Thousands of athletes from around the world will soon converge on the Olympic Games. And it’s not just gold they’re after, but green. Sponsorships will earn swimmer Ryan Lochte almost $2 million this year, according to an estimate from Forbes. And even athletes who aren’t yet superstars have a chance to pick up some cash.

Food vendors selling everything from falafels and hot dogs to ice cream sandwiches and schnitzel will get a chance to weigh in on sweeping changes to the rules governing the way street food is prepared and sold.

The recent admission by Barclays Bank that it manipulated a key interest rate, the LIBOR or London Interbank Offered Rate, has raised questions about how state and local government finances have been affected in the U.S.

Officials in one of New York's wealthiest and most populous suburban counties say they are preparing to sue major banks for manipulating a key interest rate, which allegedly cost the county millions of dollars.

A decision is close for the future the Kingsbridge Armory in the Bronx. From a broad field that once included a film studio and a megachurch, sources say there are now just two leading bidders for the century-old landmarked building.

The nonprofit that has spearheaded many of Mayor Michael Bloomberg's biggest economic development initiatives over the past decade conceded in a settlement Monday that it illegally lobbied the City Council for projects, and has pledged to restructure to avoid further violations.

Demolition was underway Tuesday on the four-story brownstone in Brooklyn where workers are removing pieces of the masonry from the top floor of the building that collapsed a day earlier. 

Home prices in Manhattan declined slightly in the second quarter of the year, but what's selling has changed significantly. More people are buying co-ops than condos, and smaller apartments now represent more than half of all sales.

Portions of a three-story brownstone building in Brooklyn collapsed early Monday morning, but residents escaped without injury.

Officials in the office of Brooklyn District Attorney Charles Hynes are defending their handling of an decades-old child sex abuse case in the ultra-Orthodox Jewish community.

The hype over new shoes is so great that some entrepreneurs have discovered it’s possible to make a living flipping shoes: waiting on long lines to get a sneaker before it sells out, and then re-selling it at a significant mark-up.

News Corporation, the parent company of the New York Post, the Wall Street Journal and Fox News, may split in two.

Along upper Fifth Avenue on Sunday afternoon, the predominant sounds were birdsong and the shuffle of feet on pavement as thousands of New Yorkers took to the streets to protest the NYPD's practice of 'Stop and Frisk' employing an unusual tactic: silence.

Last month's national employment report was a disappointment, but locally, the jobs picture is considerably better.

Both legal teams have made their closing arguments in the federal trial of Rajat Gupta, the former head of the McKinsey consulting firm, who was accused of leaking confidential information about two major American companies — Procter & Gamble and Goldman Sachs — where he sat on the board.

As the insider trading trial of prominent businessman Rajat Gupta enters it’s fourth week, it’s looking more and more unlikely that a verdict will be delivered by June 15.

Lloyd Blankfein, CEO of Goldman Sachs, was cross examined in a Manhattan courtroom Friday. It was his third day of testimony in the federal trial of Rajat Gupta, a prominent businessman and former member of the investment bank's board.

The economics behind the rise of food trucks in New York City are surprisingly complex. Ilya Marritz, WNYC reporter, discusses the convoluted permitting system for food trucks, and the black market that's sprung up as a result.

Running a food truck may be the hippest job around. But there is a shadowy side to food trucks’ fun and quirky image. In order to get started, many of these gourmet trucks flout the law, and pay high prices to obtain black-market vendor permits. They say they have no choice.

For the second time in as many years, Goldman Sachs chief executive Lloyd Blankfein is testifying at an insider-trading trial.