As the U.S. heads toward November’s midterm elections, a growing number of investors and political observers are turning to prediction markets like Kalshi and Polymarket to gauge who might win.

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...

Some analysts think the markets could out-compete polls in newsrooms and more, but the approaches are vastly different.

Prediction falls flat: Biden’s 2019 forecast that Republicans would reject Trump after his defeat did not materialize, as ...

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