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Positive labor market data and GDP growth support this, but job opportunities in some sectors are down. Not all job data is positive, with job openings falling from their post-pandemic highs. Below are some of the signs the economy is thriving, as well as some warning signs. Labor market data is mostly positiveThe labor market is still stable despite gradually slowing, Kimbrough said during the forum. "I think the investment side of our economy is going to start to chip away a little bit at the discretionary consumption weight in our economy."
Persons: , Marc Giannoni, LinkedIn's Karin Kimbrough, Charles Schwab's Liz Ann Sonders, Giannoni, Kimbrough, Jerome Powell, Powell, NerdWallet's Elizabeth Renter, Sonders, They're, there’s, there's, — Kimbrough, it’s Organizations: Federal, Service, Barclays, NYU Stern Economic, Labor, Conference, University of Michigan's, Market Committee, Health, New, New York City Housing Locations: York, New York City
ALBANY, N.Y. (AP) — New York’s bipartisan redistricting commission approved a new congressional map Thursday that makes modest changes to three competitive districts but does not substantially change the rest of the state's lines. New York's congressional redistricting process has been closely watched this year as suburban races in the state could have outsize influence on which party controls the House after the November elections. The redistricting commission was tasked with coming up with new districts after the state's highest court in December threw out the map used in the 2022 elections. The panel's new map plan leaves the most of the current congressional districts largely in place, a move that could help head off legal challenges against the proposal. The Independent Redistricting Commission was created under a constitutional amendment approved by voters in 2014.
Persons: nix, Brandon Williams, Marc Molinaro, Pat Ryan, George Santos, Tom Suozzi, , Charles Nesbitt, ___ Izaguirre, Michael Hill Organizations: Democrat, Republicans, Republican Rep, New, Independent, Democrats, Associated Press Locations: ALBANY, N.Y, Syracuse, Auburn, Cortland, Woodstock, Molinaro's, Albany, New York City, Long, York, Lindenhurst , New York
The "singles tax" for solo renters has increased to an annual average of $7,110. New York City has the highest singles tax among major cities analyzed in a recent Zillow analysis. Zillow crunched the numbers on what's called the "singles tax," or how much more singles are paying to live alone without a partner or a roommate. AdvertisementZillow published what the singles tax looks like in several major cities. As seen in the table below, some of the places with high singles tax are also places where it's already costly to live.
Persons: Emily McDonald, , valentine, Zillow, what's, McDonald, it's, haven't, It's Organizations: New, Service, New York, San Francisco Locations: New York City, York
A Slushy, Snowy, Icy Mix
  + stars: | 2024-02-13 | by ( ) www.nytimes.com   time to read: 1 min
A nor’easter disrupted daily life across the Northeast on Tuesday, upending school and work commutes, as rain turned to a slushy mix and then to snow in many regions. Some parts of New England were braced for more snow than they were likely to get as the storm rerouted itself. New York City was expecting up to 8 inches. In all, the weather was good news for small children and dogs, who quickly found their ways to parks and sledding hills — but was less pleasant for delivery workers on bikes and scooters.
Locations: New England, New York City
Spokane Valley, Washington is seeing the fastest growth in high-income households making at least $200,000 annually. The analysis found that just one Southern city made the top 10 for cities adding high-income households at the fastest rate between 2021 and 2022, while four cities in the northeast ranked in the top eight. The report notes that high-income households often have large impacts on local economies, which could impact housing markets in the long term. Spokane Valley, located in the eastern part of Washington, had an over 183% increase in high-income households, amounting to over 1,500 between 2021 and 2022. Evansville, Indiana increased by 150% during the time period, adding 816 high-income households.
Persons: Organizations: Business, Allentown, U.S . News, Southwest, Bank of America, Massachusetts, Connecticut, Santa Clara, New Locations: Spokane Valley , Washington, Southern, Spokane Valley, Washington, California, Texas, Allentown , Pennsylvania, Philadelphia, Evansville , Indiana, South, Killeen , Texas, San Tan Valley , Arizona, Jackson , Mississippi, Palmdale , California, Southwest, West Coast, New England, Springfield , Massachusetts, New Haven , Connecticut, Manchester , New Hampshire, Sunnyvale, Santa, New York City
New York City recently conducted its annual survey of the unsheltered homeless. Mayor Eric Adams, flanked by officials from the Departments of Social Services and Homeless Services, kicked off the city's annual Homeless Outreach Population Estimate. The city was about to send 1,500 volunteers to all five boroughs to collect data on the unsheltered homeless. New York City has been keeping count this way since 2005. How New York counts its homeless populationMayor Eric Adams, flanked by city officials and volunteers at the city's 2024 Homeless Outreach Population Estimate.
