The CFTC is suing popular betting site Intrade. And now Intrade is telling its customers to start shutting down their accounts. From Intrade (via TPM): ATTENTION U.S ...

WASHINGTON U.S. regulators on Monday sued Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, saying it illegally let customers bet on ...

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Economists love prediction markets like Intrade. But the U.S. government has long been skeptical of such sites. Is it time for that change? That question popped up again this week after federal ...

Can the power of markets help us predict the balance of power? Yes - if the federal government does not forbid it. Just as people wanted to know where Hurricane Sandy would hit, or how flu vaccines ...

Intrade, the prediction website that accepted bids on, among other things, the result of the presidential election, is shutting its operations to U.S. customers. The move came Monday just hours after ...