New York Financial News

The final results were in Friday: the Democratic national convention was more popular with television viewers than the Republicans'

The SEC has reached a settlement with a New York-based registered investment adviser, which agreed to pay more $1.8 million over allegations that it failed to enforce adequate policies to prevent insider trading.

The jersey Babe Ruth wore when he called his shot during the 1932 World Series, hitting a home run to center field, has sold at auction for over $24 million

Banks like Deutsche Bank might be spending less money on consultants this year, but consultants are not entirely obsolete. Goldman Sachs alone imparted $777m on «professional fees» in the first half of 2024. Citi still loves consultants, too, even though McKinsey & Co's work on Citi's data issues doesn't seem to have resolved much.

The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages

U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy

A Missouri nonprofit founded in 2015 to help address the issues that contributed to the police shooting death of Michael Brown Jr. and the riots that followed has faced the same lament many philanthropies face

Jay Kim wasn't always liked at Credit Suisse, but people at the Swiss bank who were partial to him found him extremely palatable. That Marmite reputation may have followed Kim to ATLAS SP Partners, the credit firm fashioned out of Credit Suisse's former securitization platform and majority-owned by Apollo. — 18 months after joining ATLAS as chief executive, Kim is out again. 

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Last year wasn't the best year for bonuses at Deutsche Bank. Across the bank as a whole, the bonus pool was down nearly 9% and the average bonus was at its lowest since 2012. Amidst the squeeze, Deutsche Bank's New York-based equity researchers claim to have been punished: one research insider says some bonuses were just 10% of salaries. 

Lenovo has reportedly fired a computer salesman from the company for reportedly urinating in a hotel's lobby. Now the employee has sued the company for whopping $1.5 million. Richard Becker, 66, was fired after he urinated in a Times Square hotel lobby due to a bladder condition. Now, he has accused the company of discrimination based on disability, according to a lawsuit filed last Friday in New York State Supreme Court. The incident took place in February, after Becker attended a work-related dinner and returned to his hotel near New York's bustling Times Square. Overcome by an urgent need to relieve himself due to his chronic bladder condition, Becker claims he was forced to use a vestibule located on a separate floor from the main lobby. Although Becker's condition was well-known among his colleagues and managers at Lenovo, a coworker allegedly witnessed the incident and reported him to human resources. The lawsuit suggests that this coworker acted «out of spite and malice,» even though Becker’s actions, according to the filing, «caused no harm to anyone whatsoever.»

Kamala Harris experienced following her nomination convention, less than two weeks ago, when they believed that she would be linked to President Joe Biden's potentially disastrous reelection campaign. She has given hope to Democrats who had lost hope and revitalized a party that was about to lose hope. But the sobering truth is that success is far from certain. It is not likely that Harris will be able to defeat former President Donald Trump with the swing voters that the thousands of ecstatic delegates in the hall this week represented. Numerous presidential candidates throughout history have stirred their supporters during conventions but ultimately failed in November. Trump is no pushover, whatever else he may be. The next two and a half months will be brutal for Harris. Also Read: Not UPenn or Georgetown, Barron Trump is heading to New York for college this fall

Barron Trump, the youngest child of Donald and Melania Trump, has decided to start his college career in New York this autumn, which is a big break from the Trump family's custom of going to Georgetown or the University of Pennsylvania. In an interview with the New York Post on August 20, 2024, the former president Donald Trump verified the information and said that Barron had chosen a «very good» school in New York. Trump did suggest that the information would be revealed shortly, but the precise institution is still unknown, as per the reports of Yahoo news. Barron, who stands out as the tallest in his family, reaching between 6-foot-7, has maintained a low profile, especially in recent months. Unlike his other family members, he did not attend the Republican National Convention in Milwaukee in July, where his half-niece, Kai Trump, made an appearance and shared her decision to attend the University of Miami. This low visibility extends to his upcoming college move-in, a rite of passage for many families, as it is unclear if his parents, Donald and Melania Trump, will be present for this event. Whether Barron will reside on or off-campus is also still unknown. Also Read: Beyoncé fails to appear at DNC, many Democrats particularly millenials are outraged

