business news

TikTok Shop strikes ‘buy now, pay later’ partnership in Malaysia as part of e-commerce push

TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in…

FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated funds

Sam Bankman-Fried, co-founder of failed crypto exchange FTX, was sued in Delaware bankruptcy court on Thursday by his ex-company’s lawyers,…

Stocks making the biggest moves after hours: CSX, PPG Industries, Knight-Swift Transportation and more

Check out the companies making headlines in after-hours trading. CSX — The transportation company dropped 5% after missing Wall Street…

Trump Media merger partner DWAC settles with SEC over fraud charges

WASHINGTON — The Securities and Exchange Commission announced Thursday that it had settled fraud charges with Digital World Acquisition Corp.,…

The White House plan to sell Bidenomics: Hit the road, ignore the polls

President Joe Biden on Thursday toured a revitalized shipyard in Philadelphia, where he made the argument that is increasingly dominating…

Federal Reserve officially launches new FedNow instant-payments service

The Federal Reserve launched its FedNow instant-payments service Thursday, following several years of developing a system officials say will allow…

New York woman sentenced in ‘catfish’ extortion bid of CEO

A New York woman was sentenced to time already served in jail for cyberstalking in a case where she was…

Junk fees, medical debt and artificial intelligence: CFPB chief lays out regulatory agenda

Rohit Chopra has lofty plans for the Consumer Financial Protection Bureau to tackle artificial intelligence threats, medical-debt reporting, exorbitant credit…

Stocks making the biggest moves midday: Netflix, American Airlines, Johnson & Johnson and more

Check out the companies making headlines in midday trading. Netflix — Netflix dropped more than 8% after reporting mixed quarterly results…