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Sam Bankman-Fried admits FTX ‘sure should have’ done more to protect customers’ money

Author October 28, 2023

Facing decades in prison on fraud and money laundering charges, FTX co-founder Sam Bankman-Fried testified in his own defense on Friday. After his

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Categories Economy

U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

Author October 27, 2023

The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of higher interest

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Categories Economy

Live Nation spars with senator over its vow to ditch hidden ticket fees

Author October 26, 2023

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Categories Economy

Ticketmaster’s hidden fees remain common long after it vowed to scrap them

Author October 26, 2023

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Categories Economy

Sam Bankman-Fried to testify in federal fraud trial, attorney says

Author October 26, 2023

FTX founder Sam Bankman-Fried will take the stand to testify in his own defense, his attorney said in a conference call Wednesday.

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Categories Economy

Chevron is buying Hess for $53 billion amid uncertainty in oil markets

Author October 26, 2023

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as

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Categories Economy

What to know about travel safety as the Israel-Hamas war continues

Author October 25, 2023

Last Thursday the State Department advised travelers from the U.S. to “exercise increased caution” worldwide because of the Israel-Hamas war, citing “the

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Categories Economy

Autoworkers strike expands again with walkout at GM SUV plant

Author October 24, 2023

The United Auto Workers union expanded its strike against Detroit’s Big Three for the second consecutive day as members at a major

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Categories Economy

UAW strike expands again as union says it shut down Ram truck plant

Author October 24, 2023

The United Auto Workers union says it expanded its strike again Monday, as 6,800 people stopped working at a plant that makes

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Categories Economy

Prosecutors in Sam Bankman-Fried trial compare defense argument to ‘Dumb and Dumber’

Author October 24, 2023

Prosecutors in the criminal trial against FTX co-founder Sam Bankman-Fried compared one of the defense’s arguments to a scene in the 1994 film “Dumb

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