The new monthly jobs report states that unemployment went down to 8.1%, which would be cause for rejoicing in the streets, except for the reason for that decline:
President Barack Obama will be in town tonight to attend a fundraising event to raise money for his ongoing presidential campaign -- because, well...he's running for president, and attending fundraisers is what people running for president do. Obama's doing what everyone who's ever run for president ... More >>
Taking aim at trickle down fiscal policies and warning legislators not to hold the American economy "hostage," President Barack Obama demanded today that Congress extend Bush-era middle class tax cuts for a year. Addressing the nation from the White House's East Room, Obama implored Congress to "do ... More >>
As expected, Mayor Mike Bloomberg today vetoed the City Council's wage legislation, but unlike his past public comments on the matter, he didn't go so far as to compare the bills to Communism. Still, if the legislation passes, Bloomberg will sue. The proposals in question were the prevailing an ... More >>
Remember all that nasty shit Rudy Giuliani, "America's Mayor," said about Mitt Romney? If you don't, Business Insider has a rundown of some stinging gems. For example: "This is a man without a core, this is a man without substance, this is a man that will say anything to become president of the Un ... More >>
Mitt Romney, American Parasite
His years at Bain represent everything you hate about capitalism
Finally, some genuinely good news to celebrate: the U.S. Department of Labor's monthly job market snapshot says that the national unemployment rate has fallen to 8.3 percent, the lowest it has been in three years. January saw 243,000 jobs added to the market, mostly in business services, labo ... More >>
Manhattan Borough President Scott Stringer, who is likely to run for mayor, released a report yesterday that called for the installation of solar panels on the roofs of city public schools. Releasing reports -- it's the thing to do if you want to be mayor, apparently! This one here is one of tho ... More >>
Hooray for Obama! Just keep your promises! That seemed to be the message that tied together several electeds' obligatory response statements to the president's State of the Union on Tuesday. After his speech ended, Runnin' Scared's inbox was flooded with reactions from local pols. So we gathered a ... More >>
When Speaker Christine Quinn presented her compromised version of the Living Wage Bill last week, we immediately wondered how it would affect retail-clothing workers, #47 on the Voice's list of the 100 Most Powerless New Yorkers. We got in touch with Stuart Appelbaum, president of the Retail, Whol ... More >>
The American workforce added about 200,000 jobs over December, doubling November's rate of job creation. The Wall Street Journal reports, "The new jobs were scattered over a range of industries, including manufacturing, retail, and even the battered construction sector," and "the sector that added t ... More >>
American employers added jobs in September, but not nearly enough to spur optimism. The New York Times reports there was a net growth of 103,000 jobs last month. Interestingly, "about a third of the jobs added by the private sector last month were actually 45,000 Verizon workers who had been on str ... More >>
Rick Perry's Texas is a job-makin', low-taxin' oasis of economic growth. It's also a fantasy.
Hey, New Yorkers: Things are looking up. The state Department of Labor has new numbers out, which the New York Times says show a dip in the city's unemployment rate. It's true! Our rate of downtrodden, jobless recession victims for October is down to 9.2 percent! Which means September (whose ... More >>
GettyIt's all Eataly all the time this week--yesterday, we showed you the line of people waiting to get in to Mario Batali's new mega Italian market and food court, and it turns out that everyone and their mother really was there. Micheal Bloomberg made an appearance, and ate some pizza, as h ... More >>
Joe Biden was the headline speaker at the Radio and Television Correspondents Association dinner last night. And by "spoke," one means "delivered a routine," as tradition for these dinners dictates. Unfortunately, in this case, "delivered a routine" means "bombed," which Biden did. A few of t ... More >>
Governor Paterson gave his annual State of the State speech, and although there were some of the grim zingers to which we've grown accustomed to hearing from him -- "The days of running New York like a payday loan operation must come to an end" is our favorite -- he mostly boosted the state ("New Y ... More >>
Here's a new study on city salaries that ought to be on top of Mayor Bloomberg's holiday reading pile and which helps explain why Bronx residents and political leaders were pushing so hard to win a living-wage for any new jobs created by the city at the mammoth Kingsbridge Armory: The Bronx has the ... More >>
Will Bloomie's world come crashing down in the Bronx?Around City Hall this afternoon, fingers of blame will be pointing in all directions if - as seems likely at the moment - the mayor's proposal for the Kingsbridge Armory is voted down today. At last count, the Bronx council delegation and b ... More >>
While the nation was preoccupied with hot air, the White House released its first list of actual jobs created thus far from the federal stimulus. Tallying up to a paltry 30,383 jobs, they've got a long way to go to reach the 3.5 million they'd hoped to create by the end of the year. To be fair, th ... More >>
You might think that the middle of a recession spawned by massive corporate malfeasance wouldn't be the best time to propose a giant tax break for corporations. But then, if you're Mayor Mike Bloomberg and Council Speaker Christine Quinn, you might not. Crain's reports today that the dynamic duo of ... More >>
As we said, the dozen-plus protesters in Bowling Green today -- while less numerous than the previous New York tea-party's speakers, who called Obama a socialist and compared him to Hitler -- were a little more down-to-earth. There was a guy in a grey suit and shades who talked about commodity mon ... More >>
We'll give it a shot, anyway. The Mayor is going to give this annual speech today at Brooklyn College. Let's begin: 1:21 p.m. Brooklyn borough president/buffoon Marty Markowitz tells a few jokes. He has "declared Brooklyn a Republic," but collegially tells Queens beep Helen Marshall that "whatever ... More >>
This morning in Yankeefunland: Assemblymember Richard Brodsky's surprise last-second hearing on the latest round of taxpayer-financed Yanks and Mets stadium bonds, with promised testimony (under duress) from Yankees president Randy Levine and city Economic Development Corporation chief Seth Pinsky ... More >>
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