Persons: , Eric Adams, Adams, Katie Balevic, wouldn't, we've, Wasow, we're Organizations: Business, Service, of Social Services, Homeless Services, womens Locations: York City, New York, Manhattan, New York City, Gramercy, Kips, Queens, Bronx
The New York City property exec and veteran real estate broker pointed to potential trouble heading for the US office space, thanks to the plunging demand for office buildings since the pandemic, and poor lending conditions across the commercial real estate sector. AdvertisementExperts have been warning of trouble in the commercial real estate sector for the last year as credit conditions in the economy tighten. Many commercial real estate mortgages are financed at interest rates around 3.5%-4%. New York City alone has around 100 million square feet of empty office space, Knakal estimated. Office buildings, meanwhile, could soon double the price decline they saw in 2023, the real estate firm Cohen & Steers estimated.
Persons: , Bob Knakal, Knakal, Banks, Cohen, Steers Organizations: Service, Business, New, CNBC, National Association of Realtors . New Locations: New York City, National Association of Realtors . New York City
Time Out reveals world’s best cities for 2024
  + stars: | 2024-01-23 | by ( Francesca Street | ) edition.cnn.com   time to read: +3 min
Perhaps it’s no wonder, then, that media company Time Out has named New York City as its best city for 2024. Time Out surveyed some 20,000 city-dwellers across the world, alongside its network of global writers and editors, to compile its latest round-up of the best cities in the globe. Smaller cities in the top 10 include Liverpool, UK (number 7) and Porto, Portugal (number 10). New York City, USA2. Cape Town, South Africa3.
Persons: CNN —, Katy Scott, Scott, , , ” Scott, Grace Beard Organizations: CNN, New, Cape, Theatre, . New Locations: New York City, , York, Cape Town , South Africa, Cape Town, France, South Africa, Cape, Robben, Berlin, Germany, London, Madrid, Spain, Liverpool, Porto, Portugal, . New York City, USA, Mexico City, Mexico, Tokyo, Japan, Rome, Italy
Ultimately, that attribute led the 44-year-old to a career she never imagined: a real-estate agent and investor. Until she started her first job as a paralegal at one of the biggest law firms in New York City, that is. Becoming a real-estate agent satisfied both of those criteria. Casey started bringing in $2,350 a month, which the government covered for her tenant. "To get $1,100 right now in gross cash flow on your first deal in a low market is really, really good, especially in Baltimore where the average is $300."
Persons: Nyasia Casey, Casey, Casey didn't, I've, that's, doesn't, Casey Casey, Charles Blair, she'd, Blair, it's, It's Organizations: Business, SUNY Albany, Amazon FBA, YouTube, Housing Authority Locations: New York City, Florida, New York, Baltimore, Maryland's, Baltimore City
Millennial homebuyers aren't just leaving the urban core — they're moving to the farthest reaches of the suburbs. The 'youthification' of cities and far-flung suburbsFor nearly two decades millennials morphed dense, amenity-rich urban neighborhoods across America into exclusive playgrounds for the young and childless. Compared with Gen Xers and baby boomers, a much larger share of millennials moved to cities in their young adulthood — and stayed for longer. The pandemic only steepened a trend that's been ousting millennials from cities for years: rising housing costs in cities. Millennials could help transform suburban sprawl into town-like communities or small cities with more third places and a stronger sense of community, Panova says.
