Real estate prices in Manhattan are skyrocketing, especially in areas that have been historically low-income. The Metropolitan Transit Authority, which owns much of the land for the subway system, is building luxury apartments in Upper East Side neighborhoods that were once home to subsidized housing.  Commercial real estate in the...
The real estate industry in the United Arab Emirates is facing a tough time as recent developments in the oil and gas sector have caused the prices of properties to plummet. The UAE has one of the most diversified economies among its Middle Eastern counterparts. It also ranks second globally...
First, there are many different kinds of warranties available to consumers when they purchase their homes. A manufacturer’s warranty is usually issued by the company that actually built the home, and it entails that anything that was installed or done by that company will be covered.  Secondly, there are also...
The yen strengthened by 1% against the dollar following another North Korean missile test. The yen rallied to 109.03 against the dollar in Tokyo on Tuesday morning, up from 108.75 at the previous close, in its biggest daily move since September 2015.   The Nikkei climbed 2% in Japan to snap...
The federal government said on Friday that it would raise payments to health insurance companies by 45 percent in 2018. The Centers for Medicare and Medicaid Services made the announcement as Congress is considering repealing and replacing the Affordable Care Act. The agency did not specify which insurers or how...
Phasing in the acquisition of Deutsche Boerse would have increased London Stock Exchange’s yearly revenue and market cap. However, today, the merger was blocked by the EU on the basis that it would result in a monopoly for European trading. The merger would have been worth $2 billion and...