FTX founder indicted on eight criminal charges including fraud and conspiracy
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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Danish bank pleads guilty to multi-billion dollar fraud scheme on U.S. Banks
By Hannah Rabinowitz, CNN Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark’s…
Continue ReadingInflation cooled more than expected in November
By Alicia Wallace, CNN Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as measured by…
Continue ReadingOJ prices are rising: Florida orange production expected to fall to lowest level in over 80 years
By Danielle Wiener-Bronner, CNN The combination of extreme weather and a disease impacting citrus fruit is expected to drive down Florida’s…
Continue ReadingUnited places order for 200 Boeing planes, giving two troubled jets a vote of confidence
CNN 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…
Continue ReadingInflation may be easing, but grocery prices are still way up
By Danielle Wiener-Bronner, CNN Once again, food inflation is outpacing overall inflation. In the year through November, food got 10.6% more…
Continue ReadingSears Hometown files for Chapter 11 bankruptcy protection
By Jordan Valinsky, CNN Business The “other Sears” is in financial turmoil, just like its more famous parent company. Sears Hometown…
Continue ReadingHow the Fed could do a smaller rate hike and still upset markets
By Nicole Goodkind, CNN The Federal Reserve is expected to respond to persistently high inflation by hiking interest rates half a point on Wednesday.…
Continue ReadingUnited places order for 200 Boeing planes, giving two troubled jets a vote of confidence
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…
Continue ReadingSouth Korea says crypto fugitive Do Kwon is hiding in Serbia
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…
Continue ReadingWhat to expect from this week’s Fed meeting
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 ReadingFord F-150 Lightning named MotorTrend Truck of the Year, the second electric pickup in a row
By 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…
Continue ReadingHong Kong scraps some restrictions for travelers, ends contact tracing
By Kathleen Magramo, CNN Hong Kong on Tuesday announced it would scrap some remaining restrictions on travelers and end contact tracing, after…
Continue ReadingChina challenges US chip curbs at WTO, citing ‘trade protectionism’
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…
Continue ReadingSam Bankman-Fried, FTX’s founder, is arrested in the Bahamas
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…
Continue ReadingSome Taylor Swift fans could have a second chance at snagging tour tickets, Ticketmaster says
By Ramishah Maruf, CNN Millions of angered Taylor Swift fans didn’t receive tickets to the artist’s latest tour after a widely…
Continue ReadingRailroad unions hopeful Biden will act to give workers paid sick time
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…
Continue ReadingTesla: Our ‘failure’ to make actual self-driving cars ‘is not fraud’
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…
Continue ReadingSubaru recalling 270,000 SUVs due to fire risk
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…
Continue ReadingABC News boss confirms ‘GMA3’ anchors are subject to internal probe after being pulled from air
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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