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Financial 411: The $600 Trillion Question

by Lisa Chow

February 08, 2010

WNYC’s Lisa Chow explains stalled efforts to regulate the over-the-counter derivatives market. ....

Winning App Helps NYers Make Sense of City Data

by Lisa Chow

February 05, 2010

City officials want to make it easier for you to get around town, and they want technology to help you do it. So last fall, Mayor Bloomberg released 170 data sets to software developers around the c....

Financial 411: Creditors Take Control of Largest Real Estate Complex in NYC

by Lisa Chow

January 25, 2010

WNYC’s Cindy Rodriguez and Lisa Chow report on the decision by Tishman Speyer and BlackRock Realty to give up Stuyvesant Town and Peter Cooper Village. ....

Rise in NYC Unemployment Explained

by Lisa Chow

January 22, 2010

The city's unemployment rate jumped from 10 percent to 10.6 percent last month, the highest in 16 years. WNYC's Lisa Chow explains why. REPORTER: It's kind of almost an accounting problem. There was....

Paterson Proposes Small Fixes to Raise Funds

by Lisa Chow

January 20, 2010

Gov. David Paterson says he has some small ways to raise funds for the state. These include boosting alcohol sales, expanding gambling, and allowing Ultimate fighting matches in New York. The govern....

Financial 411: Taking “The Street” to Madison Avenue.

by Lisa Chow

January 18, 2010

WNYC's Lisa Chow reports on the challenges of workplace diversity. ....

'Sully,' Passengers, and Crew Celebrate Anniversary of Hudson Jet Landing

by Lisa Chow

January 15, 2010

There was applause for Captain Chesley Sullenberger as the pilot walked into a Midtown breakfast on the first anniversary of US Airways Flight 1549's landing in the middle of the Hudson River. "On J....

Financial 411: Wall Street Under Oath

by Lisa Chow

January 12, 2010

The titans of Wall Street are in Washington tomorrow to answer questions from members of the Financial Crisis Inquiry Commission. Guests: Richard Sylla, of NYU Stern School of Business, and Simon Jo....

Financial 411: Making Gambling Profitable Again

by Lisa Chow

January 11, 2010

WNYC’s Lisa Chow reports on New York City Off-Track Betting Corporation’s plan to restructure itself and emerge from bankruptcy protection. ....

OTB Asks for a Break

by Lisa Chow

January 08, 2010

The Off Track Betting Corporation is pressing state lawmakers to change a mandate that requires it to pay most of its revenues to the racing industry, the city, and the state, before it pays its own ....

2009: A Buyer's Market For Manhattan Real Estate

by Lisa Chow

January 05, 2010

2009 was the year of the falling Manhattan real estate market. The sales price of a typical Manhattan apartment was 810-thousand dollars by the end of last year, down more than 20 percent from the ho....

Sober Note to Start Bloomberg's Third Term

by Lisa Chow

January 01, 2010

Mayor Bloomberg's inauguration speech today at City Hall is expected to touch on crime, innovation, and a commitment to the city. The ceremony will be toned down compared to Bloomberg's previous inau....

Bloomberg Signs Oath of Office for Third Term

by Lisa Chow

December 31, 2009

Mayor Michael Bloomberg signed the oath of office for his third and presumably final term today, before the city clerk at City Hall. He also paid the clerk a $9 fee. In 2001, when he was first sworn ....

Battle Over Fees Could Take Fox Off Time Warner Cable

by Lisa Chow

December 30, 2009

Fox TV shows including House, American Idol, and The Simpson's, could be the first casualties of 2010 for many cable customers in our area. Fox and Time Warner Cable are engaged in a very public batt....

Unemployment Rate Drops in City

by Lisa Chow

December 17, 2009

The city's unemployment rate has fallen to 10 percent, matching the national unemployment rate. That's according to new state labor department figures, which show the state's jobless rate improving f....

Mad Men Take Hit: NY Ad Spending Down As Much As 15 Percent

by Lisa Chow

December 14, 2009

New York's advertising industry took a big hit this year with total ad spending estimated to be down as much as 15 percent. It's causing some executives to rethink their approach. WNYC's Lisa Chow re....

Paterson Warns of 'Fiscal Disaster'

by Lisa Chow

December 09, 2009

Gov. David Paterson says New York has just $3 million in cash on hand and he will decide this week what payments to defer so the state can stay solvent. "We are in a very deep quagamire," Paterso....

NY Fed Prez Blasts Compensation of Bailed-Out Bankers

by Lisa Chow

December 08, 2009

The president of the New York Federal Reserve Bank says he finds it "deeply offensive" that some of the very same individuals and banks that helped bring about the financial crisis are benefiting fro....

Store Owners Hold Their Breath, Eye December Sales

by Lisa Chow

December 07, 2009

Many boutiques are closely tracking their sales numbers as December is often a make or break month for those stores that rely on big holiday sales. WNYC's Lisa Chow reports. REPORTER: Charles Branst....

Guilty Plea in NYS Pension Probe

by Lisa Chow

December 04, 2009

An investment manager has pleaded guilty to bribing managers of New York State's pension fund, in order to get its business. Elliott Broidy, chairman of Markstone Capital Partners, made nearly $1 mil....