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☆ Biden is pouring $16 billion into making Amtrak trains faster, easier to get to, and more accessible
▼ + stars: | 2023-11-06 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +5 min

Biden is pouring $16.4 billion into passenger rail in the Northeast Regional corridor. AdvertisementAdvertisementPresident Joe Biden — a known proponent of Amtrak — wants trains to run faster and better. His administration is pouring $16.4 billion from the 2021 bipartisan infrastructure law into the Northeast Regional corridor to do just that. Meanwhile, 80% of Amtrak trains were on time in 2020 — and that fell to 74% by 2022. "We're all on our way to creating world-class passenger rail that benefits communities nationwide by making our rail systems safer, more efficient, and more convenient," Landrieu said.

Persons: Biden, —, Joe Biden —, Mitch Landrieu, Transportation Pete Buttigieg, Bill Flynn, Marc Molinaro, Landrieu Organizations: Service, Amtrak —, White, Penn, Transportation, Federal Railroad Administration, Amtrak, European Union, Northeast Corridor Commission, NEC, Infrastructure Investment, Jobs Act, Republicans, New, New York Republican, Republican Locations: Boston, Washington, Baltimore, New York's, Connecticut, Metro, New York, Bronx, Manhattan, —, Northeast, West, Hudson

Walk up to Lafayette Avenue between Fulton Street and Bedford Avenue for one of the best parties along the course. You can also catch runners at several points in Williamsburg and Greenpoint, along Bedford Avenue between Lafayette Avenue and Nassau Avenue. Take the L train to Bedford Avenue, the M or J train to Marcy Avenue or the G train to Nassau Avenue or Greenpoint Avenue. The Q subway line stops at several points along this stretch. North of 96th Street, use the 6 subway line to get to this part of the course.

Persons: It’s, Alexander, Duke Ellington, Charles A, Dana, Harlem Meer, “ Organizations: New York, Brooklyn, Barclays Center, Lafayette, Bedford, Queens, ., Dana Discovery Center, Park, Columbus, West Locations: Staten Island, Brooklyn, Staten, Bay Ridge, Sunset, Park, Flatbush, Fulton Street, Williamsburg, Greenpoint, Bedford, Lafayette Avenue, Nassau, Avenue, Vernon, Jackson, . Manhattan, Manhattan, Bronx, Harlem

☆ Tamirat Tola sets NYC Marathon course record to win men's race; Hellen Obiri takes women's title
▼ + stars: | 2023-11-05 | by ( ) www.cnbc.com time to read: +3 min

While the men's race was well decided before the last few miles, the women's race came down to the stretch. Albert Korir of Kenya, who won the 2021 NYC Marathon, finished second nearly 2 minutes behind Tola. Tola finished in 2 hours, 4 minutes and 58 seconds, topping the 2:05.06 set by Geoffrey Mutai in 2011. Tamirat Tola of Ethiopia set a course record to win the New York City Marathon men's race on Sunday while Hellen Obiri of Kenya pulled away in the final 400 meters to take the women's title. Kenya's Hellen Obiri crosses the line to win the women's elite race in the New York City Marathon on Nov. 5, 2023.

Persons: Ethiopia's Tamirat Tola, Kenya's Albert Korir, Ethiopia's Shura, Letesenbet, Sharon Lokedi, Obiri, Gidey, Albert Korir, Tola, Geoffrey Mutai, Jemal, Tamirat Tola, Hellen, Kenya's, Lokedi, Margaret Okayo, Kellyn Taylor, Molly, Brigid Kosgei, Marcel Hug, " Hug, Tatyana McFadden, Kurt Fearnley, Catherine Debrunner of, American Susannah Scaroni Organizations: Central Park, New York, Marathon, New York City Marathon, Boston Marathon, New Locations: Ethiopia, Central, Kenya, Manhattan, Taylor, Swiss, New York, American

NEW YORK (AP) — Tamirat Tola wasn't thinking about breaking the New York City Marathon course record as he was running by himself in Central Park for the last few miles of the race. Albert Korir of Kenya, who won the 2021 NYC Marathon, finished second nearly two minutes behind Tola. This was a stellar women's field that was expected to potentially take down the course record of 2:22:31 set by Margaret Okayo in 2003. There were talks of breaking the course record and doing all the things, after a bit it was like that’s not going to happen. Catherine Debrunner of Switzerland won her New York debut, shattering the course record in the women's wheelchair race.

