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...The president has also repeatedly emphasised the importance of the “real economy” in contrast to finance and tech, as part of a campaign for “high-quality development”....
...Zeng declined to elaborate on a similar deal CATL has struck with Tesla to help the EV maker expand battery production in Nevada. “We don’t say licensing,” he said....
...The top US consumer finance watchdog has raised doubts about megamergers in the credit card industry, just as Capital One attempts to close its $35.3bn takeover of card issuer Discover Financial Services...
...Microsoft expects its partnership with Brookfield to help finance the creation of large new wind and solar farms to be built between 2026 and 2030, beginning in the US and Europe....
...of “corrosive” cross-shareholdings....
...The change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
...Indeed, if we splice out the closest proxy to this element in the University of Michigan’s Indicator of Consumer Sentiment — households’ view of their finances, relative to the year before — it hardly paints...
...These divides mean the strong headline economic numbers mask large differences in the lived experiences of households and businesses across the country....
...Households remain uncertain of the overall direction of travel, although some retailers have announced larger than expected profits spurred by the outlook for UK consumer confidence....
...Musk, the world’s richest man, switched the incorporation of his brain-implant company Neuralink from Delaware to Nevada last week....
...Despite wages increasing during this period, the rate of price rises has put fierce pressure on household finances....
...It must be noted that these statistics reflect the unique experience of multilateral development banks and development finance institutions....
...BYD’s sticker price of $11,000 for its lower-end electric vehicle models is hard to beat....
...DIC Corp, a lossmaking, heavily indebted chemicals company, owns the museum and an unstated proportion of this collection....
...That compares with the median US household income of $74,580, Yet the focus on the sticker price may not be the best way to understand the affordability crisis....
...Organisers of the Burning Man festival have announced an “exodus” of thousands of attendees stranded in the Nevada desert after torrential rains transformed an event that has become a magnet for technology...
...Foodstuffs and skincare potions benefit from economies of scale (think big vats of chemicals brewing away)....
...UK mortgages in arrears hit a seven-year high in the final quarter of 2023, according to official data that underlines the impact of high borrowing costs on households....
...At an event in Reno, Nevada, on Tuesday, Biden sought to emphasise his economic achievements, contrasting them with his predecessor’s, saying he had created millions of jobs while Trump had passed a large...
...Now, renewed global interest in Japanese stocks as an alternative to investment in China, along with efforts by Japan’s government to convince households to plough some of their $7.5tn in cash savings into...
...UK households are set to end up in a “tax sandwich” where potential cuts at Jeremy Hunt’s upcoming Budget sit between big earlier tax increases and further rises after the general election, a leading think-tank...
...The boon accounted for three-fifths of all household income growth since the last quarter of 2021, the research found....
...Labour also this week dropped its £28bn annual target for green investment amid tight public finances....
...As RBC Capital Markets analysts correctly point out, “the wisdom of the last few years of capital allocation has been debatable”....
...State media also expressed confidence in Beijing’s plan to further boost consumer spending by subsiding trade-ins of older cars and household appliances....
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