New York Financial News
21.07 / 08:04
21.07 / 07:59
UPS
FIVE
Microsoft
NOT
Take Five: School's (not) out for summer
LONDON (Reuters) — The peak holiday season is gearing up, but school's not quite out for summer in financial markets.
21.07 / 07:30
MET
Reuters
Cooper
Google
star
Fried
Sam
Prosecutors accuse FTX's Sam Bankman-Fried of witness tampering
Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to US District Judge Lewis Kaplan on Thursday referencing a New York Times article titled «Inside the Private Writings of Caroline Ellison, Star Witness in the FTX Case».
21.07 / 07:09
21.07 / 03:35
21.07 / 03:17
Microsoft
CEO
Platform
Gap
Oracle
Tesla
elon
Elon Musk’s wealth slumps $20 billion as Tesla shares tumble
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. The drop in net worth to $234.4 billion is the seventh-largest decline ever among those in the Bloomberg Billionaires Index, and further narrows the wealth gap between Musk and Bernard Arnault, the world’s two richest people.
21.07 / 03:15
Lowe's
NYSE
Gap
Software
country
Why Infosys shares may have a weak opening in stock market today — explained
Infosys shares may have a gap down opening in stock market's opening bell today. According to stock market experts, in Q1FY24 results, Infosys has cut down its revenue growth guidance to 1 per cent to 3.50 per cent.
21.07 / 01:07
Lowe's
NASDAQ
Gap
Oracle
Tesla
elon
Elon Musk’s wealth slumps $20.3 billion as Tesla shares tumble; narrows gap between world’s two richest people
Elon Musk’s wealth slumped $20.3 billion on Thursday after Tesla Inc. warned that it may have to keep cutting the prices of its electric vehicles, sending its shares tumbling. This drop in net worth to $234.4 billion is the seventh-largest decline ever among those in the Bloomberg Billionaires Index.
20.07 / 23:41
20.07 / 21:17
UPS
Target
Platform
Oil: Yo-yo trade continues as Saudi cuts offset by weak U.S. fuel demand
Investing.com — Down one day and up the next: The yo-yo trade in oil continues as Saudi production cut pledges are being mitigated by weak gasoline demand in the United States — despite the advent of summer travel, which typically sees a surge in fuel consumption.
20.07 / 21:17
UPS
MET
Fallout
Mercantile
track
country
U.S. natural gas up 6%, apparently on bet over Russia fertilizer demand
Investing.com — Storage fills for natural gas in the United States came in as expected for last week, and there was not much of a change either in weather forecasts. Yet, U.S. gas prices rallied some 6% Thursday in a development market watchers said could have more to do with the Russia-Ukraine situation.
20.07 / 18:47
20.07 / 17:33
20.07 / 17:25
20.07 / 17:25
20.07 / 17:25
20.07 / 17:25
UPS
Digital
PayPal
JPMorgan
country
Your paycheck could clear faster now that the FedNow instant payment service for banks has launched
The Federal Reserve has launched a new instant payment service that allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks
20.07 / 17:25
20.07 / 16:15
Provident
PayPal
JPMorgan
Chase
BNI
country
Fed launches long-awaited instant payments service, modernizing system
The "FedNow" service, which has been in the works since 2019, will seek to eliminate the several-day lag it commonly takes cash transfers to settle, bringing the U.S. in line with countries including the United Kingdom, India, Brazil, as well as the European Union, where similar services have existed for years. FedNow is launching with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like JPMorgan Chase, Bank of New York Mellon, and US Bancorp, but the Fed plans to onboard more banks and credit unions this year.
20.07 / 14:15
Lowe's
FIVE
Reuters
show
cover
fall
Low
Weekly
jobless claims
US weekly jobless claims fall to two-month low
By Lucia Mutikani
20.07 / 14:15
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