Recent reports have indicated that Manhattan is experiencing a shift towards becoming a buyer’s market in the real estate industry. The second quarter of 2024 saw a decrease in apartment prices and a rise in inventory levels. The average price of real estate sales in Manhattan dropped by 3% to just over $2 million, while
The unemployment rate has been relatively low, sitting at or below 4% for an extended period. However, this does not mean that everyone who desires a job has been able to secure one. A segment of individuals known as “NEETs” (not in employment, education, or training) have opted out of the labor force due to
The U.S. Department of the Treasury and IRS recently unveiled final tax reporting rules for digital asset brokers, marking a significant development in the world of cryptocurrency taxation. With mandatory reporting scheduled to be phased in starting in 2026, crypto investors are facing a limited timeframe to prepare for these changes. Under the new regulations,
Recently, a federal appeals court made a significant decision regarding President Joe Biden’s student loan relief plan. The 10th Circuit U.S. Court of Appeals granted the Biden administration’s request to stay an order that had temporarily blocked a provision of the Saving on a Valuable Education (SAVE) plan. This ruling has been seen as a
In recent years, the U.S. stock market has seen a significant shift towards concentration, with just a handful of companies dominating the market. According to a recent analysis by Morgan Stanley, the top 10 stocks in the S&P 500 accounted for 27% of the index at the end of 2023, nearly double the 14% share
The stock market was buzzing with excitement on Monday as news broke that renowned meme stock trader “Roaring Kitty,” also known as Keith Gill, had taken a significant stake in pet food e-commerce retailer Chewy. This revelation came to light through a Securities and Exchange Commission filing, which disclosed that Gill had acquired over 9
Boeing’s announcement to buy back Spirit AeroSystems in an all-stock deal raises questions about the company’s strategic decision-making process. The aerospace giant cited safety and quality control as the main reasons for the acquisition, implying that there were issues in these areas that needed to be addressed. However, the timing of the acquisition, coming after
The impending $90 trillion wealth transfer expected over the next two decades is set to position millennials as the wealthiest generation in history. However, the question remains – are they truly equipped to manage this significant influx of money? While projections suggest that millennials will inherit substantial assets from the silent generation and baby boomers,
Disney and Pixar’s “Inside Out 2” has officially joined the billion-dollar club, solidifying its place as the highest-grossing film of 2024. With over $1.014 billion in worldwide earnings, this animated feature has surpassed expectations and set a new standard for box office success. The achievement of reaching $1 billion in revenue faster than any animated
In a time when the box office is struggling due to a lack of content and a discerning audience, Fathom Events has managed to defy the odds and post record revenue gains. The joint venture between AMC, Regal, and Cinemark has been in the business of bringing alternative content to the big screen for the