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Covered by Diana Pemberton · Political Markets Analyst

Kennedy Center board defies federal judge with second closure vote
Breaking

Kennedy Center board defies federal judge with second closure vote

Defense Secretary Pete Hegseth separately dismissed reports of deteriorating conditions aboard the USS Abraham Lincoln, …

Gambity Staff · 24m ago
Air India orders blanket pilot drug testing after altitude incident
Breaking

Air India orders blanket pilot drug testing after altitude incident

Air India has mandated substance screening for all pilots in its fleet following an incident in which one of its aircraf…

Gambity Staff · 2h ago
House Democrats shed long-held seats as anti-establishment revolt reshapes midterm map
Breaking

House Democrats shed long-held seats as anti-establishment revolt reshapes midterm map

Districts that haven't been competitive since the 1990s are now inside single digits.…

Gambity Staff · 5h ago
Clacton byelection opens as Reform faces first test without Farage on the ballot
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Clacton byelection opens as Reform faces first test without Farage on the ballot

Polling has opened in Clacton following Nigel Farage's resignation as MP at the start of July, triggering a byelection t…

Gambity Staff · 8h ago
CFTC flags reward-structure deficiencies at prediction exchanges
Breaking

CFTC flags reward-structure deficiencies at prediction exchanges

The Commodity Futures Trading Commission issued a formal warning to prediction-market exchanges on Wednesday, identifyin…

Gambity Staff · 11h ago
Iran rejects US claim of Hormuz control as strait traffic hits three-month low
Breaking

Iran rejects US claim of Hormuz control as strait traffic hits three-month low

Hormuz shipping traffic has fallen to its lowest point in three months.…

Gambity Staff · 15h ago
Trump cabinet members rode decoy plane as Iran threat shaped Nato security
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Trump cabinet members rode decoy plane as Iran threat shaped Nato security

cabinet officials remained aboard a secondary aircraft during President Trump's departure from the Nato summit in Turkey…

Gambity Staff · 18h ago
US gas prices breach mid-August record as Hormuz dispute enters fifth week
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US gas prices breach mid-August record as Hormuz dispute enters fifth week

Retail gasoline prices in the United States have reached a historic high for the mid-August period, with the Hormuz stan…

Gambity Staff · 21h ago
Oman holds its diplomatic lane as U.S.-Iran war tests Gulf neutrality
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Oman holds its diplomatic lane as U.S.-Iran war tests Gulf neutrality

If Muscat's neutrality becomes untenable — through economic pressure, military proximity, or Gulf Cooperation Council is…

Gambity Staff · 1d ago
Kennedy Center ruling exposes Trump's cultural overreach in federal court
Breaking

Kennedy Center ruling exposes Trump's cultural overreach in federal court

A superior court judge awarded $252,480 to jazz musician Chuck Redd, who canceled a scheduled Kennedy Center performance…

Gambity Staff · 1d ago
Strait of Hormuz transit falls to eight vessels as IEA warns of 4.3 mb/d supply loss
Breaking

Strait of Hormuz transit falls to eight vessels as IEA warns of 4.3 mb/d supply loss

3 million barrels per day expected supply loss, with stockpiles described as rapidly depleting.…

Gambity Staff · 1d ago
Nevada Problem Gambling Council moves to sever ties with national body over prediction…
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Nevada Problem Gambling Council moves to sever ties with national body over prediction…

The Nevada Council on Problem Gambling has announced its intention to cut formal ties with the National Council on Probl…

Gambity Staff · 1d ago
FlightAware withdraws suit against Kalshi within 24 hours of filing
Breaking

FlightAware withdraws suit against Kalshi within 24 hours of filing

State-law data claims against a CFTC-designated contract market must contend with the preemption architecture of 7 U.…

Gambity Staff · 1d ago
Trump decoy flight leaves press corps as unwitting passengers on threat-flagged jet
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Trump decoy flight leaves press corps as unwitting passengers on threat-flagged jet

Gambity's current baseline for US executive continuity through Q4 2026 stands at 91%.…

Gambity Staff · 1d ago
Qatar reports Oman-Iran shipping talks making major progress
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Qatar reports Oman-Iran shipping talks making major progress

The disclosure came as Iran publicly rejected Donald Trump's assertion that the United States holds complete control ove…

Gambity Staff · 1d ago
CFTC order overrides New York bid to shut Kalshi prediction markets
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CFTC order overrides New York bid to shut Kalshi prediction markets

The Commodity Futures Trading Commission has ordered Kalshi to continue operating prediction markets in New York state, …

Gambity Staff · 1d ago
Trump administration invokes birthright ruling to cap tariff refund scope
Breaking

Trump administration invokes birthright ruling to cap tariff refund scope

The Trump administration appealed a federal court order requiring tariff refunds for companies that never filed suit, ar…

Gambity Staff · 2d ago
FlightAware suit challenges Kalshi's data sourcing for flight markets
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FlightAware suit challenges Kalshi's data sourcing for flight markets

If FlightAware prevails on the data-sourcing argument, Kalshi faces either a licensing cost that reprices its operationa…

Gambity Staff · 2d ago
Trump Iran threat plane swap exposes presidential security gap
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Trump Iran threat plane swap exposes presidential security gap

The United States president was transported out of Turkey inside a catering container aboard a decoy aircraft, while jou…

Gambity Staff · 2d ago
Assad Sentenced: Death Verdict Prices 12% Extradition
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Assad Sentenced: Death Verdict Prices 12% Extradition

Assad remains in Russia, where he has resided since fleeing Damascus in December 2024.…

Gambity Staff · 2d ago