New York Financial News

The softer US jobs report for June is only one facet of the risk driver that oil and gold need this week. To complete the picture, Wednesday’s Consumer Price Index, or CPI, report for last month will have to be just as soft to dial down the Federal Reserve’s hawkishness, ensuring the central bank doesn’t go beyond two more rate hikes this year — better still, one.

₹24 lakh for an Uber ride? Stunned, right? But a US couple on vacation in Costa Rica faced an exorbitant Uber ride fare where they had to pay $29,994 or roughly ₹24 lakh for a single trip. Douglas Ordonez and Dominique Adams were shocked to discover the staggering mentioned above, instead of the expected charge of around ₹4,500 ($55) due to a currency conversion mishap.  According to a report by the New York Post, Douglas Ordonez took to Twitter to express his frustration, stating, "Uber charged me $29,994 USD for an Uber ride in Costa Rica. They did not convert that into the Costa Rican currency $54 USD.

Chinese exchanges, which vet initial public offering (IPO) plans, accepted around 330 new applications during the period, down from more than 500 a year earlier, exchange data shows. Although Beijing has adopted a registration-based system designed to let the market decide which companies list, bankers have said that the process largely remains at the discretion of authorities, using unwritten rules to decide on the grounds of national security or industrial policies.

If there's one thing retailers can agree on, it's that Gen Z is hot for the early 2000s fashion trends now booming in popularity. College interns and young workers are donning wide-legged slacks at the office. The claw clip, a retro hair staple, is back; as are mesh tops, miniskirts and a host of colorful apparel that can make consumers look like they stepped out of a Disney Channel show from 2004.

Marvel star Simu Liu has shared an update on the follow-up to his film 'Shang-Chi', saying the movie keeps getting pushed back «due to circumstances beyond my control». The actor conducted an 'Ask Me Anything' session on his Threads account, a new social media app that was launched earlier this week. A fan asked for an update on the highly-anticipated sequel to 'Shang-Chi and the Legend of the Ten Rings', directed by Destin Daniel Cretton.

A Canadian judge has ruled that the widely used thumbs-up emoji can affirm that a person is legally entering into a contract. 

Khalistani elements on Saturday. While no untoward incident took place as the countries responded with a show of strength and kept mobs at bay, India is looking for such strong security measures as a matter of norm to deal with future threats as well.

Bitcoin, Coinbase, Binance and more are all fighting for their lives as the United States Securities and Exchange Commission does everything in its power to eradicate the current cryptocurrency system in the United States and replace it with one it deems more “fair” to the American public.

Wordle was created and developed by software engineer Josh Wardle, and later bought by The New York Times (NYT) publication. The Wordle can now be played on the NYT website or the Wordle mobile application. The single-player puzzle requires you to guess a word consisting of five letters, in six chances.

Rahul Gandhi visited a bike mechanic workshop in Delhi's Karol Bagh area in June this year. He interacted with mechanics at the workshop and even tried to repair the broken motorcycles. The video is now out on Rahul Gandhi's official YouTube channel.

The northeastern region of the United States is bracing for a slow-moving storm system that is predicted to bring heavy rainfall starting on Sunday. New York City and other areas are on high alert for potential flash flooding, as approximately 80 million people from Washington to Portland, Maine, may experience a month's worth of rainfall within a few hours. AccuWeather forecasts suggest that the storms could bring as much as half a foot (6 inches) or 1-2 inches of rain per hour to New York City and its surroundings.

The New York Post.  Since 2020, PolicyLink, the organization behind DefundPolice.org, has received $3 million in donations from the Chan Zuckerberg Initiative, the report said, citing investigative report Lee Fang.  The anti-police group calls itself a place for advocates or organizers who are looking for resources to divest from policing for building safer communities, the NYP report said.   In addition, Mark Zuckerberg and his wife Pricilla Chan's CZI has also offered monetary support of $2.5 million to another anti-cops group called ‘Solidaire’.  The company's February filing stated that CZI increased its spending on Mark Zuckerberg's personal security by $4 million.

Patriot Battery Metals, the ASX-listed lithium explorer working on a big project in the Canadian province of Quebec, used “curiously timed buyout rumours” to inflate its share price, a short-selling activist investor claims.

Cody Bellinger, a former National League MVP, is being viewed as an ideal addition to the struggling New York Yankees. The potential saviour of the Yankees' season made an appearance in the Bronx on Friday, although he was, unfortunately, representing the Cubs. Despite a decline in his statistics over the past three seasons, Cody Bellinger still maintains his reputation as one of the league's most skilled and formidable hitters. Since joining the Chicago Cubs, Bellinger has showcased an impressive performance at the plate, boasting a batting average of .303 along with an on-base percentage of .359 and a slugging percentage of .502. With nine home runs and 29 RBIs, he has made a significant impact on the team's offence. Notably, his OPS has shown a remarkable improvement compared to last season, and he has also demonstrated his versatility on the basepaths by already accumulating double-digit stolen bases.

Call it the yin and yang of natural gas.

India, the country of my birth, fervently hoped he would establish it in the country of my choice. Then Allen Stanford got convicted for fraud, and I assumed it would be another 110 years, the length of his initial jail sentence, before anybody took up that task again. But now here’s Ross Perot Jr.

The US Securities and Exchange Commission has claimed that Coinbase was aware of a potential securities breach when it listed some cryptocurrencies. 

Northern Lights will be visible from as many as 17 states across the US. This comes after storms created by gigantic storms were visible from more than 30 states in the US, including Iowa, Kansas, and North Dakota.Northern lights, which is also known as aurora borealis, is a luminous astronomical phenomenon. This is visible in the night sky. Northern lights can be viewed while looking in the direction of pole which is the closest. In the Northern hemisphere, it is the north, and in Southern hemisphere, it is the south. Northern lights is caused by solar winds from the Sun and magnetic field of the Earth. People residing in 17 states in the US will be able to view the Northern lights next week. These 17 states are — 1. North Dakota, 2. South Dakota, 3. Alaska, 4. Indiana, 5. Montana, 6. Wisconsin 7. Minnesota 8. Michigan 9. Maryland 10. Maine 11. New Hampshire 12. New York 13. Vermont 14. Oregon 15. Washington 16. Idaho 17. Wyoming. Northern Lights will be visible on July 12 and July 13. However, weather needs to be clear in order to view Northern Lights, as per reports.

Threads, the new Instagram app aimed at rivaling Twitter, many of the long-shot candidates were quick to take advantage of the platform's rapidly growing audience. «Buckle up and join me on Threads!» Sen. Tim Scott, R-S.C., wrote in a caption accompanying a selfie of himself and others in a car that he posted Thursday — by that morning, the app had already been downloaded more than 30 million times, putting it on track to be the most rapidly downloaded app ever.

Dogecoin, the popular cryptocurrency that gained attention due to its meme-inspired origins, is facing a legal challenge. 

Wordle was created and developed by software engineer Josh Wardle for his wife. It was later bought over by The New York Times (NYT). Now, the Wordle is to be played on the NYT website or mobile application. The single-player requires you to guess a word consisting of five letters, in six chances. We are here to help you with the clues to today’s Wordle 749 — July 8, 2023. Read on to know more.