On Monday, the European Central Bank starts a program that will inject more than a trillion euros into its economy by the middle of next year. The policy – known as quantitative easing – is the latest mvoe in an effort to bring the Eurozone out of its fiscal crisis. Adélie Pontay spoke with economist Schmitt-Grohe, who says it’s a big change for the European Central Bank.
The last store in the city dedicated to selling sheet — and only sheet music — closed its doors for good today, Friday, March 6, at 5pm. The Frank Music Company on West 54th Street near Broadway opened in 1937. But sales have been sluggish in recent years, and the owner is moving on. Miriam Sitz paid a visit to the store on its final day.
Since the city and state started to crack down on landlords who harass tenants in rent stabilized units, advocates for rent regulation feel the momentum has moved in their favor. They’ve decided to go to Albany to try for more tenant-friendly legislation. But researchers disagree how rent regulation laws should work in the future.
For most musicians, the sign, and sound, of a breakthrough is when you hear yourself on the radio. Now, if you wrote the song, you get royalties every time it’s played. But the performer doesn’t. The U.S. is one of the few countries in the world where AM and FM radio stations don’t pay royalties to performers. And now, a new resolution introduced in Congress aims to make sure they never have to. But Hanna Klingberg hears the sounds of change.
Last week the U.S. Department of Education announced that the New York City Public Schools District has agreed to take steps to create more opportunities for girls to participate in sports. The agreement comes after a complaint filed in 2010 that alleged the school district was in violation of Title Nine, the civil rights legislation that aims to create equal opportunity for girls and boys in education. As Theresa Avila reports, a host of issues make that difficult in the city.
The Justice Department will soon press corruption charges against New Jersey senator Robert Menendez. The case centers on the financial relationship between Menendez and a Florida ophthalmologist. That’s happening less than a month months after Assembly Speaker Sheldon Silver was indicted for corruption. Fordham Law School hosted a conference today to address how corruption affects American politics, and suggested a few answers.
There are estimated to be 4,000 homeless young people on the streets of New York. And about 1,600 identify as gay, bisexual or transgender.
A report released last week shows that many of them are trading sex for food, cash and a warm place to sleep. On a recent Sunday, a large group of LGBT homeless youth came by a Greenwich Village church for a hot dinner.