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Recent news

U.S. to Launch Tariff Refund System for Businesses

Eligible companies can now request refunds for illegal tariffs through new online portal

New NYC Insurance Plan Targets Soaring Housing Costs

City aims to curb rising insurance expenses with a new program expected to cover 100,000 homes by 2030.

Tax Day Highlights Inequality, Experts Call for Wealth Tax

Mayor Mamdani, Nobel laureate Stiglitz, and economist Zucman warn that extreme inequality is "fundamentally unsustainable" and urge taxing the ultra-rich.

Dr. Richard Cebula Named Top Economist of the Decade by IAOTP

Renowned professor and author honored for his distinguished career and contributions to the field of economics

Biden's Clean Energy Strategy Spurs Historic Investment and Wage Growth

New data analysis shows federal labor standards and community benefits plans drove record clean energy investment and sustained wage increases despite high inflation.

US Blockade of Iranian Ports Raises Concerns Over Gas Prices

The naval blockade of the Strait of Hormuz aims to exert financial pressure on Tehran, but could also disrupt global oil supply and drive up costs for American consumers.

New York Proposes Tax on Luxury Second Homes

Governor Hochul aims to address income inequality and budget gaps with new pied-à-terre tax.

NYC Faces Tough Choices on Pensions and Free Buses

Fiscal challenges force city to weigh priorities between public worker benefits and transit access.

U.S. to Begin Tariff Refund Process

Importers to receive $166 billion in refunds starting next week

Congress Grapples with $25 Trillion Social Security Deficit

Lawmakers weigh options to address the program's long-term funding shortfall and prevent benefit cuts for retirees.

US to Launch $166B Tariff Refund System

The new system will consolidate payments to importers affected by the Supreme Court's ruling against Trump's tariffs.

Small Businesses Blame Climate Laws for Rising Costs in NYC

Owners say green energy initiatives are driving up their operating expenses

New York Considers Delaying Climate Law, Boosting Gas Industry

Pipeline and power plant companies see opportunity as state debates slower fossil fuel transition.

New York Announces $150M for Residential Heat Pumps

Funding aims to expand access to clean heating and cooling tech while lowering energy costs.

IEA, IMF, World Bank Heads Warn of Iran War Impacts

Leaders of major global economic organizations coordinate response to energy and economic shocks from Middle East conflict.

IMF Warns Middle East War Will Slow Global Economic Growth

Disruptions to oil markets could fuel inflation and raise recession risks, fund says.

Hudson Valley Leaders Propose Gas Tax Cap to Ease Prices

Dutchess, Ulster, Putnam, and Rockland counties consider measures to limit county sales tax on gasoline amid soaring costs.

New York's Green Energy Overhaul Faces Setbacks

Nearly two dozen clean-energy projects may be scrapped due to rising costs and regulatory hurdles.

New York Warned Against Repeating Connecticut's Energy Policy Mistakes

Lawmakers urged to avoid chilling impact on energy investment and jobs.

Oil Prices Soar as OPEC+ Boosts Output Amid Iran Tensions

Potential Strait of Hormuz disruptions raise concerns over global energy security