FTX founder Sam Bankman-Fried leaves US Federal Court in New York City on March 30, 2023. Kyle Mazza | Anadolu Agency | Getty Images FTX founder Sam Bankman-Fried resumed his testimony on Monday, and used his time on the stand to blame his former close friends and colleagues for the …

When Jayson Siu’s car accessories side hustle first went viral, he was completely “unprepared.” It was October 2021, and a TikTok video about one of his products — an LED-lined rearview mirror — started racking up views. They turned into sales: $12,000 in a single day, Siu tells CNBC Make …

Credit scores rose as consumers took on more debt As higher prices weighed on most Americans’ financial standing, consumers, as a whole, have fallen deeper in debt, causing an increase in credit card balances and an uptick in missed payments. As of April, the average credit card utilization was 34%, up …

DETROIT — The United Auto Workers and General Motors have agreed to a deal that will put an end to collective bargaining talks between the union and Detroit automakers following more than six weeks of targeted U.S. labor strikes, sources told CNBC. GM is the final Detroit automaker to reach a …

President Joe Biden speaks as he meets with AI experts and researchers at the Fairmont Hotel in San Francisco, Calif., on Tuesday, June 20, 2023.  Jane Tyska | Medianews Group | Getty Images President Joe Biden unveiled a new executive order on artificial intelligence — the U.S. government’s first action …

The United States is working very closely with its trading partners in the Indo-Pacific region to help build economic resilience, said U.S. Trade Representative Katherine Tai. The Indo-Pacific Economic Framework (IPEF) initiative, launched in May last year by U.S. President Joe Biden, is looking to announce a number of initiatives …

World Trade Organization Director-General Ngozi Okonjo-Iweala opens the 2021 WTO Public Forum with a round table on Covid and trade, in Geneva, on September 28, 2021. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images The World Trade Organization’s …

Many hotels claim to be eco-friendly.   But are they?   A quick-and-easy test is to look for two items, said Sonu Shivdasani, founder of Soneva and Six Senses hotel brands. First, sustainable hotels should not have branded water of any sort, he told CNBC Travel.   “When you have …

Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a …

Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in the same period last year. Profit before tax for the quarter rose by $4.5 billion to $7.7 billion, …