New York Financial News

The Fairshake group, a political action committee (PAC) backed by prominent crypto firms Ripple and Coinbase, has allocated over $2 million towards opposing the incumbent candidate in the Democratic primary for New York’s 16th Congressional District.

Gamestop’s CEO Ryan Cohen said the struggling video game retailer will focus on cutting costs and long-term profitability in an annual shareholder meeting Monday

Nikhil Gupta, accused of orchestrating a murder-for-hire plot against a Sikh extremist on American soil, pleaded not guilty as he was arraigned in federal court in Manhattan. Gupta was extradited to the US from the Czech Republic on June 14, which court records show as the day of his arrest in the US. He made his first appearance in Manhattan federal court before Magistrate Judge James Cott on Monday afternoon for his arraignment and pleaded not guilty. Gupta's attorney Jeffrey Chabrowe entered the «not guilty» plea on his behalf. Gupta is being held in a Brooklyn detention facility. Gupta is charged with murder-for-hire and conspiracy to commit murder-for-hire. If convicted, he faces a maximum sentence of 10 years in prison for each charge.

Gold prices slipped on Monday, hurt by higher Treasury yields, while investors awaited more US data and comments from Federal Reserve officials throughout the week for more cues on the outlook for monetary policy. Spot gold was down 0.8% at $2,315.14 per ounce as of 12:33 p.m. ET (16:33 GMT). US gold futures fell 0.8% to $2,330.10. «There's really a lack of major fresh fundamental news, so the gold market is looking to the outside markets for direction,» said Jim Wyckoff, senior market analyst at Kitco Metals.

A U.S. bankruptcy judge has approved the sale of the majority of Express Inc.’s operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores

Stocks that are trading heavily or have substantial price changes on Monday: Autodesk, Walt Disney rise; AMC Networks, Dycom fall

Scooter Braun, one of the most recognizable names in the music business known for representing artists like Justin Bieber and Ariana Grande, will no longer work as a music manager

US surgeon general Dr. Vivek Murthy has called on Congress to require warning labels on social media platforms similar to those now mandatory on cigarette boxes, as per an AP report. In a Monday opinion piece in the The New York Times, Dr. Vivek Murthy said that social media is a contributing factor in the mental health crisis among young people. Murthy said that the use of just a warning label wouldn't make social media safe for young people, but would be a part of the steps needed.

South Korean prosecutors have submitted evidence suggesting Terraform Labs co-founder Do Kwon and former Chai CEO Hyun-seong Shin may have planned to deceive investors from the outset.

Crypto exchange Gemini has reached a settlement with the New York Attorney General (NYAG) and agreed to pay $50 million worth of digital assets to investors of its Gemini Earn program.

With Pride Month in full gear, U.S. shoppers can find the usual merchandise many stores stock for the June celebration of LGBTQ+ culture and rights

The U.S. surgeon general has called on Congress to require warning labels on social media platforms similar to those now mandatory on cigarette boxes

Pant earn a place in the India XI, but the team management gave him the responsibility of batting at number 3 ahead of veterans Suryakumar Yadav and Hardik Pandya. Since then, there has been no looking back for the left-hander as he currently tops the scoring charts for India with 96 runs in 3 matches so far.Former Indian cricketer Sanjay Manjrekar has also taken note of Rishabh Pant's performance during the World Cup, especially in the difficult conditions at the Nassau Cricket Stadium in New York.

Blaming corporate greed for inflation isn’t working. Hence Team Biden’s new deflection: Donald Trump would make inflation worse. The president’s chihuahuas in the press are running with the line.

Nikhil Gupta, who is suspected by the US of involvement in an unsuccessful plot to kill Khalistani terrorist Gurpatwant Singh Pannun on American soil, has been extradited from the Czech Republic, media reports said on Sunday. Gupta, aged 52, was apprehended in the Czech Republic last year following a request from the US government. He faces charges related to a conspiracy to assassinate Sikh separatist leader Gurpatwant Singh Pannun. Gupta is scheduled to appear before a federal court in New York on Monday. Currently, Gupta is held at the federal Metropolitan Detention Centre in Brooklyn, where he is recorded as an inmate. His extradition was initially reported by The Washington Post

Sri Lankan community in New York City probably gravitated to Staten Island, just below Manhattan because of cheaper rents, but there might be other reasons why the place feels familiar. One of the best ways to get a good meal in New York is to board the Staten Island ferry. It’s free, you pass the Statue of Liberty and at the other end are a bunch of great Sri Lankan restaurants. You can savour their curries with their distinctive deeply roasted spices and the underlying umami note from the grated dried tuna called Maldi fish, enjoy the hoppers (appams) and rich coconut rice and finish with one of the best desserts ever, thick yoghurt with kithul (fishtail palm syrup). And you can wonder why Staten Island has more Sri Lankan restaurants than all of India. Prime Minister Narendra Modi’s third swearing-in saw heads of neighbouring South Asian countries appear as guests. It might have been more meaningful without the one obvious omission, but it still seemed a gesture towards something that has almost vanished — the idea of South Asia beyond just how the countries affect each other on a political level. There are links of history, geography, cultural exchange, personal histories, environmental connections and, yes, food that also count in the South Asian space.

T20 World Cup 2024 is not just due to bad cricket, a lot of other issues like internal rift, fitness issues etc. were seen with the Babar Azam-led side.

Lauderhill amidst a flash flood warning in the region as a confident India aim to make it four wins in a row when they face Canada in their last Group ‘A’ match of the Men’s T20 World Cup 2024 at the Central Broward Regional Park Stadium Turf Ground on Saturday. Having secured three consecutive wins, India has already qualified for the Super Eight stage, which will take place entirely in the West Indies, and is poised to top the Group A points table even if their match against Canada is rained out. However, if the weather clears up, India will aim to address any weaknesses before advancing to the Super Eights. Talismanic batter Virat Kohli came into the tournament on the back of being the leading run-getter in IPL 2024, where he amassed 741 runs in 15 matches while opening the batting for Royal Challengers Bengaluru. But in the Men’s T20 World Cup, Kohli has amassed scores of 1, 4 and 0, with his pattern of being out to wide deliveries a cause of concern.

immigrant doctors in the United States and the second-largest source of registered nurses, according to a recent report by Remitly. However, when considering the total number of immigrant healthcare professionals, including home health aides and nursing assistants, India ranks third, after the Philippines and Mexico. Of the 9.87 lakh doctors in the US, nearly 26.5% or 2.62 lakh are immigrants. Indian doctors form the largest group, with more Indians moving to the US to work as physicians than any other nationality. New Jersey, Florida, and New York are the top destination states for these professionals. The «Immigrant Healthcare Index» by Remitly, based on data from the Migration Policy Institute (MPI) and the US Bureau of Labor Statistics, reveals that 16% of the 34.17 lakh registered nurses in the US are immigrants. Filipinos lead this category with 1.41 lakh registered nurses, representing 26% of the immigrant nurse population. Indian nurses follow with 32,000 (6%), and Nigerians with 24,000 (5%). California, Nevada, and New Jersey are the top states for immigrant nurses.

Sundar Pichai, the CEO of Google, said in a New York courtroom Friday that he never discussed a possible takeover of Ozy Media. Pichai is the highest-profile witness to testify so far in the trial of Carlos Watson, the founder of Ozy who is accused of misrepresenting his company's financial results, funding and audience data to investors and lenders from 2018 to 2021.