New York Financial News

Shares of Donald Trump’s social media company jumped nearly 50% in the first day of trading on the Nasdaq, boosting the value of the former president's large stake in the company in the process

As government officials debate how to handle the influx of new arrivals, the Girl Scouts — whose Troop 6000 has served kids who live in the shelter system since 2017 — are quietly welcoming hundreds of the city’s youngest new residents with the support...

Hiring woes may be easing for small businesses

Stocks are ticking higher and are near their record levels

Junior bankers are tired again. As we reported this week, working hours are back to unsustainable levels at some banks as managing directors who are rightly paranoid about losing their own jobs enter a frenzy of ever more detailed pitching.  

The turbulent years that followed the global financial crisis were not an ideal time for Michael Dorrell and Trent Vichie to be seeding a new infrastructure fund.

By Alexandra Ulmer

By Stephen Culp

sex trafficking investigation. Several armed officers were seen flying over his properties, TMZ reported. A representative of Homeland Security Investigations told People that the law enforcement actions have been executed with assistance from HSI Los Angeles, HSI Miami, and local partners, as part of an ongoing investigation in a sex trafficking case.

Silicon Valley’s biggest tech companies. While Sanghvi is known for being the first woman engineer at Facebook, Agarwal was chief technology officer at file-sharing company Dropbox till 2018. Sanghvi went on to launch South Park Commons (SPC), named after a San Francisco neighbourhood, in 2016 as a collective of engineers, founders and researchers. Since then, SPC has grown from being a learning group to a platform that has raised two funds to back entrepreneurs with very early stage ideas. Having expanded to New York, SPC is now eyeing India even as it is in the process of launching its third fund. Sanghvi and Agarwal spoke to Samidha Sharma and detailed their plans for India with Flipkart cofounder Binny Bansal. Edited excerpts:

Donald Trump will in three weeks become the first former US president to face a criminal trial, a judge ruled Monday, hours after an appeals court threw the tycoon a lifeline in his bid to stave off an unrelated, half billion dollar civil fraud judgment. New York Judge Juan Merchan rejected demands from Trump's attorneys to further delay his trial on charges of paying hush money to a porn star and ordered jury selection to begin on April 15.

Donald Trump's hush money trial to begin on April 15, enabling his first criminal trial to begin this spring following a last-minute delay, as reported by The Hill. Trump, who has looked to postpone all four of his criminal cases beyond the election, requested the judge toss his case over new documents recently turned over, or at least sanction Manhattan District Attorney Alvin Bragg (D) and postpone the trial. However, during a hearing on Monday, Judge Juan Merchan rejected all of those requests and ruled in favour of Bragg by refusing to push the trial deeper into the campaign season, setting jury selection for April 15.

By Akash Sriram and Zaheer Kachwala

By Saqib Iqbal Ahmed

By Jody Godoy

With Reddit options able to be traded from today, it has sparked discussions about the potential resurgence of investor appetite for loss-making companies. So far this year, we have seen a trend of retail investors showing a slightly increased interest in high-risk, high-reward investments once again.

A Finra arbitration panel ruled in favor of a handful of former Morgan Stanley financial advisors, ordering the investment firm to pay them approximately $3 million in a dispute over deferred compensation.

A lot of “What ifs” still surround a bill the U.S. House passed last week that would mandate TikTok′s Beijing-based parent company to sell its stake in the platform or face a nationwide ban

Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday

Stocks that are trading heavily or have substantial price changes on Monday: United Airlines, Dyne Therapeutics fall; Lucid Group, Century Aluminum rise

Boeing keeps hitting more and more turbulence