News
Crypto exchange founder gets 25 years for fraud
Sam Bankman-Fried, the cofounder of the defunct crypto exchange FTX, was sentenced Thursday to 25 years in prison for defrauding...
U.S. economic growth upgraded to 3.4%
Despite previously estimating a 3.2% growth pace, the U.S. government said Thursday that the economy actually grew at a 3.4%...
SEC wins lawsuit against Coinbase
A judge in Manhattan federal court ruled Wednesday in favor of the Securities and Exchange Commission in its lawsuit against...
Insurers prepare for billions in losses after bridge collapse
Although it's too early to determine the complete financial losses in conjunction with Tuesday's bridge collapse in Baltimore, insurance companies...
Amazon adds $2.75B to funding for AI startup
Amazon announced Wednesday that it is investing an additional $2.75 billion in Anthropic, an artificial intelligence company, bringing the total...
Visa, Mastercard limit swipe fees in class-action settlement
As a result of a class-action settlement, credit card giants Visa and Mastercard will restrict "swipe fees" charged to merchants...
Manufacturing industry shows tentative signs of recovery
Orders for durable goods went up by 1.4% in February, beating expectations and indicating possible signs of recovery in the...
Companies scramble to divert after Baltimore bridge collapse
Following the collapse of the Francis Scott Key Bridge in Baltimore early Tuesday morning, companies are racing to divert shipping...
3 Boeing executives step down following safety concerns
Three senior executives at Boeing, including its chief executive officer, are stepping down from the company after significant safety concerns...
Apple hit by multiple consumer lawsuits
On the heels of a massive antitrust case filed by the U.S. Justice Department and 15 states last week, tech...
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