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One in three Manhattan condo owners lost money when they sold in the last year

One in three Manhattan condo owners lost money when they sold in the last year

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although the top end of […]

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Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth

Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth

Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023.  Jakub Porzycki | Nurphoto | Getty Images Shares of footwear maker Deckers Brands plunged 15% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are leading to

Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth Read More »

With two months to Christmas, here’s what retail leaders expect for holiday shopping

With two months to Christmas, here’s what retail leaders expect for holiday shopping

There’s just two months until Christmas Eve, and retailers are meeting a more cautious shopper with earlier offerings. Most retailers won’t report third-quarter results or updated holiday expectations until just before Thanksgiving, largely considered the sector’s most important week of the year. By then, many shoppers will have already started checking off holiday shopping lists.

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GM lays off more than 200 salaried workers in latest round of job cuts

GM lays off more than 200 salaried workers in latest round of job cuts

The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck | Picture Alliance | Getty Images DETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits. The impacted employees were largely Computer-Aided Design, or

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Taco Bell tries to woo younger customers with Live Más Café’s flashy beverages

Taco Bell tries to woo younger customers with Live Más Café’s flashy beverages

IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept. The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine, campus. By the end of

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Family offices fear dollar depreciation, lower investment returns in wake of tariffs

Family offices fear dollar depreciation, lower investment returns in wake of tariffs

Compassionate Eye Foundation/david Oxberry | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices have been investing with more caution since President Donald Trump’s tariff announcement

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Procter & Gamble beats earnings estimates but warns of higher costs from tariffs

Procter & Gamble beats earnings estimates but warns of higher costs from tariffs

Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products. However, the

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Former Knicks star Carmelo Anthony says gambling puts pressure on athletes

Former Knicks star Carmelo Anthony says gambling puts pressure on athletes

Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes. Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players. “They may say they don’t

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Ford beats on earnings but lowers 2025 guidance after supplier fire

Ford beats on earnings but lowers 2025 guidance after supplier fire

A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT – Ford Motor beat Wall Street’s third-quarter earnings expectations but lowered its 2025 guidance due to impacts of a supplier fire, which is disrupting production of its highly profitable large trucks and

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