Biden sees the economy avoiding a recession, but the risks remain

WASHINGTON (AP) — President Joe Biden assured Americans Friday that the US economy is in full swing for the holiday season, but the same strength for the new jobs report Show that high inflation is still a threat to recession. At the White House, the president signed an emergency bill to avert a rail strike … Read more

China fines former NBA star Lin for his quarantine comments

Beijing – Former NBA star Jeremy Lin, who plays for a Chinese team, has been fined 10,000 yuan ($1,400) for criticizing quarantine facilities, ChinaThe professional league and Roundup said on Friday, as the government tries to halt protests against anti-virus controls that are among the world’s toughest. Also on Friday, more cities eased restrictions, allowing … Read more

A less risky path to entrepreneurial success

opinions expressed Entrepreneur Shareholders are theirs. by: Davis Smith And the Trenton Smith Most startup companies fail. According to the 2019 Startup Genome Report, 92% of startups fail. Surprisingly, only 4% of companies in the United States exceed $1 million in annual revenue, and only 0.6% reach $10 million in revenue, to me US Census … Read more

The death of Jiang Zemin, who led China’s economic renaissance

BEIJING (AP) — Jiang Zemin, who led China out of isolation after the military crushed pro-democracy Tiananmen Square protests in 1989 and backed economic reforms that ushered in a decade of explosive growth, died Wednesday. He was 96 years old. State media reported that Jiang, who was president for a decade until 2003 and led … Read more

The fire plan will cut down 2.4 million trees in New Jersey’s Pinelands

Bass River Township, NJ – As many as 2.4 million trees will be cut down as part of a project to prevent major wildfires in a federally protected New Jersey forest that has been declared a unique environmental treasure. New Jersey environmental officials say the plan to kill trees in a section of the Bass … Read more

Why China’s COVID policies are troubling investors again

Investors in China-related assets who had expected a significant easing of COVID restrictions were disappointed this week as the country grapples with its worst wave of cases since the Shanghai outbreak earlier this year. China-related ETFs have fallen this week, with iShares MSCI China ETF MCHI, -1.82% a loss of 3.4%. KraneShares CSI China internet … Read more

Economies booming with Russian wealth and immigration

Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization campaign on September 21. Daru Solakuri | Getty Images News | Getty Images While many economies are suffering from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from the influx of Russian immigrants and … Read more

Holiday shopping begins as inflationary sentiment drops

NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty remains. The US labor market remains strong, consumer spending is resilient and inflation is slowing. But higher prices for food, rent, gasoline and other household costs have weighed on shoppers. As a result, many are reluctant to spend … Read more

Falling home prices is coming. High unemployment could make it much worse

London CNN Business – Last year, Auckland’s largest real estate company was unable to sell properties fast enough to meet demand in New Zealand’s largest city. Homes were “flying out the door,” said Grant Sykes, a principal at the Barfoot & Thompson real estate agency. “There were chin-breaking moments when agents would stand across the … Read more

Launching dwarf tomato seeds to a space station aboard a SpaceX resupply flight

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news of amazing discoveries, scientific advances, and more. CNN – SpaceX’s 26th commercial resupply operation, scheduled for launch this weekend, will carry plenty of supplies, a pair of new solar arrays, dwarf tomato seeds and a host of science experiments to the International … Read more