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China to Spend $42 Billion to Address Real Estate Market Crisis

The Chinese government announced measures to stabilize the struggling real estate market. It allocated $42.25 billion to help state-owned enterprises purchase unsold apartments, aiming to provide liquidity and promote affordable housing.


Elon Musk Revives Challenge to Mark Zuckerberg for Physical Fight a Day After the Meta CEO's 40th Birthday

Elon Musk has revived his challenge to Mark Zuckerberg for a physical fight a day after the Meta CEO's 40th birthday.

Boeing Supplier Spirit AeroSystems to Layoff Over 400 Workers Following Production Decline, Days After Whistleblower’s Sudden Death

Boeing Supplier Spirit AeroSystems to Layoff Over 400 Workers Following Production Decline, Days After Whistleblower’s Sudden Death

IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes

The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China.


Latest News

Ron DeSantis Removes Mentions of ‘Climate Change’ in Florida Laws to ‘Restore Sanity’
Climate change became less important in Florida when Governor Ron DeSantis signed a bill on Wednesday.
Chinese authorities announced plans to buy some of its huge housing inventory, simplify financing requirements, and deliver unfinished homes.
Texas Residents Win to Preserve Historic 19th-Century Farm Amid Mall Development Battle
Residents near Dallas halted a farmland-to-shopping-center project through community opposition, leading the developer to retract the proposal, while in Plano, the Haggards face possible revisions to their mixed-use development plans amid local resistance.
Japan's SoftBank Is Harnessing the Power of AI to Prevent Customer Harassment by 'Softening' Angry Callers' Voices
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients.
California Offers $400 to Drivers Willing to Test Proposed Gas Tax Alternative — Here's What You Should Know
California is offering money to drivers interested in participating in a pilot program to test an alternative to the gas tax. Here's what you need to know.
Slovak Media Fears Government Crackdown After PM Assassination Attempt
Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS.
How to Use Credit Cards Responsibly
The average consumer has $6,218 in credit card debt, and the number of borrowers who are unable to make their payments is on the rise.
US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor
The US has announced it blocked imports from 26 Chinese cotton traders or warehouse facilities tied to Uyghur forced labor.
Take-Two Announces GTA 6 Release Date, Stays Mum on KSP 2 in Latest Earnings Call
Take-Two Interactive has announced that Grand Theft Auto 6 would be released by late 2025 in its latest earnings call, but denied reports about further Kerbal Space Program 2 upgrades and developments getting canceled when asked about its fate.
UPS Picks Goldman Sachs to Oversee Its $43.4 Billion Pension Funds
UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.
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