by Bloomberg.com | Mar 4, 2024 | alerts, Markets/Economy
Chinese developer saw transactions plunge 85% from a year ago Chairman pledges to deliver projects with its own resources Country Garden Holdings Co. posted its biggest sales decline in at least seven years, adding to the woes of the Chinese property developer that is...
by Liberty Street Economics | Mar 4, 2024 | alerts, Markets/Economy
Inflation around the world increased dramatically with the reopening of economies following COVID-19. After reaching a peak of 11 percent in the second quarter of 2021, world trade prices dropped by more than five percentage points by the middle of 2023. U.S. import...
by Bloomberg.com | Mar 3, 2024 | alerts, Markets/Economy
Fortescue tipped for biggest earnings decline among peers Shares have faltered recently after months-long climb Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February as investors turned sour on the company’s earnings growth and...
by Bloomberg.com | Mar 3, 2024 | alerts, Markets/Economy
Premier Li Qiang will deliver government work report at NPC Investors will scrutinize policy priorities as economy falters China is set to announce its 2024 growth target and outline its strategy for supporting the slowing economy at the nation’s most high-profile...
by ShellyPalmer.com | Mar 3, 2024 | alerts, Markets/Economy
Ban generative AI? Wait, what? Nonsense! Except that Paizo, publisher of popular tabletop role-playing games (TTRPG) like Pathfinder and Starfinder, said it is banning AI-created work and would update its contracts in the coming days to mandate that any work submitted...
by Bloomberg.com | Mar 3, 2024 | alerts, Markets/Economy
More than 40% of all US mortgages were originated in 2020 or 2021, when the pandemic drove borrowing costs to historic lows and triggered a refinancing boom, according to data from Black Knight. That’s good news for all the homeowners who locked in cheap loans — but...
