Skip NavigationKey PointsFTX founder Sam Bankman-Fried was arrested by Bahamian authorities Monday evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, setting the stage for extradition and U.S. trial for the onetime crypto billionaire at the heart of the crypto exchange's collapse.Before his arrest was announced, Bankman-Fried had been expected to testify virtually before the House Financial Services Committee on Tuesday, but his attorneys told CNBC that he will not testify. His arrest is the first concrete...…Skip NavigationKey PointsFTX founder Sam Bankman-Fried was arrested by Bahamian authorities Monday evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, setting the stage for extradition and U.S. trial for the onetime crypto billionaire at the heart of the crypto exchange's collapse.Before his arrest was announced, Bankman-Fried had been expected to testify virtually before the House Financial Services Committee on Tuesday, but his attorneys told CNBC that he will not testify. His arrest is the first concrete...WW…

Key PointsIn this articleIf you experience severe side effects after getting a vaccine, lawyers tell CNBC there is basically no one to blame in a U.S. court of law. The federal government has granted companies like and immunity from liability if something unintentionally goes wrong with their vaccines."It is very rare for a blanket immunity law to be passed," said Rogge Dunn, a Dallas labor and employment attorney. "Pharmaceutical companies typically aren't offered much liability protection under the law."You also can't sue the Food and Drug Administration for authorizing a vaccine for...…Key PointsIn this articleIf you experience severe side effects after getting a vaccine, lawyers tell CNBC there is basically no one to blame in a U.S. court of law. The federal government has granted companies like and immunity from liability if something unintentionally goes wrong with their vaccines."It is very rare for a blanket immunity law to be passed," said Rogge Dunn, a Dallas labor and employment attorney. "Pharmaceutical companies typically aren't offered much liability protection under the law."You also can't sue the Food and Drug Administration for authorizing a vaccine for...WW…

In this articleCNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Phil LeBeau breaks down the FAA's unusually strict move to immediately launch legal enforcement action against all disruptive airline passengers in the wake of the Capitol riots. Plus, as Petco and Poshmark debut on the public market, CNBC's Leslie Picker highlights the historically high IPO deal volume in the opening weeks of 2021.Two key House Democrats on Monday urged the Federal Aviation Administration to crack down on unruly travelers and ensure that participants in...…In this articleCNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Phil LeBeau breaks down the FAA's unusually strict move to immediately launch legal enforcement action against all disruptive airline passengers in the wake of the Capitol riots. Plus, as Petco and Poshmark debut on the public market, CNBC's Leslie Picker highlights the historically high IPO deal volume in the opening weeks of 2021.Two key House Democrats on Monday urged the Federal Aviation Administration to crack down on unruly travelers and ensure that participants in...WW…

In this articleCNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. In the wake of last week's deadly riots in the Capitol, CNBC's Kate Rooney explains how the backlash from payment processors like Stripe, PayPal, and Shopify could be more impactful for Trump than the ban from the social platforms. Also on today's show, CNBC.com finance editor Jeff Cox explains the rapid rise in interest rates so far this year, and why investors should be paying attention.Stripe, which processes online payments for President Donald Trump's campaign, cut ties with him for violating...…In this articleCNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. In the wake of last week's deadly riots in the Capitol, CNBC's Kate Rooney explains how the backlash from payment processors like Stripe, PayPal, and Shopify could be more impactful for Trump than the ban from the social platforms. Also on today's show, CNBC.com finance editor Jeff Cox explains the rapid rise in interest rates so far this year, and why investors should be paying attention.Stripe, which processes online payments for President Donald Trump's campaign, cut ties with him for violating...WW…

Key PointsIn this articleThe country's first Covid vaccine could be authorized for emergency use as soon as Thursday. If and get the green light, distribution is set to begin within days.But as difficult as the research, development and distribution stages have been, some experts argue the hardest part of fighting the virus is actually what comes next: convincing the U.S. population to take the vaccine.Roughly four in ten Americans say they would "definitely" or "probably" not get a vaccine, according to a recent survey by the . While this is higher than it was two months ago, to achieve...…Key PointsIn this articleThe country's first Covid vaccine could be authorized for emergency use as soon as Thursday. If and get the green light, distribution is set to begin within days.But as difficult as the research, development and distribution stages have been, some experts argue the hardest part of fighting the virus is actually what comes next: convincing the U.S. population to take the vaccine.Roughly four in ten Americans say they would "definitely" or "probably" not get a vaccine, according to a recent survey by the . While this is higher than it was two months ago, to achieve...WW…

