BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
HONG KONG — More than five years ago, when New World Development asked banks in Hong Kong for a billion-dollar syndicated loan to fund the construction of a lavish shopping mall by the city’s airport, banks had to fight for a share of the deal — and they did not ask for collateral. For years, blue-chip…
Texas couple makes $161,000 per year — but is drowning in $90,000 credit card debt, spent $20,000 on California vacation. Caleb Hammer shames them for ‘acting like you’re multimillionaires’ Earning $161,000 a year and living in Texas, which is a relatively low-cost, low-tax state, should present an easy path to financial freedom. But for this…
Gov. Gavin Newsom unveiled a proposal Sunday to more than double the annual amount of money allocated to California’s film and TV tax credit program as Hollywood struggles to compete with other production hubs dangling lofty incentives. The governor declared his intent to expand the annual tax credit to $750 million, up from its current…