Crypto giant Binance offers little transparency after FTX collapse
Binances internal finances still remain opaque to investors after the collapse of Sam Bankman-Fried's cryptocurrency trading firm FTX caused increase scrutiny.
Hedge fund Citadel expects to return $7B in profits to clients
The hedge fund firm, which manages $59 billion in assets, told investors its flagship Wellington fund returned roughly 32% through the end of November.
Russia, China threat ‘alarming’: Foreign policy expert
Mary Kissel, former senior adviser to Secretary of State Mike Pompeo, reacts to Ukrainian President Volodymyr Zelenskyy's decision to meet with President Biden.
San Francisco businesses demand full tax refund from city for coping with area 'controlled by drug dealers'
More than 100 business and property owners in San Francisco's Tenderloin district signed a petition to the mayor demanding they be refunded on their 2022 taxes over drug crimes.
Justice Department alleges two Americans worked with Russian nationals to hack taxi system at JFK airport
Two American citizens worked with Russian nationals to hack the John F. Kennedy International Airport's taxi dispatch system, the Department of Justice is alleging.
EU countries set up gas cap to counter energy crisis
Energy ministers for the European Union agreed to a price cap earlier this week to combat the ongoing energy crisis ravaging the continent.
First images emerge of British banknotes featuring King Charles III
The Bank of England has released Tuesday the first images of its new banknotes featuring King Charles III, which are expected to enter circulation by mid-2024.
BlackRock not changing stance on ESG investing, despite criticism
BlackRock says it will make no major policies on ESG investing, despite some pushback from Republican lawmakers who criticized the company's policies.
Nike sales may soar as discounts draw shoppers; margin squeeze looms
Nike weathers recession storm this holiday season. China's full court press on COVID could not keep Nike from a final quarter comeback before Christmas.
US poised to become net exporter of crude oil in 2023
As countries turn away from Russia after it invaded Ukraine, the US has become more attractive. This new demand could push US energy production higher.
Will a Santa Claus Rally come to Wall Street this year?
A Santa Claus Rally is in doubt after the U.S. Federal Reserve decided to raise interest rates and economic recession looms.
Michigan man pleads guilty after using COVID-19 relief money to pay for BMW convertible, wedding expenses: DOJ
A Michigan man plead guilty to multiple financial charges after obtaining $170,000 in Paycheck Protection Program funding to buy personal items like a BMW convertible, the DOJ announced on Friday.
Norfolk Southern conductor trainee killed in Alabama railway accident
A Norfolk Southern conductor trainee was killed on the job this week in Bessemer, Alabama, when a piece of metal from a passing train car crashed into the victim's cab.
Advent to buy Maxar Technologies for about $4B
The company, whose origins date back to 1957, has 90 satellites in orbit, counts 70 countries among its customers and employs 4,400 people, according to its website.
Harry and Meghan put themselves in ‘disgraceful situation’ with Netflix show: Neil Sean
Royal commentator Neil Sean discusses the controversial Netflix limited series ‘Harry and Meghan’ after volume II is released with a special focus on the royal rift.
Prince Harry, Meghan Markle’s docuseries has book publisher 'worried' memoir sales will suffer: royal expert
Royal expert Neil Sean says a source close to Penguin Random House claimed the publication is "worried" sales on Prince Harry's "Spare" memoir will suffer.
China files WTO complaint over US export controls on semiconductors
China filed a dispute at the World Trade Organization against the U.S. over export controls on advanced semiconductors and computer chips.
China’s leaders plot pivot back toward boosting economy
The Chinese government is shifting back to growth mode, as a rapid deterioration in economic conditions prompts alarmed officials to turn more of their focus to development after years of criticizing cadres who gave priority to growth at the expense of social stability and fiscal prudence.
Dow plunges in perfect storm for stocks
Investors got a second-day jolt with the economy slowing as prices and interest rates are expected to keep rising. The Federal Reserve hiked rates by 50 basis points on Wednesday.
Putin accuses West of 'robbery' through sanctions in national speech on flagging economy
Russian President Vladimir Putin accused the West of "robbery" operating under the guise of international sanction as penalties bite Moscow's economy.



















