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Reducing the safety net will hurt low-income children

Reducing the safety net will hurt low-income children

by Carmen Reinicke | May 14, 2018 | Economy, Featured, Newest

A few years ago, Arlene Nieves, 34, was struggling to get by as the single mother of three young sons. Over half of the $300 a week she made working at Publix, a supermarket chain in Sarasota, Florida, went to paying for childcare. She received food stamps but still...
5 Things to Watch in the April Retail Sales Report

5 Things to Watch in the April Retail Sales Report

by Carmen Reinicke | Apr 15, 2018 | Economy, Retail Sales

On Monday, the United States Census Bureau will release the advance monthly retail sales report, which shows consumer spending on retail trade for the month of March. The median analyst expectation is a 0.4 percent increase in consumer spending, to round out the first...
Ecommerce is Shifting Customer Service Jobs, But Not for the Better

Ecommerce is Shifting Customer Service Jobs, But Not for the Better

by Carmen Reinicke | Mar 28, 2018 | Economy

When Kamaria Mion got her job as a customer service associate at Quip, a subscription toothbrush startup, she was excited. The job paid a salary of $40,000 a year plus a bonus, a step up from the $13 an hour she had been making at another startup. In addition, the...
Retails Sales Slump in February, Showing Slowed Spending in 2018

Retails Sales Slump in February, Showing Slowed Spending in 2018

by Carmen Reinicke | Mar 19, 2018 | Economy

Retail sales fell for the second month in a row in February, signaling that consumer spending is slowing down in 2018. Retail sales declined a slight 0.1 percent in February, according to data released today by the United States Census Bureau. The report also revised...
Retail sales slow in January, driven by decrease in auto sales

Retail sales slow in January, driven by decrease in auto sales

by Carmen Reinicke | Feb 19, 2018 | Economy, Newest

Retail sales declined in January, failing to meet analysts’ expectations that growth would hold steady going into 2018 and signaling more cautious consumer spending. The monthly report from the U.S. Census bureau showed a 0.3 percent decrease in retail sales from...

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Welcome to Issue Number One

Welcome to Issue Number One, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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