There’s a tiny island called Yap out in the Pacific Ocean. Economists love it because it helps answer this really basic question: What is money? There’s no gold or silver on Yap. But hundreds of years ago, explorers from Yap found limestone deposits on an island hundreds of miles away. […]
Island
Staggering surge in LI unemployment claims A total of 52,390 Long Islanders filed last week, compared to 1,414 during the same week a year ago. 4:47 PM FDA approves LI firm’s rapid COVID-19 test Chembio Diagnostics is to begin shipping the blood test, designed to detect current and past coronavirus exposure, this […]