Parents of Sam Bankman-Fried face scrutiny over their roles in FTX
By Allison Morrow, CNN Sam Bankman-Fried’s multibillion-dollar crypto empire was run primarily by “grossly inexperienced and…
Continue ReadingBy Allison Morrow, CNN Sam Bankman-Fried’s multibillion-dollar crypto empire was run primarily by “grossly inexperienced and…
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By Oliver Darcy, CNN The Washington Post will conduct layoffs in the coming year as it reorients itself for the future and reinvests in other areas,…
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By Julia Horowitz, CNN An electric scooter service just became the only company to pull off an initial public offering in Russia this year. Whoosh,…
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By Parija Kavilanz, CNN It happens every year — the mad dash to ship holiday gifts to get them to loved ones on time. And it bears repeating,…
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By Hanna Ziady, CNN Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg’s list…
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By Nicole Goodkind, CNN It’s been a harrowing year for markets and investors are tired. Months of sky-rocketing inflation and interest rates,…
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By Matt Egan, CNN As federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting to push…
Continue ReadingBy Laura He, CNN Beijing has vowed to go all out next year to save its Covid-hit economy by boosting consumption and loosening control over private…
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By Laura He and Jennie Chen, CNN An unprecedented wave of Covid cases in China has sparked panic buying of fever medicines, pain killers, and even…
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By Nicole Goodkind, CNN The Federal Reserve approved a half-point interest rate hike on Wednesday, a smaller increase than in recent months and an…
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By Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
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By Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
Continue Readingby Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
Continue Readingby Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
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By Hannah Rabinowitz, CNN Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark’s…
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By Danielle Wiener-Bronner, CNN Once again, food inflation is outpacing overall inflation. In the year through November, food got 10.6% more…
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By Danielle Wiener-Bronner, CNN The combination of extreme weather and a disease impacting citrus fruit is expected to drive down Florida’s…
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By Chris Isidore, CNN United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent…
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By Alicia Wallace, CNN Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as measured by…
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By Jordan Valinsky, CNN Business The “other Sears” is in financial turmoil, just like its more famous parent company. Sears Hometown…
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By Nicole Goodkind, CNN The Federal Reserve is expected to respond to persistently high inflation by hiking interest rates half a point on Wednesday.…
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By Matt Egan and Allison Morrow, CNN FTX founder Sam Bankman-Fried was indicted on eight criminal charges including wire fraud and conspiracy by…
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By Chris Isidore, CNN United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent…
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By Kathleen Magramo and Jake Kwon, CNN Do Kwon, a disgraced tycoon behind the collapse of the TerraUSD and Luna coins that roiled the crypto assets…
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By Nicole Goodkind, CNN The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on…
Continue ReadingBy Peter Valdes-Dapena, CNN The Ford F-150 Lightning was named MotorTrend’s 2023 Truck of the Year on Tuesday, making it the second electric…
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By Kathleen Magramo, CNN Hong Kong on Tuesday announced it would scrap some remaining restrictions on travelers and end contact tracing, after…
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By Laura He, CNN China has challenged a move by the United States to block sales of advanced computer chips and chip-making equipment to Chinese…
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By Allison Morrow, CNN Sam Bankman-Fried, the founder of failed crypto exchange FTX, was arrested in the Bahamas on Monday after US prosecutors filed…
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By Ramishah Maruf, CNN Millions of angered Taylor Swift fans didn’t receive tickets to the artist’s latest tour after a widely…
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By Chris Isidore and Vanessa Yurkevich, CNN Railroad workers could get the paid sick days that were at the heart of their threat to go on strike…
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By Peter Valdes-Dapena, CNN Business Tesla CEO Elon Musk has said numerous times since 2015 that Tesla cars would be entirely self-driving in two…
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By Allison Morrow, CNN With his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers…
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By Peter Valdes-Dapena, CNN Business Subaru is recalling 271,694 SUVs because some of them could catch fire. The company is advising owners of some…
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By Alicia Wallace, CNN The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid…
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By Oliver Darcy, CNN Business “GMA3” co-anchors T.J. Holmes and Amy Robach will “remain off-air pending the completion of an…
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By Oliver Darcy, CNN Business “GMA3” co-anchors T.J. Holmes and Amy Robach will “remain off-air pending the completion of an…
Continue ReadingBy Matt Egan, CNN Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and…
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By Paul R. La Monica, CNN The holidays are meant to be the most wonderful time of the year. But for investors, this week just might be the most…
Continue ReadingBy Oliver Darcy, CNN Business The Wall Street Journal on Monday named Emma Tucker as its next editor-in-chief, marking the first time the Rupert…
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By Alicia Wallace, CNN Consumers are expecting inflation to improve in the coming months, according to new survey data from the Federal Reserve Bank…
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By Jordan Valinsky, CNN Business Elon Musk joined Dave Chappelle on stage Sunday in San Francisco, home of Twitter’s headquarters where the…
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By Alicia Wallace, CNN The trend is clear: Inflation is cooling off in America. The Federal Reserve’s preferred measurement of inflation showed…
Continue ReadingBy Chris Isidore, CNN Business Elon Musk just sold another 22 million shares of Tesla, raising $3.6 billion. Musk sold the shares on Monday, Tuesday…
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By Julia Horowitz, CNN Europe has the energy supplies it needs to make it through the year. But 2023 might be a different story. That’s the…
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By Anna Cooban, CNN Nurses in the United Kingdom have reached breaking point. As many as 100,000 members of the Royal College of Nursing will walk…
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By Nicole Goodkind, CNN ‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for 2023. A…
Continue ReadingBy Gabe Cohen, CNN Anya Remy is Christmas shopping for her family on a stricter budget than ever before. Remy, a human resources professional in…
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By Julia Horowitz, CNN Rivian said Monday it would no longer pursue a deal with Mercedes to build electric vans for businesses in Europe. In a…
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By Michelle Watson, CNN Dorothy Pitman Hughes, the co-founder of one of the most prominent feminist magazines, has died, according to a funeral home…
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