World

Another factor driving discussion around raising output: Two big OPEC members, Iraq and the United Arab Emirates, want to pump more oil, OPEC delegates said.

Dozens of the world’s leading investment firms, including Sequoia Capital, SoftBank Group Corp., and hedge funds Third Point and Tiger Global, showered Sam Bankman-Fried with money.

Amid a declining fuel demand from China due to rising COVID-19 cases, the price of oil fell to the lowest point in two months on Monday.

Interest in escaping from the pressures of living in China have been going on for a while, but the re-election of Xi Jinping and new COVID outbreaks has led to a massive spike in people wanting out.

Sam Bankman-Fried spent a massive amount of money during his year in the Bahamas — before his crypto empire collapsed and declared bankruptcy earlier this month.

Investors are setting up for a short but busy Thanksgiving week monitoring ripples from FTX's collapse, retail action with holiday sales underway and minutes from the Federal Reserve's last meeting.

A business manager in a Nashville suburb told a local Fox affiliate that ongoing theft, harassment and panhandling have negatively impacted his establishment and the local economy.

American Express said Friday that some of its cardholders are having problems using their credit cards and that they were working to "resolve" the problem.

FOX Business host Larry Kudlow responds to Attorney General Merrick Garland naming a special counsel in investigations on Mar-a-Lago and Jan. 6 on 'Kudlow.'

FTX collapsed after a futile bid by Sam Bankman-Fried to raise emergency funds. It came under regulatory oversight through the dozens of licenses it picked up via its many acquisitions.

Sen. Josh Hawley, R-Mo., a member of the Judiciary Committee, demanded relevant information and correspondence related to FTX from top Biden administration officials.

Before FTX went bankrupt, and CEO Sam Bankman-Fried lost his fortune, he moderated a panel with former President Bill Clinton calling for "do no harm" regulations on crypto.

FTX bankruptcy lawyers accuse former CEO Sam Bankman-Fried of complicating their case with "his incessant and disruptive tweeting."

The collapse of Sam Bankman-Fried's FTX has drawn attention to his efforts to influence regulations on the crypto industry and his past comments on the subject before his firm folded.

Chinese imports to the U.S. have fallen faster than total imports in recent months as political upheavals around the world force businesses to rethink traditional supply chains

Red-hot inflation has begun to peak in the United States, but Jeremy Hunt and the Bank of England face the United Kingdom's highest inflation since 1981.

Iranian-backed hackers broke into the network of a U.S. federal government agency and used that access to install cryptocurrency mining software, CISA said.

Liquidators for FTX filed a petition to a New York court, rejecting the validity of US bankruptcy proceedings, arguing that Bahamanian law takes precedent.

The U.S. may request Sam Bankman-Fried's extradition from the Bahamas for questioning regarding the collapse of FTX.