close video Rep. French Hill on FTX scandal: We hope we can have Sam Bankman-Fried testify Arkansas Republican Rep. French Hill gives his take on responding to the FTX collapse on ‘The Evening Edit.’ FTX founder Sam Bankman-Fried is reportedly expected to plead not guilty on Tuesday to federal fraud and money laundering charges in
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Fundrise came out with a new real estate fund at the beginning of 2021. In less than two years, it has reached $1.3 billion in value and granted its investors 36.1% in accumulated returns. At the moment, its accepting new investors with a minimum investment of just $10. For a limited time, Fundrise is offering
As the Russia-Ukraine War ragesinto 2023, the economic and human cost of the Russian invasion of its neighbor continues to rise. The war began in February 2022, and several months into the conflictan ally ofRussian PresidentVladimir Putin made a startling statement about a potential Russian military strike on a major Western city if NATO was
Elon Musk-owned Twitter has been sued for failing to pay $136,250 rent for its office space in San Francisco. The property's landowner Columbia Reit – 650 California LLC notified the company on Dec. 16 that it would default in five days unless the rent was paid,reportsBloomberg. Twitter is on lease and has offices on the
Former President Donald Trump made headlines in late 2022 when he revealed a non-fungible token collection. The NFTs were widely criticized, but also saw huge demand from fans and collectors. Heres how much an investment in the NFTs would be worth today. What Happened: Trump announced the launch of an NFT collection called Trump Digital
ExxonMobil and Chevron are expected to rake in almost $100bn in combined profits from 2022 as the US corporate oil titans capitalise on surging fossil fuel prices following Russia’s invasion of Ukraine. The profit bonanza is seen by the oil majors as vindication after the companies resisted pressure from activists and some shareholders to pivot away
Pension funds should be “extremely careful” when investing in illiquid assets, as rising interest rates and falling stock markets increase the likelihood of their having to access cash quickly, the OECD has warned. In the recent era of low interest rates, pension funds poured money into alternative investments, such as infrastructure projects and private equity,
UK house prices fell for the fourth consecutive month in December, marking the longest contraction since the 2008 financial crisis, as rising interest rates deterred prospective buyers. Prices contracted 0.1 per cent between November and December, following falls every month since September, according to figures provided by Nationwide, the mortgage provider. It was the worst
close video Southwest Airlines pilots union VP on incredibly frustrating flight cancellations: We were left in the dark The vice president of the Southwest Airlines Pilots Association, Captain Mike Santoro, provides insight on the ongoing Southwest flight cancellations and what the company can do to improve the situation. Transportation Secretary Pete Buttigieg criticized Southwest over
3 people stabbed in Brooklyn New York City police said a 61-year-old man was stabbed to death just before 6 a.m. inside a home in Bensonhurst. NEW YORK – The NYPD says the 22-year-old daughter of a 61-year-old man who was stabbed to death inside a home in Brooklyn on Thursday has been arrested and
One of Lt. Gov. Karyn Politos first relationship-building tests with the cities and towns across Massachusetts came soon after she and Gov. Charlie Baker were sworn into office in 2015, when a string of winter storms dumped several feet of snow across Massachusetts and hamstrung MBTA service. Polito, speaking to MassLive during an interview in
“Democrats controlled the House, Senate, and White House and still couldn’t get cannabis reform bills passed,” Sen. Rand Paul (RKy.) complained on Twitter last week. “I would go much further and end the federal war on a plant entirely, but at LEAST let legal business operate as a legal business.” Paul was alluding to the
One of the most popular voices behind the meme cryptocurrencyDogecoin DOGE/USD is Tesla CEO Elon Musk. The Tesla CEO has tweeted about the Shiba Inu-themed cryptocurrency many times, and often caused spikes in valuation. The meme cryptocurrency remains one of Musks favorite topics on Twitter. Here is a look at how much Dogecoin has grown
close video Elon Musk swats at Tesla investor Ross Gerber after criticism Gerber Kawasaki CEO Ross Gerber tells ‘The Claman Countdown’ he’s going to run for a seat on Tesla’s board after Elon Musk took a swipe at him on Twitter. Tesla investors are riding out a tough year and month. Both are the worst
Democrats released six years of former President Trump’s tax return information last week as part of reports into the presidential audit program, revealing that the former president wasn’t receiving regular audits from the IRS and that he was reporting big business losses every year. On Friday, Trump’s actual tax returns from 2015 to 2020 are
Calls grow for Rep.-elect George Santos to resign The lies appear to keep coming for New York Congressman-elect George Santos and his background. This time, about his education growing up. FOX 5 NY’s Jodi Goldberg breaks down all the latest developments in the ongoing saga. NEW YORK – As Rep.-elect George Santos gets closer to
Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of Oracle of Omaha. Many of his investing strategies are known, but there is one that is often overlooked yet incredibly important. Its a lot more
Carl Doug McMillon has spent most of his life working for Walmart Inc WMT . Starting as a truck unloader at one of Walmarts distribution centers at 16, McMillon worked his way up the chain of command at the company to be namedthe youngest CEO since company founder Sam Walton. McMillonisalso part of a new
Biogen Inc BIIB shares tradedhigher Thursday morning before pulling back. Reports indicate that the FDA's process for approving Biogen's Alzheimer's drug Aduhelm was filled with "irregularities." What To Know: According to a New York Timesreportciting a congressional investigation released on Thursday, the FDA's actions "raise serious concerns" about potential lapses in protocols. The committeealso criticized
close video FOX Business Flash top headlines for December 28 Check out what’s clicking on FoxBusiness.com More than 300,000 U.S. accountants and auditors have left their jobs in the past two years, a 17% decline, and the dwindling number of college students coming into the field can’t fill the gap. The exodus is driven by
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