Business

Florida man arrested over alleged 8M crypto Ponzi scheme

A Florida man was arrested on federal charges related to an alleged cryptocurrency “Ponzi scheme” that defrauded investors of at least $328 million. The U.S. Attorney’s Office for the Middle District of Florida said in a release Tuesday that Christopher Alexander Delgado, a 34-year-old from Apopka, Florida, was arrested on wire fraud…

Ford recalls over 4.3 million vehicles over software issue

Ford is recalling more than 4.3 million pickup trucks and SUVs due to a software issue that could cause trailer brakes not to function. The recall affects certain model year 2021 through 2026 F-150s, 2022-2026 Super Duty trucks, 2024-2026 Rangers, 2022-2026 Expeditions, Mavericks, Lincoln Navigators and 2026 Transit vehicles.When towing…

Mortgage rates fall below 6% for first time since 2022

close video Mortgage rates fell below 6% this week for the first time in three and a half years, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 5.98% from last week’s…

Waymo to bring driverless cars to Chicago, eyes Midwest expansion

Waymo is expanding into Chicago as it works to scale its autonomous ride-hailing business beyond its existing markets and establish a foothold in the Midwest. The Alphabet-owned company said Wednesday it has begun “laying the early groundwork” for operations in the city, starting with mapping and manual vehicle testing –…