City Manhattan Financial News

South Korea’s 16% stock plunge this past week. In the U.S., any inflation uptick could deprive investors of more interest-rate cuts. Or perhaps worse, the Federal Reserve could cut rates later this year, and depending on the circumstances, be judged by the bond market as giving President Donald Trump what he wants, but not necessarily giving the economy what it needs.A quick and tidy exit in Iran is no sure thing.

Subscribe to enjoy similar stories. BlackRock went all in on Wall Street’s booming business of private lending last July when it acquired HPS Investment Partners, a firm founded by alumni of Goldman Sachs that was one of the stars of the sector. Days after the deal closed, an analyst at HPS’s Midtown Manhattan headquarters spotted a big problem.

Subscribe to enjoy similar stories. It was America’s day of giving thanks, and China was having a moment. A giant float with fang-baring toy monsters was trundling through Manhattan for the Macy’s Thanksgiving Day Parade, as crowds of onlookers whipped out their phones to capture the looming 16-foot balloons—Chinese soft-power icons starring in one of America’s biggest cultural events.

Protesters voiced anger over a range of issues: mass layoffs in the federal workforce, abortion restrictions, trade tariffs, and the gutting of public services. From Anchorage to Atlanta, demonstrators held signs warning of rising authoritarianism and falling living standards. “This outrageous administration is causing us to lose our allies across the world, and causing devastation to people here at home,” said Diane Kolifrath, 64, who travelled with 100 others from New Hampshire to protest in Washington. “They’re gutting our government.”

Subscribe to enjoy similar stories. True Religion’s distinctive, $400 jeans were everywhere in 2005: in paparazzi shots of early reality stars Paris Hilton and Jessica Simpson, lyrics of “My Humps" by the Black Eyed Peas, the windows of a new flagship store in Manhattan Beach, Calif., and billboard and magazine campaigns featuring blonde, tanned and toned models standing in wild prairies. Twenty years and two bankruptcies later, True Religion and its ads look very different.

Supreme Court on Wednesday upheld a Biden administration regulation on the nearly impossible-to-trace weapons called ghost guns, clearing the way for serial numbers, background checks and age verification requirements to buy them in kits online. Ghost guns were found at crime scenes in soaring numbers across the US before the regulation went into place, rising from fewer than 1,700 recovered by law enforcement in 2017 to more than 27,000 in 2023, according to Justice Department data. Since the federal rule was finalised, ghost gun numbers have flattened out or declined in several major cities, including New York, Los Angeles, Philadelphia and Baltimore, according to court documents. Manufacturing of miscellaneous gun parts also dropped 36 per cent overall, the Justice Department has said. Ghost guns are any privately made firearms without the serial numbers that allow police to trace weapons used in crime. The 2022 regulation was focused on kits sold online with everything needed to build a functioning firearm — sometimes in less than 30 minutes, according to court documents. ALSO READ: 'Elon, I want to thank you': Trump makes it official, makes big statement amid Tesla Takedown protests Ghost guns have been used in high-profile crimes, including a mass shooting carried out with an AR-15-style ghost gun in Philadelphia that left five people dead. Police believe a ghost gun used in the slaying of UnitedHealthcare's CEO in Manhattan was made on a 3D printer rather than assembled from a kit.

Tiger Woods and Vanessa Trump have officially confirmed their relationship on Instagram. Rumors had been circulating about their relationship for weeks. The confirmation came after they were seen together at multiple events.

The hearing, scheduled for 2 p.m. EDT (1800 GMT) in Manhattan federal court before U.S. District Judge Arun Subramanian, will require Combs, 55, to respond to the revised indictment. The trial date remains set for May 5. Previously, Combs entered a not guilty plea to charges including racketeering conspiracy, sex trafficking and transportation for prostitution purposes. The updated indictment, whilst not introducing additional charges, details what prosecutors describe as «forced labour» linked to the racketeering conspiracy. Prosecutors allege that Combs and associates exercised control over employees through extended work hours, minimal rest, and threats of physical, financial, psychological and reputational harm.

Chappell Roan, with assistance from famous figure Elton John, turned West Hollywood Park into the "Pink Pony Club" for an energetic and exciting performance. This happened during the 33rd annual Elton John AIDS Foundation Academy Awards viewing party, an event where people gathered to watch the Oscars and raise awareness for the charity. John just arrived from the Oscars and introduced Roan from his table in the centre of the ballroom. Following an introduction and thank you from Elton John himself, Roan, also known as “Midwest Princess”, kicked off her hour-long set with the rousing “Femininomenon”, followed by “Naked in Manhattan”.

Schiff sat at her kitchen table, trying to explain how she went from being one of the world's most celebrated art advisers to a high-society pariah and a felon.

Subscribe to enjoy similar stories. The day after President Trump survived an assassination attempt in Pennsylvania last summer, he received a call from a familiar French voice. It was Bernard Arnault, owner of the globe-spanning luxury empire LVMH.

A blast of extreme cold is poised to descend on the central United States this weekend before spreading to New York and the rest of the East Coast, testing power grids and threatening to break temperature records.

South Korean cryptocurrency mogul Do Kwon has pleaded not guilty to a freshly unsealed indictment released in time for his first U.S. court appearance

Donald Trump when a jury found the U.S. president-elect liable for sexually abusing and later defaming the former magazine columnist.

James made his Christmas debut in 2003. Victor Wembanyama was born 10 days later.

NYPD precinct in Manhattan. Authorities responded swiftly to assess potential threats.

The suspect in the killing of UnitedHealthcare’s CEO has added a prominent defense lawyer to his legal team as Manhattan prosecutors work to return him from Pennsylvania to face a murder charge