Traders marked Warsh as the narrow favorite to replace Jerome Powell, assigning him roughly a 46% chance of nomination, compared with about 39% for Hassett.

Kalshi expands combo event contracts, boosting parlay-style payouts and its first-mover advantage as sportsbooks race to catch up amid legal scrutiny.

As Kalshi’s trading volume surpasses Polymarket’s, it will now offer prediction market access to Phantom’s 15 million users on Solana.

Prediction market Kalshi entered into a deal with CNN last week that includes running its content on the news channel during broadcasts.

On Kalshi, anyone who bet on any of the “Architects of AI”—including Sam Altman, Elon Musk, Jensen Huang, Dario Amodei, Mark Zuckerberg, Lisa Su, and Demis Hassabis—still won the bet. Those who bet their products, however, did not.

The trading exchange platform offers contracts on the December 19 boxing match with heavyweight champion Joshua heavily favored over the 12-1 social media star.

State's Fourth Circuit brief argues any preemption of state law in the Commodity Exchange Act does not apply to swaps

The Baller League deal is the latest in a string of sponsorship agreements struck by Kalshi, which claims to have seen trading volume on its platform increase eightfold since July. The NHL tapped Kalshi and competitor Polymarket as its official prediction markets in October,