In his speech last Tuesday, Governor Andrew Cuomo of New York, along with Vermont Senator Bernie Sanders, revealed a proposal for free tuition fee in college for families with less than $125,000 of income. Know the details here.
Forty millionaires in New York have recently requested the governor to raise their taxes. This is a surprising move for the wealthy who are known for their overprotectiveness when it comes to their riches.
Five New York City firefighters together with their families were recently awarded by the jury $183 million following a trial that stemmed from an apartment building fire in 2005 in a day that became infamously called “Black Sunday.”
Citibank, a unit of Citigroup Inc, has reached an agreement with New York Attorney General Eric Schneiderman to change its screening processes for checking and savings accounts to be more forgiving of customers' histories.
A court ruling that sharply curtailed the ability of prosecutors including Manhattan U.S. Attorney Preet Bharara to pursue insider trading cases is increasingly testing regulators' abilities across the country.
New York's attorney general is investigating six of the top U.S. banks over reports that they are unfairly using databases to disqualify people seeking to open checking or savings accounts, the New York Times reported on Thursday, citing people briefed on the matter.