New York Financial News

SandboxAQ said on Wednesday it has raised more than $300 million in funding, valuing the startup spun off from Alphabet at $5.6 billion, as it aims to fast-track the development of advanced artificial intelligence systems for computation. The new funding, from investors including New York-based investment firm Fred Alger Management, T. Rowe Price, and Breyer Capital, will be used to accelerate the development of its large quantitative models (LQMs) and other AI applications in industries from healthcare to finance. This follows a $500 million fundraising last year to build its quantum computing platform to serve business customers.

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

A grand jury in Washington has returned an indictment against former Congressman David Rivera for failing to register as a foreign agent of a sanctioned Venezuelan media tycoon on whose behalf the Miami Republican allegedly lobbied the Trump administra...

Billionaire author and philanthropist MacKenzie Scott acknowledged $2 billion in 2024 donations in a blog post on Wednesday, bringing the total she’s given away since 2019 to $19.2 billion

New York prosecutors are using a 9/11-era anti-terrorism law in their case against the man charged with killing UnitedHealthcare’s CEO

A friend of brothers who are prominent in luxury real estate in Florida and New York and are charged with sex trafficking and assault has surrendered to face an allegation that he helped two of them rape a woman nearly a decade ago

We're in the dying light of the fourth quarter, but banks are still making strategic hires. And when they find the right person, they are promoting them too. 

Fresh from promoting Brian Carosielli as global head of credit trading, Bank of America has made some new changes to its credit business. It hasn't hired any new traders. It has given its existing big credit traders some even bigger jobs. 

The holidays are meant to be a time of celebration with family and friends

Svetlana Dali certainly is tenacious.The alleged Delta Air Lines stowaway is, once again, making headlines — this time for trying to sneak her way into Canada, reportedly cutting off her ankle monitor before boarding a Greyhound bus to the Great White North.Dali, a 57-year-old Russian national, was taken into custody in Paris late last month after she snuck onto a Delta Air Lines flight at New York’s JFK International Airport without a boarding pass on Nov. 26 and flew all the way to Charles de Gaulle Airport in Paris, apparently concealing herself by spending long periods of time in the plane’s multiple bathrooms.She was detained when authorities discovered she didn’t have a valid visa to enter the country, French National Police said at the time.After two unsuccessful attempts to deport her back to the U.S.

Kuwait is also home to a large Indian diaspora and was a key supplier of liquid medical oxygen to India during the deadly Delta wave of Covid in 2021. There are plans to put in place a maritime component to the partnership. Regional developments including the situation in Gaza and Syria are expected to figure in the discussion agenda during the PM’s visit.

The man accused of killing UnitedHealthcare’s CEO is charged with murder as an act of terrorism

In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes office in January

UAPs) across several US states which included New York, New Jersey and Pennsylvania have eventually sparked widespread speculation and conspiracy theories, reported Metro. According to Metro, these sightings have been attributed to various explanations which include drones, planes and even potential foreign surveillance. During such times, the FBI has stated that they do not pose a national security threat but the lack of clarity has fueled panic among the public. Also Read :Landman: Here’s Episode 7 release date, where to watch, upcoming episode schedule and cast

Subscribe to enjoy similar stories. ‘The Lovers’, a Francis Newton Souza artwork that made headlines at an auction of South Asian Modern and Contemporary Art by Christie’s in New York in March, is one of the 10 most expensive paintings sold by the iconic British auction house this year.

An Alabama woman received a pig kidney transplant last month and is free from dialysis for the first time in eight years

A Russian woman who was arrested after she stowed away on a flight from New York City to Paris last month has been arrested again in Buffalo

“Bluey” is heading to the big screen

Rex Heuermann's case has drawn significant attention due to its complexity and the number of victims involved over many years. Heuermann a 61-year-old architect from New York has been identified as the primary suspect in a series of murders known as the Gilgo Beach killings. Prosecutors claim they have substantial evidence linking Heuermann to multiple murders, but he maintains his innocence. He was arrested last year and has since been charged with multiple counts of murder, including a recently added charge for the death of Valerie Mack, bringing the total number of murder charges against him to seven. Heuermann has pleaded not guilty to the charges related to the six women previously identified, known as the «Gilgo Four,» whose remains were discovered on Long Island. He lived with his family in Massapequa Park on Long Island and commuted to a Manhattan architecture office. Also Read: All of a sudden Biden and Co says drone mystery has been solved; here's the reason they cited

President-elect Donald Trump told reporters that he would consider pardoning embattled New York Mayor Eric Adams, said the country was “not going to lose” the polio vaccine and weighed in on the flurry of drone sightings over New Jersey during a freewh...