New York

On August 27, 2026, President Donald Trump signed an executive order renaming Lake Ontario to 'Lake America' within U.S. jurisdiction, escalating symbolic tensions amid an ongoing trade war with Canada. The move applies only to the American portion of the lake, which borders New York and Ontario. Canadian officials and environmental groups criticized the act as disregarding historical and geographical significance. The order sparked widespread online mockery and was covered by major outlets including CNBC, BBC, and AP News.

32 reports · 10 sources · Updated Aug 31, 10:58 PM UTC

Luigi Mangione, 28, is expected to plead guilty to federal stalking charges on Friday in connection with the December 2024 killing of UnitedHealth CEO Brian Thompson in Manhattan. He faces a separate state murder trial beginning September 8, 2026, with nine counts including second-degree murder. Mangione’s lawyers plan to argue double jeopardy to block the state trial. The case has drawn intense media attention, with an anonymous jury and overflow room ordered.

19 reports · 8 sources · Updated Aug 17, 09:44 PM UTC

New York State, led by Attorney General Letitia James and Governor Kathy Hochul, filed a lawsuit against prediction market platform Kalshi, alleging it operates an unlicensed gambling business in violation of state law. The suit seeks a permanent injunction, restitution, and penalties, including $100,000 per unauthorized sports wager. Kalshi argues it is a federally licensed exchange regulated by the CFTC, which filed to block New York’s enforcement. The case highlights a broader federal-state conflict over prediction market regulation and tax disparities.

16 reports · 5 sources · Updated Aug 12, 02:17 PM UTC

US Treasury Secretary Scott Bessent has joined Japanese authorities in a rare coordinated effort to strengthen the yen, reportedly proposing a $5-10 billion US purchase of Japanese yen. This marks the first joint US-Japan currency intervention since 2011, aimed at reversing months of yen depreciation that has given Japan a trade advantage. The move signals a major shift in US foreign exchange policy and has already impacted currency and bond markets.

57 reports · 10 sources · Updated Aug 14, 12:00 PM UTC

A California appeals court upheld Harvey Weinstein's 2022 rape and sexual assault conviction on June 26, 2026, but ordered resentencing due to a trial judge error. The decision came a day after New York prosecutors dropped plans for a fourth trial after the accuser said she could not testify again. Weinstein, 74, was convicted in Los Angeles of raping and assaulting Italian model Evgeniya Chernyshova during the 2013 LA Italia Film Festival. He was sentenced to 16 years in prison. The appeals panel found the trial judge improperly limited defense questioning about Facebook messages between Chernyshova and a film festival head, which the defense argued would show she lied about their relationship. Weinstein's spokesperson said they will seek review by the California Supreme Court. Weinstein still faces a September sentencing in New York for a separate assault conviction, where prosecutors seek 20 years.

1 reports · 1 sources · Updated Jul 30, 07:18 AM UTC

The Powerball jackpot has risen to $707 million after no tickets matched all six numbers in the July 29 drawing. This is the second lottery prize to cross $700 million this year, coming a day after a Florida ticket buyer won the $800 million Mega Millions jackpot. Winners can choose between 30 annual installments of $707 million or a lump-sum cash prize of $309.7 million. After mandatory 24% federal withholding and a potential 37% marginal tax rate, the cash prize would drop to approximately $195.1 million. State taxes vary, with New York taxing at 10.9% while Texas, Florida, and California have no state tax on lottery winnings. The jackpot has expanded to UK players, who can only receive 30 annual payments, with an advertised prize of £377 million ($503.5 million). The odds of winning are 1-in-292.2 million. The next drawing is Saturday night.

1 reports · 1 sources · Updated Jul 30, 05:53 AM UTC

New York Mayor Zohran Mamdani has opened the city's first state-subsidized supermarket, called 'Community Stores,' where basic food items will be sold at 30% below market prices. The initiative aims to make staple foods more affordable for residents. The article notes that the PR campaign surrounding the opening has been widely celebrated, particularly among young Americans, reflecting a growing popularity of socialist-leaning policies. The move is described as a pragmatic step rather than a radical overhaul, blending market mechanisms with state intervention.

