[ad_1] Protesters gathered for a third day in a row at the offices of faltering developer Evergrande, after a corporate offer of real estate and parking spaces instead of cash refunds angered already upset investors. The struggling real estate titan has warned he may not be able to repay his colossal debts of more than … Read more
[ad_1] Picture: David tracy Last week I wrote about how I visited Swedish supercar company Koenigsegg after swimming in the smelly Kattegat Strait. You might think that seeing such crisp, state-of-the-art machines would make it hard for me to appreciate rusty junkers, but you’d be wrong. Because the next day, I fell in love with … Read more
[ad_1] Some Senate Democrats are urging President Biden to re-elect Federal Reserve Chairman Jerome Powell for a second term, suggesting his replacement could erode the institution’s independence. Why is this important: Public support from centrist Democrats has the potential to land the reappointment of a figure credited with helping the country weather the massive economic … Read more
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[ad_1] Security personnel form a human chain as they guard outside the Evergrande headquarters, where people have gathered to demand repayment of loans and financial products, in Shenzhen, Guangdong province, China September 13, 2021 . REUTERS / David Kirton / File Photo September 15 (Reuters) – China’s Ministry of Housing, Urban and Rural Development told … Read more
[ad_1] Hurricane Ida, which swept through Louisiana in late August, has resulted in oil supply losses of 30 million barrels so far, leading to the world’s first drop in oil supply in five months and pushing global stocks down, the International Energy Agency (IEA) said Tuesday. Initially, Hurricane Ida blocked up to 1.74 million barrels … Read more
[ad_1] Nicolas Berggruen, a real estate investor who earned the nickname “billionaire homeless” because of his jet-set lifestyle and lack of permanent address, just shelled out $ 63.1 million for the estate Hearst in Beverly Hills, winning the prized property in a bankruptcy auction that was more competitive than some expected. On Tuesday, think tank … Read more
[ad_1] Harris rocking stores will temporarily close earlier starting Wednesday, September 15, and Publix has already reduced their opening hours. Opening hours for the new Harris Teeter store Harris Teeter temporary store hours will be 6 a.m. to 9 p.m. starting September 15, 2021, until further notice. In addition, as of September 15, the service … Read more
[ad_1] Senator Elizabeth Warren on Tuesday called on the Federal Reserve to dissolve Wells Fargo & Co., saying the bank continues to hurt consumers. In a letter to Fed Chairman Jerome Powell, the Massachusetts Democrat called for the scandal-ridden bank to be forced to separate its traditional consumer banking business from its investment banking business. … Read more
[ad_1] Uranium stocks are the latest to grab the attention of Reddit’s WallStreetBets community, and soaring uranium futures prices have prompted Wall Street analyst to raise his triuranium octoxide price targets . The analyst: Bank of America analyst Lawson Winder reiterated a neutral rating on Tuesday Cameco Corp (NYSE: CCJ) and raised the price target … Read more