About one hundred protestors burst into a Midtown Manhattan hotel ballroom, and interrupted Mayor Bloomberg as he gave a speech about the city's economic outlook.

Video: Protestors storm Mayor's speech

Their message for the mayor? Protestor Rickie Matonzala of Brooklyn says the working class should be included in any discussion ...

At least 14 Catholic elementary schools in Brooklyn and Queens could be closed or combined with other schools. The Roman Catholic Diocese of Brooklyn is considering the plan to deal with declining enrollment. Spokesman Father Kieran Harrington says the diocese -- which covers schools in Brooklyn and Queens -- has ...

REPORTER: An Asbury Park, New Jersey restaurant has opened its doors for Christmas, offering free food and activities to anyone who drops in. Marilyn Schlossback owns Langosta Lounge on the boardwalk. She says it's not a soup kitchen, so much as an opportunity for people to find community on Christmas.

SCHLOSSBACK: ...

The city's financial picture grows dimmer by the day. A report from the Fiscal Policy Institute says more of the city's white collar workers are joining the unemployment rolls.

Earlier this week, city agencies were tasked with finding an additional seven percent in cuts to make up for a surprise shortfall ...

First-time City Council candidates have filed a lawsuit against the Campaign Finance Board. They say after the City Council extended term limits, the board is giving an unfair advantage to City Council incumbents by letting them keep the money they raised to run for higher office.

SIMON: So it gives sort ...

US stocks rallied today on word that president-elect Barack Obama has picked Tim Geitner, president of the Federal Reserve Bank of New York, to be treasury chief.

But more ominous signs from Citigroup are keeping the financial mood sour, certainly here in New York. Greg David, editorial director of Crains New ...

City Council members who opposed a term limit extension have filed a new lawsuit. It cites conflict of interest laws to challenge last week's vote in the council.

REPORTER: The attorney for the new suit, Randy Mastro, says the City Charter prohibits elected officials from voting on something they would benefit ...

When the mayor's bill to extend term limits comes up, Council Members David Yassky, Gail Brewer, and Alan Gerson will announce an amendment to bring the decision before voters next year.

Council member Yassky says the amendment will address who should have the power to decide the length of term limits.

YASSKY: ...

Extending term limits excites the mayor and some council members, but it's terrifying to the city's Campaign Finance Board. The group, which gives money to candidates and regulates how much they can spend, doesn't know what to do if the law is changed. For instance, could a candidate use money ...

Kathryn Wylde is president of the Partnership of New York City, a business organization.

She says the plan to buy equity stakes in large banks will have an immediate effect on the economy and keep more people employed.

WYLDE: Hopefully we can limit the losses to the core financial services industry and ...

The New York Civil Liberties Union says peace officers aren't helping in city public schools. They say the NYPD's own records demonstrate that the city's schools are over-policed. NYCLU Executive Director Donna Lieberman says examination of arrest records found police detained more than 300 students for minor violations.

LIEBERMAN: It appears ...

At a time when it's facing a billion dollar deficit, The MTA says it needs to begin charging government cars and trucks that drive over bridges and through tunnels. A committee approved the move today in a 3-2 vote. The full MTA board could vote on it as soon as ...

New York Congresswoman Carolyn Maloney says there's a serious need for regulation of the financial system.

MALONEY: We need to look at how we got here. We need to look at legislative reform but there is an emphasis placed on the need to act, on the need to stabilize these markets.

REPORTER: ...

Health officials say the infant mortality rate is at its lowest level in New York City since such records have been kept.

A new report shows there were 5.4 deaths per thousand live births in 2007 compared to 5.9 in 2006. That's the largest single year drop since 2001.

The Health Department ...

New York delegates at the Republican National Convention are finding things to do in Minnesota other than convention business. RNC officials curtailed today's schedule because of Hurricane Gustav's threat to the Gulf Coast. Rochester delegate Mike Snowdon says he's been waiting all his life to attend a GOP convention, and ...

New York Sen. Hillary Clinton is denouncing a new campaign ad for John McCain that uses her words from the primary season.

CLINTON: Senator Obama's campaign has become increasingly negative.

ANNOUNCER: The truth hurt, and Obama didn't like it.

REPORTER: Clinton mentioned the ad when she spoke to New York delegates in Denver ...