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The New York Times Company reported its quarterly results on Tuesday (Wednesday AEST), and the market was surprised to learn it had smashed its digital advertising revenue expectations.

A Coinbase report series highlighting crypto innovation at the state level in the United States has recently published its fourth edition, which features New York. The report highlighted various milestones the state reached regarding crypto adoption. 

After a five-month rally pushed the benchmark S&P 500 and Nasdaq Composite within 5% of their lifetime highs, August has now recorded five losing sessions out of six. The S&P is down 2% this month, with the Nasdaq dropping 3.2%. Tuesday's decline was triggered after the agency cut ratings on 10 small- to mid-sized lenders by one notch and placed six banking giants, including Bank of New York Mellon, U.S.

US bank stocks declined after Moody’s Investors Service lowered its ratings for 10 small and midsize lenders and said it may downgrade major firms including US Bancorp, Bank of New York Mellon Corp, State Street Corp and Truist Financial Corp.

By Dietrich Knauth

New York Film Festival will be held at Lincoln Center from September 29 to October 15. It is not only a film festival or screening of films, but it has emerged as a cultural event attended by filmmakers, film lovers, writers, intellectuals and the public. It will also hold red-carpet events, question and answer series, discussions, press meet, and other related events.

By Gertrude Chavez-Dreyfuss and Samuel Indyk

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market

Rhea Bakshi, a 17-year-old economics class 12 student, won the best student film prize for her debut documentary, 'India's Treasures' at the New York International Film Awards. It was the only Indian film to receive a prize for being a finalist.

By Dan Burns

By Akash Sriram

By Bansari Mayur Kamdar and Johann M Cherian

Philadelphia Federal Reserve President Patrick Harker on Tuesday indicated that the central bank could be at the end of its current rate-hiking cycle.

Moody’s Investors Service lowered credit ratings for 10 small and mid-size United States banks and said it may downgrade major lenders including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial Corp. as part of a sweeping look at mounting pressures on the industry.

Redfin CEO Glenn Kelman says it's hard to fault the Fed for overdoing rate hikes when there are other persistent sources of inflation.

Oscar for best director for «The French Connection,» Friedkin's legacy remains imprinted on Hollywood's cinematic history. His films solidified his reputation as a director unafraid to tackle intense subjects. Friedkin's impactful career spanned decades, highlighted by his unflinching portrayal of New York City police Detective James «Popeye» Doyle's pursuit of a drug kingpin in «The French Connection.» The film's heart-pounding chase scene and visceral storytelling captivated audiences and critics alike, earning it multiple Academy Awards. «The Exorcist,» another landmark in Friedkin's filmography, delved into the supernatural, chronicling the terrifying possession of a young girl. The movie's haunting visuals and gripping performances resonated with viewers, etching it as one of the most chilling horror films of its time.

Anurag Thakur on Tuesday sharpened his attack against the alleged Chinese funding to the Congress and Indian news portal NewsClick and targeted Congress leader Rahul Gandhi. «All I would like to say Congress ka haath 'NewsClick' ke saath, 'NewsClick' ke upar China ka haath. Rahul Gandhi should apologise to the nation and say how did Rajiv Gandhi Foundation take money from China and where did it use this,» Thakur told reporters before heading to the BJP Parliamentary Party meeting this morning.

The Economic Times, numerous workplaces in both Chennai, his hometown, and Bengaluru have declared August 10th as a day off for employees. As per the report, the film's previews have generated significant anticipation, contributing to the buzz surrounding 'Jailer.' The excitement for Superstar Rajinikanth has even extended to Times Square in New York City. The highly awaited 'Jailer' is anticipated to commandeer more than 90% of screens in its home state on its debut day, potentially achieving a historic opening for Rajinikanth.

A freight train has derailed in upstate New York, disrupting Amtrak service and prompting authorities to close roads in the area

Elon Musk says his potential in-person fight with Mark Zuckerberg would be streamed live on his social media site X, formerly known as Twitter

Rajinikanth starrer 'Jailer' on August 10. While Fans are eagerly waiting for it, Dhanush, a big Rajinikanth fan himself, couldn't contain his excitement for the film on Monday. Taking to his official Twitter handle, the 40-year-old actor wrote, «It’s JAILER week,» along with some emojis. The tweet gained a lot of attention along with several thousand likes and retweets on the micro-blogging platform. Dhanush has been a long-time fan of Rajinikanth. In November 2004, he married the superstar's daughter Aishwarya. However, after 18 years of marriage, the couple divorced for reasons undisclosed by them.