China’s real estate market, the backbone of its economic growth, has been navigating treacherous waters since late 2020. Multiple indicators suggest that we are nearing stabilization, yet this notion is not without its skeptics. Reports from analysts at UBS indicate a potential turning point, pointing to a modest 30% increase in secondary home sales in
Wealth
In a surprising move, President Donald Trump has proposed to transfer the management of the federal student loan portfolio from the Department of Education to the Small Business Administration (SBA). With student debt surpassing a staggering $1.6 trillion, one cannot help but question the wisdom of placing such a crucial financial responsibility in the hands
Nvidia’s CEO Jensen Huang has taken a seemingly optimistic stance regarding the economic fallout from President Trump’s tariffs. He insists that the impact will be minimal in the short run, yet this perspective can be dangerously naive. Huang’s assertion that “there’s a lot of AI to build” does not erase the reality that tariffs can
Printemps, an iconic French luxury retailer, has officially planted its flag in the United States with a grand opening in New York City’s Financial District. This significant move, coinciding with the arrival of spring, marks a new chapter for the 158-year-old brand known for its breathtaking offerings and unique shopping experience. Spanning an expansive 55,000
A federal judge’s recent decision to block the Trump administration’s Department of Government Efficiency (DOGE) from accessing personal information at the Social Security Administration (SSA) has raised significant concerns. This ruling, which comes on the heels of the contentious political climate, reveals a deepening crisis within the SSA that threatens the very livelihoods of millions
Market corrections are often misconstrued as ominous signs for the economy and investors alike. However, they should be seen as opportunities rather than disasters waiting to unfold. Corrective movements, characterized by declines of 10% or more from recent peaks, are not rare occurrences; they are intrinsic to the stock market’s nature. Historical evidence supports this
In a climate fraught with uncertainty, building contractors have taken the alarming step of raising project bids by as much as 20%, a bold reaction to looming tariffs on essential construction materials. This shift is not merely a reflection of current market conditions; it illuminates a pervasive fear that further increases are imminent. The CEO
In a surprising turn of events, Nvidia’s CEO Jensen Huang, known for his visionary insights and often bold claims, stepped back from his previous assertions regarding quantum computing during the company’s inaugural “Quantum Day”. Rather than alleviating investor anxieties about the future of this cutting-edge technology, Huang’s latest comments sent shockwaves through the sector, demonstrating