How the UK ended up facing a currency crisis

The United Kingdom had barely emerged from a 10-day period of mourning for the Queen before it was staring down the barrel of a currency crisis last week, as the pound plunged to record lows. There are now predictions the country faces even sharper interest rate rises, and the Bank of England has stepped in […]

Why ‘Strong Buy’ Big Dividend Energy Stocks Could Have a Massive Q4 Rally

While everyone across the nation is cheering lower gasoline prices, it is important to remember that the flood of oil from the United States Strategic Petroleum Reserve (SPR) will soon end, after the president has drawn down the emergency use stash to its lowest level since 1984. The irony is that the SPR is supposed […]

Ford asks for new trial after $1.7 billion jury verdict in truck rollover lawsuit

video Ford CEO Jim Farely explains what drove the automaker’s investment in ICE vehicles FOX Business correspondent Grady Trimble speaks to Ford CEO Jim Farley about the evolution of the company’s electric vehicle and ICE businesses. Ford Motor Co. is asking a Georgia court for a new trial, after a jury reached a $1.7 billion […]

DOJ, SEC charge three men with securities fraud for scheme involving New Jersey deli

video FOX Business Flash top headlines for September 26 Check out what’s clicking on FoxBusiness.com A father-son duo and their long-time friend are facing charges of securities fraud for allegedly conspiring to enrich themselves by manipulating the stock prices of two public companies.  According to a complaint filed by the Department of Justice, Peter Coker […]

Investors Pulling Out of Trump SPAC Deal

Digital World Acquisition Corp. (NASDAQ: DWAC) reported Friday that the special purpose acquisition company (SPAC) had received notice from an unspecified number of investors demanding the return of their investment in Digital World. The company had struck a deal with former Trump Media and Technology Group, the former president’s then-new media company, to take the […]

Majority of Board Members of Crypto Exchanges Must be Citizens: Indonesia\u2019s New Rules

Indonesia is tightening regulations for crypto exchanges in a move that will provide more control to the local citizens. In its revisions, the government said at least two-thirds of executives on crypto exchanges must be Indonesian residents, among other things. Indonesia to Tighten Regulations for Crypto Exchanges Following Terraform Labs and Zipmex Collapses The Indonesian […]

Twitter to depose Elon Musk on Sept. 26, 27

video Twitter was warned by FBI that it employed Chinese spy Competitive Enterprise Institute’s Jessica Melugin explains the security concerns associated with large social media companies like Twitter, TikTok, and Meta  Elon Musk will be deposed on Sept. 26 and 27 as part of Twitter's lawsuit seeking to force the Tesla chief executive to follow […]

FOMC meeting begins, housing report release and more: Tuesday's 5 things to know

video FOX Business Flash top headlines for September 19 Check out what’s clicking on FoxBusiness.com Here are the key events taking place on Tuesday that could impact trading. FED RELIEF IN 2024?: The Federal Reserve is unlikely to pivot and cut its benchmark interest rate until 2024 at the soonest as it tries to crush the […]

Why the $1M Campaign to Change Bitcoin\u2019s Code Will Likely Bear No Fruit

Greenpeace and the Environmental Working Group to increase their existing attack on Bitcoin on the heel of Ethereum’s transition to proof-of-stake (POS). Following Ethereum’s upgrade to a proof-of-stake (PoS) model, Bitcoin remains the most prominent cryptocurrency using the energy-intensive proof-of-work (PoW) consensus model. Consequently, the environmental activist group announced a new $1 million online ad […]

Gold Futures Settle Sharply Lower

Gold prices fell sharply on Thursday, with rising expectations about an aggressive rate hike by the Fed next week diminishing the commodity’s safe-haven appeal. The Fed is widely expected to deliver a third 75 basis-point rate hike when it meets next week. The dollar’s weakness limited gold’s downside. The dollar index dropped to 109.42 in […]