New York Financial News

Donald Trump and several allies were indicted in Georgia on Monday, accused of scheming to illegally overturn his 2020 election loss in the state. It's the fourth criminal case to be brought against the former president and the second to allege that he tried to subvert the results of the vote.

WASHINGTON (Reuters) -Former U.S. President Donald Trump plans to skip the first Republican primary debate next week and instead sit for an online interview with former Fox News host Tucker Carlson, the New York Times reported, citing people briefed on the matter.

Elon Musk this week. The Tesla and SpaceX CEO dubbed the US Presidential hopeful a “very promising candidate" and urged people to listen to an interview of Ramaswamy. The 35-year-old is one of three Indian origin Republicans set to contest against Donald Trump in the upcoming primaries.

NBA, on Thursday, unveiled the schedule for its traditional Christmas Day lineup, featuring a total of five games that will all be broadcasted on ESPN. Arguably taking center stage, the Boston Celtics are set to face off against the Los Angeles Lakers in Los Angeles at 5 pm (ET). Notably, Lakers' superstar LeBron James will mark his 18th appearance on Christmas Day, establishing a new league record. Kicking off the festive basketball extravaganza, the Milwaukee Bucks will square off against the New York Knicks at Madison Square Garden at noon ET. Following that, the Golden State Warriors will challenge the reigning champions, the Denver Nuggets, in Denver at 2:30 pm (ET), leading up to the highly anticipated Boston Celtics-Los Angeles Lakers showdown. The excitement will continue as the Miami Heat welcome the Philadelphia 76ers to Miami, with the game tipping off at 8 pm (ET). Bringing the Christmas Day basketball festivities to a close, the Dallas Mavericks will go head-to-head with the Phoenix Suns in Phoenix at 10:30 pm (ET).

By Saqib Iqbal Ahmed and Laura Matthews

By Amy-Jo Crowley, Emma-Victoria Farr and Milana Vinn

Investing.com — The conviction that gold has found a secure home at above $1,900 is being challenged by lower monthly milestones in the yellow metal’s price. And a fourth weekly loss.

William Lai returned on Friday from a sensitive visit to the United States, thanking Taiwanese people supporting a trip he said showed the island's «self confidence» venturing into the international community. «Because of everyone's hard work, Taiwan's power is stronger and stronger, and it showed the international community that Taiwan is a force for good, that the international community really pays great attention to Taiwan,» he said.

By Jonathan Stempel

Twitter’ to ‘X’ but the underlying rules remains the same. You can’t last long on the microblogging platform if you are disfavoured by ‘Chief Twit’ Elon Musk! An NYU professor just learned this the hard way. Scott Galloway, a marketing professor and public speaker found himself locked out of X after a spat with the billionaire. Taking to Threads the professor revealed the whole saga. A mutual acquaintance had reportedly reached out to him and claimed that the entrepreneur felt “unfairly attacked” by him and wanted a meeting. Galloway denied. The next day he found himself unable to log in to Twitter. He remained banned for over 17 days. “A mutual friend reached out and said Elon feels “unfairly attacked,” by me, and wants to meet. I declined. 2 days later I was locked out of “X,” reads the post. In an interview with the Insider, Galloway revealed he had tried to log back in, but all his efforts went in vain. “Filled out the form on the site, but no word back,” he told the news portal.

Also read: ‘No president has ever…’ Donald Trump's legal team seeks to postpone trial until 2026; here's why Saurav Ghosh, a former lawyer at the Federal Election Commission and now the director of federal campaign finance reform for the Campaign Legal Center said, “Is that an abuse of donors?" While the legality might be less questionable, using funds raised for a specific purpose – Trump's campaign – for other uses like legal expenses raises concerns about ethical standards. He added, "I think it sets a very bad precedent." The focus on Save America's fundraising strategies has captured the attention of investigators, including special counsel Jack Smith, who has brought indictments against Trump in Washington and Florida.

Bankrupt crypto lender Celsius is set to hold a vote on a plan to sell its asset to Fahrenheit Group following the approval by a judge as the proceeding winds down.

Reality is much more prosaic. Mr. Khan and Gen.

A bright-red 1962 Ferrari 250 GTO with an asking price above $60 million will go to auction this fall in a classic-car market that has continued to accelerate its prices even as other collectibles categories have slowed down. The race car, whose sale will take place in New York during Sotheby’s major fall sales series, is a particularly rare model—one of only 34 produced by Ferrari. It is also one of two GTO models ever raced by Ferrari’s own team, Scuderia Ferrari, before being sold, according to Gord Duff, global head of auctions for Sotheby’s car-auction arm, RM Sotheby’s.

Toddlers are showing up at places once thought of as only for grown-ups, from raves to tattoo parlors. Instead of changing their lives to fit their children, these parents say they are trying to raise kids who fit their lives. They are also looking to avoid paying sky-high babysitting fees.

Investing.com — WeWork (NYSE:WE) shares shed over a fifth of their value in early U.S. trading on Friday after the flexible workplace group announced that it would conduct a one-for-40 reverse stock split.

WeWork the troubled co-working company on the brink of collapse, is moving forward with a 1-for-40 reverse stock split in a bid to save its listing on the New York Stock Exchange.

(Reuters) -WeWork said on Friday it would proceed with a one-for-forty reverse stock split to regain compliance with listing requirements, days after the flexible workspace provider raised «substantial doubt» over its ability to continue operations.

Pavement band drummer Gary Young has passed away at 70. He was the original drummer of the famous indie-rock band, and appeared on their famous debut, 'Slanted and Enchanted'. Gary Young was a drummer, producer, and studio owner. Pavement frontman Stephen Malkmus confirmed the death of Gary Young on social media on Thursday, August 17. “Gary Young passed on today. Gary’s pavement drums were ‘one take and hit record’…. Nailed it so well,” he wrote.

David Ferrucci, the artificial intelligence (AI) researcher who led the team behind IBM Watson’s development - the AI platform developed by IBM, has successfully raised nearly $60 million for his Elemental Cognition AI startup.

The price of Bitcoin (BTC) fell around 8% in a span of 10 minutes, causing the cryptocurrency to dip well under $26,000, before partially recovering.