WASHINGTON, March 4 -- The U.S. Department of Homeland Security's Federal Emergency Management Agency announced that it expects to award up to 10 cooperative agreements for flood hazard identification and risk assessment programs in New Jersey and New York, Puerto Rico and U.S. Virgin Islands. The estimated total program funding available was cited as $1.5 million. The agency said the grant was associated with disaster prevention and relief. The funding is open to state, county, city, township  more

NEW YORK, March 5 -- The U.S. Department of Labor's Bureau of Labor Statistics - New York-New Jersey Regional Information Office issued the following report on the alternative measures of labor underutilization in New Jersey for 2019: In 2019, the broadest measure of labor underutilization, designated U-6 (which includes the unemployed, workers employed part-time for economic reasons, and those marginally attached to the labor force), was 6.8 percent in New Jersey, similar to the 7.2-percent ra  more

NEW YORK, March 5 -- The U.S. Department of Labor's Bureau of Labor Statistics - New York-New Jersey Regional Information Office issued the following report on the alternative measures of labor underutilization in New York for 2019: In 2019, the broadest measure of labor underutilization, designated U-6 (which includes the unemployed, workers employed part-time for economic reasons, and those marginally attached to the labor force), was 7.7 percent in New York State, not significantly different  more

WASHINGTON, March 4 -- The U.S. Department of Defense's Assistant to the Secretary Jonathan Rath Hoffman issued the following statement on New York Times article: "In response to the Coronavirus outbreak, the Secretary of Defense has given our Global Combatant Commanders the clear and unequivocal authority to take any and all actions necessary to ensure the health and safety of U.S. service members, civilian DOD personnel, families and dependents. Since day one of the Department's more than mon  more

WASHINGTON, March 5 -- The Federal Communications Commission's Media Bureau issued the following memorandum opinion and order (MB Docket No. 20-26): In the Matter of WRNN License Company, LLC For Modification of the Television Market of Station WRNN-TV, New Rochelle, New York CSR 8986-A MEMORANDUM OPINION AND ORDER Adopted: March 2, 2020 Released: March 2, 2020 By the Senior Deputy Chief, Policy Division, Media Bureau: I. INTRODUCTION 1. WRNN License Company, LLC (WRNN License Co. or Pe  more

NEW YORK, March 7 -- The Federal Home Loan Bank of New York, a district bank in the Federal Home Loan Bank System, issued the following news release: * * * - FHLBNY to donate $500,000 to aid organizations; offers $1 billion in Disaster Relief Funding * * * In response to the severe and extensive damage caused by a series of earthquakes that continue to impact Puerto Rico, the Federal Home Loan Bank of New York ("FHLBNY") has announced $500,000 in donations to organizations leading relief eff  more

NEW YORK, March 5 -- The Federal Reserve Bank of New York issued the following remarks by Beverly Hirtle, executive vice president and director of research, on the heterogeneity blog series webinar: I am delighted to be here to introduce this webinar about our Liberty Street Economics blog series on heterogeneity in labor market outcomes. These blogs describe several ways that the forces shaping U.S. labor markets cause the experiences of workers to vary for different cohorts of individuals, in  more

NEW YORK, March 5 -- The Federal Reserve Bank of New York issued the following remarks by Executive Vice President Kevin J. Stiroh at the Harvard Business School, Boston, Massachusetts on conference entitled "Risks, Opportunities and Investment in the Era of Climate Change": Good afternoon and thank you for the opportunity to participate in this conference on "Risks, Opportunities, and Investments in the Era of Climate Change," a topic of critical importance for all of us. Climate change is al  more

NEW YORK, March 6 -- The Federal Reserve Bank of New York issued the following remarks on March 5 by President and CEO John C. Williams at the Foreign Policy Association: It's a genuine honor to be recognized in this way. And allow me to add my congratulations to all the other organizations and individuals that have been commended this evening. The work that you're doing--particularly in the area of corporate social responsibility--is so important. On Tuesday, the Federal Open Market Committee  more

NEW YORK, March 7 -- The Federal Reserve Bank of New York issued the following remarks on March 6 by President and CEO John C. Williams at the Shadow Open Market Committee Spring Meeting: I would like to start by thanking Athanasios for inviting me to participate in this event. It is a real honor to highlight the influence of our esteemed colleague Marvin Goodfriend, an outstanding and original researcher, policy advisor, and friend. Marvin epitomized the role of policy advisor. His research d  more

NEW YORK, March 5 -- The Federal Reserve Bank of New York issued the following news release: The Federal Reserve Bank of New York announced the appointment of two new members to its Community Depository Institutions Advisory Council (CDIAC), effective immediately. Council members are representatives from commercial banks, thrift institutions, and credit unions with assets under $10 billion and headquartered in the Federal Reserve's Second District (New York State; Northern New Jersey; Fairfiel  more

NEW YORK, March 4 -- The Federal Reserve Bank of New York issued the following news release: * * * - Created from Sunsetting Two Advisory Groups * * * The Federal Reserve Bank of New York announced the formation of the Second District Advisory Council (SDAC or Council), a private-sector group sponsored by the New York Fed. The first meeting of the SDAC will be March 5, 2020. The Council is being formed to supercede two advisory groups that have been sunsetted - The Upstate New York and Regi  more

NEW YORK, March 4 -- The Equal Employment Opportunity Commission issued the following news release: * * * - Former Plant Manager Bullied Employees, Then Fired Employee Who Complained, Federal Agency Charged * * * Porous Materials, Inc., an Ithaca, N.Y., manufacturer, will pay $93,000 and furnish other relief to settle a race, sex, and national origin harassment and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According  more

WASHINGTON, March 6 -- The U.S. Department of State issued the following news release: The United States celebrates the 50th Anniversary of the Treaty on the Non-Proliferation of Nuclear Weapons and applauds its many milestones over the years in making the world a safer and more prosperous place. President Trump issued a statement highlighting the success of the U.S. commitment to the NPT. The United States, together with other depository states, the United Kingdom and the Russian Federation,   more

KINGS POINT, New York, March 7 -- The Maritime Administration's U.S. Merchant Marine Academy issued the following news release on March 6: The USMMA Coronavirus Response Team meets regularly to discuss issues concerning the challenging and rapidly-evolving health environment surrounding COVID-19 Novel Coronavirus. As stated previously, safety, health, and peace of mind are our primary concern during this challenging time, and we want you to be aware of the precautions we are taking, and the pr  more

KINGS POINT, New York, March 6 -- The Maritime Administration's U.S. Merchant Marine Academy issued the following news release: On Tuesday, March 17th, the United States Merchant Marine Academy (USMMA) Regimental Band, "George M. Cohan's Own," USMMA Color Guard, and Regiment of Midshipmen will march in New York City's 259th St. Patrick's Day Parade. This year's Grand Marshall is James T. Callahan, General President of the International Union of Operating Engineers (IUOE). The parade, which is  more

WASHINGTON, March 5 -- The U.S. Department of Agriculture's Animal and Plant Health Inspection Service issued the following news release: The U.S. Department of Agriculture (USDA) is allocating $1.6 million to New York as part of its effort to strengthen the nation's infrastructure for pest detection and surveillance, identification, and threat mitigation, and to safeguard the nursery production system. Overall, USDA is providing almost $70 million in funding this year to support 386 projects i  more