Issue Number One
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The pandemic saw a boom in Black-owned businesses. What will happen to them if there’s a recession?

The pandemic saw a boom in Black-owned businesses. What will happen to them if there’s a recession?

by Mariam Kiparoidze | Jun 10, 2023 | Economy, Jobs

Photo by Microsoft 365 on Unsplash Imani Watts and Alex Hadley, both 24, had always been interested in thrifting and fashion. In the spring of 2020, they had a chance to take over a space where a thrift shop had to shut down because of the pandemic, and turned their...
Five Things to Watch as the Personal Income and Outlays Report Comes Out

Five Things to Watch as the Personal Income and Outlays Report Comes Out

by Mariam Kiparoidze | Apr 28, 2023 | Economy, Personal Income

Photo by Alexander Grey on Unsplash After beginning this year hot, the economy began to slow in February, with U.S. consumers spending less and inflation easing. On Friday, The Bureau of Economic Analysis will release its Personal Income and Outlays report, showing if...
Consumers are spending less as inflation decelerates

Consumers are spending less as inflation decelerates

by Mariam Kiparoidze | Apr 1, 2023 | Economy, Inflation, Personal Income

Photo by Nathan Dumlao on Unsplash U.S. consumers are spending less compared to the beginning of the year, while inflation eases, a sign of relief for the monetary policymakers trying to cool off the economy that started the year strong. Consumer spending increased by...
Young American borrowers are struggling to pay credit card debts

Young American borrowers are struggling to pay credit card debts

by Mariam Kiparoidze | Mar 22, 2023 | Economy, Featured, Newest, Personal Income

Image via Pixabay Money was never discussed in Fernando’s family, when he was growing up and as an adult he never had to think about finances. So it was a surprise to find himself unable to pay his credit card debt at 26, when he had just quit his $45,000 job and...
Inflation Accelerates As Consumers Keep Spending More

Inflation Accelerates As Consumers Keep Spending More

by Mariam Kiparoidze | Mar 1, 2023 | Economy, Personal Income

Photo by Allef Vinicius via Unsplash.   Prices are rising and Americans are spending more again, suggesting that the economy is still strong and the Fed might have to raise borrowing costs more to halt the inflation spike.  Friday’s report from the Commerce...

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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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