FTX’s multibillion-dollar cryptocurrency blowup hasn’t shaken some of its customers’ faith in the industry

Former billionaire, Sam Bankman-Fried, saw a meteoric rise as crypto’s golden boy and an even more spectacular fall from grace as his $32 billion cryptocurrency exchange, FTX, collapsed in a matter of days. FTX customers and investors around the world watched in shock as a single tweet ignited a series of events that ended with… Continue reading The Collapse of FTX: Insiders Tell All

After enduring years of inflation and rising travel prices, travel enthusiasm may be finally cracking under the pressure, new reports suggest.

Three surveys of consumers in China reveal where they plan to spend during one of the biggest holidays since the country ended its Covid-19 controls.

Pros on CNBC discussed Nike after the sneaker maker’s fiscal first-quarter earnings and gross margins topped analyst estimates, while sales missed.

The Securities and Exchange Commission greenlit what the Pershing Square CEO has called a SPARC — a special purpose acquisition rights company.

Mark Cuban’s Fireside streaming platform is launching an advice network, aimed primarily at helping entrepreneurs — and Cuban himself is set to be a part of it.

These are the stocks posting the largest moves in midday trading.

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser.

The Paris public prosecutor’s office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov.