Business
Manhattan luxury real estate market plummets after Mamdani pied-à-terre tax goes into effect
Manhattan’s trophy-home market ground to a halt last week, with just one home asking more than $10 million entering contract.
Oil giants to gain ‘billions’ from Iran war — but won’t ramp up drilling despite Trump’s insistence
The US energy industry is bracing for a huge windfall from the Iran war, but oil majors aren’t planning to ramp up drilling – clashing with the Trump administration’s energy agenda.
Dow falls 600 points, oil surges after Trump says Iran ceasefire is ‘over’ – which could halt gas decline
Stocks plunged and oil prices jumped to nearly $80 a barrel after President Trump said Wednesday the ceasefire with Iran is “over” and the US is preparing another night of strikes in the region after Tehran attacked vessels in the Strait of Hormuz.
Exclusive | Mamdani officials scramble to ease concerns about public supermarkets — but local business leaders aren’t buying it
The Mamdani administration is scrambling to ease concerns about its plans to open government-owned supermarkets — but recent talks have instead raised even greater alarms among local business owners, The Post has learned.
Exclusive | Trump’s turncoat former fixer Michael Cohen lands new gig at WABC radio
Trump’s turncoat former lawyer and fixer, Michael Cohen, has landed a gig at 770 WABC radio.
Sun Valley has spawned some memorably awful megadeals — it’s a complete joke now
Maybe the best incubator of the worst deals in Wall Street history is happening once again this week in Sun Valley, Idaho — the so-called “summer camp for billionaires” sponsored by investment bank Allen & Co.
BlackRock is betting on America’s future with $100M investment to train trades workers for AI boom: ‘We just need a lot more of them’
BlackRock is best known as a financial behemoth managing trillions in assets. But now the world’s largest money manager is making a different kind of bet: one on the future of American workers.
US-based ‘Amazon of South Korea’ forced to recover laptop from bottom of Chinese river in bizarre data privacy clampdown: report
South Korea’s government allegedly pressured US-based tech firm Coupang into carrying out a bizarre, risky secret mission to recover a stolen laptop from the bottom of a river in China – and then lied about its own involvement, according to striking claims that surfaced in a House report on Wednesday.
Comcast plans to split into two companies, will spinoff NBC and Sky
Comcast unveiled plans Monday to split its media and technology businesses into two separately traded public companies as the entertainment industry reels from consumers abandoning the traditional TV bundle in favor of streaming services.
Exclusive | Wealthy husband and wife founders of Cymbiotika robbed at gunpoint in terrifying home invasion
Shahab and Durana Elmi and their two young children were robbed at gunpoint in a terrifying home invasion in Cannes.