The Manhattan real estate market is experiencing a shift towards becoming a buyer’s market in 2024. With apartment prices falling and inventory increasing in the second quarter of the year, buyers are gaining more leverage in negotiations. Reports from Douglas Elliman and Miller Samuel indicate that the average real estate sales price in Manhattan decreased
The U.S. Department of the Treasury and IRS have recently released final tax reporting rules for digital asset brokers, and crypto investors are facing the challenge of preparing for these changes within a limited time frame. The new regulations are set to phase in starting in 2026, with significant requirements for brokers to report gross
The unemployment rate has been below 4% for 30 months, a near record, but there are still many individuals who are struggling to find a job. Some of these individuals, known as NEETs, are not in employment, education, or training. This group often consists of individuals who are discouraged by their economic standing and are
In a recent ruling, the 10th Circuit U.S. Court of Appeals decided to lift an injunction that had temporarily halted a key provision of President Joe Biden’s Saving on a Valuable Education (SAVE) plan. This decision comes as a major victory for the Biden administration, allowing them to move forward with implementing the income-driven repayment
Shares of Chewy saw a significant increase in value after the news broke that meme stock trader “Roaring Kitty,” whose legal name is Keith Gill, acquired just over 9 million shares of the pet food e-commerce retailer. This stake amounts to a 6.6% ownership in the company, making him the third-largest shareholder of Chewy. The
Boeing’s decision to purchase Spirit AeroSystems in an all-stock deal worth $8.3 billion has been seen as a strategic move to improve safety and quality control within the aerospace company’s operations. The deal, which includes paying $37.25 a share in Boeing stock for Spirit, marks a significant step towards enhancing production systems and workforces alignment
The U.S. stock market landscape has seen a significant shift in recent years, with just a handful of companies dominating the market. The S&P 500, a widely recognized benchmark for U.S. stocks, serves as a telling illustration of this trend. The weight of the top 10 stocks in the S&P 500 has surged significantly, accounting
Millennials are on the cusp of receiving the largest wealth transfer in history, estimated at a staggering $90 trillion over the next two decades. This is set to make them the wealthiest generation to date, surpassing the silent generation and baby boomers. However, the question remains, are millennials adequately equipped to handle this significant influx
Disney and Pixar’s “Inside Out 2” have reached a milestone by becoming the highest-grossing film of 2024, entering the elite billion-dollar club. Surpassing the $1 billion mark globally is no small feat, especially in the competitive landscape of the film industry. This achievement has not only solidified the film’s success but also set a new
In a time where the film industry is struggling to find content and retain audiences, Fathom Events has defied the odds by posting record revenue gains. This joint venture between AMC, Regal, and Cinemark has been a beacon of hope for the box office, bringing alternative content to the big screen for over two decades.