World Bank fears Donald Trump’s austerity axemen could demand spending cuts: sources
World Bank officials, who have come under fire for missing $24 billion in climate change funds, are panicking at the prospect of deep budget cuts as President-elect Donald Trump pledges to cut U.S. government spending. The Post reported that. Officials accuse the Washington-based financial institution's top brass of operating it like a slush fund for […]
Contenders Trump is vetting to replace FTC Chair Lina Khan: sources
President-elect Donald Trump has shortlisted candidates to replace Lina Khan as chair of the Federal Trade Commission. Those include J.D. Vance's aide Gail Slater and current FTC Commissioner Andrew Ferguson, sources familiar with the matter told the Post. Mr. Khan, whose aggressive enforcement tactics on antitrust laws have roiled the business world, has drawn occasional […]
FBI raided home of Polymarket CEO over alleged illegal bets by US users: sources
The FBI's shocking pre-dawn raid on the founder of election gambling site Polymarket turned out to be part of a criminal investigation into whether the company accepted bets from US users. This would violate the agreement the company had with the government. The Justice Department ordered a “court-authorized law enforcement operation” at Shane Coplan's Manhattan […]
Hochul to relaunch controversial NYC congestion pricing: sources
Gov. Kathy Hochul is expected to announce a plan Thursday to reinstate congestion pricing at a base rate of $9, the paper reported. Congestion toll revisions in Hochul confirmed by multiple sources will lower the $15 toll for cars into Lower Manhattan, which was originally scheduled to begin in June, before the governor placed it […]
James Dolan abruptly scraps tie-up with arena manager in beef over Las Vegas NBA venue plan: sources
James Dolan has abruptly ended his partnership with the company that manages his sports and entertainment venues after the company revealed plans to build a new arena in Las Vegas. Dolan believes the project could compete directly with Sphere, the Post reported. The billionaire Knicks owner quietly ended his unusual 14-month partnership with Oakview Group, […]
Sicko busted for fatally strangling woman outside Times Square hotel after random stalking: sources
A Thicke officer accused of strangling a woman to death outside a Times Square hotel was arrested in New Jersey on Tuesday, law enforcement officials said. Jaheem Warren, 33, stalked a random woman in Midtown on October 29, strangled her to death, and dumped her body on the sidewalk in front of the Riu Plaza […]
Ben Carson jockeys for HHS secretary in Trump’s Cabinet: sources
Dr. Ben Carson, a prominent neurosurgeon who led the 2016 presidential campaign, is seeking the position of Secretary of Health and Human Services under President-elect Donald Trump, the Post reported. Carson, 73, served as President Trump's Secretary of Housing and Urban Development from 2017 to 2021, but has no desire to serve in that post […]
Vagrants may have accidentally started NYC’s Prospect Park fire: sources
Homeless people camping in Brooklyn's Prospect Park may have ignited a weekend wildfire that burned two wooded acres in the urban oasis, The Post has learned. Ta. Law enforcement officials say there are indications that a vagrant staying in a secluded part of the park may have accidentally started the fire, which later engulfed the […]
Trump weighs Wall Street lawyer Richard Farley as SEC chair candidate: sources
A top Wall Street lawyer known for his research on leveraged buyouts has been floated as a candidate to head the Securities and Exchange Commission under the Trump administration, the Post reported. According to people familiar with the matter, Richard Farley, a partner at the blue-chip New York law firm Kramer, Levin, Naftalis & Frankel […]
Fired NYC computer store worker busted in shooting of ex-boss: sources
A fired computer repair shop employee who shot and killed his former boss in a broad daylight Upper West Side attack was arrested Friday morning — fleeing through a subway tunnel and then under a train. almost 24 hours after he went into hiding, law enforcement officials said. Queens resident Eduardo Diaz, 42, faces attempted […]