Tag: economy

Consumer Prices Rise Again to 8.5% as Inflation Hits New 40-Year High

U.S. inflation soared to a 40-year high last month as geopolitical tensions drove up energy prices and supply chain hurdles compounded price pressures driven by consumer demand.  The Consumer Price Index rose 8.5% in March from a year earlier, overshooting the Dow Jones economists’ prediction that consumer prices would rise […]

Five things to watch for in March’s durable goods report

The US Commerce Department will publish its March durable goods advanced report Tuesday at 8:30 a.m. EST. Economists are spread wide on what they expect to see since February’s report was the first significant decline in more than a year. Here’s what to watch for: Slow growth and possible recession […]

Plan to rent a car soon? It’s best to start your search early

An unexpected cross-country trip wasn’t something Jenavy Castro-Hernandez thought she and seven other family members would be doing, but when her uncle’s job sent him to New York, they packed their things, ready to meet him there by March 14. Arranging five children and three adults into her aunt’s old […]

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 […]