New York Financial News

By Laura Matthews

In a case that is being closely watched by the financial sector, the civil fraud trial against former President Donald Trump regarding allegations of exaggerated property valuations could commence as early as Monday. An appeal by Trump to postpone the trial was dismissed by a New York appeals court earlier Thursday.

New York-headquartered crypto exchange Gemini has decided to quit the Netherlands, following in the footsteps of crypto giant Binance. The company cites its inability to meet regulators’ requirements but says it intends to return to the Dutch market. 

Investing.com — “When push comes to shove” — the phrase seems to be making itself evident with the oil market, where the sharpest correction in nearly two months occurred on Thursday on overbought crude futures that have risen more than 30% since the end of May.

New York | EY is canvassing senior partners on a shortlist of six candidates for global chief executive, following the resignation of Carmine Di Sibio in the wake of the collapse of his plan to break up the accounting firm.

The range is home to one of the world’s largest deposits of olivine, a green mineral that a startup wants to extract, grind up and scatter along shorelines to absorb carbon dioxide from the atmosphere. The world will need to remove billions of tons of CO2 directly from the air each year by the middle of the century to avert the worst impacts of climate change.

Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday Fed rate rises have slowed the housing sector. When it comes to Fed policy actions, «I do believe that's lowered demand,» the official said in remarks given before the Money Marketeers of New York University. But he added a shift to work from home arrangements was helping to underpin the housing market, even as mortgage rates have moved much higher.

Bloomberg has reported. The Securities and Exchange Commission (SEC) and the Justice Department claim that 26-year-old Anthony Viggiano had tipped two of his friends to deals that he heard about while working at the two Wall Street firms. The charges detail how group made more than $400,000 on trades passed around on messaging apps like Signal as well as Xbox chat.

NEW DELHI : The US has urged India to cooperate with Canada’s investigation into the killing of Hardeep Singh Nijjar, state department spokesperson Matthew Miller said before a meeting between foreign minister S. Jaishankar and his opposite number, secretary of state Anthony Blinken.

New York Jets at MetLife Stadium, according to reports. The 33-year-old singer is reportedly dating Kansas City Chiefs player Travis Kelce. In Week 3, Swift graced Arrowhead Stadium for the Chiefs' game against the Chicago Bears. During the game, Swift joined Travis Kelce's family in a suite and was prominently featured on FOX's broadcast, sitting alongside and enthusiastically supporting Kelce's mother, Donna. Following the game, the pop superstar and the two-time Super Bowl champion, Travis Kelce, left Arrowhead Stadium together, marking their inaugural public appearance as a couple. Travis Kelce called an appearance by Taylor Swift at the Kansas City Chiefs' victory over the Chicago Bears' last weekend «pretty bold», but the All-Pro tight end insisted Wednesday that he wants to keep future details about their relationship private. While Swift is known for keeping her personal life private, Kelce apparently has decided to begin doing the same. Kelce discussed the pop superstar's well-publicized appearance in a suite at Arrowhead Stadium on his podcast, «New Heights with Jason and Travis Kelce». The younger of the Kelce brothers said it was 'awesome' how everyone treated Swift during her time in his suite, and he was in awe of the way the 12-time Grammy Award-winner connected with his mom, Donna. Kelce acknowledged on his podcast Wednesday the widespread interest in him with Swift, adding that he has seen paparazzi suddenly staking out his Kansas City-area home.

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.

Former FTX CEO Sam Bankman-Fried (SBF) will remain in jail at least until the start of his Oct. 3 criminal trial following an order from a federal judge.

Reuters on a question about initial public offering (IPO) plans. AlphaSense helps in extracting relevant data from a trove of public and private content such as equity research, earnings calls, company filings and news.

Infosys and Wipro slumped in trade on Thursday on the New York Stock Exchange as peer Accenture Plc’s growth guidance left investors in dismay. Accenture, which released its earnings for the three months ended August, guided a meagre 2-5% growth in annual revenue in the backdrop of a subdued business environment for IT services. Accenture follows the September-August financial year. For the quarter ending November, the IT major expects revenue to be in the $15.85-16.45 billion range.

Jaishankar on Thursday met US National Security Advisor Jake Sullivan and discussed the progress in bilateral relations between the two countries and ways to take it forward. Jaishankar, who arrived here from New York on Wednesday after addressing the 78th General Assembly session of the United Nations on Tuesday, will meet US Secretary of State Antony Blinken later in the day. «Began my Washington DC visit with a meeting with NSA @JakeSullivan46.

NEW YORK (Reuters) — Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from jail during his fraud trial starting next week.

Ashwin Dani, whose father co-founded one of Asia's biggest paint companies, Asian Paints, where Dani was the non-executive chairman, India's industry has lost an innovative entrepreneur and yoga a tireless evangelist. Dani, a steadfast disciple of legendary Yoga guru BKS Iyengar, had set up an Iyengar Yoga studio at his home in Mumbai. According to Forbes India, Dani's real-time wealth currently stands at $7.7 billion. With Dani's technological expertise and entrepreneurial zeal, Asian Paints lived up to its name and became Asia's second-biggest paint company after decades of leadership in the Indian market.

After a 148-day strike, Hollywood screenwriters secured significant guardrails against the use of artificial intelligence in one of the first major labor battles over generative AI in the workplace

New York Attorney General Letitia James is no stranger to picking fights with powerful targets

New York-based investment firm Dynasty Equity has bought a minority stake in Premier League soccer team Liverpool

With persistent gridlock in Washington, a government shutdown looks more and more likely ahead of this weekend's deadline