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Apple shares pop 4% as shoppers race to buy updated iPhones, MacBooks
Apple shares popped more than 4% on Friday morning after reporting huge demand from shoppers for its flagship iPhones and MacBooks – but Wall Street still has questions about the company’s artificial intelligence strategy. The Big Tech giant crushed earnings...
Spirit Airlines preparing to shut down after failing to secure $500M bailout from Trump admin
Spirit Airlines is preparing to shutter operations after a $500 million bailout deal with the Trump administration fell apart, according to a report Friday. The embattled budget airline has been unable to secure enough funding from the government and certain...
US imposes sanctions on three Iranian currency exchanges — accusing them of laundering billions
The US Treasury Department imposed sweeping sanctions Friday on three major Iranian currency exchange houses and more than a dozen front companies, The Post has learned, accusing them of laundering billions of dollars in foreign currency to bankroll Tehran’s...
Chirayu Rana — former JPMorgan banker at center of ‘completely fabricated’ ‘sex slave’ allegations against Lorna Hajdini — left new job 3 weeks ago
Wall Street financier Chirayu Rana, the anonymous ‘John Doe’ who filed a sensational—and fiercely disputed—sexual harassment lawsuit against a JPMorgan Chase executive has left investment firm Bregal Sagemount, senior company sources have told The Post. The...
Brooklyn neighborhood shocked as beloved bakery suddenly closes after 124 years: ‘A part of childhood ripped away’
Say it ain’t dough. After 124 years, Caputo’s Bake Shop, a fixture of Brooklyn neighborhood Carroll Gardens, has baked its last loaf of Italian bread. And owner James Caputo is overwhelmed at the thought of saying goodbye. “I haven’t cried since I was a child,...
How to convince Jerome Powell to leave the Fed? Take away his parking spot
Jerome Powell confirmed this week that he won’t leave the Federal Reserve next month after he steps down as chairman – but some of his detractors are already floating ideas on how to change his mind, On The Money has learned. “My advice is to take away his...
David Zaslav isn’t just making himself rich selling Warner to Paramount — ask his employees
Yes, David Zaslav made a boatload of money selling Warner Bros. Discovery to Paramount Skydance – a payout worth more than $800 million that shareholders begrudged him earlier this month in the form of a non-binding vote against it. What’s less talked about is...
Jack Dorsey won’t give up on Vine
Jack Dorsey is funding the return of Vine, now called Divine, 11 years after its demise. The new decentralized, AI-free video app launched Thursday, allowing 500,000 creators to reclaim accounts. Divine aims to be an antidote to algorithm-driven platforms,...
Gold IRA rules and taxes: What to know before you sign anything
New York Post may receive revenue from affiliate and advertising partnerships for sharing this content and/or when you make a purchase. The recent outperformance of gold has turned many skeptical investors into gold bugs. Gold has other virtues that look...
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