A 20% drop in house price? 7 Prediction Models Are Crashing: Here’s Where the Other 13 Models Are Going in 2023’s Housing Market

A 20% drop in house price?  7 Prediction Models Are Crashing: Here’s Where the Other 13 Models Are Going in 2023’s Housing Market

In the early 2000s, short-sighted lenders were making loans (or rather, subprime mortgages) to homebuyers who historically wouldn’t qualify. As buyers tapped into that credit, both home prices and home construction levels soared. That party finally stalled once Fed tightening pushed the US housing market into correction mode in 2006. In the years that followed, … Read more

Hong Kong shares briefly drop 2%; China reports inflation data in line with expectations

Hong Kong shares briefly drop 2%;  China reports inflation data in line with expectations

Hong Kong movers: Real estate and tech stocks soar on reopening optimism CNBC Pro: Wall Street says a recession is coming. An investment professional names his favorite stocks to hold on Wall Street professionals are increasingly sounding the alarm about a looming recession. With economic growth slowing and inflation staying higher for longer, how should … Read more

Oil spill in rural Kansas creek disrupts Keystone pipeline

Oil spill in rural Kansas creek disrupts Keystone pipeline

TOPEKA, Kan. (AP) – An oil spill in a creek in northeastern Kansas disrupted a major pipeline carrying oil from Canada to the Texas Gulf Coast, causing oil prices to briefly spike Thursday. Canada-based TC Energy said it shut down its Keystone system Wednesday night following a drop in pipeline pressure. He said the oil … Read more

“Anti-wake-up” reaction? Fund giant Vanguard leaves the zero climate alliance.

“Anti-wake-up” reaction?  Fund giant Vanguard leaves the zero climate alliance.

Vanguard, the second-largest manager of mutual funds and exchange-traded funds in the world, is withdrawing from a major financial-industry alliance intended to help tackle climate change, the company announced Wednesday. Vanguard, in a statement, said it will track its progress regardless of the alliance, as an effort to provide “clarity” to its investors. Some environmental … Read more

Starbucks opens its web3 loyalty program and NFT community to early beta testers • TechCrunch

Starbucks opens its web3 loyalty program and NFT community to early beta testers • TechCrunch

Starbucks today launches its blockchain-based loyalty program and NFT community, Starbucks Odyssey, to its first group of US beta testers. The new initiative, which includes coffee-themed NFTs that translate into real-world experiences, is an extension of Starbucks’ existing loyalty program, Starbucks Rewards, but leverages web3 technology such as polygonal blockchain and NFTs. Announced to investors … Read more

Truck makers lobby to weaken climate policies: NPR

Truck makers lobby to weaken climate policies: NPR

The transportation sector accounts for 27% of US greenhouse gas emissions. Of that percentage, medium and heavy trucks — everything from delivery vans to big rigs — make up 26 percent according to an EPA greenhouse gas emissions inventory. Ian McDonnell/Getty Images hide caption toggle caption on/off Ian McDonnell/Getty Images Truck makers and an industry … Read more

The Starbucks odyssey begins

The Starbucks odyssey begins

08 December 2022 • 4 minutes of reading Starbucks on December 8th® Experience Odyssey Beta, powered by Web3 technology, launched to a small group of waitlist members including Starbucks customers and partners (employees) in the US Selected attendees will be able to participate in Starbucks Odyssey “Journeys,” a series of fun and interactive activities to … Read more

Former CEO Bob Nardelli warns organized retail theft is an ‘epidemic’

As big-name retailers like Walmart and Home Depot warn of increased retail thefts this holiday season, two experts predict the surge will “only escalate from here” into an “epidemic.” “Today, this thing is an epidemic. It’s spreading faster than COVID,” former Chrysler chairman and CEO and Home Depot CEO Bob Nardelli said Thursday on ‘Fox … Read more

Boeing’s Last 747 Leaves the Factory: NPR

A final Boeing 747, a freighter destined for Atlas Air, was seen during an event at the company’s Everett, Wash., facility on Tuesday. David Ryder/Bloomberg via Getty Images hide caption toggle caption on/off David Ryder/Bloomberg via Getty Images A final Boeing 747, a freighter destined for Atlas Air, was seen during an event at the … Read more