Persons: — Tamirat Tola, Geoffrey Mutai, ” Tola, “, I’m, Tola, Jemal, Albert Korir, Obiri, ” Obiri, Letesenbet, Sharon Lokedi, Gidey, Lokedi, She's, Ingrid Kristiansen, Margaret Okayo, Kellyn Taylor, Molly, ” Taylor, Brigid Kosgei, Marcel Hug, ” Hug, Tatyana McFadden, Kurt Fearnley, Catherine Debrunner of, American Susannah Scaroni, ”, Debrunner, PARIS Daniel Romanchuk, Aaron Pike, Scaroni, McFadden, ___ Organizations: New York, Ethiopian, Central Park, Boston Marathon, New, PARIS, Games Locations: New York City, Central Park, New York, It’s, Manhattan, Kenya, Ethiopia, Central, Taylor, Swiss, American

☆ New York City Marathon: Start time, route and everything you need to know
▼ + stars: | 2023-11-04 | by ( Manav Tanneeru | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —More than 50,000 runners are set to descend on New York City on Sunday, transforming the city simultaneously into a stadium, carnival and an immense endurance test. Runners will take in all five boroughs of New York City on the 26.2 mile route. Complete coverage of the event is also available on the New York City Marathon’s app which can be downloaded here, and a full list of international broadcasters can be viewed here. Runners cross the Queensboro Bridge as they compete in the 2022 New York City Marathon. Meanwhile, Letesenbet Gidey is making her New York Marathon debut after she recorded the fastest ever women’s marathon debut last year.

Persons: Evans Chebet, “, Bill Rodgers, ”, Geoffrey Kamworor, Mosinet Geremew, Edward Cheserek, Yuki Iwamura, Peres Jepchirchir, Brigid Kosgei, Hellen Obiri, Letesenbet, Miller, Tony, Zdeno Chara, Steve Mesler Organizations: CNN, Central Park, ESPN2, ESPN3, New, Boston Marathon, Boston, NCAA, York City, Getty, New York Marathon, Former NHL, Olympic, Professional Wheelchair Locations: New York City, Staten Island, Brooklyn, Manhattan, Bronx, Harlem, Williamsburg, East Harlem, New York, York, AFP, Rwanda

Here are the meanings of the 10 hardest words that have also been used in New York Times articles. Working with future Confederate Gen. Edward Porter Alexander, Myer developed the Army’s “wigwag” flag system. (June 24, 2019)10. atilt — askew:Think compression tops patterned à la one-shouldered tanks and sweatpants chopped up and wrapped into lappa-like long shorts. And the star of the Liberian flag strategically placed throughout, though slightly atilt, as though being blown sideways in a sprinter’s wake. — Clean Energy, Cherished Waters and a Sacred California Rock Caught in the Middle (Oct. 24, 2023)The list of the week’s easiest words:

Persons: callaloo, bok choy, Rose Nzada, Ned Rorem, wigwag —, Edward Porter Alexander, Myer, libidinal, efflorescence, John Turturro, venule, —, tailcoat, They’re, cloaca, atilt — askew, — Telfar Clemens, Waters Organizations: New York Times, Community, Confederate, Liberian, Clean Energy Locations: New, West, Cameroon, Bronx, Central, Northern, Southern California, Gaviota, California

☆ Son burn: Donald Trump Jr. learns on the stand that AG wants even more fraud penalties thanks to his $60M golf-course sale
▼ + stars: | 2023-11-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Donald Trump, Jr., completed two days of testimony in the Trump civil fraud trial in New York. AdvertisementAdvertisementNew York officials want even higher penalties from Donald Trump than the $250 million they've already said they're seeking, it was revealed during testimony Thursday by Donald Trump, Jr. It was signed by Donald Trump Jr., president of Trump Ferry Point LLC, which held the lease. There was another flurry of objections, cut short when Donald Trump, Jr. cheerfully mooted the dispute by cracking, "I didn't make any." AdvertisementAdvertisementThe AG's office has said it will ask for a total of at least $250 million in total "disgorgement" from her lawsuit's defendants: Donald Trump, Donald Trump, Jr., Eric Trump, and longtime Trump Organization executives Allen Weisselberg and Jeffrey McConney.

