The calculations on tariffs by the New York Fed are not correct.
Fed Misinterprets ‘Who Covers Tariffs’ “You’re shouldering 90% of President Trump’s tariffs,” Wall Street Journal editorial board stated last week. It’s quite a bold statement. The issue is pretty clear. You, the consumer, are effectively the ones footing the bill. The WSJ editors referenced a recent study by the New York Fed regarding import prices. […]
Berkshire Hathaway, led by Warren Buffett, announces unexpected investment in New York Times
Berkshire Hathaway has announced a new investment in The New York Times, which is a notable move since Warren Buffett had previously exited the newspaper business in 2020. Following the announcement, Times stock saw a 4% increase in after-hours trading, reaching $76.99. According to a filing with the Securities and Exchange Commission, Berkshire held approximately […]
New York is losing jobs to Texas, and Mamdani’s tax proposal will make the situation worse, according to a report.
New York is reportedly shedding thousands of jobs to Texas, which is seen as a more business-friendly environment. According to a recent report from the New York City Partnership, Mayor Zoran Mamdani’s initiative to raise corporate taxes may only speed up this trend. The analysis indicates that Texas’s low-tax approach has effectively attracted businesses, pulling […]
Nicole Malliotakis requests Supreme Court assistance regarding the Democrats’ redistricting in New York.
Supreme Court Petition Filed Over New York Redistricting New York City’s lone House Republican is reaching out to the Supreme Court to intervene in a Democrat-backed initiative aimed at redrawing congressional districts. Last week, Rep. Nicole Malliotakis filed a petition requesting that the Supreme Court put a stop to a state court’s ruling that mandates […]
New York mall on high alert after rowdy group of teens disrupts shops and clashes with police
Police Arrest Teenagers After Mall Disturbance in the Bronx On Monday, law enforcement arrested 18 teenagers following a chaotic incident at a shopping mall in the Bronx, where a large group caused significant disruption. As stores and security personnel braced for potential trouble, there were concerns about a repeat of the earlier chaos. “I’m really […]
New York City pension funds file a lawsuit against AT&T for ignoring a diversity proposal
AT&T has come under fire from four public pension funds in New York City, accused of unfairly blocking a shareholder vote aimed at requiring the company to clarify its employee demographics, specifically regarding race, ethnicity, and gender among its 133,000 personnel. The complaint, filed in federal court in Manhattan, suggests that AT&T pointed to a […]
Blast at church leaves 5 injured in Boonville, New York
New York State Police are looking into an explosion at the Abundant Life Fellowship Church in Booneville, New York, which resulted in injuries to five individuals. Reports from church officials indicate that the pastor and several congregants were inside the building when they called emergency services just before 10:30 a.m. regarding a possible gas leak. […]
Billionaire California gubernatorial candidate Tom Steyer relies on the strategies of New York City’s socialist mayor’s advisors.
Tom Steyer, who is running for governor of California, is reportedly enlisting the help of the political operatives who supported Zoran Mamdani’s bid for mayor in New York City. Steyer, a former hedge fund manager and notable Democratic donor who previously sought the presidential nomination in 2020, is collaborating with the far-left political firm Fight […]
Indian Man Admits Guilt in Murder Scheme Targeting Sikh Leader in New York City
Guilty Plea in Assassination Conspiracy Nikhil Gupta, aged 54, admitted guilt on Friday to a conspiracy charge involving the hiring of an assassin to eliminate Sikh separatist leader Gurpatwant Singh Panun in New York City this year. Prosecutors claim that Gupta was enlisted by the Indian government to orchestrate Panun’s assassination, a point contested by […]
New York Republicans encourage Hochul to support scholarship tax incentives despite opposition from teachers’ unions
New York House Republicans Push for Tax Credit Scholarship Program House Republicans in New York are urging Governor Kathy Hochul to adopt a federal tax credit scholarship program specifically for New York City. This request has stirred up tensions with prominent teachers’ unions. To date, the Democratic governor has declined to endorse a plan that […]