FTX’s Bahamas liquidators reject ‘validity’ of US bankruptcy proceedings
Liquidators for FTX filed a petition to a New York court, rejecting the validity of US bankruptcy proceedings, arguing that Bahamanian law takes precedent.
US may extradite Sam Bankman-Fried amid FTX collapse investigation
The U.S. may request Sam Bankman-Fried's extradition from the Bahamas for questioning regarding the collapse of FTX.
FTX's Sam Bankman-Fried collapse compared to Enron, Madoff
The collapse of cryptocurrency exchange FTX amid reports at least $1 billion in client funds disappeared has prompted comparisons to notorious financial scandals in recent decades.
FTX founder Sam Bankman-Fried funneled max donation to Nancy Pelosi's likely successor
Sam Bankman-Fried donated the maximum allowed amount to Democratic Caucus Chairman Hakeem Jeffries who is expected to succeed Speaker Nancy Pelosi as the top House Democrat.
FTX founder Sam Bankman-Fried should testify on crypto exchange collapse: Sen. Sherrod Brown
Sen. Sherrod Brown, D-Ohio, said former FTX CEO Sam Bankman-Fried should testify before Congress regarding the collapse of his company. Billions of dollars have gone missing.
Europe’s luxury-goods sale might last a while
American shoppers now have to pay 38% more at home than they would for the same product in Europe, according to Bank of America data, compared with about 20% historically.
FTX faces criminal probe in Bahamas after company collapses, loses $1 billion in crypto
Former Crypto billionaire and top Democratic donor Sam Bankman-Fried's FTX crypto market is facing a criminal investigation in the Bahamas, police announced Sunday.
Midterm election results? Markets are more worried about the Federal Reserve
Wall Street investors are paying more attention to the Federal Reserve than to midterm elections as they try to gauge what will happen next for the markets.
Larry Kudlow: Jerome Powell should not try to explain the unexplainable
FOX Business host Larry Kudlow critiques Fed chairman Jerome Powell's conference on interest rates, calling his speech "word salad" on "Kudlow."
Iowa Powerball winner reveals what you should do right after you win the $1.2 billion jackpot
An Iowa Powerball winner, Timothy Schultz, shares practical steps to take if you win the lottery. The jackpot stands at a staggering $1.2 billion for Wednesday night's Powerball drawing.
Treasury sanctions arms traffickers connected to ISIS and al-Shabaab in Somalia
The Treasury Department announced sanctions against arms traffickers connected to ISIS and al-Shabaab in Somalia after a car bomb killed more than 100 people.
These business titans are sounding the alarm over the US economy
There is a chorus of economic warnings coming from some of America's most prominent business leaders, who are sounding the alarm about a possible recession.
Five Russians charged in global scheme to smuggle equipment from US for Russia's military
A wide-ranging indictment was unsealed on Wednesday accusing five Russian nationals of obtaining equipment from the U.S. for the Russian military.
P&G starts fiscal year strong, but soaring dollar will sting
Procter & Gamble expects sales for all of 2023 to fall between 1% and 3% compared with this year, with foreign exchange a six-percentage point headwind to sales growth.
Charles Payne says financial ‘information boom’ can induce shock, fear from investors
Charles Payne believes the ability for investors to educate themselves on social media, which coincided with the launch of Fox Business, has caused an “information boom.”
Foreclosure activity increases in the United States
One in every 1,517 properties nationwide had a foreclosure filing over the three-month period ending in September, according to new data released by ATTOM's Foreclosure Market Report.
Larry Kudlow: '$31 trillion of debt has gone too far'
Larry Kudlow weighs in on Bernanke's record comparing him to Federal Reserve chairman Powell and highlighted Bernanke and Powell's monetary practice on 'Kudlow.'
PayPal user agreement fining users up to $2,500 for promoting 'misinformation' was sent 'in error,' spox says
PayPal is walking back a recently updated Acceptable Use Policy that threatened to fine users up to $2,500 for using the service to “promote misinformation."
What is 'FDPR' and why is the US using it to cripple China's tech sector?
The FDPR, or foreign direct product rule, allows the U.S. to decide who can buy products made with American technology even if those products are made abroad.
Report shows Americans face ‘most severe’ impact to wages in 25 years
High inflation has outpaced wage growth to a degree resulting in a median decline in wages adjusted for inflation worse than the average of the past 25 years.