New York Financial News

Several exclusive Xbox games will be soon making their way to rival consoles

The Biden administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals

Ford's top executive says that last fall’s contentious United Auto Workers’ strike changed the company's relationship with the union to the point where it will “think carefully” about where it builds future vehicles

A man who succeeded in using a New York City housing law to live rent-free in an iconic hotel has been charged with fraud after he claimed to own it

Stocks that traded heavily or had substantial price changes on Thursday: Deere, Fastly fall; AppLovin, Shake Shack rise

Both Japan and the United Kingdom said Thursday their economies weakened during the final three months of 2023

Auto workers held waves of walkouts

Over the last several months, we have seen repeated employment reports from the Bureau of Labor Statistics (BLS) that crushed economists’ estimates and seemed to defy logic. Such is particularly the case when you read commentary about the state of the average American as follows.

New York-based law firm Sullivan & Cromwell, which is currently handling FTX’s bankruptcy case, is expected to be appointed as the independent monitor for Binance Holdings.

(Reuters) — It's been two years since Russia invaded Ukraine, bringing war to Europe for the first time in decades, while the markets' AI bull's seemingly unstoppable run continues, and China returns from a week-long holiday to economic uncertainty.

In the 1990s, New York fashion had the Big Three: Donna Karan, Ralph Lauren and Calvin Klein. Of them, only Lauren remains a fashion force. Klein’s brand now only calls to mind Jeremy Allen White in boxer briefs.

By Andrew Goudsward

White House has confirmed that Russia is developing a capability to target satellites in space and called Moscow's pursuit of this particular capability «troubling.» White House National Security Communications Advisor John Kirby said the US is closely monitoring this Russian activity and will continue to take it seriously amid reports of Moscow reportedly developing a space-based nuclear weapon designed to disable or destroy satellites. While addressing a press briefing on Thursday (local time), John Kirby said, «While I am limited by how much I can share about the specific nature of the threat, I can confirm that it is related to an anti-satellite capability that Russia is developing. I want to be clear about a couple of things right off the bat.»

By Gertrude Chavez-Dreyfuss

Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD).

By Dietrich Knauth

By Seher Dareen and Ross Kerber

Reuters. This ruling paved the way for the first-ever criminal trial of a former US president. For the case, Justice Juan Merchan set a trial date of March 25 – one of four criminal prosecutions Trump faces as he pursues the Republican nomination to challenge Democratic President Joe Biden in the 5 November 5 US election. Earlier, Trump has asked Merchan to toss the 34-count indictment, which charges him with falsifying business records to cover up the $130,000 payment to porn star Stormy Daniels before the 2016 election.

Beyoncé is gifting new music to us, an appearance at the New York Fashion Week by surprise and currently, she will be gracing Essence magazine's cover. Just at the time, the fans thought she had enough of surprises, it was announced by the magazine on Wednesday that Queen Bey would be present on the cover of the issue of March/April 2024. Essence which is a magazine dedicated to celebrating Black women, revealed the cover on Instagram.

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

(Reuters) — U.S. stock index futures were subdued on Thursday with a slew of economic data reports on the radar, while investors looked ahead to commentary from central bank officials on the timing of the Federal Reserve's first interest-rate cut.