New York City Mayor Eric Adams’s administration is unraveling.Late Saturday night, the mayor abruptly announced the resignation of his top lawyer and most ardent public defender. Days earlier, his police commissioner stepped down under pressure as a quartet of federal probes targeting numerous members of Adams’s inner circle hits a boil.The stunning departure of chief counsel Lisa Zornberg, a former federal prosecutor, opened up a new and troubling chapter in the political and legal crisis now gripping City Hall.“I am tendering my resignation, effective today,” Zornberg wrote in a short letter, “as I have concluded that I can no longer…
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The Canadian Dollar (CAD) is little changed on the session, holding within its recent trading range against the USD without picking up the support that is lifting its G10 (or even commodity) peers, Scotiabank’s Chief FX Strategist Shaun Osborne notes. CAD trades little changed “Current spot levels are, however, more or less right on the CAD’s fundamental fair value, according to out model’s output this morning (1.3570). The slight widening in US/Canada short-term yield/swap spreads over the past couple of weeks remain a handbrake on the CAD’s performance. Markets are concerned perhaps that a more aggressive Fed rate cut could…
Confluent, Inc. (NASDAQ: CFLT), a provider of prepackaged software services, announced the appointment of Kong Phan as its new Chief Accounting Officer. Phan, who has served as the company’s Corporate Controller since April 2017, will take on the role effective immediately, succeeding Rohan Sivaram, who retains his position as Chief Financial Officer. Phan, 42, brings a wealth of experience to his new position, having previously held various accounting roles at notable companies such as Polyvore Inc., Electronic Arts (NASDAQ:), Gap Inc (NYSE:)., and Ernst and Young, LLP. He is a Certified Public Accountant in California and holds a B.S. from…
The Dodge Charger, while overshadowed by its sibling the Challenger, continued to evolve and improve throughout its production run. Despite the initial fanfare for the Challenger, Dodge remained dedicated to the Charger, producing nearly 50,000 units with a strong emphasis on V8 power. While most Chargers rolled off the assembly line with V8 engines, a limited number of 300 were equipped with six cylinder units. The Charger and Charger 500 offered a 225ci six-cylinder base engine, but the real power came from the V8 options. The 381ci V8, rated at 230 horsepower, was the base V8 choice. Dodge also offered…
milan2099 / iStock.comOne of the fastest ways to grow your money is to make sure it is doing the earning for you, and not the other way around. If you don’t want to take higher risks with your investments, such as with stocks or bonds, a high-yield savings product is your next best bet. Certificates of deposit are a great way to invest your funds and know exactly how much you’ll have at the end of its term length.Today’s featured pick is the 2-year CD account offered by Elements Financial. This account has an APY of 5.72%. With a required…
CUHRIG/E+ via Getty Images Vale (NYSE:VALE) said Saturday it is conducting additional checks on one of its tailings dams in Brazil after a routine inspection identified surface cracks, but so far has found the structure remains in stable condition. The company said in a Brazil securities filling that the operations were underway at the Forquilha III dam at the Fabrica iron ore mine in Ouro Preto, in Brazil’s Minas Gerais state. Vale (VALE) said the dam is at emergency level 3, the highest level among its dams, and is under permanent monitoring, with a downstream containment structure in place and…
GameStop Corporation (GME), a retailer specializing in video games, consumer electronics, and gaming merchandise, has unveiled a bold new strategy centered around “retro” gaming to reclaim its foothold in the gaming industry. Last month, GameStop announced the opening of various retro locations that sell old consoles and hardware, as well as software discs. In a post on X, formerly known as Twitter, GME shared the logo for its upcoming retro stores, accompanied by a banner featuring video game consoles, including the Super Nintendo, Game Boy, Sega Genesis, Dreamcast, and several others. In an era where the digital marketplace dominates, GameStop…
Global X bietet Zugang zu europäischen Unternehmen mit Beteiligung an Infrastrukturprojekten. 6. September 2024, FRANKFURT (Börse Frankfurt). Seit Donnerstag ist ein neuer Exchange Traded Fund von Global X über Xetra und Börse Frankfurt handelbar.Der Global X European Infrastructure Development UCITS ETF bildet die Wertentwicklung des Mirae Asset European Infrastructure Development Index ab. Der Index beinhaltet in Europa börsennotierte Unternehmen, die am Bau und der Entwicklung großer wirtschaftlicher, sozialer und digitaler Infrastrukturprojekte in Europa beteiligt sind. Dazu gehören Unternehmen, die an der Planung und dem Bau von Infrastrukturprojekten, einschließlich Rechenzentren, sowie an der Produktion und dem Verkauf von Rohstoffen, Verbundwerkstoffen und Produkten für…
The Federal Reserve is set to announce a cut to its benchmark interest rate on Wednesday — the first cut in four years. And with experts speculating a half-point cut, it’s bound to push slipping rates on accounts like certificates of deposit even lower.Yet CDs are still a safe, stable way to get ahead of falling rates. That’s because they come with fixed yields that won’t change over the life of your term, helping you to maintain today’s best returns even after Fed cuts this week and to come.Right now, you’ll find the most competitive rates on shorter terms of…
Image source: Getty Images Over the past two years, Rolls-Royce (LSE:RR) shares have surged 540%! Just let that sink in. A £10,000 investment during the ill-fated Liz Truss premiership would be worth £64,000 today. But there’s a little more good news for Rolls-Royce shareholders, and it means investors don’t need to sell their shares to realise their returns on the stock. In the company’s results for the first half of the year, management said it was looking to reinstate its dividend with more information to be shared in the full-year results. So, what could this dividend look like? The dividend…