Business
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Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Costs
Twitter has stopped paying rent on offices and is considering not paying severance packages to former employees, among other measures.
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Inflation Cooled Notably in November, Good News for the Fed
Inflation slowed more sharply than expected in November, an encouraging sign for both Federal Reserve officials and consumers that 18 months of rapid and unrelenting price increases are beginning to meaningfully abate. The new data is unlikely to ...
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Prosecutors Say FTX Was Engaged in a ‘Massive, Yearslong Fraud’
The lies Sam Bankman-Fried told, prosecutors say, stretched back to the very beginning. From the founding of his cryptocurrency exchange FTX in 2019, Mr. Bankman-Fried engaged in widespread fraud, the federal authorities charged on Tuesday, and used ...
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Sam Bankman-Fried’s ‘House of Cards’ Teeters
Now under arrest, the fallen crypto mogul faces a barrage of charges, including defrauding investors out of billions.
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The Rich Get College Subsidies While the Student Debt Debate Goes On
As debt relief for student loan borrowers faces scrutiny, wealthy families can amass millions of dollars in tax-favored 529 college savings plans.
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The Parents in the Middle of FTX’s Collapse
The FTX founder Sam Bankman-Fried’s mother and father, who teach at Stanford Law School, are under scrutiny for their connections to their son’s crypto business.
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In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto
Sam Bankman-Fried and Changpeng Zhao were archrivals. With FTX gone, Binance, the world’s biggest crypto exchange, is trying to step into the void.
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FTX’s Sam Bankman-Fried Is Arrested in the Bahamas
A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.
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Supreme Court Refuses to Block California’s Ban on Flavored Tobacco
The state’s voters had overwhelmingly supported letting a two-year-old law take effect, and lower courts had refused to put it on hold.
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Mariah Carey’s ‘All I Want for Christmas Is You’ Returns to No. 1
The singer’s holiday anthem, first released in 1994, ends Taylor Swift’s six-week run atop the Hot 100 singles chart.