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Category: Economy

China’s financial regulators urge support to solve domestic debt risks
Economy

China’s financial regulators urge support to solve domestic debt risks

Pamela LoweAugust 21, 2023

China’s financial regulators held a meeting on Friday calling for coordinated support to solve domestic debt risks, according to an…

James Woods threatens to leave X (Twitter), Elon Musk replies: ‘Delete your account’
Economy

James Woods threatens to leave X (Twitter), Elon Musk replies: ‘Delete your account’

Pamela LoweAugust 21, 2023

On Friday, Elon Musk appeared to announce plans to remove the blocking feature from X, the platform formerly known as…

What do you know this week
Economy

What do you know this week

Pamela LoweAugust 20, 2023

The last full week of August will bring two major events for investors – Nvidia (NVDA) earnings and the Federal…

MTA rates rose on Sunday for the first time in 4 years
Economy

MTA rates rose on Sunday for the first time in 4 years

Pamela LoweAugust 20, 2023

The cost of metro, bus and commuter train rides will rise Sunday for the first time in four years. During…

Nissan is recalling more than 236,000 vehicles to fix a problem that can cause loss of steering control
Economy

Nissan is recalling more than 236,000 vehicles to fix a problem that can cause loss of steering control

Pamela LoweAugust 20, 2023

Nissan recalls more than 236,000 minivans in the United States because the tie rods in the front suspension can bend…

American Airlines is suing the travel site for alleged deception, and is threatening to cancel tickets sold on the site
Economy

American Airlines is suing the travel site for alleged deception, and is threatening to cancel tickets sold on the site

Pamela LoweAugust 19, 2023

American Airlines sued Skiplagged Inc. , an online travel agency, over allegations that the agency deceives customers, even though the…

US Banks Suffer ,900,000,000 Losses As JPMorgan Chase & Capital One Take Big Scores From Bad Loans: Report
Economy

US Banks Suffer $18,900,000,000 Losses As JPMorgan Chase & Capital One Take Big Scores From Bad Loans: Report

Pamela LoweAugust 19, 2023

America’s largest banks suffer a knockout blow to their bottom line as rising interest rates cause billions of dollars in…

Will the August stock market crash turn into a crash?  Here’s what to watch.
Economy

Will the August stock market crash turn into a crash? Here’s what to watch.

Pamela LoweAugust 18, 2023

The August slump in the US stock market rally in 2023 wasn’t much of a surprise, with even some of…

Asian markets fell as investors assessed inflation in Japan.  Adani shares soar
Economy

Asian markets fell as investors assessed inflation in Japan. Adani shares soar

Pamela LoweAugust 18, 2023

one hour ago Al-Adani shares rose after news of a possible investment in Taqa Shares of Indian multinational holding company…

Evergrande bankruptcy: Chinese real estate developers file for Chapter 15 protection in the United States
Economy

Evergrande bankruptcy: Chinese real estate developers file for Chapter 15 protection in the United States

Pamela LoweAugust 18, 2023

CNN – China’s Evergrande Group — once the country’s second-largest real estate developer — filed for bankruptcy in New York…

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