New York Financial News

Citi presumably wanted to keep Matt Fink. 

Dymon Asia Capital, the Singapore-based hedge fund, was opening a new office in Mumbai last time we checked. It’s been a while, however. Dymon already has offices in Hong Kong, Shanghai, Tokyo, Malaysia, and has its eyes on Dubai, with Mumbai now up and running.

Donald Trump on Monday will become the first former U.S. President, and the first leading presidential candidate, to be put on criminal trial. Manhattan District Attorney Alvin Bragg will try to prove to a jury that Mr.

Cocoa and coffee futures reached new highs on mounting concerns of extreme weather, while aging trees in Africa cocoa crops and Vietnam coffee areas added to concerns. “Speculators are drawing parallels between cocoa and coffee, which is a bit surprising,” Rabobank analyst Carlos Mera said, adding that trees getting older in Vietnam is one of the reasons coffee production in the country is not expanding. New York cocoa futures rose to the highest in data going back to the 1960s, extending a rally driven by declining production in top-growers Ivory Coast and Ghana. Gains for most-active contract accelerated after prices broke the $10,000 mark, a level that hasn’t been seen since almost two weeks ago.

The dollar index was on track to post its largest weekly percentage gain since September 2022. It was last up 0.7% at 106.02.

Vinay Kwatra has met US Deputy Secretary of Defense Kathleen Hicks and they discussed the importance of expanding the scope of bilateral military engagements, the Pentagon said. Kwatra is in the US for a series of meetings with senior officials of the US government and interaction with industry leaders to advance bilateral cooperation in areas like defence and technology. The foreign secretary was on a three-day official visit to Washington and left for New York on Friday. Hicks and Kwatra discussed priorities for strengthening the US-India defence partnership, including the implementation of the roadmap for the US-India Defense Industrial Cooperation, Pentagon spokesperson Eric Pahon said.

On April 12, Robert Kiyosaki, the renowned author of the “Rich Dad, Poor Dad” book, expressed his lack of interest in investing in spot Bitcoin exchange-traded funds (ETFs) and any other “Wall Street financial products.”

UBS Private Wealth Management is expanding in New York City as it welcomes a new team from Goldman Sachs. On Friday, UBS announced the addition of Regina Bronson and Alex Gitomer as managing directors and private wealth advisors, highlighting the duo’s vast experience and commitment to servicing ultra-high-net-worth clients.

Globant Chief Executive Officer Martin Migoya is choosing not to adopt a return-to-office policy for his nearly 30,000 employees across 33 countries, making the software giant one of the world’s largest tech companies by headcount to remain fully remote. It’s not that Migoya doesn’t appreciate in-person work. He’s been adding office space post-pandemic and employees are coming back, he said in an interview with Bloomberg Editor-in-Chief John Micklethwait.

The New York Times is investigating itself. Over the past several weeks, Charlotte Behrendt, a top Times editor in charge of probing workplace issues in the newsroom, has summoned close to 20 employees for interviews to determine whether staffers leaked confidential information related to Gaza war coverage to another media outlet. It is the latest internal crisis at the Times, where management has been at odds with factions of the newsroom over union negotiations and coverage of sensitive topics like the transgender community and social justice.

JPMorgan Chase & Co. reported net interest income that slightly missed analyst estimates and raised its expense guidance for the year, sending shares down.

Daily Mail reported that the outing was a “very low-key" affair with hardly any “great fanfare". The British publication reported, “He just walked in and through the pub. He appeared to be with Carole Middleton.

tech companies in the US added an estimated 6,000 workers last month. Indian IT giants have established a robust presence in the US, with Tata Consultancy Services (TCS) employing 50,000 people, Infosys 35,000, HCL Technologies 24,000, Wipro 20,000, and LTI Mindtree 6,500. Together, these companies contribute around 2% to the US tech industry workforce, as per an HDFC Securities report. The widespread presence of these firms across various US locations positions them advantageously for the ongoing demand recovery. The surge in job growth has been primarily driven by hiring in technology services, software development, and cloud infrastructure. In March, US employers posted 191,000 new job openings for tech positions, marking an increase of 8,000 from the previous month and the highest volume since August 2023.

Following a slow day of news that saw Bitcoin (BTC) trade in rangebound fashion in the $70,000-71,000 area, traders are turning to the altcoins markets as they hunt for the best crypto to buy now that could deliver quick gains.

Bloomberg. “The new Macs are underway at a critical time. After peaking in 2022, Mac sales fell 27% in the last fiscal year, which ended in September.

Interest rate-sensitive megacaps gave the tech-heavy Nasdaq a decisive edge. The S&P 500 also closed in positive territory, while the Dow ended essentially unchanged.

New York City officials have approved a plan to build a 25,000-seat stadium for Major League Soccer’s New York City Football Club next to the New York Mets’ stadium, Citi Field

Cole Brings Plenty, a Hollywood actor known for his works in the series 1923, which starred Harrison Ford, Helen Mirren, and Brandon Sklenar in pivotal roles, met with a tragic death in Kansas, US this month. Police are yet to state a reason for the actor's sudden death, according to the New York Post. The actor's body was found in a wooded area in Kansas, US, and the police began investigating the cause of the death of this 27-year-old actor.

Tax pros say there are a few tips parents should keep in mind when filing their tax returns this year

U.S. markets are far outpacing their global counterparts in 2024, continuing a decade-long trend of strong growth compared with the rest of the world

Stocks that are trading heavily or have substantial price changes on Thursday: Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise