By The Editors 5/24/11 11:15pm

Editorial

You Punish the Banks, You Punish Us All

There is good economic news to report: The unemployment rate in New York City has dropped to 8.6 percent. That’s a two-year low. And the good news on jobs comes despite a continued lull in construction, a traditional source of well-paid, blue-collar work.

Now the bad news: Washington is considering new banking rules that could Read More

By Sam Chandan 7/08/10 4:58pm

What Financial Reform Legislation Means

Following a brief but intensive reconciliation period, the House passed the conference report of the updated financial reform legislation Wednesday, June 30. The voting divided along party lines, with only three Republicans among the 237 representatives supporting the legislation. The newly christened Dodd-Frank Wall Street Reform and Consumer Protection Act now moves to Read More