SEC Approves America’s First 23-Hour Stock Exchange Backed By Steve Cohen For 2025 Launch

SEC Approves America’s First 23-Hour Stock Exchange Backed By Steve Cohen For 2025 Launch

The US Securities and Exchange Commission (SEC) approved America’s first round-the-clock national securities exchange yesterday, according to a press release. The 24X National Exchange will be set up in two phases. The first stage, expected to be implemented in the second half of 2025, would enable trading of US-listed shares between 4 a.m. and 7 … Read more

Kathy Hochul vetoes bill to force NYC casino bidders to move fast or lose their chance

Kathy Hochul vetoes bill to force NYC casino bidders to move fast or lose their chance

Gov. Kathy Hochul vetoed a bill that would have pushed up a deadline for bids to open a casino in or around New York City. “Changing the timeline …. would likely have the impact of helping certain bidders and hurting others,” Hochul said in her veto message. “I cannot support a bill that aims to … Read more

Complete guide to who’s game for NYC area’s next casinos

Complete guide to who’s game for NYC area’s next casinos

Gaming giants and real-estate honchos are putting all their chips on the table to win one of three coveted licenses to operate a casino in or around New York City. “There’s still a large market for land-based casinos in this country and the New York City metropolitan market in particular,” said Albany Law School Professor … Read more

Mets owner Steve Cohen eyes new $1B AI fund: report

Mets owner Steve Cohen eyes new B AI fund: report

Steve Cohen, the hedge fund titan who owns the New York Mets, wants to raise $1 billion to buy stocks in artificial intelligence firms, Bloomberg reported on Monday. Sources told the financial newswire his Point72 Asset Management firm will create a new fund to bet on or against AI hardware and semiconductor companies. The 68-year-old … Read more

‘We’re leaving $2B on the table’

‘We’re leaving B on the table’

Two state lawmakers say it’s time to roll the dice on awarding casino licenses in the New York City area and are backing a bill that would speed up the current much-criticized timetable. Sen. Joseph Addabbo (D-Queens) and Assemblyman Gary Pretlow (D-Mount Vernon) are pushing a proposed law in the waning days of the state legislative … Read more

David Stearns confident Mets’ struggling lineup will get going

David Stearns confident Mets’ struggling lineup will get going

PHILADELPHIA — With an offense that has not hit for the majority of the still-early season, the Mets are leaning on their past and believing it will eventually become their present. Francisco Lindor entered play with a .200 average and .651 OPS. Pete Alonso’s on-base percentage had sunk to .306. Jeff McNeil, the 2022 NL … Read more