The U.S. government charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday. Federal prosecutors allege he intentionally deceived customers and investors to enrich himself and others, while playing a central role in FTX’s multibillion-dollar collapse. The indictment says that beginning in 2019 Bankman-Fried devised “a…
Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in pr…
American consumers and nearly every industry will be affected if freight trains grind to a halt next month. One of the biggest rail unions rejected its deal Monday ove…
The lawyers for FTX disclosed Tuesday that a “substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the…
A coalition of consumer groups is asking grocery chains to rethink their digital-only coupons. Consumer Reports, Consumer World and others say the deals discriminate a…
The new Toyota gas-electric Prius hybrid not only comes with more power, acceleration and driving range. It’s also more stylish, scrapping the rather stodgy angular bo…
An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was f…
The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founde…
Elon Musk is seeking to reassure big companies that advertise on Twitter that his chaotic takeover of the social media platform won’t harm their brands. He acknowledge…
A new fully electric vehicle startup in Italy is challenging U.S. and Chinese rivals with “Made in Italy" design. AEHRA is being launched by a former oil trader who hi…
A group of major U.S. businesses wants the government to hide key import data -- a move trade experts say would make it more difficult for Americans to link the produc…
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and e…
The U.S. Department of Labor is publishing a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contract…
