Hot PCE inflation data sobers markets to high interest rate reality. Aussie retailers headline reporting day with Kogan, Adore Beauty, BWX, and City Chic featuring.
Reply
Furman s Coffee on Nostrand Avenue is among more than 100 minority-owned businesses that fear closure in the next six months, a study found. (Google Maps.)
BED-STUY, BROOKLYN For Furman s Coffee owner Emmanuel DeJesus, a year spent working 90-hour weeks to barely break even has been about more than simply keeping the business afloat.
The coffee shop which he opened in 2017 is a connection to the home where he grew up, near his grandmother s coffee farm in the Dominican Republic.
But perhaps even more so, it s his family s anchor to place he s called home for the last 27 years, in Brooklyn. DeJesus opened the Nostrand Avenue shop with two decade s worth of savings from working in the New York City restaurant industry.