Persons: Donald Trump , Jr, Eric Trump, —, Donald Trump, Trump, Colleen Faherty, Letitia James, Donald Trump Jr, I'm, Faherty, It's, James, Christopher Kise, Arthur Engoron, Allen Weisselberg, Jeffrey McConney Organizations: Service, Trump, New, longtime Trump Organization, Post, Trump International Hotel Locations: New York, Bronx, York, Manhattan, Trump Ferry, Washington ,

☆ TJMaxx is quietly closing stores in New York and Chicago. Here are the confirmed locations.
▼ + stars: | 2023-11-02 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

TJ Maxx is closing two stores in New York and Chicago. Marshalls is closing a store in New York. The closures come as parent company TJX reassesses its real estate strategies. AdvertisementAdvertisementTJX, the parent company of TJ Maxx, Marshalls, and HomeGoods brands, is closing stores in Brooklyn, the Bronx, and Chicago. On Tuesday, Block Club Chicago reported that a TJ Maxx store in the South Loop neighborhood of Chicago would close on January 6th.

Persons: TJ Maxx, —, TJX, TJ, John Joseph Klinger Organizations: Marshalls, Service, TJX Companies, Bronx News, Bronx ., Block Club Chicago, TJ Maxx, Fulton Locations: New York, Chicago, Brooklyn, Bronx, Canal St, Chicago , Illinois, , Brooklyn , New York, Bronx , New York

☆ A Record 119,300 New York City Students Were Homeless Last Year
▼ + stars: | 2023-11-01 | by ( Troy Closson | More About Troy Closson | ) www.nytimes.com time to read: +1 min

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

☆ See photos of the last prison ship still operating in the US. The 5-story vessel is slated to close this week.
▼ + stars: | 2023-10-31 | by ( Associated Press | Haley Tenore | ) www.businessinsider.com time to read: +9 min

America's last functional prison ship, New York's Vernon C. Bain Correctional Center, is closing. The Vernon C. Bain Correctional Center was originally meant to solve overcrowding at Rikers Island. Vernon C. Bain currently houses 500 incarcerated people, though it has 800 beds. Inmates can be seen playing basketball on the Vernon C. Bain court. It's unclear what the future for the Vernon C. Bain Correctional Center is after inmates are all transferred out.

Persons: New York's Vernon C, —, Kenneth Williams, Williams, Vernon C, Seth Wenig, United States —, Bain, Gregory Acevedo, Stephan Khadu, Darren Mack, Gary Hershorn, who've, David Dee Delgado, Edward Koch, Khadu, Joseph B, Frederick, Lezandre Khadu, Stephan Khadu's, Rudy Giuliani, David Howells, Corbis, Latima Johnson, Johnson Organizations: Bain Correctional Center, Service, New York City's, Bain Correctional, AP, Department of Correction, Bain, New, New York, Getty Images Locations: New York's, Brooklyn, New, Bronx, United States, New York, Rikers, New York City, California, South Bronx, —

☆ A Meteoric Career, Cut Short, Still Burns Bright
▼ + stars: | 2023-10-31 | by ( Travis Diehl | ) www.nytimes.com time to read: +1 min

A heavy irony hangs over Michael Richards’s work: The artist known for images of pilots, airplanes, wings and targets died, age 38, in the Sept. 11 attacks. He had spent the night in his studio on the 92nd floor of the World Trade Center’s north tower. But it’s likely that, had he lived, we would still be discussing Richards’s sculpture. In his handful of active years, he was beloved by curators and peers, and found consistent institutional support. Dread Scott, an artist and friend of Richards’s, recalled their conversations ranging over “W.E.B.

