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NYC Cap on Ride-Hail Vehicles Made Permanent from Courthouse Web Services

Submitted by Anonymous (not verified) on Sun, 03/15/2020 - 04:19

NYC Cap on Ride-Hail Vehicles Made Permanent from Courthouse News Service

MANHATTAN (CN) – The New York City Taxi and Limousine Commission voted Tuesday to permanently freeze the number of Ubers, Lyfts and other ride-hailing vehicles that drive here.

A one-year cap on such vehicles was set to expire next week. It was first instituted last August after a 39-6 City Council vote.

How to get rid of debt without paying from Bankrate

Submitted by Anonymous (not verified) on Wed, 03/04/2020 - 17:16

Outstanding debt is higher than ever. The Federal Reserve Bank of New York reports that household debt in the United States has now reached its highest-ever total: more than $14 trillion.

Regardless of the debt you’re suffering from, you might not see an end in sight. Is there a chance you can get out of debt without paying?

The answer is maybe, depending on a number of factors. Here are some ways you can explore getting out of debt that don’t include paying it.

Cabbies worry as hedge fund snaps up taxi medallions New York Post February 20, 2020

Submitted by Anonymous (not verified) on Fri, 02/28/2020 - 00:54

New York taxi drivers and politicians are raising alarms after a secretive hedge fund this week quietly became the city’s largest owner of taxi-medallion loans.

Marblegate Asset Management — a tight-lipped investment firm that has already scooped up some 300 medallions and 1,000 loans, many of them previously owned by disgraced “Taxi King” Gene Freidman — has taken over loans tied to an additional 3,000 New York medallions, sources told The Post.

New York Attorney General Accuses N.Y.C. of Fraud Over Taxi Crisis from New York Times

Submitted by Anonymous (not verified) on Thu, 02/27/2020 - 01:36

The state’s attorney general is seeking $810 million from the city to compensate financially struggling taxi medallion owners. New York State’s attorney general on Thursday accused New York City of committing fraud by artificially inflating the value of yellow taxi medallions, and she demanded $810 million from the city to compensate the thousands of cabdrivers who are now saddled with enormous debt.

The Best Way to Use a Credit Card? Treat It Like Cash from New York Times

Submitted by Anonymous (not verified) on Wed, 02/12/2020 - 17:27

The Best Way to Use a Credit Card? Treat It Like Cash from New York Times February 12, 2020
Fewer people than ever carry cash these days, it seems. Life can seem ultraconvenient when you don’t have to worry about a wad of bills in your pocket (or even a wallet in your pocket, for that matter).

But it can hurt people with low incomes when businesses go cashless, it can hurt workers who rely on cash tips and — even if you’re not in either of these groups — it can hurt you because it’s easy to get into financial trouble with credit cards.

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