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After 53 years, the New York Knicks are NBA champions. And the wait sure seemed worth itThe New York Knicks have won the NBA championship, ending a 53-year wait for the city. This victory marks their third NBA title. The team d...
US Treasury expands bank data-sharing rules tied to Trump immigration crackdownThe Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...
What are US stock market, gold and silver price prediction for Monday? Market outlook after Wall Street gains and metals movementWhat are US stock market, gold and silver price prediction for Monday? Investors are assessing Wall Street's latest gains, developments in ...
Gold heads for second weekly loss on rate rise expectationsGold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh o...
Lyft, Uber sue New York City to block driver retention lawBoth companies are challenging Local Law 52 of 2026, which generally prevents large ride-sharing companies from swiftly dismissing driver...
After House snub, Trump set to name Jay Clayton as spy chiefTrump faced intense pushback over his decision to name Bill Pulte, head of the Federal Housing Finance Agency, as acting director. The situ...
Dollar shaky as investors weigh rate outlook, Middle East worriesU.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy...
US stocks slump after fresh sell-off in tech stocks; Nasdaq down over 1%Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met ...
Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...
300+ gold bars, $2 million in cash, 35 luxury watches seized from ex-CIA officer accused of running fake classified programmeA former CIA officer, David Rush, is accused of misappropriating over $40 million in gold bars by creating a fraudulent classified program....
FTX cofounder Sam Bankman-Fried applies for Trump pardonSam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his ap...
Fed Interest Rate cut prediction, date: What to expect from US Central Bank officials at Federal Reserve meeting?A number of Fed policymakers have begun to speculate that interest rates may need to rise to ensure that the central bank's key inflation ...
IMF financial stability chief Tobias Adrian to step down August 31Tobias Adrian, who led the International Monetary Fund's Monetary and Capital Markets Department through major global challenges, will depa...
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Aaron judge injury: When will New York Yankees legend play again?Aaron Judge had started 52 of New York’s first 59 games in right field. Judge underwent a CT scan on Thursday morning and had an MRI earlie...
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalateWall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech...
Young and unemployed? Remote work, not AI, may be the problem, study findsRemote work is making companies hesitant to hire young graduates. A New York Fed study shows this is a key reason for increased unemploymen...
Gold edges higher as investors weigh US-Iran ceasefire deal reports, Fed rate outlookGold prices edged higher as investors weighed a potential U.S.-Iran ceasefire deal against persistent inflation concerns and the prospect o...
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...