Persons: Michael Richards’s, Nari, Kerry James Marshall, Dread Scott, Richards’s, Du Bois, Wu Tang Clan, Richards, Rodney King Organizations: Trade, Bronx Museum, Arts, Jan Locations: Nari Ward, Brazil

That’s very different than how Google defines Flatbush:Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readers Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readersLet’s look closely at Brooklyn’s Prospect Heights, which has mostly sharp edges and one very blurry one:Sharp prospect heights Sharp blurry Sharp Prospect Park Sharp prospect heights Sharp blurry Sharp Prospect Park Crown heights Prospect Park Crown heights Prospect Park prospect heights ? Crown heights Prospect Park prospect heights ? Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 80% 60 Black 40 White 20 2000 2022 80% Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 60 Black 40 White 20 2000 2022 Source: Furman Center, N.Y.U. prospect heights Condo for sale crown heights Prospect Park prospect heights Condo for sale crown heights Prospect ParkStreetEasy lists the unit as being in Crown Heights. A local grocery store on Classon Avenue — two blocks east of Washington,prospect heights Key Food Prospect Heights crown heights Prospect Park prospect heights crown heights Key Food Prospect Heights Prospect Parkused to be called Gala Fresh Farms.

Persons: Van, Obeid, ”, It’s, who’s, New, Casey Berkovitz, Mr, ’ you’re, ‘, Yemen ’, ” Mr, ” Long, Robert Moses ’ Brooklyn, Red, “, ” Colson Whitehead, Readers, Fort Greene, Tubby, ., Red Hook, Hook, Whitehead, we’ll, Douglas Elliman, ” “, streeteasy, Xavier Santiago, it’s, Suleiman Osman, Rambo, Ross Perlin, Perlin, Sures, Yemen hasn’t Organizations: Kennedy, Google, Bronx Zoo, East Harlem —, Carnegie, Brooklyn, New York Times, Times, Richmond Hill, city’s, Department, Bronx . The Bronx Muslim, Bushwick :, Stuyvesant Bushwick, Powell, soho tribeca, New York Public, Queens Expressway, Yorkers, steinway, Queens, Navy, Waterfront District, Fort, Brooklyn - Queens, Yorker, Bushwick, Jersey Silver, Park New Jersey Silver, Prospect, White, Furman Center, Sterling, East, Manhattan’s, brooklyn South brooklyn South brooklyn South brooklyn, Liberty Loan, Carroll Gardens, “, brooklyn ”, Language Alliance, East Harlem, Washington Locations: New York City, Bronx, Morris, New York, Little Yemen, Manhattan, East, Sugar, Clinton, Rose, Richmond, Todt, Lenox, Forest, Cypress Hills, Murray, Yemen, “, Brooklyn, Bushwick, Bushwick : Bushwick Bedford, Stuyvesant Bushwick Bedford, Stuyvesant, Windsor Terrace, windsor, Green, kensington, Queens, Point, Flushing, Powell, Lower Manhattan, TriBeCa, SoHo, Houston, soho, Hudson, Lispenard, Queens Expressway Brooklyn, Astoria, Woodside, Jackson Heights, astoria, sunnyside Brooklyn, Dumbo, Columbia, Red Hook, williamsburg, columbia, carroll, Red, Fort Greene Park Brooklyn, Queens Expressway columbia, Williamsburg, greenpoint East, Queens Expressway williamsburg, greenpoint East River williamsburg Brooklyn, East Williamsburg, ”, BoCoCa, Hamilton Heights, Greenwood Heights, Hudson Heights, Lincoln, Bridges, Carnegie Hill, Manhattan Valley, SpaHa, Village, Bedford, Kingsbridge, Riverdale, Fort, Inwood, Inwood washington, chelsea, greenpoint tribeca williamsburg ridgewood kew, brooklyn, bushwick, Soho ridgewood kew, Sheepshead, Shore, Staten Island, Jersey, Park New Jersey, Flatbush, Prospect, Prospect Heights , Brooklyn, Heights , Brooklyn, Prospect Heights, Crown, Washington, Classon, Crown Heights, Side, East Harlem, harlem, Harlem, Central, streeteasy, carnegie, South Brooklyn, Carroll, Revolutionary, Boerum, Cobble, South Bronx, Spanish Harlem, South Harlem, Lower, Loíza, Puerto Rico, Language, Barrio, Puerto Rican, Hispaniola, Dominican, Washington Heights

On Thursday, Vinicius Funes, a 26-year-old migrant from Honduras, went in search of a bed. He had spent two nights waiting in a chair at New York City’s official arrival center for migrants at the Roosevelt Hotel in Midtown Manhattan. But it turned out to be a “reticketing” office, where the city buys migrants a one-way passage out of town. There were no beds there either, though, just a big waiting room. Mr. Funes spent the night on the floor.

