New York Financial News

U.S. stocks are drifting, a day after tumbling on worries that interest rates may stay high for a while

Most news organizations hold its journalists to strict ethical standards to avoid conflicts of interest either real or perceived

US Congressman Adam Schiff has tabled a bill proposing tech firms training AI models disclose use of any copyrighted data. It follows criticism from artists and creators on unfair use of their work by tech firms raking in billions. Can this stifle innovation? Mint explains.

Ameriprise Financial has welcomed the $2 billion AUM wealth management division of one of the largest US credit unions.

Goldman Sachs' Chief Strategy Officer Carey Halio will replace Philip Berlinski as its global treasurer, the bank announced in an internal memo seen by Reuters on Thursday. Halio had joined the Wall Street giant as a summer associate in 1999 in the credit risk division. She rejoined the company in the same team in 2000 and became the deputy treasurer of the bank and the chief of Goldman Sachs Bank USA while earning the coveted partner rank in 2016.

Cocoa gained in New York, with prices heading back toward a record high amid lingering fears about global shortages. Futures climbed as much as 4% to head for a fourth straight increase. Prices have surged this year — recently exceeding $10,000 a ton — as poor West African harvests put the world on course for another annual deficit, threatening to further raise chocolate prices. “West African near-term supply remains very tight at the start of the mid-crop harvest, and that has provided underlying support to the cocoa market,” the Hightower Report said.

There are lots of things college students and their parents should keep in mind before filing their taxes

New York towns and villages that have post-Prohibition bans on alcohol sales would be forced to lift such restrictions under a bill moving through the Legislature

Macy’s said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain

Consumer inflation rose more than expected in March, boosted by gas, rents, auto insurance and other items, the government said Wednesday

Stocks that traded heavily or had substantial price changes on Wednesday: Hexcel, WD-40 fall; Macy's, Roblox rise

Apple TV+ series, inspired by Sandra Barneda's novel, to debut June 26 with a global release of the first two episodes.

Melania Trump be able to halt the falling popularity of her husband Donald Trump who is a Republican hopeful for the 2024 US Presidential Election? 'New York Post' has reported that she will join a fundraising event later this month as a strategy to portray herself as a «softer, more moderate voice» for the Trump campaign. Confirming her participation, Democratic strategist Hank Sheinkopf told the news outlet, «The Trump campaign recognizes that Melania is their secret weapon.» He added further, «Her appeal is critical to win battleground states and undecided voters, especially now that they’ve won the primary and are hyper-focused on the general.»

India and China are important for the entire region and the world, Prime Minister Narendra Modi has expressed hope that through positive and constructive bilateral engagement at the diplomatic and military levels, the two countries will be able to restore and sustain peace and tranquillity at their borders. In an interview with Newsweek magazine of the US, Modi said for India, the relationship with China is important and significant. «It is my belief that we need to urgently address the prolonged situation on our borders so that the abnormality in our bilateral interactions can be put behind us. Stable and peaceful relations between India and China are important for not just our two countries but the entire region and world,» he said. «I hope and believe that through positive and constructive bilateral engagement at the diplomatic and military levels, we will be able to restore and sustain peace and tranquillity in our borders,» Modi said.

India and China are important for the entire region and the world, Prime Minister Narendra Modi has expressed hope that through positive and constructive bilateral engagement at the diplomatic and military levels, the two countries will be able to restore and sustain peace and tranquillity at their borders. The prime minister made these remarks in an interview with Newsweek magazine, which described India's rise as «unstoppable». The New York-based magazine said India's «rapid upward economic trajectory and increasing diplomatic, scientific and military weight make it an emerging superpower of ever-growing importance to the United States and the world». During the wide-ranging interview carried by the magazine under the headline «Narendra Modi and the Unstoppable Rise of India», the prime minister talked about a host of issues including the upcoming Lok Sabha polls, ties with Pakistan, Quad, Ram temple and democracy, among others.

Prime Minister Narendra Modi is set to become the first prime minister of India to feature on the cover of Newsweek after Indira Gandhi. Former prime minister Indira Gandhi featured on the cover of Newsweek's April 1966 issue. The New York-based magazine has interviewed PM Modi who addressed Newsweek's written questions and followed up with a 90-minute conversation.

Wipro Ltd appoints company veteran Malay Joshi as the chief executive officer (CEO) of its largest and fastest-growing market, Americas 1, the company informed the stock exchanges. Joshi will succeed current Wipro CEO Srinivas Pallia, who headed the market unit from January 2021 until his promotion a few days back.

OLeary Ventures chairman Kevin OLeary and former State Department spokesperson Morgan Ortagus weigh in on the impact to businesses from New York Citys congestion toll and the states policies. 

The New York Stock Exchange is actively engaged with a pipeline of Japanese companies, some of which may consider a US listing over the next 18 months, according to the bourse’s vice chairman.

A former longtime executive in Donald Trump’s real estate empire is set to be sentenced for lying under oath in the ex-president’s New York civil fraud case

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