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How polling failures, gambling legalization and political gridlock paved the way for the explosive rise of prediction markets

On prediction markets such as Kalshi and Polymarket, users can stake real money on just about anything. But this isn’t simple entertainment: In theory, these wagers serve as a means of collecting the public’s insights into the future.

Latest in General
Pittsburgh’s post-steel economy is a success – and a warning for other cities

One core question is not why the steel industry in Pittsburgh collapsed, but why steel production remained so concentrated in the region for so long.

The quiet engine behind the work: CMH support services

Support services are the connective tissue between operational systems and the clinicians who provide care.

Pittsburgh spends millions on juvenile detention – research points to cheaper, more effective alternatives
Fewer options, fuller ERs: The behavioral health fallout of Medicaid cuts

MHA advocates for state funding that preserves behavioral health care and keeps rural hospitals open.

A pet‑friendly homeless shelter pilot reduced the rate of homelessness among the people it helped in California
With federal benefits cuts looming, Colorado is trying to protect families with children

While federal anti-poverty initiatives like the child tax credit expansion have stalled, states like Colorado are increasingly leveraging their tax codes to combat poverty.

Program that has supported more than 533,000 affordable rental homes in rural America getting phased out

Unless the government reinvigorates the program or replaces it with something else, much of rural America’s affordable rental housing could gradually disappear.

Opinion: AI is ‘The Thneed’ of the 21st Century

AI itself shows alarming parallels to the “Fine-Something-That-All-People-Need” in more ways than one.

How Instagram addictiveness lawsuit could hold Big Tech liable

For decades, Section 230 shielded technology companies from liability for content that their users post. The K.G.M. litigation uses a different legal strategy: negligence-based product liability.

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