by Ana Teresa Solá | Apr 4, 2022 | Featured, Manufacturing
William Somerville opened his coffee shop Social House Café in Williamsburg, Brooklyn, the week before the coronavirus lockdowns began in New York in March 2020. Two years later, after grappling with COVID-19, he’s facing a new challenge: inflation. Costs are up from...
by Molly Boigon | Feb 24, 2022 | Economy, Featured, Housing
Housing prices in the nation’s largest cities increased last year at the fastest pace in three decades, though rising mortgage rates could cool the red-hot market this year. National home prices rose by 18.8% from a year earlier, according to the S&P CoreLogic...
by Brianna Monsanto | Feb 23, 2022 | Economy, Featured, Retail Sales
The Omicron variant made its rounds across the country in January, causing a number of employee shortages and shortened shopping hours. Yet, consumers continued to spend. Retail sales rose 3.8% in January from December, a bigger gain than economists expected. Sales...
by Olivia Morley | May 19, 2021 | Economy, Featured, Retail Sales
The last few weeks have been busy for Eleni Tziouvaras, who owns Goleta, California-based E Salon. Tziouvaras’ business contracted at the beginning of the pandemic, slashing her income by 90 percent to $15,000 in 2020. Now, with restrictions on businesses being lifted...
by Angela Palumbo | May 18, 2021 | Economy, Featured
Ethan Paris, 23, was a college student at SUNY Oneonta when the pandemic hit. Before lockdown, Paris went to classes, hung out with his friends, and spent most of his spare time playing video games. When the pandemic sent the country into a lockdown, Paris moved back...
by Jessica Lerner | May 10, 2021 | Economy, Featured
Hiring slowed sharply last month, a sign of the uneven economic recovery as companies scrambled to find enough workers in the face of surging consumer demand. The economy added a disappointing 266,000 jobs in April, far below economists’ projections that about 1...