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The slow roll-out of the “whitelist” lending scheme, launched by Chinese authorities to provide credit to struggling real estate developers, is reflective of the deep-seated caution surrounding the country’s residential property market. Four months after the initiative was introduced, new funding is being released at a drip feed pace due to concerns over the…
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As the upcoming U.S. presidency approaches, the issue of expiring tax breaks enacted by former President Donald Trump under the Tax Cuts and Jobs Act (TCJA) of 2017 has gained significant attention. These tax breaks, which include lower federal income tax brackets, a higher standard deduction, and doubled estate and gift tax exemptions, amongst…
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According to recent polling data and news sources, President Joe Biden is losing support from the Black community, causing concern within the Democratic party. While 87% of Black voters voted for Biden in the 2020 election, only 63% would currently choose him over former President Donald Trump in a head-to-head match-up. The Wall Street…
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Based on the information provided, here’s a possible rewrite of the article: Microsoft, Berkshire Hathaway, and Canadian National Railway are the top three stocks in Bill Gates’ investment portfolio, amounting to 67% of the $42 billion total value. Microsoft, known for its Azure cloud computing platform and AI endeavors, delivered impressive financial results in…
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According to recent economic data, UK unemployment has risen for the third consecutive month, reaching 4.3% in the three months to March – the highest rate since last summer. This development is likely to embolden the Bank of England (BOE) to reduce interest rates in the near future, as it aligns with the BOE’s…
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In response to new tariffs imposed by the Biden administration on imports of electric vehicles, steel, aluminum, semiconductors, battery components, critical minerals, solar cells, cranes, and medical products from China, the Chinese foreign ministry spokesperson Wang Wenbin stated that China strongly opposes the unilateral imposition of tariffs that violate World Trade Organization (WTO) rules…
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Peter Thiel’s venture capital firm, Founders Fund, has invested in Polymarket, a crypto-based prediction market, despite efforts by the US Commodity Futures Trading Commission (CFTC) to restrict activity on such platforms. Founders Fund’s investment in Polymarket is the first the firm has made in a platform facilitating event-betting contracts, according to Joey Krug, a…
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Due to reduced resources and learning from the conflict in Ukraine, U.S. special operations commanders are adjusting their strategies to incorporate more high-tech experts into their teams while simultaneously reducing their overall forces by approximately 5,000 troops over the next five years. This shift comes as part of a larger restructuring of special operations…
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Former President Donald Trump’s upcoming visit to Minnesota, a traditionally Democratic state that he previously claimed he could win, has sparked debate among political experts. Trump will address the Minnesota GOP’s annual Lincoln Reagan fundraising dinner, where tickets cost between $500 and $100,000 for a VIP table with three photo opportunities with the former…
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In response to a recent post by Keith Gill, also known as TheRoaringKitty, on the social platform X, stocks related to Gill and other “meme stocks” have experienced significant increases. Gill’s post, depicting a man leaning forward in a chair as a sign of intense focus, has been interpreted by users on X and…