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Jobless claims decreased by 3,000 in the week ended Sept. 15 to 382,000, while the estimate was 375,000. Companies are believed to be holding back hiring and investment as overseas demand slow, and potential tax increases and government spending cuts threaten growth.

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Existing Home sales increased 7.8% to a 4.82 million annual rate (highest level in two years), beating estimates of 4.56 million on record-low mortgage rates, ...
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International Purchases of U.S. financial assets rose more than sevenfold in July as investors sought shelter from the debt crisis in Europe. Net buying totaled ...
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Marriott To Open A Luxury Bronx Hotel

In a major milestone for the Bronx, New York, Simone Development Companies today announced that Marriott has signed an agreement to operate a luxury hotel as the centerpiece of Simone Development's new Metro Center Atrium mixed-use project....
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Electric Trucks To Roll Out Of Bronx

Smith Electric Vehicles Corp. will begin assembling electric trucks at a new facility in Bronx, by the end of the year....
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Manufacturing in the NY region shrank more than forecast in September, with the index dropping to -10.41 (signaling contraction) from -5.85 in August as orders ...
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The Federal Reserve undertakes QE3 with open-ended purchases of $40 billion of mortgage debt a month as it seeks to boost growth and reduce unemployment. ...
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Perrigo Company Hires Ralf Kahl As Controller

Perrigo, a leading pharmaceutical supplier, announced today that Ralf Kahl has been hired as Controller for the Finance team. In this role, Kahl is responsible for managing finances, budgeting and expense approval for the company’s New York location. He will be working at Perrigo’s Bronx, NY site....
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Financial Markets Close

Equities:DJIA: 13,333 (+0.07%)S&P500: 1,437 (+0.21%)Nasdaq: 3,114 (+0.32%)EuroStoxx: +0.28%Nikkei: 1.73%Hang Seng: 1.10% Equities rise on the German court ratifying the bailout fund. France wants Spain to snub ...
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Consumer borrowing in the U.S. unexpectedly decreased in July by $3.28 billion (estimated $9.2 billion increase) for the first time in nearly a year, after ...
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Bronx Startup Wins $15K Prize

Curatio HCS, a home care provider dedicated to serving underserved communities in Bronx and Upper Manhattan, today took home the $15,000 grand prize in the New York Public Library’s third annual StartUP! Business Plan Competition....
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ECB President Mario Draghi said policy makers agreed to an unlimited bond purchase program in order to control interest rates and fight speculation of currency ...
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ECB's bond buying plan said to pledge unlimited, sterilized bond buys to assuage concerns about printing money. The plan is believed to focus only on ...
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Financial Markets Closing

Bonds of financials are returning more than those of industrial firms for the first time since 2005 as banks cut debt amid regulation and companies ...
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Financial Markets Closing

Corporate bond sales globally are approaching busiest August on record as yields are push to lows on investors favoring safer products. Purchases increased 0.4% in July, ...
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Financial Markets Closing

US GDP’s grew at a 1.7% annual rate from April through June, up from an initial estimate of 1.5%. Stated in its Beige Book survey ...
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Financial Markets Closing

Home prices in 20 U.S. cities climbed in June for first time since 2010. Equities:DJIA: 13,103 (-0.17%)S&P500: 1,411 (+0.03%)Nasdaq: 3,077 (+0.13%)EuroStoxx: -0.80%Nikkei: -0.57%Hang Seng: +0.07% Lexmark announces ...
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The Next Generation Of American Business: GardnerGlobal, Inc.

“I’m just a cat from the hood in a suit.” Simply stated, and although it is quite a concise and accurate testimony, one look at ...
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Financial Markets Closing

M&T Bank Corp agrees to buy Hudson City Bancorp for $3.7 billion in biggest takeover this year in the banking industry. Equities:DJIA: 13,125 (-0.25%)S&P500: 1,410 (-0.07%)Nasdaq: ...
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What's New
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The Amazon

I am finding out that discussing the Amazon HQ2 project in Long Island City is as treacherous as traveling down the Amazon River on a raft ─ full of wild rapids and deep trenches and home to biting amphibians. And that is just around people I love!
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My Position On Amazon

New York State Governor Andrew Cuomo and New York City Mayor Bill de Blasio together have achieved a monumental task of bringing Amazon to New York City.
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On The Amazon HQ2 Agreement

Statement from Borough President Diaz re: Amazon HQ2 Agreement.
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3 Reasons Why Women Should Save More

Finances and savings are favouritetopics among women of all walks of life. This includes full-time moms, housewives, working women and those planning to retire.
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Grassroots Community McDonald’s Owner Tony Rodriguez Reopens Restaurant At 599 E. Tremont Avenue

The McDonald’s restaurant at 599 E. Tremont Avenue, Bronx, NY 10457 has been relaunched.
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Ralph Lauren Celebrates 50th Anniversary With New Polo App & Yankees Collaboration

Ralph Lauren extends its 50th-anniversary celebrations with a new venture initiated to easily serve up its extensive catalog to avid followers through a newly-hatched app.
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Poor, Unacceptable Customer Service At Bank Of America In Co-op City

This is the complaint we received earlier today from a reader of ours on the quality of service at Bank Of America at 2316 Bartow Avenue, Bronx, NY 10475.
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Assessing Your Company's Financial Needs

A free seminar to assist business owners on how to identify their company's financial status and future financial needs will be held by TD Charitable Foundation and the Bronx Chamber of Commerce.
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Enjoy Sales Tax-Free Outdoor Activities This Labor Day Weekend

The New York State Department of Taxation and Finance today highlighted several sales tax-free outdoor activities you can enjoy this Labor Day weekend. Admission to the state’s parks and golf courses, for example, is exempt from sales tax.
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Local School Supply Lists Now Available For One-Click Shopping On TeacherLists.com

Parents from local schools have a new tool in their back-to-school bag of tricks this year.

Featured Author
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Lindsay Minerva

is a multimedia journalist. She is also a digital media student at the Columbia Graduate School of Journalism. In 2009, she graduated as a Benjamin Franklin Scholar from the University of Pennsylvania. Her work experiences includes positions in politics, public relations, and law.