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NYC Rent Guidelines Board votes to freeze rent of rent-stabilized apartments

The New York City Rent Guidelines Board (RGB) voted 7-1 on Thursday to freeze the rent for rent-stabilized apartments. A summary of the rent-stabilized apartment guidelines adopted on Thursday indicates that “Together with such further adjustments as may be authorized by law, the annual adjustment for leases for apartments shall…

‘Queer Eye’ star Antoni Porowski says the tech and advertising worlds are obsessing over the wrong word

Antoni Porowski, the “Queer Eye” star turned Nat Geo host, says “taste” — one of the buzziest words right now in both Silicon Valley and the ad world — isn’t actually what leaders should be chasing.”The word taste makes me uncomfortable,” Porowski said during a live discussion in the Business Insider suite at Cannes Lions.Porowski traced his thinking back to school in Montreal and a sign that read: “Generality is the enemy of art.””I like the…

Finance news

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March inflation drops to lowest point in more than 3 years

Consumer prices fell 0.1% in March, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). This is the first monthly drop since July 2022. Annual inflation increased 2.4% compared to a 2.8% increase registered in February. Core inflation, which excludes volatile energy and food…

Business

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Mortgage rates tick slightly higher this week with 30-year at 6.49%

Mortgage rates ticked slightly higher this week, but were little changed, mortgage buyer Freddie Mac said on Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.49% from last week’s reading of 6.47% and 6.52% the week…

Markets

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Investing

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