New York Financial News
17.12 / 03:29
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Spooked by AI and layoffs, white-collar workers see their security slip away
Subscribe to enjoy similar stories. Office workers are filled with anxiety. Tuesday’s jobs report was the latest ominous sign in an era of big corporate layoff announcements and CEOs warning that AI will replace workers.
14.12 / 09:21
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Netflix
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social
Updates
Manu Joseph: How ‘The New Yorker,’ a magazine of the elite, managed to survive the age of social media
In a Netflix documentary that celebrates one hundred years of The New Yorker magazine, its staff writer Andrew Marantz says that he has often been in places where people would say “All you elite [expletive], you don’t know the first thing” about America. It is the kind of magazine, he says, that would faithfully quote that expletive, but place an accent on the first ‘e’ of elite, thereby confirming at least one part of the abuse.
13.12 / 10:05
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SEC
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SpaceX
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Investigations
Inside the invitation-only stock market for the wealthy
Subscribe to enjoy similar stories. This year’s largest stock sale wasn’t on the New York Stock Exchange or its uptown rival, the Nasdaq Stock Market. Instead, it was a $40 billion offering by OpenAI that was available to only the investors handpicked by the firm’s executive team, including Sam Altman himself.
11.12 / 03:45
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JPMorgan hands $1,000 to employees who earn less than $80,000
Subscribe to enjoy similar stories. JPMorgan Chase is giving a payment of up to $1,000 to employees whose annual pay is less than $80,000, many of whom will receive it in the form of a contribution to JPMorgan retirement plans, Chief Executive Officer Jamie Dimon said in a staff memo on Tuesday. Employees qualify for the payment if they participate in the bank’s U.S.
05.12 / 16:03
Provident
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information
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New York Times escalates battle against Perplexity with new lawsuit
Subscribe to enjoy similar stories. The New York Times is suing generative-AI startup Perplexity for copyright infringement, expanding its legal fight against artificial-intelligence companies that it says steal and then profit off its content. In its lawsuit, the Times accused Perplexity of illegally crawling its material and repackaging original Times stories in “verbatim or near-verbatim" written responses to users.
05.12 / 14:15
Digital
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security
Software
Healthcare
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Courts
Ex-Cognizant chief D’Souza back into healthcare software, this time with a former rival
Subscribe to enjoy similar stories. Francisco D’Souza, the former Cognizant chief who had once helped secure the $2.7-billion TriZetto healthcare software deal and locked horns with its rival HealthEdge in court, is now betting big on that very competitor. This time, steering its next chapter with Bain Capital.
05.12 / 02:07
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Chanel
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In its new era, Chanel wants shoppers to look beyond bags
Subscribe to enjoy similar stories. Celebrities and clients arrived Tuesday afternoon to an empty Manhattan subway station in black SUVs, dodging puddles that threatened to destroy their Chanel slingback heels. The gritty Lower East Side underground location was a surprising choice for Chanel’s first New York fashion show in seven years, even if the Bowery station’s out-of-service platform is often used as a film set and doesn’t have a pizza rat in sight.
06.04 / 14:07
Provident
Waters
Puzzle
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blues
fun
reports
NYT Connections Game #665, April 6, 2025: Solve the Sunday challenge with these hints and answers
While it offers a fun mental workout, it can also be perplexing at times. For those struggling with today's puzzle, we provide a guide to help you crack the answers for NYT Connections game #665 on April 6, 2025, as mentioned in a report Beebom.
06.04 / 13:49
Strategy
Puzzle
Yellow
performer
track
reports
rights
Wordle #1387, April 6, 2025: Answers and hints to solve the Sunday challenge
With only six attempts available, each guess carries significance, and the game’s color-coded hints add a strategic element that keeps players engaged. However, some words can be particularly tricky, prompting players to seek guidance. If today’s Wordle #1387 for April 6, 2025, is proving difficult, read on for subtle hints and the eventual answer, as per a report by Beebom.
06.04 / 13:49
Puzzle
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wellness
performer
classical
fun
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NYT Mini Crossword April 6, 2025: Hints and answers to solve the Sunday puzzle
While crossword fans fill out the grid, others might find themselves in the need of discreet tips or, for the more impatient players, straightforward solutions. This is a complete guide to today's NYT Mini Crossword with hints as well as answers for those in need of help.
06.04 / 01:33
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‘Hands Off!’ protests: Over 600,000 rally across US against Trump and Musk policies
Protesters voiced anger over a range of issues: mass layoffs in the federal workforce, abortion restrictions, trade tariffs, and the gutting of public services. From Anchorage to Atlanta, demonstrators held signs warning of rising authoritarianism and falling living standards. “This outrageous administration is causing us to lose our allies across the world, and causing devastation to people here at home,” said Diane Kolifrath, 64, who travelled with 100 others from New Hampshire to protest in Washington. “They’re gutting our government.”
