On July 19th, The S&P 500 fell as much as 2 percent and was on pace for its worst drop since mid-May. The Stoxx Europe 600 dropped 2.3 percent, its worst decline this year. In Hong Kong and Japan major indexes had ended the day with a loss of more than 1 percent. In a […]
Outdoor Dining Extended in New York
New York Governor Andrew Cuomo signed legislation that will allow restaurants to utilize municipal spaces such as sidewalks and streets for outdoor dining. First permitted under an executive order, this law allows restaurants to continue using these public spaces for another year as they recover from the economic devastation brought by the Covid-19 pandemic. Restaurant […]
Putting People Back to Work
For the nation to fully recover from the Covid-19 pandemic we need to get more people back to work. In June 2021 there were fewer than 7 million people holding jobs then there were in February 2020, the last month before the pandemic. We are starting to see wages tick up, which is one key […]
New York City Prepares to Honor Covid-19 Heroes
Mayor Bill de Blasio announced that on July 7th New York City will host a ticker tape parade to honor the city’s COVID-19 heroes, the front-line workers who played a large role in the fight against Covid-19. The parade will tale place along the Canyon of Heroes down Broadway in Lower Manhattan. “We’re going to […]
New York State Passes Much Needed Legislation for the Trucking Industry
As New York, and the country at large looks to rebound from the economic fallout of the Covid-19 pandemic we are seeing a massive shift in worker and consumer behavior. Workers, especially younger workers are comfortable with the work from anywhere model and do not want to return to an office five days a week. […]