Trouble in China is driving Hong Kong’s Hang Seng into a bear market
ZeroToHero Shares in Hong Kong entered a bear market on Friday, down 21 percent from their highs near the start of the year, as investors around the world grew increasingly concerned…
August 2023
How former Vanity Fair employees got started working at Standard Industries
Working there requires you in part to be multi-talented — to have “specific knowledge” of different industries and social scenes and to know “how the world works,” said Mr. Brown,…
Savor & Savor: Cooking on Vacation
Matt Tracy, 45, a shoe distributor in Portland, Maine, loves to cook. On a recent multigenerational trip to Tuscany, he and other family members cooked seven nights out of 10…
Why is Hawaii checking Hawaii electricity in Maui fire
It could take months for officials to determine the cause of the fire in Maui last week. But attorneys for some of the plaintiffs and investors are already beginning to…
Mortgage rates in the United States have risen above 7%, their highest level in 21 years
Mortgage rates rose to a 21-year high this week, a jump that will make it harder for buyers to buy homes in a market hampered by rising prices and low…
Wal-Mart is attracting more shoppers, which helps boost the economy
Wal-Mart, the largest US retailer, on Thursday reported stronger-than-expected growth in sales and profits as it attracted more shoppers willing to open their wallets, in a sign that consumer spending,…
Kansas Newspaper Raid: Objects Seized to Return to Marion County Register
The Marion County District Attorney, Kahn, said Wednesday that there was insufficient evidence to support a raid on a local newspaper last week and that all devices and materials obtained…
Fed officials avoided a winning streak at the July meeting
Federal Reserve officials welcomed the recent slowdown in inflation at their July meeting, Minutes issued On Wednesday they showed, but they stopped short of declaring victory. Instead, the officials stressed…
The IRS says the $80 billion inflow helped serve customers
One year after the Internal Revenue Service received huge cash inflows, the agency said it has increased its full-time staff to nearly 90,000, a level not seen in over a…
China and Hong Kong stocks fell as economic gloom spread
About three weeks ago, at a meeting chaired by Xi Jinping, China’s leader, and officials I confess that China’s economy was facing “new difficulties and challenges”. According to the official…