In this article 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande‘s contracted sales plunged last year as the real estate giant struggled to repay creditors. A filing Tuesday showed the company’s contracted sales of properties totaled 443.02
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Republican presidential candidate Donald Trump (C) gives two thumbs up as Donald Trump Jr. (L) and Ivanka Trump (R) stand and cheer for Eric Trump as he delivers his speech during the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Joe Raedle | Getty
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images If everything goes according to plan, the Federal Reserve in a little over two months will enact its first rate increase in three years, a move policymakers deem necessary and that markets and the economy are grudgingly coming to accept. The
Justin Sullivan | Getty Images The Powerball jackpot just won’t quit. Through 38 drawings over three months, no ticket has managed to match all six numbers drawn. For Monday night’s drawing, the jackpot is now $540 million. Yet the prize still isn’t enough to vault it into the top 10 largest lottery jackpots. The crown
NicolasMcComber | E+ | Getty Images Tax season is fast approaching — and recipients of unemployment benefits in 2021 don’t appear to be getting a tax break like they did for 2020. Unemployment benefits generally count as taxable income. The American Rescue Plan Act, a relief law Democrats passed in March last year, authorized a
Oscar Wong | Moment | Getty Images Planning to save more this year? There’s a higher 401(k) employee deferral limit for 2022, and now’s the time to boost contributions, financial experts say. Employees may funnel $20,500 into 401(k), 403(b) and other plans for 2022, up from $19,500 in 2021, thanks to cost-of-living adjustments from the
A COVID-19 vaccination card holder is handed out at a pop-up COVID-19 vaccination clinic at Larry Flynt’s Hustler Club on December 21, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images If 2021 was the year of vaccine development, 2022 will be a year marked by vaccinations and booster shots, according to a leading
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla surged 7.4% in the premarket following news that it delivered 308,600 vehicles during the fourth quarter, well above the consensus estimate of 263,026. The quarter’s deliveries were 70% above year-ago levels and about 30% higher than the prior quarter.
Antonio Brown #81 of the Tampa Bay Buccaneers looks on against the New York Jets during the game at MetLife Stadium on Jan. 2, 2022 in East Rutherford, New Jersey. Elsa | Getty Images Sport | Getty Images Antonio Brown is no longer a Tampa Bay Buccaneer, says head coach Bruce Arians, after the wide
While Michelin-starred meals can cost just $1.50 per plate, most restaurants that have earned the prestigious award charge much more. Many cost $300-$400 for one meal, but some command even higher rates. To find the most expensive Michelin-starred restaurants, the cooking website Chef’s Pencil researched dinner tasting menus in more than 450 restaurants around the
d3sign | Moment | Getty Images Has your grocery bill been making you do a double take? You’re not to blame. Inflation is. Rising prices are hitting almost every aisle in supermarkets across the U.S. The cost of steaks swelled by 25% between November 2020 and November 2021. Eggs and fish were up 8%, to
A person walks past a coal fired power plant in Jiayuguan, Gansu province, China, on Thursday, April 1, 2021. Qilai Shen | Bloomberg | Getty Images China’s economy appears to be bouncing from a “mini-downturn” into an upswing as the country eases policy, according to investment bank Morgan Stanley. The Asian giant had tightened its
In this article TSLA Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla said on Sunday that it delivered more than 308,000 electric vehicles in the fourth quarter of 2021, beating its previous single-quarter
When you start a new job, you’ll often get a rundown of the company’s history and culture. Usually, though, that information isn’t coming from one of the wealthiest people on the planet. In 1994, Microsoft made an orientation video for new employees that prominently features co-founder Bill Gates, who was already fabulously wealth at then-age
A KKR logo is displayed on the floor of the New York Stock Exchange (NYSE), August 23, 2018. Brendan McDermid | Reuters Trading stocks in the capital markets in 2021 has not been an endeavor for the faint of heart. The year could be characterized by exciting events like a powerful influx of retail
Flashpop | Stone | Getty Images Getting impatient waiting to hear if your student loans will be forgiven? Millions of other borrowers are in the same spot. The topic of loan cancellation has been floated for years now. On the campaign trail, President Joe Biden promised to forgive at least $10,000 of the debt for
A government advert on a bus stop in London encourages people to get their COVID-19 vaccine booster shots, as the Omicron variant of coronavirus spreads across the globe, Dec. 28, 2021. Vuk Valcic | SOPA Images | LightRocket | Getty Images People infected with omicron are less likely to require hospital treatment compared to patients
Gaviota Azul beach in Cancun, Mexico. Getty Images Just as countries have started to lift pandemic travel bans and Americans begin to at least think about booking vacations abroad, the spread of the delta and omicron variants of Covid-19 has thrown the tourism industry’s fortunes to the wind again. That said, hope springs eternal and
A healthcare worker administers a COVID-19 PCR test at a free test site in Farragut Square on December 28, 2021 in Washington, DC. Anna Moneymaker | Getty Images A Covid-19 outbreak on a cruise in Lisbon. Thousands of flights canceled. Colleges going remote again. It’s a new year but the pandemic continues to cause many