Business

Hate Valentine’s Day? There’s a Market for You, Too.

Lilly Calman is not in the mood this Valentine’s Day for the flowers, chocolates or a romantic dinner for two, especially after a recent breakup. “I’m very angry,” said Ms. Calman, 26, adding that it had been painful to see all the holiday paraphernalia in store aisles. She found a more fitting outlet for her

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Business

Irwin Cohen, Who Turned a Factory Into Chelsea Market, Dies at 90

Irwin Cohen, an inventive developer who transformed a derelict factory where the first Oreo cookie was produced in 1912 into Chelsea Market, an exuberant 21st-century food bazaar that helped revitalize its New York City neighborhood, died on Monday in Manhattan. He was 90. His son-in-law Blair Effron said he died of pneumonia in a hospital.

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Business

Why Midterm Election Years Are Powerful for the Inventory Market

These efforts typically contribute to sturdy inventory market returns main as much as presidential elections, when it’s in presidents’ biggest curiosity to stimulate the financial system. Within the first half of a presidential time period, nonetheless, when the White Home and Congress get right down to the mundane enterprise of governing, there may be steadily

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Business

Higher.com Pronounces Extra Layoffs, Citing Mortgage Market Turbulence

The mortgage lender Higher.com introduced one other spherical of layoffs on Tuesday after slicing roughly 900 individuals late final yr in a mass firing over Zoom that drew swift backlash. Higher.com was one of many pandemic’s early enterprise winners, quadrupling in measurement when mortgage charges had been low — nevertheless it has develop into higher

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Business

The Week in Enterprise: Housing Market Will get Squeezed

What’s Up? (April 10-16) Excessive Mortgage Charges, Excessive Costs Mortgage charges rose to 5 percent for the primary time in additional than a decade, the form of enhance that previously spelled bother for the housing market. However within the present local weather, the affect of the upper charges is unsure. Throughout the pandemic, many individuals,

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Business

How Rising Mortgage Charges Are Affecting the Housing Market

This makes it a very good time to be a vendor — assuming you don’t want to purchase. Christopher J. Waller, a governor on the Fed, resides this out. “I offered my home yesterday in St. Louis to an all-cash purchaser, no inspection,” Mr. Waller mentioned in panel dialogue on Monday. “However I’m attempting to

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Business

Can an Artwork Historical past Body Assist Broaden the NFT Market?

When digital artworks began promoting for tens of millions of {dollars} final yr, the shock of pixelated punks and computerized graphics turned some conventional collectors into crypto skeptics. The argument that NFTs, or nonfungible tokens, represented the artwork market’s future was unappealing to the majority of those consumers, leaving gallerists and auctioneers to focus their

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