Michael Bloomberg

Republicans are joining a festival of corruption

The tax bill the GOP is trying to foist on the country is not only an unfair and deficit-bloating hodgepodge written on the fly. It is also deeply corrupt. Every Republican who votes for this bill will be joining a festival of venality.<p>Corruption is not a word to be used lightly, so let’s be …

Opinion

Trump Is Really Trying to Set the World on Fire

“I’ve just heard that my family home near Carpenteria is literally in flames at this moment,” a friend told me recently. She was particularly …

El Niño

China shakes the world

December 17, 2017<p>“Let China sleep, for when she wakes, she will shake the world.” The quote widely attributed to Napoleon Bonaparte is apocryphal, …

Climate

Top 10 Ways Media Distorted Business, Economic News in 2017

Liberal media bias has existed for years, but in 2017, it appeared to reach unprecedented levels given the media’s hostility to President Donald …

Conservative View

Why Republicans shouldn’t be so optimistic their tax bill will be a big win

Republicans are on the verge of passing a massive tax cut for businesses that is deeply unpopular with the American public. They are doing it with no Democratic votes and at a moment when the U.S. economy looks pretty healthy (typically, tax cuts are most effective when the economy is struggling …

Social Justice

Dasha Zhukova is spending time with Stavros Niarchos III

Dasha Zhukova is moving on with Stavros Niarchos III, sources exclusively tell Page Six.<p>Zhukova — the gorgeous founder of Garage Magazine — and …

American Jews and charitable giving: An enduring tradition - Salon.com

Even though only about one in 50 Americans is Jewish, U.S. Jews donate at high levels, both as individuals and as a community.<p>As a scholar who studies community philanthropy, I am doing research to discover what accounts for this outsized generosity and why Jews play such a big role in American …

Business

The Week Ahead: Can Stocks Move Even Higher In January?

The powerful stock market gains on Friday have pushed the S&P 500 to a 1.48% gain for the month of December. Surprisingly that is close to the average December return for the S&P 500 of 1.54% since 1950. There have been 50 up years since 1950 with just 17 down years.<p>One can examine the historical …

Trading

Paul LePage still wants to ban junk food from food stamp program

AUGUSTA, Maine (AP) — Maine’s Republican governor is still pressing for his proposal to prevent the use of food stamps for junk food and planned to …

Paul LePage

A Battle for the Heart and Soul of Public Education

More than two decades ago, public education advocate Deborah Meier warned that the idea of democracy was in peril. “Is it ever otherwise?” she asked …

Education

Read Michael Bloomberg’s blistering takedown of the GOP tax plan

Today, Michael Bloomberg took to, well, <i>Bloomberg</i> to excoriate the Republican tax overhaul bill.<p>He writes:<p>The largest economic challenges we face include a skills crisis that our public schools are not addressing, crumbling infrastructure that imperils our global competitiveness, wage stagnation …

The Tax Bill Is a Trillion Dollar Blunder

Michael Bloomberg: “CEOs aren’t waiting on a tax cut to ‘jump-start the economy’ — a favorite phrase of politicians who have never run a company — or …

Economy

GOP Tax Bill Heads to Finish Line With Party Support Still Not Set

Republicans in Congress are working to finalize the terms of their tax bill amid signs that party leaders haven't yet secured the votes of enough …

Investing

Five years after Sandy Hook, gun control groups still looking for big win

In the months after the 2012 Sandy Hook Elementary School shooting, a number of gun violence prevention groups sprung into existence, vowing to fight for stronger gun control measures.<p>But five years after the devastating massacre in Newtown, Connecticut, the body count from mass shootings has only …

Gun Control

World Bank invests $4.5B to arm cities against climate change

TEPIC, Mexico - C ash-short cities with big ambitions to protect themselves from climate change will be able to tap into $4.5 billion in loans and …

Climate

David Rockefeller and the Largest Art Auction of All Time

In March, David Rockefeller, the last surviving grandchild of robber baron John D. Rockefeller, died at the age of 101. As Christie’s prepares to auction his massive and prestigious collection, Vanity Fair looks into the collection’s origins.<p>When David Rockefeller died, last March, at the age of …

Artists

Bill Gates Commits $300M to Help Farmers Who Suffer From Global Warming

President Donald Trump wants the nation to retreat from climate change issues—and American philanthropists are not on board.<p>Bill Gates, for example, …

Business

Central Park Conservancy Names New Leader

Elizabeth W. Smith, a former assistant commissioner at the parks department, will take over the organization that maintains Central Park.<p>CENTRAL …

New York City

Why investing in coal is risky business

This week, we marked the two-year anniversary of the Paris climate accord with big news.<p>The Powering Past Coal Alliance, which was recently launched by Britain and Canada as a global effort to phase out coal-fired electricity, grew to more than 50 members, including 33 countries and 24 …

Climate

New York students ask court to end ban on Palestine club

Students at Fordham University in New York have taken a new step in a legal battle to lift a ban on a Palestine solidarity group.<p>In a lawsuit filed …

Palestine

New life for the Paris climate deal

IN MAY France’s environment ministry moved to an 18th-century mansion close to the National Assembly and Elysée Palace. The relocation—and a …

Climate

Eric Garcetti hopes to be the first mayor to make it to the White House

TOWARDS the end of an amusing few hours with Eric Garcetti, the mayor of Los Angeles, Lexington asked an abrupt question. Many Angelenos—in fact, …

Eric Garcetti

The Shady Bank Where This Russian NBA Owner Stashed Money

Russian oligarchs loved the bank known as FBME, which operated out of Cyprus and Tanzania. Then the U.S. Treasury forced it to shut down. A …

Russia

[Bill Gates House] - Facts and Photos of his US$125 Million Mansion

Material may not be published, broadcast, rewritten or redistributed<p>without a link to the original content<p>Disclaimer<p>The details about superyacht …

Philanthropy

Brinks robbery driver sues parole board for denying her release

Former Weather Underground radical Judith Clark ​– ​who drove the getaway car in the infamous 1981 Brinks robbery that killed two New York police …

New York City

France Moves To Ban Students From Using Cellphones In Schools

The country's education minister says the strict rules are a matter of public health. But some teachers and parents call it a losing battle.

France

Donald Trump and Rupert Murdoch Have Set Our Future on Fire

The fires of hell roared through the City of Angels, dispatched by the lords of darkness. Blasted by 80-mile-an-hour winds that turned palm trees …

Liberal View

Concealed-carry bill backers brace for Senate fight

Gun-rights advocates scored a major win with House passage of legislation making concealed-carry gun permits valid across state lines -- but face a much tougher challenge in the Senate where they'll need support from at least eight Democrats to make the bill law.<p>Supporters of "concealed-carry …

Guns

Playgrounds for Elites

The increasingly left-wing politics of leading U.S. cities clashes with the aspirations of middle-class residents.<p>The revival of America’s core …

Cities

NYC Mayor May Use Eminent Domain to Buy Apartments for Homeless

Turning to a novel fix to address a vexing problem, New York City Mayor Bill de Blasio said he is prepared to use eminent domain to buy apartments that already house homeless individuals and turn them into permanent affordable housing.<p>“We have a very powerful tool and we’re ready to use it,” Mr. de …

Housing