Prediction markets say they offer “event contracts”, tied to events where the payoff structure is binary. Either the event occurs and a payment is made, or it does not and no payment is made. If you ...

In “Lunch with the FT” ( Life & Arts, FT Weekend, February 7), Tarek Mansour, the chief executive of the US’s largest prediction market, makes some claims for the future of the industry which he says ...

The billionaire venture capitalist explained why software would eat the world in 2011. He had no idea.

As prediction market platforms like Polymarket and Kalshi battle regulators in court, Senate Democrats are urging the CFTC to avoid weighing in, escalating a broader fight over the burgeoning industry ...

The billion-dollar prediction markets industry began like a joke: Three economists walked into a bar.

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

The Tel Aviv indictment is the first publicly known instance of people being accused of leveraging military secrets to place ...

Discover how Long Run Incremental Cost (LRIC) affects business decisions and pricing strategy with insights on cost prediction, investment impact, and financial control.

Enron, long remembered as one of the largest corporate fraud scandals in American history, now looks small by comparison. Recent revelations of billions of dollars in fraudulent spending uncovered in ...

Machine learning for health data science, fuelled by proliferation of data and reduced computational costs, has garnered considerable interest among researchers. The debate around the use of machine ...

Here are three predictions for the 2026 Mississippi State baseball season in coach Brian O'Connor's first year.

At the end of 2024, no AI had even managed to place 100th in one of the major competitions. But they have since vaulted up the leaderboards. AIs have already proved that they can make superhuman ...