As US home prices decline, number of buyers with underwater mortgages swells
December 13, 2022

An alarming number of new homeowners are discovering they owe more on their mortgage than...

FTX CEO blames ‘grossly inexperienced’ owners for collapse, says customer money funded risky Alameda trades
December 13, 2022

Current FTX CEO John Ray III laid the blame for the cryptocurrency exchange’s collapse on...

JetBlue warns December travel demand falls below expectations
December 13, 2022

JetBlue Airways said Tuesday that the low-cost airline’s revenue is taking a bit of a...

Stuart Varney: Sam Bankman-Fried built a house of cards using customer funds like his personal piggy bank
December 13, 2022

During his latest “My Take,” “Varney & Co.” host Stuart Varney discusses Sam Bankman-Fried’s “house...

Today’s 20-year mortgage rates dive below 6% | Dec. 13, 2022
December 13, 2022

Based on data compiled by Credible, mortgage rates for home purchases have risen for three...

Federal prosecutors charge FTX founder Bankman-Fried with 8 counts of conspiracy, fraud
December 13, 2022

Federal prosecutors in the Southern District New York have charged Samuel Bankman-Fried, former CEO and...

Moderna and Merck team-up to fight melanoma
December 13, 2022

A Moderna study published Tuesday shows the vaccine-maker’s collaboration with biopharma Merck will help patients...

Sam Bankman-Fried’s FTX brought us crypto’s Madoff moment. SEC should use its power to protect consumers
December 13, 2022

It feels like 2008 all over again as Bernie Madoff’s playbook has resurfaced—only this time it’s in...

China-US chip battle heats up as Beijing prepares to spend $143B to boost manufacturing: report
December 13, 2022

Beijing is reading a 1 trillion yuan ($143 billion) package to bolster its semiconductor manufacturing...

Mortgage rates to stay high in 2023: Freddie Mac
December 13, 2022

Mortgage rates could remain high over the next year as the Federal Reserve continues to...