Carney became the governor of the Bank of Canada in 2008 and is widely credited with successfully steering the country through the financial crisis. Peter Summers/Reuters Mark Carney is taking his first job since leaving the top post at the Bank of England earlier this year, returning to the private …
Read More »CityWatch: Poor, dense neighborhoods in New York’s outer boroughs have highest rate of COVID-19 deaths, ZIP Code data shows
Neighborhoods in southeast Queens as well as Brooklyn have the highest death rates from COVID-19 in the city, according to data New York City’s health department made public for the first time on Monday afternoon. The deaths by ZIP Code offer a new window into how the coronavirus has ripped …
Read More »CityWatch: New York’s reopening of businesses will be gradual and timing will vary across the state
New York City, unlike Georgia, Colorado or even other parts of New York state, will likely see stay-at-home orders continue as is through most if not all of May, lawmakers indicated on Monday. “We’re clearly not going to be all recovered by June 1,” said Mayor Bill de Blasio at …
Read More »CityWatch: Despite stimulus bills, New York’s small businesses face huge challenges
The $ 484 billion stimulus bill the U.S. House of Representatives is expected to pass this week will help infuse some of New York City’s small businesses with much-needed cash, but could leave out hundreds—if not thousands—of the city’s smallest enterprises, advocates said. “It’s starting to feel pretty desperate,” said …
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