Disgraced crypto king Sam Bankman-Fried sentenced to 25 years

LIVE UPDATES: Former crypto king Sam Bankman-Fried learns his fate

How bridge collapse, port closure could impact US coal exports
LOSING STEAM?

How bridge collapse, port closure could impact US coal exports

Diddy raid rocks exclusive A-list hideout in Miami
BEEN AROUND THE WORLD

Diddy raid rocks exclusive A-list hideout in Miami

BlackRock CEO tells a 'tale of two parts of the economy'

Political cartoons of the day

What to Watch

Markets

Baltimore port closure may hit US coal export volumes

The Port of Baltimore's temporary closure following the collapse of the Francis Scott Key Bridge could impact U.S. exports of coal, given its role as the second-largest coal export hub.

Money

Disgraced crypto king Sam Bankman-Fried sentenced to 25 years for FTX fraud

Sam Bankman-Fried, also known as SBF, was sentenced to prison time for his role in the collapse of crypto trading firm FTX, which erased billions in customer assets.

FTX CEO John Ray has harsh words for Sam Bankman-Fried

Lifestyle

Trader Joe's wins legal victory after judge issues decision in dark chocolate lawsuit

A U.S. District judge in California dismissed most of a lawsuit against Trader Joe's on Wednesday. The proposed class action alleged that certain chocolate products were unsafe.

Real Estate

Sam Bankman-Fried's $222M Bahamas real estate holdings to go on the market

FTX will soon put Bahamas properties tied to Sam Bankman-Fried up for sale, according to a Thursday report from Realtor.com.

Renting is a better bet in markets across the US

Best of Business

Dave Portnoy blasts self-checkout tip kiosks over gratuity guilt: ‘I don’t do it to be a nice guy’

Barstool Sports founder and President Dave Portnoy weighs in on the new tipping trend that has caused consumers to further squeeze their bank accounts.

Tech

Tesla deliveries expected to slump on China competition, weak demand

Tesla is expected to release first-quarter delivery figures next week that show a sales slump due to increasing competition in China as well as lower demand due to high interest rates.

Amazon speeds up prescription delivery in NYC, LA

Sports

March Madness lets athletes boost name, image, and likeness opportunities

March Madness with star athletes competing on the biggest stage of the season with their teams, while sponsors are capitalizing on the occasion with NIL deals for standout players.

Small Business

House panel weighs repeal of Biden's independent contractor rule

A House panel will consider a joint resolution that would overturn President Biden's independent contractor rule that critics say hurts the workers it intends to help.

Personal Finance

Final fourth quarter GDP revised upwards as consumer spending rises

The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.

Luxury Properties

Rod Stewart's Beverly Hills mansion on market for $80 million

Rod Stewart raised the asking price of his Beverly Hills mansion to $80 million more than six months after listing the three-acre Los Angeles estate with tennis courts.

Rich & Famous

MLB approves Orioles sale to David Rubenstein-led group

Major League Baseball on Wednesday unanimously approved the sale of the Baltimore Orioles from the Angelos family to a group led by billionaire David Rubenstein.

Kevin Costner invests in Utah for next career move

Gadgets

Best Buy's membership program: How to level up your tech shopping experience

The My Best Buy loyalty program offers exclusive benefits to customers. Members enjoy perks such as free expedited shipping and extended return windows.

Apple's new MacBook Air models rolling out this week

Your Money

Final fourth quarter GDP revised upwards as consumer spending rises

The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.

Future Tech

Study finds 75% of U.S. adults expect job pool to shrink due to AI

Three-quarters of Americans above the age of 18 expect the job pool will shrink due to artificial intelligence, a Bentley-Gallup study indicates.

College

College savings should start in kindergarten and kids should be involved: financial expert

Gregg Murset, CEO of the app BusyKid, says it's better to start saving for child's college education early and have them help with the responsibility along the way.

Personal Real Estate

Today's 30-year mortgage rates hold steady | March 28, 2024

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

Retirement

Cost of living hinders younger generations from saving for retirement: Fidelity

Fidelity Investment's annual State of Retirement study found that over half of Millennials and Gen Z think saving for retirement will be harder in comparison to their parents.

401(k)s vs pension plans: What's the difference?

Valentine's Day: When love and money collide

Money in Politics

I started my own business and that opportunity should be open to everyone

When I started my own business in South Carolina, I learned how hard it is to acquire capital. That chance at the American Dream should be open to every business

Business Leaders

Tesla deliveries expected to slump on China competition, weak demand

Tesla is expected to release first-quarter delivery figures next week that show a sales slump due to increasing competition in China as well as lower demand due to high interest rates.

Boeing CEO Dave Calhoun to step down at year's end

Travel

Carnival Freedom passenger onboard during fire recounts 'dangerous, terrifying' experience

A Carnival Freedom passenger who was onboard during the ship's second fire in two years recounted her experience, which she called "terrifying."

US Markets

Budweiser attempts rebranding with Super Bowl ads

Anheuser-Busch announced that it purchased a few minutes of ad space that will air during Super Bowl 58 to address the brand's declining sales.

Food & Drinks

Trader Joe's wins legal victory after judge issues decision in dark chocolate lawsuit

A U.S. District judge in California dismissed most of a lawsuit against Trader Joe's on Wednesday. The proposed class action alleged that certain chocolate products were unsafe.

NFL

Netflix to feature NFL stars Justin Jefferson, Davante Adams in 'Receiver' docuseries

Netflix will offer a documentary series on NFL wide receivers -- 'Receiver' -- as the streaming giant continues to move forward with its sports strategy. The series will debut over the summer.

See Travis Kelce's lakeside Super Bowl rental house

AI

Gemini fallout: Former Google employee warns of 'terrifying patterns' in company's AI algorithms

A former high-level Google employee said "terrifying patterns" were found in Google's algorithms and suggested what went wrong with the Gemini chatbot.

Elections

RFK's running mate is Google co-founder's ex: Who is she?

Robert F. Kennedy, Jr. announced that Nicole Shanahan will serve as the vice president of his independent presidential ticket at an event in Shanahan's hometown of Oakland on Tuesday.

Stuart Varney: Trump exposed Biden's 'lawfare' tactics

Oil

Baltimore port closure may hit US coal export volumes

The Port of Baltimore's temporary closure following the collapse of the Francis Scott Key Bridge could impact U.S. exports of coal, given its role as the second-largest coal export hub.

Arts

Elton John auction to feature singer's '70s platform boots, piano and more

Christie's is auctioning off $10 million worth of Elton John's items, curated from his former Atlanta penthouse. The auction includes 1970s outfits and pieces of artwork.

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