New York Financial News

20.05 / 13:13

UPS Target Golf country Investigations peace Former investment advisor could face 30 years in jail for fraud, money laundering

A former New York registered investment advisor has been convicted in connection with a scheme to misappropriate more than $1 million from clients – and faces up to 30 years in prison.

20.05 / 04:52

UPS Opinion PayDay wellness reports Courts Investigations Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks

Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits, political and legal challenges to the idea of whether the Federal Government’s aggressive consumer financial watchdog agency should be allowed exist a...

20.05 / 04:52

markets UPS DOW economy GameStop reports Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

The Dow Jones Industrial Average finished a day above the 40,000 level for the first time as U.S. stock indexes drifted around their record heights to close their latest winning week

20.05 / 04:52

UPS Software Take-Two Food Trade reports Take-Two Interactive, RBC Bearings rise; Cracker Barrel, Flowers Foods fall, Friday, 5/17/2024

Stocks that traded heavily or had substantial price changes on Friday: Take-Two Interactive, RBC Bearings rise; Cracker Barrel, Flowers Foods fall

20.05 / 04:52

UPS Citi Parke Highways Schools Courts Traffic Federal judge hears challenges to NYC’s fee for drivers into Manhattan

New York’s first-in-the-nation plan to levy a hefty toll on drivers entering Manhattan was the focus of a legal battle that played out in federal court

20.05 / 04:51

markets UPS ICE Food show social shock Sour Patch Kids Oreos? Peeps Pepsi? What's behind the weird flavors popping up on store shelves

Surprising flavor combinations – think gravy-flavored Jones Soda or Sour Patch Kids Oreos — are showing up more frequently in grocery stores and restaurants

19.05 / 13:07

markets UPS DOW economy show From Tokyo to New York, stock markets are on a record-hitting spree around the world

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.

19.05 / 09:21

Remark love show country social Relationships Ranjan Adiga's ‘Leech & Other Stories’: The world in a grain of sand

Single Dad Lockdown and published in the Tiny Love Stories section of the New York Times, the snippet was a masterclass in how much—rhythm, tension, emotion and catharsis—could be packed into barely a paragraph. Now, in his debut collection Leech & Other Stories, Adiga builds on his remarkable skill.

19.05 / 09:21

markets UPS Citi Target wellness Celebrity social Kate Middleton favors this British brand. Now it’s coming for Americans.

When Clare Hornby, founder and chief executive of British fashion brand ME+EM, first wanted to expand in the U.S., her board wasn’t thrilled. America was more likely a money pit than a goldmine, they told her. Hornby did it anyway.

19.05 / 07:31

Software Election President country pop Courts Rich, loyal and good looking: Why little-known Doug Burgum is in Trump’s VP mix

WASHINGTON—As court adjourned for lunch Tuesday in Donald Trump’s hush-money trial, the former president’s lawyers, family and friends poured into the court’s holding room for some of New York City’s finest pizza. North Dakota Gov. Doug Burgum, among them, popped in and out to defend Trump in front of news cameras.

18.05 / 18:13

WhatsApp Golf reports Courts Traffic Scottie Scheffler: What happened to world's number 1 golfer during police custody? This is what he said

Golfer Scottie Scheffler said that he had an incredible day on Friday after being arrested on his way to the golf course, reports the 'New York Post.' The world number Golf player was arrested just before the second round of the PGA Championship began at Louisville in Kentucky after he allegedly refused to comply with the orders of the local police.

18.05 / 17:41

Art Remark Food Research DISH bowling View: Fine dining isn't just about fine dining, you pay 'so much' for much more than food

restaurant. So, is it worth paying 'so much' for food? Stepping into the swanky premises of Nadodi, an upmarket restaurant in Kuala Lumpur that reimagines South Asian cuisine in a novel way, the question briefly presents itself, but evaporates the moment the first course arrives. Honestly, if we had wanted just food, we could have had a meal in the hawker centre downstairs. We would have ordered a steaming bowl of laksa, opted for a roti canai, or chosen bak kut the, a pork rib dish cooked in broth. Instead, we are here at Nadodi for the veritable art on our plates, the incredible research each dish builds on, and the use of exquisite locally sourced ingredients.

18.05 / 12:33

markets UPS FIVE Nestle Research performer recommendations Why Nestle India's shareholders rejected higher royalty payment to parent

Mint, two of the largest money managers in Europe opposed the decision of the board of Nestle India. “The performance of the company does not sufficiently demonstrate the benefits of the royalty payments over the years, which have grown at a rate higher than the company's revenues and net profit," said Legal & General Investment Management (LGIM), UK’s largest fund manager, managing $1.5 trillion of assets. Nordea Asset Management, the investment arm of the Nordic region’s largest bank, having $400 billion in assets under management, also opposed the resolution.

18.05 / 04:15

UPS Citi Career Citigroup Inside reports Hedge fund Jain Global's latest hire spent most of his career at Citigroup

Jain Global, the hedge fund founded by Bobby Jain, the former co-chief investment officer at Millennium, is finally launching in July.

17.05 / 22:01

markets Provident ICE Death shock Sporting hockey Tragedy at BofA as 25-year-old trader dies at industry event

A 25-year-old Bank of America Corp. credit trader died suddenly on Thursday night.

17.05 / 20:19

Binance Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court

Tigran Gambaryan, the Binance executive detained in Nigeria, was denied bail on his 40th birthday, according to a court hearing in Abuja on Friday.

17.05 / 10:31

UPS Action Airlines wellness country reports Courts More trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assets

A Belgian court has ruled that all assets in the country belonging to American investment group 777 Partners can be seized, in the latest legal setback for the embattled company that owns Standard Liège and several other soccer clubs

17.05 / 08:15

markets UPS Gap Compilation Election MSCI performer India stocks set for biggest FII outflows in a year on election risks, China appeal

Indian stocks are set for the biggest monthly outflow in nearly a year as election uncertainties and high valuations prompt some funds to shift to cheaper alternatives like Chinese equities. Global investors have pulled a net $3.5 billion from India’s stock markets so far in May, on course for the biggest withdrawal since June 2023, according to data compiled by Bloomberg.

17.05 / 05:55

Booking Election President Universities shooting gatherings Schools NRA kicks off annual meeting as board considers successor to longtime leader Wayne LaPierre

The National Rifle Association is kicking off its annual meeting in downtown Dallas, gathering for the first time in decades without Wayne LaPierre at the helm as board members prepare to elect his replacement

17.05 / 02:51

markets Target economy President reports Interviews Fed remains cautious on cuts even as data improves

U.S. Federal Reserve good news on two fronts but policymakers haven't openly shifted views yet about the timing of rate cuts investors are convinced will start this year. Comments from Fed officials including the vice chair of the rate-setting Federal Open Market Committee, New York Fed President John Williams, acknowledged the positive turn this week when U.S. government agencies reported that consumer prices rose more slowly than expected in April, and that retail spending had not increased at all during the month in a possible sign consumers are pulling back.

16.05 / 20:15

UPS Art Research pandemic show Credit card debt is surging as average American owes $6,218

'Kudlow' panelists Kevin Brady, Art Laffer and Sandra Smith discuss how 'Bidenomics' is falling flat with voters.

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