Persons: Jandra Sutton, Sutton, they're, pricey, they'll, Gen Xers, millennials, , Millennials, — it's, Zers, Allison Levine, Tiffany Stuart, — Stuart, Stuart, Hyojung Lee, Lee, who's, John Natale, Rafay Qamar, didn't, Qamar, We've, Paul Stout, Stout, Tayana, Panova, Levine, Eliza Reman Organizations: bodega, Suburban Jungle, Harvard's, for Housing Studies, Seoul National University, New York City, Suburban, Business Insider's Locations: Tennessee, Nashville, America, San Francisco, Boston, Salt Lake City, Seattle, Austin, Denver, New York City, New Jersey, Flatbush, Wall Township , New Jersey, exurbs, New York, Chicago, Black, walkable, Sutton's
Learn moreBetween root touch-ups and biweekly maintenance appointments, getting your hair professionally colored at the salon can get pricey. New York City-based stylist and salon owner Nunzio Saviano of Nunzio Saviano Salon explains, "Color-treated hair requires special care to keep it vibrant and true in tone." Stretch your dollar even further with the best shampoo for color-treated hair, like our top pick, the Kérastase Chronologiste Shampoo for Dull and Brittle Hair, which leaves hair glossy and vivid after each wash.With all this in mind, New York City-based hairstylist Nicholas Taylor notes that some of the best shampoos for color-treated hair are often sulfate-free since these detergents can end up stripping the hair. He says, "Sulfates are so strong that they will completely fade the color you just paid all that money for at the salon." To help narrow your options, we've rounded up the best shampoos for color-treated hair for different hair types, colors, and price points.
Persons: Nunzio, hairstylist Nicholas Taylor Locations: . New York City, , New York City
Barcelona is a decade into transforming many of its streets into green, car-light public spaces. Earlier this year, the city announced yet another major expansion of the project, with a goal of making a third of city streets green by 2030. And as Americans experience an epidemic of loneliness, a built environment that fosters social connection might be crucial for public health. Making a neighborhood more attractive with more walkable, green streets could mean triggering or speeding up gentrification. More walkable communities with high-quality public spaces are much more expensive to live in, indicating high demand.
Persons: , Sven Eggimann, Tayana Panova, Jonathan Cohn, who's, Eggimann, pyi2lKhNzc, Billy Fields Organizations: Service, ZHAW School of Architecture, Residents, Urban, Smart Growth Locations: Barcelona, Spanish, Switzerland, New York City, Barcelona's, Vitoria, Europe, Valencia, Manhattan, Francisco, Superblocks
According to a recent U.S. News and World Report ranking, the state of Pennsylvania dominates the list of best place to retire in the U.S. Harrisburg ranked as the best place to retire in the U.S. in 2024, according to U.S. News and World Report. Richard T. Nowitz | The Image Bank | Getty ImagesHarrisburg, Pennsylvania's capital, ranked as the best place to retire in the U.S. Reading, Pennsylvania ranked as the second-best place to retire in the U.S. in 2024, according to U.S. News and World Report. 3 best place to retire in the U.S. in 2024, according to U.S. News and World Report.
Persons: Richard T, Penn ., Alex Potemkin, RentCafe Organizations: . News, U.S . News, U.S, Harrisburg, Bank, Getty Images, Allentown , Penn . New York City, Daytona, Reading Railroad, Monopoly, Istock, Getty Locations: U.S, Florida, Pennsylvania, Northeastern, Puerto Rico, Harrisburg, Penn, Getty Images Harrisburg, New York City, Philadelphia, Baltimore, Washington, East Coast, Zillow, Reading, Penn . Lancaster, Scranton, Allentown , Penn . New York, Allentown , Penn . New York City York, Daytona Beach, Fla . Youngstown , Ohio Pittsburgh, Reading , Pennsylvania, Lancaster, Reading , PA, Lancaster . Lancaster , Pennsylvania
And I’m not talking just about George Santos. But I am absolutely, definitely talking about George Santos. His lies are so extensive that a very long list of them compiled by New York Magazine under the heading “Here’s Every Single Lie Told by George Santos” may need to be updated by the time you finish reading this essay. New York City’s mayor, Eric Adams, said that he had long carried around a photograph of an officer who was killed in the line of duty. Despite being hailed as the city’s “first vegan mayor” — the author of a vegan cookbook!
Persons: I’ve, George Santos, George Santos ”, Santos’s, Eric Adams, ” — Organizations: House, New York Magazine, Yorkers, . New York City’s Locations: New York, . New York
Sheffield, Mass. It is about 20 minutes from Great Barrington, a popular shopping and dining destination, and 40 minutes from Lenox, home to the Mount, Edith Wharton’s country estate, and the Tanglewood Music Center. Size: 1,506 square feetPrice per square foot: $365Indoors: The house sits back from the road, at the end of a long driveway. The front door opens into a bright living room with multiple windows and a fireplace with a stone chimney flanked by built-in cabinetry and shelves. This space is open to a dining area in front of a large window with a view of mature trees.
