Markets

These 49 housing markets to see home prices fall over 15%—this interactive map shows Moody’s updated forecast for 322 markets

The reason US home prices are falling is pretty simple. Pressurized affordability. A historic mortgage rate shock—with the average 30-year fixed mortgage rate jumping from 3% to 6% this year—following the Pandemic Housing Boom’s 41.3% run-up in US home prices in just over two years has simply pushed many would- be buyers to their breaking …

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US continues to be the largest market for China’s babywear in Q3 2022

US continued to be the largest market for China’s babywear during July-September 2022. China’s total exports amounted to $802.357 million in the period, with US claiming a share of 22.50 percent, which is slightly less than the previous quarters. US was the biggest importer of the product from China despite the Xinjiang cotton ban imposed …

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Police seize 125 pounds of black market marijuana, weapons in Berrien County

BERRIEN COUNTY, MI — Police made three arrests and seized more than 125 pounds of black-market marijuana in three separate investigations in Berrien County recently. Berrien County Sheriff deputies responded to an assault with a deadly weapon complaint on County Line Rd in Watervliet Township on Nov. 27 after a 47-year-old Kentucky man allegedly threatened …

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FTX fiasco one of the most egregious cases of ‘gross negligence,’ says Ackman

Hedge-fund titan Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as implicit support for the 30-something who presided over one of the most epic bankruptcies in financial markets in recent memory. Last week, Ackman tweeted that Bankman-Fried’s statements made during a widely watched …

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Advanced Mobility Ecosystem Consortium (AMEC) Market Segmentation for Future eVTOL Services – sUAS News – The Business of Drones

The Air Mobility Ecosystem Consortium (AMEC) is aiming to demonstrate the commercial and operational viability of Advance Aerial Mobility (AAM) in the UK. This is an efficient, electric model of aerial transport complementary to existing transport infrastructure, helping to deliver both increased connectivity and net zero emission targets. In doing so, the project will deliver …

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How’s the market? Proceeds versus profit – Lake County Record-Bee

Last week, I shared information about how to avoid nasty surprises from Uncle Sam when you sell your house, specifically regarding capital gains tax. Since then, it’s come to my attention that some folks don’t really understand the difference between proceeds and profit, which is key to understanding how you’ll be taxed. The proceeds are …

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BTC Consolidates to Start the Weekend – Market Updates Bitcoin News

Bitcoin was consolidating to start the weekend, as prices once again fell below $17,000. The move comes as traders continued to digest the latest US nonfarm payrolls report. Ethereum was also marginally lower in today’s session, with price dropping below a key resistance point. Bitcoin: Bitcoin (BTC) was consolidating to start the weekend, following the …

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A Bull Market Is Coming. Here’s Warren Buffett’s Investing Advice

This year has not been easy for investors. Between surging inflation, a bear market, and the constant threat of a recession, it’s easy to feel discouraged about the future. But there is good news. Every single bear market and recession in history — no matter how severe — has eventually given way to a bull …

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Darknet markets generate millions in revenue selling stolen personal data, supply chain study finds

by Christian Jordan Howell, University of South Florida and David Maimon, Georgia State University [This article first appeared in The Conversation, republished with permission] It is common to hear news reports about large data breaches, but what happens once your personal data is stolen? Our research shows that, like most legal commodities, stolen data products …

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