Founder and former FTX CEO Sam Bankman-Fried will not contest extradition to the U.S. in an about face just days after being remanded to Bahamas prison.
Binance’s native BNB token plunges to lowest since July as concerns mount about withdrawals, FTX ties
Crypto exchange giant Binance, the firm that would potentially bail out FTX, is facing its own questions now, and investors are selling out of its native coin.
Tax pros ‘expecting the worst’ with Venmo, PayPal tax reporting change. How to handle a 1099-K for personal payments
While the 1099-K tax reporting change applies to business payments, it’s possible you’ll receive one for personal transfers. Here’s how to handle it.
Stocks making the biggest moves midday: Meta, Maxar Technologies, Ford, Goldman Sachs and more
These are the stocks posting the largest moves in midday trading.
88% of employers offer a Roth 401(k) — almost twice as many as a decade ago. Here’s who stands to benefit
An increasing share of employers are making Roth 401(k) plan savings available to workers. But the accounts don’t necessarily make sense for everyone.
Goldman Sachs is planning to cut up to 8% of its employees in January
The planning is ongoing, and the round could be smaller than that, according to the person, who declined to be identified speaking about personnel decisions.
Former FTX spokesman Kevin O’Leary defends endorsement of Bankman-Fried’s crypto firm
Kevin O’Leary appeared on CNBC’s Squawk Box to address his Senate testimony and his sponsorship deal with FTX, trading barbs with CNBC’s anchors.
The soft-landing narrative is in trouble, and that’s making stocks look expensive
A harder landing in the economy means that stocks are very expensive.
Stocks making the biggest moves premarket: Accenture, Winnebago, Maxar Technologies and more
These are the stocks posting the largest moves before the bell.
Neobanks battle to lure UK savers with juicy yields as interest rates rocket to a 14-year high
Online banks in the U.K. are bumping up the yields on their savings accounts after the Bank of England increased interest rates for the ninth time in a year.