Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud
CNN
Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud.
President Donald Trump is blaming his predecessor Joe Biden for the affordability crisis that is roiling the US economy – and politics.
There are signs steeper US tariffs, introduced by US President Donald Trump, are feeding through to higher prices for Americans. But they are also inflicting pain beyond US borders. We look at examples from around the world.
Just a year ago, Chinese manufacturers, fearing a new trade war, rushed to push out exports following the election victory of President Donald Trump, who had pledged to slap punishing tariffs on imports from China over America’s widening trade deficit with the country.
President Donald Trump has a few tried-and-true rhetorical strategies. He invokes what “many people are saying” when he needs to make an unsubstantiated claim. He riffs on nicknames for his political enemies. And he repeats a talking point relentlessly, hoping it’ll stick in people’s minds.
Paramount and Netflix are in a vicious tug-of-war over Warner Bros. Discovery.
The Fed is expected to cut interest rates Wednesday by a quarter point, lowering borrowing costs for the third time this year to support a weakening labor market. Follow for live news updates.
A new pro-AI network of political action committees is releasing its first candidate ads in the 2026 midterms, as the debate around artificial intelligence ramps up ahead of the elections.
The Federal Reserve on Wednesday is set to lower borrowing costs again, even as stark divisions persist within the central bank’s powerful rate-setting committee.
A new problem is threatening to worsen the affordability squeeze this winter: Natural gas prices have raced back up just as extreme cold forces Americans to crank up the heat.
The author and philanthropist MacKenzie Scott revealed $7.1 billion in donations to nonprofits in 2025 Tuesday, marking a significant increase in her annual giving from recent years.
The future of Hollywood depends in part on a battle between two Davids: Zaslav, who has agreed to sell Warner Bros. and HBO to Netflix; and Ellison, who has opposed the sale and launched a hostile takeover bid.
Nearly a third of US teenagers say they use AI chatbots daily, a new study finds, shedding light on how young people are embracing a technology that’s raised critical safety concerns around mental health impacts and exposure to mature content for kids.
Most Americans agree: This economy stinks.