New York City
UnitedHealthcare sued by shareholders over reaction to CEO’s killing
Brian Thompson, CEO of UnitedHealthcare. Courtesy: UnitedHealth Group A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian Thompson. The class action lawsuit — filed in the Southern District of New York — accuses the health insurance company of not initially adjusting their 2025 […]
Read More
Why U.S. air traffic control is stretched so thin — and the fight to fix it
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes […]
Read More
Air traffic controllers couldn’t see or talk to planes in equipment failure that led to Newark meltdown
People wait in line for a delayed flight at Newark International Airport on May 5, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Air traffic controllers lost contact with aircraft heading to and from Newark Liberty International Airport last week, their union said, detailing an equipment failure that led to massive flight delays […]
Read More
Wall Street’s iconic charging bull statue vandalized by climate activists wielding neon green paint
Climate activists hold a protest at the Charging Bull statue in Bowling Green near the New York Stock Exchange on April 22, 2025. Michael M. Santiago | Getty Images Wall Street’s iconic Charging Bull statue on Tuesday was vandalized by a group of environmental activists who sprayed the bronze sculpture with neon green paint. The […]
Read More
NYC’s most expensive home lists for $110 million amid market uncertainty
Since launching the quadplex earlier this month, listing agent Nikki Field with Sotheby’s said interest has been encouraging: “Several highly qualified individuals have already inquired and toured the residence. There’s real momentum.” Rendering provided by Sotheby’s International Realty As the Dow Jones Industrial Average plunged and tariff headlines rippled through global markets, a different number […]
Read More
Here’s why Americans still love McMansions
The 1980s launched a style of homes that came to be known as “McMansions.” These types of homes have often been criticized for their size, craftsmanship and architectural design. They also developed a reputation for being a bad investment. This is because despite their often luxurious appearance, they are typically built using cheap or mass-produced […]
Read More
New York is still the richest wealth hub. Here’s which cities are gaining ground
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. Despite the recurring narrative of wealth flight, New York City is still the world’s richest city, and it’s gotten […]
Read More
Eric Adams announces he will run as independent in New York mayoral race
New York City Mayor Eric Adams holds a press briefing after former Governor Andrew Cuomo enters the mayoral race on March 03, 2025 in New York United States. Selcuk Acar | Anadolu | Getty Images New York City Mayor Eric Adams will run for reelection as an independent, opting out of the Democratic primary just […]
Read More
Judge dismisses criminal case against New York Mayor Eric Adams
New York City Mayor Eric Adams leaves the United States District Court for the Southern District of New York, U.S., February 19, 2025. Brendan Mcdermid | Reuters A federal judge on Wednesday dismissed the criminal corruption case against New York City Mayor Eric Adams, nearly two months after the Trump administration controversially sought to drop […]
Read More
Take a look inside French luxury retailer Printemps’ first U.S. store
A piece of Paris has landed in New York City. French luxury retailer Printemps officially opened its first U.S. store this week in the city’s Financial District. The retailer celebrated its opening on Friday, which coincided with the start of spring — its namesake. The 55,000-square-foot store spans two floors and carries a wide range […]
Read More