Economics

NEW YORK (CBSNewYork) — Cash is king once again in the Big Apple. A new law just went into effect, banning businesses from denying people who want to pay with dollars and coins, CBS2’s Andrea Grymes […]

Some extremely worrisome data has recently emerged providing a glimpse into the economic downfall of the real estate market in New York during the coronavirus pandemic. The New York Post published a report detailing how New Yorkers […]

Dave Chappelle hosted this week’s “Saturday Night Live” episode, which came hours after President-elect Joe Biden and Vice President-elect Kamala Harris gave election victory speeches to the nation. After Chappelle gave an opening monologue that […]

(Bloomberg) — Oil plunged to a five-month low as gains in Libyan production coincided with a wave of new virus-lockdown measures in Europe. The double whammy of growing supply and dwindling demand pushed crude futures […]

Wall Street fell again on Wednesday, as Europe considered additional lockdowns and U.S. cities such as Chicago and Newark, New Jersey, announced a new round of restrictive measures to combat the spread of the coronavirus. […]

In early September, Cristina Velez lost her job running the staffing team on a Covid-19 treatment trial. Faced with a $2,440 rent bill on the Boca Raton, Fla., home she shares with her daughter, Velez […]

WASHINGTON (Reuters) – U.S. employment growth slowed more than expected in September and over 300,000 Americans lost their jobs permanently, dealing a potential blow to President Donald Trump ahead of the fiercely contested Nov. 3 […]

(Bloomberg) — Applications for U.S. unemployment benefits were little changed last week, contrasting with estimates for a decline and highlighting an economic recovery that’s coming in fits and starts. Initial jobless claims in regular state […]

ballots has also unsettled some investors. Moreover, a buildup of positions in big tech-related stocks has increased risk, as seen in a sharp market sell-off on Thursday. “This is just a situation where all the […]

Business owners in Minneapolis are scrounging for answers after discovering that insurance money will not be enough to cover clean-up costs after rioters ransacked neighborhoods and hollowed out storefronts, according to a report published Monday. […]