The Federal Reserve reinforced its inflation fight by raising its key interest rate for the seventh time this year and signaling more hikes to comeWASHINGTON -- The Federal Reserve reinforced its inflation fight Wednesday by raising...
A hacker claims to have posed as the CEO of a financial institution to obtain access to the more than 80,000-member database of InfraGardBOSTON -- A hacker who reportedly posed as the CEO of a financial institution claims to have obtained...
Jim Chanos, a short seller famous for shorting the Houston energy-trading company Enron, which imploded spectacularly in 2001, often refers to the book “The Seven Signs of Ethical Collapse” when talking about identifying...
Zack Morris and seven other men are charged with what's known as a "pump and dump" scheme that made more than $114 million, the Justice Department said"We're going to keep growing and making a lot of money,"...
The move from the Federal Reserve signals confidence that inflation will continue to fall.The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.5%, slowing an aggressive series of rate increases...
Lawmakers across both major parties criticized FTX and Bankman-Fried but disagreed about the overall crypto industry.Senators across both major parties on Wednesday sharply criticized bankrupt cryptocurrency exchange FTX and its former...
Stocks rose on Wall Street as markets hold onto hope that the Federal Reserve is ready to ease back slightly on its campaign to slow the economy with high interest ratesNEW YORK -- Stocks rose on Wall Street Wednesday ahead of the...
General Motors is recalling more than 825,000 SUVs and cars in the U.S. and Canada because the daytime running lights may not turn off when the headlights are onDETROIT -- General Motors is recalling more than 825,000 SUVs and cars...
The U.S. government charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on TuesdayNEW YORK -- The U.S. government charged Samuel Bankman-Fried, the founder and former...
Aviation startup Boom Aerospace has lined up contractors to help design an engine for its supersonic planeDALLAS -- Aviation startup Boom Technology says it will power supersonic passenger jets with engines designed by a company better...
U.K. inflation eased in November as gasoline and diesel prices rose more slowly than the previous monthLONDON -- U.K. inflation eased in November as gasoline and diesel prices rose more slowly than the previous month.The consumer price...
Lawmakers leading the negotiations on a bill to fund the federal government for the current fiscal year say they’re reached agreement on a “framework” that should allow them to complete work on the bill over the next week and...
A major advance in fusion research announced in Washington on Tuesday was decades in comingThe major advance in fusion research announced in Washington on Tuesday was decades in coming, with scientists for the first time able to engineer...
United Airlines is making waves with a huge order for new planesUnited Airlines said Tuesday that it ordered 100 new Boeing 787s, a large, twin-aisle jetliner, to replace planes that are nearing retirement age and allow United to expand...
The new CEO of FTX says the founder of the failed cryptocurrency exchange helped 1,500 Bahamian investors remove $100 million from their accounts while other customers around the world were locked out of the exchangeWASHINGTON -- Sam...
United Airlines said Tuesday it planned to purchase 100 Boeing 787 Dreamliners, with options to buy an additional 100. United Airlines said Tuesday it planned to purchase 100 Boeing 787 Dreamliners, with options to buy an additional...
The inflation report continued a monthslong drop from the summer peak.Consumer prices rose 7.1% last month compared to a year ago, continuing a monthslong decline from a 40-year record reached over the summer.Economists had predicted...
Subaru is recalling more than 270,000 SUVs due to a potential fire risk, with owners urged to park their cars outside until inspected and repaired. Subaru is recalling more than 270,000 SUVs due to a potential fire risk, with owners...
A soft landing is the best-of-all-worlds outcome for the economy.For well over a year, inflation has slowly sunk many U.S. households, soaking up Americans' savings.The aggressive fight against inflation by the Federal Reserve...
Moderna’s stock soared Tuesday after the COVID-19 vaccine maker detailed progress in developing another potential preventive shot for a deadly form of skin cancerModerna’s stock soared Tuesday after the COVID-19 vaccine maker detailed...
The fall of FTX and Sam Bankman-Fried reached a new low this week with his arrest on criminal fraud and conspiracy charges.Cryptocurrency exchange FTX collapsed from a multibillion-dollar corporate darling into a bankrupt cautionary...