New York Financial News

By Mrinmay Dey

A raft of reforms rolled out to aid the financial sector in recent weeks will increase the City’s competitiveness “at pace” after years of “distractions”, according to leading lawyers and regulatory experts.

₹10 lakh in today’s money. Today, for half that amount, you can get a first-class return ticket on a Mumbai-New York flight. Billionaires who undertake outlandish space and marine missions are pioneers who pave the way for the same adventures to become mass market.

By Kailyn Rhone and Arriana McLymore

Blockchain-based digital payment network Ripple has applied for a crypto license in the UK and Ireland after its partial win against the US Securities and Exchange Commission.

₹18,100 crore and ₹26,058 crore PLI scheme for auto, auto-components, and drone industries. "We have told Tesla that the policies, which are already there for all, they can also apply under that PLI. They are welcome.

A married New York couple is preparing to plead guilty to charges of conspiring to launder billions of dollars worth of Bitcoin (BTC), which was stolen during the notorious 2016 hack of crypto exchange Bitfinex. 

Salman Rushdie at a social event. He was looking well. And while I was filled with relief and felt uplifted on seeing the images, it was a severe jolt to see again his customised spectacles, one dark lens covering the eye he had lost in the brutal stabbing at a public event in upstate New York in August 2022.

Juel Taylor has revealed the inspiration behind his first film as a director, They Cloned Tyrone. Taylor is a co-writer on Creed II (2018) and Space Jam: A New Legacy (2021). They Cloned Tyrone is a science-fiction comedy inspired by movies like The Truman Show and even bits of Taylor’s personal life. Here’s what the director said.

U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race to undermine China's dominance of the field. The IRA includes a clause that automatically qualifies EV battery materials recycled in the U.S. as American-made for subsidies, regardless of their origin. That is important because it qualifies automakers using U.S.-recycled battery materials for EV production incentives. Reuters interviewed more than a dozen industry officials and experts who say that is kicking off a U.S. factory building boom, encouraging automakers to research more recyclable batteries, and could eventually make it harder for buyers in developing countries to buy old used EVs.

As Bitcoin's trading volume reaches $10 billion, the cryptocurrency stands firm at the $30,000 level, sparking discussions about its next move. 

Trump in the Classified Documents case will start on May 20 next year, after the federal judge overseeing the matter set the date on Friday, New York Times reported. Notably, this is a sort of middle position between the US government's request to go to trial in December this year and Trump's desire to push the proceeding until after the 2024 election.

Google in response came up with Bard. However, it seems Google has bigger plans now. It is now working on a new AI tool, dubbed Genesis which can help in generating news content, first reported by The New York Times.

Netflix shows for this year keeps growing. Here are all the high-profile cancellations that have been announced. Despite the cancellations, Netflix remains committed to renewing numerous shows, ensuring that more than 150 series are set to return for future seasons at any given time.

Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by publicly disclosing personal things she wrote while she was the chief executive at his cryptocurrency hedge fund trading firm

As the deadline to reach a new contract nears, a potential UPS strike feels closer than ever

Waves of pink-clad moviegoers passed under carboard palm trees on the frenzied first day of “Barbenheimer.”

More than 345,000 children’s cups are being recalled due to lead levels that exceed the federal content ban, the U.S. Consumer Product Safety Commission said Thursday

Donald Trump’s company and his former longtime lawyer and fixer Michael Cohen have settled a lawsuit over Cohen’s claims he was unfairly stuck with big legal bills after getting entangled in investigations into the former president

Stocks that are trading heavily or have substantial price changes on Friday: Scholastic, Autoliv rise; American Express, CSX fall

The Biden administration has announced plans for the first sale of offshore wind power leases in the Gulf of Mexico off the Louisiana and Texas coasts