Former New York Gov. Andrew Cuomo had his book deal revoked by the state’s ethics board on Tuesday. New York’s Joint Commission on Public Ethics (JCOPE) approved a resolution (pdf) 12–1 to rescind its decision that approved Cuomo to write “American Crisis: Leadership Lessons from the COVID-19 Pandemic” while he was governor during the coronavirus…
Andrew Cuomo’s Book Deal Revoked by New York Ethics Board
November 17, 2021
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New York City to Spend $80 Million in Relief Money on ‘Social-Emotional Learning’
November 17, 2021
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New York state has received nearly $9 billion from American Rescue Plan Elementary and Secondary School Emergency Relief (ARP) to help reopen schools after the lockdown from the pandemic. The NYC Department of Education plans to use $80 million of the relief fund in FY 2022 to support the “Social-Emotional Learning (SEL)” needs of all students,…
NYC Educators Score ‘Big Victory’ for Religious Exemptions to Vaccine Mandate
November 16, 2021
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A group of NYC teachers that has been fighting against vaccine mandates finally saw a positive result in their cause after being turned down at the Southern District Federal Court in October. A partial injunction was issued by a U.S. Court of Appeals for the Second Circuit to 15 teachers who were sent home unpaid by…
NYC to Focus ‘More Intensely on Vaccination’ of Children, 62,000 Doses Administered: De Blasio
November 16, 2021
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Tens of thousands of children aged 5 to 11 in New York City have received COVID-19 vaccine shots since the opening of school-based vaccination sites, and it is time for the city to further intensify the effort, Mayor Bill de Blasio said. “We’re seeing tremendous demand when it comes to the youngest New Yorkers, and…
Wall Street Opens Lower as Nvidia Weighs
November 16, 2021
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Wall Street indexes opened slightly lower on Tuesday, with Nvidia weighing on the S&P 500 and Nasdaq after the UK ordered an in-depth probe into the chipmaker’s planned acquisition of Arm. The Dow Jones Industrial Average fell 11.27 points, or 0.03 percent, at the open to 36,076.18. The S&P 500 opened lower by 3.38 points,…
Goldman Sachs Forecasts Modest Rise for S&P 500 Index in 2022
November 16, 2021
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Goldman Sachs expects the S&P 500 index to rise by a more modest 9 percent by the end of next year, saying the record-setting rally is likely to cool on worries over slowing economic growth and the prospects of higher interest rates. The U.S. equities market has been on a tear this year, with the…
Global Investors Ending 2021 ‘Risk-On’: BofA
November 16, 2021
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MILAN—Investors are heading towards the end of the year in a “risk-on” mood, having reduced cash allocations and lifted their overweight position on U.S. stocks to the highest since August 2013, BofA Securities’ monthly fund manager survey showed. Inflation remains the biggest tail risk for markets but a majority of 61 percent believes it is…
Dollar Near 16-Month High Versus Euro Ahead of US Retail Sales Data
November 16, 2021
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LONDON—The dollar held just below a 16-month high versus the euro on Tuesday, while the yuan reached its strongest in more than five months as markets welcomed dialogue between the U.S. President and Chinese leader. U.S. President Joe Biden and Chinese leader Xi Jinping stressed their responsibility to the world to avoid conflict, in talks…
Stock Markets March on as Biden-Xi Talks Lift Sentiment
November 16, 2021
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LONDON—Global stock markets marched on towards new peaks on Tuesday as U.S. President Joe Biden and Chinese leader Xi Jinping held over three hours of virtual talk, helping to nudge China’s yuan to a five-month high and pulling the dollar lower. The closely watched conversation between the leaders of the world’s biggest economies appeared to…
All NYC Adults Now Eligible For COVID-19 Booster Shots
November 15, 2021
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All New York City residents aged 18 and over are now eligible for a COVID-19 vaccine booster, the city’s top doctor announced Monday. Dave Chokshi, commissioner of the city’s Department of Health and Mental Hygiene, announced on Twitter that any health care provider in the city “should not turn a patient away if they request a booster as…
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