Persons: Vinicius Funes, Funes, Roosevelt Organizations: New York, Roosevelt Locations: Honduras, New, Midtown Manhattan

Fullerton, Wilson and two other officers were charged in connection with 18-year-old Nicholas Feliciano's suicide attempt at the Rikers Island jail complex on Nov. 27, 2019. Prosecutors said jail guards were seen on surveillance video walking past Feliciano and taking no action for seven minutes and 51 seconds. An investigation report by the city Board of Correction later found that the officers believed Feliciano was faking a suicide attempt. David Rankin, a lawyer for Feliciano's family, said they are “gratified” that the two guards took responsibility in pleading guilty. The Correction Officers’ Benevolent Association has called the officers' indictments politically motivated and called on prosecutors to charge inmates who assault guards.

Persons: Daniel Fullerton, Mark Wilson, Wilson, Nicholas Feliciano's, Feliciano, Prosecutors, Wilson's, David Rankin, Fullerton Organizations: New, Daily News, Fullerton, of, Fullerton . Information, Correction Department, ’ Benevolent Locations: New York City, Rikers, Bronx

☆ AMC's CEO thought he was texting naughty photos to a former ballerina fling. Then everything went haywire.
▼ + stars: | 2023-10-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +11 min

This "resentment toward her abusers" may have led her to text Aron — a wealthy, powerful man in the public eye, her lawyers said. "Send me a naughty picture," Blackwood texted, a couple weeks into their flirty exchange. When he asked for photos in return, Blackwood sent him images of an unnamed Russian model that she pulled from Instagram. "Ceo scandal is apparently lucrative," Blackwood texted, posing as Brian. AdvertisementAdvertisement"I was shown some images and I was wondering if you're available to speak," the fake reporter texted Aron.

Persons: Adam Aron's, Mia, Aron, Sakoya Blackwood, Adam Aron, Matthew Belloni, Blackwood, She'd, Evander, —, Aron —, paramour, Koya Blackwood Fews, Lila Cohen, Brian, Blackwood texted, he'd, they'd, Brian —, He'd, Brian didn't, there's, he's, abt, Aron didn't, Blackwood didn't, texted Aron, hadn't, Jeff Bezos, Bezos, fiancée Lauren Sanchez —, Aron hasn't, hasn't, Taylor, unfazed, He's Organizations: of, United States, Court Southern District of, Hollywood, AMC, Evander Childs High School, —, Instagram, Arizona, National Enquirer, ppl, FBI, Twitter, Amazon Locations: Southern, of New York, Court Southern District of New York, Bronx, Jamaica, Russian, York City, California, Sinai, Aron

☆ Hedge fund billionaire Leon Cooperman: Students protesting Israel have ‘sh*t for brains’
▼ + stars: | 2023-10-27 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Hedge fund billionaire Leon Cooperman is blasting college students for protesting against Israel, joining a growing list of powerful university donors to speak out on the issue. “These kids in college have sh*t for brains,” Cooperman told CNN in a phone interview. Earlier this month, a Columbia University student who was hanging up posters in support of Israel was assaulted. Samantha Slater, a Columbia University spokesperson, declined to comment on whether the university plans to take disciplinary action against Massad. “Columbia is grateful to Mr. Cooperman for his years of generosity and service to Columbia Business School,” Slater said in a statement to CNN.

Persons: Leon Cooperman, ” Cooperman, “, “ It’s, I’m, ”, Cooperman, Israel, he’s, ” Joseph Massad, Samantha Slater, ” Slater, It’s, ’ they’re, CNN’s Reid Champlin Organizations: New, New York CNN —, Israel, CNN, Hamas, Fox Business, Columbia University, Ivy League, Columbia, Massad, Columbia Business School Locations: New York, Israel, United States, Bronx, Columbia, “, ”

☆ Americans ran up $105 billion in credit card interest last year alone
▼ + stars: | 2023-10-25 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Danielle Foskie is among a growing number of Americans who have stumbled into a credit card doom loop. She turrned to credit cards to get by, eventually racking up $60,000 in credit card debt. Americans were hit with $105 billion in credit card interest last year alone, according to the CFPB’s biennial consumer credit card report. As signs of consumer stress emerge, the credit card industry continues to perform well financially. The report also warned of an “apparent lack of competition” on credit card rates.

