By: Chris Tobias New York City is grappling with a dual economic challenge: persistent inflation that has driven consumer prices up nearly 22% since 2019, and a job market showing early signs of instability. For working-class New Yorkers, rising costs for essentials like food and transportation are straining household budgets, while the specter of slowing […]
By: Chris Tobias New York City stands at a precarious economic crossroads, contending with stubborn inflation, uneven wage growth, and the first signs of job losses since the pandemic’s recovery period. While national inflation has cooled, the city’s cost of living continues to climb—driven in part by lingering effects of Trump-era tariff policies that disrupted […]
By Rob Book, THE CONVERSATION | Editorial credit: Natursports / shutterstock.com When a young athlete is drafted into the NBA – as 58 players were on June 22, 2023 – it is often seen as a life-changing event. The money makes it so. Salaries for first-round draft picks this year are projected to range from about $2.4 million at the low […]
By Greg David, THE CITY | Editorial Credit: Leonard Zhukovsky / shutterstock.com At last week’s rally at Madison Square Garden, Donald Trump yet again pledged to “launch the largest deportation program in American history.” According to him, deporting millions of immigrants, including those who are undocumented and those who are here legally, will free up millions […]