New York Financial News

In the ever-volatile world of cryptocurrencies, stablecoins have emerged as a haven for investors looking to hedge against market unpredictability.

tight operational security. The assault blindsided Israel’s spies, and seems to have surprised even Hamas’s political leaders. But did someone know enough to profit? A new paper by Robert Jackson Jr, a former commissioner of America’s Securities and Exchange Commission, and Joshua Mitts of Columbia University suggests so.

fire after their alleged elusive testimony before a House Committee. US lawmakers had questioned them about antisemitism and offered narrow legal responses to questions over whether calling for the genocide of Jews was against school policy.

John Lennon, a celebrated musician and frontman of the legendary British band 'The Beatles', died 43 years ago on December 8. He was shot dead outside his Dakota house in New York City on December 8, 1980. Here a look back at how his final hours unfolded on the fateful day.

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Vedanta Resources, the London-based parent of India's oil-to-metals conglomerate Vedanta, is close to finalizing a $1.25 billion loan availed jointly from Standard Chartered Bank and Cerberus Capital Management that could help it avert a default on bonds due in January, said people aware of the matter. Standard Chartered Bank will underwrite $950 million of the $1.25 billion financing while New York-based Cerberus Capital will cover the remaining $300 million, the people said requesting anonymity. Other credit investors could join as Standard Chartered Bank is expected to distribute or «sell down» its share of the loan, they added. The loan could have a tenor of about three years with interest rate in the 'high teens', the people said. Standard Chartered Bank is in talks with Davidson Kempner, Ares Management and Varde Partners to distribute a portion of its $950 million loan commitment. Vedanta Resources confirmed to ET that it was close to finalising the financing arrangement. «We are in the process of finalising the raising of $1.25 billion for the purposes of refinancing and managing our upcoming maturities,» said a spokesperson for Vedanta Resources.

County Tipperary, Ireland, on Friday, the late Shane MacGowan, lead singer of The Pogues, was commemorated in the presence of notable personalities like Johnny Depp and Nick Cave. The funeral, marking MacGowan's passing at 65, saw heartfelt tributes from various celebrities. During the service, Johnny Depp, among others, paid homage to MacGowan. He described him as a «maestro,» echoing sentiments shared by attendees, including "Game of Thrones" star Aiden Gillen and former Sinn Féin leader Gerry Adams. The ceremony was interwoven with renditions of MacGowan's music, notably performed by Nick Cave, who delivered «A Rainy Night in Soho.»

If you thought the world had gone crazy when, inJanuary 2023, banks in the US began accepting applications for summer internships in 2024, we have news for you. It's not even Christmas and at least three banks are now inviting applications from students who wantinternships in 2025. 

Paramount Global (PARA) shares surged more than 11% on Friday, reaching their highest level since July.

A turbulent economy has slowed demand for law firms. You wouldn’t know it from what they are paying for top talent. Elite firms are in a financial arms race to attract and retain lawyers who bring in big books of business, shelling out millions to poach star partners and in some cases entire practice groups.

NEW YORK (Reuters) — U.S. job growth accelerated in November and the unemployment rate dropped to 3.7% even as more people entered the labor force, pointing to underlying strength in the labor market.

Archies, directed by Zoya Akhtar and co-written with Farhan Akhtar, Reema Kagti and Ayesha Devitre, is creating a lot of buzz online. Released on December 7, 2023, on the OTT platform Netflix, the excitement around ‘The Archies’ can be credited to the marketing efforts that went into collaborations for it, apart from its cast. Speaking on how the brand partnerships helped The Archies, Shilpa Singh, Senior Director - Marketing Partnerships, APAC, Netflix said, “Brand partnerships bring together two worlds, led by two brands, to tell one story neither could have told alone.

Meta is rolling out end-to-end encryption for calls and messages across its Facebook and Messenger platforms, the company announced Thursday

Sometimes, the punishment really does fit the crime.

Hamas including through corridors that allow people to move safely from defined areas of hostilities." "President Biden reiterated his concern about extremist violence committed against Palestinians and the need to increase stability in the West Bank," it added. Here are top 10 updates on Israel-Hamas war, 1) Residents informed that the Israeli military hit Rafah in southern Gaza twice overnight as United Nations officials warned there are no safe places left in the besieged territory, as per AP reports.

'The Ramsey Show' co-host George Kamel discusses the drop in retail sales and consumer spending, and reacts to Marie Osmond not granting her children an inheritance.

Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor

The National Retail Federation has revised a report released in April that pulls back the claim that organized retail crime accounts for nearly half of overall industry shrink, which measures overall loss in inventory, including theft

Khalistani extremist on Indian Parliament. MEA spokesperson Arindam Bagchi said here on Thursday that India has raised with both the US and Canada the issue of threats by a Khalistani extremist on Indian Parliament. Khalistani terrorist Gurpatwant Singh Pannun has released a video in which he said he would attack the Indian Parliament on or before December 13. Notably, December 13 will mark the 22nd anniversary of the Parliament attack by terrorists in 2001.

Anatoly Legkodymov, also known as “Gandalf” and “Tolik,” a Russian national and co-founder of the Hong Kong-based crypto exchange Bitzlato, has pleaded guilty in a US federal court in New York to charges related to operating an unlicensed money transmitting business.

San Diego Padres on Wednesday traded Juan Soto to the New York Yankees. In the much-anticipated blockbuster deal, the final terms involve sending Soto and outfielder Trent Grisham to the east in exchange for pitchers Michael King, Drew Thorpe, Jhony Brito, and Randy Vásquez, along with veteran catcher Kyle Higashioka.