Robinhood to buy back Bankman-Fried's stake from US government for $605.7M
The shares of Robinhood were seized and subsequently transferred to the custody of the U.S. government after Bankman-Fried's FTX and Emergent filed for bankruptcy protection last year.
GDP growth for Q2 dips on second estimate
Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.
Pot stocks rally after health officials ask DEA to reclassify marijuana as lower-risk drug
Assistant Secretary for Health Rachel Levine reportedly requested in a letter to DEA Administrator Anne Milgram that marijuana be downgraded to a schedule III substance.
Regulators propose changes to ‘living wills’ and debt rules for big banks in wake of crisis
Federal financial regulators proposed new rules for large banks that aren't classified as systemically important related to their long-term debt holdings and their "living wills."
Secretary of Commerce Gina Raimondo says US businesses complaining China is becoming 'uninvestable'
Commerce Secretary Gina Raimondo said the Chinese government's actions against U.S. firms are making China "uninvestable" for American businesses due to the risk and uncertainty.
NY AG secures increased $12.5B payout after drinking water for millions contaminated with 'forever chemicals'
New York Attorney General Letitia James announced changes to a possible $12.5 million settlement with 3M over water pollution.
What the 10 drugs subject to Medicare price negotiations currently cost
President Biden announced the first 10 Medicare Part D drugs his administration has selected for price negotiation, including blood thinner Eliquis and Jardiance, a diabetes medication.
Travel chaos unfolding in Europe as UK air traffic control working to fix 'technical issue'
A “technical issue" that affected a top United Kingdom air traffic control service provider is causing travel disruption across Europe, reports say.
Biden admin seeks to boost tourism, trade with Raimondo's China visit
Commerce Secretary Gina Raimondo is on a four-day trip aimed at boosting trade ties between the U.S. and China amid economic and geopolitical disputes between the two countries.
North Korea running commercial flights to China, Russia for first time since COVID-19
North Korean airline Air Koryo has resumed commercial flights with China and Russia after years of pandemic-related restrictions.
Paper straws contain toxic ‘forever chemicals’ potentially harmful to health: study
Paper and bamboo straws can contain "forever chemicals" more often than plastic and steel straws, a new study from Europe published this week has found.
Consumers want AI to help manage their personal finances: study
A new study by Intuit Credit Karma via Qualtrics found that American consumers want generative artificial intelligence tools to help them manage their personal finances.
Heineken sells Russian operations for €1
Dutch beer manufacturer Heineken has pulled out of Russia after selling its production facilities for a symbolic €1.
True value of US dollar: Strength, fluctuating currencies
The value of the dollar, compared to other currencies, has seen historical fluctuations over the years, with many factors affecting changes in its value.
Stuart Varney issues warning over Russia: 'A superpower in abject disarray is a dangerous thing'
FOX Business' Stuart Varney argued Putin's Russia is a superpower in disarray as the Ukraine war heats up after the death of mercenary leader Yevgeny Prigozhin.
Subway agrees to sale to Roark Capital, ending nearly 6 decades of family ownership
Sandwich chain Subway has been owned by the families of its founders for nearly six decades, but in February announced it was exploring a possible sale.
Prigozhin plane maker Embraer SA says it wasn't providing service, support to jet due to sanctions: report
A Embraer SA spokesperson says the company has not been providing support to the Legacy 600 jet reported to have crashed Wednesday outside of Moscow due to sanctions.
Juul Labs ‘substantially reducing headcount’ to save money ahead of litigation settlements
Juuls Labs announced on Wednesday it was ‘saying goodbye to highly valued team members’ to hedge economic and compliance-related headwinds, impacting 250 people on the company’s staff.
Facebook owner Meta, forced to pay nearly $100K per day for violation, is still breaking rule, regulator says
Meta Platforms should continue paying a daily fee of nearly $100,000 as it remains in violation of the European General Data Protection Regulation, a Norwegian regulator argued.
Foot Locker shares sink as inflation curbs spending, cuts annual forecast
Shares of Foot Locker plunged after the retailer lowered its yearly forecast and suspended its quarterly dividend to conserve cash, citing "price-sensitive" consumers.



















