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Finance

After Zohran Call Out, Billionaire Ken Griffin ‘Doubles Down’ On Miami Over NYC After Zohran Call Out, Billionaire Ken Griffin ‘Doubles Down’ On Miami Over NYC
After Zohran Call Out, Billionaire Ken Griffin ‘Doubles Down’ On Miami Over NYC Billionaire hedge fund CEO Ken Griffin is planning to move more of his business to Miami instead of New York after NYC Mayor Zohran Mamdani name-checked him in a video about taxing the rich. Griffin, CEO of Citadel LLC, was already splitting operations between the two cities but is now planning more aggressive expansion in Florida, Bloomberg reported Tuesday, May 5. He told the business outlet that Citadel was planning to “double down on our bet in Miami” and expand office building plans after “the mayor of New York…made clear to my partners” it was the right direction. Griffin initially s…
You Can Now Trade NFL, College Football Games Like Stocks: Here's How You Can Now Trade NFL, College Football Games Like Stocks: Here's How
You Can Now Trade NFL, College Football Games Like Stocks: Here's How You can soon trade the outcomes of NFL and college football games like they're stocks. Robinhood is rolling out professional and college football prediction markets on its app, the financial services company announced on Tuesday, Aug. 19. Customers can now trade on outcomes for all regular-season NFL matchups, as well as top college games. The Prediction Markets Hub will allow users the chance to trade contracts tied to the outcomes of every pro game and matchups across Power 4 schools and Football Bowl Subdivision (FBS) independents. "Football is far and away the most …
Medical Debt Returning To Americans' Credit Reports After Judge Reverses Biden-Era Rule Medical Debt Returning To Americans' Credit Reports After Judge Reverses Biden-Era Rule
Medical Debt Returning To Americans' Credit Reports After Judge Reverses Biden-Era Rule A federal judge in Texas has overturned a Biden-era rule that removed medical debt from Americans' credit reports. Judge Sean Jordan scrapped the regulation in a ruling on Friday, July 11. The Consumer Financial Protection Bureau finalized the rule on Tuesday, Jan. 7, about two weeks before former President Joe Biden left office. The decision came exactly a week after President Donald Trump signed the previously named "One Big Beautiful Bill" into law. Experts warn that the Republican-backed budget reconciliation legislation makes sweeping cuts to Medicare and Medicaid, while incr…
Online Hiring Pioneers CareerBuilder, Monster File For Bankruptcy Online Hiring Pioneers CareerBuilder, Monster File For Bankruptcy
Online Hiring Pioneers CareerBuilder, Monster File For Bankruptcy Once the most recognizable names in online hiring, CareerBuilder and Monster are filing for bankruptcy. CareerBuilder + Monster has entered into Chapter 11 bankruptcy proceedings, the Chicago-based company said in a news release on Tuesday, June 24. The websites were founded in the mid-1990s and merged in September 2024. The company aims to restructure its operations amid several financial issues. "For over 25 years, we have been a proud global leader in helping job seekers and companies connect and empower employment across the globe," said CEO Jeff Furman. "However, like m…
Venmo Upgrades Debit Card, Checkout Options To Compete With Rivals: See What's New Venmo Upgrades Debit Card, Checkout Options To Compete With Rivals: See What's New
Venmo Upgrades Debit Card, Checkout Options To Compete With Rivals: See What's New Venmo is launching a new debit card rewards program and expanding its checkout options as the popular payment platform aims to compete with other similar services. Parent company PayPal announced the upgrades to the Venmo Debit Mastercard and Venmo Checkout service in a news release on Wednesday, June 4. The money-transferring app is used monthly by more than 64 million Americans. Venmo's debit card now offers 15% cash back at major retailers like Lyft, McDonald's, Sephora, Walgreens, and Walmart. Users can activate offers through the Venmo app to earn rewards on purchases both in…
Iconic CT Hotel Hits Market With No Strings Attached Iconic CT Hotel Hits Market With No Strings Attached
Iconic CT Hotel Hits Market With No Strings Attached A major piece of downtown Hartford real estate is officially up for grabs.  The Capitol Hotel, a nine-story, 96-room property located directly across from Union Station, is being offered for sale with no brand or management ties, making it a blank canvas for new owners. The Capitol Hotel sits at 424-440 Asylum Street and 22 Union Place, right at the edge of the city’s transportation heart, within walking distance of trains and buses and minutes from I-91 and I-84. That access makes it ideal for any new owners considering converting the hotel into apartments or condos.  The hotel …
‘Death To America’ Man Who Tried To Firebomb US Embassy In Tel Aviv Arrested At JFK: DOJ ‘Death To America’ Man Who Tried To Firebomb US Embassy In Tel Aviv Arrested At JFK: DOJ
