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State introduces its own hand sanitizer to combat price gougers

New York is introducing its own line of hand sanitizer, which it will distribute to government agencies, schools and the MTA, to address surging prices for disinfectant as the state works to contain... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2020

Free-falling oil prices drag Hess down 40% on one of market"s worst days

Free-falling oil prices erased nearly 40% of Hess Corp.’s market value Monday, driving the Manhattan-based stock price to its lowest point since 2005. Hess’ startling fall had plenty of company... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2020

Instant View: Wall Street plunges after oil shock, trading halts then resumes

U.S. equities plunged on Monday as trading resumed following a slump in oil prices......»»

Category: topSource: reutersMar 9th, 2020

Brooklyn housing prices nearing Manhattan levels

Manhattan was home to the most expensive ZIP codes across the city 10 years ago. Now Brooklyn is on the same track. A report by PropertyClub comparing the city's 10 most expensive ZIP codes in 2010... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Coronavirus outbreak has people watching Netflix instead of seeing tourist attractions, stock market suggests

Tourists are sidestepping major site-seeing attractions as the coronavirus continues its global spread, stock prices indicate, but that may be good for Netflix. On Tuesday, the market plunged again... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 28th, 2020

Rental prices are rising in one of the city"s most affordable boroughs

Apartment rents in Queens have increased significantly, according to a new report by RentCafe. Rents in the borough increased 7% year over year, with the average rent in January hitting $2,412—the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 20th, 2020

Prices, not utilization, drove higher employer costs in 2018

Employer health costs rose 4.4% in 2018, to $5,892 per member, with about three-quarters of that increase attributable to higher prices for medical services and prescription drugs. Higher utilization... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 19th, 2020

Investors charge back into stocks on signs coronavirus spread is slowing

A drop in the number of new coronavirus cases and the Federal Reserve chairman's optimistic view of the economy lifted world stocks for a third day on Wednesday and sparked a 2% rally in oil prices, on hopes the epidemic's effects would be contained......»»

Category: topSource: reutersFeb 12th, 2020

Despite market slowdown, Queens saw an increase in rental prices

Queens apartment rental market saw an annual growth rate just above the national average, while the rest of the country saw a slowdown, a new report by RentCafe found. Over the course of the year,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 26th, 2020

Prices for luxury Manhattan homes fall to lowest level in six years

Prices for Manhattan's most-expensive homes closed 2019 at their  in six years, according to a new report Thursday.  The threshold to be considered part of the luxury market—the top 20% by... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 26th, 2020

Cuomo hopes to ban higher prices on women"s products

Here's one tax Gov. Andrew Cuomo can cut without putting Albany .  In his State of the State address on Wednesday, the governor declared his intention to crack down on the " pink="" tax="" costs=""... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 12th, 2020

Gold surges on Mideast risk but stocks pare losses

Gold prices shot to almost seven-year highs on Monday as a spike in U.S.-Iranian tensions spurred demand for safe-haven assets and pushed a gauge of global equity markets lower, but shares on Wall Street rebounded on a less worrisome view of events......»»

Category: topSource: reutersJan 6th, 2020

Cuomo releases proposals to lower drug prices, including imports from Canada

Gov. Andrew Cuomo released a trio of initiatives that he said would help lower drug costs, including examining how New Yorkers could import drugs from Canada, as part of an ongoing preview of his... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 24th, 2019

Con Ed rate increase would "dig us deeper into the climate crisis," Stringer says

City and state politicians for customers. City Comptroller Scott Stringer got in the action Thursday, saying the utility's plan to increase gas and electric prices during the next three years will... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 15th, 2019

EIA lifts forecasts for U.S. oil output and prices, raises 2019 natural-gas price view

The U.S. Energy Info.....»»

Category: topSource: marketwatchNov 13th, 2019

Home prices continue to fall across the city

While sales activity continues to slow down, the month of September saw more price drops across neighborhoods compared to the month prior, according to a recent report by RealtyHop. Manhattan saw the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Manhattan’s rental ‘glampers’ send luxury apartment prices soaring

Manhattan , and climbing fastest for the most-expensi… apartments in the borough. Super-luxury rents—the top 5% of the market by price—jumped 9.1% in September from a year earlier to a median of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 12th, 2019

City apartment prices hit four-year low

Airbnb… Wall Street debut is officially earmarked for 2020, but the home-share startup is charting an unconventional path to the public markets. San Francisco-based Airbnb is laying the groundwork... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 7th, 2019

Apartment sale prices hit lowest mark in almost five years: report

New taxes on high-end real estate appear to be taking a bite out of the city's luxury market. Manhattan apartment sale prices fell to their lowest level in four years in the third quarter of this... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 7th, 2019

Judge blocks city’s restrictions on strip clubs, adult bookstores

Resale prices for tumbled the most in more than eight years, pushed down by for discounts in a market swamped with choices. Previously owned condos and co-ops sold for a median of $915,000 in the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 7th, 2019