New York Financial News

21.07 / 20:07

UPS Entertainment show American Express profit rises, but it sets aside more money for possible defaults

American Express saw its profit and revenue climb in the second quarter, but the credit card issuer and global payments company’s stock slipped before the market open as it set aside more money for possible defaults on payments

21.07 / 20:07

UPS NASDAQ DOW COMPOSITE week Stock market today: Wall Street heads for another winning week as stocks drift

Wall Street is heading toward another winning week as stocks find some stability following their slide from a day before

21.07 / 20:07

COST UPS Amazon Walmart Walmart slashes price of its online subscription service for those on government aid by half

Walmart, the nation’s largest retailer, will offer its online subscription service at half off for those on government assistance, a move that should help perk up membership

21.07 / 20:07

Citi Action Parke film Actor show performer Actors and writers on strike rally in Philadelphia and Chicago as union action spreads

Striking screenwriters and actors are holding rallies in Philadelphia and Chicago Thursday as the labor dispute that has halted Hollywood spreads to more cities

21.07 / 19:43

Career Harmonic Brian Harman-Butch Harmon connection: Are the two renowned PGA Tour golfers related?

Brian Harman took over with four consecutive birdies in the second round. Harman, with two PGA Tour victories, aims for a triumph. Despite sharing a similar last name, he is unrelated to Butch Harmon, Tiger Woods' instructor. Both Harman and Harmon are renowned PGA Tour golfers but have no familial connection. In short, the two are not related in any way. It leaves us to question who is Brian Harman and who is Butch Harmon?

21.07 / 18:05

markets Ripple XRP Payments Altcoin SEC XRP price searches for a fresh bullish catalyst to trigger a move above $1

XRP (XRP) price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling to hold on to these gains.

21.07 / 17:51

Aware Action Racing country controversy Texas A&M University president Katherine Banks resigns amid hiring controversy; Here’s what happened

In a statement, the A&M System confirmed that President Katherine Banks took responsibility for the flawed hiring process of Kathleen McElroy, a former New York Times editor chosen to lead the journalism department's revival. The hiring decision faced significant pushback and garnered widespread national attention, with McElroy being portrayed as a victim of what was described as «anti-woke» hysteria and outside interference in the faculty hiring process. The controversy arose due to McElroy's previous work on race and diversity in newsrooms.

21.07 / 17:51

UPS Provident Target Edison regulatory Consolidated Edison raised to Buy at BofA as regulatory de-risk opens up re-rating opportunity

BofA upgraded shares of Consolidated Edison (NYSE:ED) to Buy from Neutral, lifting the price target from $92 to $103 in a note to clients on Friday.

21.07 / 17:45

CEO Action US DoJ FTX Founder SBF Accused by US DOJ of Leaking Ex-Alameda Research CEO's Private Diary

FTX founder and former CEO Sam Bankman-Fried (SBF) faces multiple charges of fraud, wire fraud, money laundering, and more by US prosecutors.

21.07 / 17:39

UPS Target Reuters country week Oil up 4th week on Russia saber-rattling, OPEC rhetoric

Investing.com — OPEC’s bid for $80 and above oil got a boost from ally Russia this week as Moscow’s increasingly desperate offensives against Ukraine raised supply concerns in a market already besieged by the oil cartel’s rhetoric over cuts.

21.07 / 17:15

COST UPS show track Should you tell your kids how much they’ll inherit?

To tell or not to tell, that is the question facing parents with regard to the amount of their kids’ inheritance.

21.07 / 17:05

UPS Provident show performer Hedge fund industry lures $3.6 billion in fresh money in Q2 - HFR

NEW YORK (Reuters) — Investors poured $3.6 billion in fresh money into global hedge funds in the second quarter, data provider HFR said on Friday, helping drive the industry's assets up.

21.07 / 15:57

Law regulation Bitfinex crimes Money laundering Deal Couple behind Bitfinex money laundering scheme reach plea deal with US prosecutors

The husband and wife alleged to have laundered billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack have reached a plea agreement with authorities in the United States.

21.07 / 15:05

UPS Telegram show The Apollo lifeboat is still taking on Credit Suisse veterans

Credit Suisse veterans are still showing up at Atlas, the Apollo securitization vehicle containing the former Credit Suisse securitized product group.

21.07 / 15:05

Telegram Chase Odyssey show The private equity recruitment season started, earlier than ever

If you're a first year analyst in an investment bank in the US and you're not waiting for the phone to ring, you haven't been paying attention.

21.07 / 14:47

Legendary musician Tony Bennett dies at 96

Tony Bennett, the eminent and timeless stylist whose devotion to classic American songs and knack for creating new standards such as I Left My Heart In San Francisco graced a decades-long career that brought him admirers from Frank Sinatra to Lady Gaga, died Friday. He was 96, just two weeks short of his birthday.Publicist Sylvia Weiner confirmed Bennett’s death to The Associated Press, saying he died in his hometown of New York.

21.07 / 13:21

Progressive Extreme awards performer concert pop Tony Bennett, American master pop vocalist, dies at 96

Primetime Emmy Awards. The "I Left My Heart In San Francisco" hitmaker had also earned extreme admiration and respect from Frank Sinatra to Lady Gaga. Publicist Sylvia Weiner confirmed Bennett's death to The Associated Press, saying he died in his hometown of New York.

21.07 / 10:47

Microsoft CEO Platform Gap Oracle Tesla elon Elon Musk loses $20B but remains world’s wealthiest

Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the prices of its electric vehicles, sending shares tumbling.

21.07 / 10:45

regulation FTX Court Bitcoin US DoJ US DoJ accuses FTX founder of leaking private diary of Caroline Ellison

The United States Department of Justice (DoJ) filed a complaint against FTX founder Sam Bankman-Fried (SBF), accusing him of leaking the private papers of Caroline Ellison, who was once his business ally and romantic partner.

21.07 / 09:49

Provident Amazon Entertainment Actor performer star Deal week Actors and writers strikes enter second week with no signs of a deal to get Hollywood working again

Hollywood actors and screenwriters is entering its second week with no sign that a swift ending will be achieved. For a week, actors including household names like Tina Fey, Kevin Bacon and wife Kyra Sedgwick, Rosario Dawson, David Duchovny and other stars have joined working class performers and writers on picket lines outside studios and corporate offices of streaming giants Amazon, MAX and Netflix.

21.07 / 09:17

Microsoft Google Platform show OpenAI, Google, others pledge to watermark AI content for safety -White House

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