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Shares in 5,432 companies trade every day starting at 9:30 on the New York Stock Exchange or Nasdaq. They were having an interesting ride Monday morning. In the first 15 minutes of trading all but 70 of all listed securities continued last week’s free-fall and the broader market shed another 4%. Then the market swung […]
Tariff turmoil hits NYC stocks big and small Read More »
President Donald Trump’s trade war has U.S. stocks on track to enter their first bear market since the Covid pandemic. The S&P 500 Index sank another 3.5% Monday, putting it 20% below the record high set less than two months ago — the second-fastest plunge of the 14 bear markets since 1945, CFRA data show.
S&P 500 Is heading for a bear market as tariffs hit everything Read More »
The real estate industry is closely watching the evolving tax landscape as Congress attempts to push forward a sweeping fiscal year 2025 budget resolution that could lead to significant tax changes. With the House narrowly passing a resolution which includes the potential for $4.5 trillion in tax cuts over the next decade, real estate firms
Gauging the tax impacts of the House budget resolution Read More »
Paramount Group revealed an additional $1.5 million in previously unreported pay to its chief executive and said a second longtime director would step off the board. The latest batch of previously undisclosed compensation paid for CEO Albert Behler’s personal accountant, car, and club memberships, Paramount said Thursday. The disclosures came a few weeks after Paramount
Paramount Group made more unreported payments to CEO Read More »
The largest expansion of state-run inpatient psychiatric beds in decades took place this winter, accelerating the growth of long-term institutions under Gov. Kathy Hochul. The Office of Mental Health added 125 beds in psychiatric institutions across the state between December and March, the Hochul Administration said on Thursday. The pace of the expansion is greater
State adds 125 beds to psychiatric institutions in four months Read More »
PUBLIC HEALTH LAYOFFS: The state Department of Health is moving to lay off more than 200 workers after President Donald Trump’s administration abruptly cut $360 million in public health grants, Gothamist reported Friday. The agency has already laid off 50 employees and informed 168 public health fellows that their program will end early because of
At a Glance: April 7 Read More »
