Should Albany raise taxes on the very richest New Yorkers in order to plug the budget hole?
How valuable are upstate New York's untapped natural gas reserves? No one knows for sure. But as WNYC's Ilya Marritz reports, a new joint venture gives some clues.
REPORTER: StatoilHydro, a Norwegian company, will pay $3.4 billion dollars for a one-third share in Chesapeake Energy's northeast natural gas operations. Chesapeake has ...
President Bush warns against too much oversight of Wall Street, but Michael Greenber of the University of Maryland thinks differently.
Treasury says no bailout money will go to mortgage-backed securities. New York contemplates “green jobs” and Douglas Holtz-Eakin says he is “underwhelmed” by Paulson’s performance.
Amex’s decision to reclassify itself, plus job hunt tips for out-of-work Wall Streeters.
The taxpayer bailout of AIG is growing. Over the weekend, the Fed and the Treasury brokered an additional $40 billion for the mega-insurer, bringing the total rescue package to $150 billion.
And now a local lesson in why AIG was considered too big to fail, and why the rescue may have ...
New Jersey auto dealers feel stranded as credit and consumer confidence both dry up.
What president-elect Obama can do to re-set America’s financial system.
Blogger Jeff Jarvis on newspaper and magazine layoffs, and what media can do to save itself.
From Buffalo to Long Island, state businesses are suffering from a nosedive in consumer confidence.
As donations dry up, museums are dusting off their permanent collections.
How credit cards are using sophisticated data analysis to tighten up consumer lending.
Financial historian Richard Sylla on what the response to the Panic of 1907 may tell us about the mess we’re in today.
Financial historian Richard Sylla explains how today’s financial crisis is a lot like the Panic of 1907 – and how the Panic influenced the 1908 presidential election.
The Citizens Budget Commission’s Carol Kellermann says Michael Bloomberg’s reputation for budget mastery is deserved –- but he could have done more to tame spending.
Momentum is building for a rescue plan for homeowners in trouble. But what would be the best way to help?
Why delisting from stock exchanges is threatening household-name chains.
After Lehman went under, investors were owed billions in insurance on bonds. The deadline to settle those accounts was today.
Despite the recent meltdown, big financial institutions continue to lobby for less oversight and regulation.
We hear how a Brooklyn contractor sees the financial crisis.