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What’s going on with China’s shadow banking system?
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Goldman Sachs cuts US recession odds to 15% as economic optimism grows
New York CNN — Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many thought was
More remote workers are willing to move in order to find affordable housing
Washington, DC CNN — Housing is the least affordable than it has been in about four decades. But buying or renting a
China relaxes mortgage rules to help homebuyers in latest stimulus push
Hong Kong CNN — China just made it easier for people to buy homes, in a move that could affect $3.5 trillion
France announces more food price caps in effort to curb inflation
Paris CNN — The number of price-capped products in French supermarkets will double to 5,000, finance minister Bruno Le Maire said Thursday,
Dollar General shares tumble after it cuts forecasts, blaming a spending slump and theft
New York CNN — Dollar General slashed its sales and profit outlook for the year on Thursday, blaming headwinds including weaker consumer
Country Garden: China’s biggest homebuilder is fighting for its life. Here’s what you need to know about the real estate crisis
Hong Kong CNN — Just a few months ago, Country Garden was the biggest property developer in China, with more than 3,000
UBS will cut 3,000 jobs in Switzerland as it absorbs Credit Suisse
London CNN — UBS expects to shed around 3,000 jobs in Switzerland as it tries to save $10 billion from a sweeping
US intel: Ukraine war caused ‘one of the most disruptive periods’ for global food security
CNN — Russia’s invasion of Ukraine caused deep disruptions in the global food supply, raising prices and increasing the risk of food
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