FTX founder Sam Bankman-Fried was arrested on Monday in the Bahamas. He could face a lengthy prison sentence.
U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange and took a near 4% stake in the U.K. bourse operator.
Oracle reported better-than-expected results in the fiscal second quarter, as cloud infrastructure revenue jumped.
Copper — traditionally seen as a leading indicator of economic health because of its use in many sectors — has unsurprisingly had a rough year. Yet analysts expect a resurgence in 2023.
Consumer inflation likely cooled in November, but prices continue to rise at a still high rate, particularly for services.
Rivian said it remains open to exploring future work with Mercedes-Benz “at a more appropriate time.”
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