New York
Feds say 2 NY residents used Trump fundraiser, photo in $27M investment scam
Scott Olson | Getty Images Two New York residents were arrested Monday on a federal criminal complaint with a nearly decade-long $27 million investment fraud scheme that leveraged their attendance at a 2017 fundraiser with then-President Donald Trump. Prosecutors said that the two defendants, Sherry Xue Li and Lianbo Wang, lured victims into investing in […]
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Airfares are finally starting to cool as peak summer travel season fades. Now what?
Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation […]
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Joe Manchin raises over $1 million from donors including Patriots owner, Wall Street execs, energy giants
U.S. Senator Joe Manchin (D-WV) walks to the Senate floor at the U.S. Capitol in Washington, June 7, 2022. Jonathan Ernst | Reuters Sen. Joe Manchin’s reelection campaign raised over $1 million over three months thanks to donations from the likes of New England Patriots owner Robert Kraft, multiple Wall Street leaders and energy giants. […]
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NY AG delays depositions of Trump and two children after death of Ivana Trump
US President Donald Trump (C), daughter Senior Advisor Ivanka Trump and son Donald Trump Jr. (L) make their way to board Air Force One before departing from Dobbins Air Reserve Base in Marietta, Georgia on January 4, 2021. Mandel Ngan | AFP | Getty Images The New York attorney general agreed Friday to temporarily delay […]
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Twitter is down
The logo and trading symbol for Twitter is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, July 11, 2022. Brendan McDermid | Reuters Twitter is down Thursday morning. While the website loads for people, users are unable to see timelines. It’s not clear how widespread […]
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Average rent in Manhattan was a record $5,000 last month
A Chelsea Tower rental apartments billboard. Jeff Greenberg | Getty Images The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time — and brokers say demand and prices are headed even higher into the fall. The average apartment rent in June was $5,058, the highest on record, according to a report […]
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Chinese companies are going global as growth slows at home
Miniso opened its first flagship store in New York City’s SoHo in February 2022. Miniso BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take Miniso, a Guangdong-based seller of toys and household products. Sometimes called China’s Muji, Miniso opened a flagship store in New […]
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Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets
The entire stablecoin market is now worth more than $160 billion. Justin Tallis | AFP via Getty Images The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York. Lawyers representing the creditors say the physical whereabouts of Zhu […]
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Teva lied about opioid role, New York says
New York Attorney General Letitia James speaks during a press conference at the Office of the Attorney General in New York on May 9, 2022, to make an announcement about protecting access to abortion. Timothy A. Clary | AFP | Getty Images New York’s attorney general on Monday said Teva Pharmaceutical Industries lied to evade […]
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Gun applicants in New York will have to hand over social media accounts
Shooting range owner John Deloca aims his pistol at his range in Queens, New York on June 23, 2022. Ed Jones | AFP | Getty Images As missed warning signs pile up in investigations of mass killings, New York state is rolling out a novel strategy to screen applicants for gun permits. People seeking to […]
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