New York

For years, New York City has been demanding more money for its schools. The money's finally come through, and the chancellor says he's planning to spend a big chunk to reduce class sizes. Alisa Roth reports.

Tonight 30 NBA teams will select 60 players to join their ranks. It'll be televised in 115 countries in 18 languages, and some of the newest NBA ballers will be foreign themselves. It all adds up to some nice global padding on the bottom line, Jill Barshay reports.

New York City has made the list. It's reached a deal to be added to a select group of U.S. tourism destinations allowed to promote themselves to Communist China's booming middle class. They have cash and they're ready to travel, Scott Tong reports.

Starting July 1, some restaurants in New York City will have to display calorie counts in type as large as the menu items themselves. The state's restaurant association has filed suit, saying the rule change is unfair. Alisa Roth reports.

JP Morgan Chase said today it's moving back to Lower Manhattan at the World Trade Center site. Officials hope it will lure other businesses to locate there, too. But Alisa Roth reports the bank didn't come cheap.

A New York nonprofit group is serving as a guardian for persons who for reasons of age, illness or disability can't care for themselves. It's good for the people — and the state, too. Alisa Roth reports.

New York City's comptroller says the Big Apple would net $142 million during the first three years of legalized gay marriage, mainly from the uptick in visitors attending the nuptials. Ashley Milne-Tyte reports.

In dense urban areas where housing prices are rising dramatically, corner stores are seeing a lot of new faces. Lisa Chow takes a look at New York markets on the leading edge of gentrification.

Commentator and New York City renter Doug Cordell is here to tell you that the falling housing market has its wider impacts. Like, having to share a place with a guy singing arias in an open bathrobe.

Congressional Democrats announced their 2008 budget plan, totalling $2.9 trillion. But is it worth the reams of paper it's written on? Budget watcher Maya McGuineas takes a look at the details with Kai Ryssdal.