‘Death To America’ Man Who Tried To Firebomb US Embassy In Tel Aviv Arrested At JFK: DOJ A man who once lived in Colorado is facing federal charges for attempting to firebomb the U.S. Embassy in Tel Aviv and threatening to assassinate President Donald Trump, the U.S. Department of Justice announced on Sunday, May 25. Joseph Neumeyer, 28, a dual U.S.-German citizen, was arrested at John F. Kennedy International Airport after being deported from Israel, according to federal prosecutors in Brooklyn. Molotov Cocktails Outside The Embassy Neumeyer allegedly showed up at the U.S. Embassy’s Tel Aviv branch on Sunday, May 19, with a dark backpack loaded with three Molotov cocktails. Se…
NY Candidate Vanishes While Exercising On Beach, Cops Recover Clothing Left On The Shore NY Candidate Vanishes While Exercising On Beach, Cops Recover Clothing Left On The Shore
NY Candidate Vanishes While Exercising On Beach, Cops Recover Clothing Left On The Shore New details have emerged in the disappearance of an aspiring politician from New York. Petros Krommidas, 29, of Baldwin, was reported missing to Nassau County Police on Thursday, April 24. Krommidas, a Democratic candidate for the Nassau County Legislature’s Fourth District, parked his car near the Allegria Hotel in Long Beach and walked onto the beach to exercise at around 10:30 p.m. Wednesday, April 23, friend Maria Lo shared on Facebook. Police recovered his towel, clothes, and phone on the beach the following morning.  "He has always been in great shape and has many future p…
MIT Star Athlete, Manhattan Medical Student, Boyfriend, And Family Killed In Plane Crash MIT Star Athlete, Manhattan Medical Student, Boyfriend, And Family Killed In Plane Crash
MIT Star Athlete, Manhattan Medical Student, Boyfriend, And Family Killed In Plane Crash A private plane carrying a close-knit family of high-achievers — including a decorated MIT athlete, a rising Manhattan medical student, and her finance-driven boyfriend — crashed in Columbia County, killing all six people aboard, authorities announced. The crash happened around 12:05 p.m. on Saturday, April 12, in a muddy field in Craryville, located in the town of Copake near the Massachusetts border, according to the Federal Aviation Administration. The twin-engine Mitsubishi MU-2B had departed from Westchester County Airport in White Plains and was en route to Columbia County Airport whe…
Hooters Files For Bankruptcy, Joining Wave Of Struggling Restaurant Chains Hooters Files For Bankruptcy, Joining Wave Of Struggling Restaurant Chains
Hooters Files For Bankruptcy, Joining Wave Of Struggling Restaurant Chains Hooters, the restaurant famous for chicken wings and waitresses with skimpy outfits, is the latest national chain to file for bankruptcy. Hooters of America officially announced the Chapter 11 bankruptcy filing in a news release on Monday, Mar. 31. The Atlanta-based company filed for bankruptcy in a Texas federal court as part of a plan to sell off its corporate-owned locations and shift to a franchise-only model. The company said the move comes with "near unanimous support from key stakeholders" and aims to streamline operations while keeping all restaurants open during the restructuring p…
American Express To Pay $230M For Misleading Small Business Customers American Express To Pay $230M For Misleading Small Business Customers
American Express To Pay $230M For Misleading Small Business Customers American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products. The credit card company agreed to pay a $108.7 million civil penalty, the Department of Justice said in a news release on Thursday, Jan. 16. The settlement resolved claims against American Express of deceptive marketing and "dummy" account information. American Express was accused of engaging in unlawful sales tactics and falsifying records between 2014 and 2021. "When financial companies …
Ex-CT Exec Who Stole $4.4M From CT Company In Crypto Scam Gets 4 Years: Feds Ex-CT Exec Who Stole $4.4M From CT Company In Crypto Scam Gets 4 Years: Feds
Ex-CT Exec Who Stole $4.4M From CT Company In Crypto Scam Gets 4 Years: Feds A former Connecticut finance executive will serve four years in prison for embezzling more than $4 million from his employer in a slapdash cryptocurrency fraud scheme, federal authorities said.  Dylan Meissner, 31, was sentenced to 48 months in federal prison, followed by two years of probation, after he pleaded guilty to wire fraud charges, The US District Attorney for Connecticut said this week. Meissner must also repay the company $4,633,424.99 — $4.4 million of which he stole, and the rest is for a loan, authorities said.  As vice president of finance at a cryptocurrency …
Former Trump Hater J.D. Vance Selected As Donald Trump's VP Candidate Former Trump Hater J.D. Vance Selected As Donald Trump's VP Candidate
Former Trump Hater J.D. Vance Selected As Donald Trump's VP Candidate Former President Donald Trump unveiled his vice presidential running mate late Monday afternoon, July 15.  US Sen. J.D. Vance of Ohio, age 39, was announced as the pick by Trump on Truth Social just ahead of his appearance at the Republican National Convention in Milwaukee. The post reads as follows: "After lengthy deliberation and thought, and considering the tremendous talents of many others, I have decided that the person best suited to assume the position of Vice President of the United States is Senator J.D. Vance of the Great State of Ohio. J.D. honorably served our Country in the Ma…