New York Financial News

15.08 / 05:15

Career Entertainment love rock Clarence Avant, ‘Black Godfather' of entertainment, and benefactor of athletes and politicians, dies

Clarence Avant, the manager, entrepreneur, facilitator and adviser who helped launch or guide the careers of Quincy Jones, Bill Withers and many others and came to be known as the «Black Godfather» of entertainment and beyond has died at 92

15.08 / 05:15

COST UPS Progressive Fighting Airlines show social 2024 Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024

The White House is taking on “junk fees,” those extra charges tacked on to plane tickets, hotel rooms, hospital bills and more

15.08 / 05:15

UPS Exodus UBS country fraud case Financial UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases

UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street’s role in the housing bubble of the early 2000s, which ultimately led to the 2008 financial crisis and Great Recession

15.08 / 05:15

Citi Booking Fox CEO CBS show Executive Wendy McMahon and Ingrid Ciprian-Matthews take lead news executive roles at CBS

CBS has appointed Wendy McMahon to a new top role supervising CBS News, its local stations and syndicated programming

15.08 / 05:15

UPS Citi BLOCK Celebrity Inside pop NYC outdoor dining sheds were a celebrated pandemic-era innovation. Now, there's a new set of rules

Outdoor dining was a rare part of the pandemic that many people actually liked

15.08 / 05:15

UPS Aviat Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker

Industrial conglomerate Esmark says it has made an all-cash bid to buy U.S. Steel that values the iconic steelmaker at $7.8 billion

15.08 / 05:15

Manufacturing CEO US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives

United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers

15.08 / 03:39

COST UPS Target FIVE Man Drop Americans' inflation expectations drop to lowest level in two years

Slatestone Wealth chief market strategist Kenny Polcari says Americans are reconsidering what the CPI report means on 'Making Money.'

15.08 / 03:37

UPS Target FIVE Waters RIO country Takeover NOT Lithium explorer Azure says $900m SQM takeover offer not enough

Lithium heavyweight SQM faces having to stump up well over $1 billion to secure a Perth-based exploration company worth just $70 million at the start of the year after having initial takeover offers rejected.

15.08 / 03:31

UPS Lowe's NASDAQ NVIDIA country 500 end S&P 500, Nasdaq end up as Nvidia surge leads megacap higher

Nasdaq closed higher on Monday as shares of chipmaker Nvidia surged following a bullish note from Morgan Stanley, leading gains in other megacap growth stocks. Nvidia jumped 7.1%, its biggest single-day increase since May 25, when its 24% surge on a stellar revenue forecast pointed to the game-changing potential of artificial intelligence. The rally in the chipmaker's stock pushed the information technology index 1.85% higher, making it the strongest of 11 S&P 500 sector indexes.

15.08 / 01:47

COST UPS Maxim Strategy show Time Thinking of buying a new pair of jeans? Breaking down the cost over time might help you decide

Shoppers are looking beyond just the price tag of a skirt or a pair of pants in the wake of still stubbornly high inflation

14.08 / 22:39

Ripple regulation SEC Federal Reserve FTX SBF jailed, FTX partners under attack: Law Decoded

The FTX affair continues to unravel. Sam Bankman-Fried, the former CEO of the failed crypto exchange, will be held in jail through the end of his two upcoming trials. Judge Lewis Kaplan ordered the revocation of the entrepreneur’s $250 million bail following The New York Times report about his alleged attempt to intimidate witnesses. Bankman-Fried faces 12 criminal charges spread across two trials scheduled to begin in October 2023 and March 2024.

14.08 / 22:39

regulation crimes FTX Court Fried Sam Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions

The United States Attorney’s Office has released a new superseding indictment against former FTX CEO Sam Bankman-Fried, which includes allegations of campaign finance law violations as part of a wire fraud scheme.

14.08 / 22:39

business Bankruptcy Celsius settlement Customers Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay

Bankrupt crypto lender Celsius can start sending out ballots to its customers for a vote on a proposed settlement plan that would see a consortium called Fahrenheit buy Celsius’ assets and launch a new company. That company would distribute Celsius assets and equity in the new company to its customers.

14.08 / 21:43

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite down more than 100 points, U.S. stock markets rise

Canada’s main stock index closed down more than 100 points Monday on broad-based weakness, while U.S. stock markets rose after a day of mixed trading.

14.08 / 21:41

Progressive Disney CEO Strategy Starbucks Solomonic Lloyd Blankfein says he 'can’t imagine' returning to Goldman Sachs

In this article

14.08 / 20:45

UPS Booking ETF NASDAQ show Hanesbrands Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100

By David Randall and Saqib Iqbal Ahmed

14.08 / 20:45

Citi Provident FIVE Fox star MDC Jail Fried Bankman-Fried heads to Brooklyn jail notorious for poor conditions

By Luc Cohen

14.08 / 20:01

regulation crimes FTX Court Medicine Lawyers Fried Sam Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers

The legal team defending Sam Bankman-Fried (SBF) against criminal charges has requested a federal judge allow the former FTX CEO to have access to antidepressants while in jail.

14.08 / 19:37

Lowe's Action Tesla show performer Tesla reignites EV price war with new round of cuts in China

Tesla cut prices again in China, sending auto stocks tumbling on concerns the move will rekindle an international price war that had shown signs of abating.

14.08 / 19:37

UPS Provident Waves Deal BDO USA partners in line for windfall after $2b debt deal with Apollo

New York | Senior partners at accounting firm BDO USA are in line for a big windfall after the arrangement of a $US1.3 billion ($2 billion) debt deal with Apollo Global Management, according to people familiar with the situation.

latest developments in New York

What is the current situation in New York?

In New York, the spotlight is on major events that impact the interests of residents.

Where can I find reliable news about New York?

We publish in-depth coverage about the situation in New York, based on information from official representatives.

What shapes the media agenda in New York?

The news landscape of New York is shaped by major cultural and social events, reflecting its specific characteristics.