City New York Financial News
21.08 / 02:57
Waves
Lowe's
Strategy
Bitcoin
Dollar gains intact as China disappoints, traders eye Jackson Hole
Federal Reserve's Jackson Hole symposium for a guide on where rates might settle when the dust of this hiking cycle clears. The dollar made a gain of 0.7% on the euro last week, inched ahead on the yen and surged by more than 1% on the Antipodean currencies as U.S. Treasury yields leapt in anticipation of interest rates staying higher for longer.
20.08 / 15:13
Williams
Career
awards
Actor
show
stage
Emmy Award-winning actor Ron Cephas-Jones passes away – A look at his career
Ron Cephas-Jones passed away on August 19 at the age of 66. Popular for his role in the NBC television series This Is Us, he had two Emmy Awards wins to his credit as well as a Tony Award nomination. However, he was more prolific as a stage actor, being seen in several William Shakespeare play adaptations. Ron Cephas-Jones is the father of original Broadway ‘Hamilton’ actor Jasmine Cephas-Jones.
20.08 / 05:27
Citi
Manufacturing
Fighting
shootings
Battlefield
show
stage
rights
Are forced-reset triggers illegal machine guns? ATF and gun rights advocates at odds in court fights
Another rapid-fire gun device that is worrying federal government officials is being put to the test in lawsuits in New York City and Texas
20.08 / 03:43
UPS
Citi
BLOCK
Progressive
Waters
New York governor blocks discharge of radioactive water into Hudson River from closed nuclear plant
A measure to block discharges of radioactive water into the Hudson River as part of the Indian Point nuclear plant’s decommissioning has been signed into law by New York Gov. Kathy Hochul
20.08 / 03:43
COST
Provident
CEO
performer
country
Future
WeWork's future: What to know after the company sounds the alarm on its ability to stay in business
WeWork said last week there was “substantial doubt” about its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company
19.08 / 15:44
UPS
Citi
BLOCK
Progressive
Waters
New York governor blocks discharge of radioactive water into Hudson River from closed nuclear plant
A measure to block discharges of radioactive water into the Hudson River as part of the Indian Point nuclear plant’s decommissioning has been signed into law by New York Gov. Kathy Hochul
19.08 / 15:43
Citi
BLOCK
US court
NOT
China's Evergrande says it is asking for US court to approve debt plan, not filing for bankruptcy
A giant Chinese real estate developer that is struggling to avoid defaulting on $340 billion in debt says it is asking a U.S. court to approve a restructuring plan for foreign bondholders and denied what it said were news reports suggesting it filed fo...
19.08 / 15:43
COST
UPS
Citi
Booking
Airlines
American Airlines
American Airlines sues a travel site to crack down on consumers who use this trick to save money
American Airlines is trying to crack down on a travel hack
19.08 / 15:43
NYSE
WeWork, maneuvering to maintain NYSE listing, moves ahead with 1-for-40 reverse stock split
The NYSE issued a notice to the workspace-sharing company in the spring after shares closed below an average of $1 over a 30-day trading span
19.08 / 15:43
COST
Provident
CEO
performer
country
Future
WeWork's future: What to know after the company sounds the alarm on its ability to stay in business
WeWork said last week there was “substantial doubt” about its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company
19.08 / 05:43
IKEA
9-year-old boy with autism goes missing from Brooklyn IKEA, found dead hours later
The body of a nine-year-old boy was found in a waterway in Brooklyn, N.Y., after he disappeared from his family’s side during a trip to a nearby IKEA store on Wednesday.
19.08 / 04:23
UPS
Fox
Fulton
Trump
week
Donald Trump likely to surrender next week in Georgia indictment case: Report
Donald Trump and several allies were indicted in Georgia on Monday, accused of scheming to illegally overturn his 2020 election loss in the state. It's the fourth criminal case to be brought against the former president and the second to allege that he tried to subvert the results of the vote.
