U.S. crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and it bought more barrels from other countries including Russia and Iran. Exports of U.S. oil to China plunged to 81.9 million barrels over the course of the year, down 46% from 150.6 million barrels…
With less than one month until TikTok could be banned in the United States, a billionaire is tossing his hat into the ring as a potential buyer. Frank McCourt, founder of Project Liberty and executive chairman of McCourt Global, announced last week that he is building a group of associates to purchase TikTok in order…
Donald Trump’s first trade war hurt American soybean farmers to the tune of $11 billion. A sequel is set to be even worse. The humble bean was the poster child of Trump’s first tariff spat with China, with American shipments to the world’s top buyer of the commodity tumbling 79% in the first two years…
The most powerful women in the world — as deemed by Forbes — have been revealed. With the release of their female-specific 2024 Power List, the magazine has crowned 100 women the ultimate global players. Among the ranks are musicians, moguls, and world leaders, their combined powers a priceless example for the next generation of…
One of the Valley’s millionaire restaurant entrepreneurs is accused of defrauding investors out of millions for personal gain, including using funds for a home, out-of-state real estate and an $8 million private airplane. Aaron Wagner, a part-time Scottsdale resident planning to open restaurants in Gilbert and Scottsdale, was arrested by FBI agents on Oct. 24…
ASHWAUBENON – The Green Bay Packers have purchased the Green Bay Distillery property on Mike McCarthy Way. The Packers paid $4.5 million for the property, 842 Mike McCarthy Way in Ashwaubenon, according to Brown County land records. The deal closed on Monday. So far this calendar year, the Packers have spent nearly $13.5 million on…
Welcome to The Dirt! I’m real estate, weather and critter reporter Kimberly Miller with the latest developments in the sizzling market. It has come to The Dirt’s attention that dodging electric bikes on the walking path along the Intracoastal Waterway is one of the last affordable exercises near downtown West Palm Beach. Amped Fitness? $130 a month. Surfing in Palm…
The former home of the University of Wisconsin-Milwaukee chancellor recently sold for $1 million, according to state property records. UWM announced its intent to sell the 3435 N. Lake Drive home earlier this year. Chancellor Mark Mone called it “a smart financial move” and part of a broader university downsizing to save money. Records show…
Elon Musk’s xAI is looking to expand its Memphis footprint — by about 500 acres. Nashville-based CTC Property LLC is seeking a 21-year lease for 522 acres in Frank C. Pidgeon Industrial Park. The land is currently owned by the Economic Development Growth Engine for Memphis and Shelby County (EDGE). On Wednesday, EDGE shared documents…
Defying predictions, the Federal Reserve made the bold move of cutting interest rates by 50 basis points Wednesday, lowering the target range to 4.75%-5%. Most economists had anticipated a more modest 25-basis-point reduction. The Fed also hinted at the potential for additional cuts in coming months, revealing a more aggressive trajectory to take action that…