The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic … Read more
Luigi Mangione appears in Manhattan Supreme Court for a suppression of evidence hearing in the killing of United Healthcare CEO Brian Thompson, Dec. 2, 2025. Curtis Means | Via Reuters A Minnesota man was arrested after allegedly showing up Wednesday night at a New York federal jail claiming to be an FBI agent and saying … Read more
Starbucks is expected to release a long-term forecast and share more details about how it plans to hit those financial targets at an investor presentation held in New York City on Thursday. When Starbucks suspended its outlook in October 2024, its long-term forecast projected global same-store sales would grow at least 5%, revenue would climb … Read more
The U.S. work week opened with yet more snow dumping on the Northeast under the tail end of a colossal winter storm that brought ice and power outages, impassable roads, canceled flights and frigid cold to much of the southern and eastern United States. Deep snow — over a foot (30 centimeters) extending in a … Read more
credit – Campbell Jensen Of all the challenges Zohran Mamdani will face taking charge of the biggest city in the US, shootings isn’t one of them, as the Big Apple recorded fewer in 2025 than any year on record. “In 2025, New York City recorded 688 shooting incidents, the lowest number in the city’s … Read more
Confetti in Times Square January 1 by Anthony Quintano / Flickr (CC BY 2.0) As the famous New York City ball dropped downward to deliver 2026, a deluge of hopes, dreams, and wishes rained down in Times Square. I wish for more love and kindness in 2026… I wish for a good year with good … Read more
Zohran Mamdani is sworn in as New York City’s 112th mayor by New York Attorney General Letitia James, left, alongside his wife Rama Duwaji, right, in the former City Hall subway station on January 1, 2026 in New York City. Pool | Getty Images News | Getty Images Zohran Mamdani was sworn in as New … Read more
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses. Inflation-weary consumers have pulled back their restaurant spending, choosing to eat at home or chasing deals when they go out for a meal. While some restaurants have won over reluctant diners, the … Read more
Mortgage rates are lower, home prices are easing, and there is more supply on the market for sale. All of that adds up to improved affordability for today’s homebuyers. Saving for a down payment, however, is still the biggest hurdle for first-time buyers. Prices nationally are basically flat compared with where they were a year … Read more
A traveler near a departures board at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Monday, Nov. 24, 2025. Victor J. Blue | Bloomberg | Getty Images Airlines are letting flyers change their trips ahead of a major winter storm that will put carriers to the test during one of the busiest … Read more