NY Post - Business
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New home sales unexpectedly surge despite high mortgage rates as builders lower prices
New home sales surged nearly 11% to a seasonally adjusted annual rate of 743,000 units last month.
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US firm RedBird strikes $675M deal for Britain’s Telegraph, ending dramatic takeover process
It’s the largest investment in UK print media in a decade, cementing RedBird, which was founded in 2014 by investor Gerry Cardinale, as the...
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Indian steel magnate pitches in $1B to join new Boston Celtics ownership group: report
The Celtics’ ownership transition was first announced in March, when William Chisholm’s group agreed to buy the team in a two-part transaction.
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Chris Cuomo slams Democrats after Israeli Embassy staffers killed in DC: ‘Mind your dogs’
Cuomo’s comments came just one day after a fatal shooting outside the Israeli embassy in Washington, DC, where embassy employees were gunned down.
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How David Solomon got his groove back: ‘Killed off all of the opposition’
DJ Sol appears to be riding high, after he gave up spinning the turntables in public – with barely a dissenting voice leaking out of Goldman’s...
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Dow sinks 300 points after Trump threatens tariffs against Apple, EU
Apple shares led tech losses, falling 4%, while benchmark Treasury yields slipped as investors sought safer assets.
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How GENIUS ACT squeaked through – despite Trump’s impotent ‘crypto council’
GOP Sen. Bill Hagerty has emerged as crypto's most effective, and much-needed spokesman on Capitol Hill.
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Trump threatens Apple with 25% tariff if it doesn’t shift iPhone manufacturing to US
President Donald Trump warned Apple that the company could face a 25% tariff if it does not shift iPhone manufacturing to the United States.
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Retailers won’t swallow Trump’s ‘eat the tariffs’ demand for much longer before hiking prices
These are public companies that have a fiduciary responsibility to shareholders, and if they can't pass along costs they will begin layoffs.
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Hamptons gears up for another summer of vacation and regulation
It's not all sunshine and revelry.
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Gas prices hit 4-year low ahead of Memorial Day weekend
Gas prices heading into the Memorial Day weekend hit a four-year low as millions of Americans prepare to hit the road.
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FTC tosses PepsiCo price-fixing lawsuit, slams agency’s ex-boss for ‘dubious partisan stunt’
The lawsuit, filed in the waning days of the Biden administration, alleged that PepsiCo was giving unfair price advantages to Walmart at the...