Stories from New York · United States

Mayor Momdani acknowledged New Yorkers' concerns and frustration regarding increased ICE raids across the city. The mayor stated that these raids are leading to the detention of New Yorkers, citing the recent detention of a delivery worker after his Grubhub shift. Mayor Momdani stated that New York City laws leave no room for interpretation regarding the NYPD's refusal to participate in civil immigration enforcement. The comments follow an online video showing an officer allegedly pushing a man during a protest outside Weichoff Heights Medical Center on Saturday. The protest was directed against ICE enforcement actions. Mayor Eric Adams stated that NYPD officers will not participate in civil immigration enforcement. The Mayor's comments follow reports of a disturbing video allegedly showing an officer interacting with a protester over the weekend.

The Dow Jones Industrial Average fell by more than 540 points, representing a decline of over 1%. The Shanghai Composite Index decreased by 60 points to 10,0534. Taiwan's ADIA index rose 0.99%. The Taiwan Stock Exchange Index rose 1,778 points, marking its largest single-day gain in history, with contributions from TSMC, MediaTek, and ASE Technology Holding. This drop occurred on Monday. The S&P 500 dropped 29 points to 7,200, and the Wilshire 5000 declined 60 points to 100,534. Brent crude futures increased by $6.27 to $114.44 per barrel, and West Texas Intermediate crude rose $4.48 to $106.42 per barrel. The NASDAQ dropped 47 points and the S&P lost 29 points. Oil prices rose with Brent crude closing above $114 and other oil closing above $106 a barrel. US Treasury yields have surpassed the 5% mark. The report mentions that US stock markets declined on Thursday.

Police are investigating a series of hate crimes involving anti-Semitic graffiti in New York. At one residence on 110th Road, a neighbor reported swastikas spray-painted on her garage. The same resident stated vandals climbed to her balcony and threw eggs at a glass sliding door.

New York regulators have fined Delta Dental $2.25 million following a 2023 data breach involving the MOVEit hack. The fine is related to the company's alleged reduction of hail damage payouts.

Crypto billionaire Justin Sun has filed a lawsuit against the Trump family's World Liberty Financial for extortion regarding locked funds. The Trump family has responded with a defamation countersuit, alleging a coordinated smear campaign by Sun.

Long Lake has agreed to acquire American Express Global Business Travel (Amex GBT) as part of an artificial intelligence strategic bet.

A new broadband investment initiative aims to empower more than 4,000 households with high-speed internet access. The program is expected to nearly double the number of people benefiting from such services in the city.

JPMorgan Chase & Co. has recruited Will Boyle from Morgan Stanley. Boyle will lead a team focused on advising private equity firms regarding the structuring of private deals.

Americans are projected to spend nearly $3.2 billion on green products this season. The figure represents a portion of consumer spending in the green sector. The source did not specify the exact timeframe for this spending beyond the current season.

A firm backed by General Catalyst Partners has agreed to acquire a global business travel company. The deal is valued at approximately 6.3 billion shares, representing a 57.3% stake in the travel platform.