Tenants are increasingly looking for a “third space” where they can work away from both home and the office but are still close by.
Category: Finance News
Mark Cuban nearly went broke at age 27—and became a millionaire 5 years later
Mark Cuban says he lost nearly all his cash while running his first company, after his secretary stole $82,000 from a corporate bank account. Here’s how he rebounded.
Stocks making the biggest moves midday: AppLovin, Roblox, Tapestry, Alibaba and more
Check out the companies making headlines during midday trading Thursday.
Here’s the inflation breakdown for July, in one chart
The consumer price index rose 3.2% in July from 12 months earlier, slightly less than expected.
Inflation gauge rose 3.2% annually in July, less than expected
The consumer price index in July was expected to rise 0.2% from the prior month and 3.3% from a year ago, according to Dow Jones.
Sky High Rents: Manhattan prices hit new record
CNBC’s Robert Frank joins ‘Squawk Box’ with more on Manhattan’s record-setting rent prices.
Stocks making the biggest moves premarket: Capri, Tapestry, AppLovin, Disney and more
These are the stocks posting the largest moves in early trading.
Interest rates should stay around 5% for longer — even as inflation falls, top economist Jim O’Neill says
Veteran economist Jim O’Neill says central banks will need to keep interest rates up around 5% across major economies for longer than the market expects, even as inflation subsides.
The average Manhattan rent just hit a new record of $5,588 a month
Rents in Manhattan hit a new high in July, as higher interest rates and low supply continued to drive up prices.
China’s real estate market roiled by default fears again, as Country Garden spooks investors
Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again.