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NEW YORK – Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday.The benchmark index notched a modest 0.2% gain to beat its previous record high set on Feb. 19, before the pandemic shut down businesses around the world and knocked economies into their worst recessions in decades.The S&P 500′s milestone caps a furious 51.5% rally that began in late March.Tremendous amounts of aid from the Federal Reserve and Congress helped launch the rally, which built momentum on signs of budding growth in the economy. 616

NEW YORK – Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday.The benchmark index notched a modest 0.2% gain to beat its previous record high set on Feb. 19, before the pandemic shut down businesses around the world and knocked economies into their worst recessions in decades.The S&P 500′s milestone caps a furious 51.5% rally that began in late March.Tremendous amounts of aid from the Federal Reserve and Congress helped launch the rally, which built momentum on signs of budding growth in the economy. 616

New research shows women are more optimistic about aging and retirement than ever.Jane Lafave is using retirement to follow her passion. She volunteers at a refugee resettlement agency, making sure people are prepared when applying for jobs.Ironically, it took her leaving her job, to be able to do this.“My whole career really was balancing my children and my husband, you know, my work and all that kind of thing,” Lafave says.Lafave spent decades working as a certified public accountant, and she retired at the age of 57.“It was just time,” she says. “I needed more time and space in my life to do things other than work.That led her to the Ignatian Volunteer Corps, which placed her at the African Community Center.For two days a week, she helps refugees adjust to life in a new country.“This is just a great gift for me to serve other people who have had a much harder life than I’ve had,” Lafave says.Lafave isn't alone.A new survey from TD Ameritrade found women are increasingly viewing their retirement years with optimism.“The Women and Aging Survey” found 62 percent of women said retirement will be, "the most liberating phase of my life," and 72 percent said after years of focusing on others, aging finally gives them an, "opportunity to focus on myself." Eighty-three percent said aging provides a fresh chance to "reach new goals."Nearly 9 of 10 women surveyed said, 'it's important to me to retain a sense of higher purpose as I age.“I feel that this is my time in life to give back,” Lafave says.That's what she is doing here.“I think that's one of the gifts of age is that we've become much more aware of purpose and the time is short and we need to use it.” 1686

NEW YORK (AP) — A statue of late Supreme Court Justice Ruth Bader Ginsburg will be built in her native Brooklyn. New York Gov. Andrew Cuomo announced the memorial Saturday. Ginsburg died Friday of complications from metastatic pancreatic cancer at age 87. A legal trailblazer and champion of women’s rights, she became the high court’s second female justice in 1993. Cuomo, a Democrat, said that he’ll appoint a commission to choose an artist and oversee the selection of a location for the statue. Ginsburg was born in Brooklyn in 1933 and grew up in the borough’s Flatbush neighborhood. 596

NEW YORK — New York City Mayor Bill de Blasio grabbed a roller Thursday and helped paint the words "Black Lives Matter" front of the namesake Manhattan tower of President Donald Trump.De Blasio was flanked by his wife, Chirlane McCray, and the Rev. Al Sharpton as he helped paint the racial justice rallying cry in giant yellow letters on Fifth Avenue in front of Trump Tower."We are liberating Fifth Avenue," de Blasio said. "We are uplifting Fifth Avenue."The NYC Department of Transportation closed off the avenue between 56th and 57th streets around 7 a.m. Thursday in preparation for the painting.The DOT said the block would remain closed to automobile traffic until Sunday, however, the bus lane will be operational sooner.The mural was originally set to be painted on July 2, but was postponed due to "logistics," de Blasio said at the time. Mayor de Blasio just arrived with @TheRevAl and @NYCFirstLady. Responding to President Trump’s remarks last week where he said #BLM mural will denigrate 5th Ave. Mayor said they are here to “liberate” it @PIX11News pic.twitter.com/Gfym3sTEqO— Andrew Ramos (@AndrewRamosTV) July 9, 2020 #BLM MIDTOWN MURAL: @NYC_DOT stenciling begins outside Trump Tower. @PIX11News @realDonaldTrump pic.twitter.com/WkOIH0fx2C— Anthony DiLorenzo (@ADiLorenzoTV) July 9, 2020 De Blasio first announced the mural in late June, saying it would be painted by Trump Tower on the famed avenue, that specific location selected for a reason."Painting 'Black Lives Matter; outside his home is a message to him that in fact black lives do matter, that black people built New York City and they've never been compensated for all they did," the mayor said.Dozens of cities across the country have painted similar murals on city streets, following in the footsteps of Washington, D.C.President Donald Trump has slammed the planned mural, calling it a "symbol of hate" in a series of tweets earlier in July.Trump claimed the mural would be "denigrating this luxury Avenue" and "will further antagonize New York's Finest."De Blasio fired back on Twitter saying, "Black people BUILT 5th Ave and so much of this nation. Your 'luxury' came from THEIR labor, for which they. have never been justly compensated.""We are honoring them. The fact that you see it as denigrating your street is the definition of racism," his tweets read.This story was originally published by Mark Sundstrom, Anthony DiLorenzo, Andrew Ramos on WPIX in New York. 2476