New York

News of New York

JPMorgan Chase head spoke out against remote working
4 May 2021
6974
Working remotely Remote working is not suitable for young employees and those looking to move forward and develop. That was the view expressed by Jamie Dimon, chief executive of JPMorgan Chase banking group, at a meeting of chief executive officers ...
New York plans to be fully open by 1 July
2 May 2021
4628
Lifting restrictions As of 1 July, the city should fully return to its pre-Soviet life. This was announced today by New York City Mayor Bill de Blasio. According to his schedule, restaurants, stadiu...
New York City makes it easier for residents to get vaccinated against the coronavirus
24 April 2021
7421
Vaccination made more accessible to New Yorkers New York City authorities have expanded access to vaccination against the new coronavirus for the city's entire population, regardless of neighborhood. This was announced on Fr...
Biden plans to raise the capital gains tax rate to 39.6%
23 April 2021
5118
Tax rate increase President Joe Biden is preparing to propose next week an increase in the basic tax rate for millionaires, raising it from 20% to 39.6% to fund a new government programme, the American Family Plan, which cou...
Pinterest is in talks to buy photo editing app VSCO
5 April 2021
4372
Negotiation between the companies Pinterest plans to acquire Visual Supply Co., maker of photo-editing app VSCO with a young audience, The New York Times reports, citing anonymous sources. Pinterest (PINS) shares rose 5 per cent on Friday amid repo...
Security in New York has improved
21 March 2021
3770
Crime is down According to the police department, in February the total number of crimes committed in the city was 26.5% lower than a year earlier. This was primarily due to a drop in the number of thefts (down 40.45%) and robberies (down 32.7%). T...
An 'air train' to be launched between New York City and LaGuardia Airport
21 March 2021
5378
AirTrain in New York The long-planned LaGuardia AirTrain is about to become a reality. On what this "air train" will be. The Federal Aviation Administration (FAA) has completed its review and consultation on the project and said it could move forwa...
New York landlords 'hang on' to empty flats until rents rise
17 March 2021
3554
Empty flats in New York City The pandemic has emptied the city and rental prices have fallen to their lowest levels in years. But according to a new report, New Yorkers may have trouble finding these flats on the market. New York landlords are remo...
The fate of Coney Island
8 March 2021
4958
Hoping for the best As City Councilman Mark Treyger pointed out, for the residents and businesses of Brooklyn's Coney Island neighborhood, which he represents, last year was very challenging. He said: "The epidemic and its aftermath led to the local...
New York loosens restrictions on indoor and outdoor gatherings
6 March 2021
3852
Reducing restrictions New York State is easing restrictions on indoor and outdoor gatherings at the end of March, officials said at a press briefing in Albany. Beginning March 22, private gathe...
New Yorkers will have to get covid passports to enter arenas and concert venues
6 March 2021
4577
Covid passport introduction The new Excelsior Pass programme for events is already in pilot mode. Governor Andrew Cuomo announced Tuesday the rollout of a new pilot program that will require New Yorkers to have some sort of covid pas...
Construction Managers in New York
5 March 2021
3801
Building your own home Having your own home is one of the main points of the famous 'American Dream'. Sure, you can buy a prefabricated home that's for sale in any city, but it's much nicer to design and build your own, where you can proudly raise y...
Facebook will pay out 550 million to Illinois residents
1 March 2021
3531
Breaking state law Facebook has agreed to pay $550 million to settle a class action lawsuit filed by Illinois residents, the New York Times reports. Each of the 1.6 million people who filed a complai...
Robinhood estimated the settlement with FINRA at $26.6 million
1 March 2021
3449
Conflict with FINRA Digital asset friendly platform Robinhood is in talks with a number of regulators regarding a possible settlement of claims from them. This is according to a statement sent to the US ,Secur...
The yield on ten-year US government bonds reached its highest in a year
22 February 2021
4148
U.S. government bonds US ten-year government bond yields exceeded 1.37% p.a., reaching their highest level in a year. This was driven by investor fears of an acceleration in the pace of consumer price increases on the back of stronger economic activ...
New Yorkers must pay back thousands of dollars in unemployment benefits because of Labor Department mistake
21 February 2021
3569
Department of Labor mistake New Yorkers are facing a problem because of mistakes by the state Department of Labor in paying unemployment benefits. Some recipients had been paid far more than they&nbs...
New York correctional facilities ask for vaccination against Covid-19
14 February 2021
3762
Prisoners need a vaccine too Governor Andrew Cuomo received two letters, the first from the Legal Aid Society, Brooklyn Defender Services, New York County Defender Services and other pro bono legal a...
Andrew Cuomo announced about serving people inside restaurants
14 February 2021
4513
Restaurateurs have been given hope It won't be long before, as Governor Andrew Cuomo said, it will be possible to serve diners on the premises of establishments, which were banned last December to prevent the spread of the coronavirus. The number o...
The New York City Council has passed a bill to increase street vending licenses issued by the Health Department
12 February 2021
3794
Merchants will be given a run for their money By 34 votes in favour to 13 against, the City Council passed Intro.1116-B, a bill proposed by Democrat Margaret Chin of Manhattan back in 2018 that would increase the street vending licenses issued by th...
The price of the New York City underground will not go up
11 February 2021
3673
Fare hike postponed The ongoing economic difficulties, Metropolitan Transportation Authority Chairman Patrick Foye said, will not lead to the fare increases for underground, buses and the two regional rail lines that were previously scheduled to tak...
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