A boom in bicycle sales during the coronavirus pandemic caused widespread reports of supply shortages, but Trek CFO Chad Brown told CNBC on Wednesday that the company continues to attempt to keep up with demand.  “We’re still shipping out tens of thousands of bikes every week, so there are bikes out […]

Based on the comments and press releases of a few business jet charter providers, one might believe that the industry is on fire as well-heeled travelers avoid the airlines. While there may be some outlier examples, the data generally does not support these claims, and worse, the unsubstantiated exuberance may […]

Luxury apartments are advertised in a realtors window on the West Side of Manhattan in New York City. Spencer Platt | Getty Images Manhattan residential sales contracts fell 31% in August while deals in the suburbs and Florida surged, suggesting that the flight from New York City continued through the […]

Here’s what you need to know: Strong sales of pandemic-friendly clothing from Athleta helped lift earnings for Gap Inc.Credit…Benjamin Lowy for The New York Times For a glimpse into how America has been dressing this summer, look no further than Gap Inc. Its only brand to post a sales increase […]