Finance

Commercial real estate crash: NYC office to sell at 67% discount

A New York City office building owned by a Related Cos. affiliate is set to be sold at a steep discount. Empire Capital Holdings...

Housing market outlook: Spring selling season is coming to an end—not with a bang, but with a whimper 

This year’s spring selling season wasn’t a typical one, and while it seems to be better than last year, there was an air...

Q&A with the author of The Trolls of Wall Street: Gambling, conspiracies and the return of Roaring Kitty

If Keith Gill, the stock-picking influencer known as Roaring Kitty, isn’t the luckiest man in the world right now, then it’s certainly Nathaniel...

Benny Gantz quits Israel’s government, saying Netanyahu is preventing a ‘true victory’ over Hamas

Benny Gantz resigned from Israel’s emergency government and called for elections, criticizing Prime Minister Benjamin Netanyahu over his handling of the war against...

Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing

Volvo Car AB has started to shift manufacturing of Chinese-made electric vehicles to Belgium as the European Union prepares to impose tariffs on...

Housing market crisis shows the Fed’s inflation-fighting tool does the opposite

The Federal Reserve’s rate hikes have helped slow overall prices, but they are also keeping inflation sticky because of the way homeownership costs...

Energy and manufacturing dominated the Fortune 500’s first top 50 companies in 1955

However, the data that the Fortune staff was compiling was primarily for internal use. It wasn’t until 1955, when then-assistant managing editor of...

The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’

Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard Arnault. The floating palaces are a...

How to move past a painful breakup, according to relationship therapist

One month after I ended my relationship, I went to see Esther Perel speak at the 92nd Street Y. She polled the audience,...

US debt outlook: There’s an easy fix, Paul Krugman says

Ballooning U.S. debt has stirred growing alarm on Wall Street, but economist Paul Krugman isn’t worried and said you shouldn’t be either. In a...

Frank Stronach, auto parts billionaire, arrested on sexual assault charges

Austrian-Canadian auto parts billionaire Frank Stronach was arrested on sexual assault charges spanning decades, police said. The 91-year-old was charged Friday with five crimes...

Docusign CEO Allan Thygesen says while it’s true Americans work harder than Europeans, maybe Americans aren’t happier

In a tech hub like San Francisco, it’s increasingly rare to find a job that will still let you work from home the...

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