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Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq.
Cadillac declined to disclose pricing, availability and other specifics of the 2026 Vistiq, which is expected to go on sale in the U.S. in 2025.
With confirmation of the Vistiq, Cadillac’s upcoming EV lineup now matches its traditional internal combustion engine vehicle lineup, aside from an extended ESV version of the Escalade.

The 2026 Cadillac Vistiq EV.

DETROIT — Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq, a replacement for its current gas-powered XT6.
The General Motors luxury brand on Thursday released images of the Vistiq, which is expected to be its fifth EV, and slot between the company’s current all-electric Lyriq and upcoming Escalade IQ.

Cadillac declined to disclose pricing, availability and other specifics of the 2026 Vistiq, which is expected to go on sale in the U.S. in 2025.
“Our brand now has an EV entry in most luxury segments, offering customers a range of choices, and Cadillac EVs will cover most luxury SUV segments across critical global markets in the next two years,” John Roth, vice president of Cadillac, said in a release.
With confirmation of the Vistiq, Cadillac’s forthcoming EV lineup now matches its traditional internal combustion engine vehicle lineup, aside from an extended ESV version of the Escalade.
The electric SUVs — Optiq, Lyriq, Vistiq and Escalade IQ — are expected to replace their gas-engine counterparts in Cadillac’s lineup by 2030, when the brand has said it will exclusively offer EVs. It’s also producing a bespoke $300,000-plus Celestiq hatchback.
Cadillac has yet to reveal EV replacements for its two current CT4 and CT5 sedans.

The 2026 Cadillac Vistiq EV.

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The median rent in Manhattan fell 2% in November, to $4,000 from $4,095, according to a report from Douglas Elliman and Miller Samuel.
The drop, while slight, marks the first year-over-year decline in median prices in 27 months, according to the report.
Tight supply and strong demand pushed rents to record highs over the summer, holding steady in the early fall. Now, brokers say demand is fading fast.

Manhattan rents fell for the first time in over two years, as the supply of empty apartments grew and renters held out for price cuts, according to a report released Thursday.
The median rent in Manhattan fell 2% in November, to $4,000 from $4,095, according to a report from Douglas Elliman and Miller Samuel. The drop, while slight, marks the first year-over-year decline in median prices in 27 months, according to the report.

“Prices hit an affordability threshold and this is the reaction,” said Jonathan Miller, CEO of Miller Samuel.
The decline in Manhattan rents has important implications for the housing market and overall inflation, since Manhattan is the nation’s largest rental market. Renters and economists have been predicting a decline in Manhattan rents for over a year, but tight supply and strong demand pushed rents to record highs over the summer, holding steady in the early fall.
Now, brokers say demand is fading fast.
“The decline has been sudden,” said Keyan Sanai, the top rental broker for Douglas Elliman in New York. “You can feel it.”
Sanai said many landlords are quietly offering concessions, like a month of free rent, rather than cut listing prices. He had a recent one bedroom listing in midtown that was asking $4,700 a month. After negotiating, the renter won concessions that brought the effective rent down to $3,900 a month.

The number of apartments offering concessions increased to 14% in November from 12% in October, according to Miller Samuel and Douglas Elliman.
Sanai said the number of renters looking for apartments has also cooled quickly. In September, his inbox was filled with renter requests for a listing in a luxury building where units went for $7,500 a month. In October, a similar unit came on the market “and nobody was reaching out. The velocity declined rapidly.”
Of course, Manhattan rents are still the highest in the country and are still 11% higher than before the pandemic. The average rent in Manhattan is still $5,150 a month, despite also falling 2% over last year.
Inventory also remains historically tight, just under the normal 3% level, according to Miller Samuel and Douglas Elliman.
Yet brokers say renters looking for apartments may see prices continue to fall into early next year. They say job cuts in the financial and tech industries in Manhattan will limit demand from young new employees in Manhattan. Falling mortgage rates will also start to make the sales market more attractive, turning more renters into buyers.
“For landlords I think it could be a dark winter, then things will probably get brighter in the Spring,” Sanai said. “My advice to renters is to take advantage of the deals.” More

Ben Sherwood, former president of the Disney ABC Television Group, is looking to supercharge youth sports in a partnership with youth sports management platform TeamSnap.
Sherwood’s MOJO Sports platform, which boasts live game streaming, launched in 2021 with big-name backers such as NFL star Russell Wilson.
The youth sports industry is heating up after a pandemic slump, says an expert in the field, with the industry commanding a larger market than the NFL.

