New York
Trump administration freezes $18 billion in New York City infrastructure projects, Vought says
Director of the US Office of Management and Budget (OMB) Russell (Russ) Vought speaks to reporters outside the West Wing of the White House on July 17, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty Images The Trump administration has frozen about $18 billion for two major infrastructure projects in New York City […]
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CNBC’s UK Exchange newsletter: AstraZeneca gets a shot on Wall Street
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca — […]
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Spirit Airlines on track for a $475 million bankruptcy lifeline
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images WHITE PLAINS, N.Y. — Spirit Airlines is making “massive progress” to revitalize the airline, the carrier’s restructuring lawyer Marshall Huebner said in a […]
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Why movie production has moved out of the U.S. — and what a tariff could mean for Hollywood
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images There was a time when Hollywood simply referred to a neighborhood in the central region of Los Angeles. These days, “Hollywood” has come to represent the entire domestic entertainment business — and it’s at a crossroads. […]
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Trump bashes Zohran Mamdani after Eric Adams drops out of New York mayor’s race
New York City mayoral candidate Zohran Mamdani speaks to the media during a campaign stop with Speaker of the New York State Assembly Carl Heastie in the Bronx borough of New York City, U.S., September 17, 2025. Eduardo Munoz | Reuters President Donald Trump on Monday bashed New York City mayoral race front-runner Zohran Mamdani […]
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European stocks close higher as pharma giants AstraZeneca and GSK notch gains
Stocks listed in Europe closed higher on Monday, as investors monitored the impact of a potential U.S. government shutdown later in the week. The pan-European Stoxx 600 provisionally ended up around 0.34%, with most sectors and major bourses in positive territory. Lufthansa ended the session slightly higher, paring earlier gains, after it said its free […]
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Money manager Howard Rubin arrested on sex trafficking charges
Howie Rubin Jonathon Ziegler | Patrick McMullan | Getty Images Famed retired money manager Howard Rubin and his former personal assistant were arrested Friday morning on charges of sex trafficking and transporting women across state lines for commercial sex acts over the course of a decade, according to a new federal indictment. Rubin, 70, participated […]
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How luxury brands are tapping into the Labubu craze
A brown Louis Vuitton Monogram coated-canvas mini top-handle bag with tan vachetta leather rolled handles and a yellow-and-orange pumpkin motif is carried with two Labubu plush bag charms during Copenhagen Fashion Week, on August 07, 2025 in Copenhagen, Denmark. Edward Berthelot | Getty Images Entertainment | Getty Images Labubu dolls have emerged as a must-have […]
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Trump gripes he didn’t get UN renovations contract in speech to General Assembly
US President Donald Trump delivers remarks to the United Nations General Assembly at the UN headquarters in New York City on September 23, 2025. Timothy A. Clary | Afp | Getty Images President Donald Trump mocked the United Nations’ headquarters in a speech to the General Assembly, recalling his failed bid to renovate the building […]
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Secret Service dismantles telecom threat around UN capable of crippling cell service in NYC
While close to 150 world leaders prepared to descend on Manhattan for the U.N. General Assembly, the U.S. Secret Service was quietly dismantling a massive hidden telecom network across the New York area — a system investigators say could have crippled cell towers, jammed 911 calls and flooded networks with chaos at the very moment […]
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