New York Financial News

(Reuters) -New York City Mayor Eric Adams said on Wednesday that his administration has filed a lawsuit against social media companies including Meta Platforms (NASDAQ:META)' Facebook and Instagram for fueling mental health crisis among the youth.

Last year, the Federal Trade Commission received over 64,000 romance scams reports that translated into $1.14 billion in reported losses

With this year’s Super Bowl being played in Las Vegas, the nation’s gambling capitol, there was little doubt that betting on the big game would be huge

A longshot bid to temporarily double a $10,000 cap on state and local tax deductions for most married couples went down to defeat in the House

By Howard Schneider

By Jonathan Stempel

By Caroline Valetkevitch

Stocks are holding steadier a day after skidding to sharp losses on worries that interest rates will stay high for months longer than hoped

Stocks that are trading heavily or have substantial price changes on Wednesday: Zillow Group, Lyft rise; Airbnb, QuidelOrtho fall

By Can Sezer and Ceyda Caglayan

Investing.com -- U.S. stocks climbed in early trading on Wednesday, marking a small rebound from a sell-off on Wall Street in the prior session, as investors recalibrated their interest rate bets in the wake of a stronger-than-anticipated U.S. inflation reading.

Stephen Amell is gearing up for a new role in NBC's latest venture, "Suits: LA." Set to lead the spinoff, he'll portray Ted Black, described as «a charismatic force of nature who puts his own needs above others.» The original «Suits,» a creation of UCP, had a successful run on the USA Network from 2011 to 2019, spanning nine seasons. Recently, it regained popularity when it started streaming on Netflix in 2023, dominating their charts for several weeks. With over 45 billion minutes streamed on both Netflix and Peacock combined, its legacy remains strong.

London Fashion Week is set to kick off on Friday, marking its 40th anniversary this year. The event will showcase the autumn/winter lines of both new and established designers, while fashion enthusiasts join in the celebrations. The British Fashion Council (BFC) will open the London Stock Exchange on Thursday, and iconic landmarks like Covent Garden and the London Eye will be illuminated in green to honor the creative industry's contribution to the British economy. According to the BFC, UK womenswear and menswear sales reached a staggering £47.5 billion ($59.6 billion) last year, highlighting the significance of the fashion industry. The BFC, established in 1983, hosted its first London Fashion Week a year later. London Fashion Week is renowned as one of the premier fashion events worldwide, alongside New York, Milan, and Paris. It is particularly recognized for its platform for emerging talent and avant-garde trends, which have launched the careers of notable designers like Alexander McQueen and Stella McCartney.

The S&P 500 index blew past a series of troubling markers in its relentless rally to 5,000. Now, after the rout on Feb. 13, investors are staring at a potentially long way down before they find support.

By Amina Niasse

Investing.com -- U.S. stock futures tick up after a negative day on Wall Street fueled by a hotter-than-predicted U.S. inflation data that led markets to recalibrate their bets on Federal Reserve interest rate cuts. Lyft (NASDAQ:LYFT) shares go for a bumpy ride following an erroneous press release from the ride-hailing group, while Sony (NYSE:SONY) confirms a plan to list its financial services division.

Flight attendants for major U.S. airlines are holding rallies at airports around the country to push for higher pay

It turns out there are actually a lot of sharp elbows in the plush toy business

Stocks that traded heavily or had substantial price changes on Tuesday: Hasbro, Goodyear fall; JetBlue Airways, TripAdvisor rise

At least six major technology companies are planning to sign an agreement this week that would guide how they try to put a stop to the use of artificial intelligence tools to disrupt democratic elections

Jared Kushner, Donald Trump’s former White House adviser and his son-in-law, is defending his business dealings with the Saudi crown prince after leaving the U.S. government