Author: newyork-news

Rev. Al Sharpton talking to reporters exterior of Gov. Kathy Hochul’s workplace on Tuesday, Feb. 18, 2025. Photograph by Lloyd Mitchell For anybody involved about affordability in New York Metropolis, latest coverage shifts in Washington – and now proper right here at Metropolis Corridor – ought to sound a screaming alarm that making ends meet within the 5 boroughs is about to get a lot, a lot tougher for a lot of. That’s as a result of whilst inflation squeezes households and federal security nets are slashed, the Metropolis Council has handed a invoice that might elevate the price of…

A giant improve within the tax on college endowments is including to monetary uncertainty for the wealthiest schools within the U.S., main a number of already to put off workers or implement hiring freezes. Spending extra endowment cash on taxes might additionally lead schools to scale back monetary help, reducing off entry to elite establishments for lower-income college students, schools and trade consultants have warned. President Donald Trump signed the tax improve into legislation final month as a part of his signature spending invoice. The brand new tax charges take impact in 2026, however schools akin to Harvard, Yale and Stanford…