China Credit Shrinks for First Time, Loan Growth Disappoints

May 11, 2024 | Markets

Credit contracts as government bonds record net repayment Shadow banking credit shrinks in sign of risk prevention: JLL China’s credit in April shrank for the first time as government bond sales slowed, while loan expansion was worse than expected in a sign of weak...

China Consumer Inflation Rises, Factory Price Drop Continues

May 11, 2024 | Markets

China’s consumer inflation quickened in April, holding above zero for a third month, while industrial prices extended a long decline that highlights weak demand in the economy. The consumer price index rose 0.3% from a year earlier, the National Bureau of Statistics...

The Dangerous and Lucrative Business of Space Clean-Up

May 9, 2024 | Markets

Startups and governments are testing everything from kamikaze satellites to robotic grappling arms. A satellite the size of a milk carton may show a way to prevent Earth’s neighborhood from turning into a junkyard. The Nimbus, scheduled to soar on an Elon Musk rocket...

‘Seriously Underwater’ Home Mortgages Tick Up Across the US

May 9, 2024 | Markets

Southern states see jump in share of very underwater homes A dozen states have at least 2,500 more than last year: ATTOM Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states,...

The Case for Investing in Nickel Miners

May 8, 2024 | Alaska Energy Metals, Markets

With powerful magnetic and conductive properties, nickel has rapidly graduated from an industrial metal in stainless steel to a critical mineral essential to electric vehicle (EV) batteries. As nations incentivize EV adoption and manufacturers increase production,...

Gen Z Is Relying on Debt More Than Millennials Did at This Age

May 8, 2024 | Markets

Young adults in their early 20s are turning to credit cards and loans to cover the higher cost of living. Millennials transitioning to adulthood after the Great Recession had it tough. But the finances of today’s early twentysomethings are even worse. Gen Z consumers...