Hormuz Deadlock, Presidential Laugh Lines, Prediction Markets

Apr 25, 2026 16 min

About this episode

A deadlock between the U.S. and Iran continues over the U.S. blockade of the Strait of Hormuz. Prediction markets like Kalshi and Polymarket have caught the attention of regulators as people profit from privileged information. And the media try to release some pressure through humor at the White House Correspondents Association dinner.<br/><br/>See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.<br/><br/><a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>

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