Manhattan is now a 'buyer's market' as real estate prices fall and inventory rises
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The New York Times - Top stories
In Manhattan Real Estate, Cash Is Everything
All-cash purchases shot up to 64 percent of home sales in the borough. Here’s who’s buying. -
CNBC - Business
How a 'softening' real estate market could help you score a lower price on a home
Homes are taking longer to sell, which is helping buyers successfully negotiate the asking price for a home. -
The Guardian - World
Helicopter rides and a wealthy contact list: inside Australia’s luxury real estate market of $60m-plus homes
Forget interest rates and consumer sentiment – luxury markets are swimming in a completely different lane, agents say. Get our morning and afternoon news emails, free app or daily news podcastGowan Stubbings can still remember the rush of his ... -
The Wall Street Journal - World
Car Prices Are Declining. Buyers Aren't Seeing It.
The average price paid is expected to fall this year for the first time since 2008, but interest rates are keeping payments high. -
The Wall Street Journal - Business
Car Prices Are Declining. Buyers Aren't Seeing It.
The average price paid is expected to fall this year for the first time since 2008, but interest rates are keeping payments high. -
The New York Times - Business
Apartments Could Be the Next Real Estate Business to Struggle
Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities. -
The Wall Street Journal - World
U.S. Crude Oil Inventories Fall More Than Expected
Government data showed crude-oil inventories fell by 12.2 million barrels last week, much greater than the decline of 1.1 million barrels that analysts expected. Gasoline and distillate fuels fell too, as refineries raised their capacity use. -
The Wall Street Journal - World
Hurricane Beryl Shouldn't Pose Threat to Specialty Insurers' Full-Year Targets
Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets, though it is still too soon to tell, RBC Capital Markets said. -
The Wall Street Journal - World
Big Banks Are Taking Hits From Commercial Real Estate
While smaller banks are doing the bulk of lending, bigger banks’ loans are the ones showing signs of strain. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
Financial Times - World
Luxury price rises leave rich asking: is it worth it?
The post-pandemic spending surge appears to be over -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
Yahoo Sports - Sports
Future is now? Bo Nix might not have a real QB competition in Denver
The Broncos' selection of Nix 12th overall was controversial. But a look at their QB room as training camp approaches might reveal Sean Payton's plan out of the gate. -
The Wall Street Journal - World
Metal Prices Mixed; Gold Slips Slightly But Base Metals Rise
Base metals prices were higher while gold futures ticked lower but broadly holding ground, supported by rising jobless claims, which weighed on investor belief in a still-hot U.S. labor market, SP Angel said. -
The Wall Street Journal - World
Cooler U.S. Job Creation Pushes Gold Back Toward $2,400/Oz
The June jobs report lifted gold futures toward their highest levels in nearly a month. -
The Wall Street Journal - World
Saudi's Oil Price Cut to Asia Was Less Significant Than Predicted, DNB Says
Saudi Arabia’s price cut for its flagship Arab Light crude it sells to Asian customers was less significant than expected, according to DNB Markets. -
Financial Times - Business
‘Ineffectual’ and ‘snippy’: the rapid rise and stunning fall of Rishi Sunak
The Icarus-like former PM took his party to what is projected to be its worst defeat in history -
CNBC - Business
10-year Treasury yield falls after unemployment rate rises unexpectedly
U.S. Treasury yields held steady on Friday as markets reopened after the July holiday and investors awaited the latest nonfarm payroll data. -
Inc. - Business
U.S. Labor Market Eases Steadily Despite Rise in Job Openings
The Labor Department reports the number of jobs available in May stayed steady from April, a sign that the market is stabilizing. -
The Wall Street Journal - World
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs.