18.08 / 20:07
18.08 / 14:21
UPS
NYSE
SoftBank
country
WeWork in last-ditch attempt to save NYSE listing
WeWork the troubled co-working company on the brink of collapse, is moving forward with a 1-for-40 reverse stock split in a bid to save its listing on the New York Stock Exchange.
18.08 / 05:51
Citi
Lowe's
Twitter
cover
Minneapolis advances measure for minimum wage to Uber and Lyft drivers
Minneapolis City Council members have narrowly passed a measure that would establish a minimum wage for Uber and Lyft drivers
17.08 / 15:49
COST
UPS
Target
Platform
show
beautiful
social
Investment scams are everywhere on social media. Here's how to spot one
Social media is full of scammers promising guaranteed returns on investment, and consumers lost $3.8 billion to them last year just in the U.S., according to the Federal Trade Commission
17.08 / 13:49
Target
MET
Actor
love
Stranger Things! Woman in US divorces husband, duped of $10,000 after she fell in love with hit Netflix series 'actor'
divorce her husband and send approximately $10,000 worth of gift cards to an imposter posing as an actor from the popular Netflix series "Stranger Things." The tale unfolds with McKayla, an aspiring filmmaker and single mother residing in Kentucky, who shared that she was trapped in a «highly toxic» marriage. Seeking connections and solace, she turned to an online artist forum, as recounted by the YouTube channel Catfished and reported by the New York Post. One day, she received a message from a user identified as «DK MH,» who introduced himself and expressed interest in conversing. The person claimed to be the «well-known actor» Dacre Montgomery, known for his portrayal of Billy Hargrove on the hit series «Stranger Things.» According to sources cited by the New York Post, this «Montgomery» character consistently bemoaned his relationship troubles to McKayla. He wove a narrative about his girlfriend, Liv Pollock, exercising control over his financial accounts, leading to monetary difficulties. Consequently, McKayla found herself gradually sending him money to help alleviate his purported financial burdens. After a year of private messaging, «Montgomery» asked McKayla to become his girlfriend, despite the fact that they had never met in person. He also emphasized the need for secrecy in their relationship. Through their investigation, authorities uncovered that «Montgomery» was an individual assuming the role of a «Romance Scammer.» This type of scammer creates a false emotional bond with their target, exploiting their vulnerability and emotions to ultimately extract financial gains from them.
17.08 / 12:27
COST
UPS
China's state banks seen selling dollars for yuan in London and New York hours
China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to slow the yuan's depreciation. Though they also trade on their own behalf or to execute clients' orders, state banks often act at the behest of the central bank when the yuan is under pressure, as it is now.
17.08 / 12:23
Reuters
Chinese state-owned banks sell dollars to halt yuan depreciation: Report
foreign exchange markets, according to sources with direct knowledge of the situation, reported Reuters. State banks frequently follow instructions from the central bank when the yuan is under pressure, as it is now, even if they can also trade on their own behalf or to carry out customer orders. "State bank dollar selling has become a new normal to slow the pace of yuan depreciation," said one Shanghai-based trader to Reuters.
17.08 / 02:35
country
Exclusive-China's major state banks sell dollars for yuan in London, NY hours - sources
SHANGHAI (Reuters) — China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to arrest the yuan's rapid losses.
17.08 / 02:17
Citi
Reuters
Platform
Mobile
Apple
ByteDance
TikTok
New York City bans TikTok on govt devices over security concerns: Report
TikTok’ on government-owned devices due to security concerns, joining a number of US cities in it, according to a report published by the news agency Reuters. In an official statement, the administration of New York City Mayor Eric Adams said, “TikTok posed a security threat to the city's technical networks." The agencies are required to remove the application within 30 days and employees will lose access to the app and its website on city-owned devices and networks. The City has already banned TikTok on state-issued mobile devices, Reuters reported.
breaking news about city New York
What is the current situation in city New York?
In city New York, the spotlight is on major events that impact the interests of residents.
Where can I find reliable news about city New York?
We publish reliable reports about the situation in city New York, based on information from regional journalists.
What shapes the media agenda in city New York?
The news landscape of city New York is shaped by the region’s internal dynamics, reflecting its local way of life.