Donald Trump’s campaign raised more than $250 million after the November 2020 election as part of a purported effort to “Stop the Steal” and combat “election fraud,” but most of the funds were diverted for other purposes, according to the House Jan. 6 committee report.
For all the ink spilled over its horrors, the 2022 stock market will go into the books as an undistinguished one in the history of bad years. For traders who lived through it, though, certain things have made it feel worse than top-line alone numbers justify, a potential impediment to a quick recovery.
Former Alameda Research CEO Caroline Ellison said she and FTX co-founder Sam Bankman-Fried knowingly misled lenders about how much the now-bankrupt trading firm was borrowing from the cryptocurrency exchange.
Oil rallied to a three-week high and clinched a second straight weekly gain after Russia warned it may cut output by as much as 700,000 barrels a day in response to sanctions on the nation’s crude.
There are encouraging signs that next year will be a better one for bond investors following brutal losses in 2022.
The Internal Revenue Service is delaying a requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy, to send tax forms to customers who have transactions of more than $600.
An enormous storm is battering a vast swath of the US and Canada, knocking out power to more than 1.4 million homes and businesses, grounding thousands of flights and dashing hopes for delivery of last-minute holiday gifts.
Florida, which has seen a surge in migrants since the onset of the pandemic, was the state with the fastest-growing population in 2022, taking top spot for the first time since 1957, Census Bureau data show.
Money managers who have avoided the many ups and downs of cryptocurrencies may be feeling relieved for having done so, according to a senior investment strategist at JPMorgan Asset Management.
Winter wheat climbed higher for a fourth straight day as a deep freeze across the US grain belt escalates concern about shrinking crops.
