Local Economy & Business — Cross Bay Current

Cross Bay Boulevard businesses warn of widespread price hikes due to skyrocketing oil prices and the escalating Iran war. Queens residents face rising costs and financial strain.

Cross Bay Boulevard residents face skyrocketing gas prices ($5+/gallon) as Iran war escalates, impacting Queens commuters and local businesses. Financial strain is widespread.

Cross Bay Boulevard commuters face $6 gas prices as President Trump's naval blockade of Iran spikes crude oil costs, hitting local cabbies and businesses hard.

Cross Bay Boulevard commuters face $6 gas prices as President Trump's naval blockade of Iran spikes crude oil costs, hitting local cabbies and businesses hard.

Cross Bay Boulevard businesses report a robust 15% revenue growth in 2026, driven by increased consumer spending and new establishments. Strong recovery boosts local economy in Howard Beach and Ozone Park.

Ozone Park tech workers anxiously monitor job markets after Meta and Microsoft announce 23,000 layoffs to fund AI expansion. Cross Bay residents debate AI's impact on local employment.

Gas prices on Cross Bay Boulevard top $6/gallon as Iran's Strait of Hormuz closure impacts global oil. Howard Beach cabbies skip shifts; residents worry about rising costs.

The UAE's unexpected withdrawal from OPEC has triggered immediate concerns over rising fuel costs, acutely impacting residents and businesses along Queens' Cross Bay Boulevard.

Queens business owners and residents with Canadian ties express concern over potential tariffs and trade restrictions as US-Canada tensions escalate during Trump's new term.