Economy

The dollar stabilizes before the threat of the Fed; brittle yen

[ad_1] SINGAPORE, Oct 31 (Reuters) – The dollar rose on Monday as bets cooled that the U.S. Federal Reserve might signal a slowdown in its aggressive rate-hike cycle ahead of its key policy meeting this week. and while internal data points to underlying inflationary pressure. . The dollar moved broadly higher in Asian trade, particularly …

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China’s local government financing vehicles jump into land purchase

[ad_1] China’s local government financing vehicles are rushing to buy up vast amounts of land with borrowed funds, bailing out cities and provinces struggling for cash after an exodus of indebted private-sector developers. The spending spree has been unleashed in the run-up to President Xi Jinping’s expected appointment to an unprecedented third term next month …

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Nearly 4 in 10 Americans Say Family Finances Have Suffered in Past Year: NPR

[ad_1] In happier times, Susan Morrison and her husband Calvin liked to vacation in their mobile home. But they have had to park it this year due to the high cost of diesel. Susan Morrison/Susan Morrison hide title toggle title Susan Morrison/Susan Morrison In happier times, Susan Morrison and her husband Calvin liked to vacation …

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List: What are the 20 richest millionaire cities in the world?

[ad_1] Where do all the millionaires live? More and more, not where they used to. Henley & Partners, which calls itself an investment migration consulting firm, and has just launched its Global Citizens Report in partnership with wealth intelligence firm new world wealthshowing the 20 millionaire cities in the world. It’s no surprise that New …

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Opinion: 3 things the Fed needs to see before it stops raising rates

[ad_1] Publisher’s note: Joseph H. Davis is Vanguard’s Chief Global Economist. The opinions expressed in this comment are his own. The Federal Reserve is aware of the pain that spiraling prices are causing Americans. At the recent Jackson Hole Economic Symposium, Fed Chairman Jerome Powell said reducing inflation “will also bring some pain to households …

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China’s youth reject hustle culture; coping with unemployment, economic uncertainty

[ad_1] Crystal Guo says she usually works six months to a year before quitting. It’s what the 30-year-old describes as her new lifestyle of “working on and off and going to bed persistently.” Young people in China are increasingly disillusioned and frustrated with work and life, and some are now turning their backs on an …

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