Business News

Fried's FTX cryptocurrency exchange, was sentenced Tuesday to 24 months for her role in a multibillion-dollar fraud involving the bankrupt company. Ellison, 29, pleaded guilty nearly two years ago...
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There are more potential alternatives to Visa’s debit network in the event the company is penalized by the Justice Department....
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The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market....
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Activist investor Elliott Investment Management is ready to call for a proxy fight with Southwest Airlines and is trying to get all of the airline’s shareholders on board. In the coming weeks,...
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With only weeks left to go until the November presidential election, Democrat Kamala Harris has a slight edge over Republican Donald Trump in most recent national polls. Online prediction market...
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The runway is clear for the stock market to keep powering higher once the US presidential election is decided, says Goldman Sachs Group Inc.’s David Kostin....
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Donald Trump’s stock fell another 10% Monday, tumbling almost 30% in five days. It’s among several SPAC mergers that have burned investors. As the threat of insider sales continues to hang over...
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China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy....
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Breitling AG’s Chief Executive Officer Georges Kern said he’s “quite confident” the luxury industry has hit bottom, amid a China-led economic slowdown that’s taken a toll on high-end retailers around...
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The prices Japanese companies charge each other for services rose 2.7% in August from a year earlier, steady from the previous month, central bank data showed on Wednesday. Service-sector inflation...
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