FTX founder Sam-Bankman-Fried convicted of defrauding cryptocurrency customers

FTX founder  Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry - a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president - hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion. 

Fed leaves rates unchanged, open to possible future hike

The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahea