Fed cuts bond buying in first step away from historic stimulus

By Jonathan Spicer and Jason Lange WASHINGTON (Reuters) – The Federal Reserve on Wednesday embarked on the risky task of winding down the era of easy money, saying the U.S. economy was finally strong enough for it to start

by · December 19, 2013 · Uncategorized

Senator Klein speaks at an event commemorating the Sandy Hook shooting

NEW YORK, NY – Senator Klein, joined by Leah Barrett of New Yorkers Against Gun Violence, Assemblywoman Michelle Schimel and anti-gun violence activists, speaks at an event Thursday, commemorating the one year anniversary of the tragic Sandy Hook shootings. Last week, Senator […]

by · December 19, 2013 · Local News

Senator Klein greets Santa!

Santa meets the children Senator Klein wishing Santa, and the neighborhood chi!ldren the happiest of Holiday’s Senator Jeffery Klein & Assemblyman Mark Gjonaj

by · December 19, 2013 · Local News

Viverito Declares Victory In Council Speaker’s Race!

As reported by Erin Durkin In the NY Daily news Melissa Mark-Viverito Declares Victory In Council Speaker’s Race! Bronx Chronicle commentary Even though the actual vote for speaker will take place on January 8, Melissa Mark- Viverito has claimed victory in […]

by · December 18, 2013 · Domestic News, Local News

Senate Co-Leader Jeff Klein Launches “Affordable NY”

Senate Co-Leader Jeff Klein Launches IDC’s 2014 Agenda – “Affordable NY” IDC Introduces Innovative Programs Like Family Leave Insurance for Working Mothers and Fathers and Launches Mitchell Llama 2020; Agenda Re-Focuses State Resources on Working Families #AffordableNY   BRONX, NY – […]

by · December 18, 2013 · Business, Local News

Buildings NY Register Now For Free

by · December 18, 2013 · Bulletin Board, Business

NYPD Crime Prevention Tip – Money Card Scam

People are losing thousands of dollars in a phone scam involving Green Dot MoneyPak cards. NYPD Crime Prevention Tip – Money Card Scam Here is how the Scam works: After receiving a call from someone who claims to be collecting […]

by · December 18, 2013 · Local News

East Bronx History Forum

Tonight at The Huntington Library, 9 Westchester Square at 7:30pm

by · December 18, 2013 · Bulletin Board

Senator Klein Hosts Annual Bronx Christmas Tree Lightings

**WEDNESDAY** ‘Tis the Season: Senator Klein Hosts Annual Bronx Christmas Tree Lightings Celebration featuring caroling, cocoa and Christmas treats to follow **PHOTO/VIDEO OPPORTUNITY** WHO: State Senator Jeff Klein (D-Bronx/Westchester) Assemblyman Mark Gjonaj (D-Bronx) Students from P.S. 83 and P.S. 105 […]

by · December 18, 2013 · Bulletin Board

Want to Save? Try High Yield Dividends ETF’S

By Chris Taylor NEW YORK (Reuters) – There are investors who couldn’t care less about dividends, and there are those who love them with an unbridled passion. Count Steve Weiss among the latter. The New York City public-relations rep first […]

by · December 17, 2013 · Business, Features

Americans aren’t saving enough to retire

By Allison Schrager (Reuters) – Americans aren’t saving enough to retire. This gap poses a problem for everyone, not just people who will face near-poverty when they can’t work anymore. Does that merit forcing people to save more? Retirement in […]

by · December 17, 2013 · Business, Domestic News, Local News

U.S. manufacturing output rose for a fourth straight month

By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing output rose for a fourth straight month in November as production increased almost across the board, the latest suggestion the economy is gaining steam. Production at the nation’s factories advanced 0.6 percent […]

by · December 17, 2013 · Business, Domestic News

New York State’s manufacturing sector rebounded slightly in December

NEW YORK (Reuters) – New York state’s manufacturing sector rebounded slightly in December from its weakest level in six months while the region’s business outlook stayed relatively upbeat, a report from the New York Federal Reserve released on Monday showed. […]

by · December 17, 2013 · Business, Domestic News, Local News

Market volatility spurred by the U.S. Federal Reserve’s plans to scale back its massive stimulus program is far less of a concern now

By Louise Egan and Randall Palmer (Reuters) – Market volatility spurred by the U.S. Federal Reserve’s plans to scale back its massive stimulus program is far less of a concern now than it was

by · December 17, 2013 · Business, World News
Justice Department Is Preparing To File Civil Fraud Charges Against Citigroup Inc and Bank of America’s Merrill Lynch

Justice Department Is Preparing To File Civil Fraud Charges Against Citigroup Inc and Bank of America’s Merrill Lynch

By Aruna Viswanatha and Emily Flitter (Reuters) – The Justice Department is preparing to file civil fraud charges against Citigroup Inc and Bank of America’s Merrill Lynch unit over their sale of flawed mortgage securities ahead of the financial crisis, […]

by · December 17, 2013 · Business, Uncategorized, World News