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Financial Markets Close

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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Financial Markets Closing

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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Bronx Plan Has Nice Rink To It

A skating center or community market? The money matters....
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Endorsing Bronx Ice Center Proposal

Local leaders have endorsed a proposal that would convert an empty armory in the Bronx into a national ice center....
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Financial Markets Closing

Jobless claims rose by 4,000 for a second week to reach 372,000 in the period ended by 8/18, reflecting little progress in the labor market. U.S. ...
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Financial Markets Closing

July Existing home sales rise 2.3% vs. previous month to a 4.47 million annual rate.RBS probed by U.S. regulators on potential Iran sanctions breach.Many on ...
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Financial Markets Closing

Equities:DJIA: 13,204 (-0.51%) Touches highest closing level in four years before dropping downS&P500: 1,413 (-0.35%) Touches highest level since May 2008 earlier in the dayNasdaq: ...
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Financial Markets Closing

World:Germany’s Bundesbank stepped up criticism of the ECB’s bond-buying program, citing its significant stability risks.Belize was unable to make $23 million bond payment due today.U.S. ...
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Cablevision’s Bronx Employees Reject Union

Cablevision employees in Bronx voted overwhelmingly not to join the Communication Workers of America (CWA) union today....
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Changing Lives One Runway At A Time

Katwalk Katerers was created and founded by Mr. & Mrs. Dennis and Dhylles Davis in March 2010....
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Bronx Theater Trades For Cool $30M

In the fifth largest property sale in Bronx since the collapse of Lehman Brothers and the Wall Street meltdown, a multiplex at 2505 Bruckner Boulevard has sold for $30 million, according to records filed with the city. ...
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Mark Solomon Refuses To Pay Pianist

The following grievence was received in our offices today:...
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Bronx Apartment Building Trades For $8.75M

The 71-unit corner building at 2150 Wallace Avenue in Bronx, NY - also known as 783 Lydig Avenue - has sold for $8.75 million....
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What's New
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Largest NYC Woman-Owned Catering & Food Service Company To Relocate From Manhattan To South Bronx

Governor Andrew M. Cuomo today announced that Great Performances – the largest woman-owned catering and food service company in New York City – will relocate from Manhattan to South Bronx.
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City Hosts Immigrant Worker Convening In Bronx

Department of Consumer Affairs (DCA, a.k.a. the Department of Consumer and Worker Protection), in partnership with New York City Commission on Human Rights (CCHR), the Mayor's Office of Immigrant Affairs (MOIA), and partner organizations hosted Building Bridges: A Convening for NYC Immigrant Workers last night at Lincoln Hospital in Bronx.
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Tax Season’s Dynamic Duo: E-File & Direct Deposit

New York State Taxpayer Advocate Margaret Neri today encouraged all New York State taxpayers to e-file their tax returns and have any refund directly deposited into their bank account.
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Some Economic Common Sense

As most observers have expected, the US and Chinese stock markets have been rising in anticipation of a US/China deal. Hopefully there will be good news on this front. If there is no agreement or hope for future agreement, the stock markets will head down again.
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NYCHA Offers Free Tax Preparation For Residents And Low-Income New Yorkers

The New York City Housing Authority (NYCHA) – in partnership with the New York City Department of Consumer Affairs (DCA) and the Food Bank For New York City – announced today the kick-off of free tax preparation services across the five boroughs, ensuring thousands of NYCHA residents and other low-income families receive the tax refunds they deserve.
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Bronx Food Tech Event

Bronx Borough President Ruben Diaz Jr.'s office, along with the Bronx Overall Economic Development Corporation, The Bronx Chamber of Commerce, and Metropolitan College of New York, will host a Bronx Food Tech event.
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DCA 101: What Start-Up Businesses Need To Know About Consumer Protection Law

Department of Consumer Affairs (DCA) Commissioner Lorelei Salas today announced DCA 101, a new series of informational workshops provided by DCA lawyers to help New York City businesses understand and comply with the law.
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Opening A Small Business In New York

Many people consider opening a small business in New York because of the outstanding opportunities for growth available in the state.
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Ways To Manage Debt During The Holidays

The holiday season is upon us, which means most people get to spend more time with loved ones and enjoy some time off from work.
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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!

Featured Author
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Dr. Chiledum Ahaghotu

is Associate Professor of Surgery and Chief of Urology, Howard University Hospital. He is also a professor and a chief of urology at Howard University College of Medicine. Dr. Ahaghotu is a Consultant Member of the American Urological Association Health Policy Council. He was President, R. Frank Jones Urological Society, Past President, Washington Urological Society, and a member of the Practicing Physicians Advisory Council.