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Economic Policy

Recent news

Energy Secretary Warns Gas Prices May Remain High Until 2027

Secretary Chris Wright acknowledges gas prices could stay above $3 per gallon for over a year, contradicting earlier White House claims of a 'short-term' spike.

Demographic Change Needn't Lead to Economic Decline

UNFPA economist advocates for 'demographic resilience' to adapt to population shifts

Congress Urged to Address Erosion of US Dollar

Warsh's Fed nomination may hinge on Powell renovation cost inquiry

New York's Tax Policies Push Wealthy Residents Away

Lawmakers' focus on taxing the rich undermines the state's economic future

Hudson Valley Lawmakers Propose Gas Tax Cap to Ease Prices

Dutchess County and other local governments consider measures to provide relief for drivers amid soaring fuel costs.

U.S. to Launch Tariff Refund System for Businesses

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

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.

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.

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.

New York Announces $150M for Residential Heat Pumps

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

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 State Senator Celebrates Groundbreaking of Energy Pipeline

Project aims to expand energy access and lower utility bills, but may not directly benefit Western New York

Small Businesses Blame Climate Laws for Rising Costs in NYC

Owners say green energy initiatives are driving up their operating expenses