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Federal Reserve

Here's How 2024 Q3 Housing Market In Putnam Compared To Hudson Valley Counties: Report Here's How 2024 Q3 Housing Market In Putnam Compared To Hudson Valley Counties: Report
Here's How 2024 Q3 Housing Market In Putnam Compared To Hudson Valley Counties: Report Although those shopping for a home in the Hudson Valley finally have more inventory to choose from, this has not decreased prices, according to a new report.  According to the Houlihan Lawrence Westchester-Putnam Dutchess Q3 Market Report released on Tuesday, Oct. 8, real estate markets in the three counties are experiencing an increase in available listings, the first major shift in more than three years.  This follows an extended period of reduced inventory as a result of high demand, the report said. According to the report, listings in Westchester increased by an average…
COVID-19: NYC Public Schools Close Until At Least April 20; Fed Cuts Interest Rate To Near Zero COVID-19: NYC Public Schools Close Until At Least April 20; Fed Cuts Interest Rate To Near Zero
Covid-19: NYC Public Schools Close Until At Least April 20; Fed Cuts Interest Rate To Near Zero New York City's public school system, the largest in the nation, will be closed for more than a month due to the outbreak of the novel strain of the coronavirus (COVID-19). The closure starts on Monday, March 16 and lasts through at least Monday, April 20, New York City Mayor Bill de Blasio made the announcement late Sunday afternoon, March 15. Five people -- all with underlying health issues -- have died in New York City due to COVID-19, accounting for all but one of the fatalities in the state linked to the virus. The other death, in Rockland County, was a Suffern resident. "It is time t…
Ocasio-Cortez Joins Bernie Sanders' Call For 15 Percent Cap On Credit Card Interest Ocasio-Cortez Joins Bernie Sanders' Call For 15 Percent Cap On Credit Card Interest
Ocasio-Cortez Joins Bernie Sanders' Call For 15 Percent Cap On Credit Card Interest Freshman Congresswoman Alexandria Ocasio-Cortez’s latest major bill since taking office has a powerful backer. The 2007 Yorktown High School graduate and presidential hopeful Bernie Sanders just introduced a proposal to cap credit card interest rates at 15 percent this week, which would rein in the profits major banks can capitalize on. The legislation has been dubbed the “Loan Shark Prevention Act.” Currently, the national average annual percentage rate his 17.73 percent, while the median was sitting at 21.36 percent, according to CreditCards.com. “Despite the fact that banks can borro…