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By Kevin Yao BEIJING (Reuters) -China will roll out more stimulus to support a slowing economy this year, but concerns over debt and capital flight will keep measures targeted at shoring up weak demand in the consumer and private sectors, sources involved in policy discussions said. The world’s second-largest economy…
Fashion retailer Next’s share price surged on Monday after the firm released an unscheduled trading update. The company was last 4.8% higher in start-of-week trading, at £67.48 per share, and leading the FTSE 100 northwards. Next declared that “trading in the last seven weeks has been materially better than the…
Key takeaways The Fed paused interest rate hikes for the first time in nearly a year last week, giving hope mortgage interest rates might fall Spring selling season saw record lows of homes for sale across U.S. The median national sale price of a home has fallen 1.7% in April…
Student loan borrowers have a lot to juggle right now. The student loan pause is ending soon, and millions of borrowers will be returning to repayment for the first time in over three years. Meanwhile, the Supreme Court is about to rule on President Joe Biden’s sweeping student loan forgiveness…
For more than three years, federal student loan borrowers have not had to make monthly payments. But that pandemic-era pause is coming to an end this fall, setting up a financial shock for millions of Americans – and the big-name stores where they shop. About 44 million borrowers in the…
Inflation for the month of May came in at an annual rate of 4% and the White House immediately and misleadingly tweeted that “inflation has fallen by more than half.” In reality, inflation is increasing, not falling. Only the rate at which it is increasing slowed — and not by…
Exercise is one of the daily practices that experts recommend for a long and healthy life. And Dr. Peter Attia, a physician who researches longevity, thinks exercise has a greater effect on lifespan than other lifestyle factors like nutrition and sleep.”Longevity, both through lifespan and healthspan, is impacted more through…
Top 10 most expensive metro areas for rentersNew York City, N.Y., Newark, Jersey City, N.J.Miami, Fort Lauderdale, Pompano Beach, Fla.Oxnard, Thousand Oaks, Ventura, Calif.San Diego, Chula Vista, Carlsbad, Calif.Urban Honolulu, HawaiiLos Angeles, Long Beach, Anaheim, Calif.Napa, Calif.Naples, Marco Island, Fla.Washington D.C., Arlington, Alexandria, Virg.Bridgeport, Stamford, Norwalk, Conn.The New York City…
Spotify executive and popular podcaster Bill Simmons has hit out at Prince Harry and Meghan, Duchess of Sussex, labeling them “grifters,” after their multi-year partnership with Spotify ended on Friday. “I wish I had been involved in the ‘Meghan and Harry leave Spotify’ negotiation,” Simmons said on his self-titled podcast…
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