Feeling the squeeze: Some dry cleaners in NYC forced to fold
More New Yorkers have been working from home and keeping it casual, hurting the bottom line.
Watch CBS News
More New Yorkers have been working from home and keeping it casual, hurting the bottom line.
As of June, it's the most expensive U.S. city, with an average rent of $5,500.
This is for customers enrolled in the Energy Affordability Program.
Even the least expensive items at bodegas and shops around New York City are getting hit.
The report found, on average, rentals that were listed in 2020 or 2021 and re-listed in Q2 of 2022 showed a 20.4% increase in asking rents per year.
Tech companies are expected to announce their second quarter reports, as the Federal Reserve considers raising interest rates again.
The nationwide average for a gallon of regular plunged to $4.36 per gallon.
A total of $7,500 in free gas went out to residents.
AAA says the national average for a gallon of regular is $4.41, down from its high of $5.01 on June 14.
As inflation puts the squeeze on, some people are looking for creative ways to boost their income.
An ACC representative says the top reasons pets are surrendered include financial issues and housing issues.
The newest figures are raising some serious concerns about our economy.
Data from the Labor Department shows consumer prices rose 9.1 percent from a year ago, the fastest pace since 1981.
Many owners say they are making drastic changes to how they operate or closing down for good.
Bill Pantano says he can't evict the tenant because of the state's Emergency Rental Assistance Program, even though the eviction moratorium expired months ago.
The state's Department of Community Affairs is now accepting pre-applications online through July 22.
The average price at the pump is down 24 cents over the past month, but it's $1.66 higher than it was one year ago.
The former will rise 3.25 percent and the latter will go up 5 percent, following 5-4 vote Tuesday night.
Move comes in an effort to put the breaks on rising costs, but it means loans and credit cards will cost more.
President Biden is now calling on oil refineries to increase supply and to worry less about high profits.
Markets tried to shake off Monday's massive losses. On Tuesday, the S&P 500 fell yet again.
According to AAA, the entire Tri-State Area is seeing record high prices so far this weekend.
U.S. inflation has hit a new four-decade high.
Drivers across the Tri-State Area continue to feel the squeeze at the pump.
The national average for a gallon of regular reached $4.87 on Monday. It's even more expensive in the Tri-State Area.