FTX top engineer testifies Bankman-Fried spent $1.13 billion on celebrities and sponsorships
Nishad Singh, FTX's former engineering head, testified Monday about what he said was Sam Bankman-Fried's "excessive" spending.
CNBC US News
Former FTX engineer tells jury about panicky rooftop meeting where he learned how bad things were
Nishad Singh, FTX's former engineering head, testified about a private meeting he had with Sam Bankman-Fried regarding the company's dire financial situation.
Watch now: ETF Edge with Cathie Wood on getting closer than ever to a spot Bitcoin fund
Jim Jordan's House Speaker bid gains momentum as Biden warns of 'dangerous' leadership vacuum in Congress
The House is unable to move forward with Biden's request for security assistance for Israel and Ukraine until the chamber elects a new speaker.
Trump hit with partial gag order in DC elections case, barred from publicly targeting Jack Smith, potential witnesses
Attorneys for Trump argued that limiting his out-of-court statements would undermine his First Amendment rights and his 2024 presidential campaign.
Amid financial stress, workers are asking for emergency savings accounts as a job benefit, survey finds
Employers are taking notice of employees' financial concerns beyond traditional retirement savings and are expanding their benefit offerings in response.
Rite Aid files for bankruptcy amid slowing sales, opioid litigation
Drugstore chain Rite Aid filed for bankruptcy as it faces a mounting debt pile, slowing sales and lawsuits alleging it oversupplied painkillers.
Meta's unique approach to developing AI puzzles Wall Street, but techies love it
Meta's AI push, driven by its Llama large language model, takes a page out of the open source playbook
Space sector investors followed government contracts in the third quarter, report says
Investment in the space sector is consistently flowing to companies that are pursuing and winning government contracts, according to a Space Capital report.
Microsoft-owned LinkedIn lays off nearly 700 employees — read the memo here
Revenue growth at Microsoft's business social network has slowed as advertisers pull back in an uncertain economy.
'A very unique battle': How geography could shape Israel's expected ground offensive in Gaza
Ahead of Israel's expected ground offensive, one military geography specialist outlines how the geography of the Gaza Strip could influence any fighting.
More high schoolers try this college savings strategy: It's like getting two years free, says expert
Through dual enrollment, students can complete an associate's degree by the time they finish high school, cutting their college costs significantly.
Halloween is candy's biggest holiday. Here's how Snickers maker Mars prepares for trick-or-treaters
The National Retail Federation predicts consumers will spend $3.6 billion on Halloween candy this year.
Australia fines X, formerly Twitter, for not answering questions on child abuse content
The social media platform has 28 days to respond to or pay the fine of 610,500 Australian dollars.
Iran-backed Hezbollah joining Israel-Hamas conflict would be a 'game changer,' Middle East expert says
With an Israeli ground incursion potentially imminent in the north of the Gaza Strip, the conflict could grow to involve other regional actors, analysts say.
How Israel's tech community is responding to the Israel-Hamas war
Amid the war, much of Israel's tech community is still finding a way to push forward, according to a handful of tech community members CNBC spoke with.
Meta says it's stepping up misinformation enforcement during Israel-Hamas war
Meta created a special operations center with experts fluent in Hebrew and Arabic.
Billboards in Israel were briefly hacked to display pro-Hamas messages as cyberwar ramps up
Cybersecurity threats in Israel are mounting amid the Israel-Hamas war.
Europe is investigating Elon Musk's X about Israel-Hamas misinformation, violence on the app
The European Commission is investigating whether X is complying with the Digital Services Act for its handling of Israel-Hamas war misinformation and violence.
Some of the nation's top colleges are eliminating student loans
More colleges are promising to eliminate student loans altogether from their financial aid packages.
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