Persons: Edith Wharton’s Organizations: Tanglewood Music Center ., New Locations: Sheffield, York, Connecticut, Great Barrington, Lenox, Tanglewood Music Center . Albany, N.Y, Hartford, Conn, New York City, Boston, cabinetry
The cities say they buy tickets only for migrants who want to travel and they do not coerce people to leave. The vast majority were bus tickets, but Denver also purchased about 340 tickets for flights and 200 for train rides. Ewing gave a similar message regarding El Paso’s busing of migrants to Denver, saying the two cities have been in communication. New York City and Chicago also are limiting migrants' shelter stays. “We have other Democratic cities, Denver, California, L.A., sending their people to Chicago, New York.
Persons: Mario Russell, ” Russell, Staff Mary Krinock, we’re, ” Jon Ewing, , Yoli Casas, “ There’s, We’re, Russell, Jared Polis, Lori Lightfoot, Eric Adams, Polis, , Joe Biden, Chicago Mayor Brandon Johnson, Ewing, El, ” Ewing, ” El, Greg Abbott, Abbott, Andrew Mahaleris, Ron DeSantis, Maura Healey, ’ ” Alderman Anthony Beale, Sophia Tareen, ___ Organizations: DENVER, Democratic, Center for Migration Studies of New, Catholic Charities, Archdiocese of, Staff, Denver Human Service, Vive Wellness, Denver, Center for Migration Studies, Colorado Democratic Gov, Chicago, New York City, Washington , D.C, Chicago Mayor, Democrat, Texas Gov, Democratic Gov, Chicago City, Associated Press, America Statehouse News Initiative, America Locations: Denver, U.S, Mexico, El Paso , Texas, New York, Illinois, Texas, Florida, Center for Migration Studies of New York, Chicago, Venezuela, Archdiocese of Chicago, . Texas, New, Cities, Denver , New York, Houston, Los Angeles, Washington ,, ” El Paso's, Philadelphia, San Antonio, Massachusetts, New York City, Denver , California, L.A, Chicago , New York
The settlement covered more than 100 women, led by a former ballet dancer known as Jane Doe 1, who said Epstein abused them. It followed embarrassing disclosures that JPMorgan ignored internal warnings and overlooked red flags about Epstein because he had been a valuable client. JPMorgan in September agreed to pay $75 million to settle related claims by the U.S. Virgin Islands, where Epstein owned two islands. Rakoff on Oct. 20 gave final approval to a similar $75 million settlement between Epstein's accusers and Deutsche Bank (DBKGn.DE), where Epstein banked after JPMorgan fired him. Epstein died in a Manhattan jail cell in 2019 at age 66 while awaiting trial on sex trafficking charges.
Persons: Morgan, Stephanie Keith, JPMorgan Chase's, Jeffrey Epstein, Jed Rakoff, Epstein, Rakoff, Jane Doe, Sarah Ransome, Ghislaine Maxwell, Epstein's, Luc Cohen, Daniel Wallis Organizations: REUTERS, JPMorgan, Washington D.C, U.S ., Deutsche Bank, US, Islands, Thomson Locations: New York City, U.S, Manhattan, Washington, U.S . Virgin Islands, Rakoff, New York
An Epic Pilgrimage Across Three Great Religions
  + stars: | 2023-11-09 | by ( Aatish Taseer | ) www.nytimes.com   time to read: +111 min
Before there was tourism, there was pilgrimage: a trip of endurance, hardship and ecstasy in celebration of one’s faith. On an epic pilgrimage of his own, one writer ventures into the heart of three great religions in Bolivia, Mongolia and Iraq. The Imam Hussein shrine in Karbala the day after Ashura. “They’re poor, but they come thousands of kilometers for the love of Imam Hussein.” PILGRIMAGE WAS A great equalizer. “Labaik ya Hussein,” came the solemn chorus of surrounding voices.
