City New York Financial News

A New York judge has imposed a limited gag order with a stern warning after Donald Trump disparaged a key court staffer during his civil business fraud trial

A nine-year-old girl abducted during a family camping trip in upstate New York was found “safe and in good health” Monday night after investigators lifted a fingerprint from a ransom note dropped off at the family’s home, police said.

Investing.com — US crude oil stockpiles possibly fell as much as 4.0 million barrels last week while inventories of gasoline likely rose by an almost similar level of 3.9 million, as refiners appeared to maximize fuel production due to lucrative returns, petroleum trade group API reported Tuesday.

Digital personal financial services company SoFi Technologies (SOFI) has reached an agreement with a company founded by Tiger Woods and Rory McIlroy to be the presenting sponsor of a new team golf league, in a deal that includes naming rights for an arena in Florida.

With no winner announced on Saturday, Monday night's Powerball jackpot amounts to a whopping $1.04 billion.

A New York court has set the criminal trial for former Celsius Network CEO Alex Mashinsky to begin on Sept. 17, 2024.

The criminal trial of former FTX CEO Sam Bankman-Fried (SBF) is currently underway in New York, and his legal team has filed motions aiming to ban testimony from users and investors in the exchange.

Donald Trump’s business fraud trial in New York will move on Tuesday to the more plodding task of going through years of his financial documents in what’s expected to be a weekslong fight over whether they constitute proof of fraud.An accountant who prepared Trump’s financial statements for years is expected to be back on the witness stand for a second day.Trump, who spent a full day Monday as an angry spectator at the civil trial, said he’ll be back at the defense table.“See you in Court on Tuesday morning!” Trump posted on his Truth Social platform.The trial is the culmination of a lawsuit in which New York Attorney General Letitia James, a Democrat, has accused the Republican former president of deceiving banks, insurers and others for years by giving them papers that misstated the value of his assets.Judge Arthur Engoron delivered an early victory to James last week, ruling that Trump committed fraud by exaggerating the size of his penthouse at Trump Tower, claiming his Mar-a-Lago estate in Florida was worth as much as $739 million and putting similar oversized valuations on office towers, golf courses and other assets.The non-jury trial concerns six remaining claims in the lawsuit and how much Trump might owe in penalties. James is seeking $250 million and a ban on Trump doing business in New York.

Over the past 12 months, some investors learned the hard way why they needed to move their crypto offline. Those who kept Bitcoin (BTC) and altcoins on crypto exchanges like FTX lost control of their assets, sometimes forever. Events drew a red line under the storied crypto adage: “Not your keys, not your coins.” 

By Jody Godoy and Luc Cohen

By Jack Queen

Investing.com — No market operates in a vacuum — including oil, no matter what the proponents of higher crude prices think.

A New York company plans to build an offshore wind energy project 42 miles off New Jersey

Reuters reported. Testimony in the Manhattan courtroom began following opening statements, with Donald Bender, a partner at Mazars USA and longtime accountant for Trump's businesses, as the state's first witness. Speaking to media persons, Trump said that the case was a “scam", a “sham", and a “political vendetta" by James, and during a lunch break called the Democrat "a corrupt person, a terrible person.

Donald Trump attacked New York's attorney general and the judge overseeing his civil fraud trial as it began on Monday, with a state lawyer accusing the former president of generating more than $100 million by lying about his real estate empire. Attorney General Letitia James is seeking at least $250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization. Testimony in the Manhattan courtroom began following opening statements, with Donald Bender, a partner at Mazars USA and longtime accountant for Trump's businesses, as the state's first witness. Trump told reporters before the trial began that the case was a «scam,» a «sham» and a political vendetta by James, and during a lunch break called the Democrat «a corrupt person, a terrible person. Driving people out of New York.» He was equally unsparing of the judge, Arthur Engoron, calling him a partisan Democrat who is using the case to interfere with the 2024 presidential election, where Trump holds a big lead for the Republican nomination. «This is a judge that should be disbarred,» Trump told reporters.

Trump has claimed that the civil fraud trial in New York, which began on Monday, is a political attack against him and has taken him «off the campaign trail», CNN reported. He expressed his frustration about not being able to campaign in Iowa, New Hampshire, South Carolina, and other places due to his courtroom presence. «This was for politics. It has been very successful for them — they took me off the campaign trail,» Trump said as he exited the courtroom after the court was wrapped for the day, CNN reported.

Julia Roberts and Ethan Hawke play Amanda and Clay Sandford in Netflix's new movie "Leave the World Behind."

A New York company plans to build an offshore wind energy project 42 miles off New Jersey

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer

(Reuters) — Donald Trump said he will appear in a New York court on Monday at the beginning of a civil fraud trial in which the former president will face what he said was a «sham» accusation that he fraudulently inflated the value of properties and other assets.

Former President Donald Trump says he'll make a rare, voluntary trip to court in New York for the start of a civil trial in a lawsuit that's already resulted in a judge ruling he committed fraud in his business dealings