The stock market’s weak performance is projected to cost the city billions of dollars in pension fund obligations in the coming years. Source: New York Times
Posts published in “United States Economy”
Biden Hopes to Amplify Contrast With Republicans on Economic Policy
By Gotham Rex on October 27, 2022
Visiting Syracuse, N.Y., which has benefited from recent legislation, the president will point to his administration’s efforts to lower costs for families. Source: New York Times
In Fight for Congress, a Surprising Battleground Emerges: New York
By Gotham Rex on October 11, 2022
After a haywire redistricting process, New York has more congressional battlegrounds than nearly any other state. Even the Democratic campaign chairman is locked in a dead heat. Source: New York Times
Lonely Last Days in the Suburban Office Park
By Gotham Rex on July 5, 2022
Yes, downtown offices are struggling. But there is a different kind of emptiness in suburban settings that were already isolated and lightly populated by design. Source: New York Times
They Never Could Work From Home. These Are Their Stories.
By Gotham Rex on September 22, 2021
A parallel universe of millions of employees did not have the luxury of thinking about returning to the office — they never left. Six workers share their experiences. Source: New York Times
800,000 New Yorkers Just Lost Federal Unemployment Benefits
By Gotham Rex on September 7, 2021
Many pandemic-era federal programs expired on Sunday, leaving jobless New Yorkers with more modest state unemployment benefits, or no aid at all. Source: New York Times
New York Is Getting $22 Billion in Federal Aid. How Should It Be Spent?
By Gotham Rex on June 16, 2021
Business leaders warn the mayor that an influx of aid could be squandered on short-term programs that won’t help the unemployed. Source: New York Times
Gov. Phil Murphy Unveils N.J. Budget Plan With No New Taxes
By Gotham Rex on February 24, 2021
A $44.8 billion spending plan unveiled Tuesday by Gov. Phil Murphy calls for no new taxes and fully funds the state pension program for the first time since 1996. Source: New York Times
‘One Property at a Time’: A City Tries to Revive Without Gentrifying
By Gotham Rex on February 3, 2021
Neighborhoods in Newark are beginning to see a flurry of redevelopment, a decade after the city’s downtown gained vogue. Source: New York Times
Do Curfews Slow the Coronavirus?
By Gotham Rex on January 23, 2021
A restriction more often used in natural disasters, or to quell unrest, has never been tested against a pathogen like the virus. Source: New York Times
Helen Lachs Ginsburg, Who Saw a Living Wage as a Right, Dies at 91
By Gotham Rex on November 4, 2020
A top authority on full employment, she said a job for all may seem unrealistic, but at one time so did the right of women to vote. Source: New York Times
A Viral Theory Cited by Health Officials Draws Fire From Scientists
By Gotham Rex on October 19, 2020
A manifesto urging reliance on “herd immunity” without lockdowns was warmly received by administration officials. But the strategy cannot stem the pandemic, many experts say. Source: New York Times