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Economy
478 posts
Walz brings extensive China experience to Democratic ticket
HONG KONG — Before being named Vice President Kamala Harris’ running mate, Tim Walz’s career included extensive experience with China — a relationship that drew immediate GOP criticism and became a hot topic of discussion on Chinese social media Wednesday. The Minnesota governor's ties with the country, which stretch back to his first days out
These Cities Have More Housing Stock Than Before the COVID-19 Pandemic
Homebuyers have had fewer houses to choose from than they did before the COVID-19 pandemic—even though active listings were up by more than 36% in July. But some places are bucking the trend. A dozen metros among the top 50 largest areas saw higher housing stock levels compared with typical 2017 to 2019 levels in
US Polling ‘Nostradamus’ Reveals His Thoughts on Harris’ VP Pick Tim Walz
Historian Allan Lichtman, who rose to prominence for his impressive record predicting the outcome of most presidential elections since 1984, has revealed his thoughts on Minnesota Governor Tim Walz, Kamala Harris' choice for running mate Walz was revealed as Harris' pick for vice president on Tuesday, beating out other prominent frontrunners such as Arizona Senator
Capitulation: Yen Plunges, Nikkei Soars After BOJ’s Uchida Says “Will Not Raise Rates When Markets Are Unstable”
It hasn't been even a full week since the BOJ's catastrophic decision to hike rates by 25bps in a slowing, deflating economy, a decision which we said the BOJ would make for purely political reasons, yet which touched on in our preview last week.... BOJ preview: whatever is the dumbest possible thing that can happen
Who is Muhammad Yunus, the Nobel laureate leader of Bangladesh’s interim government?
CNN — A Nobel laureate known as the “banker to the poor” will aim to bring stability to Bangladesh after he answered a call by student protesters for him to temporarily lead the restive country following weeks of deadly anti-government demonstrations. Muhammad Yunus, 84, will head an interim government following the toppling of the South
Mike Rogers, Elissa Slotkin set for Senate showdown in Michigan after coasting to victory in primaries
Former GOP Rep. Mike Rogers is set to face Democratic Rep. Elissa Slotkin for Michigan’s open Senate seat after both candidates coasted to victory in their primaries on Tuesday night. Slotkin, 48, and Rogers, 61, respectively held 75.2% and 69.8% of the vote when the Associated Press called the contests in their favor at 9
NYC police union backs controversial bill to regulate hotels, which owners call ‘nuclear bomb’ for industry
The union representing New York City police officers has endorsed controversial legislation to more strictly regulate hotels, which owners of inns claim will crush the Big Apple’s lodging industry. Intro. 991 — the Safe Hotels Act — will make it easier to rein in problem-plagued hotels, Police Benevolent Association President Patrick Hendry said, joining forces
Joy and relief as South Africa manages to keep its lights on
Joy and relief as South Africa manages to keep its lights on Ed Habershon / BBC Business is better for restaurant owner Sizeka Rashamosa now that she has a reliable electricity supply Regular power cuts had become a feature of South African life and fed feelings the country was moving in the wrong direction, but
Crypto Comeback? Bitcoin, Ether And Other Assets Climb After US Recession Fears Spark Heavy Losses.
Forbes Business Breaking Crypto Comeback? Bitcoin, Ether And Other Assets Climb After US Recession Fears Spark Heavy Losses. Robert Hart Forbes Staff Robert Hart is a London-based Forbes senior reporter. Following Aug 6, 2024, 07:11am EDT Share to Facebook Share to Twitter Share to Linkedin Topline Bitcoin, ether and other top cryptocurrencies regained ground Tuesday
Will Recession Fears Cause Emergency Fed Interest Rate Cuts? Most Likely Not, Economist Says.
Forbes Business Breaking Will Recession Fears Cause Emergency Fed Interest Rate Cuts? Most Likely Not, Economist Says. Derek Saul Forbes Staff Derek Saul has covered markets for the Forbes news team since 2021. Following Aug 6, 2024, 11:49am EDT Share to Facebook Share to Twitter Share to Linkedin Topline History suggests it’s highly unlikely the