Persons: Eduardo Quintela Gonzáles, ” Quintela, JAN, , , Quintela, Victor, Edith Turner, Chaucer, ferne, sondry londes, Vaishno Devi, Lyra Skinner, Lyra, Victoria Preston’s, , Prophet Muhammad, Virgin Mary, Bath, Naipaul, Augustus, Ryan, garret, Virgin, Monica Machicao, Nicholas Casey, ” Monica, Casey, Evo Morales, sloughing, Columbus, Cortés, Francisco Pizarro, Monica, glitzy cholets, Peru —, Viracocha, it’s, Pablo Quisbert, Leandro Chitarroni, Eichmann, Father Chitarroni, Father Chitarroni’s, Conquistadores ”, Fernando Cervantes, Bernabé Cobo, Quisbert, Edgar Quispe, Tatiana Huayhua, Francisco Tito Yupanqui, Mary, Yupanqui’s, su, Yupanqui, Chitarroni, she’s, Friar Abelino Yeguaori, Friar Yeguaori, Friar Yeguaori’s, Irene, Juana, hajji, Waka, Aracely Alcón, Santiago, Alcón, , don’t, ” Alcón, Tito Yupanqui, Uma Marka, Pachamama, haggard, Amaru Fiorilo Barrios, he’d, ” Fiorilo, Fiorilo, who’d, Valeria Alcón, Laureano Jose Quisbert, Elena Ticona Flores, Eduardo Quintela’s, Ensamble, pang, padre, consolations, Sincrético, El, Rodrigo Paz Pereira, Axel, amauta, strode, La, Aatish Taseer, Saint Helena —, Constantine I, La Paz, Orgilbaatar Tsolmon, Orgil, Genghis Khan, Edward Gibbon, ” Orgil, Araniko’s, Kublai Khan, Genghis Khan’s, Kubla Khan, Coleridge, Kublai, Stalin, sybarite, Khamar, Dalai Lama, Lama, Christopher Kaplonski, ger, I’d, banshtai tsai, Prim, Egi, Munkhdul, Gandantegchinlen, Haidav, herder, “ Um sain, boltugai, Danzanravjaa, Zanabazar’s, Erdene, Mandakhtsog Monkhbaatar, Monkhbaatar’s, Dalai Lamas, prostrated, He’d, Zuu, she’d, Santiago de, L.K, Advani, Emperor Babur, Ram, kar sevaks, Ayodhya, Narendra Modi, Munkhbaatar Batchuluun, Henry Wallace, Franklin D, Potemkin, Munkhbaatar, Gerelmaa, Giimaa, She’d, Eduardo Quintela, Aracely, Santiago’s, Joseph Brodsky’s, Muhammad’s, Hussein, William Keo, ” Khuder, pillion, Labaik, Hussein ”, O Hussein, hearkened, Prophet, Ali —, Ali, Yazid, Imam, crackling, chickpeas, Imam Ali, Imam Hussein, Saddam Hussein, Tusi, Qasim, Imam Hussein’s, Khuder, “ Will, Najaf, prestes, — I, Yasir Yaseen, Ashura, Ali Akbar, Abbas, Ali Asghar, “ We’re, Francisco Goya’s, Hussein’s, Groom, Joseph, ” Wissam, Turfi, Saddam —, Arbaeen, Saddam, “ Imam Hussein, WE, Muhammad, Barnaby Rogerson, Prophet Muhammad ”, ” Ali, Muhammad — Muhammad, formlessness, Muqtada al, Abrams, chiding, Abu Musab Al, Zarqawi, Al Qaeda, William, “ They’re, Ayatollah Ali Khamenei, flagellants, ruddy, stylishly, Hussein — shahid —, Farman Ahsan, Syed Salman Raza —, Saddam’s, ” Raza, William “, Ali Zayn al, Abidin, Labaik ya Hussein, thrall —, Lloyd, Susanne Rudolph — Organizations: CITY LA, LA, LA PAZ, Virgin, Crusaders, Dolorosa, Sun, The New York Times, Bolivian, Spain, La, Cordillera, Universidad Mayor de, Catholic, Good, La Paz, Dominican, Pakistan, Caesars, Nissan, Coke, Communists, Communism, ardor, Communist, Hyundai, flails, sacra, Apache, Mahdi Army, Al, ISIS, Karachi —, Princeton Locations: Bolivia, Mongolia, Iraq, Aatish Taseer Bolivia Mongolia Iraq, CITY LA PAZ, BOLIVIA, NAJAF, IRAQ, ULAANBAATAR, MONGOLIA, LA PAZ, La Paz, Bolivian, Copacabana, Lake Titicaca, New York, Christian, British, sondry, India, Delhi, Varanasi, Europe, American, Mecca, Arabia, Long, Vino Tinto, Chile, Peru, Monica, Plurinational State, Bolivia —, Americas, Spain, Columbian, Aztec Mexico, Inca Peru, Calvary Hill, Virgen del Cerro, South America, Puerto Rico, Huatajata, , Argentine, Universidad Mayor de San Andrés, Mexican, revelry, Spanish, , morena, La, “ India, multilayered, Potosí, Argentina, Warisata, Scotch, Santiago de Compostela, Kingdom of Saudi Arabia, Nepal, Nations, El Alto, Buenos Aires, Bombay, Tibet, Bolivia’s, Yamuna Rivers, United States, Buddhist