Tag: Economy

There are no grounds for optimism in released this morning by state Comptroller Thomas DiNapoli. Net personal income tax receipts were down $83 million, or 4 percent, from the same month in 2008—and a full 12 percent below the August 2007 level Read More

David Leonhardt's in today's New York Times Business Section (given more prominent play on the Times ) touts a slight recent increase in weekly earnings as evidence that the recession isn't causing widespread pay cuts after all. Read More

In a , the Washington Post reports that "the biggest" of the nation's too-big-to-fail "banks are even bigger" today, with three big banks alone owning more than 30 percent of the nation's deposits, and four big banks issuing "one of every t Read More

The chairman of Britain's Financial Services Authority (similar to our SEC), Lord Turner, yesterday floated the idea of a global tax on financial transactions to shrink "a swollen financial sector," the FT . Turner admits that "the probl Read More

What issue got 2,000 rural upstate New Yorkers fired up enough to rally Sunday (under threatening skies) in opposition to a bill sponsored by who represents many of them in Congress? . Read More

Private employment has dropped nine times faster than state and local government employment in New York since last year, according to by the Albany-based Rockefeller Institute.  But the national trend showed even more of a disparity between the priv Read More

The Paterson Administration is backing off on plans to (finally) start collecting taxes on cigarettes sold by American Indian retailers, the Buffalo News .   This will add $65 million in red ink to The decision drew immediate Read More