Key PointsFive stimulus benefits set to expire at the end of 2020Congress is in eleventh hour talks to green light a second round of stimulus checks for U.S. households. If they do, cash payments could reach many Americans within weeks.Yes, hopes for fresh pandemic aid have been dashed before, but this time really does look to be different. Lawmakers are trying to tie the stimulus package to a federal spending bill that must pass by midnight Sunday, in order to avoid a government shutdown.If Capitol Hill leaders manage to strike a deal to pass the new pandemic aid bill,...…Key PointsFive stimulus benefits set to expire at the end of 2020Congress is in eleventh hour talks to green light a second round of stimulus checks for U.S. households. If they do, cash payments could reach many Americans within weeks.Yes, hopes for fresh pandemic aid have been dashed before, but this time really does look to be different. Lawmakers are trying to tie the stimulus package to a federal spending bill that must pass by midnight Sunday, in order to avoid a government shutdown.If Capitol Hill leaders manage to strike a deal to pass the new pandemic aid bill,...WW…

Business News and FinanceVIEW IN APPKEY POINTS In this articleIf you experience severe side effects after getting a vaccine, lawyers tell CNBC there is basically no one to blame in a U.S. court of law. The federal government has granted companies like and immunity from liability if something unintentionally goes wrong with their vaccines."It is very rare for a blanket immunity law to be passed," said Rogge Dunn, a Dallas labor and employment attorney. "Pharmaceutical companies typically aren't offered much liability protection under the law."You also can't sue the Food and...…Business News and FinanceVIEW IN APPKEY POINTS In this articleIf you experience severe side effects after getting a vaccine, lawyers tell CNBC there is basically no one to blame in a U.S. court of law. The federal government has granted companies like and immunity from liability if something unintentionally goes wrong with their vaccines."It is very rare for a blanket immunity law to be passed," said Rogge Dunn, a Dallas labor and employment attorney. "Pharmaceutical companies typically aren't offered much liability protection under the law."You also can't sue the Food and...WW…

Universal Social Security coverage has been  Giving everyone who's eligible the exact same check every month regardless of how much they made throughout their working career would be a pretty big departure from the way things work now. The average retired worker receives about from Social Security, and the maximum benefit for someone at full retirement age is . Benefits are based on your income, the year you were born and the age you decide to start taking money out. This means higher income workers receive more in benefits than lower income workers. However, those...…Universal Social Security coverage has been  Giving everyone who's eligible the exact same check every month regardless of how much they made throughout their working career would be a pretty big departure from the way things work now. The average retired worker receives about from Social Security, and the maximum benefit for someone at full retirement age is . Benefits are based on your income, the year you were born and the age you decide to start taking money out. This means higher income workers receive more in benefits than lower income workers. However, those...WW…

In this articleCNBC.com's MacKenzie Sigalos brings you the top business news headlines. On today's show, CNBC's Seema Mody breaks down corporate America's massive wave of layoffs, and explains why more could be coming as large industries and small businesses alike wait for a relief package from Washington. Plus, University of Miami law professor and former Department of Justice antitrust attorney John Newman dives into the House of Representatives' 450-page report on the Apple, Google, Amazon, and Facebook.First-time claims for unemployment benefits totaled 840,000 last week, higher than...…In this articleCNBC.com's MacKenzie Sigalos brings you the top business news headlines. On today's show, CNBC's Seema Mody breaks down corporate America's massive wave of layoffs, and explains why more could be coming as large industries and small businesses alike wait for a relief package from Washington. Plus, University of Miami law professor and former Department of Justice antitrust attorney John Newman dives into the House of Representatives' 450-page report on the Apple, Google, Amazon, and Facebook.First-time claims for unemployment benefits totaled 840,000 last week, higher than...WW…