Business

Skyrocketing rents pain tenants as inflation rises

Busà Photography/Getty Images (NEW YORK) — When the pandemic struck and tourism dried up, Gerardo Vidal, a New York City tour guide, lost nearly all of his income, he said. Vidal, who lives in a one-bedroom apartment with his wife and two children in Corona, Read More

US economy shrank 0.9% in second quarter

Anton Petrus/Getty Images (WASHINGTON) — The U.S. economy shrank 0.9% in the second quarter of this year, the Commerce Department reported Thursday morning, marking the second quarter in a row that the nation’s gross domestic product (GDP) has declined. The Read More