By: Jose M. Reyes Taveras |Photo courtesy: Mayor’s Flickr New York City has reached a historic record number of small businesses while expanding access to seed capital, loans, and contracts for entrepreneurs. The heartbeat of the neighborhoods From the corner bodega to the local restaurant and beauty salon, small businesses are the backbone of everyday […]
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: Chris Tobias New York City is contending with stubborn inflation, slowing job growth, and the lingering economic fallout from Trump-era tariffs that disrupted supply chains and pushed prices higher. For residents already grappling with steep housing, food, and transit costs, these pressures threaten to erode both financial stability and economic opportunity. In this challenging […]
By Brian Figeroux, Esq. New York City’s economy in 2025 is a city of contradictions. Wall Street profits have soared, tech startups are thriving in hubs like Brooklyn’s Industry City, and tourism has roared back after pandemic-era slumps. Yet for hundreds of thousands of non-white New Yorkers, the reality of daily work remains precarious: unstable […]