New York Eases Greenhouse Gases Accounting

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According to the Washington Post, New York Gov. Kathy Hochul (D) is backing a proposal to change the state’s method of accounting for greenhouse gas emissions, after state modeling estimated significant cost increases for buying gas and heating homes. Questions: Source: Joselow, M. and V. Montalbanos (2023). New York, citing consumer costs, may ease its greenhouse gas… Read more »

Snowbirds are not the only ones seeking the sun!

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According to Forbes, firms are leaving California and New York in droves and opting for Florida, where the weather is warmer and taxes are lower. Questions: What are some of the factors leading to this super-charged Florida boom? What specific factors are associated with high density states like New York, Connecticut, New Jersey, Illinois, and… Read more »

First Bad News about Chuck E. Cheese, Now Broadway- Oh No!

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According to the Washington Post, the shutdown of Broadway’s 41 theaters will continue at least until Jan. 3. Questions: Why is Broadway so important to New York’s economic health? What will happen to ticketholders for shows up to and including January 3? What percent of tickets for commercial productions in 1,000- to 2,000-seat theaters must… Read more »

Trump may owe more fines

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According to the Guardian,  if Trump Tower and other Trump sites do not cut emissions, the Trump Organization will owe $2.1m a year from 2030. Questions: How many Trump properties in New York City do not comply with new regulations designed to slash greenhouse gas emissions? Which body passed these fines? What will be required… Read more »

What’s a San Francisco restaurant without labor? Closed…..

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According to the Guardian, even hiking the minimum wage to $15 an hour and requiring health benefits, as San Francisco has done, hasn’t been enough to maintain a healthy heartbeat in the restaurant industry labor market, because the median price for a San Francisco rental is $4,550. Questions: 1. In the article, Gwyneth Borden, executive… Read more »