Sam Bankman-Fried, once hailed as a genius in cryptocurrency, was found guilty Thursday of all fraud counts against him, a year after his exchange, FTX, imploded and practically wiped out…
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A jury has found Sam Bankman-Fried Thursday guilty on all counts in the fraud trial against the former crypto billionaire. CNBC reported at around 4:55 p.m. Pacific time that the…
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Homebuyers and sellers face an uncertain wait for billion-dollar verdict to hit their wallets
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The historic $1.78 billion National Association of Realtors verdict in Kansas City, Missouri, this week could trigger a major disruption in the housing market, but it’s unclear when millions of…
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U.S. jury finds realtors liable for inflating commissions, awards $1.78 billion in damages
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A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett’s Berkshire Hathaway, liable to pay $1.78 billion in damages for…
The Federal Reserve left interest rates unchanged Wednesday as it continues to track inflation and the health of the economy. The central bank voted unanimously to leave its primary interest…
The U.S. Education Department is fining Grand Canyon University $37.7 million, saying the for-profit Christian school misrepresented the costs of its doctoral programs. The agency says Grand Canyon University told…
People with prescriptions to fill could run into an unexpected snag over the next couple of days, as hundreds of pharmacists may call out of work to protest working conditions…
The United Auto Workers strike is set to end as the union and General Motors announced a tentative agreement on a new contract Monday. The breakthrough comes just days after…
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Sam Bankman-Fried is confronted with his own words as prosecutors question him in criminal fraud trial
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Prosecutors cross-examined FTX co-founder Sam Bankman-Fried on Monday after the former crypto billionaire testified in his own defense. Bankman-Fried is facing decades in prison on seven federal charges, including wire fraud,…
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Florida is booming and burning more trash. Residents say it’s making them sick.
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Like many booming metros, Tampa is finding that more people equals more garbage. In response, officials there are leaning into an approach popular in Florida: Set it on fire. “All…