Overcast 52°
Tag:

Wall Street

Politics
Trump Taps Billionaire Financier, Long Island Native For Commerce Secretary Trump Taps Billionaire Financier, Long Island Native For Commerce Secretary
Trump Taps Billionaire Financier, Long Island Native For Commerce Secretary President-elect Donald Trump has picked another New Yorker for a top Cabinet post. Howard Lutnick, a Long Island native from Jericho and the chairman and CEO of Cantor Fitzgerald, is his pick for commerce secretary. “He will lead our tariff and trade agenda, with additional direct responsibility for the Office of the United States Trade Representative,” Trump announced on Truth Social on Tuesday, Nov. 19. Earlier Report: Trump Selects Vaccine-Skeptic Robert F. Kennedy Jr. As Secretary Of Health, Human Services Lutnick, a co-chair of the president-elect’s transition team, has spent …

SHARE

by Michael Mashburn
Lifestyle
Westchester's Own Michael Douglas To Receive Achievement Award In Fairfield County Westchester's Own Michael Douglas To Receive Achievement Award In Fairfield County
Westchester's Own Michael Douglas To Receive Achievement Award In Fairfield County Longtime actor and producer Michael Douglas, a longtime New York resident, will receive a Lifetime Achievement Award in Connecticut.  The 79-year-old Douglas, a Westchester County resident formerly of Bedford and now living in Irvington-on-Hudson, will be presented the award on Tuesday, Oct. 22, in Fairfield County, at the Avon Theater in Stamford. "We are thrilled to recognize Michael Douglas with the Avon Theatre Lifetime Achievement Award," said Peter H. Gistelinck, the Avon Theatre executive director. "Mr. Douglas' exceptional talent, dedication to his craft, and enduring impact on…

SHARE

by Kathy Reakes
Politics
Incoming NY Congressman Accused Of Fabricating Background To Address Questions 'Next Week' Incoming NY Congressman Accused Of Fabricating Background To Address Questions 'Next Week'
Incoming NY Congressman Accused Of Fabricating Background To Address Questions 'Next Week' Incoming New York Congressman George Santos will wait until after Christmas to address accusations that he duped voters into backing him by fabricating major parts of his resume. Santos, a Republican set to represent the state’s 3rd District on Long Island’s North Shore and parts of Queens beginning in January 2023, addressed the controversy in a post on Twitter Thursday, Dec. 22. Earlier Report: NY Congressman-Elect May Have Lied About Key Parts Of Resume, Report Says “To the people of #NY03 I have my story to tell and it will be told next week,” Santos said. “I want to assure everyon…

SHARE

by Michael Mashburn
Politics
Trump Held In Contempt By NY Judge, Ordered To Pay $10K Per Day For Not Responding To Subpoena Trump Held In Contempt By NY Judge, Ordered To Pay $10K Per Day For Not Responding To Subpoena
Trump Held In Contempt By NY Judge, Ordered To Pay $10K Per Day For Not Responding To Subpoena The New York Attorney General won what she called a “major victory” in her ongoing investigation into former President Donald Trump and his business dealings. Attorney General Letitia James announced on Monday April 25, that Trump is being held in contempt of court by the New York State Supreme Court for failing to comply with previous orders to provide documents amid the ongoing investigation. Earlier story - NY AG Asks Judge To Hold Donald Trump In Contempt Of Court Trump will now be fined $10,000 daily for each day that he continues to violate the court’s orders to produce the documents…

SHARE

by Zak Failla
Politics
Westchester GOP Businessman Harry Wilson Announces Run For NY Governor Westchester GOP Businessman Harry Wilson Announces Run For NY Governor
Westchester GOP Businessman Harry Wilson Announces Run For NY Governor A millionaire GOP businessman from the Hudson Valley has thrown his hat into the 2022 gubernatorial ring and announced that he will be challenging for incumbent Democratic Gov. Kathy Hochul’s seat in Albany. Westchester resident Harry Wilson, age 50, of Scarsdale, announced on Tuesday, Feb. 22 that he plans to make a gubernatorial run “to turn around New York.” "I'm running for governor to turn around New York," he announced. "Our state is totally broken. Rising crime, sky-high taxes, closed schools, corrupt politicians. 
“I’ve spent my career turning around failing organizations. Let’s g…

