Closing arguments next in FTX founder Sam Bankman's fraud trial after his testimony ends
FTX founder Sam Bankman-Fried has undergone a final barrage of questions from a prosecutor aimed at showing that he's not being honest about how $8 billion of his customers' funds disappeared, setting the stage for final arguments
2023-11-01 08:24
Judges rule state takeover of Nashville airport's board violates Tennessee Constitution
A panel of judges has ruled that it was unconstitutional for Tennessee lawmakers to pass a state takeover of Nashville International Airport’s board without approval from city officials or voters
2023-11-01 08:23
Auto strike settlements will raise costs for Detroit's Big 3. Will they be able to raise prices?
From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit’s automakers
2023-11-01 05:16
Stock market today: Wall Street drifts as it nears the finish of a 3rd straight losing month
Wall Street is drifting following mixed earnings reports from big companies
2023-10-31 23:26
Boris Johnson's former top aide is withering about UK government during COVID-19 pandemic inquiry
The former top aide to ex-British Prime Minister Boris Johnson has painted a picture of widespread chaos and dysfunction in government during the coronavirus pandemic
2023-10-31 22:45
US wages rose at a solid pace this summer, posing challenge for Fed's inflation fight
Wages and benefits grew at a slightly faster pace in the July-September quarter than the previous three months, a benefit to workers that also represents a risk to the Federal Reserve’s fight against inflation
2023-10-31 21:54
A continuing decline in sales of COVID-19 products clips revenue at Pfizer
Pfizer lost more than $2 billion in the third quarter as an expected COVID-19 product sales decline clipped revenue
2023-10-31 21:47
India-led alliance set to fund solar projects in Africa in a boost to the energy transition
An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop installations, mainly in Africa, according to the group’s director general
2023-10-31 19:49
Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold
2023-10-31 19:45
Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelines
The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors
2023-10-31 19:17
Biden administration takes on JetBlue as its fight against industry consolidation goes to court
The Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines
2023-10-31 18:50
Stock market today: World shares mixed, oil prices gain ahead of Fed decision on rates
World shares are mixed and oil prices have gained as investors await a decision by the U.S. Federal Reserve on interest rates
2023-10-31 17:55