Press Digest: New York Times business news - May 14

International Money Express

14/05/2026 06:54

May 14 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.

- New York City Mayor Zohran Mamdani urged the New York State Department of Financial Services to block Western Union's WU.N proposed $500 million acquisition of International Money Express IMXI.O.

- The Trump administration will withhold $1.3 billion in federal Medicaid payments from California, Vice President JD Vance announced on Wednesday.

- The Senate on Wednesday confirmed Kevin Warsh to become the next chair of the Federal Reserve.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))