New York Financial News

NEW YORK (Reuters) — The U.S. Securities and Exchange Commission (SEC) on Tuesday asked a federal judge to deny a motion from Coinbase (NASDAQ:COIN) Global to dismiss the regulator's lawsuit against the cryptocurrency exchange.

Investing.com — The selloff in gold slowed the first time in nearly two weeks on Tuesday after the yellow metal hit a new 7-month low on the back of the virtually non-stop surge in Treasury yields and the dollar’s accompanying surge to 11-month highs.

Digital personal financial services company SoFi Technologies (SOFI) has reached an agreement with a company founded by Tiger Woods and Rory McIlroy to be the presenting sponsor of a new team golf league, in a deal that includes naming rights for an arena in Florida.

With no winner announced on Saturday, Monday night's Powerball jackpot amounts to a whopping $1.04 billion.

By Doyinsola Oladipo

A New York court has set the criminal trial for former Celsius Network CEO Alex Mashinsky to begin on Sept. 17, 2024.

The criminal trial of former FTX CEO Sam Bankman-Fried (SBF) is currently underway in New York, and his legal team has filed motions aiming to ban testimony from users and investors in the exchange.

Donald Trump’s business fraud trial in New York will move on Tuesday to the more plodding task of going through years of his financial documents in what’s expected to be a weekslong fight over whether they constitute proof of fraud.An accountant who prepared Trump’s financial statements for years is expected to be back on the witness stand for a second day.Trump, who spent a full day Monday as an angry spectator at the civil trial, said he’ll be back at the defense table.“See you in Court on Tuesday morning!” Trump posted on his Truth Social platform.The trial is the culmination of a lawsuit in which New York Attorney General Letitia James, a Democrat, has accused the Republican former president of deceiving banks, insurers and others for years by giving them papers that misstated the value of his assets.Judge Arthur Engoron delivered an early victory to James last week, ruling that Trump committed fraud by exaggerating the size of his penthouse at Trump Tower, claiming his Mar-a-Lago estate in Florida was worth as much as $739 million and putting similar oversized valuations on office towers, golf courses and other assets.The non-jury trial concerns six remaining claims in the lawsuit and how much Trump might owe in penalties. James is seeking $250 million and a ban on Trump doing business in New York.

Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25.

By Jonathan Stempel

NewsClick in connection with its probe into a case filed under the anti-terror law UAPA following allegations that it received money for pro-China propaganda. The news media house has been under investigation for allegedly receiving funds from China.

While the investing world has some famous names – Warren Buffett and Cathie Wood to name just two – there are also many celebrities who are seasoned investors.

Forex trading can be done through forex brokers or financial institutions that provide access to the market and the necessary trading tools. It's important to note that forex trading involves risk and requires knowledge, experience, and careful analysis. The most active currencies are the major currency pairs.

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: a sell initiation at WK Kellogg, and downgrades at Airbnb, Norfolk Southern , and Bread Financial.

Airbnb CEO and co-founder Brian Chesky has dubbed the company a ‘fundamentally broken business’, which is certainly unusual. CEOs normally sound upbeat and Chesky, on the face of it, has reasons to be optimistic. The company has global brand recognition and is the pioneer in a business with strong traction.

Taylor Swift's «Eras Tour» film, which is set to premiere on October 13, is already positioned to break records as the highest-grossing concert documentary in history. While it requires no additional promotion due to its immense anticipation, Taylor Swift's world naturally thrives on publicity, and that's precisely what «Taylor Swift: The Eras Tour» film is receiving. During Sunday night's Kansas City Chiefs vs.

By Jody Godoy and Luc Cohen

By Jack Queen

By Caroline Valetkevitch

Investing.com — No market operates in a vacuum — including oil, no matter what the proponents of higher crude prices think.

During an October 2 hearing regarding the approval of its reorganization plan, the bankrupt crypto lender, Celsius Network, informed a judge of its intention to initiate repayments to its customers by the end of the year.