On Demand
Wall Street
NYC Tax Revenues Turnaround in 2011
January 08, 2009
New York City's tax revenues are likely to be sharply down this year, by some 7.5 percent and a new study by the Independent Budget Office says the city is unlikely to start seeing a turnaround until....
Mayor: Obama Stimulus May Not Help in Short-Term
January 08, 2009
Mayor Bloomberg is sounding a note of caution about President-elect Obama's proposed economic stimulus plan, saying it may not do enough to help those who need the money most. Obama laid out goals o....
MTA Chief: Payroll Tax May Offset Fare Increases
January 08, 2009
MTA's chief executive thinks there is a good chance that New York's legislature will approve a payroll tax to offset proposed bus and subway fare increases, and "draconian" service cuts. Lee Sander ....
Skipping Bryant Park
January 07, 2009
Designers decide to opt out of Fashion Week runway shows. ....
Contractor Charged in Crane Collapse
January 05, 2009
A Long Island contractor has been charged with manslaughter, and criminally negligent homicide, in the deadly crane collapse in Midtown last spring that killed seven people. Manhattan District Attor....
All’s Well That Lends Well
January 05, 2009
Even if banks lend again, the market for securitized loans may stay small. ....
Questions for 2009?
January 02, 2009
How many jobs will the city lose? Will investment banks find a new way to make money? ....
The Agony and the Alchemy
January 01, 2009
There were a lot of lessons to be learned in 2008. Business Week writer Roben Farzad has his top five. ....
NJ Budget, Looking Ahead
December 31, 2008
Governor Corzine says he'll announce hundreds of millions of dollars in spending cuts to close a $1.2 billion gap in this year's budget. WNYC's Bob Hennelly has the details. REPORTER: Officials say....
Foot Traffic
December 30, 2008
New York City tries to lure tourists despite worldwide recession. ....
Pension Plans in Peril
The Leonard Lopate Show
December 31, 2008
Find out why pension plans are often the first to go when a company is facing a major financial struggle, and how that’s affecting people around the country who rely on those pensions to pay for their retirement. Journalist
Plastic, Paper, and Metal
December 29, 2008
Wild swings in commodities prices test the city’s recycling program. ....
Financial 411: Dreary Holiday Spending
December 26, 2008
Signs of dreary holiday spending are dimming hopes for a big year-end rally. Greg David, Editorial Director at Crains New York Business, joins us now to recap the week in economic news. ....
Laid Off Media Workers Pick up the Pieces
December 21, 2008
For several years, book publishers, newspapers and magazines have struggled to stay profitable. Now it looks like they are losing that struggle. Publisher Houghton Mifflin has stopped buying manuscri....
NYC Layoffs Spread to Retail and Construction
December 19, 2008
Greg David, editorial director of Crain's New York Business, joins us for a wrap up of the week's economic news. ....
Smith Mum on Thorny State Finances
December 18, 2008
Queens State Senator Malcolm Smith may want to become the leader of the Senate, when Democrats take control of the body next month. But he didn't show much leadership today, as he dodged questions a....
Budget Cuts Hit Schools Hard
December 18, 2008
The city's Department of Education is preparing a list of possible budget cuts, to be delivered to City Hall on Monday, following Mayor Bloomberg's request that agencies slice another seven percent f....
Time to Retire the 401 (k)?
December 18, 2008
The unemployment rate in New York State shot up last month, from 5.7 to 6.1 percent. It's the biggest jump in unemployment in seven years. Citing the bad economy, Federal Express announced today it w....
Obama Taps Mary Schapiro to Head SEC
December 18, 2008
President-elect Obama is expected to name Mary Schapiro to head the Securities and Exchange Commission. Schapiro is currently CEO of the Financial Industry Regulatory Authority, the largest independe....
Like an Old Balloon…
December 17, 2008
A silver lining to the financial mess we're in: prices really are dropping, and not just on West Texas crude. Clothes, cars, even the proverbial pint of milk have all gotten cheaper. David Leonhardt ....