Financial Focus: Are We In For An Economic Crash?

By PROF. ANTHONY RIVIECCIO, MBA, PFA

So what is inflation? In simple terms, it is prices going up. In longer term measures, it is defined as a sustained increase in the general level of prices for goods and services in a county, and is measured as an annual percentage change. Put differently, as inflation rises, every dollar you own buys a smaller percentage of a good or service. How do we measure it: through a tracking stock called the Consumer Price Index (CPI). According to our government, the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly and annual basis. According to

By DAVID GREENE

This week we asked readers their thoughts on the dramatic changes to the weather as well as plans for the unofficial start of summer. I don’t know, you just have to dress for this crazy weather, that’s the best way to deal with it. I think we’re going to get a very hot summer. I’m a music artist, so I’ll be working on my music a lot over the summer and I’ll make a record. Other than that, the summer is all about the family. Eli Staxx Norwood I don’t even want to talk about it. Yesterday it was mad

Latest Edition of the Norwood News is Out!

By DAVID CRUZ

Dear Fellow Readers, The latest edition of the Norwood News, covering Bronx communities, is out this week! Check out these stories put together by our dedicated interns and freelancers that can get the conversation going across the Bronx. We begin, of course, with page one! The uncommon fatal shootings of two people in the Norwood section of the Bronx prompted it to be our front page. Read the story of 37-year-old Dwayne Saunders, shot to death in broad daylight. Read what the local commander for the 52nd Precinct has to say about these rarer homicides in Norwood. Other stories include the

Neighborhood Notes: Free Immigration Service

By VNSNY

Cramped apartments, amazing skyline views; train delays, a city that never sleeps; suffocating crowds, neighborhoods bursting with cultural diversity – New York City is a place of extremes and our lifestyles and careers are often shaped and impacted by its unique benefits and challenges. For NYC homecare nurses, the adage “There’s No Place Like Home” rings especially true as the communities where they live and work have an enormous impact on the way they deliver care to the city’s most vulnerable populations. May 6th through 12th is National Nurses Week, a time set aside to recognize the men and women who dedicate their

By PROF. ANTHONY RIVIECCIO, MBA, PFA

Did you know that President Donald Trump and the federal government are ready to tear down ten years of financial law. So now your financial representative does not have to work “in your best interest”? Last month, a federal court stuck down a portion of the Dodd-Frank Act that applied to “retirement” plans. While the law allows the Securities & Exchange Commission to govern, because they have been absent to respond, the government, through it’s Department of Labor and ERISA laws put the fiduciary doctrine in place to protect America’s retirement plans. Now, with the court shutting down the law

By DAVID GREENE

With the naming of Stan Brezenoff as interim chairman of the New York City Housing Authority (NYCHA), we asked residents at local housing complexes the specific problems in their buildings and solutions to the bureaucracy of living in a city-run housing complex. The staircases look like crap. I’ve been here 14 years and they were messed up since I got here. We have rats and mice running around. Maintenance is not doing their job and the residents don’t really care as long as they make it through another day. It’s terrible here. Joseph Liborsi Fort Independence Houses (Kingsbridge) They

By DAVID CRUZ

Dear Fellow Readers, The latest edition of the Norwood News, covering Bronx communities, is out this week! Check out these stories put together by our dedicated interns and freelancers that can get the conversation going. We begin, of course, with page one! The political season came early this year as a special election impacting Norwood happened on April 24, with Democrat Nathalia Fernandez becoming the interim Assembly Member for the 80th Assembly District. Learn Fernandez’ goals and whether others are gunning for the seat. It will be interesting to see who throws their hat into this seat. Other stories include the

Norwood News Wins Four Prizes at NYPA Awards

By THE NORWOOD NEWS

Four awards went to the Norwood News took by the New York Press Association (NYPA), the best number in recent memory. David Cruz, editor-in-chief of the paper, took home a First Place prize in the News Story category at the Better Newspaper Contest, for his piece on rent histories questioned by a nonprofit housing advocacy group. The story was written in March. Judges called the story, “Fundamental reporting at its best.” Though the prize put him at the top, it was Adi Talwar’s Third Place award for Photographer of the Year that stood out. Talwar beat out 17 other photographers

By DAVID CRUZ

Dear Fellow Readers, The latest edition of the Norwood News, spanning the northwest section of the Bronx, is out with its latest edition for 2018! There is tons of news to cover so let’s get right into it! Our front page story focuses on Bailey Houses, part of the stock of troubling properties owned by NYCHA. The chair of the New York City Council’s public housing committee visited the Kingsbridge complex, finding conditions problematic. Her visit came as the agency’s chair announced her resignation. Read what tenants have to say about the lumbering repair process. The timing will shock you.