China’s deflating property bubble is imperiling the world’s second-largest economy with effects…
The Bursting Chinese Housing Bubble Compounds Beijing’s Economic Woes
Browsing Tag
Building Construction
16 posts
China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery
China’s major economic pillars wobbled in July with weakness in manufacturing and…
McDonald’s Revenue Down 3% on Russia Exit, Weaker Euro
McDonald Corp. said revenue ticked down in the second quarter, dragged lower…
U.S. Home Prices Hit New Record of $416,000 in June as Sales Continued to Slide
The median existing home price hit another record in June, rising to…
If the U.S. Is in a Recession, It's a Very Strange One
Economic output is down—but the job market is strong, unlike in previous…
Taiwan Company Plans Texas Chip Wafer Factory—if Congress Approves Incentives
WASHINGTON—A Taiwan-based company said it plans to build a $5 billion factory…
Big-Ticket Goods Orders, Pending Home Sales Point to Steady Demand
Orders for long-lasting goods and the number of houses going under contract…
Facebook Parent Meta Agrees to End Alleged Discriminatory Practices in Housing Ads
WASHINGTON—Facebook parent Meta Platforms agreed Tuesday to adopt new online advertising practices…
Empty Wall Street Offices to Be Revived as Apartments
A venture of two New York developers has purchased a one-third empty…
Labor Shortage Stymies Construction Work as $1 Trillion Infrastructure Spending Kicks In
WASHINGTON—Construction projects across the U.S. are running short on labor just as…
Prices for New Homes in China Slide Further
A decline in Chinese new-home prices accelerated in May, despite efforts by…
Biden Administration to Waive Solar Import Tariffs for Two Years
Seeking to resolve a conflict in the solar industry, the White House…
Expatriate Executives Flee Saudi Arabia’s Bad Bosses
In the summer of 2020, two videogame companies canceled sponsorship deals with…
In Battle for Workers, Companies Build Houses
Disney, meatpacker JBS and others are launching plans to add affordable housing…
U.S. Retail Sales Grew 0.9% in April
Americans continued to pump money into the U.S. economy in April, with…
They Signed Contracts for Their Dream Homes Last Year. Now Their Borrowing Costs Are Ballooning.
People who agreed to buy homes under construction but haven’t yet closed…
