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Financial 411: Labor Unions Eye a New Target
Labor unions have gone after Wal-mart for years — attacking the world's largest retailer for providing poor wages and benefits and driving small businesses out of business. Now, organized labor has its...
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Financial 411: The Rise of E-Readers
North America's largest book show, BookExpo America, wrapped up Thursday at the Javits Center in Midtown Manhattan, and the makers of several e-readers unveiled their latest tablets:. Barnes &...
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Financial 411: Weekly Business Roundup
New York lawmakers have agreed to a cap on local property taxes after Governor Andrew Cuomo reached a deal with the legislature to cap local property taxes at 2 percent, or the rate of inflation —...
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Financial 411: Case-Shiller Confirms Housing Dip
Housing Continues Its SlumpHome prices have reached their lowest level since the housing bubble burst in 2006. They're being pushed down by foreclosures, a glut of unsold homes and the inability or...
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Financial 411: SUNY's Impact on New York's Economy
Potential Deal for SUNY Tuition Increase Governor Andrew Cuomo and legislative leaders said they are negotiating what could be a 5-percent increase in tuition for the State University of New York.If...
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Financial 411: New Cases in the Insider Trading Probe
Even if the federal government hasn't criminally charged any of the big banks or their top executives for their role in the 2008 financial meltdown, there is one issue prosecutors have aggressively...
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Financial 411: Weekly Business Roundup
This week brought a succession of disappointing economic reports, from housing to industrial production, and on Friday - job creation. The economy added just 54,000 jobs last month. That's much lower...
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Financial 411: New York Public Radio to Buy Four NJ Stations
New Jersey is out of the radio business, and will no longer manage its own television station. New York Public Radio, the owner of WNYC, will acquire four stations from the NJN network, New Jersey’s...
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Financial 411: Can New York City Surpass Silicon Valley as a Tech Center?
It's Internet Week, and all week long, the city has organized events designed to celebrate the local technology industry. Senator Charles Schumer spoke on Monday, setting an ambitious goal for New...
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Financial 411: New York City's Design Sector
Throughout the recession and the recovery, New York City's jobless rate has been lower than the nation's as a whole. It was 8.6 percent in April in the city, compared with 9.1 percent for the entire...
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Financial 411: Developers, Workers Spar on Contracts
New York City has been transformed in the past decade by a construction boom, which created not just office buildings but lots of new condos. The recession put an end to the rapid growth. Construction...
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Financial 411: Weekly Business Roundup
This week, talk about a Congressman Anthony Weiner threatened to derail the entire news cycle. Weiner, who admitted on Monday to sending sexually explicit pictures to several women online, is now under...
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Financial 411: A Look at the Week Ahead
Economic Concerns Continue What's the cure for an ailing economy? Time. That's the overwhelming response from several leading economists polled by the Associated Press. The survey found that many of...
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Financial 411: A Year After Dodd-Frank, New Rules Behind Schedule
It's been nearly a year since sweeping changes to the financial regulatory system were signed into law. That law, known as Dodd-Frank, is supposed to create a new set of rules for the banking industry...
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Financial 411: Did the Fed's Quantitative Easing Work?
The Federal Reserve's sometimes-controversial program of quantitative easing, or QE2, comes to an end in 15 days. Under the program, the Fed bought $600 billion in U.S. treasury bonds, in an effort to...
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Financial 411: A Look at the Latest Jobs Numbers
New York City and state's unemployment rates stayed steady last month — at 8.6 and 7.9 percent, respectively. The state's Labor Department reported that in the past year, New York City had some of the...
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Financial 411: Weekly Business Roundup
For a third straight day, Republican senators in Albany conferenced behind closed doors only to emerge saying they have no agreement on whether to bring a bill legalizing same-sex marriage to the floor...
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Financial 411: The Week Ahead in Business
Investors overcame their fears that the financial crisis in Greece could spread throughout Europe, and pushed the market up on Monday. The Dow Jones finished up 76 points to close at 12,080. The...
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Financial 411: Travel Plans a Go Despite Economy
Many Americans appear determined to go on a vacation this summer despite their anxieties about the economy. But they will have to make an extra effort to find savings, with gas prices and air fares...
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Financial 411: Lobbying Continues in Washington After the Laws are Signed
You might think the lobbying in Washington, D.C., stops on a piece of legislation once it's signed into law. But when it comes to the financial regulatory reform bill, which became law last summer, the...
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