After leaving the Wing in 2020, Gelman opened a small homewares shop in Brooklyn. Now she’s expanding the country-chic brand into hospitality, starting with an 11-room inn in the Hudson Valley.
The quarter-point rate cut potentially puts the ECB and the Fed on different tracks and widens an existing gap in borrowing costs between the U.S. and Europe.
European stocks pared gains and the euro strengthened after the European Central Bank cut interest rates for the first time since 2019, but signaled it was still concerned about inflation.