Former Disney TV executive Ben Sherwood coaching his son Will.
Credit: Karen Sherwood

While Ben Sherwood was working as a top Disney television executive, he was juggling another major commitment — one he couldn’t quite get the hang of.
Sherwood traveled back and forth between the East and West Coasts to coach for his son’s baseball, soccer, basketball and flag football teams. He became passionate enough about it to launch a youth sports venture, MOJO Sports, following his tenure at Disney.

“I wasn’t very good at it, but I loved it,” Sherwood, also a novelist and a former journalist, told CNBC. “As I got ready to leave Disney in 2019, my thought was how could we bring a little bit of Disney magic to youth sports and build a consumer-facing app that helps parent like me who wanted to be involved.”
Now, Sherwood is looking to level up his platform with a new partnership. TeamSnap, a sports management platform, is buying MOJO, the two sides announced Thursday morning. Financial terms of the deal were not announced.
Sherwood hopes the deal will scale MOJO to TeamSnap’s millions of users. Parents and youth team managers use TeamSnap, founded in 2009, to organize rosters and schedules, while enabling communication between parents and coaches. The business also has a business-to-business arm, which facilitates management, registration and payments for league owners.
The partners hope MOJO’s coaching resources and live game streaming will make involvement in youth sports a better experience for players, families and coaches. MOJO’s data has shown that its platform leads to lower coach churn and supports lower dropout rates for players.
This is partially due to the wide range of coaching materials available on the platform, which were created and supplied by MOJO’s partners in pro sports such as Major League Baseball. The resources give coaches the material and know-how to lead a better, and more fun, team practice, Sherwood said.

“The biggest reason kids drop out of sports is that it’s not fun,” said Sherwood. “One of the biggest reasons it’s not fun is practice sucks and the coach is terrible.”
When your kids are involved in youth sports, every weekend becomes Super Bowl weekend, said TeamSnap CEO Peter Frintzilas.

MOJO rising

MOJO Sports launched its platform in 2021 fully decked out with coaching materials, virtual player cards and a photo library for players. But the main attraction is its live game streaming, a service that, say, lets grandparents watch their grandkids’ games from across the country.
MOJO also boasts National Football League star power. Super Bowl-winning quarterback Russell Wilson, who is now with the Denver Broncos, came on board with MOJO in 2021 as a founding partner and investor. MOJO announced a partnership with NFL Flag, where Wilson serves as chairman, in August 2021.
“I’m deeply connected to our mission at MOJO, which is to enhance the youth sports experience,” Wilson said in a statement. “With the size, scale and resources of TeamSnap, the combined new platform will be unstoppable in helping us reach that goal.”

Seattle Seahawks quarterback Russell Wilson drops back to pass during the fourth quarter of Super Bowl XLIX.
Icon Sports Wire

TeamSnap’s platform captures more than two million daily active users, which will allow MOJO to scale its streaming and training content to the vast user base, Sherwood said. MOJO already has five million users worldwide on the platform, the company said.
While professional leagues such as the NFL and National Basketball Association generate billions in revenue, youth sports isn’t exactly small fry. The market captures $37.5 billion globally, with an estimated 60 million young athletes involved, according to Sports Business Journal, referencing Maia Research. The NFL made revenue of nearly $12 billion in 2022 in its main market, the U.S., NBC Sports reported.
The youth sports market as whole is heating up after a pandemic slump, when Covid restrictions limited social interactions and events, according to youth sports expert and Aspen Institute director Tom Farrey.
“Private equity is flowing billions of dollars into the youth sports market,” said Farrey. “Firms are buying up and aggregating clubs in a number of sports, and creating new products for an industry that serves as many as 30 million children and could serve tens of millions more in the U.S. alone if it can reduce attrition rates.”
Youth sports is uniquely positioned because of its ability to attract a far more devout customer than even that of top professional sports leagues. The average parent in the U.S. shells out $883 a year for one child’s sports commitments with many families paying far more, according to an Aspen Institute report from 2022. In total, parents cough up $30 billion to $40 billion annually for youth sports, the Aspen Institute added.
“I love the Liverpool Football Club, but I’m a way bigger fan of the team my son plays soccer on,” said Sherwood. “You are a much bigger fan of your child’s team than any pro team, and it’s that fandom that we are trying to unlock.”Don’t miss these stories from CNBC PRO: More