Business

Retailers shine a spotlight on Black-owned beauty brands

NEW YORK (AP) — When Rose Ingleton launched her own namesake skincare line two years ago, she couldn't break into the big chains and was forced to use her own funds and get financial help from family and friends.

Levi’s CEO on changing sizes, inflation and voter rights

NEW YORK (AP) — As Americans start to go out and update their wardrobes, jeans giant Levi Strauss & Co. is enjoying a resurgence in denim.

Waterline Square Announces Strong Velocity in First Half of 2021

NEW YORK, June 7, 2021 /PRNewswire/ -- Leading national developer GID Development Group today announced that Waterline Square, the three-building luxury residential development on Manhattan's Upper West Side, is celebrating a record first half of the year in sales and leasing volume, kicking off an impressive start to 2021. On the heels of closing more than 100 condominium sales in 2020, the waterfront development boasts 17 new signed contracts so far in 2021 valued at over $85M, with several more currently out for signature. Additionally, Waterline Square signed nearly 200 new leases since January. Waterline Square continues to be one of the top-performing new developments in Manhattan across the condominium and rental market.

Mortgage Rates Fell Below 3% Again. Here’s How Much Homeowners Could Save

Recently, mortgage and refinance rates haven’t made any big moves. “Rates are going to stay more or less fairly close to where they are…through the summer,” predicts Dick Lepre, senior loan advisor at RPM Mortgage. In the coming weeks and months, you should still be able to take advantage of the current mortgage interest rates. But over the course of the year, some experts expect rates to rise in 2021. “The upside risk to rates is, in my opinion, much higher, then the [possibility] of them dropping lower,” says Rich Swerbinksy, president and COO at Mortgage Collaborative.

Social Security Cost-of-Living Adjustments Aren’t Enough to Pay Higher Costs for Seniors

The Social Security Administration announced that the cost-of-living adjustment (COLA), which is an increase in social security benefits to counteract inflation, increased by 1.3% for 70 million American s on Social Security and Supplemental Security Income. The estimated average monthly benefit increased by $20 per month for 2021, reports CNBC. This increase, however, isn’t enough to account for the rising costs for seniors.

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