Tag: New York

New York Fed President: Pace of Rate Increases Depends on How Economy Responds

April 3, 2022
Business & Economyeconomic policieseconomyFederal ReserveinflationJohn WilliamsMarketsNew Yorkpresidentrate
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PRINCETON, N.J.—The Federal Reserve needs to move monetary policy towards a more neutral stance, but the pace at which it tightens credit will depend on how the economy reacts, New York Fed President John Williams said Saturday. Williams, in response to questions at a symposium about whether the Fed needed to hasten its return to…

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New York City Will Mandate Masks for Children Under 5 Years Old

April 3, 2022
AMERICACCP VirusEric AdamsLocal NewsNew YorkNew York CityNY NewsNY PoliticsRegional-Local NewsUSUS News
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New York City Mayor Eric Adams said that the city would mandate children aged 2 to 4 to continue wearing masks after a judge issued an order in favor of his administration. “Every decision we make is with our children’s health and safety in mind. Children between 2 and 4 should continue to wear their…

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New York Will Mandate Masks for Children Under 5 Years Old

April 3, 2022
AMERICACCP VirusEric AdamsLocal NewsNew YorkNew York CityNY NewsNY PoliticsRegional-Local NewsUSUS News
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New York Mayor Eric Adams has said that the city will mandate children aged 2 to 4 to continue wearing masks after a judge issued an order in favor of his administration. “Every decision we make is with our children’s health and safety in mind. Children between 2 and 4 should continue to wear their…

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Republican Running Against Stefanik Caught on Video Filling Petitions for Himself, Drops Out of Race

April 2, 2022
2022 Midterm ElectionsCandidatedrop outelise stefanikLocal NewsNew YorkPoliticsRegional-Local NewsUS
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Lonny Koons, a Republican who was a primary challenger to Rep. Elise Stefanik (R-N.Y.) for the 21st Congressional District of New York dropped out after allegations of illegally filling petition sheets. Parked at a Walmart on March 24, Koons, a trucker and veteran who was allegedly anti-Trump, was video recorded in his car signing petitions for himself,…

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New York Judge Rejects Democrat-Drawn Congressional Maps, Orders New Ones

April 1, 2022
congressional mapsLocal NewsNew YorkNY PoliticsPoliticsRegional-Local NewsUSUS News
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A New York judge has ordered new congressional and legislative maps to be drawn for the state after striking down maps drawn by the Democrat-controlled legislature, declaring those maps as having been “unconstitutionally drawn.” Judge Patrick F. McAllister, an acting state Supreme Court justice in Steuben County, ordered the state’s legislature to draw new “bipartisanly supported…

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12-Year-Old Boy Becomes First Minor to Die of Gunshot in NYC in 2022 After Being Struck by Stray Bullet

April 1, 2022
Crime and IncidentsLocal NewsNew YorkNY NewsnycRegional-Local NewsUSUS News
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A 12-year-old boy has become the first minor to die in a shooting in New York City in 2022, after he was fatally shot by a stray bullet on March 31. Police confirmed that the boy had been sitting in a parked car with two relatives in Brooklyn when he was shot in the head by stray bullets…

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Terminated NYC Workers Ask Mayor to Spare Them From Vaccine Mandates Since Athletes Are Now Exempt

March 31, 2022
AMERICACCP VirusLocal NewsNew YorkNY NewsNY PoliticsRegional-Local NewsSocial IssuesUSUS Newsvaccine mandateVaccines & Safety
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NEW YORK—Amid record-cold temperatures, hundreds gathered in Flushing Meadows Corona Park on Tuesday to protest against the city’s COVID-19 vaccine mandates, imploring Mayor Eric Adams to allow city workers who were fired for not taking the jabs to be rehired. Adams recently granted vaccination exemption for the city’s athletes and performers. “We are not anti-vaxxers,…

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Inversion of Key US Yield Curve Slice Is a Recession Alarm

March 31, 2022
AMERICABusiness & EconomyBusinesses in COVID-19CCP VirusCompanieseconomyinflationinversionLocal NewsMarketsNew YorkrecessionRegional-Local NewsUSUS Newsus treasuryyield curve
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NEW YORK—A closely monitored section of the U.S. Treasury yield curve inverted on Tuesday for the first time since September 2019, a reflection of market concerns that the Federal Reserve could tip the economy into recession as it battles soaring inflation. For a brief moment, the yield on the two-year Treasury note was higher than…

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Ex-Goldman Banker’s Wife Testifies in Husband’s Defense at 1MDB Trial

March 30, 2022
bankerBusiness & EconomyCompaniesCrime and IncidentsdefenseseconomyembezzlementGoldman SachsLocal NewsNew YorkRegional-Local NewsTestifiesUSUS News
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NEW YORK—The wife of former Goldman Sachs banker Roger Ng on Monday testified in her husband’s defense at a U.S. trial over the looting of hundreds of millions of dollars from Malaysia’s 1MDB sovereign wealth fund between 2009 and 2014. Ng, Goldman’s former chief for Malaysia, is charged with conspiring to launder money and violate…

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Walmart to End Cigarette Sales in Some Stores

March 29, 2022
Business & EconomycigaretteCompaniesendLocal NewsNew YorkRegional-Local NewssalesSome StoresUSUS NewsWalmart
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NEW YORK—Walmart will no longer sell cigarettes in some of its stores though tobacco sales can be a significant revenue generator. Wall Street Journal was the first to report the development Monday. It noted some stores in California, Florida, Arkansas, and New Mexico were on the list, citing anonymous sources and store visits. Walmart is…

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