Andrew Cuomo

Perfect Example Of Why Job Losses From Minimum-Wage-Hikes Are Being Underestimated, 'Bigly'

Over the past several months, we've highlighted a number of economic studies analyzing the potential negative impact, in terms of job losses, that may be expected to result from the state-mandated minimum wage hikes that are currently being implemented around the country...that said, here are a couple of examples of why the issue may be much larger than anyone expects.

New Study In D.C. Finds That New $15 Minimum Wage Could Cost 1,200 Jobs

"This study proves what we’ve known all along: this dramatic D.C. wage hike will hurt the most vulnerable in the District, costing them jobs and important economic opportunities.  D.C. must focus on creating more good-paying jobs for workers that need them the most and it’s clear an artificial minimum wage increase is the wrong approach to achieving this goal."

Blizzard Bust: New York City Cancels Warning

The National Weather Service has cancelled its blizzard warning for New York City as the bulk of the storm has shifted West. Nonetheless, snow and sleet continued to fall across the Tri-State area although in less dramatic amounts.

When It Comes To Wall Street, Preet Bharara Is No Hero

The prominent U.S. attorney fired by Donald Trump this weekend has been justly acclaimed for his pursuit of political corruption. But his treatment of the Wall Street executives involved in the financial meltdown was far less confrontational.

50 Million Americans Brace For "Crippling Blizzard" In Northeast

A major Nor'easter threatens to shut down travel due to heavy snow and strong winds from Washington, D.C., to New York City and Boston early this week, as weather forecasters on Sunday put the U.S. East Coast on a blizzard watch, warning some 50 million people of potential snowfall from 12 to 18 inches, coupled with wind blasts in some areas from Monday night into Wednesday.

Frontrunning: March 3

  • Investors Await Yellen Speech for Clues on Fed’s Next Move (WSJ)
  • Russian Ambassador Avid D.C. Networker (WSJ)
  • Pence Used Private Email for Public Business as Indiana Governor (BBG)
  • Hedge Fund Titans Face What Comes Next as They Pass Certain Age (BBG)
  • Japan returns to inflation for first time since 2015 (FT)

Minimum Wage Protesters Call For "Day Of Disruption" In 340 US Cities

In what may be an early crisis test for the president-elect, on November 29, the nationwide campaign to increase the federal minimum wage in the United States has calling for a "Day of Disruption", namely strikes and civil disobedience, on November 29 in the latest push to raise the minimum wage in the US to $15.

New York Governor Unveils Hate-Crime Unit, Plans Taxpayer-Funded Defense Of Criminal Illegal Immigrants

It seems that even the Governor of the great state of New York is incapable of discerning 'real' from 'fake' news when it doesn't fit his narrative. Proclaiming that "if there is a move to deport immigrants then I say start with me," Andrew Cuomo appears to have missed Trump's proposal focused on ridding America of 'criminal illegal immigrants' and plans "to provide immigrants who can't afford their own defense the legal assistance they need.. because in New York, we believe in justice for all."