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Top News & Analysis New York City


  • Amtrak, NJ Senators Propose New Hudson Rail Tunnel Monday, 7 Feb 2011 | 3:24 PM ET

    Amtrak is proposing to spend $50 million on preliminary engineering and design for two new rail tunnels under the Hudson River to link New Jersey and New York City.

  • Another Huge Winter Storm Disrupts US Flights, Traffic Wednesday, 2 Feb 2011 | 6:40 AM ET
    An American Airlines jet taxis to a gate after an overnight ice storm forced the closure of DFW International Airport on February 1, 2011 in Dallas, Texas.

    Thousands of flights were canceled and traffic was heavily disrupted across the US Wednesday as a big winter storm worked its way through the middle and northeast of the country.

  • Rachel Sterne Takes New York Thursday, 27 Jan 2011 | 4:56 PM ET
    Rachel Sterne

    Did NYC just buy an $115,000 marketing campaign?

  • FBI Arrests More Than 100 Suspected Mobsters Thursday, 20 Jan 2011 | 11:59 AM ET

    Federal agents dealt another major blow to New York's five Mafia crime families by arresting more than 100 suspected mobsters throughout the Northeast on charges including murder, extortion and narcotics trafficking.

  • Millions Gathering Worldwide to Ring in New Year Friday, 31 Dec 2010 | 11:46 AM ET

    Multicolored starbusts and gigantic sparklers lit the midnight sky over Sydney Harbor in a dazzling fireworks show witnessed by 1.5 million enthusiastic spectators who camped out all day to ring in the new year.

  • Flights at JFK Sit on Tarmac for Hours Thursday, 30 Dec 2010 | 5:06 AM ET
    Airplane on runway

    At least 28 flights, carrying thousands of passengers, became stranded on the tarmac at John F. Kennedy International Airport in the aftermath of this week’s paralyzing blizzard, officials said. The New York Times reports.

  • Inside Google's New York Headquarters Wednesday, 22 Dec 2010 | 4:38 PM ET
    google 111 eighth avenue

    Google’s purchase of a Manhattan building, estimated to cost $2 billion, and the largest US real estate transaction this year for a single building is a vote of confidence in New York City, according to market watchers.

  • Elaine Kaufman Remembered Monday, 6 Dec 2010 | 3:01 PM ET
    Elaine Kaufman

    Elaine Kaufman, owner of Elaine's restaurant on Manhattan's Upper East Side, died last Friday afternoon at age eighty-one.

  • Restaurateur Elaine Kaufman Dies in New York Friday, 3 Dec 2010 | 2:58 PM ET
    Elaine Kaufman

    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.

  • Luxury Goods, Emerging Markets Seen Fueling Recovery Friday, 3 Dec 2010 | 10:18 AM ET

    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.

  • Restaurants See Best Pickup in Business in 3 Years Tuesday, 30 Nov 2010 | 6:58 PM ET

    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.

  • Rich Americans Ditch Home Ownership For Renting Friday, 26 Nov 2010 | 10:09 AM ET
    Strawberry Mill Valley

    “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.

  • Rattner May Find Himself In Trouble Again. Monday, 15 Nov 2010 | 4:27 PM ET
    Andrew Cuomo

    Current New York Attorney General —and now governor elect —Andrew Cuomo maybe going after Steve Rattner. Again.

  • Tamminen: Energy Lessons From Manhattan Monday, 1 Nov 2010 | 11:12 AM ET
    New York City Skyline

    The World Economic Forum in Marrakech last week included a lesson on energy economics from Manhattan.

  • Diamond Auction Sets New World Record Thursday, 21 Oct 2010 | 12:24 PM ET

    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.

  • The Producers

    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.

  • Top Ten Zip Codes for Political Campaign Contributions Thursday, 14 Oct 2010 | 1:49 PM ET

    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.

  • client_9_elkind_100.jpg

    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."

  • New York City Police Commissioner Raymond Kelly holds a picture of eight sticks of military-grade explosives which were discovered at the Marble Cemetery on October 11, 2010 in New York City.

    Do not believe the reassurances you might hear about the explosives found in an East Village cemetery.

  • New Jersey Governor Chris Christie

    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.