The Senate Banking Committee on Wednesday is holding a second day of hearings this week on the downfall of cryptocurrency exchange FTX, examining how the company’s implosion could impact the […]
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Back to news homeDOJ and SEC charge social media influencers in alleged $100 million stock pump and dump scheme
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., May 12, 2021.Andrew Kelly | ReutersFederal prosecutors and the Securities and Exchange […]
Stocks making the biggest moves midday: SoFi Technologies, Charter Communications, Delta and more
Delta Airlines Embraer ERJ 170-200 flying above Los Angeles International Airport on Oct. 2, 2022 in Los Angeles, California.AaronP/Bauer-Griffin | Gc Images | Getty ImagesCheck out the companies making the […]
Mortgage demand inches higher as interest rates move lower
A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022.Steve Pfost | Newsday | Getty ImagesAfter a month of […]
Sam Bankman-Fried and FTX Engaged in Fraud for Years, Prosecutors Say
In the early 2000s, Mr. Ray oversaw the unwinding of Enron, the energy trading firm that collapsed in an accounting scandal. At the hearing, he called the perpetrators of Enron’s […]
Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Costs
Mr. Musk’s team has also deliberated the merits of not paying severance to the thousands of people who have left the company since he took over, when there were about […]
Inflation Cooled Notably in November, Good News for the Fed
Inflation slowed more sharply than expected in November, an encouraging sign for both Federal Reserve officials and consumers that 18 months of rapid and unrelenting price increases are beginning to […]
India’s Paytm to spend up to $103 million to buy back shares
Paytm will spend up to $127 million to repurchase it shares, the company’s board approved on Tuesday, as the Indian financial services firm looks to calm investors after a tumultuous […]
Vegas visitors can take semi-autonomous EVs for a tour starting in 2023
Arcimoto, the maker of the three-wheeled electric Fun Utility Vehicles (FUVs), is teaming up with Faction to develop EVs that can be delivered to a customer’s hotel through a combination […]
Shield AI raises another $60M at a $2.3B valuation for its military autonomous flying tech
Defense technology continues to get a lot of attention from investors, and today, one of the bigger startups in the space is announcing more funding. Shield AI — which develops […]