The Manhattan real estate market is experiencing a significant shift, turning into a buyer’s market due to a decrease in apartment prices and a rise in inventory. Reports indicate that the average sales price for real estate in Manhattan fell by 3% to slightly over $2 million, with the median price dropping by 2% to
Business
In a surprising turn of events, the Boston Celtics’ ownership group has announced their plans to sell the team. The announcement was made on social media, indicating that the group, Boston Basketball Partners LLC, is looking to sell all of its shares in the team for estate and family planning reasons. This decision has sparked
In an era where the entertainment industry is facing a drought in content and viewers are becoming increasingly selective, Fathom Events has emerged as a shining star with skyrocketing revenue figures. The collaboration between AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big screen, ranging from classic Hollywood films
At the U.S. Track & Field Olympic Trials this year, a unique phenomenon is taking place. A group of 35 unsponsored athletes is making waves by wearing all-black, logo-less gear provided by Bandit Running’s Unsponsored Project. This initiative aims to challenge the traditional sponsorship model for professional athletes and provide support to up-and-coming competitors in
NASA and Boeing have announced an extension to the first Starliner crewed flight, but without setting a new target date for the capsule’s return to Earth. Boeing’s Starliner capsule, named “Calypso,” will remain at the International Space Station for additional testing on the ground, delaying its return. Despite initial plans for the Starliner to be
The automotive industry is witnessing a significant shift as Chinese automakers are projected to aggressively expand their presence outside of China. According to a recent report by AlixPartners, Chinese automakers are expected to achieve a staggering 33% of the global automotive market share by the year 2030. This growth is a substantial increase from the
Southwest Airlines shares took a hit in premarket trading, dropping approximately 4% following the carrier’s revised second-quarter revenue forecast. The airline cited changing booking patterns as the reason for the adjustment, leading to a significant decline in expected revenue per available seat mile compared to the previous estimate. Financial Outlook for the Second Quarter The
The U.S. auto industry has seen a modest increase of 2.9% in sales during the first half of the year, but there are concerns about maintaining this momentum in the last six months. Factors such as growing vehicle inventory levels, increasing incentives, and overall economic uncertainty are contributing to the potential slowdown in sales growth.
Target, a Minneapolis-based retailer, is looking to revamp its online marketplace by teaming up with Shopify. This new collaboration between the two companies aims to introduce a variety of new and trendy brands to Target’s website, creating a more diverse and appealing shopping experience for consumers. The Partnership between Target and Shopify Target has recently
The housing market is currently facing challenges, with sales of previously owned homes at a 30-year low. In May, sales remained stagnant, with a slight decrease of 0.7% from April. The average price of homes reached a new record high, adding to the existing struggle for potential buyers. Mortgage rates, which are still high, are