Despite recently hitting a record 2.57 million riders on one weekday, New York City subway and bus ridership still is only half of what it used to be before the pandemic.
The lower ridership numbers not only affects NYC MTA revenue, but also local businesses that rely on commuters to shop at their establishments.
Christina Radigan, chief marketing officer of the Out of Home Advertising Association of America, joined Cheddar News' Michelle Castillo to talk about its new study on consumer travel trends, how comfortable people are getting back on public transportation, and the campaign to get people to do local New York City activities and events.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
The AI boom is heating up worldwide competition, the NBA is cashing in, and short-selling is (surprise!) risky. Plus, who are this week's Usual Suspects?
