New York Financial News

cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The token soared as much as 2.5 per cent to USD 69,191.95 shortly after 10 a.m.

By Michael Erman

By Saqib Iqbal Ahmed

By Simon Jessop, Isla Binnie and Ross Kerber

By Stephen Culp

The United States economy is powering ahead while the economies of Canada, the United Kingdom and Australia are slowing from softer consumer demand caused by higher interest rates, the head of Canada’s biggest bank said Tuesday.

By Stephanie Kelly

Crypto firm Terraform Labs filed a lawsuit against the US Securities and Exchange Commission on March 3, addressing the regulator’s recent objection over a $166M retainer paid to special litigation counsel Dentons.

Beacon Pointe is pursuing its national growth ambitions as it makes its maiden foray into the mid-Atlantic. The national RIA has announced a partnership with Keeney Financial Group, a 10-member team that manages approximately $560 million in client assets.

New York (Reuters) -Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.

By Tom Hals

Investing.com -- Here are some of the biggest U.S. stock movers prior to the start of New York trading on Tuesday. Please check back later for updates:

Now that the comment period over the IRS’ proposed regulations for donor-advised funds has ended, the waiting game has begun – along with a whole lot of simmering criticism.

The sharp rally in US stocks this year has left strategists at JPMorgan Chase & Co. and Goldman Sachs Group Inc. divided about whether a market bubble is forming. 

Making instant videos is the next wave of generative artificial intelligence, much like chatbots and image-generators before it

Target is reporting a 58% increase in fourth-quarter profits and handily beat Wall Street expectations as the retailer cut costs and maintained a lean inventory during the holiday season

The Biden administration is moving to cap credit card late fees at $8

Karnataka aims to become a $1 trillion economy by 2032 by growing at a sustained rate of 18%, Industries minister MB Patil said on Monday. The state, he said, would soon bring out a new clean mobility policy that would make the state a premier destination for EV manufacturing. Patil, who was speaking at the inauguration of the 54th World Trade Centre Association (WTCA) Global Business forum, said that the state’s Industrial Policy for the period 2020-25 provided multiple financial incentives to create favourable economics for investors. “Karnataka is also partnering with technology companies to leverage industry 4.0 technologies and the state will drive automation and develop AI-powered subscription products or services,” he added. This was the first edition of the summit in Karnataka and the second held in India. The event, jointly organised by the New York World Trade Centers Association and Bengaluru World Trade Centers Association, was inaugurated by Deputy Chief Minister DK Shivakumar.

Stocks that traded heavily or had substantial price changes on Monday: Macy’s, United Rentals rise; Apple, Spirit Airlines fall

JetBlue and Spirit Airlines are ending their proposed $3.8 billion merger after a federal judge blocked the deal, ruling it would hurt competition

dollar-pegged stablecoins issued by Tether has crossed $100 billion, the crypto company said on its website on Monday. Tether issues a stablecoin which is designed to maintain a constant value of $1. It is widely used as a way of moving money in cryptocurrency without being exposed to price swings in other cryptocurrencies such as bitcoin and ether.