New York Freezes Rents for One Million Regulated Apartments in Landmark Housing Decision
New York City has approved a rent freeze for nearly one million rent-regulated apartments for up to two years, delivering on a major campaign promise made by Mayor Zohran Mamdani. In a 7-1 vote,...
U.S. Inflation Expected to Hit Three-Year High in May
The annual rate of U.S. consumer inflation is expected to accelerate to 4.2% in May, marking its highest level in three years, according to economists surveyed by Reuters. Rising energy prices, driven by tensions...