Average rent in Manhattan jumps to a record $5,000 a month
CNN
Rent continued to skyrocket to new record highs in Manhattan last month.
The median monthly rent paid by a tenant for a condo or coop in Manhattan climbed to $4,050 in June, up nearly 25% from a year ago and setting a new record high for the fifth month in a row, according to a report from brokerage firm Douglas Elliman and Miller Samuel Real Estate Appraisers and Consultants. The median rent -- which is the mid-point of all rents -- just rose above $4,000 a month for the first time in May.
U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each.
Commerce Secretary Howard Lutnick said Sunday he expects the United States to impose tariffs on Canada and Mexico on Tuesday, but said President Donald Trump will determine the levels in a “fluid situation.”
American consumers don’t need to fret about President Donald Trump’s tariffs on aluminum raising the price of their can of soda.
President Donald Trump signed another executive action that directs his administration to investigate potential instances of what he deems unfair trade practices for lumber the United States imports.
The Trump administration is cracking down on immigration — legal and otherwise — setting the stage for potential labor shortages, weaker economic growth and higher inflation.
Protesters gathered at more than 50 Tesla showrooms Saturday morning in protest of Elon Musk’s controversial role in slashing government.
Tariffs on Canadian and Mexican imports are looming again. And that could quickly send car prices soaring, even for those assembled in the United States.
A tentative thaw in ice-cold US-Russia relations is paving the way for American companies to do what, until recently, seemed unthinkable — return to the country three years after they left in droves.
US stocks seesawed Friday, but all three major indexes closed the month in the red — a sign of increasing unease in markets.