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Home Prices Defy Gravity Despite High Mortgage Rates In a city that never sleeps, even real estate seems to have insomnia. Home prices nudged upward in February, thanks to a market that’s tighter than a Brooklyn studio. Although mortgage rates hover around 6.8%, according to Freddie Mac, buyers just can’t quit New York. Market Snapshot: […]
Uber Faces the FTC Heat 14 minutes ago Uber Disrupted Uber’s stock took a hit on Monday—down a cool 3%—with the FTC bringing the heat. The lawsuit allegedly targets the ride-hailing behemoth’s sleazy billing and cancellation moves related to Uber One. The $9.99 monthly subscription supposedly plays hard-to-get when users try to quit. The lawsuit […]
(Bloomberg) — You know, typical New York style, things are a bit frantic in the old financial district. The leveraged finance scene? It’s got more drama than a Broadway premiere. The market’s a bit like the J train at rush hour — unpredictable and a headache for everyone involved. “Deals are stalling, and everyone’s skittish,” […]
Nasdaq Rides the Rebound Wave: Analyzing the Latest Stock Market Trends The stock market was bustling today, catching the eye of many New Yorkers and anyone with a stake in the economy. The rebound was led by none other than the Nasdaq, making headlines once again. But why the buzz, you ask? Let’s dive into […]
