Latest New York City News

Drugmaker Pfizer starts low with 2023 earnings forecast

Jan. 31, 2023 09:11 AM EST

Pfizer surprised Wall Street by predicting a bigger-than-expected sales drop this year for two key products: its COVID-19 vaccine and treatment. The drugmaker also released an earnings forecast that starts off below analyst expectations, sending shares lower before the opening bell...

Chicago prosecutor dropping R. Kelly sex-abuse charges

Jan. 31, 2023 06:43 AM EST

CHICAGO (AP) — A Chicago prosecutor said Monday that she's dropping sex-abuse charges against singer R. Kelly following federal convictions in two courts that should guarantee the disgraced R&B star will be locked up for decades. Cook County State's Attorney Kim Foxx announced...

Biden to highlight grant for NYC rail tunnel under Hudson

Jan. 31, 2023 05:27 AM EST

WASHINGTON (AP) — New day, new tunnel. President Joe Biden is ready to showcase a $292 million mega grant that will be used to help build a new rail tunnel beneath the Hudson River between New York and New Jersey, part of a broader effort to draw a contrast between his economic...

Reports: New grand jury in NY examining Trump hush money

Jan. 30, 2023 21:25 PM EST

NEW YORK (AP) — Manhattan prosecutors investigating Donald Trump have convened a new grand jury to hear evidence in a years-old probe into payments made to keep the porn star Stormy Daniels quiet about an alleged sexual encounter with the former president, according to multiple news reports. ...

Amina Luqman-Dawson’s 'Freewater' wins John Newbery Medal

Jan. 30, 2023 17:45 PM EST

NEW YORK (AP) — For years, Amina Luqman-Dawson made time to write a children's book she calls her "little quiet project," a historical adventure about a community of escaped slaves that she completed while raising a son and working as a policy consultant and researcher on education and domestic...

What winter? NYC goes without any measurable snowfall so far

Jan. 30, 2023 17:01 PM EST

NEW YORK (AP) — It's winter, so where's the white stuff? It's not covering the ground in New York City. Since summer ended, there hasn't been any measurable snowfall in the city, meaning at least one-tenth of an inch accumulating on the ground, according to the National Weather...

For Trump, Georgia election case just one of many legal woes

Jan. 30, 2023 12:13 PM EST

An investigation in Georgia on efforts by Donald Trump and his allies to overturn his 2020 election defeat is one of a number of cases that pose legal problems for the former president. A judge in Atlanta is weighing arguments on whether to release a special grand jury's report...

Julie Otsuka, Ed Yong win Carnegie Medals for Excellence

Jan. 30, 2023 11:28 AM EST

NEW YORK (AP) — Novelist Julie Otsuka has strong memories of libraries from her childhood California — the bike rides with her best friend to the local branch; the soft, firm sound of librarians closing books; the shopping bags she and her friend would fill with science fiction and other...

Fed, set to impose smaller hike, may hint of fewer increases

Jan. 30, 2023 11:02 AM EST

WASHINGTON (AP) — The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording in its post-meeting statement about future rate...

Irving has 32 points, Nets beat Knicks for 9th straight time

Jan. 28, 2023 21:06 PM EST

NEW YORK (AP) — Kyrie Irving grew up in New York and New Jersey, so he knows better than most whether the Knicks against the Nets is a real rivalry. “If the NBA calls it rivalry week, then it’s a rivalry,” Irving said. Only a one-sided one. ...