FINANCIAL CRISIS

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Oct 28 2024BUSINESS

Boeing's $19 Billion Share Sale: A Money Move to Stay in the Game

Boeing has been dealing with a tough time for years now. Two plane crashes and a pandemic later, the company is looking to boost its finances. So, they've just announced a plan to sell some of their shares worth about $19 billion. This isn't their first big money move, as they've already raised $25

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Oct 04 2024BUSINESS

The Oakland Coliseum Sale: A Rollercoaster Ride

Selling a massive property like the Oakland Coliseum isn't straightforward. The city and the African American Sports and Entertainment Group (AASEG) have been trying to seal a deal for months, but things keep shifting. Recently, AASEG agreed to pay most of the money in two large chunks instead of sm

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Sep 10 2024BUSINESS

China's Property Market: A Steep Climb Back Up

China's property market has been a rollercoaster ride over the past year, leaving investors and consumers alike feeling queasy. Standard Chartered CEO Bill Winters recently warned that the market 'has not yet completely bottomed out,' despite all the turmoil. Consumer confidence remains shaky, larg

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Sep 06 2024POLITICS

Is Washington Preparing to Bail Out a Struggling China?

China's economy is facing a crisis unlike any it has seen since opening up more than four decades ago. Over a million restaurants have closed, offices are emptier than during the pandemic, and property sales are down sharply. Duty-free sales in Hainan Island plunged 30% in the first seven months of

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