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It's been three months since the crippling curbs were ended. Are people spending the way they used to?
A Hong Kong property developer is bringing new commercial buildings to the market even as the competition for tenants intensifies amid record-high vacancies.
California, which has the US’s highest rate of homelessness, will likely ask voters to approve billions of dollars more in spending to help address a crisis that’s spilled onto the streets of every major city in the state.
The Federal Home Loan Bank System issued $304 billion in debt last week, according to a person familiar with the matter, who asked not to be identified discussing non-public data. That’s almost double the $165 billion that liquidity-hungry lenders tapped from the Federal Reserve.
A banking crisis in a matter of days has emerged to potentially choke off a red-hot economy, raising the odds of a recession that the Federal Reserve has been working to avoid.
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