Business

Business openings, closings, and local economic news.

Steve Bannon speaking at an event in NYC

Steve Bannon: Republicans will erupt in ‘civil war’ after midterm elections

As the sun sets over New York City, casting long shadows across the bustling streets, a sense of anticipation hangs in the air. The midterm elections loom large on the horizon, and with them, the potential for significant shifts within the Republican Party. In a recent interview, former White House...

Katherine Langford

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New York City skyline at dusk during election night

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These 10 megadonors have spent a total of $1 billion on the midterm elections

As the sun set over New York City on a bustling election night, the air buzzed not only with the excitement of voters but also with the weight of unprecedented financial influence. With a staggering total of $1 billion funneled into the midterm elections by just ten megadonors, this election cycle...

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A digital representation of cryptocurrency security measures.

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Crypto exchanges rush to tighten security after $6.3bn Binance heist

In the bustling streets of New York City, a sense of urgency has gripped the cryptocurrency community following a staggering $6.3 billion heist from Binance, one of the world's largest crypto exchanges. The news hit like a thunderclap, sending shockwaves through an already volatile market and...

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Rating agency Fitch hits France with surprise outlook downgrade

In the bustling heart of New York City, the financial world is closely watching the developments across the Atlantic. Just as the sun rose over Wall Street, news broke that Fitch Ratings had downgraded France's outlook to negative, a decision that sent ripples through international markets. The...

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A scene from the film Fatherland showcasing diverse characters in a political debate.

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The right to be apolitical

In the heart of New York City, where the pulse of the nation often beats loudest, a quiet debate is brewing about the role of personal convictions in the public sphere. Amidst the towering skyscrapers and bustling streets, a new film titled Fatherland has ignited conversations about political...

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French banks’ rising profits fail to reverse sell-off as political fears bite

In a bustling café in Manhattan, the aroma of freshly brewed coffee mingles with the sound of hushed conversations about the stock market. Among the patrons, a group of financial analysts gathers to discuss the latest earnings reports from major French banks. The mood is cautiously optimistic, yet...

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US midterms loom over jittery investors

As the sun sets over the bustling streets of New York City, investors are feeling the weight of uncertainty hanging in the air. In the heart of Manhattan, a group of financial analysts gathers at a local café, their conversations punctuated by the clinking of coffee cups and the rustle of stock...

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Brazilian agricultural landscape with crops ready for harvest

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Lula’s surprise election victory sends agri-commodities tumbling

On a crisp morning in New York City, the financial district buzzed with speculation as news of Brazilian President Luiz Inácio Lula da Silva's unexpected election victory reverberated through global markets. Traders gathered around their screens, some sipping coffee, others glancing nervously at...

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Poland's government suspends top judges amid rule of law dispute

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Poland suspends top judges as battle over rule of law escalates

In a dramatic escalation of tensions, Poland's government has suspended several top judges amid a fierce battle over the rule of law. The scene unfolded in Warsaw, where President Andrzej Duda and Prime Minister Mateusz Morawiecki find themselves locked in a bitter dispute regarding appointments to...

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Gold bars and coins representing the precious metal market

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Why gold plunged to its lowest price in a year despite renewed Iran jitters

On a brisk Tuesday morning in New York City, gold traders watched the market in disbelief as the price of gold plummeted to its lowest point in a year. The precious metal, often viewed as a safe haven during global turmoil, fell sharply despite rising tensions in the Middle East following the U.S....

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Why Intel’s stock saw its worst day in decades — and a $140 billion wipeout

On a brisk autumn day in New York City, the bustling streets filled with professionals and students alike were abuzz with discussions about tech stocks. Among the chatter, one name echoed louder than others: Intel. The semiconductor giant, long a cornerstone of the technology industry, faced a...

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The Fed held interest rates steady, but these officials see more hikes coming soon

Dallas Fed’s Lorie Logan sees “at least” 50 basis points in additional hikes.

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Caregivers are now spending more than $11,000 a year out of pocket—up 60% in five years

An AARP study shows the financial sacrifices families make and their long-term impacts.

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