Buying a home is the dream of hundreds of New Yorkers burdened by rising rents in the Big Apple, in addition to local taxes that suffocate the finances of low- and moderate-income families. BUT HOW FEASIBLE IS IT TO REALIZE THAT GREAT DREAM AT A TIME WHEN INFLATION REACHED ITS HIGHEST RATE IN FOUR DECADES? … Read more
NEW YORK – The New York Stock Exchange (NYSE) on Monday appointed a new president, Lynn Martin, who becomes the second woman to run the trading floor in its more than two centuries of history, and reinforced the presence of senior executives in its Dome. Martin, 46, until now Head of Fixed Income and Data … Read more
First was Dollar Tree, the discount store that has been a lifesaver for low- and moderate-income families looking for inexpensive products. The chain had managed to keep its $ 1 bid for supplies as varied as school supplies, cleaning supplies, groceries, kitchen utensils and cosmetics, even seasonal decor and tools, but eventually inflation caught up … Read more
The holidays are coming up and millions of New Yorkers are preparing to travel by road to reunite with their families this Thanksgiving, but all that joy may be tarnished when you stop to fill up. Gasoline prices hit their highest price in the past seven years leading up to the holiday weekend, according to … Read more
NEW YORK – Annual inflation in the United States reached its highest level in 13 years in September, standing at 5.4%, raising concerns about a rise in prices that the Federal Reserve expected to be transitory and that on the contrary persists. The Consumer Price Index (CPI) released this Wednesday by the Bureau of Labor … Read more