IMF warns on China’s property market worsening

Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images The International Monetary Fund (IMF) warned of a possible worsening of the state of China’s property market as it trimmed its growth expectations for the world’s second-largest economy. In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%,

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How culture and social media are shaping the 2024 presidential race

How culture and social media are shaping the 2024 presidential race – CBS News Watch CBS News Dr. Marcus Collins, author of “For the Culture,” joins “CBS Mornings Plus” to discuss the influence of social media on voter decision-making. With 19 days left in the race, a CBS News poll reveals more than 20% of voters frequently use social platforms to stay informed. Be the first to know Get browser

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Continental cuts sales guidance, posts Q3 profit beat By Reuters

(Reuters) – German automotive and industrial supplier Continental on Monday (NASDAQ:) cut its sales guidance for the second time this year, blaming weak demand in Europe and North America, even as it posted third-quarter core profit above expectations. Continental now expects sales for 2024 to be between 39.5 and 42 billion euros ($42.9 and $45 billion), down from the 40 to 42.5 billion euro range it gave in August. That

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Shiba Inu Burn Rate Spikes 1000% As Nearly 500M SHIB Burnt, 300% Rally Next?

Against the backdrop of a highly bullish market on Monday, the Shiba Inu burn rate once again witnessed a remarkable surge, propelling market optimism surrounding the meme coin’s price run ahead. As per recent data, the meme token noted a roughly 1000% surge in its burn rate as nearly 500 million SHIB were destroyed. This chronicle has projected investor bullishness on the Ethereum-based meme token’s future prospects, with the broader

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Shiba Inu Price Records Largest Weekly Gain Since Feb, ATH Next?

Shiba Inu price has soared over 64% in the last 6 days, recording the largest weekly gain since February 2024. This increase comes amid Bitcoin breaking previous all-time highs and the entire crypto market surging to $2.915 trillion. This is just slightly shy of the 2021 top of $3.006 trillion. A crypto analyst shared that he expects one more resistance before SHIB rallies back to a previous all-time high. Can

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India’s luxury airline flies into the sunset

Getty Images Vistara will become fully integrated with Air India starting Monday Indian full-service carrier Vistara will operate its last flight on Monday, after nine years in existence. A joint venture between Singapore Airlines and the Tata Sons, Vistara will merge with Tata-owned Air India to form a single entity with an expanded network and broader fleet. This means that all Vistara operations will be transferred to and managed by

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Energy smart meter issues creating north-south divide

BBC Smart meters enable people to monitor their electricity and gas use The way smart energy meters work in northern England and Scotland is causing issues for customers, BBC Panorama has been told. The body that represents energy companies, Energy UK, has confirmed for the first time there is a regional divide – because of the way meters send usage data back to suppliers. The technology used in the north

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Sales of $10 million homes surge in Palm Beach and New York

Tarpon Island, a private island in Palm Beach, Florida, sold for $150 million in May 2024. CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Sales of ultra-luxury homes surged in New York, Miami and Palm Beach, Florida, in the second quarter, even as they fell

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