Finance

Bahamian authorities on Monday arrested Sam Bankman-Fried, disgraced founder of the cryptocurrency exchange, FTX, after the US filed charges against him.

Sam Bankman-Fried, the disgraced founder of the failed crypto-exchange FTX, says he wants to start a new business to help his investors make back the money they lost in the crash.

Accounting issues that brought down major crypto firms like FTX and Celsius, exist in firms weathering the crypto contagion such as Marathon and Riot Blockchain.

As Western shipping and maritime services firms steer clear of Russian oil to avoid falling foul of sanctions or harming their reputations, new companies have leapt into the void.

Former FTX CEO Sam Bankman-Fried said on Sunday that he will testify before Congress when he's "finished learning and reviewing what happened."

Financial technology services companies received billions of dollars through taxpayer-funded PPP loan processing fees with little oversight of who was getting the loans, House lawmakers allege.

The CBO said it expects slower growth in 2023 and at least one quarter of negative growth due to higher rates, which it said would create larger budget deficits for the government.

Attention has turned to Commodity Futures Trading Commission Chairman Rostin Behnam amid the collapse of FTX as he prepares to face lawmakers Thursday.

Fidelity Charitable said that donations this year are on track to set a record. In 2021, it donated more than $10.3 billion in donor-recommended grants.

The Treasury Department announced new sanctions for human rights violations against a trio of Iranian officials involved in the regime's crackdown on protesters in predominantly Kurdish regions of the country.

The $4 million dollar fine from the SEC was for practices in 2017 and 2018 that left ESG undefined and at the discretion of Financial Advisors in ESG funds

A look inside the walls of the Bahamas' Albany Resort, where disgraced FTX founder Sam Bankman-Fried is holed up after the failure of his $32B crypto empire.

Another factor driving discussion around raising output: Two big OPEC members, Iraq and the United Arab Emirates, want to pump more oil, OPEC delegates said.

Dozens of the world’s leading investment firms, including Sequoia Capital, SoftBank Group Corp., and hedge funds Third Point and Tiger Global, showered Sam Bankman-Fried with money.

Amid a declining fuel demand from China due to rising COVID-19 cases, the price of oil fell to the lowest point in two months on Monday.

Sam Bankman-Fried spent a massive amount of money during his year in the Bahamas — before his crypto empire collapsed and declared bankruptcy earlier this month.

Investors are setting up for a short but busy Thanksgiving week monitoring ripples from FTX's collapse, retail action with holiday sales underway and minutes from the Federal Reserve's last meeting.

American Express said Friday that some of its cardholders are having problems using their credit cards and that they were working to "resolve" the problem.

FOX Business host Larry Kudlow responds to Attorney General Merrick Garland naming a special counsel in investigations on Mar-a-Lago and Jan. 6 on 'Kudlow.'

Sen. Josh Hawley, R-Mo., a member of the Judiciary Committee, demanded relevant information and correspondence related to FTX from top Biden administration officials.