Fed raises key interest rate by half a point, signals more to come

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.

Fed expected to raise interest rate one-half point
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Another rate hike is expected to be announced Wednesday afternoon. LiveNOW from FOX's Josh Breslow spoke with Greg McBride at Bankrate.com to explain what the increase means for your wallet.

How FTX downfall could impact future of cryptocurrency
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The downfall of FTX and its founder, Sam Bankman-Fried, has some questioning the future of cryptocurrency. LiveNOW from FOX's Josh Breslow spoke with Associate Professor Guangzhi Shang at Florida State University to answer questions about the ongoing saga.

FTX founder pulled off 'biggest fraud that the U.S., possibly the globe, has ever seen,' legal expert says
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Sam Bankman-Fried was arrested earlier this week in the Bahamas and faces several charges in the U.S. LiveNOW from FOX's Josh Breslow spoke with Louise Abbott at Keystone Law to explain the charges.

Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.

US alleges Bankman-Fried defrauded FTX cryptocurrency customers, investors

Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.

Two California cities top list of metro areas homebuyers are leaving

A new report has listed San Francisco and Los Angeles as the two top U.S. cities in which homebuyers were looking to leave. 

FOX Business breaks down latest on FTX downfall
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FTX founder, Sam Bankman-Fried was arrested Monday in the Bahamas, as additional charges were filed against him Tuesday. LiveNOW from FOX's Josh Breslow spoke with FOX Business' Kelly O'Grady about the latest on the ongoing case.

Asset attorney talks arrest of FTX founder, Sam Bankman-Fried
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FTX founder, Sam Bankman-Fried was arrested in the Bahamas on Monday. LiveNOW from FOX's Josh Breslow spoke with Mark Kornfield, an asset recovery and bankruptcy litigation attorney, about the case.

Most small SUVs flunk updated insurance industry crash tests

Only the Ford Escape and Volvo XC40 got the top “good” rating in this year's testing released Tuesday. The Toyota RAV4 was rated “acceptable," while Audi's Q3, the Nissan Rogue and the Subaru Forester were “marginal.”

FTX founder Sam Bankman-Fried arrested in Bahamas | LiveNOW from FOX
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Sam Bankman-Fried, disgraced founder of the cryptocurrency exchange FTX was arrested in the Bahamas Monday, authorities said. Bahamian authorities said Bankman-Fried?s arrest came after the United States filed charges against him and was likely to request extradition. The U.S. District Court for the Southern District of New York confirmed Bankman-Fried's arrest based on a sealed indictment from the court. FTX filed for bankruptcy on Nov. 11 when the firm ran out of money after the cryptocurrency equivalent of a bank run. Customers tried to withdraw their assets all at once because of growing doubts about the financial strength of the company and its affiliated trading arm, Alameda Research.

Average price of gas plunges to cheapest in over a year

While the White House was quick to point out the latest numbers, AAA says seasonality is the main cause — and not everyone is seeing cheaper gas.

Twitter files, tech layoffs & more FTX fallout | LiveNOW from FOX
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The third installment of Elon Musk's Twitter Files delved into what led to the removal of former President Trump's account. More technology companies implement massive layoffs or hiring freezes and Sam Bankman-Fried responds to Rep. Maxine Waters request to testify in front of Congress. Zain Jaffer, a technology investor, joins LiveNOW from FOX to discuss the latest headlines in technology and give insight on what it could mean for Twitter and cryptocurrency.

Supply chain showing signs of improvement, expert says
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The U.S. supply chain appears to be showing signs of improvement. LiveNOW from FOX's Josh Breslow spoke with Phil Levy, the chief economist at Flexport to break it down.