Policy Inconsistency Hurting China Investment
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China Is Finally Getting Serious About a Housing Rescue
Beijing has announced a plan to clear the backlog of unsold homes, but questions remain over the scale and financing of the program.The Wall Street Journal - World - China -
China Consumption and Investment Slow Unexpectedly
China’s consumption and investment slowed in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
Activists sue Russia over ‘weak’ climate policy
Russian constitutional court is considering claim, which activists hope will raise awareness about emissions. A group of activists are fighting for the right to scrutinise Russia’s climate policies, and in particular its enormous methane ...The Guardian - World - Climate -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Meta Faces EU Probe Over Facebook, Instagram Child-Protection Policies
The investigation, which could eventually lead to a fine, will look into the platforms’ use of algorithms that officials said may stimulate addictive behavior in children.The Wall Street Journal - Tech - European Union -
Republicans Force Democrats to Take Sides on Biden's Israel Policy
House Republicans passed a bill Thursday that would force the U.S. government to resume paused weapons shipments to Israel.The Wall Street Journal - World -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
California district to pay $360K to teacher fired for not following transgender policies
A California school district settled a 2023 lawsuit from a former teacher who refused to adhere to the district’s gender identity-related policies.NBC News - Top stories - California -
Investing in Space: Boeing inches closer to Starliner launch
Boeing's Starliner spacecraft is finally at the pad and on the eve of carrying astronauts. It's a debut that is imminent, yet feels bizarrely inconsequential.CNBC - Business -
Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
Justice Department formally moves to reclassify marijuana as a less dangerous drug in a historic shift in US drug policy
Justice Department formally moves to reclassify marijuana as a less dangerous drug in a historic shift in US drug policyABC News - Health -
Formal Move to Reclassify Marijuana as a Less Dangerous Drug Marks Huge Policy Shift
As the Justice Department acts, major marijuana company stocks continue to rebound.Inc. - Business -
Morehouse students divided over Biden Israel policy ahead of president's commencement speech
President Biden is set to deliver the commencement speech at Morehouse College this weekend. The well-known historically Black college for men has seen protests over the war in Gaza, but students are divided over the president's Israel policy and ...CBS News - Top stories - Joe Biden -
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Snowflake invests in Metaplane to solve data quality issues plaguing AI development
The investment in Metaplane will enable Snowflake customers to closely monitor the quality of their data assets moving through different stages of the pipeline to power downstream applications.VentureBeat - Tech -
These tips for investing in mutual funds and ETFs shine a light on your money
Leadership changes at Vanguard, a big investor favors a gold ETF, and selling stocks to buy index funds.MarketWatch - Business -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
What the Chelsea Flower Show can teach you about investing
‘In my father’s view a portfolio should be like a garden — a real garden, not a show garden’Financial Times - World -
Pension funds need ‘compelling’ returns from UK nuclear projects to invest
Potential investors tell Jeremy Hunt regulatory clarity also essential before backing new power plantsFinancial Times - World - United Kingdom -
I got bitten by a feral cat and my hospital copay wiped out my savings. I’m 50, single, with no kids. Should I cash out my $12,000 life-insurance policy?
“I was thinking about cashing it out, and using the money to max out a SEP or Roth IRA for the year. Can I max out both? Or only one.”MarketWatch - Business -
Warren Buffett Just Revealed a Secret $6.7 Billion Investment, and the Reason Why Is Eye-Opening
Learn your history, and focus on your strengths.Inc. - Business -
The church of Warren Buffett: Why thousands of investors flock to Omaha to be near the investing genius
Tens of thousands of investors attended the Berkshire Hathaway shareholders meeting in Omaha, Nebraska this year. I went to see what they were all doing there.CNBC - Business -
As the AI Gold Rush Barrels Forward, VCs Explain What Kind of AI Startups They Actually Want to Invest In
The key: finding a niche that's hard to replicate.Inc. - Business -
Takeaways from the AP's investigation into how US prisoners are hurt or killed on the job
An Associated Press investigation into prison labor in the United States found that prisoners who are hurt or killed on the job are often being denied the rights and protections offered to other American workersABC News - Health