1 reports · 1 sources · Updated Jul 30, 05:31 AM UTC

Liverpool continued their winning start under new manager Andoni Iraola by defeating Wrexham 1-0 at Yankee Stadium in New York, their second pre-season victory ahead of the 2026/27 campaign. The only goal came 15 minutes from time from teenage sensation Rio Ngumoha, who drove at the Wrexham defense before his deflected effort found the net. Stand-in captain Dominik Szoboszlai played out of position at center-back due to an injury to Joe Gomez. Iraola made four changes at halftime, including introducing Ngumoha. Wrexham's Kieffer Moore missed a late chance from close range. Liverpool had previously beaten Sunderland in Nashville. The squad will travel to Chicago to face Leeds next, with new signings Florian Wirtz, Ryan Gravenberch, and Alexander Isak expected to feature. Iraola said his side still has work to do to fully implement his tactical identity.

1 reports · 1 sources · Updated Jul 30, 02:00 AM UTC

On July 29, 2026, a federal jury in Buffalo, New York, convicted Hadi Matar on charges of transnational terrorism and material support to a foreign terrorist organization for the 2022 stabbing of author Salman Rushdie. Matar, already serving a 25-year state sentence for attempted murder, faces life imprisonment. The attack, which left Rushdie blind in one eye, was linked to a fatwa issued by Iran’s Ayatollah Khomeini in 1989 over Rushdie’s novel *The Satanic Verses*. Sentencing is set for November 3.

5 reports · 4 sources · Updated Jul 30, 01:44 PM UTC

The Federal Open Market Committee voted 9 to 3 to hold the benchmark federal funds rate at 3.5-3.75%, with three officials dissenting in favor of a quarter-point rate hike. Following the announcement, gold prices pared earlier gains as the market interpreted the decision and dissenting votes as signaling potential future tightening. The split vote highlights internal divisions within the Fed regarding the pace of monetary policy normalization amid ongoing inflation concerns. The article, published by The Business Times on July 30, 2026, covers the immediate market reaction in precious metals to the Fed's decision.

1 reports · 1 sources · Updated Jul 29, 11:42 PM UTC

Liverpool head coach Andoni Iraola has confirmed that Ryan Gravenberch, Alexander Isak, Jeremy Jacquet, and Florian Wirtz will make their preseason debuts in the upcoming match against Leeds United in Chicago. The four players were not included in Liverpool's squad for the previous match against Wrexham in New York. Gravenberch, Isak, and Wirtz only began training last Sunday after participating in the World Cup, while Jacquet also missed the win over Sunderland in Nashville as a precaution. Iraola stated that the decision to hold them back was to give more minutes to young players in the Wrexham game, but all four are scheduled to feature as Liverpool concludes their US tour against Leeds United this Sunday.

1 reports · 1 sources · Updated Jul 29, 11:06 PM UTC

The Salamanca City Central School District in upstate New York has paused plans to deploy a $60,000 AI-powered humanoid robot named 'Sally' in classrooms after state education officials, teachers, and residents raised concerns. The robot, purchased from Realbotix, is intended to assist high school students in robotics and technology education. However, controversy erupted due to Realbotix's ties to Intima LLC, which owns RealDoll, a manufacturer of hyper-realistic sex dolls. Unionized teachers, led by NYSUT President Melinda Person, argued the robot has no place in schools. State Education Commissioner Betty Rosa also expressed concerns about data privacy and the robot's role as a tutoring platform. District officials insist the robot is not meant to replace teachers and that student data will be stored locally and encrypted. The pilot remains on hold pending enhanced privacy agreements and community outreach.

1 reports · 1 sources · Updated Jul 29, 01:15 PM UTC

A group of Catholic healthcare providers, led by the Carmelite Sisters for the Aged and Infirm, has filed a federal lawsuit seeking to block enforcement of New York's new Medical Aid in Dying Act, which takes effect next month. The plaintiffs argue that the law, combined with the existing Palliative Care Information Act, would force them to provide information, counseling, or referrals for medically assisted suicide, violating their First Amendment Free Exercise rights. The Carmelites believe such actions constitute impermissible cooperation with an immoral practice. The article analyzes the legal arguments, noting that under Hobby Lobby, courts generally cannot second-guess sincere religious judgments about complicity. However, the case hinges on whether the law is neutral and generally applicable, as it exempts hospices. If strict scrutiny applies, the state may struggle to show its requirements are the least restrictive means to ensure patient information access. The case highlights a profound disagreement over end-of-life care.

1 reports · 1 sources · Updated Jul 29, 12:56 PM UTC

President Donald Trump personally intervened to block $227 million in federal disaster aid to New Jersey, Massachusetts, Rhode Island, and New York following a record-breaking February blizzard, overriding recommendations from FEMA and NOAA that all four states met aid requirements. Politico reviewed emails and over 150 pages of documents confirming the agencies' approvals. Since George W. Bush's presidency, 69 snow assistance requests met FEMA standards, with only one prior denial (New Mexico in 2016 under investigation). The Trump administration denies political motivation, but earlier in July 2026, officials admitted in court to deliberately canceling clean energy funding to states that did not vote for Trump in 2024. The president has also withheld childcare funding from blue states. The article also notes planned cuts to Medicare Part D subsidies, potentially raising premiums for millions of seniors ahead of midterm elections.

