New York Financial News

Bud Light is set to return as the official beer of the UFC in the U.S. next year as the brand tries to recover from a conservative backlash to a promotion with a transgender influencer

Bitcoin is having another moment

Former President Donald Trump compares himself to Nelson Mandela after filing for New Hampshire primary During a break in the case, which was brought by New York Attorney General Letitia James regarding Trump's business practices, Trump made comments to reporters in a hallway. He referred to the judge as a "very partisan judge" with a "partisan" person sitting alongside him, insinuating that the clerk was the partisan individual. Justice Engoron considered Trump's comments as a clear violation of the gag order and labeled it as "blatant." Trump briefly took the witness stand and attempted to explain that he was referring to the judge and Michael Cohen.

By Tatiana Bautzer

West Australian producer Pilbara Minerals has shelved plans to pay a special dividend or buy back its own shares after a steep fall in lithium prices last quarter.

Crypto industry powerhouse Digital Currency Group (DCG) has provided a response to its latest fraud lawsuit from the New York Attorney General (NYAG) last week, alongside updated Q3 financial figures.

By Chavi Mehta

Investing.com — Crude prices rose for the first time in four days, with global benchmark Brent recapturing key $90 per barrel pricing, as traders braced for the possibility of contagion from the Israel-Hamas war that could disrupt oil traffic in the Middle East — despite little evidence of such impact.

Donald Trump's civil fraud trial fined the former president USD 10,000 on Wednesday, saying Trump violated a limited gag order barring personal attacks on court staffers. The fine came after Trump was called to the witness stand to explain his comment outside the courtroom about «a person who's very partisan sitting alongside» the judge in the case, Judge Arthur Engoron.

By Arriana McLymore

By Seher Dareen

50th Student Academy Awards ceremony was held by The Academy of Motion Picture Arts and Sciences. The award ceremony took place at Samuel Goldwyn Theater in Beverly Hills celebrating the exceptional talents of students in film. The main event of the night was the announcement of who would take home the prestigious Gold, Silver, and Bronze Medal awards.

Investing.com — US crude oil stocks rose above the consensus of Wall Street analysts, with an unexpected rise at the federal level and at the storage hub tied to the delivery of contracts traded on the New York Mercantile Exchange, a government report showed Wednesday.

Montreal will ban gas-powered systems in new construction starting next fall, with some notable exceptions.

New York Knicks will be playing Boston Celtics in the key Eastern Conference NBA game on Wednesday night. In the previous season, New York concluded with a 47-35 record, progressing to the second round of the playoffs. On the other hand, Boston wrapped up the previous season with an impressive 57-25 record but faced a seven-game defeat against Miami in 2023 NBA Finals.

Arizona Diamondbacks will play in the World Series after their win against Philadelphia Phillies in Game 7. The Diamondbacks will play against Texas Rangers.

Richard Roundtree, renowned for his groundbreaking portrayal of Detective John Shaft in the 1970s action thriller «Shaft,» has died at the age of 81. His longtime manager, Patrick McMinn, confirmed that the actor had been battling pancreatic cancer and passed away at his residence in Los Angeles on Tuesday.

NEW YORK (Reuters) — FTX cryptocurrency exchange founder Sam Bankman-Fried plans to testify in his own defense at his criminal fraud trial, defense lawyer Mark Cohen said during a telephone hearing on Wednesday.

JetBlue says it will expand its transatlantic flying next spring and summer

Coinbase's submission of a "final petition" to the court in its ongoing legal battle with the US Securities and Exchange Commission (SEC) argues tokens don't necessarily represent the definition of an investment contract and that the SEC has overstepped its regulatory bounds.

Hong Kong's leader on Wednesday cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub. Chief Executive John Lee said the extra stamp duties imposed on non-resident buyers and current local homeowners looking to buy additional properties would be halved, making the first easing over the past decade since property cooling measures were introduced. In his annual policy address, Lee also unveiled plans to reduce stamp duty on stock transactions to 0.1% from 0.13%, saying a vibrant stock market is vital to upholding the city's status as a financial hub. After the easing of COVID-19 restrictions, Hong Kong's economy has begun to recover, fuelled by growth in tourism and private consumption. The city's economy expanded 2.2% in the first half of 2023 year-on-year and is expected to grow between 4% and 5% for the full year. However, the path to full recovery remains uneven, particularly with geopolitics tensions rising and mainland China, its largest trading partner, struggling to rebound quickly.