New York
Here’s what people expect to spend more on as inflation continues to surge
Regular unleaded gasoline was $4.69 a gallon (cash) at a Houston Exxon Mobil station on June 9, 2022. Gas prices are breaching record highs as demand increases and supply fails to keep up. Brandon Bell | Getty Images News | Getty Images Americans are still grappling with the worst inflation in roughly 40 years, and […]
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Peter Thiel bitcoin fellow Erik Finman tries to sway 2022 midterms with up to $20 million for GOP campaigns
Erik Finman, who became a bitcoin millionaire by the time he was 18, is spending up to $20 million on Republican candidates running for Congress in the 2022 midterm elections. Finman, 23, said he wants to donate $10 million toward GOP candidates and political action committees, including Saving Arizona, a super PAC backing Trump-endorsed Arizona […]
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Trump and his kids, Don Jr. and Ivanka, set to testify in New York attorney general investigation starting July 15
Republican presidential candidate Donald Trump (C) gives two thumbs up as Donald Trump Jr. (L) and Ivanka Trump (R) stand and cheer for Eric Trump as he delivers his speech during the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Joe Raedle | Getty […]
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New York’s financial watchdog issues stablecoin guidance, calls for reserve requirements and audits
The New York State Department of Financial Services on Wednesday released new rules for licensed cryptocurrency firms that issue stablecoins, calling for reserve requirements and monthly independent audits. The guidance affects current holders of the BitLicense, the business license for virtual currency firms operating in New York state, or limited purpose trust charterholders that issue […]
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NYC’s wealthy Democrats forced to pick sides in ‘awkward’ primary fight pitting Nadler and Maloney against each other
Some of Manhattan’s wealthy Democrats are being forced to pick sides between Reps. Jerry Nadler and Carolyn Maloney, two of the party’s most powerful House lawmakers, in a primary race that is pitting the incumbents against each other in the city’s newly redrawn 12th district. The lawmakers, longtime colleagues in the House, now have to […]
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DOJ moves to seize 2 planes from Russian oligarch Roman Abramovich
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images A federal judge in New York on Monday signed a warrant authorizing the seizure by the Justice Department of two jets […]
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Lawmaker who wrote New York crypto mining bill explains: ‘It’s not a ban’
Bitcoin offices in Istanbul, Turkey, on May 11, 2022. Umit Turhan Coskun/NurPhoto via Getty Images New York State Assemblymember Anna Kelles is tired of all the fear-mongering about the bill she wrote — and sponsored — to place a two-year moratorium on certain types of new cryptocurrency mines in the state. The fate of the […]
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Former New York cop arrested outside U.S. Capitol with fake badge, BB gun, body armor, ammo and high-capacity magazines
USCP Arrests Man with Fake Badge, Body Armor & High Capacity Magazines: Courtesy: USCP A retired New York City police officer was arrested Friday morning outside of the U.S. Capitol after being found in possession of a fake law enforcement badge, a BB gun, body armor, ammunition and high-capacity magazines, Capitol police said. The ex-cop, […]
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New York just passed a bitcoin mining ban — here’s everything that’s in it
Following an early morning vote in Albany on Friday, lawmakers in New York passed a bill to ban new bitcoin mining operations. The measure now heads to the desk of Governor Kathy Hochul, who could sign it into law or veto it. If Hochul signs the bill, it would make New York the first state […]
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Michael Avenatti sentenced to 4 years in prison for stealing from Stormy Daniels
Stormy Daniels and attorney Michael Avenatti are seen at The Abbey on May 23, 2018 in West Hollywood, California. Tara Ziemba | Getty Images A federal judge in New York on Thursday sentenced disgraced lawyer Michael Avenatti to four years in prison for stealing from his former client, onetime adult film actor Stormy Daniels, who […]
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