L&L Holding Company, Maefield Development Corp. and Fortress Investment Group have revealed plans for a $2.5 billion redevelopment of 1568 Broadway in Times Square. The project is suspected to have a major effect on the area, which already has some of the highest foot-traffic in the planet, bringing numerous industry giants from the digital economy…
Baruch College’s students and clubs have been denied use of the Wasserman Trading Floor during the past year. Instead, the space has been rented out to outside organizations. The floor is normally used by Baruch’s Investment Management Group, as well as by students from the Zicklin School of Business. But since last semester, IMG has…
Leaders from 20 of the world’s most powerful economies converged in Buenos Aires between Nov. 30 and Dec. 1 for the annual G20 summit to discuss topics in international finance, politics and economics. While the official agenda of the summit focused on three main subjects — the future of work, infrastructure for development and a…
This year’s midterm elections have led to a continued Republican-controlled Senate, while the Democrats gained control of the House of Representatives. With the nation’s current political climate, this win was much needed for Democrats to gain back some control and make a difference in policies and reforms. Alexandria Ocasio-Cortez’s unexpected victory against Joe Crowley, the…
In a world that is becoming more complex when dealing with financial products and services, understanding how to properly use money is a skill needed now more than ever. However, people were rarely taught this skill adequately, and unfortunately, this is no surprise. “The U.S. lags more than a dozen developed nations in terms of…
After a turbulent October, investors were hoping for relief from the sharp trade sell-off as the slow holiday season approaches. There was some initial relief at the beginning of November as markets rebounded, but that turned out to be a dead cat bounce when markets started selling off again as crude oil prices started plunging….
Popular e-commerce giant Amazon is planning to build a home for its innovations in Queens. The company wants to build a second headquarters in Long Island City, which is causing both lifted spirits and heartaches for residents. According to a CNBC article, it would seem ideal for Amazon to choose Long Island City, an area…
In the present technological era, the human process of being, in terms of industrialization, has ended and the process of becoming digitalized has begun and is accelerating faster than ever. The global expansion of the web has flattened the world and made people more connected than before. This past February, the Philadelphia Eagles beat the…
The New York City Council proposed a bill aimed at protecting small businesses, which will create a commercial rent control. A common problem many small business owners have is being faced with extreme rent hikes following the expiration of their leases, often forcing them out of business. This policy is the city’s response to soaring…
October was a turbulent month as the stock market faced major headwinds that brought down all three major indices for a second time this year. The S&P 500 fell close to 10 percent correction territory at -9.25 percent before closing the month at -7.23 percent. Though some components of the Dow Jones Industrial Average, such…
