Business

What if we subsidized more affordable housing with cheap land?

At a forum Wednesday about affordable housing, local experts agreed: Charlotte isn’t spending enough to meet the area’s need.The city’s affordable housing fund, paid...

‘Exodus’ of tenants put pressure on Dubai rents

Dubai: While housing rents aren’t skyrocketing, tenants in Dubai are now moving farther afield in search of good-value-for-money accommodations.Property analysts said they are seeing...

Sony records 84 pct quarterly profit drop on movie loss

CaptionCloseTOKYO (AP) — Japanese electronics and entertainment company Sony Corp. reported Thursday an 84 percent profit drop in October-December, as losses in its movie...

Disney agrees to pay $100 million to end no-poaching lawsuit

Walt Disney Co. agreed to pay $100 million to resolve claims it colluded with other animation studios to not hire one another’s workers in...

Facebook quarterly profit doubles to $3.7b

San Francisco: Facebook reported on Wednesday that its profit more than doubled in the final three months of last year as revenues climbed and...

Asian shares slip, dollar wobbles as Fed keeps rates steady

CaptionCloseHONG KONG (AP) — Asian markets retreated and the dollar wobbled Thursday after the Fed kept its key lending rate on hold as expected...

Forex News

Breaking Financial News

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Fed Chair Powell Urges Patience in Interest Rate Reductions

Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest...