Newsroom Headlines

FTX Chief Executive John J. Ray III released a report that alleged an unnamed senior lawyer assisted the crypto exchange’s founder, Sam Bankman-Fried, in misusing customer deposits, the Wall Street

Eviction moratoriums were put in place across the U.S. at the start of the pandemic in 2020 to prevent displacement and curb the spread of the coronavirus. Most expired long ago, but not in Oakland or

A Florida state agency is selling municipal bonds to backstop the state’s homeowner’s insurance industry after a surge of claims and litigation drove some insurers to shutter, Bloomberg News reported

Democrats are pushing to reform the deposit insurance system following massive bank failures that nearly tanked the economy earlier this year, The Hill reported. After the collapse of Silicon Valley

PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., the latest example of a bank seeking to improve liquidity by selling assets to private investment firms

Publishers Clearing House (PCH), which offers sweepstakes where people can win thousands of dollars per week for life, has agreed to pay $18.5 million and change its business practices to settle

Puerto Rico’s financial oversight board is considering slashing — by about half — the amount of new bonds it claims the island’s bankrupt power utility can repay, a potential offering that bondholders

Buy Buy Baby, the baby goods retailer owned by Bed Bath & Beyond, has been attracting interest ahead of its bankruptcy-run auction. But suitors are cooling on keeping its stores open, CNBC.com

The return of student loan payments could lead to borrowers not paying back debt as their expenses mount, according to Bank of America, MarketWatch.com reported. While consumers have been paying their

Wintermute Trading Ltd., one of the biggest cryptocurrency market makers, was accused in a proposed class-action lawsuit of helping former Celsius Network Ltd. Chief Executive Officer Alex Mashinsky