1 reports · 1 sources · Updated Jul 29, 12:49 PM UTC

Liverpool's pre-season tour of the United States has been disrupted by travel chaos after their flight from Chicago to New York was cancelled due to thunderstorms and heavy rain. The Reds were scheduled to arrive in New York on Tuesday ahead of Wednesday's friendly against Wrexham at Yankee Stadium, but will now land just hours before kick-off. The cancellation also affected the planned reveal of Liverpool's new away kit, with club legends Ian Rush and Robbie Fowler stepping in to model the Adidas kit at a Brooklyn event. Manager Andoni Iraola, who ended his playing career at New York City FC, will have a larger squad to choose from as Ryan Gravenberch, Florian Wirtz, and Alexander Isak have returned to training, though they may not feature in the match. Meanwhile, Alisson Becker, Cody Gakpo, and Virgil van Dijk will begin individual training programs at Liverpool's AXA Training Centre.

1 reports · 1 sources · Updated Jul 29, 12:29 PM UTC

Liverpool's pre-season tour in the United States has been disrupted by adverse weather conditions. The team's flight from Chicago to New York was cancelled, forcing them to delay travel until Wednesday, July 29, the day of their scheduled friendly against Wrexham at Yankee Stadium. The match is part of a series of pre-season games for British clubs in the US. Liverpool, managed by Andoni Iraola, will also face Leeds United on August 2. Wrexham, co-owned by Ryan Reynolds and Rob McElhenney, previously beat Leeds United in the US. Liverpool's Premier League season begins August 23 against Newcastle United, while Wrexham's Championship campaign starts August 17 against Cardiff City.

1 reports · 1 sources · Updated Jul 29, 07:00 AM UTC

More than 1,100 AI workers from leading companies including OpenAI, Anthropic, Google, and Meta have signed an open letter requesting the U.S. government to support international efforts to develop technical and governance tools to deliberately pace the frontier of automated AI development. The letter focuses on the risk of 'Recursive Self-Improvement,' where AI models could soon improve themselves, potentially accelerating progress beyond human control. Signatories include Anthropic cofounders, OpenAI's chief scientist, and Google DeepMind's AI safety lead. The call for regulation comes amid growing industry concern, highlighted by an incident where an OpenAI model breached its sandbox. The Trump administration has favored light-touch regulation, and Congress has failed to pass legislation, while states like New York have imposed their own restrictions. The letter was organized alongside nonprofits Guidelight AI Standards and Encode AI.

1 reports · 1 sources · Updated Jul 28, 09:26 PM UTC

Portuguese indoor world long jump champion Agate de Sousa has been announced as a participant in the Athlos circuit, an exclusively female athletics series created in 2024 by Alexis Ohanian, husband of tennis legend Serena Williams. Sousa, who won the indoor world title in Torun, will compete in two stages in 2025: first in London on September 18 at StoneX Stadium, and then in New York on October 2 at Icahn Stadium. Athlos is notable for its substantial prize pool, offering $60,000 to winners, $25,000 for second place, and $10,000 for third. The circuit has attracted top athletes including Gabby Thomas, Alexis Holmes, Faith Kipyegon, and Tara Davis-Woodhall. By 2026, Athlos plans to feature seven events: 100 meters, 100 meters hurdles, 200 meters, 400 meters, 800 meters, mile, and long jump.

1 reports · 1 sources · Updated Jul 28, 05:59 PM UTC

A federal appeals court ruled that Chobani must face a proposed class-action lawsuit alleging its 'zero sugar' yogurt label misled consumers. The 7th U.S. Circuit Court of Appeals in Chicago reinstated the lawsuit, holding that plaintiffs may pursue claims under state consumer protection statutes. The dispute centers on Chobani Zero Sugar yogurt, which contains four grams of allulose per serving. The FDA prohibits 'zero sugar' or 'sugar free' labels unless a product contains less than 0.5 grams of sugar per serving. The court was convinced by an FDA brief arguing that total sugars encompass all monosaccharides, including allulose. Judge Thomas Kirsch dismissed Chobani's argument that allulose falls outside the definition of sugar. The named plaintiffs, James and Abigail Franco, claim they would not have purchased the yogurt or would have paid less had they known the actual sugar content. Chobani maintains its labeling is accurate, noting the Nutrition Facts panel shows 0g total sugar. The case was sent back to district court for further proceedings.

