U.S. SEC’s Crypto Guidelines Push Up Costs For Lenders, Disrupting Projects
By Hannah Lang and Michelle Price WASHINGTON (Reuters) – Banks’ cryptocurrency projects have been upended by U.S. Securities and Exchange…
China’s Property Woes Deepen In Aug As Prices, Sales And Investment Drop
By Liangping Gao and Ryan Woo BEIJING (Reuters) -Woes in China’s property market worsened in August, with official data showing…
China’s Evergrande Starts Mass Production Of First EV Model
SHANGHAI (Reuters) – China Evergrande Group said its electric vehicle (EV)unit started mass production of the Hengchi 5 model at…
China’s Economy Perks Up But Property Crisis Worsens
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s economy showed surprising resilience in August, with faster-than-expected growth in factory…
China’s Property Sector Contracts Further With Prices, Sales Falling
BEIJING (Reuters) -China’s property sector contracted further in August, with falls in home prices, investment and sales, official data showed…
FedEx to close stores, put off hiring as demand slumps
FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought…
Dollar Holds Ground Ahead Of Fed, Yuan Under Pressure
By Rae Wee SINGAPORE (Reuters) – The dollar eased from multi-year highs on Friday after a strong rally earlier in…
Lawsuit Claims Pfizer Fellowship Program Is Biased Against Whites, Asian-Americans
By Jonathan Stempel NEW YORK (Reuters) – A group of medical professionals that advocates against “radical, divisive, and discriminatory ideology”…
Wall St Tumbles Amid Fed Tightening Jitters, Economic Rumblings
By Stephen Culp NEW YORK (Reuters) – Wall Street ended sharply lower on Thursday, extending its losses in late afternoon…
Mortgage rates hit 6%, first time since 2008 housing crash
WASHINGTON (AP) — Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing…