Sam Bankman-Fried, FTX founder, charged with fraud, money laundering
The Justice Department discloses the charges against Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX.
Inflation causing Americans to cut back on savings: Here's how to stay on track
Inflation is forcing Americans to cut back on personal savings and retirement funds. Here’s how you can manage your finances amid economic uncertainty.
Chinese real estate mogul extradited to US on bribery charges over San Francisco project
Guangzhou R&F Properties co-founder Zhang Li has been arrested in London for the purpose of extradition so he may face trial for bribery charges in the U.S.
WeWork’s once robust cash reserves have dwindled, raising chances of default
WeWork, saddled with expensive long-term leases and more than $3 billion of debt, recorded a negative cash flow of around $4.3 billion between July 2020 and September of this year.
Most small SUVs rated 'poor' in insurance crash testing
The Insurance Institute for Highway Safety announced in a Monday report that new frontal crash testing found just two out of 15 small SUVs earned a "good" rating.
Federal prosecutors charge FTX founder Bankman-Fried with 8 counts of conspiracy, fraud
Former FTX CEO and co-founder Samuel Bankman-Fried has been charged with eight counts of conspiracy and fraud in federal court in New York, according to an indictment.
SEC charges Bankman-Fried for alleged 'massive, years-long fraud'
The SEC has filed charges against Samuel Bankman-Fried, for allegedly "orchestrating a massive, years-long fraud" involving cryptocurrency trading platform FTX.
Supreme Court expands review of Biden’s student loan handout
The U.S. Supreme Court has agreed to hear another challenge to the Biden administration's student loan relief program, putting it in further jeopardy
Credit card balances hit record high amid inflation: TransUnion
Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.
New IRS rule on Venmo, Cash App payments threatens to sweep up millions of Americans
Taxpayers need to prepare to report transactions exceeding $600 that are received through Venmo, PayPal and other cash apps to the IRS starting in 2023.
JPMorgan Chase CEO Jamie Dimon: Government default would be ‘catastrophic’ ahead of funding deadline
Jamie Dimon said that Republicans and Democrats should address the debt ceiling now rather than risk a showdown later as they continue working to avoid a government shutdown.
Spirit Airlines flight attendant fired because she was too overweight for jump seat, she claims in lawsuit
A new lawsuit brought by a former Spirit Airlines flight attendant alleges following the woman's termination that the airline violated the Civil Rights Act.
Inflation level a 'phenomena' that has not been 'seen in recent memory': David Hunt
PGIM CEO David Hunt joins 'Barron's Roundtable' to provide an outlook on the economy and recession and discusses inflation, the Federal Reserve's management, and the difference between institutional and retail funds.
Uber files legal petition against New York City Taxi and Limousine Commission
Ride-share company Uber filed a legal petition Friday against the New York City Taxi and Limousine Commission about upcoming driver pay rate increases.
US climate reparations would be a 'misuse of hard earned taxpayer dollars': Mandy Gunasekara
Former Trump EPA chief of staff Mandy Gunasekara joins 'Fox Business Tonight' to discuss Special Presidential Envoy for Climate John Kerry's call for U.S. to pay reparations to third world countries affected by climate change.
How Exxon Mobil’s CEO views energy shortages and increasing profits
Exxon Mobil CEO Darren Woods sits down to discuss energy policy and security, after Ukraine, as well as carbon emissions and clean energy such as renewables.
San Francisco guaranteed income program for pregnant Black women to expand across California
A San Francisco guaranteed income program for Black pregnant women will expand to other parts of California
Brian Moynihan added to short list to replace Yellen at Treasury
As rumors spread about Secretary of the Treasury Janet Yellen's departure, Brain Moynihan, the CEO of Bank of America is considered a potential replacement.
Sky-high mortgage rates are a ‘tremendous hit’ to affordability: Nick Timiraos
Nick Timiraos of the Wall Street Journal discusses the recent real estate phenomenon of companies that are purchasing single-family homes at a record pace across the country.
Carvana creditors criticize management, gird for a fight
Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.