Tag: money

Why affordable apartments are hard to find in NYC

http://www.nytimes.com/2022/08/01/nyregion/nyc-affordable-apartment-rent.html Why It’s So Hard to Find an Affordable Apartment in New York There simply aren’t enough places to live, a crisis decades in the making and one that poses a threat to the city’s continuing recovery. By Mihir Zaveri Aug. 1, 2022 A half a century ago, city planners warned that New York had the potential to … Continue reading Why affordable apartments are hard to find in NYC →

Don’t expect big consumer brands to lower prices soon

http://www.wsj.com/articles/dont-expect-big-consumer-brands-to-lower-prices-soon-11658858815? Don’t Expect Big Consumer Brands to Lower Prices Soon Coca-Cola, Unilever and Kimberly-Clark say price increases helped them cover cost inflation, but they are watching how consumers respond Coca-Cola is among the companies reporting that demand for their products is still strong despite higher prices.PHOTO: GEORGE FREY/BLOOMBERG NEWS By Connor HartFollow Updated July 26, 2022 6:14 … Continue reading Don’t expect big consumer brands to lower prices soon →

Big cities (like NYC) having problems getting workers back to the office

https://www.wsj.com/articles/office-remote-work-new-york-11657130765? Big Cities Can’t Get Workers Back to the Office Occupancy is especially low in cities like New York, where workers are the engine of local economies Concerns about safety, including on public transportation, have contributed to a reluctance to go back to the office. By Lauren Weber, Peter Grant and Liz Hoffman / Photographs by Amir Hamja for The … Continue reading Big cities (like NYC) having problems getting workers back to the office →

Americans wasting no time in making changes, including small ones, in response to inflation

https://www.wsj.com/articles/americans-have-had-it-with-inflation-11656840601 Americans Have Had It With Inflation Consumers are cutting back on spending as they contend with historically high inflation By Rina Torchinsky and Sarah Chaney Cambon, July 3, 2022 5:30 am ET James Duffy used to frequent the coffee shop on weekends to enjoy an Americano and read a book. Then, rising inflation started to bite. Mr. Duffy, 25 … Continue reading Americans wasting no time in making changes, including small ones, in response to inflation →

Euro and dollar nearly equal — here’s why that matters

https://www.washingtonpost.com/business/2022/07/12/euro-us-dollar-parity/ The euro is nearly equal to the dollar. Here’s why it matters. By Aaron Gregg, Ellen Francis and Bryan Pietsch Updated July 12, 2022 at 5:36 p.m. EDT|Published July 12, 2022 at 4:18 p.m. EDT The euro and the U.S. dollar are exchanging at a nearly 1-to-1 rate for the first time in nearly two decades, when the European currency … Continue reading Euro and dollar nearly equal — here’s why that matters →

Supply chain disruption becoming synonym for the climate crisis

http://www.theguardian.com/business/2022/jun/11/climate-crisis-inflation-economy-climatenomics-book Climate crisis is ‘battering our economy’ and driving inflation, new book says Climatenomics lays out how ‘supply chain disruptions’ has become a euphemism for the effects of climate change A woman walks under an orange smoke-filled sky in San Francisco. Photograph: Brittany Hosea-Small/AFP/Getty Images Edward HelmoreSat 11 Jun 2022 04.00 EDT Forget Ukraine, coronavirus, corporate … Continue reading Supply chain disruption becoming synonym for the climate crisis →

Biden not to blame for inflation — opinion in the Wall Street Journal

https://www.wsj.com/articles/biden-federal-reserve-inflation-blame-american-rescue-plan-stimulus-supply-chain-covid-russia-ukraine-food-prices-transitory-11656447798? Biden Isn’t to Blame for Inflation Rather look to the Federal Reserve’s timidity and, yes, the war in Ukraine. By  Alan S. Blinder June 28, 2022 6:15 pm ET Republicans are engaged in a cynical game of pin the inflation on the donkey. Ask them about law-breaking at the highest levels of government or … Continue reading Biden not to blame for inflation — opinion in the Wall Street Journal →

America is growing apart, possibly for good

https://www.theatlantic.com/politics/archive/2022/06/red-and-blue-state-divide-is-growing-michael-podhorzer-newsletter/661377/ America Is Growing Apart, Possibly for Good The great “convergence” of the mid-20th century may have been an anomaly.By Ronald Brownstein The Atlantic JUNE 24, 2022SHARE It may be time to stop talking about “red” and “blue” America. That’s the provocative conclusion of Michael Podhorzer, a longtime political strategist for labor unions and the chair of … Continue reading America is growing apart, possibly for good →

The end of the Millennial lifestyle subsidy

The End of the Millennial Lifestyle Subsidy Something beyond rising energy and labor costs is leading to sticker shock on once-cheap urban amenities.By Derek Thompson Getty JUNE 13, 2022 Several weeks ago, I needed a ride home after some late-night drinks about two miles from my place in Washington, D.C. I pulled up the Uber app … Continue reading The end of the Millennial lifestyle subsidy →

Comparing online and in person grocery shopping

Notice that the price comparison below does NOT take into account the cost of gassing up or maintaining your car. Once that's taken into account the two online grocers come out way ahead. There's still transportation costs but they're included in the price. http://www.cnet.com/home/kitchen-and-household/is-it-cheaper-to-buy-groceries-online-than-at-the-store/? Is It Cheaper to Buy Groceries Online Than at the Store? … Continue reading Comparing online and in person grocery shopping →

1st in a trend — NYC offices converting to apartments

https://apple.news/Apxpi95-mTwy7enUCpLhylw Empty Wall Street Offices to Be Revived as Apartments 55 Broad St. in New York’s financial district will be turned into 571 apartments, one of the largest office conversions to be launched during the pandemic The conversion of 55 Broad St. to apartments comes as the remote-working trend is sending office vacancies soaring.PHOTO: REBECCA PICCIOTTO/THE … Continue reading 1st in a trend — NYC offices converting to apartments →

Fertility crisis in developed countries not limited to Japan

https://www.bloomberg.com/opinion/articles/2022-06-21/the-fertility-crisis-started-in-japan-but-it-won-t-stay-there? The Fertility Crisis Started in Japan, But It Won’t Stay There A declining population and plummeting fertility rate isn’t a unique Japanese phenomenon. All rich countries will contend with this crisis.  A wealth problem?Photographer: Kazuhiro Nogi/AFP/Getty Images By Gearoid Reidy June 21, 2022, 3:00 PM EDT Gearoid Reidy is a Bloomberg News senior editor covering … Continue reading Fertility crisis in developed countries not limited to Japan →