Ilya Marritz

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A new report predicts widespread commercial mortgage defaults. Guest: WNYC’s Lisa Chow.

New York, NY —

Why is Chrysler closing down highly profitable dealerships? WNYC’s Lisa Chow explains.

Listener Andrea Stewart, who's dabbled in stocks for 20 years, wrote in with this question:

"At what point is a stock considered worthless? I own shares of IndyMac Bancorp which was taken over by the government. The stock is now listed on the pinksheets for 5 cents. Is there some ...

New York, NY —

WNYC listener Andrea Stewart bought Indymac shares before the bank collapsed. Could they be worth something someday? Guests: Andrea Stewart and Jason Zweig, who writes the “Intelligent Investor” column in The Wall Street Journal.

New York, NY —

Albany lawmakers are considering legislation for the safe disposal of computers and other electronic waste. Governor Paterson hasn't yet offered his own proposal, but environmental groups are accusing him of listening only to the industry point of view. WNYC's Ilya Marritz has more.

REPORTER: Governor Paterson ...

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Why Crunch Gyms went into bankruptcy and the week’s local business news. Guest: Greg David, Crain’s New York Business.

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How Banks are trying to lure people to buy foreclosed homes. Mhari Saito of member station WCPN in Cleveland reports.

New York, NY —

The owner of a Queens envelope factory has announced the facility will close this summer, and 230 workers will lose their jobs. WNYC's Ilya Marritz has details.

REPORTER: For almost 45 years, the factory on Hunters Point Avenue has been making envelopes. John Grymes, Chief Operating ...

New York, NY —

Congresswoman Carolyn Maloney explains the new rules for credit card issuers.

New York, NY —

The New York Fed is organizing attorneys to fight foreclosure. Guest: Tom Baxter, General Counsel at the Federal Reserve Bank of New York.

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Alex Blumberg and Adam Davidson of Planet Money explain why a Montreal pool hall called Sharx is considered a bad credit risk and why buyers of premium bird seed are seen as responsible.

New York, NY —

Governor Paterson is giving serious consideration to a sweeping new plan to weatherize a million homes in New York State. WNYC's Ilya Marritz has more.

REPORTER: The plan was prepared by the Center for Working Families, the think tank of the Working Families Party. It relies ...

Environmentalists have long considered energy efficiency the low-hanging fruit of cutting greenhouse gas emissions. Not as sexy as solar panels, but real savings that can be achieved right now.

Here's the obstacle: few homeowners are willing to swallow the up-front cost of improvements that will only pay for themselves over ...

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Bloomberg's campaign spending, dealerships closing, and a new pension fund probe. Guest: Greg David, Crain's New York Business.

New York, NY —

A Brooklyn homeowner sues a “one stop shop” for mortgage fraud. Guest: WNYC’s Ailsa Chang.

New York, NY —

WNYC’s Lisa Chow on Pace University’s career fair for graduating seniors.

New York, NY —

To balance next year's budget Mayor Bloomberg has proposed ending the sales tax exemption for shoes and clothing. That's sparked a debate among policymakers but the discussion is passing shoppers by. WNYC's Ilya Marritz has more.

REPORTER: Since 2006, there's been no tax on clothing and ...

In reporting on the mayor's proposal to hike the sales tax and restore the tax on clothing and shoes, I've discovered there is a great deal of confusion: what exactly is taxed, at what rate, and how long this has been so.

An exhaustive search produced the chart below, from ...

New York, NY —

City Council members are criticizing Mayor Bloomberg's proposal to raise the sales tax rate by a half-percent and eliminate the tax exemption for clothes and shoes. At a Council hearing yesterday, Finance committee chair David Weprin said the proposal would cost 1,200 jobs, mostly in ...

New York, NY —

Should the sales tax exemption on clothing and shoes be sent back to the grave? WNYC’s Ilya Marritz explains the debate.