FOX BusinessNowDisgraced crypto king Sam Bankman-Fried sentenced to 25 yearsverified_publisherFOX Business - Suzanne O'HalloranFTX founder Sam Bankman-Fried was sentenced to 25 years in prison by Judge Lewis A. Kaplan on Thursday. Prosecutors sought a 40- to 50-year sentence for the disgraced crypto king. Bankman-Fried's defense team will appeal the conviction and sentencing. His parents, Barbara and Joseph Bankman-Fried, …
FOX BusinessNowFirst-time buyers need this much to afford a starter homeverified_publisherFOX Business - Daniella GenoveseFirst-time homebuyers have to earn nearly twice as much money to purchase a starter home compared with pre-COVID-19 pandemic times. As of February, first time buyers needed to earn $75,849 annually to afford the typical U.S. starter home, which is nearly $6,000 more than they did a year ago, due to …
FOX Business2 hours agoEV maker slashes prices as it tries to avoid bankruptcyverified_publisherFOX Business - Daniella GenoveseCalifornia-based electric vehicle startup Fisker slashed the prices of some of its vehicles as it fights to avoid bankruptcy after a potential deal with another automaker fell through. The manufacturer's suggested retail price for the 2023 Ocean electric SUV lineup in the U.S., which is equipped …
FOX Business3 hours agoBaltimore bridge collapse spotlights past disasters caused by shipsverified_publisherFOX Business - Aislinn MurphyThe recent collapse of the Francis Scott Key Bridge in Maryland has brought attention to other past instances of bridge incidents stemming from vessel hits. The Francis Scott Key Bridge, which crossed the Patapsco River near Baltimore, sustained a hit from a large container ship early Tuesday …
FOX Business3 hours agoOne injured after Frontier Airlines plane evacuated over ‘strong odor’: reportverified_publisherFOX Business - Greg NormanOne person reportedly has been injured at Charlotte Douglas International Airport after a Frontier Airlines plane was evacuated due to a "strong odor." The incident happened as Flight 1759 was set to depart Wednesday night to Orlando, Florida. "Yesterday evening as Flight 1759 was in the boarding …
FOX Business3 hours ago'Shark Tank' star Barbara Corcoran reveals when housing prices ‘will go through the roof’verified_publisherFOX Business - Kristen AltusOne of America’s most prominent figures of commerce, finance and real estate has unveiled exactly when the housing market may see its next drastic shift. "I can't explain the rates going up or down – that's not my bailiwick. But what I can explain is if rates go down, just another percentage point, …