Sunil Garg of Lighthouse Canton shares his outlook for e-commerce company PDD and compares China's banks sector to that of India and Korea's.

There is 'lack of confidence' in market on Chinese banks' balance sheets: Strategist

India's economic growth slowed to 6.7% year-on-year in the April-June quarter as a decline in government spending during national elections weighed, data showed on Friday, but it remained the world's fastest-growing major economy. The rise in gross domestic product was less than a 6.9% expansion forecast by a Reuters poll,...

India outperforms other major economies even as growth slows in April-June

Reuters

BEIJING (Reuters) -China's manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on Saturday, pressuring policymakers to press on with plans to direct more stimulus to households.

China's weak factory PMI raises pressure for consumer stimulus

BUENOS AIRES (Reuters) - Brazil's economy kept growing at a solid pace last quarter compared to the first three months of the year, supported by household expenditure, a Reuters poll predicted. But higher imports of goods and services likely weighed on the country's growth after surpassing less-dynamic exports at the...

Brazil's Economy Expected to Have Grown at Solid Pace in Second Quarter

In 2021, I was 36 years old, and I had a big year. Thanks to the income streams that grew from my blog and podcast, I started making enough passive income to quit my 9-to-5. This financial freedom made me start to think about what other goals I wanted to achieve, starting with what I wanted from my environment.

My dream was to own a home in Puerto Rico—at 37, I bought an oceanfront condo: Take a look inside my 'slice of paradise'

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

New York Post

Lowe’s cut its annual profit and sales forecasts on Tuesday, echoing bigger rival Home Depot’s concerns of a slim chance of a recovery in home improvement demand this year.

The Federal Reserve was expected to cut interest rates earlier this year, but insufficient proof of easing inflation thus far has kept the rates high, which is affecting home sales, and consequently demand for expensive renovation projects.

“We’re seeing significant implications … people aren’t moving nearly as often as they typically do because current mortgage rates are so much higher,” said CEO Marvin Ellison on a post-earnings call.



Big box retailers peddle Halloween products in...

Lowe’s follows rival Home Depot with dismal profit forecast: ‘People aren’t moving’

This story is part of CNBC Make It's Ditching the Degree series, where women who have built six-figure careers without a bachelor's degree reveal the secrets of their success. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. In the middle of getting a tattoo, Sess Lee...

37-year-old's hair salon brings in over $1 million a year—how she did it without a bachelor's degree

Lucy Gazmararian, founder and managing director at Token Bay Capital, discusses the potential impact of the U.S election on the cryptocurrency market.

New U.S. president must bring clarity to crypto regulation, analyst says

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank interest-rate cut.  Lithuania recorded the lowest inflation rate in August across the eurozone, at 0.7 percent, Eurostat data showed. 

Eurozone inflation falls to three-year low in August

The U.S. economy expanded at an annual rate of 3% in the second quarter of 2024, bolstered by strong consumer spending and robust business investment, according to an updated report released by the Commerce Department on Thursday. This revised figure marks an increase from the initial estimate of 2.8% growth for the period from April to June.

U.S. Economy Grows at 3% in Second Quarter, Driven by Consumer Spending and Investment

GOBankingRates

Anyone considering investing in, moving to, or retiring in France has good taste in homes away from home. It's a country of wealthy, modern cities and historic medieval villages. From world-class...

The Average Price for a Home in 2024: US vs. France

Younger adults are showing a preference for the renting lifestyle, studies show, and not just because they are priced out of ownership. From cars to clothes and homes, experts weigh in on when it makes sense to buy vs. rent. Owning isn't always what it's cracked up to be. For...

The 'rent-first' lifestyle is catching on. From cars to clothes and even caskets, here's when it makes sense to buy vs. rent

Israeli Prime Minister Benjamin Netanyahu on Monday pushed back against a new wave of pressure to reach a cease-fire deal in Gaza after hundreds of thousands of Israelis protested and went on strike and U.S. President Joe Biden said he needed to do more after nearly 11 months of fighting.

Netanyahu pushes back against new pressure over Gaza and hostages: ‘No one will preach to me’

Los Angeles, CA

Major movie studios are offering more ways than ever for film buffs to get a behind-the-scenes peek at how — and where — the magic is made. Universal, Warner Bros., Sony and Paramount use such tours to show off the movie-making process from set design and sound recording to costumes and props.

A look at the behind-the-scenes business of Hollywood studio lot tours

Kentucky State

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Northern Kentucky Tribune

This story was produced through a collaboration between the Daily Yonder , which covers rural America, and Climate Central , a nonadvocacy science and news group. On the day he would become homeless, Wesley Bryant was awoken by his wife, Alexis.

Some Kentuckians, like many rural Americans, are too poor to qualify for federal flood protections

Salem, OH

Every day, 8-year-old Emma sits in a small garden outside her grandmother’s home in Salem, Ohio, writing letters to her mom and sometimes singing songs her mother used to sing to her.

Thousands of parents die of overdoses; advocates say their kids need more help

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J. Souza

What happens when a cruise passenger forgets a personal item on the cruise ship?. Once someone has disembarked the ship at the final port there is no going back. Even if they know exactly where they left something and want to retrieve it, they won't be able to get it.

I Left My Husband's Glasses on the Ship: Cruise Line Explains to Passenger How to Get Items Back

Few Gen Z adults are saving for retirement. Just in 1 in 5 members of Gen Z, those born between 1997 and 2012, are contributing to a retirement account, according to a recent Bank of America survey. That hesitancy to invest might be driven by fear, as “a lot of...

This type of retirement account is a ‘golden egg’ for young people, says CFP—here’s why

WASHINGTON (Reuters) - U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.

Solid US consumer spending pushes against hopes for hefty Fed rate cut

NewsBreak

China's manufacturing output swung back to modest growth in August, private survey finds

China's factory activity grew modestly among smaller manufacturers last month as export orders offset weakening domestic consumption, according to a private survey. The country's official manufacturing...

China's manufacturing output swung back to modest growth in August, private survey finds

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