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Search Result: Great Recession

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Budget Shortfall Forces NYPD to Cancel January Recruit Class

November 6, 2008
The city is going to cut the work force by 3,000 - including some 500 layoffs - and cancel January's Police Academy class to deal with a two-year budget gap that has grown from $2.3 billion to $4 billion, an administration official said yesterday.

Brace for Impact

November 1, 2008

Some homeowners upside down in their mortgages have just walked away, leaving their properties to the bank. An abandoned home is bad news. It draws criminals like dead critters draw vultures.

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