SHARE

by Zak Failla
Politics
Trump Organization Lied To Tax Officials, Banks About Properties, NY AG Says, Seeking Subpoenas Trump Organization Lied To Tax Officials, Banks About Properties, NY AG Says, Seeking Subpoenas
Trump Organization Lied To Tax Officials, Banks About Properties, NY AG Says, Seeking Subpoenas Letitia James is turning up the heat on former President Donald Trump and his family. The New York attorney general is seeking a court order to compel the former president and his two oldest children, Donald, Jr., and Ivanka to testify in their fraud case regarding their alleged misleading activity involving multiple properties and the Trump Organization. Earlier story - Trump 'Delay Tactics Won't Stop Our Investigation,' NY AG Says “We are taking legal action to force Donald Trump, Donald Trump, Jr., and Ivanka Trump to comply with our investigation into the Trump Organization's fin…

SHARE

by Zak Failla
Politics
Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says
Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says The top person tasked with keeping President Joe Biden safe will be leaving his post for a cushy job on Wall Street, according to multiple reports. David Cho, the head of Biden’s security detail, has been hired by an investment firm after being a part of the Secret Service for more than two decades. The news was first reported by Bloomberg, which cited people close to the situation who are familiar with the matter. It is unclear what firm has plucked Cho away from the White House. Cho was the first Korean American to become a special agent-in-charge of the Secret Service’s Presidential Pr…

SHARE

by Zak Failla
Politics
Trump Impeachment Attorney Running For NY AG Trump Impeachment Attorney Running For NY AG
Trump Impeachment Attorney Running For NY AG The trial attorney who served as the majority counsel during former President Donald Trump’s impeachment trials announced that he is running to become “The People’s Lawyer of New York.” Dan Goldman, a Democrat who was the lead prosecutor in the first impeachment probe and as a staff counsel in the second, announced that he is running to replace New York Attorney General Letitia James, who previously announced a gubernatorial run. Related story - 'I'm Running For Governor': NY AG Letitia James Makes It Official The 45-year-old Goldman took to social media to announce his "people-powered ca…

SHARE

by Zak Failla
Lifestyle
Master The Stock Market With This Under-$30 Investment Training Master The Stock Market With This Under-$30 Investment Training
Master The Stock Market With This Under-$30 Investment Training It’s a common and unfortunate myth that you need to have a fancy and expensive degree in finance in order to make money in the stock market. In fact, some of the world’s most successful investors are self-taught, and there are plenty of ways to see profits regardless of the amount you’re willing to invest. The Wall Street Survival & Stock Trading Guide Bundle will teach you everything you need to know in order to take advantage of all the stock market has to offer, and it’s available today for 98% off at just $29.99. Whether you’re a first-time investor looking to get your feet wet or a…

SHARE

by Daily Voice Shop
News
Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme
Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme A former Wall Street trader has been sentenced to over five years in prison after admitting to defrauding investors in a $19 million Ponzi scheme. Long Island resident Paul A. Rinfret, 71, of Manhasset, had pleaded guilty to one count of wire fraud and one count of securities fraud last fall. This week, Rinfret was sentenced to 63 months in prison. According to Acting United States Attorney for the Southern District Audrey Strauss, Rinfret alleged that he touted “extremely high returns in his trading,” when in reality he simply stole the investors’ money to fund a lavish lifestyle. I…

SHARE

by Joe Lombardi
News
Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says
Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says Wall Street giant Morgan Stanley will be cutting hundreds of jobs due to an “uncertain global economic outlook,” according to a new report. Morgan Stanley will be cutting approximately 1,500 jobs - roughly 2 percent of its workforce - impacting employees in technology, operations, sales trading, and research. The New York-based bank currently employees more than 60,000 people. According to CNBC, in October, Morgan Stanley posted third-quarter profit and revenue figures that beat analysts’ expectations. The company produced $10.1 billion in revenue, exceeding analysts’ estimates by appr…

SHARE

by Zak Failla
Politics
Ocasio-Cortez Joins Bernie Sanders' Call For 15 Percent Cap On Credit Card Interest Ocasio-Cortez Joins Bernie Sanders' Call For 15 Percent Cap On Credit Card Interest
Ocasio-Cortez Joins Bernie Sanders' Call For 15 Percent Cap On Credit Card Interest Freshman Congresswoman Alexandria Ocasio-Cortez’s latest major bill since taking office has a powerful backer. The 2007 Yorktown High School graduate and presidential hopeful Bernie Sanders just introduced a proposal to cap credit card interest rates at 15 percent this week, which would rein in the profits major banks can capitalize on. The legislation has been dubbed the “Loan Shark Prevention Act.” Currently, the national average annual percentage rate his 17.73 percent, while the median was sitting at 21.36 percent, according to CreditCards.com. “Despite the fact that banks can borro…

SHARE

by Zak Failla