Billionaire Row"s Condos See Price Hikes Despite Ultra-Luxury Sales Declining

Manhattan's luxury real estate is constantly being sought by either billionaire celebrity couples or wealthy CEOs. However, residential property trades in general are in decline. That's according to Douglas Elliman's recent "Manhattan Sales Market R.....»»

German luxury automaker BMW said on Friday that it will be unable to "completely absorb" a new Chinese 25 percent tariff on imported U.S.-made models and will have to raise prices on the vehicles it makes in Spartanburg, South Carolina......»»

The surging price of oolong tea grown in eastern China’s Wuyi mountain range has transformed the fortunes of local farmers such as Chen Jingxi, who says he will earn the equivalent of more than $1 million this year from sales of rare roasted leaves......»»

The surging price of oolong tea grown in eastern China’s Wuyi mountain range has transformed the fortunes of local farmers such as Chen Jingxi, who says he will earn the equivalent of more than $1 million this year from sales of rare roasted leaves......»»

Sales of luxury single-family homes and condominiums on Oahu priced at $1.5 million and above rose 10 percent in June, while the median price of those sales dipped to $1.8 million, according to a report from Coldwell Banker Pacific Properties.  There.....»»

Bolstered by a strong second-quarter, CEO Vas Narasimhan said he expects Novartis to hit the top of its 2018 sales guidance despite joining rival Pfizer in freezing U.S. drug prices for the rest of the year......»»

Novartis expects to hit the top of its 2018 sales guidance after a strong second quarter, the CEO said, despite joining Pfizer in freezing its U.S. drug prices for the rest of the year following pressure from President Donald Trump......»»

Novartis may ratchet up its 2018 sales outlook, its finance chief said on Wednesday, despite halting planned U.S. drug price hikes amid pressure on the industry from President Donald Trump's administration over the high cost of medicines......»»

Chipotle Mexican Grill Inc topped analysts' estimates for comparable-restaurant sales on Thursday, boosted by higher menu prices and demand for its queso cheese dip in its first full quarter under Chief Executive Officer Brian Niccol......»»

Chipotle Mexican Grill Inc topped analysts' estimates for same-restaurant sales on Thursday, boosted by higher prices and demand for its queso cheese dip as its new CEO focuses on turning around the once-hot burrito chain......»»

Midsize, more affordable housing markets that had been hot are seeing sharper price hikes and slower sales. More buyers are turning to small.....»»

Midsize, more affordable housing markets that had been hot are seeing sharper price hikes and slower sales. More buyers are turning to smaller cities......»»

Midsize, more affordable housing markets that had been hot are seeing sharper price hikes and slower sales. More buyers are turning to smaller cities......»»

Toll Brothers quarterly profit and revenue soared, and the luxury homebuilder raised its forecasts for revenue and home sales. Fred Katayama reports......»»

Toll Brothers quarterly profit and revenue soared, and the luxury homebuilder raised its forecasts for revenue and home sales. Fred Katayama reports......»»

The new federal tax law, which limits deductions of state and local taxes, is also putting pressure on real-estate in high-tax states. And foreign buyers, who were driving some of the highest-priced sales in 2014 and 2015, have pulled back. .....»»

The number of luxury homes on Oahu selling for $1.5 million and above rose 15 percent last month compared to the same month last year, although the median price of those homes declined by 8 percent, according to an analysis by Coldwell Banker Pacific.....»»

Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands......»»

After recent struggles and declining comparable-store sales, investors are hopeful a buyout could bring a premium price tag......»»

With declining passenger car sales and unfavorable credit offering, U.S. auto sales plummet in September. Rising interest rates and uncertainty in price, induced by tariff fears, have discouraged c.....»»