Mongolia, Ulaanbaatar, Mongolian, Istanbul, Asia, Islam, China, Beijing, Dadu, Erdene Zuu, Soviet, Gobi, Los Angeles, gers, Qing China, Karnataka, Töv Province, Karakorum, Khamar, Erdene, Ukraine, Korea, Golden, Bayankhongor, Lhasa, Dalai, Inner Mongolia, Mongol, Nalaikh, Santiago, Santiago de Compostela and Canterbury, Bulgan Province, Somnath, Gujarat, Ayodhya, Uttar Pradesh, ger, East German, Uvs Province, Pakistani, Indian, Tennessee, Najaf, Baghdad, Khuder, , abayas, KARBALA, Kufa, Medina, Saudi Arabia, Karbala, Imam Ali, Bab, Kuwaiti, Bohras, South Asia, Tajikistan, Zaydis, Yemen, Alawites, Anatolia, Syria, Iran, Bahrain, Azerbaijan, Sadr, U.S, Jordanian, Al Qaeda, Mesopotamia, Al, Multan, Pakistan, Punjab, Pakistan’s, Islamabad, Lahore, Kuwait, Karachi, Doha, Qatar
ALBANY, N.Y. (AP) — New York is requiring state health officials to develop an outreach program to educate parents and doctors about the harmful impacts of medically unnecessary treatments performed on young children born intersex. Advocates for the statewide legislation say the medically unnecessary operations on infants and young children born intersex come with a slew of potential negative impacts that parents and doctors must be aware of. Various health and human rights organizations, including the Physicians for Human Rights, a U.S.-based nonprofit that advocates against human rights violations around the world, in the past have called for an end to the medical treatments. A majority of advocacy groups estimate that there are about 5.6 million people in the United States who were born intersex, according to The Associated Press. In California, a majority of state lawmakers rejected a bill in 2020 that would have banned some medically unnecessary surgeries on intersex children until they are old enough to participate in the decision.
Persons: Kathy Hochul, Rebecca Seawright Organizations: , New, Council, Physicians for Human Rights, Physicians, Human, Associated Press, American Locations: ALBANY, N.Y, — New York, New York, U.S, United States, California
A U.S. judge on Thursday approved JPMorgan Chase 's $290 million settlement with women who said Jeffrey Epstein abused them, and that the largest U.S. bank turned a blind eye to the late financier's sex trafficking. U.S. District Judge Jed Rakoff granted final approval to the deal at a hearing in Manhattan federal court. He had previously granted preliminary approval to the deal in June, calling it a "really fine settlement." JPMorgan in September agreed to pay $75 million to settle related claims by the U.S. Virgin Islands, where Epstein owned two islands. Rakoff on Oct. 20 gave final approval to a similar $75 million settlement between Epstein's accusers and Deutsche Bank (DBKGn.DE), where Epstein banked after JPMorgan fired him.
Persons: JPMorgan Chase, Jeffrey Epstein, Jed Rakoff, Jane Doe, Epstein, Ghislaine Maxwell, Epstein's Organizations: JPMorgan Chase, JPMorgan, U.S ., Deutsche Bank Locations: New York City, U.S, Manhattan, U.S . Virgin Islands, Rakoff, New York
The case of IrvineWhen the city of Irvine took on short-term rentals in 2018, Airbnb seemed unstoppable. Its tentacles had spread to cities across the globe, converting entire neighborhood blocks, in the most dramatic cases, to short-term rentals. Plenty of cities had passed ordinances banning short-term rentals, only to see Airbnb listings continue to pop up. That's consistent with data on short-term rentals in Irvine, which showed that by January 2021, the number of listings in Irvine had halved. As the Berlin and Boston studies found, when houses or apartments are pulled off the long-term market to be used as short-term rentals, housing supply decreases.
