New York Financial News

17.01 / 23:59

UPS Manufacturing economy wellness show Headlines Plunge in NY Fed Manufacturing Index Shows Recession Monster Is Alive and Well

The sharp drop in the New York Federal Reserve’s Empire State business-conditions index in January triggered a wave of warnings.

17.01 / 20:56

BLOCK Airlines JetBlue Justice travelers Department Courts The JetBlue-Spirit Airlines merger was blocked by a federal judge. Here's what you need to know

The prospect of a JetBlue-Spirit Airlines merger has taken a major hit in court

17.01 / 20:56

Platform Election Research Universities country information prevention Here’s how ChatGPT maker OpenAI plans to deter election misinformation in 2024

ChatGPT maker OpenAI has outlined a plan to prevent its artificial intelligence tools from being used to spread election misinformation in 2024

17.01 / 20:55

Hollywood Booking Racing film shootings 2020 In 'Origin,' Ava DuVernay and Aunjanue Ellis-Taylor seek the roots of racism

Ava DuVernay’s “Origin” takes a heavyweight work of historical and sociological inquiry and transforms it into a deeply humanistic drama and globe-trotting detective story

17.01 / 20:55

FIVE CEO Tesla Forbes 2020 reports inequality We could see the world's 1st trillionaire in the next decade. Here are some of today's richest 1%

The world might see its first trillionaire sooner than you think

17.01 / 20:55

COST UPS Research President cover What to know about overdraft fees as the White House cracks down on them

The Consumer Financial Protection Bureau has proposed new rules that would lower overdraft fees, with President Joe Biden calling the charges “exploitative.”

17.01 / 20:55

markets DOW economy JetBlue track reports Stock market today: Wall Street slips as hopes dim for an imminent cut to interest rates

Wall Street is slipping again after a stronger-than-expected report on the U.S. economy weakened hopes that easier interest rates would arrive soon

17.01 / 20:55

markets COST UPS economy show reports Retail sales up strongly in December as Americans showed continued willingness to spend

Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely

17.01 / 20:55

UPS pandemic Trade National Retail Federation: holiday sales up 3.8% in line with forecasts

Sales for the holiday 2023 season slowed from its blistering pace a year ago but the season still ended up being solid, despite some economic hurdles, according to the nation’s largest retail trade group

17.01 / 20:07

Twitter Reuters Platform social electronic Features Musk's X approved for Virginia money transmitter license

By Sheila Dang

17.01 / 20:00

Twitter Digital Platform social electronic Schools Features elon Elon Musk's X approved for Virginia money transmitter license

Social media platform X received approval for a money transmitter license in Virginia, the 17th U.S. state to grant approval, as the Elon Musk-owned company advances efforts toward introducing payment features. The Virginia license allows X to facilitate money transfers electronically as of Tuesday, according to the Nationwide Multistate Licensing System & Registry, an online database.

17.01 / 17:45

markets UPS Citi Target Reuters Platform Financial Thomson scion of world’s 10th-richest family hunts for New York deals in financial sector

The investment firm for a member of the multibillionaire dynasty behind Thomson Reuters Corp. is looking to ramp up deal-making in New York City as it targets financial sector investments.

17.01 / 17:35

Digital CEO Platform WSJ reports Videos Interviews CNN boss plans to merge newsgathering ops, explores digital subscription model - WSJ

(Reuters) — CNN's new CEO Mark Thompson plans to combine all newsgathering operations of the news network into one unit that would serve its television, streaming and digital platforms, the Wall Street Journal reported on Wednesday.

17.01 / 17:25

UPS security BURST Trade reports rights Schwab saw decline in net new assets in Q4

Charles Schwab Corp.’s shares tumbled after the brokerage reported declines in profit, new assets and deposits as it navigated a tumultuous year of interest rate hikes that dented the firm’s balance sheet.

17.01 / 16:20

markets UPS Reuters economy Trade track Department Dollar hits fresh one month high after retail sales data

By Chuck Mikolajczak

17.01 / 16:20

markets economy MSCI Bill reports Department Rate Cut U.S. stocks dip, Treasury yield gain as solid data dims rate cut hopes

By Stephen Culp

17.01 / 16:20

markets economy Food wellness show reports Department Solid US retail sales give economy a boost heading into 2024

By Lucia Mutikani

17.01 / 13:41

COST BLOCK Airlines JetBlue Trade Courts fall Spirit Airlines stock continues to fall after blocked JetBlue merger, analysts downgrade

Spirit Airlines (NYSE:SAVE) stock is down a further 18.5% in early New York trading on Wednesday after a federal judge blocked JetBlue's (JBLU) $3.8 billion acquisition, prompting concerns about the feasibility of other mergers in the airline industry.

17.01 / 12:27

markets DOW economy Trade blues Dow futures retreat after Fed Waller comments; retail sales, earnings in focus

Investing.com — U.S. stock futures fell Wednesday, retreating on renewed concerns that Federal Reserve interest rate cuts could still be some time away, while the earnings season continues.

17.01 / 12:27

markets UPS Target economy show country Futures lower, Chinese annual growth figures - what's moving markets

Investing.com -- U.S. futures point lower on Wednesday, with traders gauging the potential for Federal Reserve interest rate cuts this year following a hawkish statement from a top official at the central bank. Elsewhere, Walt Disney (NYSE:DIS) rejects a raft of nominees to its board put forward by activist investors, while headwinds against the Chinese economy loom despite the country posting annual growth that beat Beijing's target.

17.01 / 07:09

Bitcoin bitcoin etfs ProShares Seeks to Expand Bitcoin ETF Offerings with Five New Leveraged and Inverse Funds

ProShares has filed prospectus materials for five leveraged and inverse bitcoin ETFs days after the US SEC approved 11 spot Bitcoin ETFs. Spot Bitcoin ETFs trading which began on January 11, has already seen massive trading volumes, reaching billions of dollars.

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