New York Financial News

Designed as a quicker, more accessible version of the New York Times’ iconic Crossword, the Mini has carved out a devoted following over the years. For those who want to solve today’s Mini puzzle and are seeking assistance, we’ve compiled all the hints and answers for January 12, 2025.

Edwin Castro, who made headlines after winning the world’s largest-ever Powerball jackpot worth $2.04 billion, has seen his luxurious Malibu beachfront home completely destroyed by the Palisades fire. According to The New York Post, the fire left only the concrete pillars and charred remains of what was once a $3.8 million property. Images obtained by The US Sun show the desolation left behind, with just the foundations and planks of wood visible where Castro’s mansion once stood. What was once a high-end retreat now lies in ruins after the fire tore through the region. After his record-breaking win in November 2022, Castro, 31, made several luxury property acquisitions. The Malibu property was just one of them. He also purchased a $25.5 million mansion near the iconic Chateau Marmont in West Hollywood, a $47 million Bel Air estate, and a $4 million Japanese-style home in Altadena, located around 25 miles from Los Angeles.

Scott Bessent, plans to divest from dozens of funds, trusts and investments in preparation for his new role, The New York Times reported on Saturday. In a letter to the Treasury Department's ethics office, the money manager outlined the steps he would take to «avoid any actual or apparent conflict of interest in the event that I am confirmed for the position of Secretary of the Department of Treasury,» the report added. He also said he would shutter Key Square Capital Management, the investment firm he founded, and resign from his Bessent-Freeman Family Foundation and from Rockefeller University, where he has been chairman of the investment committee, the Times said.

Pakistan International Airlines (PIA) resumed flights to Paris on 10 January 2025, marking the end of a four-year ban imposed by the European Union over safety concerns. The airline, which faced severe scrutiny following several crashes and a pilot licensing scandal, now operates flights twice weekly, on Fridays and Sundays. However, its celebratory advertisement announcing the resumption has ignited widespread criticism online.

Meta's shock announcement that it would halt its fact-checking operations in the US has stunned media outlets and netizens around the world. Now a purported reason behind the Facebook, Instagram, WhatsApp owner's move has been revealed. Zuckerberg's own post regarding his injury while training for a mixed martial arts (MMA) bout could not become viral due to censorship restrictions, New York Post reported quoting Wall Street Journal. «Tore my ACL sparring and just got out of surgery to replace it. I was training for a competitive MMA fight for early next year, but now that’s delayed a bit. Still looking forward to it after I recover. Thanks to everyone for the love and support,» Meta CEO posted in November 2023.

Meta offices. According to The New York Times, facilities managers across Meta’s offices in Silicon Valley, Texas, and New York were instructed to remove the menstrual products, which had previously been provided for non-binary and transgender employees. As per the reports, this move was part of Meta’s broader strategy to align its internal policies with the anticipated values of the incoming political leadership. The company implemented a range of changes, such as eliminating transgender and nonbinary customisation options from its Messenger app and revising its «Hateful Conduct» guidelines. In a major policy shift, Meta ended its US fact-checking program and introduced a community-based notes system, inspired by the model used on X. CEO Mark Zuckerberg defended the move, stating that traditional fact-checking had been perceived as politically biased and had undermined public trust.

Subscribe to enjoy similar stories. Iran has shipped nearly 3 million barrels of oil from a storage site in China, people familiar with the matter said, in a bid to raise funds that could be used to shore up Iran’s allied militia groups in the Middle East. The oil is from a stockpile of at least 25 million barrels that Iran sent to China in late 2018, when it feared the imposition of new sanctions by the first Trump administration would prevent the country from exporting oil, those people said.

A scaled-down version of the famed New York Times Crossword, the Mini delivers a daily dose of wordplay that fits snugly into busy schedules. With a five-by-five grid and a handful of clues, it’s a quick diversion that tests wit and vocabulary, as mentioned in a report by Forbes.

Subscribe to enjoy similar stories. By the end of the 18th century, India was no longer the world’s cotton capital, as it had been over the previous 1,000 years. However, one Indian was still given the moniker "Cotton King" for his vast influence over the trade.

career catfishing," where young professionals accept job offers but fail to show up on their first day without notifying their employers. This new phenomenon has sparked debates on corporate culture and workplace ethics. According to The New York Post, a survey by CVGenius, a résumé-building platform, found that 34% of Gen Z workers (aged 27 and under) admitted to engaging in career catfishing. The trend, perceived as an assertion of independence, is reportedly a response to frustrations stemming from exhaustive hiring processes, including lengthy applications and delayed responses from hiring managers. «Our survey found that Gen Z workers, in particular, reported opting for creative ways to put themselves first before their jobs,» explained the UK-based researchers, who surveyed 1,000 employees across generations.

Donald Trump was formally sentenced Friday in his hush money case, but the judge declined to impose any punishment. The outcome cements Trump’s conviction while freeing him to return to the White House unencumbered by the threat of a jail term or a fine. This makes him the first former US president ever sentenced for a crime. Justice Juan Merchan delivered the decision on Friday, a day after the US Supreme Court rejected an attempt by Trump’s legal team to delay sentencing before the Republican leader’s inauguration on January 20. ALSO READ: Once-in-a-1,60,000-year comet G3 ATLAS to be visible from Earth on this day. It could shine as bright as Venus

Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power companies

Earlier today (9 January), Saba said it would «encourage the new board to offer all shareholders a 100% cash exit at 99% of net asset value, if they wish», which is almost in line with the price at which Herald shares are currently trading.  Saba added that it would «support further changes so this cash exit would be overseen by a fully independent board and would not expect it to occur for at least a year thereafter, ensuring portfolio value is maximised». Saba to offer exit strategy for Herald investment trust shareholders if vote passes However, Herald hit back at the New York h...

Donald Trump's in his New York criminal case on Friday closes out a series of prosecutions that he largely beat by retaking the U.S. presidency, though he is still fighting to avoid paying hundreds of millions of dollars for losses in civil lawsuits, Reuters reported. Full list of cases against President-elect Donald Trump and status ahead of January 20 Inauguration. New York Hush Money Case

New York Times Mini Crossword is a popular word puzzle game available in the Times’ Games section. Here are the solutions for the puzzle for Friday, January 10, along with an overview of accessing Mini Crossword archives.

Bryan Johnson, the 47-year-old tech entrepreneur who has spent millions on his quest to reverse his biological age, has ditched taking a medicine that he had been taking for years to increase his longevity. The millionaire, who gulps down 54 pills for breakfast, recently discovered a wrinkle in his meticulous approach to dodging death. In his attempt to live' forever', the tech millionaire consumes 13 milligrams of the immunosuppressant rapamycin, which transplant patients take to help prevent organ rejection. However, the US Food and Drug Administration has not approved rapamycin for anti-aging therapy, but physicians have been prescribing it off-label because it has been shown to extend the healthy lifespan of mice. Johnson, who undertook the «most aggressive rapamycin protocol of anyone in the industry», said it may have done more harm than good.

Subscribe to enjoy similar stories. WASHINGTON—The Supreme Court refused to block President-elect Donald Trump’s criminal sentencing for covering up hush money paid to adult-film star Stormy Daniels, clearing the way for an unprecedented court proceeding Friday in New York.

Supreme Court on Thursday rejected President-elect Donald Trump's final bid to put his New York hush-money case on hold, clearing the way for him to be sentenced for felony crimes days before he returns to the presidency.

Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast

The late New York Sen_ Daniel Patrick Moynihan put it this way decades ago: “Everyone is entitled to his own opinion, but not his own facts.”

Credit card defaults are on the rise for Americans, reaching the highest amount in 14 years