New York Financial News

Spot gold was up 1.1% at $2,380.91 per ounce as of 11:08 a.m. (1508 GMT). Bullion is up more than 2% for the week so far. U.S. gold futures gained 0.8% to $2,389.10.

Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed to help infants and young children sleep

Joe Biden's campaign is quietly testing the strength of Vice President Kamala Harris against former President Donald Trump in a head-to-head survey of voters, as Biden fights for his political future with a high-stakes news conference Thursday. The survey, which is being conducted this week and was commissioned by the Biden campaign's analytics team, is believed to be the first time since the debate that Biden's aides have sought to measure how the vice president would fare at the top of the ticket. It was described by three people who are informed about it and insisted on anonymity because of the sensitive nature of the information. They did not specify why the survey was being conducted or what the campaign planned to do with the results. It could be read as the team gathering information to present a case to the president that his path forward is slim, or to argue that Biden is still the strongest standard-bearer for his party. The effort comes as some longtime aides and advisers to Biden are said to have become increasingly convinced that he will have to step aside from the campaign, and in recent days have been trying to come up with ways to convince him that he should, The New York Times reported Thursday. A growing number of prominent lawmakers have called for Biden to drop out or suggest he should reconsider his plans to run.

Delta Flight 604 catches fire after landing at Seattle-Tacoma International Airport on Monday, May 6. (Credit: Port of Seattle/SEA Airport/LOCAL NEWS X/TMX)

Gold prices extended gains on Friday to their highest level in over a month following key U.S. jobs data that showed the labor market was softening, lifting expectations around a Federal Reserve interest rate cut in September. Spot gold was up 1.3% at $2,385.63 per ounce as of 2:10 p.m. (1810 GMT). Bullion is up more than 2% for the week so far.

Joe Biden has refused to pull out of the race for the White House in the most unambiguous words, some people believe that he would have to step aside sooner or later and it is not the question of if but when. In an article published in 'New York Post', journalist Henry Olsen wrote that a candidate can come back from a deficit of six points, but before the disastrous first presidential debate on June 27, Biden had the lowest job approval ratings of any first-term president in history. It would be difficult for him to make a comeback from where he is after the debate. The data leaked by Open Labs made it clear that the Democrat contender is behind or tied in normally Democratic states like Minnesota, New Mexico and Virginia. These data were consistent with a 6-point deficit, which is a 10.5-point drop from Biden’s 2020 victory margin. So, there is an uphill task for the incumbent president.

Starry Night. My favourite queuing experience, undoubtedly, is one that involves food. It is at Katz’s, one of New York’s most famous food institutions.

Ken Griffin, founder and CEO of Citadel, said he remains skeptical that artificial intelligence could soon make human jobs obsolete as he sees flaws in machine learning models applied in certain scenarios.

The National Rifle Association’s former finance czar agreed to a decade-long ban from managing money for New York not-for-profits after a jury found him liable in a scheme to have the influential gun rights organization bankroll a longtime chief execut...

Canada is a highly preferred migration destination worldwide, according to recent data. The North American country has become the world's most sought-after immigration destination after more than 1.5 million people looked for information on moving there online in the last year. The stunning scenery and good standard of living in Canada are major factors in this fascination, as per the reports in The New York Post.

Grocery store chain Stop & Shop says it will close 32 underperforming grocery stores across the Northeast by the end of this year

The Federal Trade Commission has unanimously voted to bring a lawsuit against mattress maker Tempur Sealy to block its $4 billion acquisition of Mattress Firm, saying the deal would allow the world’s largest mattress supplier to suppress competition th...

US Independence Day has finally arrived in all its glory and 4th of July will see some amazing events, parades and more set in store for US residents across different states including New York, California, Washington and more. However, this day, which is a federal holiday, gives the opportunity for you to sit in and binge some quality online content at your leisure. Since this is the US Presidential election season, you can watch some dramas with the political flavor to it, to make things a little more amped up.

U.S. stocks are drifting after the French market roared higher as elections continue to drive swings in financial markets worldwide

Ancestor (2022) looms high. This mother figure with heads of 23 children emerging from her body puts the female form front and centre. The artist had been commissioned to make this 18ft-tall painted bronze work, to be placed at the southeast entrance of New York’s Central Park—it was displayed therefrom 8 September 2022 to 27 August 2023—after she had been recovering from long covid.

hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of the company's artificial intelligence technologies, the New York Times reported on Thursday. The hacker lifted details from discussions in an online forum where employees talked about OpenAI's latest technologies, the report said, citing two people familiar with the incident.

New York judge on Tuesday delayed Donald Trump's sentencing for his conviction on criminal charges stemming from hush money paid to a porn star until Sept. 18, after the former U.S. president asked for a chance to argue he should have been immune from prosecution. The sentencing had previously been set for July 11, just days before the Republican National Convention begins in Milwaukee on July 15. Trump is expected to be his party's nominee to challenge Democratic President Joe Biden in the Nov. 5 election. Trump faces an uphill battle getting the hush money conviction overturned, since much of the conduct at issue in the case predated his time in office. Trump's lawyers on Monday asked Justice Juan Merchan to allow them to argue his conviction in New York state court in Manhattan should be overturned due to the U.S. Supreme Court's ruling on July 1 that presidents are entitled to immunity from criminal prosecution for official acts. Prosecutors with Manhattan District Attorney Alvin Bragg's office said Trump's argument was «without merit,» but agreed to delay the sentencing to give Trump the chance to make his case. A Manhattan jury on May 30 found him guilty of falsifying business records to cover up his former lawyer Michael Cohen's $130,000 payment to adult film actress Stormy Daniels to stay quiet about an alleged 2006 sexual encounter until after the 2016 election, when Trump defeated Democrat Hillary Clinton.

A former investment advisor has been found liable for defrauding members of his religious community out of hundreds of thousands of dollars through a years-long deception, according to the SEC.

Two former senior executives of the collapsed cryptocurrency exchange FTX are set to face sentencing later this year for their roles in one of the biggest financial scandals in recent history. This was revealed in a July 9 court docket entry in the U.S. District Court for the Southern District of New York.

Olivia Dunne has revealed her future plans even as she is romantically linked with rising star of Major League Baseball (MLB) Paul Skenes. 21-year-old gymnast hogged all the limelight at Louisiana State University (LSU) where she performed for four years. Dunne said that while she has the 'eligibility' for one more year at LSU and this will maker her stint a five-year event. She is thinking about opting the LSU option, as per New York Post report. Dunne, however, ruled out striving for Olympics in near future. She said that she had performed for Team USA but decided to end the chapter before shifting to LSU, as per the report.

Stocks that traded heavily or had substantial price changes on Friday: AT&T, Wells Fargo fall; Fastenal, Bank of New York Mellon rise