Sam Bankman-Fried says he ‘got a little cocky’ before FTX collapsed
By Allison Morrow, CNN Business Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not…
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Caroline Ellison, former Alameda chief, and Gary Wang, FTX cofounder, each pleaded guilty to multiple charges and are cooperating with feds
CNN, CNN BUSINESS By Kara Scannell and Matt Egan, CNN Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to…
Continue Reading Mortgage rates fall for the third week in a row as inflation fears ease
By Anna Bahney, CNN Business Mortgage rates dipped again this week, marking the third straight week of falling rates. The 30-year fixed-rate mortgage…
Continue Reading This is what McDonald’s drive-thru of the future could look like
By Danielle Wiener-Bronner, CNN Business McDonald’s is hoping a drive-thru lane with a food conveyor belt, a pickup room for delivery workers…
Continue Reading Pepsi wants you to drink soda mixed with milk this holiday season
By Danielle Wiener-Bronner, CNN Business ‘Tis the season to mix milk into your soda. According to Pepsi, anyway. Pepsi launched a campaign…
Continue Reading Sam Bankman-Fried says he ‘got a little cocky’ before FTX collapsed
CNN, CNN BUSINESS By Allison Morrow, CNN Business Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity,…
Continue Reading Family Dollar is a mess. It hopes lowering prices will help
CNN, MALL OF AMERICA, WLFI By Nathaniel Meyersohn, CNN Business Family Dollar has lost ground in the dollar store race for years. Now, the discount…
Continue Reading Family Dollar is a mess. It hopes lowering prices will help
By Nathaniel Meyersohn, CNN Business Family Dollar has lost ground in the dollar store race for years. Now, the discount chain hopes lowering prices…
Continue Reading The Fed’s favorite inflation measure cooled in October
By Chris Isidore, CNN Business A key measure of consumer prices slowed somewhat in October, another hopeful sign that inflation pressures could be…
Continue Reading To make money, avoid these common mistakes
By Jeanne Sahadi, CNN Business No matter how smart or well educated you are, and no matter how successful professionally, when it comes to investing…
Continue Reading Railroad workers aren’t the only Americans without paid sick days
By Tami Luhby, CNN As freight railroad workers look to Congress to provide them with paid sick days, millions of other American employees have no…
Continue Reading Is the worst over for bitcoin and the rest of crypto?
CNN By Paul R. La Monica, CNN Business The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this…
Continue Reading US gas is cheaper than before Russia invaded Ukraine
By Matt Egan, CNN Prices at the pump continue to plunge, dropping the US average for gasoline below where it was when Russia invaded Ukraine. A…
Continue Reading Powell revives hopes of a Fed pivot. That’s a bad thing
By Nicole Goodkind, CNN Business Federal Reserve Chair Jerome Powell made investors very happy on Wednesday. US stocks popped after the central…
Continue Reading What to expect from Friday’s jobs report
By Alicia Wallace, CNN Business Ahead of Friday’s closely watched jobs report, economists polled by Refinitiv say they are expecting job growth…
Continue Reading Binance still has big growth plans despite crypto market meltdown
By Diksha Madhok, CNN Business Binance is expanding into new markets even as the crypto industry grapples with turmoil unleashed by the spectacular…
Continue Reading India on track for record $100 billion in remittances, says World Bank
By Diksha Madhok, CNN Business The extensive Indian diaspora will help the South Asian country reach a special milestone this year. Asia’s…
Continue Reading FTX founder Sam Bankman-Fried: ‘Look, I screwed up’
By Allison Morrow, CNN Business Sam Bankman-Fried, the 30-year-old founder of the bankrupt crypto exchange FTX, said he “didn’t ever try…
Continue Reading America may dodge a crippling rail strike. Here’s how we got here
By Chris Isidore, CNN Business A crippling freight railroad strike that threatened to upend the US economy now looks unlikely, as Congress votes on…
Continue Reading Smaller rate hikes are likely coming in December, says Fed Chair Powell
By Alicia Wallace and Lucy Bayly, CNN Business The Federal Reserve could pull back on the pace of its aggressive rate hikes as soon as December, Fed…
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