New research from Chambers Ireland shows that the tourism, hospitality, entertainment and local services sectors all show signs of having been particularly negatively hit by the outbreak of Covid-19.

New research from the Central Bank shows that demand for bank loans has fallen sharply.

Ryanair has criticised what it has described as unjustified charges for aircraft that are parked at Dublin airport while not in use due to the Covid-19 crisis.

We show that trade credit in production networks is important for the transmission of unconventional monetary policy. We find that firms with bonds eligible for purchase under the European Central Bank’s Corporate Sector Purchase Program act as financial intermediaries and extend more trade credit to their customers. The increase in trade credit flows is more pronounced from core countries to periphery countries and towards financially constrained customers. Customers increase investment and employment in response to the additional financing, while suppliers with eligible bonds increase their customer base, potentially favoring upstream industry concentration. Our findings suggest that the trade credit channel of monetary policy produces heterogeneous effects on regions, industries, and firms.

Like many New Yorkers — indeed, many Americans — I’ve looked to Gov. Cuomo’s decisive leadership during the coronavirus crisis. But his Nourish New York initiative, while well-intentioned, is a step in the wrong direction. With federal funds stretched to the limit, why would the governor squander $25 million to bail out the dairy industry, which is rife with disease and cruelty?

Electric scooters are coming to New York and, with a little planning and preparation, they can safely thrive here. To understand how, it helps to start with some context.

Last Feb. 14, Gov. Cuomo signed the Child Victims Act into law. He did it in the newsroom of the Daily News, because it was this paper that, over many years, spotlighted the wrenching cases of people abused as children, perversely prevented from seeking justice as adults.

I am proud that companies and farms are donating milk to many people. I am proud because I am one of the workers who helps produce that milk.

Like anyone who has ever spruced up their home, Melania Trump will have a few new touches to showcase Friday when guests visit the White House for only the second state dinner of the Trump presidency.

A Los Angeles real estate agent was shoved backwards off a stairway and pinned to the ground by an unknown open house visitor who flashed a chilling smile at a security camera seconds earlier.

Airbnb was dealt another setback in one of its most important markets Tuesday as voters in a New Jersey city just a few minutes by train from the tourist sights of Manhattan approved restrictions on short-term rental companies in a hard-fought referendum.

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace.

Thanks to virtual tours, online mortgage applications, remote notarization and tech tools like Facetime, real estate agents in South Florida are still conducting business these days.

Locally, the housing market got off to a great start at the beginning of the year, and all signs seemed to point to a bright spring season. And then the coronavirus struck.

A look at how real estate in South Florida has been affected by the coronavirus pandemic, from virtual tours and technology playing larger in the home-buying process to how the market is expected to react.

Truss, a Chicago-based real estate technology firm, is seeing increased interest in its 3D virtual office tours during the coronavirus pandemic.

Real estate data suggests the market took a downturn in March that might already be rebounding. Here's what experts predict.

Joseph O'Brien is keen to start off slowly with Rekindling after welcoming the 2017 Melbourne Cup winner back to his yard.

Multiple Grade One-winning chaser Un De Sceaux left the yard of Willie Mullins for the final time on Monday.

Four Sampdoria players, including one who had previously recovered, and three from Fiorentina have tested positive for coronavirus, the two Serie A clubs announced on Thursday.

On the occasion of Jack Charlton's 85th birthday, we have dug out a special message to the legendary manager, recorded by Ardal O'Hanlon and the late Dermot Morgan for a special tribute edition of Kenny Live

We develop a multi-risk SIR model (MR-SIR) where infection, hospitalization and fatality rates vary between groups—in particular between the “young”, “the middle-aged” and the “old”. Our MR-SIR model enables a tractable quantitative analysis of optimal policy similar to those already developed in the context of the homogeneous-agent SIR models. For baseline parameter values for the COVID-19 pandemic applied to the US, we find that optimal policies differentially targeting risk/age groups significantly outperform optimal uniform policies and most of the gains can be realized by having stricter lockdown policies on the oldest group. For example, for the same economic cost (24.3% decline in GDP), optimal semi–targeted or fully-targeted policies reduce mortality from 1.83% to 0.71% (thus, saving 2.7 million lives) relative to optimal uniform policies. Intuitively, a strict and long lockdown for the most vulnerable group both reduces infections and enables less strict lockdowns for the lower-risk groups. We also study the impacts of social distancing, the matching technology, the expected arrival time of a vaccine, and testing with or without tracing on optimal policies. Overall, targeted policies that are combined with measures that reduce interactions between groups and increase testing and isolation of the infected can minimize both economic losses and deaths in our model.

