August 12, 2008

Wall Street’s losses are fast becoming India’s gain, as jobs higher up the financial food chain are being exported to India and places less costly than New York and London.

As Wall Street’s troubles deepen, big investment banks are seizing the moment to ask high-value employees to move to financial hubs in Asia, Latin America and the Middle East.

With a risky thrust into Georgia, Vladimir V. Putin has shown that he is still calling the shots in Russia.

The U.S. and its European allies seemed uncertain how to adjust to Russian actions in Georgia that could undermine democratic gains in the region.

Planners seeking to rebuild the World Trade Center have always envisioned a new neighborhood teeming with life, but the Police Department’s latest security proposal entails heavy restrictions.

For the first time, more than half of New York City’s high school students are graduating on time, according to 2007 figures.

The Metropolitan Transportation Authority’s experiment to introduce 35 “green” escalators in four subway stations started with a lurch.

Gov. David A. Paterson presented a plan to cut New York’s spending on Medicaid assistance, higher education and pork-barrel projects.

Michael Phelps dominated the 200-meter freestyle, grabbing his third gold medal and his third world record.

Residents in Douglaston, Queens, have been swimming at Douglas Manor Beach for more than 50 years.

Since 2002, when research was formally separated from investment banking, the quality of research on Wall Street has deteriorated, and many top analysts have left the business.

Prosecutors say their own informant stole millions of credit card numbers in a case that reveals how the Internet is enabling new crimes on a vast scale.