In ‘Little Athens,’ Greeks torn over debt crisis fix
Local News / Politics & Economics

In ‘Little Athens,’ Greeks torn over debt crisis fix

For residents of New York’s “Little Athens,” Greece‘s debt crisis hits close to home. Signs written in Greek and blue and white flags pepper Ditmars Boulevard in Astoria, but beneath the loyalty and pride on the streets of the Queens neighborhood, there’s an uneasiness about Greece’s future. If public sentiment here is any indication, Greeks … Continue reading

Refinery Strikes Had Little Impact on Gas Prices That Will Continue to Fall
Politics & Economics

Refinery Strikes Had Little Impact on Gas Prices That Will Continue to Fall

Some experts speculated that the United Steelworkers strike, the largest oil refinery strike in over three decades, would send gas prices upward. But after six weeks, the strike is essentially over and gas prices are set to fall again. Right before the strike ended, Fitch Analytics released a report saying that the strikes could send … Continue reading

Personal Income, Spending Rates Fall Short
Politics & Economics

Personal Income, Spending Rates Fall Short

Personal income grew less than expected and personal spending decreased more than expected in January. Still, both indicators are faring better on a year-over-year basis. The January report, released by the Bureau of Economic Analysis, disappointed economists who hoped recent increases in wages and total number of jobs would translate into a growth in personal … Continue reading