Staten Island starts the week with quiet, cool days. Tuesday feels a little chilly, with highs sitting just below the usual range for this time of year. The skies stay mostly clear, but clouds begin to gather by Tuesday night. Those clouds aren’t bringing rain yet—just a hint of what’s coming. By W
Banks are testing ways to put their money onto blockchains, a move that could reshape how payments work. The idea is called tokenized deposits: digital tokens that represent real bank balances on a distributed ledger. These tokens are not just a new form of money; they stay tied to the bank’s own li
Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
Staten Island Academy's boys' basketball team faced a tough loss in the ACIS Championship, falling to Dwight School by just three points. The Tigers, who entered the tournament as the second seed, put up a good fight, especially after being down by 14 points in the second half. They managed to take
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Staten Island and parts of Queens are on high alert due to a coastal flood advisory. This warning comes after a recent snowfall, with the worst expected early Monday morning. The concern is minor flooding, with water levels possibly rising up to six inches above normal. Residents are being told to
Staten Island has long been a challenging area for Democrats. Over the past 40 years, only two Democrats have secured the congressional seat, and their victories were short-lived. Now, Democrats are advocating for a change in district boundaries, arguing that it's about fairness. A judge recently r
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Staten Island saw a big drop in crime in 2025, but not all areas improved. The overall crime rate fell by 0. 7%, but some crimes went up. For example, grand larceny and retail theft saw small increases. However, violent crimes like murder and shootings dropped a lot. Murders went down by 63%, and sh
