New York State's tax receipts in November were a whopping $800 million above Governor Cuomo's projections for the month—further evidence that the current-year budget gap is probably much smaller than Cuomo has been claiming. Meanwhile, however, Read More
As the coronavirus pandemic resurges across New York, residents of nursing homes are once again bearing the brunt. During the five-week period from Oct. 25 to Nov. 29, nursing Read More
Despite the crushing impact of pandemic restrictions on small businesses throughout New York, the state Labor Department announced late today that it will move forward with a big minimum wage increase scheduled for the end of the month. Read More
Beyond providing direct aid, there's another way the relief package being debated in Washington can and should boost New York's bottom line: by loosening the federal reins on Medicaid. Read More
With time running out on his chances of securing federal relief aid in a lame-duck congressional session, Governor Cuomo is (again) demanding that Washington send him more money—or else. Read More
The Empire State has long asserted the right to tax nonresidents commuting to work in New York—even when their work is done at home. The payoff for Albany is huge: as of 2018, newly released state data show, nonresidents generated $7.4 billion in New York State personal income taxes, 15 percent of the total. Most of that came from people who were regular commuters before COVID-19 hit. Read More
In the midst of the constitutional showdown over his pandemic policies, Governor Cuomo made changes to a disputed Brooklyn 'cluster zone' that seemed to contradict his own declared guidelines. Read More
Still struggling to recover from spring pandemic shutdowns, now facing due to a second wave of COVID infections, the last thing New York's economy needs is a state-mandated disincentive to put people back to work. Nonetheless, at the worst possib Read More
After rising sharply once the economy began to reopen, private payroll growth in New York ominously ran out of steam in October, according to the state's monthly jobs report. Read More
The ongoing surge in New York's coronavirus pandemic raises doubts about the effectiveness of Governor Cuomo's "micro-cluster" strategy. Read More
New York City schools reopened this fall under terms dictated by the city's teacher and principal unions. Now, as city schools close -- once more at the unions' behest -- the city is left with thousands of extra teache Read More
After , personal income growth matched or exceeded national averages in most parts of New York State in 2019, according to the from the federal Commerce Department's Bureau of Economic Analysis (BEA). The 2019 income rebound was most pronounced i Read More