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Higher gas and rents keep US inflation elevated

The latest figures on consumer prices threaten to torpedo the prospect of multiple interest rate cuts from the Federal Reserve this year.

 
Sam Bankman-Fried, fallen crypto mogul, gets 25 years in prison

Prosecutors said he had cost customers, investors and lenders over $10 billion by misappropriating billions of dollars to fuel his quest for influence and dominance in the new industry.

Stocks hit record highs after Fed forecasts interest rate cuts

The Nasdaq, S&P 500 and Dow Jones industrial average all rose after the Federal Reserve indicated it expects to issue three interest rate cuts in 2024.

 
$418M settlement deal could lower cost of selling a home

A series of lawsuits, including two filed in federal court in Nevada, claimed homeowners were forced to pay artificially inflated real estate agent commissions.

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