Michael Kives, a former Hollywood agent, connected FTX’s founder to Katy Perry, Orlando Bloom, Bill Clinton and others. His firm got $700 million in exchange, a lawsuit claims.

Shares in Siemens Energy plunged by a third after it said turbine components are degrading faster than expected.

The amount of solar energy generated in Texas has grown exponentially. Some Republicans question the state’s increasing reliance on renewable power.

Treasury secretary said she doesn’t see a huge threat, but comments show regulators bracing for turbulence.

Treasury secretary said she doesn’t see a huge threat, but comments show regulators bracing for turbulence.

At the moment, money market funds and many bonds are not only less risky, but at current interest rates, they are compelling.

Even Italy, previously one of the most pro-China Western economies, is taking a more skeptical approach. But that comes with its own risks.

Some families can prepay and avoid years of tuition increases.

Investors this week appeared more cautious, ending a long streak of market gains that followed the Fed’s pause in interest rate increases.

Consumers are splurging on expensive but fun experiences, from nights out to concerts — and that may force central banks to keep raising rates.