What Are Prediction Markets, and Why Are They Causing Controversy?

The indictment of a soldier who bet on the U.S. operation to capture President Nicolás Maduro of Venezuela put renewed focus on a new way to gamble, and a new way to cheat.Read More
Trump Says He Dislikes Prediction Markets. His Family Invests in Them.

The White House has warned staff not to wager on government decisions, but his family’s involvement with these firms undermines the president’s message.Read More
Appeals Court Says Trump’s Ban on Asylum Claims at Border Is Illegal

The ruling could force the Trump administration to begin processing new applications from asylum seekers at the southern border.Read More
Todd Blanche Targets Trump’s Enemies Amid Jockeying to Lead DOJ

Mr. Blanche’s actions are meant to demonstrate progress on the president’s priorities, chief among them payback.Read More
Both Iran and U.S. Blockade Strait of Hormuz

The foes are trying to exert control over the narrow passageway. Most ships aren’t moving. Here’s what to know.Read More
Netanyahu Reveals He Had Prostate Cancer and Underwent Radiation Therapy

The Israeli leader had surgery in 2024 for an enlarged prostate. More recently, follow-up care detected a tumor, his office disclosed on Friday.Read More
Trump Extends Waiver Allowing Foreign Ships to Move Goods Between U.S. Ports

The move was intended to ensure the flow of fuel in the United States, but some economists say it might reduce gas prices for consumers only a small amount.Read More
The Peril of Piloting Ships Through the Strait of Hormuz

Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”Read More
How Kevin Warsh Could Shrink the Fed’s Footprint in Financial Markets

President Trump’s nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance sheet.Read More
How Elon Musk Used SpaceX to Benefit Himself and His Businesses

The rocket maker has been a useful financial tool for Mr. Musk, providing the billionaire with loans and aiding his struggling companies, a Times examination found.Read More