Sam Bankman-Fried says he has $100K left in bank account after FTX collapse
Former FTX CEO Sam Bankman-Fried has revealed that he now has $100,000 in his personal bank account after once being valued at $26.5 billion, a report says.
House passes Biden-backed bill to avert rail strike
The U.S. House of Representatives passed legislation to avert a national railroad strike, but questions remain about whether the effort can clear the 50-50 Senate.
Powell speech, GDP revision, private hiring and more: Wednesday's 5 things to know
Wednesday will have several events that will move markets including a speech by Fed Chairman Jerome Powell, plus the latest update on quarterly growth.
Richard Branson on his upbringing and new 'Branson’ docuseries: ‘I’m incredibly grateful’
Billionaire Richard Branson is releasing a docuseries with HBO detailing his life. "Branson" will be available for streaming on Thursday, and highlights the Virgin Group founder's upbringing.
Biden admin set to impose another rule on US oil and gas while courting Venezuelan oil
President Biden's Department of the Interior proposed rules to reduce methane leaks on public lands and charge fees for flaring that exceeds those limits.
FTX crypto contagion continues after BlockFi bankruptcy
Fears of contagion in cryptocurrency markets continue to grow after BlockFi filed for bankruptcy on Monday due to the company's financial ties to failed exchange FTX.
Biden accuses US of getting ‘lazy’ in sending manufacturing jobs to China
President Joe Biden on Tuesday blamed corporate greed and laziness for American jobs being shipped overseas to places like China over the last several decades.
Biden's push to avert national rail strike faces opposition by progressive Democrats
Progressive lawmakers in Congress are opposing President Biden's push to avert a national railroad strike that could paralyze the nation's economy and supply chains.
FTX founder Sam Bankman-Fried quietly purchased major Democratic data firm
FTX founder Sam Bankman-Fried reportedly bought a major Democratic voter analytics software company over the summer, chasing away the firm's other investors.
Fertilizer, chemicals to stop moving Dec. 4 ahead of rail strike deadline
Fertilizer producers warned that products would stop shipping on rail lines by Dec. 4 if a deal is not reached to avert a rail worker strike. The wider deadline is Dec. 9.
Biden: 'I am confident' crippling nationwide rail strike will be avoided
President Biden on Tuesday said Congress must act swiftly to avert a nationwide rail strike that could devastate the economy just before Christmas.
GOP lawmakers blast Biden for turning to Venezuelan dictator for oil while curbing domestic production
GOP lawmakers lambasted the Biden administration for its decision over the weekend to open the door to oil imports from Venezuela, saying the move was hypocritical.
Democrats could add $500B in new debt during final weeks of congressional control
Year-end spending and tax priorities could set up Democrats in Congress for a wave of legislation that adds hundreds of billions of dollars to the national debt.
FTX founder manipulated ESG to earn 'virtue signaling glow': Palantir co-founder
The founder of the crypto exchange FTX manipulated ESG to convince investors that everything was above board before filing for bankruptcy, investor says.
BlockFi not FTX, says company's financial adviser
The financial adviser to bankrupt BlockFi says there are no corporate governance issues at the cryptocurrency exchange and that management remains committed to doing the right thing.
Inflation fight could last until 2024, Fed official warns
New York Federal Reserve President John Williams expects inflation to remain elevated in 2024, signaling that interest rates may remain high for "some time."
Walt Disney CEO Iger meets with employees, hiring freeze stays in effect
Disney CEO Bob Iger on Monday held his first meeting with employees following his return to the top role at the entertainment giant and told them that the company's hiring freeze will remain in effect.
Mark Cuban on crypto amid FTX implosion: 'Separate the signal from the noise'
Billionaire investor Mark Cuban continues to believe in cryptocurrency, he indicated in a recent TMZ Sports interview, even amid the ongoing FTX scandal.
White House defends easing oil sanctions on Venezuela, says ‘plenty of opportunities' to drill in US
NSC Strategic Communication Coordinator John Kirby defended the White House easing sanctions on Venezuela, downplaying that it was at the expense of U.S. oil companies.
Stagflation to plague global economy in 2023, keeping stocks on edge
Stagflation is the consensus view for the global economy and stock market in 2023, according to a majority of fund managers surveyed by Bank of America.


















