PRESS DIGEST- New York Times business news - May 14

International Money Express
Western Union Company

International Money Express

IMXI

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Western Union Company

WU

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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.


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