Activity
NJ Transit Raises Round-Trip Ticket Price to $150 for World Cup at MetLife
Fans traveling to the 2026 World Cup at MetLife Stadium will face a $150 round-trip fare from New York City. Officials defend the hike as necessary for transportation costs, amid criticism from FIFA and local officials.
NY Governor Hochul Faces Backlash Over Police-ICE Collaboration Proposal
Governor Hochul's proposal to enable police and ICE collaboration has faced strong opposition from immigrant groups, who fear discrimination and mistrust. The legislation is part of the state's budget and reflects broader tensions over immigration enforcement policies.
NY Governor Hochul Opposes Wealth Tax Increase Despite Support for Pied-à-Terre Levy
Governor Hochul is resisting efforts to raise taxes on New York's wealthy, even with support from the city mayor for a proposed tax on multimillion-dollar pied-à-terres. This position highlights the ongoing debate over tax policy amidst pressure from activists and city officials.
New York Governor Hochul Proposes $500M Tax on $5M+ Second Homes
Governor Hochul has proposed a new tax on high-value second homes in New York City to help close a $2.2 billion budget gap. The plan targets homes valued above $5 million and could raise about $500 million annually.
Major Developments in Trump Tariffs Refunds After Supreme Court Ruling
A Supreme Court ruling has mandated refunds for tariffs applied during Trump's presidency, impacting over 1,800 companies. Major corporations like FedEx are now obligated to return tariffs deemed illegal, with further legal and economic implications expected.
U.S. Government Pays $1 Billion to TotalEnergies to Cancel Offshore Wind Leases
The U.S. government is compensating TotalEnergies nearly $1 billion to cancel offshore wind leases off New York and North Carolina. This move shifts energy investment focus from renewables to fossil fuels, sparking debate on future energy policy.
NY Governor Kathy Hochul Seeks to Delay Climate Goals, Urges Wealthy to Return
New York Governor Kathy Hochul aims to postpone parts of the state's emission reduction targets and requests wealthy taxpayers who left to return. These moves address the state's population losses amid debates over economic and environmental policies.
American Express Plans New 55-Floor Headquarters at WTC Site in NYC
American Express will develop a new 55-floor headquarters at the World Trade Center in NYC, nearly 25 years after the 9/11 attacks. This marks a major step in the company's expansion and the ongoing reconstruction of the WTC site.
NY Governor Hochul Cancels Robotaxi Expansion Plans Outside NYC
New York Governor Kathy Hochul has withdrawn plans to expand robotaxi services outside NYC, citing safety and regulatory concerns. The move marks a cautious step in autonomous vehicle deployment, affecting future industry strategies.