Russian oligarchs invest in US commercial real estate, bypassing sanctions as feds warn banks
The Treasury's Financial Crimes Enforcement Network warned banks to be on the lookout for Russian oligarchs trying to evade sanctions by investing in U.S. commercial real estate.
Apple, Amazon earnings, jobs data and Fed decision top week ahead
The Fed's February meeting as well as earnings from automakers, oil companies and tech companies, including the biggie, Apple, will steer financial markets this week.
Custodia Bank's Fed membership application denied by Federal Reserve Board
Custodia Bank's application for Federal Reserve System membership was declined, according to officials, due to concerns with cryptocurrency and safety risks.
Intel shares having worst day in 15 months
Intel is on pace to record its worst trading day loss since October of 2021 after the company reported poor quarterly and annual revenues.
Bed Bath & Beyond can't pay creditors, bankruptcy looms
Bed Bath & Beyond has filed with the SEC stating they do not have available resources to pay outstanding debt and will consider a variety of strategic alternatives including further cost reductions and bankruptcy.
US Treasury announces additional sanctions on Russia's Wagner Group
The U.S. Treasury Department expanded sanctions on Russia's Wagner Group and announced new sanctions for entities supporting the military complex.
Microsoft stock en route to worst daily drop in weeks
Microsoft shares are down Wednesday despite an earnings report that showed a 2% spike in quarterly revenue.
Peter Schiff: Inflation will be higher by year's end; US debt tops economic hurdles
Outspoken economist Peter Schiff of Euro Pacific Capital shares his warnings with FOX Business on the debt ceiling and addresses why inflation is not really easing.
3M cutting thousands of jobs, profits tumble
3M, the maker of Scotch Tape and Post It Notes, will reduce 2,500 jobs at locations around the world due to macroeconomic uncertainty.
Yellen rejects minting $1T platinum coin to avoid US debt ceiling as a 'gimmick'
Treasury Secretary Janet Yellen dismissed the idea of minting a $1 trillion platinum coin to raise the debt limit without Congress as a "gimmick" that the Fed may not agree with.
Microsoft will invest billions into artificial intelligence firm
Microsoft and OpenAI will grow their partnership now that Microsoft has confirmed the company will invest $10 billion into the artificial intelligence company.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Two charged with evading US sanctions to help Russian oligarch protect $90 million yacht
Two men have been charged with protecting the ownership of a $90 million owned by a Russian oligarch Viktor Vekselberg, authorities said.
Bed Bath & Beyond gets Nasdaq delisting notice: What it means
Bed Bath & Beyond is facing another critical challenge: staying listed on the Nasdaq Stock Market.
Are single-stock ETFs a good idea?
The Securities and Exchange Commission is not a fan of ETFs that hold just a single stock, but they may have benefits for certain investors.
Musk rips World Economic Forum: ‘unelected world government’
Elon Musk on Wednesday, ripped the World Economic Forum, saying it is increasingly becoming an "unelected world government" that no one asked for or wanted.
Twitter offers Blue subscription at discounted annual price
Twitter Inc has announced a new yearly plan to its subscription Blue Checkmark service as a discount to the existing monthly rate, as CEO Elon Musk looks to increase revenue.
Coinbase halting operations in Japan a week after laying off hundreds of employees
Coinbase will stop its operations in Japan due to market conditions after announcing the company would layoff 950 employees to reduce operating expenses.
FTX says hackers stole $415M after cryptocurrency exchange filed for bankruptcy
FTX met with debtors on Tuesday and reported that approximately $415 million in customer funds had been stolen shortly after the company filed for bankruptcy last November.
Goldman Sachs shares sink after brutal quarter
Investors are selling shares of Goldman Sachs after the bank reported a drop in quarterly profits.



















