While the rising dollar may be good some people, some are warning that its strength could hurt NYC real estate and tourism. A former NY State deputy comptroller and NYU professor Rosemary Scanlon tells the Sun, "Europeans are going to start pulling back, to change business and personal vacation planning. [Foreign tourism] has been a really good buffer for us all summer, but now, we'll be much more at the mercy of whatever the local......

Photograph of the New York Stock Exchange trading floor AP Yesterday, the Dow Jones Industrial Average took a 400-point-drop bath, prompted by rising oil prices and higher unemployment numbers, and stirred up more recession fears. Just Thursday, growing inventories of oil and decreased demand led investors and the public to think that perhaps our long national love-hate affair with oil had reached an amicable reconciliation. But then the oil prices rose to $138/barrel--an $11......

Today the Post looks at how the turbulent economy is affecting the lifestyle of one family of four on the Upper East Side, and, surprise surprise, reports that it’s not really such a big deal for some people. Sure, their cost of living expenses have risen by $1,000 a month compared to this time last year, but Mr. and Mrs. Gary Foodim aren’t sweating it – they vacationed at Disney World last year and there's......

The image below isn’t a rejected Rage Against the Machine album cover, but rather an ad campaign for a leading Brazilian business newspaper, Gazeta Mercantil. Designed by illustrator Pedro Izique for the São Paulo office of ad agency JWT, the print ad redesigns the Dollar, Euro and Yen with images of “some of the most important events of the last century.” For the U.S., that means 9/11, pot, oil, war and Arlington Cemetery. The slogan?......

Prime Spot, by Foto Bocch at flickr New York City has a buoy helping it resist the receding economic tide: Tourists. In particular, foreign tourists who are relatively flush with currency that has strengthened against the American dollar. The city's marketing agency NYC & Company says tourism increased by one million visitors during the first quarter of 2008 versus the same period in 2007, and that 20% of those visitors arrived from abroad. And......