Ilya Marritz

Aggressive development of Upstate New York's natural gas resources could create tens of thousands of jobs and draw large numbers of people to live in economically depressed communities that have been losing population for decades, according to a study commissioned by the state's Department of Environmental Conservation.

New York state regulators is set to release a study Wednesday on the impact of natural gas drilling on communities.

Ahead of the 10th anniversary of the September 11, 2001, terror attacks, the NYPD is beefing up patrols at some locations throughout the city.

With tens of thousands of households still without power, Governor Andrew Cuomo ripped into the utility responsible for Long Island's electricity network.

Manhattan's Fifth Avenue remains the world's most expensive shopping boulevard, at least when it comes to commercial rents.

A new report out Wednesday examined how the more than $20 billion of federal money intended to help lower Manhattan after the September 11 attacks was actually spent.

A week after being forced to accept a smaller revenue package than he wanted, the executive director of the Port Authority of New York and New Jersey launched a full-throated broadside against politicians who say the government must reduce all spending. 

A new fracking study by state officials set to be revealed Wednesday could re-ignite debate about the local impact of the controversial gas drilling technique.

Ordinary homeowners insurance will cover much of the damage Tropical Storm Irene caused to homes and businesses in the tri-state area — but it won't pay for repairs to basements or foundations affected by flooding.

Mayor Michael Bloomberg's media and financial services company, Bloomberg LP, is spending almost a billion dollars to buy a law and tax research firm.

New Jersey Governor Chris Christie vetoed a bill to ban the controversial natural gas drilling technique known as fracking in the state on Thursday — but he ordered a one-year moratorium on the practice.

Upstate New York might not sit on one of the largest natural gas reserves in the world after all. That's according to the latest estimate by the U.S. Geologic Survey.

After a partial recovery from the recession, new building activity in New York City appears to be slowing down.

On the East Side of Manhattan, the Second Avenue Subway is generating huge volumes of ground up rock – and there’s a market for this rubble, but moving and selling it can be a risky business.

New York City, New York State and New Jersey all added jobs in July. But across the region, the unemployment rate remained stubbornly high.

The city agency charged with bringing drinking water to 9 million New Yorkers has a new leader in Carter H. Strickland, Jr., an insider tapped by Mayor Michael Bloomberg for Commissioner of the Department of Environmental Protection.

WNYC's Ilya Marritz from the Stock Exchange floor and Heidi Moore, Wall Street correspondent at Marketplace, talk about the sliding market and the growing worry about the American economy. MarketPsych managing partner Frank Murtha discusses the psychology behind our reactions to the hesitant economy.

PHOTOS. Take a peek at the New York Stock Exchange as stocks rose slightly on Tuesday following the worst day for stocks since 2008.