Nails in the Economic Coffin
Manicurists are biting their nails over the current economic downturn.
It may not be your ordinary economic indicator but spending at spas is down, according to customers and owners in Williamsburg.
Barber Says Obama is Heads Above
Not every New Yorker supports the hometown politician. Luis Cordova, a Dominican immigrant who runs an upper Manhattan barbershop, would like to see Barack Obama win the presidency.
Taste of Home Soured by Weak $
)
Prices are up at the Green Farms Supermarket, a Polish foods specialty store in Greenpoint, Brooklyn – and the weak dollar is to blame.
For customers in the heavily Polish neighborhood, getting a taste of much-misssed homeland delicacies is getting more expensive. Merchants, meanwhile, are ordering less goods and fear a dropoff in business. Sebastian Bednarski reports.
A Dollar’s Worth
)
The US dollar has steadily depreciated against major currencies in the last five years. Recently, the decline has been even sharper. In early November, the US dollar hit its lowest level against the euro since that currency’s debut in 1999. The value of the British pound is the highest its been to the US dollar in 26 years.
More »
