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Economy

Huge real estate player acquires San Jose industrial center

by Ev Richard
Huge real estate player acquires San Jose industrial center

SAN JOSE — A $100 billion real estate titan has purchased an industrial building in San Jose, demonstrating that certain sectors of commercial real estate are still in demand despite …

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Categories Technology

Amid Low Poll Numbers, White House Ramps Up Bidenomics Efforts

by James Odonell
Amid Low Poll Numbers, White House Ramps Up Bidenomics Efforts

US President Joe Biden speaks about his economic plan “Bidenomics” at the Philly Shipyard, in Philadelphia, Pennsylvania, on July 20, 2023. Mandel Ngan | AFP | Getty Images President Joe …

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Categories Politics

Australia’s ‘weakest’ economic growth sparks prediction of a ‘Consumer’ recession in 2023

by Craig Fedirighi
Australia’s ‘weakest’ economic growth sparks prediction of a ‘Consumer’ recession in 2023

Australians are being warned the country’s economy is on a “knife-edge“ after the Reserve Bank of Australia’s string of interest rate hikes, with a “consumer recession” predicted for 2023. The …

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Categories Business

County agency’s affordable homes push gets boosted by San Jose apartment deals

by Abhishek soni
County agency’s affordable homes push gets boosted by San Jose apartment deals

SAN JOSE — A Santa Clara County housing agency says its deals to buy senior citizen apartment complexes in San Jose will help it chart a steady course for the …

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Categories Lifestyle

Ottawa Encourages Parties to Finally Resolve B.C. Port Strike

by James Odonell
Ottawa Encourages Parties to Finally Resolve B.C. Port Strike

The on-off strike saga at British Columbia’s ports appears to be over — for now — as workers returned to work Thursday. Federal Transport Minister Omar Alghabra said he was …

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Categories Politics

Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

by Adrian Jhonsan
Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on …

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Categories World

Premarket: NFLX, TSLA, UAL Among Stocks with Significant Momentum

by Adrian Jhonsan
Premarket: NFLX, TSLA, UAL Among Stocks with Significant Momentum

The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, July 12, 2023. Mike Blake | Reuters Check out the companies making headlines before the …

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Categories World

June’s UK inflation rate falls to 7.9%, falling short of expectations

by Adrian Jhonsan
June’s UK inflation rate falls to 7.9%, falling short of expectations

Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations …

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Categories World

Why Jobs May Vanish – Artificial Intelligence is Not to Blame

by Adrian Jhonsan
Why Jobs May Vanish – Artificial Intelligence is Not to Blame

Fears about artificial intelligence leading to job losses have spread in recent months, but other economic factors may be much bigger risks. Realpeoplegroup | E+ | Getty Images Fears about …

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Categories World

Inflation Print Prompts Drop in UK Borrowing Costs

by Adrian Jhonsan
Inflation Print Prompts Drop in UK Borrowing Costs

Andrew Bailey, governor of the Bank of England, at a Group of 20 finance meeting in India, on Monday, July 17, 2023. Bailey has been facing pressure over the extent …

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Categories World
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