Tag: New York

Big Tech, Chipmakers Power S&P 500, Nasdaq to Record Highs

The S&P 500 and the Nasdaq hit record highs on Thursday on stellar earnings reports, with investors looking past the Federal Reserve’s asset tapering plan as borrowing costs remain low. The Dow slipped from an all-time closing high hit on Wednesday, dragged down by big banks JPMorgan Chase & Co. and Goldman Sachs Group which…


Buffalo Mayor Brown Declares Victory in Write-In Campaign Against Democratic Socialist India Walton

The incumbent four-term Democratic mayor of Buffalo, Byron Brown, declared a victory Tuesday night in his write-in election campaign against self-proclaimed democratic socialist India Walton. Brown, 63, lost to Walton in the June Democratic primary before launching a write-in campaign. On Tuesday, he declared a victory over his opponent after local media reported Walton had won 41 percent of the vote while…


NYC Worldwide Walkout: Protesters Rally Against Vaccine Mandates and Bills That Target Exemptions

MANHATTAN, New York—Thousands of people gathered outside of New York City Hall on Wednesday afternoon to hold a rally and march across the Brooklyn Bridge as part of worldwide walkout protests against vaccine mandates and in support of freedom. Most participants expressed opposition to vaccine mandates imposed by federal and city officials. Notably, two of…


Worldwide Walkout: NYC Protesters Rally Against Vaccine Mandates and Bills That Target Exemptions

MANHATTAN, New York—Thousands of people gathered outside of New York City Hall on Wednesday afternoon to hold a rally and march across the Brooklyn Bridge as part of worldwide walkout protests against vaccine mandates and in support of freedom. Most participants expressed opposition to vaccine mandates imposed by federal and city officials. Notably, two of…


NYC Schools to Administer COVID-19 Vaccines on Site for Young Children Next Week

New York City Mayor Bill de Blasio announced on Wednesday morning that the city’s public schools will start administering COVID-19 vaccines for 5- to 11-year-old students next week. The Pfizer-BioNTech pediatric vaccine, which received endorsement from the U.S. Center of Disease Control and Prevention (CDC), will be available at all schools serving students age 5…


Supreme Court Takes Aim at Restrictive New York Concealed-Carry Gun Law

The Supreme Court seemed receptive to arguments that New York state’s tough concealed-carry gun permitting system violates the Second Amendment during a court hearing on Nov. 3. The legal challenge is important because it could result in a nationwide recognition of the right of Americans to possess guns outside the home, carrying guns in public…


Wall Street Opens Flat as Focus Shifts to Fed’s Taper Decision

U.S. stock indexes opened flat on Wednesday as investors refrained from making big bets ahead of the conclusion of a Federal Reserve meeting, where policymakers are widely expected to signal the withdrawal of its pandemic-era support. The Dow Jones Industrial Average rose 6.46 points, or 0.02 percent, at the open to 36,059.09. The S&P 500…


Wall Street Mixed as Focus Shifts to Fed’s Taper Decision

U.S. stocks indexes traded mixed in a narrow range on Wednesday as investors looked ahead to the Federal Reserve’s widely expected move to signal the withdrawal of its pandemic-era support, while Activision Blizzard slid on a leadership change. Six of the 11 major S&P sectors fell, with energy and industrials declining the most. The banking…


Record High Stocks Brace for Fed Stimulus Cut

LONDON—Global stock markets traded at fresh record-high levels on Wednesday while the dollar and U.S. Treasury yields ticked down as investors braced for the world’s largest economy to start cutting pandemic-era monetary stimulus. The U.S. Federal Reserve is expected to announce the tapering of its $120 billion-a-month asset purchase programme in its policy statement at…


NYC Mayor de Blasio Files Paperwork for a Potential Run for Governor

By Dave Goldiner and Denis Slattery From New York Daily News NEW YORK—New York Mayor Bill de Blasio appears to be setting his sights on Albany. The term-limited mayor of New York City, who mounted a failed presidential bid two years ago, is laying the groundwork for a possible run for governor. Although he stopped…