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>> NEW YORK CITY Latest News

4 HOURS AGO - Zero Hedge

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Puerto Rico Announces Bond Payment "Moratorium"

Having concluded last night that Puerto Rico debt is "unpayable," and that his government could not continue to borrow money to address budget deficits while asking its residents, already struggling with high rates of poverty and crime, to shoulder most of the burden through tax increases and pension cuts, Padilla confirmed tonight that (from Bloomberg): *PUERTO RICO TO SEEK "NEGOTIATED ...

Tags: Puerto Rico Announces Bond Payment "Moratorium",  New York City Latest News

11 HOURS AGO - Seattle Times

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New York City teen tracks down wallet’s owner on Facebook

NEW YORK — A New York City teenager is being credited with using Facebook to track down the owner of a wallet she found on a city bus. Eighteen-year-old Michael Sally was on his way to Xaverian High School in Brooklyn when his wallet apparently fell out of his pocket. Not long after he realized […]

Tags: New York City teen tracks down wallet’s owner on Facebook,  New York City Latest News

11 HOURS AGO - TheStreet

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If Greeks Vote to Leave the Eurozone, Which Country Will Be Next?

NEW YORK (TheStreet) -- If Greece leaves the eurozone, which countries might follow? The move -- a Greek default on debt and abandoning of the euro -- could have a ripple effect that sees Portugal and even Spain, the fourth-largest European Union economy, exit the currency.  On July 5 Greece will vote in a referendum on whether or not to accept ...

Tags: If Greeks Vote to Leave the Eurozone, Which Country Will Be Next?,  New York City Latest News

12 HOURS AGO - TheStreet

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How You Can Get a Great Deal on an Auto Lease, Even for Luxury

NEW YORK (TheStreet) — With so many Americans battening down the budget hatches, getting a great deal on an auto lease right now has its attractions. Goodness knows, there are plenty of value deals out there. Swapalease.com, based in Cincinnati, is reporting 16 lease deals that clock in under $200 on its Wantalease.com online marketplace hub for leased vehicles. Here ...

Tags: How You Can Get a Great Deal on an Auto Lease, Even for Luxury,  New York City Latest News

12 HOURS AGO - TheStreet

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Cramer -- Macy's Downgrade Too Harsh, Unsure if Tesla Can Hit Estimates

NEW YORK (TheStreet) -- The Greek debt drama is weighing on stocks, so TheStreet's Jim Cramer said he's surprised Macy's  shares aren't lower after Deutsche Bank analysts downgraded the stock to sell from buy Monday.  The retailer's shares are down 2.3%, which would've been likely even without the downgrade, said Cramer, co-manager of the Action Alerts PLUS portfolio, on CNBC's "Mad Dash" segment.  ...

Tags: Cramer -- Macy's Downgrade Too Harsh, Unsure if Tesla Can Hit Estimates,  New York City Latest News