Economy

NEW YORK, NY - When the May jobs report was released this morning, Friday June 5, the numbers showed that employment stunningly rose by 2.5 million in May and the jobless rate declined to near 13%, according to the U.S. Bureau Of Labor…

Housing advocates say the COVID-19 pandemic has laid bare a long-standing crisis in housing affordability. Photo credit: Suzanne/Adobe Stock. NEW YORK - Housing justice advocates fear that without action from Albany, New Yorkers who…

Businesses of any size and budget will be able to use the new Facebook Shops, a way for businesses to create a single online store for their customers to access on Facebook as well as Instagram, which will be found on a business’ profile.…

In August of 2016, Dr. Stephen Leeb, Ph.D spoke with Fox Business News after journalist, blogger, occasional radio host, and author Charlie Gasparino had recommended Leeb a good candidate for Federal Reserve Chairmen. FOX’s guest panelist…

President Trump while he delivered remarks on aggression in Iran, January 2020. Photo credit: White House Communications Agency, U.S. Department of Defense (DoD). The appearance of DoD visual information does not imply or constitute DoD…

Kitchen Table Games owner Galen Trent Wood was arrested on April 16 by the Pinellas County Sheriff Deputies as a result of violating two statewide emergency orders issued by Florida Governor. However, the office of State Attorney dropped…

Numerous automotive-related industries are feeling the pinch from the pandemic as well, such as car rentals and ride-sharing services such as Uber and Lyft, who are currently laying off and furloughing scores of current…

With businesses deemed non-essential having been forced to close, over 26 million people have been out of work and have filed for unemployment.While many have been hit hard by the closures, seniors have been particularly vulnerable. Photo…

As the coronavirus wreaks havoc with hospital finances, wealthy hospitals sitting on millions or even billions of dollars are in a competitive stampede against near-insolvent hospitals for the same limited pots of financial relief. Photo…

FORT WORTH, TX - While going through my Facebook account this morning I came across a video of a rancher, farmer, whatever you may choose to call him. Due to the shut down of meat processors ranchers are looking at slaughtering all of…

TALLAHASSEE, FL - The labor movement is remembering workers across the globe who were killed or injured on the job. As states such as Florida plan to reopen amid the coronavirus pandemic, advocates are using Worker's Memorial Day to…

Big cities such as New York will surely be home to many who will no longer shake hands, join in festivities that require bunching together, nor will health conscious individuals ever tolerate a cougher in their midst. Get in a packed…

Lowering the number of new cases is important, but it doesn’t mean the virus is disappearing. It suggests instead that social distancing has slowed the spread of the disease and elongated the course of the pandemic, said an infectious…

Look around you. Look at our desolate downtowns, empty streets, shuttered stores—look at the sad eyes of your fellow citizens above their pathetically masked faces. This is the reality. Photo credit: Shutterstock, licensed. SAN…

According to Denis Johnston, vice president of Local 32BJ of the Service Employees International Union, the employers either delayed or withheld sick pay, required doctors' notes for one- or two-day absences, and retaliated against those…

Throughout history, America has endured dire situations during which some of our individual liberties were repressed. It happened during the Civil War, when Lincoln suspended habeas corpus. It happened again during WWII, with…

California Governor Gavin Newsom says he will announce a plan on Tuesday for an “incremental release of the stay-at-home orders,” for COVID-19 restrictions, a decision he says will be made without “political pressure” in an apparent…

In Washoe County, which is currently unincorporated, county commissioners have not yet addressed the topic of short-term rentals, and therefore there are currently no regulations and restrictions regarding this practice, including…

As measures to slow the pandemic decimate jobs and threaten to plunge the economy into a deep recession, young adults such are disproportionately affected. Photo: Shutterstock.com licensed. Emilio Romero, 23, has mixed feelings about…

Expediting renewable energy development could help New York's economy after the COVID-19 pandemic is over. Image by Sebastian Ganso. ALBANY, N.Y. - Clean energy advocates in New York say the budget passed by the Legislature this…

On Monday, Florida Gov. Ron DeSantis issued a stay-at-home order for residents of South Florida until April 14, saying the action makes sense for the region because of the number of cases concentrated there. Photo credit: C-SPAN. …

President Barack Obama famously asked candidate Donald Trump, “What magic wand do you have?” when speaking about Trump’s plan to revive the economy. Three years into his presidency few argue that the economy isn’t doing…

The United States has accomplished a booming economy with lower taxes for both companies and citizens while we have the lowest unemployment rates in history for blacks, Hispanics, Asians, women, and people with just a high school diploma.…

Some employers accused of wage theft avoid judgments by transferring their assets to family members and declaring bankruptcy. Dunlea points out that the SWEAT bill would freeze those assets while ensuring that the people accused are…

Workers are rallying outside Gov. Andrew Cuomo's NYC office Monday. Workers plan to be back outside the governor's office Tuesday and every weekday after Christmas through the end of the month unless the bill is signed. Photo credit:…

A past panel and live webcast release of the Harvard Joint Center for Housing Studies annual State of the Nation's Housing report. Through its research, education, and public outreach programs, JCHS helps leaders in government, business,…

Capitalism is an economic system in which investment in and ownership of the means of production, distribution and exchange of wealth is made and maintained chiefly by private individuals and corporations. Socialism is a theory or system…

HUD Secretary Ben Carson in a press release noted that the new rule will assist both seniors looking to maintain their current dwelling, as well as first-time home-buyers looking to start a family. Photo: C-SPAN. DENVER, CO – The…

Nearly 80,000 New York jobs are supported by exports within North America. Photo: Ford Motor Co. ALBANY, N. Y. - Congressional leaders are still trying to hammer out a new trade agreement with Canada and Mexico, and there's a lot on…

Suffolk County Comptroller John M. Kennedy joined Republican Suffolk County legislators to discuss the findings from the NYS Comptroller’s report showing that Suffolk has been the most fiscally stressed county in the state for the past two…