New York Financial News

The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it

In the Ryan Reynolds-Blake Lively box-office showdown, both husband and wife came out winners

Gym operator Blink Fitness has filed for Chapter 11 bankruptcy protection

Donald Trump recounted his assassination attempt in vivid detail and promised the largest deportation in U.S. history during a high-profile return to the social media platform formerly known as Twitter

Unexpectedly high medical bills are common in the United States, but there are ways to get relief

Paramount Global will begin laying off 15% of its workforce in the United States starting Tuesday as part of its planned job cuts, the media giant said in an internal memo. Paramount, which owns networks like CBS, MTV and Comedy Central, aims to reduce annual costs by $500 million and return to profitable growth ahead of its merger with David Ellison's Skydance Media. In an internal memo, Paramount's co-CEOs stated that the company is at an «inflection point» where changes are necessary to strengthen the business.

Americans are showing more interest in owning miniature cows, miniature goats, miniature donkeys and other diminutive farm animals

Stocks rose and bond yields fell after the latest US inflation data reinforced speculation the Federal Reserve will be able to deploy its widely anticipated interest-rate cut in September.

NovaTech and its married co-founders, saying they fraudulently raised over $650 million from more than 200,000 investors worldwide, including many Haitian-Americans. NovaTech and co-founders Cynthia and Eddy Petion allegedly promised investors their money would be safe, with Cynthia Petion assuring they would be «in profit from day one.» The SEC said the Petions instead used new money mainly to repay earlier investors and pay commissions to promoters, while siphoning millions of dollars for themselves. It said the scheme lasted for four years until NovaTech's May 2023 collapse.

Donald Trump as he has committed many avoidable mistakes one after the other despite warnings by his team. Consequently, his allies and donors are upset, his campaign team is frustrated and his closest aides find it difficult to turn the tide in his favor. According to 'The New York Times', at a dinner hosted by Howard Lutnick, the Cantor Fitzgerald Chief Executive at at the Bridgehampton on August 2, the Republican candidate said, “We’ve got to stop the steal,” reviving his false claims about the 2020 election. More than 130 guests present at the dinner were shocked as Trump's advisers had urged him to drop this issue because they wouldn't help him with swing voters.

Donald Trump and his billionaire family have spent a whopping amount of $1 million on plastic surgeries and other works of aesthetic enhancements, reports the 'Daily Mail'. This amount has been spent on face lifts, hair transplants, nostril jobs and veneers, besides Botox and fillers. Quoting plastic surgeon to the celebrities Dr Gary Motykie, the British news outlet has said that surgical procedures and procedures he believes the Trump household has had by images of them over a few years. However, he has said that he has not seen or carried out procedures on anybody in the Trump family his evaluation is based on the images of the family members he has seen.

Russell Investments is strengthening its profile in the alts space as it welcomes a veteran executive from Goldman Sachs into its leadership.

Scotiabank has bought a minority stake in U.S. regional lender KeyCorp in an all-stock deal worth US$2.8 billion on Monday, as the Canadian bank pursues growth outside its saturated home market.

asset management firm Neo Group has raised Rs 400 crore (around $47 million) in a fresh equity funding round led by Japanese lender MUFG Bank along with New York-based Euclidean Capital. Peak XV Partners, which had invested around $35 million in October last year, also participated in this round, the company said in a news release on Monday. The funds will be used to expand Neo's wealth management division and support its asset management business.

World Leaders Forum (WLF) on August 31 in New Delhi. ET is bringing together the world's brightest minds at a time when India is emerging as a beacon of hope in the global economy, establishing itself as a growing superpower on the international stage amid global conflicts, economic stagnation and shifting power dynamics. Top consultants, including Rich Lesser, chairman of BCG, and Mohamed Kande, chairman of PwC, will provide insights into the global economy and corporate trends, exploring how India can strategically position itself to succeed in this evolving landscape.

Brazil plane crash, that killed all 62 people on the aircraft, has once again raised apprehensions over the safety of the flight journey. However, amidst all the despair, there is an incident which shows how hiccups can sometimes save one's life. Two travelers named Adriano Assis and Jose Felipe have revealed there mixed up pertaining to the airlines and they couldn't board the fateful flight, as per a report on New York Post. Ultimately, the goof-ups ensured that they didn't meet the tragic ending.

A confidential memo shows that MrBeast has ordered a full assessment of the internal culture in his YouTube empire and an investigation into “allegations of inappropriate behavior by people in the company."

Trump reportedly has used a slur often targeted at women to describe Vice President Kamala Harris during at least two private conversations. His campaign denies it. The New York Times cited two people who, on different occasions, heard Trump call Harris a «b--.» The people were granted anonymity to describe private discussions. In response, Trump campaign spokesperson Steven Cheung said, «That is not language President Trump has used to describe Kamala and it's not how the campaign would characterize her.» Trump, a Republican, has a history of making derogatory statements about women and his political opponents. He has called Harris, the Democrats' presidential candidate, and other women, including 2016 Democratic nominee Hillary Clinton, «nasty,» and he bragged about grabbing women's genitalia in the infamous «Access Hollywood» tape.

A small brand safety initiative is ceasing operations — days after being targeted by social media platform X in a lawsuit alleging the group helped coordinate a “massive advertiser boycott” after billionaire Elon Musk bought the company in 2022

Stocks that traded heavily or had substantial price changes on Friday: Trade Desk, Expedia rise; Capri Holdings, Five9 fall

Current and former Cash App users could be eligible for a hefty piece of a proposed class-action settlement from the popular online payment service