In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The retail market in particular will reap the “best benefit,” Hannah Jeong, Colliers’ head of valuation and advisory services, told CNBC’s “Squawk Box Asia” on
Facing a $22.5 billion shortfall in fiscal 2024, California Gov. Gavin Newsom wants to reverse plans outlined in this year’s budget to cash-fund some capital projects. Using debt financing would allow for more flexibility in the 2023-24 budget, according to the preliminary budget proposal Newsom introduced Tuesday. “We had a $73 billion surplus in fiscal
Annual US inflation fell in December to its lowest level in more than a year, in a further sign that price pressures have peaked amid the Federal Reserve’s historic campaign to tighten monetary policy. The consumer price index, published by the Bureau of Labor Statistics on Thursday, declined for a sixth consecutive month, registering an
A new year has arrived, and with it, a whole host of upcoming high-profile criminal trials for crimes that have captivated the nation over the past few years. Here are the trials to watch in 2023: The University of Idaho Killings A suspect was arrested shortly before the new year in the grisly slayings of
Geologists in northern Guatemala have discovered a massive Maya site that stretches approximately 650 square miles (1,700 square kilometers) and dates to the Middle and Late Preclassic period (roughly 1000 B.C. to 250 B.C.). The findings were the result of an aerial survey that researchers conducted via airplane using lidar (light detection and ranging), in
Shiba Inu SHIB/USD topped intra-day gains on Wednesday, rising 5% and beating top meme coins by market capitalization such as Dogecoin DOGE/USD and Dogelon Mars ELON/USD . What Happened: SHIB's rally can be attributed to two major catalysts an overall crypto market in the green with Bitcoin BTC/USD breaching the $18,000 level, and Ethereum ETH/USD
BEIJING – The sudden lifting of Covid-19 restrictions in early December appeared to have caught Chinese pharmaceutical firms off guard, with two drugmakers in Beijing saying they ramped up production only after receiving notice from the government. While the worst of Chinas Covid-19 surge has abated in major cities including Beijing and Guangzhou, the abrupt
When Rep. Kevin McCarthy (RCalif.) finally secured the votes necessary to become the next House speaker, it required concessions to dissenters within his party. Members of the House Freedom Caucus demanded, among other things, a vote on the Fair Tax Act, which has been introduced in the current session. The Fair Tax Act, while likely
El Salvador has voted to pass a bill which paves the way for the issuing of President Nayib Bukele’s bitcoin bonds. The plan, which was announced in November 2021, would entail El Salvador issuing $1 billion in bonds on Blockstream's Liquid Network, a federated Bitcoin sidechain. The goal of the bond issuance would be to
close video Economic expert encourages you ‘wait’ to redeem Social Security benefits Barron’s managing editor Kristen Bellstrom reacts to younger generations preparing for the prospect of less Social Security benefits. Social Security recipients will soon start receiving a record-high increase to their benefits, with the first larger payment set to be delivered to recipients this
Striking New York City nurses reach deal with hospitals Two hospitals have reached a tentative contract agreement with thousands of striking nurses. The deal that will see nurses return to work was announced early Thursday by the New York State Nurses Association. NEW YORK – Two New York City hospitals have reached a tentative contract
After years of hyperventilating over the alleged perils to American democracy posed by foreign shitposts, it looks like Moscow’s social media campaign to influence U.S. elections accomplished little, say researchers. That is, Russian tweets had little effect, unless you count the boost it gave to the careers of pundits bloviating about the supposed vulnerability of
This is an opinion editorial by Brandon Green, the chief of staff for BTC Inc and an organizer of the Bitcoin 2023 conference. Bitcoin 2023 and Bitcoin Magazine are both operated by BTC Inc. If you’re reading this, congratulations, you’ve now experienced a true bitcoin bear market. Yes, the winter is cold, and no it
Your gear can help improve your chance of surviving in the wilderness when SHTF. After packing a bug-out or survival bag, learn how to find water, start a fire, build a shelter and find food before SHTF. (h/t to TheSurvivalistBlog.net) Different scenarios require different strategies if you want to survive in the wilderness. It’s best
Scientists have discovered another Earth-sized world that is orbiting around its star within the habitable zone and could have liquid water on its surface, according to NASA. The planet, called TOI 700 e, is about 95% of Earth’s size and is likely rocky, the space agency announced in a post on Tuesday. Astronomers previously discovered
Former Vice President Mike Pence hasn’t publicly announced whether he will run for president in 2024, but he is sounding many of the notes of a would-be candidate. In an interview with The Hill on Wednesday, Pence addressed last week’s discord among House Republicans during the Speakership election, the role abortion played in November’s
Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. To stay updated with top startup investments, sign up for Benzingas Startup Investing
Nostr has gotten a lot of attention and steam behind it since its recent addition to the list of alternative social platforms that are prohibited from promotion on Twitter. And it’s also gaining traction as it’s become clear that the Twitter buyout by Elon Musk hasn't fundamentally changed anything about freedom of expression on the
close video FOX Business Flash top headlines for January 11 Check out what’s clicking on FoxBusiness.com The Subway sandwich chain may soon be on another company's menu. The company has reportedly retained advisers to explore a sale of the closely held sandwich shop, according to the Wall Street Journal. Subway is expected to attract potential
SINGAPORE More tourists from China are visiting Singapore clinics to get vaccinated against Covid-19 with mRNA vaccines, as leisure travel between the two countries resumes after nearly three years. Raffles Medical, which operates 34 clinics in Singapore, said last week that it has noticed a steady flow of visitors from China coming to get Covid-19