Disgraced crypto king Sam Bankman-Fried sentenced to 25 years
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Disgraced crypto king Sam Bankman-Fried sentenced to 25 years

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

LIVE UPDATES: NTSB investigating Baltimore bridge collapse

Diddy raid rocks exclusive A-list hideout in Miami

First-time buyers need this much to afford a starter home

High-end outerwear company slashing corporate jobs

Political cartoons of the day

What to Watch

Biological men competing against women is 'everything that's wrong with sports': Clay Travis

OutKick founder Clay Travis discusses the controversy surrounding an amateur Australian soccer team who won a women's tournament with five transgender players on 'Varney & Co.'

Markets

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

No S&P bubble, but more rate hikes? BlackRock CEO Larry Fink details a market with large-cap momentum but looming Federal Reserve and macroeconomic uncertainty.

EV maker slashes prices as it tries to avoid bankruptcy

Money

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

EV maker slashes prices as it tries to avoid bankruptcy

Fisker, whose deal with a large unnamed automaker fell through, is slashing the price of its electric SUVs in the United States as it fights to avoid bankruptcy.

Real Estate

First-time buyers need this much to afford a starter home

Buying a home is getting increasingly difficult for first-time home buyers who typically put less money down in exchange for higher monthly payments, according to economists.

Renting is a better bet in markets across the US

Redfin CEO: How to fix America’s housing shortage

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

Amazon speeds up prescription delivery in NYC, LA

Amazon Pharmacy is launching same-day delivery to customers in the New York and greater Los Angeles areas as it tries to solidify its position in the health care sector.

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

High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue

Florida has the highest homeowners insurance rates in the country, closely followed by Oklahoma, Mississippi and Texas.

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

High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue

Florida has the highest homeowners insurance rates in the country, closely followed by Oklahoma, Mississippi and Texas.

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

Former crypto king Sam Bankman-Fried set for sentencing

Former FTX CEO Sam Bankman-Fried is scheduled for sentencing Thursday after he was convicted of fraud and conspiracy charges related to the collapse of his cryptocurrency empire.

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

Travel

Economic impact from Baltimore bridge collapse will be long-lasting, trade group warns

A trucking industry expert warned the economic damage from the Francis Scott Key Bridge collapse are going to be significant and long lasting because of its importance to the area.

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

Hershey's new Cadbury Bunny is a rescue raccoon from Florida

Louie, a Miami-based pet raccoon, was recently named the winner of the 2024 Cadbury Bunny Tryouts from The Hershey Company, defeating a cat named Loki in the final vote.

McDonald's to sell Krispy Kreme doughnuts nationwide

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

Yellen says energy, health care costs still 'too high' and are 'top economic priority'

Treasury Secretary Janet Yellen said inflation has persisted in energy and health care costs and that bringing those expenses down is President Biden's top economic priority.

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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