New York Financial News

Sports betting company DraftKings has apologized after using the Sept. 11, 2001, terror attacks to entice people to bet on baseball and football games

Stocks that are trading heavily or have substantial price changes Monday: Qualcomm, Meta Platforms rise; J

A tortilla chip maker’s decision to pull its extremely spicy product sold as a “One Chip Challenge” from store shelves following the death of a Massachusetts teen has renewed attention on the popularity — and risks — of similar dares marketed by brands...

(Reuters) — The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing. The federal government has already approved several large-scale projects so far, with the first two — Vineyard Wind 1 and South Fork — expected to deliver first power by the end of this year, and about a few dozen projects are in different stages of development. Some 27 power offtake contracts totaling more than 17 GW had been signed by the end of May, according to a U.S. Department of Energy report published on Aug. 24. However, inflation, supply bottlenecks and higher financing costs have eroded profitability of many projects, forcing some to cancel the offtake agreements, while others are still seeking to renegotiate the terms, the report said.

Investing.com-- Gold prices rose on Monday, taking some relief from a drop in the dollar ahead of key inflation data due this week, while copper prices rose sharply as Chinese inflation data showed some signs of improvement.

Tesla chief Elon Musk and his partner Grimes have welcomed their third child. The name of Elon Musk's third child with partner Grimes is Techno Mechanicus aka Tau. In an X post, Grimes declared, «Hey, I wud prefer to not breathe any more life into this current press cycle but I want to de-escalate the narrative atm.» Earlier on September 9, in a New York Times book review of a biography of Musk by Walter Isaacson, the name of the third child was revealed. Now, both the parents have confirmed it separately.

Queen Latifah sang the national anthem ahead of the Sunday Night Football’s New York Giants vs Dallas Cowboys game on Sunday night at New Jersey’s MetLife Stadium. She rendered the national anthem through a moving jazz and musical theater-informed arrangement of «The Star-Spangled Banner». She delivered a pitch-perfect performance eliciting cheers from the packed stadium by the final note. The New Jersey native is a superstar in the hip-hop genre of music and she has produced the Grammy-winning 'U.N.I.T.Y.'. Her song 'All Hail the Queen ' was selected for preservation in the United States National Recording Registry by the Library of Congress earlier this year. She has also tried jazz, film and television. Her 2004 album 'The Dana Owens' reached number 16 on the Billboard 200 and earned a Grammy nomination for best jazz vocal album. It was followed by a second jazz album Trav'lin' Light in 2008. It also earned a Grammy nomination for Best Traditional Pop Vocal Album. Queen Latifah was nominated for an Academy Award for her performance in 2002’s 'Chicago'. She won an Emmy in 2016 for the acclaimed 'Bessie' television movie. She currently stars in the television show 'The Equalizer' on CBS.

By Stephen Culp

Now-defunct crypto exchange FTX  holds approximately $7 billion in assets, including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC).

JPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy is doing well, it would be a «huge mistake» to believe that it will last for years.

(Reuters) — The United States should think about eliminating corporate subsidies, including to energy companies, U.S. Deputy Treasury Secretary Wally Adeyemo said in New York on Monday.

By Saeed Azhar

Gina Rinehart has not ruled out launching a bid to rival Albemarle’s $6.6 billion takeover tilt at Liontown Resources after confirming she now holds a strategic stake in the West Australian lithium prize.

(Reuters) — Instacart is aiming for a valuation of up to $7.73 billion in its initial public offering in New York, the grocery delivery service said on Monday, in another step toward a hotly-anticipated listing.

Morgan Stanley has pushed back against Treasury bears, saying investors should buy US sovereign debt as markets may be too optimistic over the prospect of a soft-landing for the economy.

Instacart on Monday submitted an updated filing for its upcoming initial public offering, saying it is looking to raise up to $616 million of fresh capital alongside existing shareholders.

Diplomats and analysts said the surprise consensus in the summit statement on the Russia-Ukraine conflict avoided a split in the group, and the inclusion of the African Union as a new member represented a victory for host India and for developing economies, but the rest was disappointing. «The G20 has been at its best as a multilateral forum when it can forge consensus — not just on language, but on action — to deal with serious global issues, such as global financial crises,» said Michael Froman, president of the New York-based Council on Foreign Relations. «Looking ahead, the focus should be on that, not on the statement per se,» said Froman, a former U.S.

Ralph Lauren took over a different New York city borough — Brooklyn — with a sumptuous event that marked his return to NY Fashion Week after four years and brought out stars like Jennifer Lopez, Julianne Moore, Diane Keaton, Mindy Kaling, Gabrielle Union, James Marsden and many others. After crossing the country last year to stage a lavish show at the grand Huntington Library in San Marino, California, Lauren returned to his home base of New York with Friday's show in a cavernous warehouse space at the Brooklyn Navy Yard, transformed into a reimagined artist's loft. He decorated the space with rustic wood and draped canvases, and added glittering chandeliers above. None other than Christy Turlington closed out the runway show of Lauren's Spring 2024 women's collection, the 53-year-old supermodel looking regal in a one-shouldered gown in shiny gold.

Lithium-play Liontown Resources has allowed New York-listed Albemarle into its data room to undertake exclusive due diligence for four weeks, kicking off the $6.6 billion sale of the Perth-based miner.

Wordle is an amazingly interesting game which has gained popularity worldwide for its amusing game of word play. It is like a hands-on game initially but when you get more into the game, it requires a lot of brain-storming, permutations and combinations.

The chief executive of Mexican fast-food chain Guzman y Gomez, Steven Marks, says he is “not going anywhere” and will keep his grip on the ASX-hopeful as it eyes an initial public offering as soon as next year.