05.04 / 06:25
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COST
economy
Photos
country
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Colleges
US consumers rush to buy big-ticket items before Trump's tariffs kick in
Trump announced expansive new import tariffs Wednesday, including a 32% tax on imports from Taiwan. That same day, Gutierrez ordered the laptop, with a base price of $2,400, from a retailer in New York specializing in photo and video gear. «I thought I'd bite the bullet, buy it now, and then that way I'll have the latest technology on my laptop and don't have to worry about the tariffs,» he said. Gutierrez was among the U.S. consumers rushing to buy big-ticket items before the tariffs take effect. Economists say the tariffs are expected to increase prices for everyday items, warning of potentially weakened U.S. economic growth. The White House hopes the tariffs prod countries to open their economies to more American exports, leading to negotiations that could reduce tariffs, or that companies increase their production in the U.S. to avoid higher import taxes. Rob Blackwell and his wife needed a new car that could handle long drives from Arlington, Virginia, to their son's college. Their current electric vehicle is older with a limited range, and it will soon be used by his daughter, who is on the verge of getting her driver's license.
05.04 / 04:35
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economy
Trade
President
country
reports
5 world market themes for the week ahead
Global investors have yearned for clarity over U.S. President Donald Trump's tariffs, but now they have it, they don't much like what they see. As part of his «Liberation Day» on April 2, Trump slapped hefty tariffs on major trading partners, plunging markets into turmoil, just as investors parse through the first new quarterly earnings, along with Chinese inflation data, waiting for the rest of the world to respond.
04.04 / 23:01
FIVE
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Matrix
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stars
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ESPN
St Louis Cardinals will take on Boston Red Sox this weekend: Here’s all you need to know about live streaming, key players
St Louis Cardinals (4-2) and the Boston Red Sox (3-4).
04.04 / 23:01
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Volkswagen to add 'import fee' to cars sold in US
Volkswagen, the German automaker, has told its car dealers that it plans to add an import fee later this month to the price of imported cars sold in the United States. The company's move is one of the first and clearest examples of automakers using price increases to deal with the 25% tariffs President Donald Trump imposed on car and auto parts imports. The tariffs on vehicles went into effect Thursday, and the levies on parts will become effective May 3. In a Tuesday memo to dealers, Volkswagen said that the exact fees would be determined by the middle of April. The New York Times reviewed a copy of the memo. The automaker also told dealers it planned to cut back on sales incentives and had halted rail shipments of cars to the United States from its plants in Mexico, although shipments by sea continue. Volkswagen plans to hold cars that are subject to the tariffs in port for «the near term.» It also told dealers that the price of the Volkswagen Atlas sport utility vehicle, which is made in Chattanooga, Tennessee, could be affected by the tariffs because it includes important imported components. The extent of the impact most likely will not be known until May, the memo said. The automaker, including its Audi and Porsche brands, imports almost all the cars it sells in the United States. Besides the Atlas, Volkswagen also assembles the ID.4 electric sport-utility vehicle in Tennessee.
04.04 / 15:33
markets
FIVE
economy
Trade
President
Experts
exclusive
Traders betting Fed will cut rates at least 4 times this year to bail out economy
Traders are now betting the Federal Reserve will cut interest rates at least four times this year, amid fears President Donald Trump's tariffs could tip the U.S. into a recession.
04.04 / 11:29
04.04 / 10:17
Action
hospital
Courts
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Relationships
peace
Husband withstands 45 FIRs, being beaten, suicide threat by wife and gets divorce in HC but only after Rs 63 lakh alimony
husband who was married on May 11, 2003 experienced a very challenging time in his life when his wife persistently harassed and threatened him with suicide for about 15 years. The irony is he had supported his wife to get an MSC degree from the New York Institute of Technology, U.S.A. The mental health of this now middle-aged husband broke down to such a degree, that he resigned from his job at TCS (Tata Consultancy Employee) and chose to stay at home. The reason for his resignation, as written by him to the company’s HR was constant and repeated harassment, suicidal threats and physical cruelty performed by his wife.
04.04 / 08:37
markets
COST
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Manufacturing
Trade
country
rights
Reciprocal tariffs: Should India respond to Trump’s move at all?
Subscribe to enjoy similar stories. On Thursday, the Office of the United States Trade Representative (USTR) published the formula by which US reciprocal tariffs are to be calculated. The New York Times also published what calculation resulted in country-wise tariffs from 9 April onwards that range in a wide band.
03.04 / 18:49
markets
Fighting
economy
wellness
Trade
country
shock
Posthaste: The day after Trump's tariffs, 'everyone’s sinking, but the U.S. is going under first'
Canada and Mexico might have got off (relatively) easy on Donald Trump’s Liberation Day, but for the rest of the world the tariff blow was far worse than expected — and market reaction suggests the biggest loser could be the United States.
03.04 / 18:33
markets
UPS
Software
Parke
Food
reports
Bengaluru couple transforms daughter’s lemonade stand into a thriving pop-up restaurant making over $15,000 a month
masala dosas at a Brooklyn park—has now become a thriving pop-up restaurant bringing in over $15,000 a month. Swetha and Venkat Raju, a Bengaluru-born couple living in New York, never imagined their daughter's playful business venture would transform into a sought-after culinary experience, now known as Brooklyn Curry Project. According to a report from CNBC Make It, it all began in May 2021 when their daughter, Mahati, wanted to set up a lemonade stand near Fort Greene Park’s Green Market. Instead of just drinks, Swetha, an ardent home cook, decided to whip up some masala dosas—crispy, crepe-like South Indian pancakes filled with spiced potatoes. To their surprise, the dosas were an instant hit. Customers took a bite, their eyes widened, and soon, the family found themselves at the center of a growing frenzy.
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