Commerce

After seeing comments in social media by Department of Transportation Secretary Nominee Pete Buttigieg, Syracuse Mayor Ben Walsh reached out this week to the former mayor of South Bend, In., about the Interstate 81 project. You can read the Mayor’s

BY BRENT ORELL Last week, the Department of Labor released the final employment report of the Trump administration, and the news there, much like all the news these days, was not good. For months, I’ve written that the key to getting the economy

BY E.J. McMAHON New York could be on the way to its first population decline in any decade since the 1970s, according to the latest estimates from the U.S. Census Bureau. The Empire State’s July 1, 2020 population of 19,336,776 was down

BY ANGELA RACHIDI Congress responded to the arrival of the pandemic on US soil in spring 2020 by passing sweeping economic relief measures, including policies directed toward supporting the needs of families. The Families First Coronavirus Response Act guaranteed paid time off

BY EDWARD PINTO AND TOBIAS PETER Key takeaways: Purchase rate lock volume remains strongly above last year’s. For the last couple weeks, volume has consistently been about 30%-80% higher. Driven by ultra-low mortgage rates and a limited supply, national HPA

BY TOBIAS PETER The COVID-19 pandemic has revealed a distressing fact in the housing world: Federal home loan policies that promote risky lending in the name of providing “responsible, affordable mortgage credit access” for minority households are setting up minority

BY E.J. McMAHON Still struggling to recover from spring pandemic shutdowns, now facing the threat of renewed restrictions due to a second wave of COVID infections, the last thing New York’s economy needs is a state-mandated disincentive to put people back to

Sources close to Mayor Byron Brown tell The Chronicle that he is working to relocate the Greyhound Bus Station on North Division Street and to co-locate it at the City’s new Amtrak Station, which opened earlier this month on Exchange Street.  The

BY BRONWYN HOWELL Since the US and other governments have effectively banned the use of Chinese (read Huawei, but also ZTE) equipment from future mobile communications networks, support for open radio access network (O-RAN) architecture has risen dramatically. The Federal Communications Commission

BY ANGELA RACHIDI The American Enterprise Institute commissioned NORC at the University of Chicago to field a survey of 3,518 working-age adults in late July 2020 to learn more about the employment situation of US households and the reach of the social

BY BRETT SWANSON Every couple years, we update our original 2014 blog post that asked the question, “What would an iPhone have cost in 1991?” The purpose is to measure — at least in a rough way — the progress

Progressive activists have been insisting that the presumptive President-elect Joe Biden commits to using the Defense Production Act to ramp up production of solar roofing systems and to publicly guarantee that every home in America will be provided a government

The presumptive President-elect Joe Biden has already fielded phone calls from both former Mayor Mike Bloomberg and Senator Elizabeth Warren. Each politician made themselves available to serve as Treasury Secretary in the administration, though Warren is seen as the more

BY MATT WEIDINGER According to today’s jobs report from the US Department of Labor, the US unemployment rate in October fell to 6.9 percent, down from 7.9 percent in September. As the chart below shows, that progress continues to be

BY JAMES PETHOKOUKIS What would the world look like today if it were nuclear-powered? That is the intriguing “what if” scenario explored by The Economist last summer. From the piece: In 1985 the Bhabha Atomic Research Centre (BARC) in Mumbai

A source inside the administration of Byron W. Brown is telling The Chronicle that — if federal stimulus funding for state and municipal governments isn’t made available before the end of the year — that he intends to market the

BY JAMES PETHOKOUKIS I’m always up for a good story about the now-defunct Soviet Union, and I sure like this one from the new book More: A History of the World Economy from the Iron Age to the Information Age by Philip

BY ANGELA RACHIDI While the academic and political case for paid leave advanced considerably in recent years, questions remain regarding how a national paid leave program would affect low-wage workers. Research shows that many existing paid leave programs in the