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Sam Bankman-Fried files formal request for Trump pardon

Combination showing Former FTX CEO, Sam Bankman-Fried (L) and President Donald J. Trump. Reuters | Getty Images Sam Bankman-Fried has formally submitted a request for a presidential pardon to President Donald Trump, according to information listed on the U.S. Department of Justice Office of the Pardon Attorney website. The co-founder of the now defunct FTX...
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Judge blocks Trump’s $100,000 H-1B visa fee

President Donald Trump speaks before signing executive orders in the Oval Office at the White House on September 19, 2025 in Washington, DC. Andrew Harnik | Getty Images A federal judge on Monday vacated President Donald Trump‘s policy imposing a $100,000 fee for employers’ H-1B visa applications. The visa payment policy violated the federal Administrative...
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US stock markets today (June 8, 2026): AI stocks rebound push Wall Street into recovery mode, oil prices retreat from overnight highs

Wall Street recovered some ground on Monday as technology and semiconductor stocks linked to the artificial intelligence (AI) boom bounced back from Friday’s sharp sell-off while oil prices eased from overnight peaks despite continued tensions between Israel and Iran.The S&P 500 rose 0.7% after suffering its worst daily decline since October on Friday. The Dow...
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Silicon Valley’s new buyout playbook is hitting Wall Street

Venture capital is buying its way into the artificial intelligence transformation that enterprise software hasn’t delivered. Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside. The bet puts VCs on offense and leaves traditional private equity, which spent the last cycle buying...
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