North Korea vowed Saturday to advance its nuclear capabilities, reacting to a report that the United States had revised its own nuclear strategic plan. The country will «bolster up its strategic strength in every way to control and eliminate all sorts of security challenges that may result from Washington's revised plan», the official Korean Central News Agency (KCNA) reported. The New York Times reported this week that a US plan approved by President Joe Biden in March was to prepare for possible coordinated nuclear confrontations with Russia, China and North Korea.

diamond discovered in more than a century has been unearthed in Botswana, marking a historic discovery. The stunning 2,492 carat diamond was unveiled during a special ceremony presided over by Botswana's president. This stone, which is about the size of a fist and weighs about a pound, has attracted a lot of interest and enthusiasm, as per the reports of the New York Post. Initial estimates say the diamond may be worth over $40 million, but it is too early to confirm the actual value or complete the sale. The Canadian mining corporation Lucara, which found the diamond at its Karowe Mine, is the source of this information. Some industry insiders, though, think this assessment may be low. Renowned diamond expert Fred Cuellar likened the value of diamonds to that of real estate, where the amount depends on comparable sales in the recent past. Given that a smaller diamond from the same mine sold for $63 million in 2016, Cuellar estimated that the diamond's potential value ranged from $100 million to $160 million.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Kathy Hochul, the governor of New York, and her unbridled total hatred had no bounds. On Wednesday, Donald Trump disclosed his opinion of the nastiest speaker to have spoken at the DNC thus far. Hochul discussed her shared values of grit, determination, and compassion with presidential candidate Kamala Harris on August 19, the first night of the Democratic National Convention. The governor continued, saying that those principles have always defined New Yorkers. She stated that Donald Trump was a New Yorker by birth, but he turned out to be a liar, philanderer, and felon. New York had to suffer through Trump's 78 long years in office. Hochul criticised the fraud, the tax-dodging, the sham university, and the shady charities of Trump. Also Read: Star Wars: Skeleton Crew: All about premiere date, plot, cast, characters, trailer and production

X’s self-proclaimed role as a guarantor of free speech means that we should know which outside entities and which foreign governments may be able to exert influence on the company. After Elon Musk formally rebranded Twitter as X in 2023, the names of the shareholders who helped finance the enormous $44 billion acquisition have been made public more than a year later by a federal court order. These names include music mogul Sean Diddy Combs and the founder and former CEO of the social media platform, Jack Dorsey. Also Read :Musk's own AI system creates video of him and Trump committing armed robbery

Amazon, Jeff Bezos bought a Gulfstream G700, a high-end business jet built by Gulfstream Aerospace that is regarded as one of the biggest and most sophisticated private aircraft in the world, last month. He owns an $80 million private jet. According to reports, Bezos purchased a Gulfstream G700, which is regarded as the world's most sophisticated luxury business jet. Twenty panoramic windows and a whisper-quiet cabin with 100% fresh, plasma-ionized air replenished every two to three minutes are two more features of the G700. The G700 blasted off from Ibiza last Sunday. Also Read: Reacher season 2 DVD, Blu-ray, 4K release date: What we know so far

BlackRock Inc. has picked up over 42,700 sq ft office space in a premium commercial tower in central Mumbai’s plush Worli locality through a long-term lease of five years. The financial institution’s India arm Blackrock Services India will be paying rental of Rs 325 per sq ft a month in the first year of the lease. The agreement includes a clause to escalate rentals by 5% in April 2025, by 10% a year after that and 5% each in 2027 and 2028. The New York-headquartered company has leased the space on the 4th floor of the commercial tower Altimus directly from the project’s developer K Raheja Corp.

Emily in Paris as well. What’s different this time is the way Emily, played by Lily Collins, dresses. She looks more Parisian than before, reflecting how her character has matured, influenced by her surroundings.