New York City


  • Obama Strongly Backs Islam Center Near 9/11 Site Saturday, 14 Aug 2010 | 8:44 AM ET
    President Barack Obama

    President Obama delivered a strong defense on Friday night of a proposed Muslim community center and mosque near ground zero in Manhattan. The NY T reports.

  • Are Municipal Bonds a Smart Choice for Investors? Monday, 9 Aug 2010 | 2:01 PM ET

    "With municipal bonds you have to take your tax rate into consideration, the lower your tax rate the less attractive muni's are," Ben Thompson,  founding principal of Samson Capital Advisors told CNBC.

  • Victoria's Secret Store in NYC Hit by Bedbugs Friday, 16 Jul 2010 | 5:07 PM ET
    Victoria Secret

    Victoria's Secret shut down one of its Manhattan stores after discovering bedbugs inside, making the lingerie and women's apparel retailer the latest merchant in New York City to have problems with the parasites

  • Mob Money: Organized Crime Still Big Business Tuesday, 22 Jun 2010 | 1:55 PM ET
    John Gotti

    While the days of the flamboyant “Dapper Don” are over, New York's  five major crime families—Bonanno, Colombo, Gambino, Genovese and Lucchese—are still functioning. And more importantly, they’re still making money.

  • Luring LeBron: NYC Beckons; Cleveland Begs Saturday, 5 Jun 2010 | 9:43 AM ET
    LeBron James during Game 6 of the Cleveland Cavaliers v Boston Celtics playoff game.

    Cleveland, a city that has lost its share of celebrities to New York — John D. Rockefeller and George M. Steinbrenner come to mind — is desperate to keep LeBron James, the N.B.A. All-Star who is up for free agency next month.  But New York City, the capital of advertising, is fighting hard to lure him-and his economic impact- to one of its teams.

  • Food Entrepreneurs Taking It To The Streets Friday, 28 May 2010 | 9:53 AM ET

    A new generation of well-educated, tech-savvy owners are launching gourmet street food trucks around the country.

  • More Cities on Brink of Bankruptcy Wednesday, 26 May 2010 | 11:01 AM ET
    Harrisburg, PA

    The chance of a bankruptcy filing by the Pennsylvania capital of Harrisburg looms large these days—and it could be just the tip of the iceberg. Some on Wall Street expect more to come this year—as many at 10 municipal bankruptcies.

  • Small Businesses Still Worried About Reform Bill Saturday, 22 May 2010 | 11:44 AM ET

    The potential impact of financial reform on banks is obvious but many small businesses are worried about how it will affect them and their ability to extend credit to customers—or hedge against potential losses.

  • Padded Pensions Add to New York Fiscal Woes Friday, 21 May 2010 | 10:48 AM ET

    Public pension costs are ballooning everywhere, throwing budgets out of whack and raising the question of whether venerable state pension systems are viable. The New York Times reports.

  • A $12 Cup of Coffee—the Latest Sign of Recovery? Thursday, 6 May 2010 | 1:20 PM ET

    If you thought $4 coffee was expensive, get a load of this — one NYC chain is offering a $12 cup of coffee! So, does that mean the recession is officially over?!

  • New Job Center Opens… in a Bar! Tuesday, 4 May 2010 | 12:52 PM ET

    One Irish pub in Manhattan decided to do its part for the economy, converting its second floor into an unemployment center. Wow, now that's the ultimate one-stop shop!

  • NYPD Interviews Registered Owner of Car Bomb SUV Monday, 3 May 2010 | 3:26 PM ET
    Times Square bomb scare

    Investigators have spoken to the registered owner of a sport utility vehicle that contained a homemade bomb in the failed Times Square terrorist attack, but he is not considered a suspect, officials said Monday.

  • Job Listing: Yo, You Speak Brooklyn? Thursday, 29 Apr 2010 | 1:49 PM ET

    Yo, you speak Brooklyn? If you do, a couple of nice gentlemen may be interested in employing your services. They are willing to offer, how do you say, a "couple of clams."

  • Move Over Napa, New York City’s Making Wine! Wednesday, 28 Apr 2010 | 12:43 PM ET

    New York City is elbowing its way onto the wine scene, with its very own home-grown merlot, premium red and chardonnay. Hey, Vinny, getta load a this!

  • Deal Reached on Rebuilding World Trade Center Site Thursday, 25 Mar 2010 | 4:47 PM ET
    People look out toward the World Trade Center site.

    The Port Authority of New York and New Jersey Thursday reached a tentative agreement with World Trade Center developer Larry Silverstein, ending a 16-month stalemate over rebuilding at the site destroyed in the Sept. 11, 2001 attacks.

  • Rain Floods Northeast Roadways, Knocks Out Power Monday, 15 Mar 2010 | 1:05 PM ET
    A utility truck drives through flood water, Greenburgh, New York on March 14, 2010.

    A torrential rainstorm that brought heavy winds to the Northeast, downing trees, flooding roadways and knocking out power, continued to pour rain on New England on Monday.

  • New York, London Tied as Top Financial Center Friday, 12 Mar 2010 | 9:08 AM ET

    London and New York share the top place in a ranking of financial centers around the world published Friday, followed by Hong Kong and Singapore.

  • Manhattan skyline

    A consensus is emerging that the recession is nearly over in the New York City, largely because of the enormous amount of federal aid poured into the big banks. The New York Times explains.

  • Wall Street Bonuses Rose 17%: Thomas DiNapoli Tuesday, 23 Feb 2010 | 8:19 AM ET
    NYSE Traders

    Bonuses were still a third down from the level before the financial meltdown, Thomas DiNapoli, New York State comptroller, told CNBC Tuesday.

  • Once Stigmatized, Food Stamps Find Acceptance Thursday, 11 Feb 2010 | 11:23 AM ET

    A decade ago, New York City officials were so reluctant to give out food stamps, they made people register one day and return the next just to get an application. The welfare commissioner said the program caused dependency and the poor were “better off” without it.