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Manhattan’s shopping arteries are clogged with last-minute gift buyers. And museum gift shops are going all out to get the attention of consumers in the days remaining before Christmas.

Stanford University, which was considered a leading contender in the competition to build an applied sciences campus in New York City, has withdrawn its application, less than a month before the winner was to be announced.

Former New Jersey Governor Jon Corzine will testify before the House Financial Services Committee today, his third appearance on Capitol Hill in two weeks. Corzine is being asked to explain the collapse of MF Global, the stock and commodities brokerage firm he led until it filed for bankruptcy at the end of October.

A new analysis shows exactly how much money New York City's so-called "one percent" make: $493,439 a year, at minimum.

Manhattan south of 59th street is pizza country, while Eastern Queens is not.

Insurance companies have paid out more than $52 million in delayed death benefits, in response to an investigation of their practices by New York's Department of Financial Services.

New York hedge fund billionaire Raj Rajaratnam, who was convicted in a vast insider trading scheme, reported to a federal prison in Ayer, Massachusetts, Monday.

Hundreds of anti-hydraulic fracturing activists rallied outside the Tribeca Performing Arts Center to protest the drilling technique they see as a serious public health hazard. Inside the hearings, a Bloomberg administration official said the city regards proposed state controls on so-called fracking does not guarantee the safety of drinking water.

WNYC reporter Ilya Marritz discusses today's final public hearing on the state's proposals to regulate hydraulic fracturing (fracking).

The Bloomberg administration is poised Wednesday to express concern about Albany's plans to allow natural gas drilling near upstate reservoirs during a public hearing in Manhattan on the controversial technique known as fracking.

Thousands are expected to attend public hearings this week in Manhattan and the Catskills, on the controversial subject of hydraulic fracturing, otherwise known as fracking. 

With a consumers ground down by a harsh recession and a weak economic recovery, more retailers this year are offering layaway plans, in an effort to get people spending.

The amount of client money that went missing after a financial company led by former New Jersey Governor Jon Corzine filed for bankruptcy could be much greater than was initially reported.

Internal disagreements over how strictly gas drilling should be regulated have caused an inter-governmental agency to indefinitely postpone a vote on proposed rules for natural gas drilling in the Delaware River watershed.

Approximately 250 were arrested when protesters marched through the streets of Manhattan on Thursday as part of the all-day citywide demonstration that officials said could draw tens of thousands.

PHOTOS: Watch the Protests Unfold in Photos

Two days after Occupy Wall Street protesters were forcibly evicted from their symbolic home in Lower Manhattan's Zuccotti Park, the demonstrators have called for an international day of action. In what could be the largest mass protests yet, Occupy protesters plan to "shut down Wall Street," "occupy the subway" to spread their message to the five boroughs, and take over Foley Square, across the street from New York City Hall. Thursday is the two-month anniversary of the movement. You can watch a live stream of the protest here.

Tonight, New York State regulators will hold the first of four public hearings on the Cuomo administration’s proposal to permit and regulate the natural gas drilling technique called “fracking.” While much of the discussion has focused on the environmental hazards, there is also debate over the economic benefits of fracking, and even the amount of gas contained in the Marcellus Shale.

The hospitality industry isn't happy about it, but New York City is poised to extend higher taxes on hotel stays.

The extent of the damage is far from clear nearly two weeks after the bankruptcy filing of MF Global, the stock and commodities broker formerly led by ex-New Jersey Governor Jon Corzine.

A leading regulator said he will not participate in the investigation of MF Global because he has ties to former New Jersey governor Jon Corzine, who recently resigned from the New York broker-dealer that filed for bankruptcy last week.