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A major exchange executive says he detected red flags months before the historic FTX collapse. CME Group chairman and CEO Terry Duffy said he suspected corruption at the cryptocurrency exchange the day of his first one-on-one meeting with founder Sam Bankman-Fried. “I told my team this had nothing to do …

Lawyers for collapsed crypto exchange FTX said in the company’s first bankruptcy hearing on Tuesday that regulators from the Bahamas, where FTX was headquartered, have agreed to consolidate proceedings in Delaware. FTX’s lawyers, who were brought in by new leadership to handle restructuring, filed an emergency motion last week to …

CNBC’s Jim Cramer on Tuesday named hammered tech stocks that he believes can make a comeback after the Federal Reserve finishes tightening the economy. Here is his list:  Amazon Microsoft Alphabet Tesla Netflix Apple Salesforce ServiceNow Adobe Workday “Nearly all of these, save Apple, are variations on the same story …

Parents and caregivers with the Economic Security Project gather outside the White House to advocate for the Child Tax Credit in advance of the White House Conference on Hunger, Nutrition, and Health on Sept. 20 in Washington, DC. Larry French | Getty Images Entertainment | Getty Images Millions of families …

The Treasury Department issued new guidance Tuesday about policies on the maritime transport of Russian oil ahead of a planned price cap in early December. The guidance, which complements the U.K.’s newly-released policies, outlines how U.S. service providers can continue carrying Russian seaborne oil that was loaded before Dec. 5, …

A GE AC4400CW diesel-electric locomotive in Union Pacific livery, is seen ahead of a possible strike if there is no deal with the rail worker unions, as a Metrolink commuter train (right) arrives at Union Station in Los Angeles, California, September 15, 2022. Bing Guan | Reuters The Surface and …

Candy Valentino remembers times of financial uncertainty. Growing up the daughter of two teenage parents — her father a car mechanic, her mother a housekeeper — money was often scarce, she says. As a teenager, “I watched my parents work so hard, and I started to think about what it …

You’ll probably spend some time this weekend going through Black Friday and Cyber Monday deals. Unfortunately, scammers are counting on that. Shoppers spent nearly $20 billion online between Black Friday and Cyber Monday in 2021, making the shopping weekend prime territory for internet scammers. And with budget-conscious shoppers seeking holiday …

Justin Paget | Digitalvision | Getty Images The Biden administration on Tuesday issued a final rule that makes it easier for employers to consider climate change and other so-called environment, social and governance factors when picking investment funds for their 401(k) plans. The U.S. Department of Labor rule, which takes …

Where you live may have an impact on your credit rating. With Minnesota’s low poverty rate and high employment, its residents have a credit score of 724, on average, well above those of even wealthier states, such as California and New Jersey, according to a recent report by WalletHub based …