Research

Barely three months after the state Legislature approved a $2.3 billion package of tax and fee hikes to bail out the financially troubled Metropolitan Transportation Authority (MTA), members of the MTA's largest union have been awarded a pay increase that will break the authority's tenuously balanced budget. Read More

As we've said (repeatedly), the new labor contract betwen the Metropolitan Transportation Authority and the Transport Workers Union, decided by a panel of state arbitrators yesterday, is an outrageous giveaway. But just as outrageous was the s Read More

AUTHOR'S NOTE: PLEASE SEE BELOW FOR IMPORTANT CORRECTIONS TO THIS POST IN BOLD. In May, after months of turmoil, Albany agreed to a new package of taxes for the state-run Metropolitan Transportation Authority (MT Read More

Nicole has on the generous contract arbitration award to transit workers.   Her lead sums it up nicely: THE MTA just managed to give away the store in the new Transport Workers Union contract -- and they couldn't have done it without Read More

UPDATE: My WOR radio interview on this topic with John Gambling is . A labor arbitration panel is prepared to award raises of nearly 12 percent over the next three years to Metropolitan Transportation Authority (MTA) employees represented by Loca Read More

Generations of young (mostly male) Americans have schooled themselves in basic auto mechanics, saving thousands of dollars in the bargain, by teasing years of service out of high-mileage cars given up for dead by their previous owners.  For that guy Read More

"New York recently paid almost $50 million to private stock managers to actively invest part of the state's massive public pension fund, and they lost more than $1 billion, a worse performance than stocks that were essen Read More