Sam Bankman-Fried's lawyers prepare to question star witness
In her third day of testimony in Sam Bankman-Fried's fraud trial, Caroline Ellison faced cross-examination from the lead defense attorney, who sought to undermine her narrative that placed Bankman-Fried, Ellison's former boss and ex-boyfriend, at the center of a massive criminal conspiracy.
2023-10-13 01:45
Billionaire CEO demands UPenn leaders quit and donations halt over alleged failure to address antisemitism on campus
Wall Street CEO Marc Rowan is calling for the leaders of the University of Pennsylvania to resign and donors to close their checkbooks over an alleged failure to condemn antisemitism and hate.
2023-10-13 01:26
Social Security benefits will increase by 3.2% in 2024 as inflation moderates
The acting Social Security commissioner says a 3_2% increase in benefits next year “will help millions of people keep up with expenses."
2023-10-12 21:57
Wall Street needs a boost from earnings. Can JPMorgan Chase run a strong first leg?
The third-quarter earnings season begins on Friday, marking the next test for this year's wobbly US stock market rally.
2023-10-12 19:55
Former Barclays CEO Jes Staley banned from UK banking for failing to disclose Epstein ties
James "Jes" Staley, the former JPMorgan Chase executive who was CEO of Barclays for six years, has been banned from holding senior roles in the UK financial services industry for misleading regulators about his relationship with disgraced financier Jeffrey Epstein.
2023-10-12 18:27
After troubled start, New York is shaking up its legal marijuana market with new competitors
New York is dramatically expanding a legal marijuana market plagued by a sluggish rollout of retail stores
2023-10-12 13:58
A report that foreshadows CPI is a mix of good and bad
Inflation's like a bad roommate who you're stuck living with until your lease is up.
2023-10-12 09:15
UAW expands strike, hitting Ford's largest factory
The United Auto Workers union surprised Ford late Wednesday night, having 8,700 workers walk off the job at the company's largest plant, the Kentucky Truck Plant that builds the company's heavy duty version of its F Series pickup, as well as its full-size SUVs.
2023-10-12 07:21
Chipotle is raising prices again
First, it was Girl Scout cookies. Now, inflation is hitting Chipotle's burritos and tacos.
2023-10-12 06:49
'History will judge them.' ADL leader slams CEOs who are silent on antisemitism
Anti-Defamation League CEO Jonathan Greenblatt slammed Corporate America's response to the terror attacks on Israel as "disappointing at best, disastrous at worst."
2023-10-12 05:23
Birkenstock stumbles in its stock market debut as Wall Street trades in its wingtips for sandals
Birkenstock shares are tumbling as the stock makes its debut on the New York Stock Exchange as Wall Street trades in its wingtips for sandals for a day
2023-10-12 01:57
Harvard student groups issued an anti-Israel statement. CEOs want them blacklisted
Billionaire hedge fund CEO Bill Ackman and several other business leaders are demanding Harvard University release the names of students whose organizations signed on to a letter blaming solely Israel for the deadly attacks by Hamas.
2023-10-12 00:22