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economics

  • economics

US Existing Home Sales Drop by 1.9% in April Driven by High Interest Rates and Housing Prices

Erin DohertyMay 22, 20244 mins

Due to the increase in mortgage rates and housing prices, the unexpected drop in existing home sales in the United…

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  • economics

Suning defaults on debt, Oaktree Capital takes control of Inter Milan per agreement

Paul PriceMay 22, 2024May 23, 20245 mins

Oaktree Capital, an American investment fund, announced on Tuesday (May 22) that it will take over Inter Milan Football Club,…

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  • economics

30,000 People Evacuated from Kunshan as Jiangsu Research Institutes Face Financial Shortfall

Jesse HanMay 22, 2024May 22, 20249 mins

China’s local government financial crisis has spread to universities. Government subsidies at the Kunshan Research Institute in Jiangsu Province have…

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  • economics

Fed Report: 65% of Americans’ Financial Situation Worsening Due to High Inflation

Paul WilkinsMay 22, 20245 mins

Despite a potential slowdown in inflation in the United States last year, high inflation continues to bring economic hardships to…

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  • economics

British Chamber of Commerce: Doing business in China to become more difficult in the next 5 years

Paul WilkinsMay 22, 2024May 22, 20242 mins

The “British Chamber of Commerce in China” said on Wednesday (22nd) that despite the efforts of the Chinese government to…

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  • economics

Trade tensions rise, China considers increasing tariffs on large cars from Europe and America.

Lily AndersonMay 22, 2024July 4, 20244 mins

On Tuesday, May 21, the “EU-China Business Association,” representing Chinese enterprises in Europe, stated in a press release that China…

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  • economics

“Godzilla vs. Kong: New Empire” director not returning for sequel.

Bill SnyderMay 22, 20243 mins

As of today, “Godzilla vs. Kong: The New Empire” is not only the second highest-grossing film of the year, but…

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  • economics

US Analysts Point Out Three Major Reasons for the US Not Heading Towards Economic Decline

Tomikazu WatanabeMay 22, 20246 mins

In the past two years, many economists have predicted that the United States would face an economic recession, but it…

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  • economics

Mainland banks lower salaries again, with customer managers earning less than a thousand yuan per month.

David SessionsMay 22, 2024May 22, 20248 mins

In recent years, news of salary cuts in the banking industry in China has been continuously emerging. On a certain…

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  • economics

Fast food price war in the US begins, Wendy’s launches $3 breakfast to challenge McDonald’s

John UtMay 22, 20243 mins

In the race to attract customers, the price war in the American fast food industry is heating up. First, fast…

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