China’s recent initiatives to boost support for the real estate market have been applauded, but analysts warn that tangible results may take some time to materialize. Despite the government’s efforts, S&P maintains its initial assessment that the property market in China is still on a downward trajectory, according to Edward Chan, director of corporate ratings.
As the spring housing market picks up steam, homeowners are once again turning their attention to home renovation projects. While the frenzy of the pandemic-era may have cooled off slightly, the investment in home spaces is still significant. According to the 2024 Cost vs. Value report from Zonda Media, some projects are now offering the
In recent years, there has been a noticeable increase in the number of newly built homes hitting the market. According to a report by Redfin, approximately 33.4% of single-family homes available for sale in the first quarter were new builds, nearly double the pre-pandemic levels. This surge in new construction homes has been attributed to
This summer, American travelers have experienced a broad decline in airline fares, which comes as a relief after the high prices seen in the previous year. However, it is important to note that airfare costs have actually increased for certain regions and destinations in 2024, particularly for international trips. According to data from travel site
Red Lobster, a beloved seafood chain, has recently made headlines for filing for Chapter 11 bankruptcy protection. This move comes amidst a difficult macroeconomic environment, a bloated restaurant footprint, failed strategic initiatives, and increased competition within the industry. With significant debt and long-term leases weighing the company down, Red Lobster is in the process of
Ryanair recently announced their best-ever annual profit, showcasing a significant increase in passenger numbers and revenue. Despite the challenges brought about by the Covid-19 pandemic, the airline managed to serve 184 million passengers, reflecting a 23% increase from pre-pandemic levels. Additionally, revenue rose by 25% year-on-year to 13.44 billion euros, indicating a strong financial performance
Investors are always on the lookout for stable and high-performing dividend stocks, and Ares Capital (ARCC) seems to fit the bill. The company focuses on financing solutions for small- and middle-market companies, making it a potentially lucrative investment option. With a quarterly dividend of 48 cents per share and an attractive yield of 9.1%, ARCC
One of the biggest concerns surrounding Social Security is the potential depletion of trust funds in the next decade. However, it is important to note that even if the trust funds are depleted, the program will still have revenue from payroll taxes. This means that benefits will still be distributed, albeit potentially at a reduced
The stock market saw a positive week, with the bulls taking control as cooler inflation data was released. The Dow Jones Industrial Average closed above 40,000 for the first time, marking a 1.24% gain for the week. Both the S & P 500 and Nasdaq Composite also reached new all-time highs, fueled by the favorable
The U.S. Securities and Exchange Commission is facing a crucial decision regarding the approval of ether exchange-traded funds, but doubts loom over the outcome due to the absence of a comprehensive regulatory framework for cryptocurrencies. Ric Edelman, head of the Digital Assets Council of Financial Professionals, highlighted the need for updated regulations to protect investors