Real Estate
Chinese police detain wealth management staff at the heavily indebted developer Evergrande
Police in a southern Chinese city say they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for the heavily indebted developer
China economic data show signs slowdown may be easing, as central bank acts to support growth
China has reported its factories picked up their pace and retail sales also gained momentum in August, suggesting the economy may be gradually recovering from its post-pandemic malaise
Stock market today: Wall Street opens lower as weak stretch continues
Stocks are opening lower on Wall Street, continuing a weak stretch on this holiday-shortened week
Manchester United, America's Car-Mart fall; Insmed, Brady rise, Tuesday, 9/5/2023
Stocks that are trading heavily or have substantial price changes on Tuesday: Manchester United, America’s Car-Mart fall; Insmed, Brady rise
Investment scams are everywhere on social media. Here's how to spot one
Social media is full of scammers promising guaranteed returns on investment, and consumers lost $3.8 billion to them last year just in the U.S., according to the Federal Trade Commission
China's government tries to defuse economic fears after real estate developer's debt struggle
China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy
Shedding equity: Housing slowdown leads to first annual drop in US homeowner equity since 2012
For the first time in more than a decade, the average U.S. homeowner with a mortgage has less home equity than they did a year earlier
Low-income tenants lack options as old mobile home parks are razed
Mobile home parks are among the few affordable options that remain for extremely low-income people
Dubai's next big thing? Perhaps a $5 billion man-made 'moon' as the city's real estate market booms
A proposed $5 billion real estate project wants to take skyscraper-studded Dubai to new heights — by bringing a symbol of the heavens down to Earth
Sam Zell, billionaire real estate investor, dies
Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as “the grave dancer” for his ability to revive moribund properties has died due to complications from a recent illness