Note to Republican 2012 presidential hopefuls: Even if your name isn’t Mitt Romney, don’t despair. At least not yet. At this point in the election cycle four years ago, John McCain was far from the odds-on favorite to be the GOP nominee. Not only was he at 14 ...

  Like NASA‘s Upper Atmosphere Research Satellite, Sarah Palin’s political stock is falling to earth. Traders on the Iowa Electronic Markets are growing increasingly skeptical of a candidacy by Sarah Palin, and even if she does jump into the race, traders believe there's a low probability she ...

The Iowa Electronic Markets' 2012 presidential election prediction market has opened, and early trading gives President Barack Obama an edge in his re-election bid. As of 9 a.m. July 7, the Democratic contract was trading for 57.2 cents on the IEM's Winner Take All market, which ...