New York Financial News

The massive port workers’ strike is highlighting a fear held by many workers that they will be replaced by machines

Piyush Goyal met US Secretary of Commerce Gina Raimondo on Thursday on the sidelines of the India-US CEO Forum. Goyal said that they discussed on prospects of tech and research and development collaboration in various sectors. In a post on X, he said, «Held a productive meeting with the US Secretary of Commerce Gina Raimondo, over lunch on the sidelines of the India-US CEO Forum. Our discussions focused on prospects of tech and R&D collaboration in critical sectors such as defence, space, semiconductors, telecom, AI and clean energy. We also discussed opportunities for US investments in upcoming 20 industrial cities in India to foster mutual growth.»

Kamala Harris's previous condemnations of domestic abuse and sexual assault perpetrators are coming back to haunt her in the wake of allegations that Doug Emhoff slapped her ex-girlfriend. This is because there is no evidence that her now-husband forcefully slapped an ex-girlfriend more than ten years ago. Critics point to Harris' previous statements supporting survivors of abuse, which have sparked renewed debate in light of the Emhoff allegations. As the two waited in the valet line after an event at the Cannes Film Festival in May 2012, the second gentleman, Doug Emhoff, a 59-year-old Hollywood lawyer, struck his then-flavour, a prosperous New York attorney, in the face so hard, that she spun around, three unnamed friends of the woman, as quoted in a report by the New York Post. Critics of Harris quickly capitalized on the alleged abuse, which they said was caused by Emhoff's misguided jealousy that he thought his beau was flirting with another man. They cited years in which the vice president asserted that she believes women who have experienced sexual assault.

US congressional elections, albeit on a temporary basis. A federal appeals court said that betting on the US congressional election can be resumed on a temporary basis. The U.S. Court of Appeals for the District of Columbia Circuit has lifted a prior injunction that prohibited New York startup company Kalshi from betting on which political party will control the House and Senate following the election, which will happen in November. The recent rule of the U.S. Court of Appeals has cleared the way for restarting the betting activity, and the court continues to deliberate on the core issues surrounding the case, which means that the court is taking time to analyze the implications and legalities, as per ABC News. Kalshi has only offered betting on congressional races, but there is no immediate indication that Kalshi is planning to broaden its betting options to feature presidential elections. As the political climate heats up, stakeholders are eager to see whether the platform will diversify its offerings in the near future. The court has declared that it will reconsider a ban willingly only if the relevant commission presents evidence that is a threat of serious harm to the interests of the public in the coming week.

Walmart’s employees and their dependents are being offered expanded cancer treatment with doctors at the Mayo Clinic through the retailer’s insurance coverage

U.S. stocks are drifting near their record levels

Denim — that All-American fabric — is all about being Japanese in the town of Kojima

JD Vance, Republican Donald Trump's pick as his vice presidential running mate, squared off against Minnesota Governor Tim Walz, who Democrat Kamala Harris tapped to be her No. 2, in a nationally televised debate on Tuesday. The debate is likely the final one of the 2024 presidential campaign, potentially giving it some additional weight ahead of the Nov. 5 election. Here are some takeaways from the event in New York:

Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models

The holidays are the busiest time of year for many small retailers and other businesses

The 2024 class of the John D

A former financial manager for the NFL’s Jacksonville Jaguars who stole $22 million from the team is suing FanDuel for $250 million, saying the betting company preyed on his gambling addiction

The John D

The 12-month grace period for student loan borrowers came to an end on Sept. 30

Speaker Mike Johnson is laying out a five-point policy agenda should Republicans take the majority next year

natural gas trading hub to help develop a competitive domestic gas market. The oil ministry officials recently held a meeting with gas industry executives to discuss the need for a hub, where prices reflect the domestic supply and demand fundamentals, according to people familiar with the matter. The government may soon set up a committee to suggest a roadmap to build a hub, they said. Henry Hub in the US offers the most referenced gas pricing in the world due to its large trading volume, liquidity and transparent pricing. Henry Hub is a gas pipeline in Louisiana connected to several gas markets in the US. It serves as the delivery point for futures contracts on the New York Mercantile Exchange (NYMEX). Britain's National Balancing Point (NBP) is a virtual hub, which reflects the gas price in the entire country without factoring in the transport costs, which are levied separately.

While countless crypto projects are launched every year, hoping to reach unprecedented heights, not all succeed. One major success story that stands out from the crowd was Polygon (POL).

Buffalo’s longest-serving mayor says he will leave office early to lead an offtrack betting agency

Punjab a free investment zone and demanded a military academy in Anandpur Sahib to propel the Indian state on the path of development. «Punjab is a very important part of India. If Punjab prospers, India will prosper, and vice versa. Unfortunately, Punjab went through a difficult period in the 80s and 90s due to militancy and extremism. It suffered a lot, including the loss of a generation of Sikhs. Even today, Punjab is bearing the consequences of the events in 1984. Its progress was halted, with little investment happening in the region,» said Jasdip Singh Jasse, chairman of Sikhs of America. «We would like to request Prime Minister (Narendra Modi) to make Punjab an enterprise zone, make it a free investment zone, give incentives to businesses, and set up a military academy in Anandpur Saheb,» Jasse told PTI. In the absence of opportunities, youths of Punjab are spending large amounts of money to illegally travel to the US and Canada. «Youths of Punjab be given business opportunities in Punjab itself,» he said.

The All Things Go music festival made its way to New York City this weekend for the first time, featuring a lineup of predominantly women and queer women headliners like Boygenius’ Julien Baker, Ethel Cain, Muna, Janelle Monae and Reneé Rapp

Some Verizon customers have been hit by a service outage