There were 171 transactions totaling $275 million recorded in New York City in the 24 hours before 4 p.m. on Thursday, Nov. 6. 🏆 Residential: The top home sale recorded in New York City on Thursday, Nov. 6 was in Gramercy Park. A newly built penthouse at Tidhar Group’s 200 East 20th Street for just under $7 million. The buyer was Bandit Ranch Pod, LLC. The three-bedroom unit spans 2,231 square feet, pricing the transaction at roughly $3,100 per square foot. The condo first hit the market in 2024, asking $6.9 million. Douglas Elliman’s Elena Sarkissian, Jane Powers, and Ariel […]

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The government shutdown, now the country’s longest, is fueling a continued trend of declining tourism to Washington.

Major hotel operators are feeling the strain of consumer-level economic anxiety paired with a decrease in international tourism as a government-mandated reduction in air traffic comes for the country’s largest airports.
Midtier chains patronized by a broad swath of the American middle class are seeing flat or declining revenue per available room, adding pressure as distressed loans mount and development slows.
“Everything is softer except the very high end. Government travel is softer, international inbound is softer, there’s a little bit of business hesitancy, and a broader consumer who is much more price-aware,” Baird senior research analyst Michael Bellisario said. “The middle of…

Despite fears that Amazon and other employers are already replacing workers with bots, the A.I. transition is likely to play out differently.

The federal government shutdown canceled a second straight jobs report, but private data sources suggest the labor market has weakened modestly since summer.

The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation.

Times reporters want to hear from air travelers around the country about cancellations related to the government shutdown.

Exports of cars, solar panels and batteries remain strong, but prices are falling because of factory overcapacity in China.

Seven complaints, filed on Thursday, claim the popular chatbot encouraged dangerous discussions and led to mental breakdowns.

The country’s dairy farmers produced a bumper harvest of milk, but higher U.S. duties have forced them to consider ways to cut back, including slaughtering cows.