Persons: it's, that's, Banning, Irvine, Airbnb, Michael Seiler, College of William & Mary, Seiler, Murray Cox, Ken Fairbanks, Fairbanks, Cox, Airbnbs, Alicia Glen, Sarah Saadian, It's, we're, Saadian, Katya Schwenk Organizations: , New, Real Estate Economics, College of William &, Irvine, New York's, Housing Coalition, The Locations: New York City, New York, York City, Irvine , California, Orange County, Real, Irvine, Plenty, Airbnbs, . New York City, Berlin, Boston, Burlington , Vermont, Summit County, Colorado, New, Airbnb, Phoenix , Arizona
Most Americans still have to commute every day. Jenn Ackerman for The New York TimesLike a majority of Americans, Ms. Hargreaves was unable to do her work at home. Source: American Community Survey Note: Average commute length for 2020 is not included. The average commute distance changed much less, an indication that commuters are driving faster — but also, more people are driving. “A lot of our choice riders, we're still working to influence them to re-choose transit,” Ms. Tucker said.
Persons: Torie Hargreaves, Jenn Ackerman, Hargreaves, Ms, That’s, Andrea Villanueva, Villanueva, The New York Times “, ” Christopher Wiese, Dr, Wiese, “ There’s, , Patricia Mokhtarian, John Goodwin, Rosalind Tucker, we're, Tucker, Aimee Lee, Lee Organizations: Atlanta Washington San, Mo . Chicago Minneapolis New, Mo . Chicago Minneapolis New York City Los Angeles Philadelphia Columbus Denver, The New York Times, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San Francisco Seattle Washington Midnight, Georgia Institute of Technology, Census, New York City –, Philadelphia –, Angeles –, Francisco –, Boston –, Seattle –, Chicago –, Denver –, Kansas City –, Miami –, Houston –, Minneapolis –, Washington –, Austin –, Dallas –, Atlanta –, Charlotte –, Columbus –, Nashville –, Detroit –, BART, area’s Metropolitan Transportation Commission, Labor Department, Atlanta Regional Commission, Lifeline, Chicago Metropolitan Agency for Planning, Regional Transit Authority, % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % Locations: Atlanta Washington San Francisco Boston Kansas City, Mo . Chicago Minneapolis, Mo . Chicago Minneapolis New York, Minneapolis, postpandemic, Atlanta, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San Francisco Seattle, South Minneapolis, North Minneapolis, Boston, Chicago , Kansas City, San Francisco, Washington, New York, Francisco, area’s
More than 100,000 current and former NY Uber and Lyft drivers are eligible for payouts in a wage-theft case. Uber will pay $290 million and Lyft will pay $38 million, Attorney General Letitia James said. AdvertisementAdvertisementRide-hailing companies Uber and Lyft will pay a combined $328 million to settle wage-theft claims in New York, Attorney General Letitia James announced Thursday. Uber will pay $290 million and Lyft will pay $38 million. Lyft's chief policy officer, Jeremy Bird, said in a statement, "This is a win for drivers, and one we are proud to have achieved with the New York Attorney General's Office."
Persons: Uber, Letitia James, , Lyft, James, Lyft systemically, Tony West, Jeremy Bird Organizations: NY, Service, Taxi, Limousine Commission, New York, General's Locations: New York, New York City, York
New York City resembled a ghost town after 370,000 people were told to evacuate flood-prone areas, including near Wall Street and at Coney Island, and mass transport was shut down. AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP via Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Spooky OctoberMajor U.S. indexes inched up Tuesday, but ended October in the red — giving them a three-month losing streak. The 117-year-old company is "becoming an AI company.
Persons: Irene, Stan HONDA, STAN HONDA, Kospi, Janet, Jerome There's, Jerome Powell's, Joe Biden, Xi Jinping Organizations: AFP, Getty, CNBC, Japan's Nikkei, Bank of Japan, Federal Reserve, U.S . Treasury, AMD Locations: Lower Manhattan , New York, Tri State, New York City, Wall, Coney, AFP, Asia, Pacific, China, U.S
The number of homeless public school students in New York City reached an all-time high of 119,320 last school year, according to new data released Wednesday, as migrants crossing the southern border continued to flock to the city. The statistics — which include children in shelters, hotels, relatives’ homes and other transient places — illuminate the challenges for Mayor Eric Adams’s administration in handling the rise in homeless students. New York City’s homeless student population is now larger than the entire traditional public school system of Philadelphia. Now, about 1 in 9 New York City students are homeless. In one section of the Bronx, more than 22 percent of students were homeless.
Persons: Eric Adams’s Organizations: New York Locations: New York City, York, Philadelphia, Bronx
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