Bob Hennelly

New York, NY —

Speaking not far from Wall Street, Barack Obama told a Manhattan audience that the US needs better oversight of national financial markets, help for financially stressed homeowners and an additional $30 billion stimulus package.

REPORTER: Later, in an exclusive interview with WNYC, Senator Obama said he ...

New York, NY —

Today, the City Council is expected to pass two bills that would mandate the recycling of old computers and televisions. Only one has the backing of Mayor Michael Bloomberg.

WNYC's Bob Hennelly has more.

The City Council and the mayor were headed for a standoff over the ...

New York, NY —

The city's Conflicts of Interest Board has cleared the Bloomberg Administration's request to have former Deputy Mayor Dan Doctoroff continue to be involved in several high profile city projects and initiatives.

Doctoroff left his job heading Economic Development for the top post at Bloomberg ...

New York, NY —

Proposed budget cuts will handicap the fight against mortgage fraud - that's according to the city's district attorneys.

Queens District Attorney Richard Brown says in just the last few years, real estate and mortgage fraud cases have tripled. And that, he says, is just ...

New York, NY —

Manhattan District Attorney Robert Morgenthau says that he believes off-shore banking by hedge funds leaves investors and the public increasingly vulnerable. WNYC's Bob Hennelly has more.

Morgenthau says there is $1.9 trillion on deposit in the Cayman Islands beyond U.S. legal jurisdiction compared to just $400 ...

New York, NY —

Gov. Jon Corzine says Washington must respond to distressed homeowners as proactively as it did to failed investment bank Bear Sterns.

CORZINE: I think they should be much more aggressive with trying to get into workout situations with mortgages for people who are either threatened with ...

New York, NY —

The city's district attorneys warned the Council that the mayor's budget cuts would actually cost the city millions in police overtime and increase the chances a violent suspect might be released.

WNYC's Bob Hennelly has more.

The DA's contend they never recovered from cuts made in the ...

New York, NY —

The latest trade figures from the Port Authority indicate there has been regional fallout from the national economic slowdown. WNYC's Bob Hennelly has more.

Gov. Jon Corzine says the first half of 2OO7 the Port Authority was on track to clear an impressive 7 percent increase ...

New York, NY —

Up to 5,000 angry parents and public school supporters rallied outside City Hall during budget hearings, to protest millions of dollars in proposed cuts to education spending. Inside, councilmembers heard details of the effects of cuts on the police and district attorneys’ offices.

Gov. David Paterson, ...

New York, NY —

Despite years of trying to diversify the city economy, Wall Street still accounts for 25 percent of the city's tax revenue.

Ronnie Lowenstein, with the city's Independent Budget Office, says IBO had expected a slow down.

LOWENSTEIN: What we didn't see a few weeks ago is the ...

New York, NY —

New Jersey's Acting Treasurer David Rousseau told state lawmakers the latest developments on Wall Street and a slowing national economy is showing up in disappointing tax revenues. WNYC's Bob Hennelly has more.

Trenton's toughest budget cycle is about to become even tougher.

Acting ...

New York, NY —

Even though Gov. Eliot Spitzer is leaving office his legal troubles have taken on a life of their own. WNYC's Bob Hennelly has more.

None of the four defendants who were arrested for their alleged role in the prostitution ring have yet to be actually indicted.

Legal ...

New York, NY —

This week, both the Senate and Assembly plan on rolling forward with their proposed versions of the state's difficult budget.

State Senator Bill Perkins, who represents Harlem, says Gov. Eliot Spitzer's current status is untenable.

PERKINS: For the sake of the people in my district and throughout ...

We check in with WNYC's Bob Hennelly, who is in Albany, for the latest on Elliot Spitzer.

New York, NY —

Governor Spitzer's office has officially said there will be no announcement today about whether he'll resign, following yesterday's revelations of his liaison with a prostitute in Washington D.C. Sources have told WNYC that Lieutenant Governor David Paterson's aides have been quietly planning for a transition, ...

Paul Burka, executive editor of Texas Monthly, discusses the latest in primary politics, and does his best to explain the Texas primary caucus system. Plus, WNYC's Bob Hennelly is driving through Texas, on his way to Austin for primary night. He checks in with stories from the road.

New York, NY —

After more than a year, the Democratic contest for president appears to be reaching a climax. WNYC's Bob Hennelly is in Texas and finds New York volunteers at the center of the action.

REPORTER: Business consultant Cheryl Gerber left upstate Kingston to come to Austin to ...

New York, NY —

Despite years of combat in both Afghanistan and Iraq, intelligence experts say Al Qaeda has reconstituted itself sufficiently to pose a threat within the United States. WNYC's Bob Hennelly has more.

REPORTER: Police Commissioner Ray Kelly says thanks to the safe haven of the unincorporated Pakistani ...

New York, NY —

There are no leads yet on the case of a six-month-old baby girl abandoned in Queens yesterday, according to Police Commissioner Ray Kelly:

KELLY: We've only had one call to our tips hot line. The baby if you recall was left in a livery cab at ...

New York, NY —

The latest statistics from the state's Labor Department are an indication the economy is slowing down faster than expected. WNYC’s Bob Hennelly reports.

State labor officials say 2007 was not nearly as good for job creation as they initially thought and that last month, New Jersey ...