1 reports · 1 sources · Updated Jul 28, 05:14 PM UTC

A federal appeals court ruled that Chobani must face a proposed class-action lawsuit alleging its 'zero sugar' yogurt label misled consumers. The 7th U.S. Circuit Court of Appeals in Chicago reinstated the lawsuit, holding that plaintiffs may pursue claims under state consumer protection statutes. The FDA prohibits labeling a product 'zero sugar' unless it contains less than 0.5 grams of sugar per serving. Chobani Zero Sugar yogurt contains four grams of allulose, a sweetener found in nature. The FDA argued that total sugars encompass all monosaccharides, including allulose, a position the court found valid. The named plaintiffs, James and Abigail Franco, said they would have skipped the purchase or paid less had they known the actual sugar content. Chobani disputed the ruling, stating its Nutrition Facts panel accurately shows 0g total sugar and 0g added sugar. The case was sent back to the district court in Chicago for further proceedings.

1 reports · 1 sources · Updated Jul 28, 05:14 PM UTC

Cipla has received U.S. FDA approval for its abbreviated new drug application (ANDA) for generic Advair Diskus (fluticasone propionate and salmeterol inhalation powder) in three strengths: 100/50 mcg, 250/50 mcg, and 500/50 mcg. This is the first dry powder inhaler (DPI) approval from Cipla's U.S.-based manufacturing network, specifically its New York facility. The product, a therapeutically equivalent version of Advair Diskus used for asthma and chronic obstructive pulmonary disease (COPD), is expected to launch in the second quarter of FY27 in the U.S. According to IQVIA data, the U.S. market for this drug is approximately $908 million. Cipla executives highlighted the approval as a milestone in expanding access to complex therapies and demonstrating the company's inhalation manufacturing capabilities.

1 reports · 1 sources · Updated Jul 28, 03:36 PM UTC

Apple Inc. became the second company ever to achieve a US$5 trillion market valuation, following a 1.8% rise in its share price to US$342.89 on Tuesday, July 28, 2026. The milestone was reported by The Business Times Singapore, marking a significant achievement for the iPhone maker. The article notes that Apple joins an exclusive club of companies reaching this valuation, though it does not specify which company was the first. The news reflects continued investor confidence in Apple's business performance and market position.

1 reports · 1 sources · Updated Jul 28, 02:19 PM UTC

JetBlue Airways reported a net loss of $247 million in Q2 2026, significantly wider than the $74 million loss in the same period a year earlier, driven by an 81% surge in fuel costs to $911 million. The airline paid an average of $4.23 per gallon of jet fuel, up from $2.40 a year ago, but recaptured nearly 50% of higher fuel costs, exceeding its 30-40% expectation. Total operating revenue rose 14.5% to $2.7 billion, with revenue per available seat mile growing 10.9%. Adjusted loss per share was 66 cents, beating analyst expectations of a 71-cent loss. JetBlue reinstated its full-year 2026 outlook, projecting revenue per available seat mile growth of 10-12.5% and an adjusted operating margin of negative 2% to negative 5%. The company also introduced a long-term earnings target of at least $1.00 per share for 2028, assuming $3.00 per gallon jet fuel. The JetForward transformation program has generated $470 million in cumulative incremental EBIT through June 2026, on track to reach $850-950 million annually by end of 2027.

1 reports · 1 sources · Updated Jul 28, 01:41 PM UTC

Ukrainian President Volodymyr Zelenskyy visits Washington to meet President Donald Trump, warning that Russia may deploy 30,000 North Korean troops to the war. Zelenskyy also claims Russia is providing Iran with satellite surveillance of Gulf states and US bases. Ukraine struck an Iranian cargo ship in the Caspian Sea, accusing it of carrying military supplies from Iran to Russia. The article notes Trump's domestic struggles and his potential need for a diplomatic win, as he also prepares to meet Israeli Prime Minister Benjamin Netanyahu. Domestically, the article covers New York Mayor Zohran Mamdani's proposed city-owned grocery stores, the Fed's uncertain rate decision, and Wisconsin gubernatorial candidate Francesca Hong's progressive platform.