Persons: Danielle Foskie, I’ve, ” Foskie, She’s, Renee Barrett, ” Barrett, Barrett, “, ”, Rohit Chopra Organizations: New, New York CNN, CNN, Financial, “, New York Fed Locations: New York, Cleveland , Ohio, United States, Bronx, Covid

☆ City Island: A ‘Little Magical Wonderland’ in the Bronx
▼ + stars: | 2023-10-25 | by ( Aileen Jacobson | ) www.nytimes.com time to read: 1 min

When Wendy Yang Clark first arrived on City Island, a place she had never heard of, it was early-morning dark. A costume designer, she was there to work on the HBO series “Boardwalk Empire” in this narrow, 1.5-mile-long section of the Bronx. “Then the sun comes up,” Ms. Clark said of that life-changing moment a decade ago, “and I’m in this little magical wonderland.”A woman walked by with several children, all carrying beach paraphernalia. “I asked her, ‘Is there a beach on this island?’ and she said, ‘There’s a beach on almost every block.’”Ms. Clark, 41, who was born in Hong Kong, studied theater at New York University, graduating in 2003. After renting in several Manhattan, Brooklyn and Queens neighborhoods, she considered leaving New York, with its clutter and high prices, before she discovered City Island.

Persons: Wendy Yang Clark, ” Ms, Clark, ”, “, ‘ Organizations: HBO, New York University Locations: City, Hong Kong, Manhattan, Brooklyn, Queens, New York

☆ New York City Has a Bold Plan to Fix Its Housing Crisis. Will It Work?
▼ + stars: | 2023-10-25 | by ( Mihir Zaveri | More About Mihir Zaveri | ) www.nytimes.com time to read: +1 min

Upgrading basements and building up bodegas. The plan is a combination of different strategies. One component would also make it easier to build smaller apartments, like for single-room occupancy, that could be relatively cheap to rent. Other parts of the plan would apply only in less crowded areas outside of Manhattan, where a hodgepodge of zoning rules often prevent the development of anything other than single- or two-family homes. These changes, which could also increase the supply of lower-cost homes, include:● Allowing the construction of two- to four-stories of apartments above laundromats, shops and other businesses along certain commercial strips;● Allowing the construction of modest apartment buildings on big lots near subway, bus and other transit stations;

Locations: Manhattan, Brooklyn, Bronx, Queens

☆ Billionaire investor Leon Cooperman warns of sticky inflation and looming recession - and flags the threat of financial disaster
▼ + stars: | 2023-10-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Leon Cooperman warned of sticky inflation, higher interest rates, and a potential recession. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementShort-sighted officials have paved the way for stubborn inflation, steeper interest rates, and a full-blown recession, Leon Cooperman told Insider in an interview this week. As prices continue to jump, Cooperman suggested interest rates — which the Fed has raised from virtually zero to above 5% during the last 18 months — could rise further.

Persons: Leon Cooperman, Cooperman, —, Goldman Sachs, that's, frugally, We've Organizations: Service, Reserve, Omega Advisors, Yankee, Hyundai, Treasury Locations: Bronx, Washington

☆ New York unveils statue commemorating alligator sewer myth
▼ + stars: | 2023-10-22 | by ( Zoe Sottile | ) edition.cnn.com time to read: +2 min

CNN —New York City has unveiled a sculpture paying homage to one of the city’s most enduring myths: Alligators lurking in the sewers. The sculpture shows a life-size gator wrapped around a New York City manhole cover, according to a news release from the Union Square Partnership. Designed by Swedish artist Alexander Klingspor, the bronze statue is on display at Union Square Park in Manhattan. Fittingly, the sculpture is entitled “N.Y.C Legend.” The piece will be on display until June 2024, according to the Union Square Partnership. The artwork was created in partnership with New York City Department of Parks and Recreation and Union Square Partnership, and funded by Swedish Mollbrinks Gallery, according to the news release.

