July 15, 2025

new york

Funds

NY congressional delegation warns school funds delay threatens teacher training, English language instruction

New York congressional delegation members warned Thursday the Trump administration’s hold on education funding includes more than $400 million in-state — disrupting school planning and threatening teacher training and English language instruction. The 19 Democrats sent a letter to Education Secretary Linda McMahon and the federal government budget office — first shared with the Daily

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Investors

Why Chinese investors can still expect a warm welcome in many American cities

Most local government officials in the US still welcome Chinese-invested projects despite a rise in trade tensions this year, a Chinese chamber of commerce leader said this week as potential investors weigh up economic benefits and geopolitical risks. City leaders want Chinese investment to help stimulate their local economies, especially in manufacturing projects that are

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Investment

Citizenship by investment programs growing in Caribbean

From acorn-sized beginnings to its towering oak tree proportions today, the concept of Citizenship by Investment (CIP) in the Caribbean has developed into a dependable source of foreign capital for countries. Creating economic diversity for the region’s tourism-dependent nations, CIP initiatives have grown since St. Kitts and Nevis first adopted the income-producing practice in 1984. 

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Crypto

A wild binge, or a friendship turned to torture? Inside NYC’s crypto kidnapping case

Late last month, a bloodied and barefoot man ran from a townhouse in New York’s affluent Northern Little Italy neighbourhood. WARNING: This story contains details that some readers might find distressing. Hailing the attention of a traffic officer, he would recount an alleged tale of weeks-long torture and kidnapping. The apparent purpose? To obtain his

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Funds

Zohran Mamdani Vows $65 Million in NYC funds for Gender Care

If elected mayor of New York City, Democrat candidate Zohran Mamdani is pledging to spend $65 million in city funds on “gender-affirming care” and vows to penalize any hospital that declines to do the surgeries.  Mamdani also plans to establish a city Office of LGBTQIA+ Affairs to provide $87 million in funding that would include

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Funds

Federal funds are not used to enroll undocumented immigrants in Medicaid in New York

U.S. Sen. Rick Scott of Florida criticized New York’s Medicaid program, saying it gets far more from the federal government than his home state and needs to stop covering undocumented immigrants and adults without chronic illness.  “Take Florida. I have four million more people who live in my state,” Scott said during an interview on

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Funds

Longshot NYC mayoral candidate Michael Blake gets $2m in matching funds on eve of primary

Mayoral candidate Michael Blake has secured $2 million in public matching funds approved by the city’s Campaign Finance Board — a significant but belated cash infusion for the longshot campaign. With just five days left in the primary race, the new cash influx infusion likely comes too late for Blake, a former Bronx assemblyman, to

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Crypto

Cryptocurrency Billionaire Sells His South Florida Penthouse for $28.6 Million

Adam Weitsman is the billionaire owner/CEO of Upstate Shredding – Weitsman Recycling, a scrap metal processing company in Owego, New York. He is also the founder and owner of Viridium LLC, a cryptocurrency mining company. Weitsman recently sold his two-story penthouse on Florida’s Sunny Isles Beach for $28.6 million. His home is featured this week

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Finance

NYC Campaign Finance Board withholds $1.3M in matching funds from Cuomo, awards Adrienne Adams $2M

New York City’s Campaign Finance Board dealt a blow to mayoral frontrunner Andrew Cuomo on Friday, withholding $1.3 million in matching funds from him — but gave a big lifeline to his opponent Adrienne Adams, clearing her for $2.4 million in critical public cash as the Democratic mayoral primary election looms weeks away. Adams, the

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Crypto

Crypto crime spills over from behind the screen to real-life violence

HARTFORD, Conn. (AP) — A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van. All, authorities allege, were victims tied to cryptocurrency-related crimes that have spilled out from

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