The city of Providence, Rhode Island, is suing dozens of Wall Street banks and other financial companies over high-frequency trading» Read More
Elaine Kaufman, owner of Elaine's restaurant on Manhattan's Upper East Side, died last Friday afternoon at age eighty-one.
Elaine Kaufman, the colorful restaurateur whose East Side establishment, Elaine's, became a haven for show business and literary notables, died Friday at the age of 81.
NYU's Stern School of Business Dean Peter Henry believes the recovery will be slower in the US and other advanced economies, where discretionary spending has cooled, while emerging markets—and their newly discovered taste for fine goods—will bounce back more quickly.
If your favorite restaurant seems a bit busier, that's because it probably is, and economists see that as a sign of growing consumer confidence.
“More affluent Americans are opting to rent as oppose to buy. Within the last year, so many people have seen their family and friends get burned in real estate. They don’t see it as being a risk free investment as they used to," says analyst Jack McCabe.
Current New York Attorney General —and now governor elect —Andrew Cuomo maybe going after Steve Rattner. Again.
The World Economic Forum in Marrakech last week included a lesson on energy economics from Manhattan.
The Bulgari Blue Diamond, sold for $15.7 million on Wednesday at Christie's New York, setting a new world record for the price paid per carat for such a stone in open bidding.
By most accounts, investing in the theater is high on the risk scale, but there are opportunities to make a respectable return on your investment. And there's always the perks.
A list of the Top Ten zip codes for political campaign contributions shows that politicians, PACs and political parties are just like the gangster Willie Sutton, who said he robbed banks because “that’s where the money is.” The politicians are the political equivalent—following the money to the nation’s wealthiest enclaves to rake in big bucks.
In this guest author blog, Elkind writes, "Eliot Spitzer and Carl Paladino, liberal Manhattan Democrat and upstate Tea Party Republican, don’t have a lot in common. But they’re both rich. They’ve both endured sex scandals. They’ve both run for governor of New York. And they share a visceral dislike for two powerful men in Empire State politics."
Do not believe the reassurances you might hear about the explosives found in an East Village cemetery.
U.S. Transportation Secretary Ray LaHood says New Jersey's governor has agreed to take the next two weeks to rethink his decision to cancel a massive NJ-NY rail tunnel project.
Gov. Chris Christie cited estimates that the project could be more than $2.5 billion over its budget of $8.7 billion, reports The New York Times.
New York is the birthplace of comic books, and the New York Comic Con, at just five years old, has become a respectable contender as the “it” place for a pop-culture celebration. The show, Friday through Sunday, offers plenty to do and see.
On Wednesday morning a small pop-culture memorabilia shop in Midtown opened an 836-lot auction timed to what would have been Lennon’s 70th birthday, which is Saturday. The prized item was a set of Lennon’s fingerprints made in 1976 as part of his application for citizenship. Minimum bid: $100,000.
Fine dining restaurants were hit the hardest during the recession, followed by casual dining restaurants that specialize in a few pricier offerings such as seafood and steak.
Why do NYC test scores get worse as the kids get older?"
Tenants of Stuyvesant Town and Peter Cooper Village will gather for a foreclosure auction on Monday in the hope of ending months of uncertainty about the fate of their sprawling Manhattan complex. The FT reports.
Recycling is now possible across much of the country, but a complex web of rules—along with corporate and local government desires to be seen being as “green” as possible—can make it hard to figure out what’s really happening to all that rescued waste. Some companies, like Starbucks, are working to navigate those rules.