Persons: Alexander Klingspor, ” Organizations: CNN, New, Union Square, Union Square Partnership, New York City Department of Parks and Recreation, Square Partnership, Swedish, Big Apple, gator, Bronx Zoo, The New York Times Locations: New York, Swedish, Manhattan, NYC, Harlem

NEW YORK (AP) — A shooter who ambushed New York City police twice in 12 hours, wounding two officers, has been sentenced to 23 years to life in prison. I wasn't trying to kill nobody," Williams said, asserting that police had beaten and used a stun gun on him in the past. Prosecutors have said Williams told investigators after his arrest that he was “tired” of police. Political Cartoons View All 1211 Images"Your actions are inexcusable," the judge told Williams on Friday. Someone who I’ve never met once in my life, someone who knows nothing about me," he said, and told Williams: “I hope you wake up miserable every single day.”

Persons: Robert Williams, “, Williams, Ralph Fabrizio, Paul Stroffolino, Jose Gautreaux, Stroffolino, Brian Hanlon, ” Hanlon, I’ve, ” Organizations: New, New York City, Prosecutors, Bronx police Locations: New York, Bronx

☆ Think Your City Mouse Has an Attitude? These Scientists Want to Find Out.
▼ + stars: | 2023-10-21 | by ( Brittany Loggins | ) www.nytimes.com time to read: +1 min

Anna Colliton has lived in her apartment in Pelham Parkway in the Bronx for five years, but she suspects the mice have been there far longer. They also seem to have an unusual favorite food: the spare packets of ketchup she keeps alongside takeout menus in a kitchen drawer. Mice are commonly used in medical research because of their physiological and genetic similarities to humans. But their evolutionary changes can also be observed over a relatively short period, making them an ideal subject for research into how wild animals adapt to, say, urbanization. The Drexel researchers are studying the effects of urban environments on the evolution of house mice in New York, Philadelphia and Richmond, Va.: relatively old cities, where time and development may have caused differences to accumulate between the mice in each city and those in surrounding areas.

Persons: Anna Colliton, ”, Colliton Organizations: Drexel University, Drexel Locations: Pelham, Bronx, New York, Philadelphia, Richmond, Va

☆ Billionaire investor Leon Cooperman says the S&P 500 won't hit a new high for years – and house prices will probably fall
▼ + stars: | 2023-10-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The billionaire investor said he didn't expect the S&P 500 to hit a fresh high for a long time. Cooperman said a "rolling correction" was underway and house prices were likely to drop. AdvertisementAdvertisementLeon Cooperman said stocks were overpriced, and the S&P 500 wouldn't notch a fresh high for a very long time. AdvertisementAdvertisementA handful of Big Tech names, including Tesla, Nvidia, and Microsoft, have pulled the major indexes higher this year, but excluding the so-called Magnificent Seven, stocks are virtually flat. He said in February that the S&P 500 was likely to bottom around 3,100 points, or 35% below its January 2022 peak.

Persons: Leon Cooperman, Cooperman, —, Jeremy Grantham, John Hussman, Goldman Sachs, Tesla Organizations: Service, Omega Advisors, Big Tech, Nvidia, Microsoft, Wall, Finance, Philanthropy Locations: Bronx

☆ Smaller Classes? At Elite Schools, Some Parents Say ‘No Thanks.’
▼ + stars: | 2023-10-18 | by ( Troy Closson | More About Troy Closson | ) www.nytimes.com time to read: +1 min

When lawmakers forced New York City last year to reduce public school class sizes, many parents celebrated a long-awaited victory. At New York’s high schools, classrooms would shrink to 25 students over the next several years, down from 34, coming close to class sizes in some suburban districts. But what would typically be a major selling point for a school system has transformed into an emerging battle. A growing number of families who want their children to attend the city’s most selective institutions, including its coveted crown jewels like Stuyvesant and Bronx Science, worry their odds could decrease at popular schools with packed classes and little extra space. The anxieties reflect perennial fights over elite school admissions, one of the most fraught issues in New York’s school system, the nation’s largest.

Organizations: New, New York City, Bronx Science Locations: New York, Stuyvesant, New

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