China’s property bubble just got pricked — this could mean trouble for the stock market New home prices in China slid 0.8% in September. It was the country’s first real estate decline in six years, triggered largely by the Evergrande fiasco. Residential sales, meanwhile, tumbled 17%. Given China’s massive role in global trade, its problems could easily extend to the U.S. economy and spark something worse than inflation: stagflation. Stagflation refers to an economy that’s experiencing… Source link

The Pixel 6 Pro.  Andrew Hoyle/CNET … Source link

Over the last year, the narrative surrounding central bank digital currencies (CBDCs) has advanced considerably. From an almost entirely conceptual discussion, CBDCs are now in various stages of research and development to ascertain how they could work in practice. China’s digital yuan is currently leading the pack. Following several pilots, the Chinese government is expected to roll out its CBDC to a population of over a billion people in 2022. While no other country has yet reached the… Source link

Google’s Pixel 6 phones Google … Source link

In this article, we discuss the 11 best high dividend stocks to buy according to billionaire Cooperman. If you want to skip our detailed analysis of Cooperman’s history, investment philosophy, and hedge fund performance, go directly to the 5 Best High Dividend Stocks To Buy According To Billionaire Cooperman. Leon Cooperman is an American hedge fund manager and a self-made billionaire, who serves as the chairman and chief executive officer of Omega Advisors, an investment advisory firm in… Source link

In this article, we will discuss the 10 best tech stocks to buy now. If you want to skip our detailed analysis of the technology sector and these stocks, go directly to the 5 Best Tech Stocks to Buy Now. The technology sector remains an attractive investment avenue for investors around the globe, whether they are novices just starting out their investment journey, or seasoned investors like Warren Buffett, Cathie Wood, Ken Griffin, and John Armitage, whose investment portfolios are brimming… Source link

By Nnamdi Ojiego In this special report, Sunday Vanguard examines the menace of internet fraudsters otherwise known as Yahoo Boys and the dangers it poses to society. A few days ago, a story was told of how Obinna, a 30-year-old agricultural commodity export businessman, was fleeced of $150,000 by those who posed as commodity buyers from Dubai. Upon investigations, it was discovered that the bank, which purportedly sent the letter of credit from New Zealand to a bank in Nigeria, is no longer… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American 

MILAN, Oct 23 (Reuters) – Italy reported 39 coronavirus-related deaths on Saturday, the same number as the day before, the health ministry said, while the daily tally of new infections inched up to 3,908 from 3,882. Italy has registered 131,802 deaths linked to COVID-19 since its outbreak emerged in February last year, the second-highest toll in Europe after Britain and the ninth-highest in the world. The country has reported 4.74 million cases to date. Patients in hospital with COVID-19 – not… Source link

(Bloomberg) — Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania. Most Read from Bloomberg News late Wednesday that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company has sent retail investors into a frenzy, even with few details released. The stock gain drove the implied value of the new venture to more than $8.2 billion. Based on figures from press… Source link