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The rise in residential prices in the US reached a new high in June, driven by low interest rates and tight housing
In a situation where housing supply is tight, low-interest loans spurred buyers to compete for prices, and US housing prices once again recorded the biggest increase in more than 30 years.
Apple Inc's new watch may be delayed due to production problems.
Apple Inc's upcoming smartwatch has encountered production problems because the manufacturer's adjustments to the new design may cause delays, according to a person familiar with the matter. It has been reported that the new watch is expected to have a larger screen and a faster processor. People familiar with the situation, who spoke on condition of anonymity, said the upgrade posed a challenge. According to earlier reports, the production of the new generation of Apple Inc watches has been delayed, mainly due to complex design. Apple Watch 7 manufacturers began small-scale production last week, but failed to meet satisfactory production targets, the report said. Apple Inc didn't immediately respond to a request for comment.
Bank of America says the Fed's new policy framework means it can implement a “buy on dips” strategy on US Treasury bonds
Bank of America's Ralph Axel wrote in a report to customers on Tuesday that, given the Federal Reserve's new policy framework, buyers are likely to emerge when the yield on 10-year US Treasury bonds approaches 1.5%. The current 10-year yield is around 1.28%, below the midpoint of this year's 0.905%-1.774% range. Axel said that the Fed's flexible average inflation target framework “has a high probability of causing the Fed to stay on hold for a long time, or even cut interest rates without a threat of recession.” Given global deflationary pressure, 10-year interest rates “could reasonably remain very low, and
The G7 reached a historic agreement on the lowest corporate tax in the world, and European stock markets generally closed higher
FX168 Financial News (North America) News European stock markets generally closed higher on Monday (6/7). The Pan-European Stoxx 600 Index closed up 0.99 points, or 0.22%, to 453.56 points. Among them, automotive stocks led the way, with an increase of 0.9%, and the market performance of basic resource stocks was poor, down 1.6%; the French CAC40 index closed up 27.90 points, or 0.43%, to 6543.56 points; the British FTSE 100 index closed up 8.18 points, or 0.12%, to 7077.22 points; Spain's IBEX35 index closed up 76 points.
Boeing Co fell nearly 3%, and the company advised the aviation department to suspend some Boeing 777 aircraft operations.
Boeing Co fell nearly 3% in early trading on Monday, and the company advised the aviation division to suspend some Boeing 777 operations. Boeing Co said in a statement on the 21st that the US National Transportation Safety Board is investigating the accident and recommended that the Boeing 777 with the same type of engine (PW4000-112engine produced by Pratt & Whitney) be suspended during this period. 13:04 local time, United Airlines UA328 aircraft took off from Denver shortly after engine failure, and exploded in the air burning, resulting in a lot of debris falling from the air. The
LIZHI INC rose 26% again before the trading, up 157% in the previous 3 days.
LIZHI INC rose 26.82% to $10.78 before trading today, driven by the explosion of Clubhouse. LIZHI INC, as the first stock in the domestic audio industry, has risen for three days in a row, up 157 per cent. Recently, an American social platform called Clubhouse (real-time chat room) has become popular because of Musk, valuing it at as much as $1 billion, making the voice social track popular with capital. In the European and American market, another product named 'Tiya'' also occupies a considerable market share, with users in more than 200 countries and regions. Tiya's development team is working on
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