When Natalie Anderson looked at a one-bedroom apartment in one of the new residential towers in Hudson Yards, on Manhattan’s West Side, she recognized it […]
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As They Struggle to Cope with High Rates of Sexual Harassment, Many Servers Fear Losing Their Tips
The man was a regular. Once a week he would come into the bar where Peggy Olsen worked, order a drink, and leave her a […]
The Costs Of Being Old Outpace Social Security
Maria Gamez’s monthly Social Security check went up one dollar this year. “Luckily, I haven’t gotten really sick,” she said, “if I have a headache […]
Demand for US Durable Goods Increased to 3.1%, Surpassing Economists’ Expectations
New orders for US durable goods increased more than expected last month, indicating business investments have begun to pick-up after a slow economic start. New […]
Auto Sales Keep Retail Economy in Reverse
Soft auto sales dragged down overall retail sales in February and consumers did not spend enough to pick up the slack. Retail sales decreased by […]
Housing Starts Down as Builders Can’t Meet Demand
Construction of new homes declined more than expected in February, a result of a steep drop in multi-family construction. February’s housing starts were down 7 […]
Increasing U.S. Oil Production Leads To Steadily Creeping Gas Prices
photo by Bernhard Benke, used under the CC BY-NC-ND 2.0 license U.S. inflation continues its steady upward trend as the Fed gets ready to increase interest rates […]
U.S. Trade Deficit Balloons to Highest Level in 10 Years, but Tariffs Are Not the Solution
The U.S. exported fewer goods in January than in December, the first decrease in four months, but it hardly justified President Trump’s tariff plan. The […]
Sluggish Wage Growth Will Likely Continue, Economists Say
The February jobs report to be released tomorrow should answer analysts’ biggest question: are workers finally seeing sustained wage growth, or is low workforce participation […]
Demand for US durable goods down by 3.7%, Economists indicate no need to panic
New orders for durable goods placed fell in January, indicating a slow economic start for business investments this year. According to a report released by the […]