Other News

Flower wholesaler Ashok Komar stands outside his shop

New development chokes historic flower markets

Since he opened his flower business 18 years ago, Ashok “AK” Komar has watched storefront after storefront empty from this block of Manhattan. Pointing through the tall tropical plants for sale to businesses up and down the street, Komar, 41, lists out each flower wholesaler gone dormant. It’s easy to […]

Wide-Reaching Raise in Wages Causes Deep Divide Among Workers

By the time Yolanda de Jesus gets home each night, dinner is long over and her daughter is often asleep. She and her husband have fought over her long hours, and both worry she is missing her daughter’s childhood.    De Jesus works in a nail salon in Manhattan, and […]

Paper Tariffs Threaten Struggling Newspaper Industry

As a film reviewer at the Tampa Bay Times for 25 years, Steve Persall had a front-row seat to the winding melodrama of layoffs, buyouts and closures in the American newspaper industry. He’d kept his job through the Great Recession, the shift from print to online and consolidation after the […]

Trade Deficit Narrowed for the First Time in Six Months

The U.S. trade deficit in March narrowed for the first time since September, and experts say it might keep narrowing in the future. The goods and services deficit in March was $49.0 billion, down 15.2 percent from February , according to a report released by the Department of Commerce Thursday. Exports […]

5 Things to Watch in the March Personal Income and Outlays Report

The Bureau of Economic Analysis will release the Personal Income and Outlays indicator for March on Monday morning. Economists are expecting modest wage growth and spending, but remaining hopeful that consumption will soon pick up. Over the last six months, disposable income has risen, while consumption has lagged following hurricane […]

5 Things to Watch for in March’s Durable Goods Report

The U.S. Commerce Department is scheduled to release its monthly durable goods report on Thursday. The report will cover business investment data derived from March. Over the past few months, prior reports have shown high fluctuations between new orders and shipments, but economist expect U.S. durable goods will continue to […]

Five Things to Watch in Tuesday’s Case-Shiller Home Prices Report

Standard & Poors will release its monthly Case-Shiller report Tuesday, which surveys existing single-family home prices. The report, which lags by two months, will cover housing market data from this past February. Over the past several months, this report has shown home prices rising continually across the country, and the […]

Five Things to Watch in Tuesday’s Housing Starts Report

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development will release their report on the country’s new residential construction for March on Tuesday morning. Economists expect a slight increase in the rate new construction, following the trend of the sector’s steady recovery from the 2007 crash. […]

Five Things to Watch in March Retail Sales

This morning the Commerce Department will publish its count of all the retail products and services sold in March. Here are five things to look for when the numbers are released at 8:30 EDT. 1. Auto sales will accelerate… but not too fast Motor vehicle sales are 20 percent of […]