{
  "id": 679838,
  "title": "Inflation cools slightly; New York City Council probes prediction markets like Kalshi and Polymarket",
  "url": "https://urgent.news/2026/08/12/inflation-cools-slightly-new-york-city-council-probes-prediction",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T16:36:44.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/video/inflation-cools-slightly-nyc-probes-prediction-markets-like-kalshi-and-polymarket/"
  },
  "original_language": "en",
  "account": null,
  "summary": "U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CBS News",
        "title": "NYC Council probes prediction markets over advertising practices",
        "url": "https://urgent.news/2026/08/12/nyc-council-probes-prediction-markets-over-advertising-practices",
        "published": "2026-08-12T16:04:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}