China’s attempts to save its flailing housing market haven’t boosted confidence among top Wall Street analysts
Nantong, China China officials have directed a wave of stimulus measures at the country’s beleaguered property market, but the effort hasn’t done much to impress Wall Street experts. On Thursday, China unveiled new measures to prop up its flailing housing market, including quicker access to credit for developers and renovations in run-down urban areas. The…
I was a guest at Norway’s royal wedding. The dress codes were daring and fun — and the only cameras belonged to Netflix.
Princess Keisha and Prince Kunle Omilana (right) attended Princess Märtha Louise and Durek Verrett’s royal wedding in Norway on August 31. This is an as-told-to essay based on a conversation with Princess Keisha Omilana, an American model, entrepreneur, and wife to Prince Kunle Adebayo Omilana, a Nigerian royal. The couple attended the wedding of Princess…
Here’s the trading playbook as data piles up in support of a ‘no landing’ for the US economy
As Wall Street engaged in a forecasting tug-of-war over the path of the US economy, few predicted anything other than a soft landing or a recession this year — but in the past month, a streak of hot macro data has placed a third option on the table. The “no landing” scenario entails a continued…
2 signs you’re saving too much for retirement, according to financial planners
Saving too much for retirement has two obvious red flags. Saving too much for retirement can be a bad thing, though it’s not all that common. “An overwhelming majority of people either are saving enough or not saving enough,” says financial planner Brian Walsh of SoFi. “It’s very rare that someone’s actually saving too much…
We heard from 1,000 older Americans: Here are some of their biggest regrets
Older Americans said they wished they had saved more for their retirement and emergencies. Over 1,000 Americans between the ages of 48 and 90 told B-17 their biggest regrets in life. Those insights show how perplexing retirement and planning for it can be. Responses to an opt-in B-17 reader survey, along with interviews with 20…
3 signs investors should expect the bull market to continue for a third year in 2025
The stock market has been experiencing a bull market for the last two years. The S&P 500 bottomed in October 2022 and has gained nearly 70% since then. It’s safe to say that the economy is on much better footing than it was two years ago. Although there are still concerns about rising prices, headline…
We are 15 days from the 2024 presidential election. Here’s where things stand.
Former President Donald Trump has slightly cut into Vice President Kamala Harris’ lead heading into the home stretch before Election Day. In just over two weeks, Election Day 2024 will be here — a final cap to a wild, at times unprecedented presidential fight that, for the moment, remains far too close to call. The…
The West is trying to starve the wrong part of Russia’s war machine, defense experts say
Defense experts argue the West should sanction key materials and components needed for Russian artillery. For centuries, a key to battlefield victory has been destroying the enemy’s artillery. Left unmolested, the big guns could devastate troops, vehicles, fortifications and supply lines. Thus, nations have resorted to cavalry charges, tank blitzes, bombs and howitzers to take…
Elon Musk is flexing his wealth and political power unlike any of the richest men before him
Tesla CEO Elon Musk, the world’s richest man, stands out from the other Americans who preceded him in holding the same title. America has never seen a megadonor quite like Elon Musk. On Thursday, the world’s richest man held a town hall event in Pennsylvania, the largest swing state in the 2024 race. The Tesla…