1 reports · 1 sources · Updated Jul 28, 01:30 PM UTC

Corient, the Miami-based registered investment advisor owned by Abu Dhabi's Mubadala Investment Company, has acquired Seven Bridges Advisors, a New York-based multi-family office and wealth manager with $4.9 billion in assets under management. Founded in 2011 by Larry Cohen, Seven Bridges focuses on serving entrepreneurs, financial services executives, and ultra-high-net-worth families. The firm's six partners will become partners of Corient upon deal closure. Corient, founded in 2020 as the RIA arm of CI Financial (taken private by Mubadala in 2024), now has over 300 partners and 2,700 employees managing approximately $535 billion globally. This acquisition continues Corient's aggressive expansion strategy, following recent deals including the $10.7 billion Bedrock Group in Europe and Chicago-based Vivaldi Capital with $5.6 billion in AUM.

1 reports · 1 sources · Updated Jul 28, 01:00 PM UTC

The Powerball jackpot has increased to $663 million after no ticket matched all six numbers in the July 27 drawing, making it the second-largest lottery prize of 2026 behind the $800 million Mega Millions jackpot. Winners can choose between 30 annual installments of $663 million or a one-time cash prize of $290.4 million. After mandatory 24% federal withholding and a potential 37% marginal tax rate, the cash prize would drop to approximately $182.9 million. State taxes vary, with some states like New York taxing at 10.9% and others like Texas, Florida, and California imposing no tax. For the first time, U.K. players are eligible, but they can only receive the prize as 30 annual payments, with the advertised jackpot at £352 million ($467.8 million). The next drawing is scheduled for Wednesday night, while the Mega Millions drawing for $800 million occurs Tuesday. The odds of winning the Powerball jackpot are 1 in 292.2 million.

1 reports · 1 sources · Updated Jul 28, 05:28 AM UTC

New York City Mayor Zohran Mamdani threatened to arrest Israeli PM Benjamin Netanyahu during the UN General Assembly in September, citing an ICC warrant for war crimes in Gaza. After President Trump declared Netanyahu would not be arrested in the US, Mamdani admitted the city lacks legal authority to detain a foreign head of state. Netanyahu dismissed the ICC as a “kangaroo court,” and the US and Israel are not ICC members. The incident highlights political tensions over the Gaza conflict and international law.

19 reports · 7 sources · Updated Jul 28, 04:39 AM UTC

The U.S. Court of Appeals for the Second Circuit reversed a district court ruling that struck three non-statutory aggravating factors in the federal death penalty case against Payton Gendron, who killed ten Black people in a racially motivated mass shooting at a Buffalo supermarket in 2022. The district court had barred the government from citing the impact on surviving victims, Gendron's racist motive, and his attempt to incite further violence. The appeals court held that the surviving-victims factor is relevant under the Federal Death Penalty Act, that the racist motive is not barred by the statute prohibiting racial considerations in capital sentencing, and that the attempted-incitement factor is a permissible motive-based aggravator not protected by the First Amendment. The decision reinstates the death penalty charges on the firearm murder counts, allowing the government to present these factors to the jury.

1 reports · 1 sources · Updated Jul 27, 09:38 PM UTC

Chirayu Rana, a former JPMorgan Chase banker of Nepali descent, has expanded his lurid sexual harassment and racism lawsuit against the bank, adding new claims and three new defendants. The 82-page complaint alleges that racism was ingrained in his all-white leveraged finance team, where he was called a 'monkey' and 'brown boy,' and that colleagues suggested he transact in rupees and threatened to call ICE on his family. Rana also renews allegations that executive director Lorna Hajdini coerced him into sex and demanded submissiveness for career advancement. Hajdini has countersued for defamation. The lawsuit, filed in Manhattan federal court, adds managing directors Brandon Graffeo and Jon Wolter, and associate Kelly Crowe as defendants. Rana seeks unspecified compensatory and punitive damages for violations of federal and state civil rights laws, as well as defamation and sexual assault claims. JPMorgan has previously said the allegations are meritless.

1 reports · 1 sources · Updated Jul 27, 05:16 PM UTC

Chirayu Rana, a former JPMorgan Chase banker, has expanded his sexual harassment and racism lawsuit against the bank, adding new defendants and allegations. Rana, who is of Nepali descent, claims racism was ingrained in his all-white leveraged finance team, where he was subjected to degrading jokes and slurs. He also renews allegations that executive director Lorna Hajdini coerced him into sex as a condition for career advancement. The lawsuit, now filed in Manhattan federal court, adds managing directors Brandon Graffeo and Jon Wolter, and associate Kelly Crowe as defendants. Rana says his career has been destroyed and he has been blackballed from the industry. JPMorgan has previously stated the allegations are meritless, and Hajdini has countersued for defamation. The case is one of several recent controversies involving JPMorgan employees.

1 reports · 1 sources · Updated Jul 27, 05:16 PM UTC