Financial Focus: Why Not Lower Interest Rates for a Janet 401k Bump?

Neighborhood Notes: Free Immigration Service

By ANTHONY RIVIECCIO

Federal Reserve Board Chair Janet Yellen believes our economy is strong. She believes that good jobs are being created and that we don’t want to get too strong because in her opinion, if we do then she has to make interest rates higher- so the economy can cool down. She wants the Fed to start this process, of raising interest rates, as early as September. Yellen, and the Board, have said their number one target would be inflation. According to Yellen, if we go over two percent inflation” then we are going too fast. Well, firstly, I come from the

Dear Fellow Readers, After four weeks on a nice break, the print version of the Norwood News is back with plenty of community news you can use. We begin with page one and some news on a possible homeless shelter arriving to the neighborhood. This hasn’t sit well with residents who want the New York City Department of Homeless Services to reconsider a site on Webster Avenue, directly across the street from a public school. Read about the alternative location DHS is looking at and why it’s a viable and realistic option. We then spend pages two and three talking about

This week we asked readers if they plan on voting for Mayor Bill de Blasio in the upcoming election and whether they believe his proposed millionaire’s tax would bring enough funds to overhaul the New York City transit system. I can’t recall if I voted for him initially, but I don’t think I’d vote for him now because I feel he’s a little biased overall, even though his wife is a woman of color. I think he’s a biased person and I don’t think he does enough for the community. The tax would have to be substantial. But would the

On a drizzly Monday morning, several hundred mourners gathered to pay their respects for Andrew Sandler, the former district manager for Community Board 7 who had died two days before. It was hard to peg the numbers. There were 200, perhaps close to 300 people at Sandler’s funeral, with elected officials on the city and state level personally paying their respects. The large numbers seemed to reflect the respect he carried across communities of Norwood, Bedford Park, and Riverdale. It could also be what Sandler symbolized: the unsung heroes who operate in government. Sandler was cut from that cloth, spending

Candidates Spar in Sixth Debate for 13th Council District Seat

By DAVID CRUZ

The candidates presented Democratic platforms at the sixth debate in the race for the 13th Council District seat, which covers the east Bronx.

Shelter May Come to Norwood. But Site Still Pending

By DAVID CRUZ

The possibility of a shelter has drawn ire from community stakeholders who prefer a shelter anywhere except a carpet store on Webster Avenue.

M&T Bank Unveils Mural at Fordham Branch

The mural sponsored by M&T Bank can be found at the bank chain’s newest branch on Grand Concourse in the Fordham section of the Bronx.

Crime File: Who’s Wanted in the Bronx?

Bank Robbery A bank robbery suspect is on the run after passing a note to a teller, getting the money, and fleeing in a motorized handicap scooter in Fordham. Police say the incident happened at the Banco Popular at 301 E. Fordham Road on Aug. 2 just before 3 p.m. The suspect passed a note to the teller demanding money. The teller did what they were told and gave an undisclosed amount of money to the thief, who sped off in the scooter heading westbound on East Fordham Road. The suspect is described as black, 50 to 55 years old,

In Forum for 14th Council District Seat, Incumbent a No Show

By WENDY JOAN BIDDLECOMBE

Councilman Fernando Cabrera couldn’t make it to a forum that would have seen him defending why he should remain the representative for the 14th Council District. Instead, he was represented by a portrait of him. The Northwest Bronx Community & Clergy Coalition held the forum at Monroe College, with residents in the district getting better acquainted with the two men challenging the incumbent ahead of the Sept. 12 primary. Randy Abreu, a lawyer who briefly worked for the U.S. Department of Energy under former President Barack Obama, and Felix Perdomo, a teacher who was born in the Dominican Republic, are