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs. -
ABC News - World
Ahead of Iran's presidential runoff, a floated rise in gasoline prices may spark new protests
Comments suggesting that Iran's reformist presidential candidate could increase government-set gasoline prices have raised fears of a repeat of nationwide protests -
The Guardian - World
UK stocks, sterling, bond prices rise as business calls for ‘fresh start’ under Labour – business live
TUC says Labour has ‘historic opportunity’ to ‘repair and rebuild Britain’ as Goldman Sachs raises UK growth forecasts. Labour wins UK general election as Keir Starmer says: ‘We did it! Change begins now’Housebuilders lead gains on FTSE 100 with ...United Kingdom -
GameSpot - Tech
Metal Gear Rising: Revengeance Slashes A Power-Hungry Senator And Its Own Price In New GOG Deal
One of the best action games of the 2010s just got its price slashed almost in half, as you can pick up Metal Gear Rising: Revengeance for just $18 on GOG, until July 11. Like other GOG games, this is a DRM-free version of the classic Platinum ... -
MarketWatch - Business
Oil prices end higher on light trading volume as supply drops more than expected
Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand. -
ABC News - Tech
Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected
Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products and electric vehicles overall -
The Wall Street Journal - World
Lithium prices are plumbing multiyear lows in a market awash with the battery material, and it is unlikely they have hit bottom yet.
Lithium prices are plumbing multiyear lows in a market awash with the battery material, and it is unlikely they have hit bottom yet. -
CNBC - Business
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
The unemployment rates rose for white, Black and Hispanic women but fell for their male counterparts. -
The Guardian - World
UK construction activity grows despite housebuilding drop; EV sales rise to make up fifth of new car market – business live
Pound steady as UK votes; global stocks extend rally on US rate cut hopes. In stark contrast, construction in the eurozone remains mired in recession, according to a separate survey. Construction activity shrank at a faster rate last month, with ... -
The New York Times - Lifestyle
The Rise of the ‘Earlymoon’
Many couples are no longer waiting until after their weddings to take a trip. -
GameSpot - Tech
Is The Matrix Deckbuilding Game Real, Or Is It A Simulation?
There was a time when there were a few games based on The Matrix movies, and they were even pretty good at times. Today, while video game adaptations are tougher to come by (although you can be Neo or Trinity in Fortnite), fans shouldn't sleep on ... -
The Wall Street Journal - World
Peloton Co-Founder John Foley Sells Manhattan Townhouse for $35.5 Million
The former CEO sold the 25-foot-wide redbrick West Village home in an off-market deal. -
CBS News - Top stories
3 killed during NYC 4th of July celebration when driver plows into park
At least three people were killed and six others were injured when a driver crashed into a Manhattan park Thursday night during the July 4th celebrations, authorities said. -
The New York Times - Top stories
Two Dead After Being Struck By Pickup Truck in Downtown Manhattan
At least 11 people who were celebrating the July 4 holiday were struck by the truck on the Lower East Side, the authorities said. -
The Guardian - World
Homes under £350,000 for first-time buyers in England – in pictures
From a studio in fashionable Peckham to a townhouse on a brutalist estate in Sheffield Continue reading... -
MarketWatch - Business
Home buyers who could barely afford their homes are a hit with TikTok viewers
It costs a lot more to buy a house today than it did just a few years ago. And that expense starts with the down payment.Tiktok -
The New York Times - Tech
Elon Musk’s Politics May Be Pushing Some Buyers Away From Tesla
The Tesla chief executive’s polarizing statements have alienated some potential customers and may be partly responsible for a recent slump in sales. -
Wired - Tech
How to Get a Real ID License Before the Deadline
A new type of driver’s license will be required to board flights in the United States next year. Here’s how to update your license to the new Real ID standard before it’s too late. -
Inc. - Business
Google Searches Prefer AI Spam to Real Content
Search engine optimization is theholy grailboost trafficto websites--but in the AI era, even Google's much-scrutinized search algorithm shows a preference for ripped-off, AI-generatedmaterial over original content.Google -
Inc. - Business
E.l.f. Cosmetics Is Selling Real-World Products on Roblox
The beauty brand is one of many engaging with the video game platform--but its new expansion brings it into new e-commerce territory. -
Wired - Tech
How to Get a Real ID License Before the Deadline
A new type of driver’s license will be required to board flights in the United States next year. Here’s how to update your license to the new Real ID standard before it’s too late.