WASHINGTON (AP) – Democratic leaders in Congress decided Thursday to delay a vote to bail out automakers until December, according to officials, and will first demand the Big 3 companies show how the funds would transform their beleaguered industry. An announcement was expected later in the day, these officials said. They spoke on condition of [...]

What will New York look like a year from now? The answer: bad and probably worse, and perhaps downright catastrophic. Three degrees of awful. The first step was passing the bank-bailout legislation. Now that it’s done—and if it didn’t get done we would have been looking at a guaranteed economic collapse—the critical issue will be [...]

What will New York look like a year from now? The answer: bad and probably worse, and perhaps downright catastrophic. Three degrees of awful. The first step was passing the bank-bailout legislation. Now that it’s done—and if it didn’t get done we would have been looking at a guaranteed economic collapse—the critical issue will be [...]