New York Financial News

Famed hedge fund manager Dan Loeb has been named as one of the headline acts for next month’s Sohn Hearts & Minds philanthropic investment conference to be held in Sydney.

FTX founder Sam Bankman-Fried, known for his appetite for risky bets, is mulling perhaps his biggest gamble yet: testifying in his own defense. The onetime crypto star, on trial in New York on allegations of fraud, money laundering and other offenses, has spent nearly three weeks watching some of his former close friends and colleagues take the stand and offer what appeared to be damning testimony. Bankman-Fried, they told jurors, knowingly directed and committed an array of criminal acts that led to the collapse of the FTX crypto exchange and the loss of billions of dollars in customer funds.

WASHINGTON—Big energy producers are sparring over billions of dollars in subsidies from last year’s climate law, a fight that pits the Biden administration’s goals for economic growth against its efforts to reduce greenhouse-gas emissions. The battle is over subsidies to produce clean hydrogen, a potential alternative to oil and natural gas in industries such as steelmaking and trucking where renewable energy and batteries alone aren’t adequate.

London | The world’s media magnates and billionaires are circling a rare chance to buy themselves a Fleet Street trophy, with two venerable Tory titles now officially on the sales block.

Instagram pages. The very idea of it, for a 1980s child, is confounding. I suppose a social media page can be powerful the same way a good Fifa PlayStation player can call themselves 'an important footballer'.

The fallout from the Israel-Hamas war has spilled into workplaces everywhere, with corporate leaders from the highest ranks of prominent companies weighing in with their views while workers complain their voices are not being heard

NEW YORK -It was a gas, gas, gas in a club on Manhattan's West Side late on Thursday, where the Rolling Stones held a private launch party for their first new album in 18 years. The Stones, in their seventh decade as a rock 'n roll band, tore through a half-dozen songs for a crowd of hundreds at the Racket NYC club in support of the album 'Hackney Diamonds,' which has garnered the band some of its best reviews in decades.

New York cops this week arrested and charged a 26-year-old for committing a hate crime against a Sikh teenager. According to reports, the man — identified as Christopher Philippeaux — attacked the victim on a New York City MTA bus.

By Lewis Krauskopf

By Jack Queen and Jasper Ward

The Federal Bureau of Investigation (FBI) filed charges on Wednesday against six individuals for allegedly running an unlicensed money-transmitting business involving $30 million in cryptocurrencies. 

Donald Trump faces the possibility of being held in contempt by Judge Arthur Engoron in his ongoing civil fraud trial. The judge issued a stern warning after a social media post on Trump's campaign website, which had been ordered to be removed, remained visible for weeks. Judge Engoron deemed this prolonged retention of the post as a «blatant violation» of his October 3rd order, which required Trump to promptly delete the offending message.

FTX cryptocurrency empire, another reckoning for digital currencies is underway: Governments around the world are intensifying their crackdown on sources of funding for terrorist groups — including crypto — after Hamas’s bloody attack in Israel that claimed more than 1,400 lives and led to retaliatory attacks that have killed thousands. Crypto is a small but deadly slice of overall terrorism funding: Research by analytics firm Elliptic in 2021 estimated that wallets linked to Hamas’ military wing had received more than $7.3 million in crypto, including around $40,000 in Dogecoin, the dog-themed memecoin favored by Elon Musk. These sums aren’t much compared with the $100 million that Iran sends annually to Hamas and other Palestinian terror groups or with Qatar’s $360 million in aid for Gaza, or the approximately $300 million Hamas gets via business taxation and extortion estimated by the Washington Institute’s Matthew Levitt.

A new documentary “Uncharitable,” from “Paris Trout” and “Losing Isaiah” director Stephen Gyllenhaal, puts the long-running debate in the nonprofit sector over the role of overhead back in the spotlight

By Shubham Batra and Shashwat Chauhan

Reuters. The largest cryptocurrency by circulation, jumped as high as $30,022, its highest since July 23. It was last up 4 percent on the day.

Donald Trump is settling into a new role: defendant. The front-runner for the Republican presidential nomination spent two days this week in a Manhattan courtroom where a civil fraud trial is unfolding. Trump is accused of grossly inflating his net worth and the value of marquee assets on paperwork used to secure financing and make deals. In the courtroom, Trump is often subdued, sitting between his lawyers and staring straight ahead with a scowl as he studiously ignores his adversary, New York Attorney General Letitia James.

Marvel's Spider-Man 2, your path to becoming the ultimate web-slinger is paved with the acquisition of Tech Parts. These vital components enable you to unlock various suits and gadgets that bestow you with awe-inspiring powers. We delve into the art of accumulating Tech Parts rapidly while swinging through New York's colossal open world.

Since its inception, India Circus has been a trailblazer in the field of interior decor through its wide array of products ranging from vibrant cushion covers and exquisite tableware to elegant wall art and eclectic furniture pieces, India Circus consistently delivers stylish yet affordable solutions to elevate aesthetics. As one of the very few design houses in India dedicated to providing private label designs, the brand has been reshaping the market with its commitment to preserving timeless Indian design heritage and adding that touch to every consumer’s space, at home or outside of it.

Despite a challenging day for the crypto market, Bitcoin price remained steadfast above the $29,000 threshold. This stability can likely be attributed to Fidelity's recent modifications to its Bitcoin ETF proposal. 

By Saqib Iqbal Ahmed