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 Jonathan Custodio and Harry Siegel |thecity.us |Editorial credit: Bob Korn / Shutterstock.com Ahead of the Feb. 14 deadline for voters to pick a party affiliation in time to vote in June’s New York City primary, socialist mayoral candidate Zohran Mamdani has been racing to get his supporters registered as Democrats — and one group opposed to […]