NEW YORK— New York City will spend $127 million in public and private funds on programs designed to help young black and Latino men. Billionaire Mayor Michael Bloomberg will kick in $30 million from his foundation and hedge fund manager George Soros will match that amount, according to the mayor’s office. The remaining $67.5 million […]

NEW YORK-Cathie Black, New York Mayor, Mike Bloomberg’s, choice for New York City schools chancellor has resigned after a lot of pressure and controversy and a 17% approval rating. Black was a former magazine executive with no experience in education. The New York Times reports: Ms. Black will be replaced by Deputy Mayor Dennis M. […]