The lack of reliable electricity in the developing world is widely viewed by policymakers as a major constraint on firm productivity. Yet most empirical studies find modest short-run effects of power outages on firm performance. This paper builds a dynamic macroeconomic model to study the long-run general equilibrium effects of power outages on productivity. The model captures the key features of how firms acquire electricity in the developing world, in particular the rationing of grid electricity and the possibility of self-generated electricity at higher cost. Power outages lower productivity in the model by creating idle resources, by depressing the scale of incumbent firms and by reducing entry of new firms. Consistent with the empirical literature, the model predicts that the short-run partial-equilibrium effects of eliminating outages are small. However, the long-run general-equilibrium effects are many times larger, supporting the view that eliminating outages is an important development objective.

Police discovered firefighter Lenzell Ross, 28, snoozing in his parked Tesla on the side of the Belt Parkway near Shore Parkway in Lindenwood about 2:30 a.m., authorities said.

Veteran captain Andrew Campos, 50, was arrested only months after a search warrant uncovered multiple photos of the mobster and co-defendant Richard Martino making prison visits to imprisoned Mafioso Frank LoCascio, once the underboss to the infamous “Dapper Don” Gotti.

Attorney Javier Solano, in his final jury address Friday, insisted there was a “piece that didn’t fit” in the prosecution’s presentation against murder suspect Andres Fernandez in the June 30, 2016, shooting of Louis Barbati.

The 33-year-old woman was shot in the chest and leg by the man in an apartment on Rockaway Pkwy. in Brownsville.

A Brooklyn woman discovered a wayward rooster living on the streets in Park Slope, and took it home in hopes of finding out who he belonged to.

Sometime after 911 was called, the 63-year-old victim — whose name has not been released — went into his bedroom to put out the fire. He soon passed out amid the smoke and flames, officials said. Responding firefighters and EMTs pulled him out of the apartment. "He was badly burned," said a neighbor.

Shirr Teved was inside her home near Foster Ave. in Flatbush when a fire broke out about 10:30 p.m. Monday.

New York health agencies says they're prepared for the coronavirus.

The teen victim was chased to the corner of Utica Ave. and Sterling Place around 4:10 p.m. Thursday before being knocked to the ground. Video then shows a horde of teens descending upon her.

The employee, who works at 320 Jay St. in Downtown Brooklyn, tested positive for the illness Thursday night, prompting the Vera Institute to tell a majority of their employees to work from home.

As New Yorkers take to staying indoors to combat the spread of the coronavirus, these residents are taking a different approach.

The diocese made the dramatic announcement after confirming positive coronavirus tests for two priests: One at a church in Queens, the other at a church in Brooklyn.

The judge, whose name was not released, was last in the courthouse on Mar. 12, officials said.

Friends played touch football and shared sweaty exercise equipment while others kept their distance from others

“It’s about the power of music and bringing music to people to get through very difficult times. I think we all really need to do that and really step up for each other," said Dr. Kari Groff.

While an increasing number of criminal suspects are being arraigned by video to prevent the spread of coronavirus, defendants’ families often sit on crowded courthouse benches waiting for their relatives’ arraignments.

Patient Jessica Ellision recalled how she broke down and sobbed Monday when she finally received her medication after a three-hour wait — much of it in the crowded hallway where she feared the other patients might be infected. “It was so intense and so stressful, and you feel like you worked so hard not to be sick, but this is it now — this is how it happens,” said Ellison, 39, of the Bronx.

Rona Phillips, the principal of KAPPA V High School in Brownsville, is in intensive care with pneumonia, officials said. “Our thoughts are with Principal Phillips and her family for a speedy recovery, and we’ll support the school community in every way we can,” said Education Department spokeswoman Miranda Barbot.

City officials called the street closings planned starting Friday are an “initial pilot,” and that more sites may be added to the program in the coming days. De Blasio said on Tuesday he’d like to open “up to two streets per borough.”

The beloved 49-year-old priest, born in Mexico City, passed away Friday evening at the Wyckoff Medical Center in Brooklyn, the diocese said. Father Jorge, as he was known to worshippers, served as the diocesan coordinator of the ministry for Mexican-Americans among his other duties.

Disturbing videos posted online paint a grim picture on how hospitals seem to be struggling to deal with bodies as they battle against the wave of coronavirus patients.

A Brooklyn federal magistrate denied Genaro Garcia Luna release from prison due to coronavirus, saying he was a flight risk.

Hospital police initially issued Lundy a disorderly conduct summons after the attack and released her. On Thursday NYPD cops arrested her for manslaughter and assault.

Runners are using their legs for deliveries now.

Brooklyn Borough President Eric Adams called Saturday for all New York supermarkets to offer express lane treatment for those heroic New Yorkers on the front lines of the coronavirus pandemic.

The funeral was held for Rav Yosef Kalish, 63, an Amshinover rebbe who was hospitalized with COVID-19 last week and died Sunday morning, The Associated Press reported.

The last thing Jorge Cruz ever did was ask for a cup of hot tea. By the time it was cool enough for a sip, he was dead -- apparently from coronavirus.