New York Financial News

By Jonathan Stempel, Dietrich Knauth and Manya Saini

According to a legal filing on August 16, FTX, the bankrupted cryptocurrency exchange, and its CEO, John J. Ray III, have submitted a motion to settle with Genesis entities for $176 million.

Mastercard is forming a partnership program with seven prominent blockchain and payment technology providers to “bring a greater understanding of the benefits and limitations” of central bank digital currencies (CBDCs), it announced Aug. 17. 

By Gram Slattery

By Chris Prentice and Brenna Hughes Neghaiwi

BET won’t be sold after all: Paramount Global decided against selling the majority stake of the network

The Red Lake Nation in northwestern Minnesota plans to roll out a mobile marijuana dispensary that will operate only on tribal lands

Social media is full of scammers promising guaranteed returns on investment, and consumers lost $3.8 billion to them last year just in the U.S., according to the Federal Trade Commission

More than 1.5 million dehumidifiers are under recall following reports of nearly two dozen fires, the U.S. Consumer Product Safety Commission said Wednesday

Walmart is reporting strong second-quarter sales results as the retailer’s low-price model continues to attract budget conscious consumers in a tough economic environment

Q2 earnings season ended up yielding better-than-anticipated results, albeit not by a hefty margin. On average, S&P 500 companies posted a modest +7% growth in earnings per share and a +2% in revenue quarter-on-quarter.

divorce her husband and send approximately $10,000 worth of gift cards to an imposter posing as an actor from the popular Netflix series "Stranger Things." The tale unfolds with McKayla, an aspiring filmmaker and single mother residing in Kentucky, who shared that she was trapped in a «highly toxic» marriage. Seeking connections and solace, she turned to an online artist forum, as recounted by the YouTube channel Catfished and reported by the New York Post. One day, she received a message from a user identified as «DK MH,» who introduced himself and expressed interest in conversing. The person claimed to be the «well-known actor» Dacre Montgomery, known for his portrayal of Billy Hargrove on the hit series «Stranger Things.» According to sources cited by the New York Post, this «Montgomery» character consistently bemoaned his relationship troubles to McKayla. He wove a narrative about his girlfriend, Liv Pollock, exercising control over his financial accounts, leading to monetary difficulties. Consequently, McKayla found herself gradually sending him money to help alleviate his purported financial burdens. After a year of private messaging, «Montgomery» asked McKayla to become his girlfriend, despite the fact that they had never met in person. He also emphasized the need for secrecy in their relationship. Through their investigation, authorities uncovered that «Montgomery» was an individual assuming the role of a «Romance Scammer.» This type of scammer creates a false emotional bond with their target, exploiting their vulnerability and emotions to ultimately extract financial gains from them.

From storage to weather, rig count and pricing, natural gas is a market for some of the most imaginative bets. And like any card game, the House will almost always have a better hand than yours, no matter your smarts.

Entering the “token era” remains a significant leap into uncharted territory for companies, but this doesn’t have to be the case. Brickken, an up-and-coming tokenizing solution, now helps companies to create digital tokens backed by real-world assets –– with zero downtime and instant execution.

By Anirban Sen and David Carnevali

The Associated Press has issued guidelines for its journalists on use of artificial intelligence, saying the tool cannot be used to create publishable content and images for the news service

By Lewis Jackson and Praveen Menon

hospitality industry. A spokesperson for Chopra Jonas has confirmed this development to PEOPLE, stating that her departure from Sona is a significant move as it allows her to expand her ambitions on a global scale. While the acclaimed restaurant will continue to operate, Chopra Jonas will no longer be creatively involved as a partner.

In an August 14 submission to the U.S. District Court in the Southern District of New York, prosecutors stated their plan to introduce Caroline Ellison's to-do lists and notes as evidence, including a note labeled "Things Sam is Freaking Out About."

Derivatives marketplace CME Group is launching Bitcoin (BTC) and Ether (ETH) reference rates for the Asia Pacific region, in another sign of growing institutional interest in crypto from Asia.

Elon Musk might bid for the US steel as well. But there is no confirmation yet. U.S.