archivenews

Analysts at JPMorgan Chase are reportedly doubling down on emerging market currencies as the US dollar struggles its way through 2025. In an analysis published last week, the financial giant’s strategists gave emerging market currencies an overweight recommendation and predicted the market wouldn’t panic over the Israel/Iran conflict, Bloomberg reports. “The next few days will be critical to this, but we would think there is a higher bar for markets to panic.” The recommendation is the opposite of what the investment bank’s strategists predicted earlier this year. Following President Donald...

The county millage rate will stay at $4.50 and the housing prices are leveling off so what is the root of a likely increase in property taxes for Palm Beach County homeowners?Palm Beach County news: Charlie Woods' golf game; Trump's travel banCharlie Woods finished the Amateur Championship, Guy Fieri sells Lake Worth mansion, Donald Trump puts travel bans on twelve countries.Palm Beach County homeowners will likely see a property tax increase in 2026 due to rising property values, despite a stable millage rate.New construction fueled a significant portion of the...

The 35,616-square-foot building that’s home to a Tesla Collision Center in Irvine sold May 28 for $21 million. SRS Real Estate Partners said Tesla has a 10-year triple net lease with options to extend at 18011 Mitchell South. The seller was North Palisade Partners, a Los Angeles-based developer. The buyer, Np Mitchell LLC, was represented by Costa Mesa-based Tidemark Real Estate. SRS Capital Markets Senior Vice President Pat Weibel said the property offered up a well-known tenant in “an affluent demographic base in the heart of Orange County, on the border...

    The former governor of Nigeria’s Anambra State and his wife shifted ownership of some of their US property holdings beginning in 2022, a few months after he was arrested on suspicion of misappropriating public funds. The case continues and the former governor has denied charges against him, which include embezzlement and money laundering. Willie Obiano served as governor of Anambra from 2014 to 2022, and was arrested immediately after leaving office, as he was about to board a flight from Lagos to Houston. After his arrest, Mr Obiano...

Oshkosh last conducted a property evaluation in 2017 prior to last year.OSHKOSH – Common Council is continuing to address the city’s property tax concerns.Oshkosh will now conduct property revaluations every five years, beginning with a planned assessment in 2025, to avoid a repeat of the revaluation calamity that resulted in this year’s spike in property taxes.City council unanimously passed the resolution 7-0 during the June 10 common council meeting after Oshkosh’s failure to conduct regular property evaluations saw the combined assessed value of residential properties jump by 53% last year.“It’s...

General Motors: History, innovation, and legacyLearn about the rich history and notable innovations of General Motors, from its founding in 1908 to its leadership in electric and autonomous vehicle technology.Two popular Chevrolet models will move to U.S. plants from Mexico.The plan is to produce gas-powered full-size SUVs and light duty pickup trucks at Orion Assembly in Michigan early 2027.GM also is retooling its Fairfax Assembly plant in Kansas and the Spring Hill Manufacturing plant in Tennessee.General Motors will invest $4 billion in three U.S. manufacturing sites over the next two...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets climbed Wednesday as trade discussions between the U.S. and China led to an agreement, representatives from both sides said. The deal is now awaiting a nod from the leaders of the two countries. "We have reached a framework to implement the Geneva consensus and the call between the two presidents," Lutnick told reporters. That echoed comments made to reporters by Li Chenggang, China's international trade representative and a vice minister at China's Commerce Ministry. The talks had continued for a second...

Upgrades will bring new snow-making equipment and a new conveyor system to Nutt Hill.PLYMOUTH – A groundbreaking ceremony for a winter recreation park that has been closed for more than a decade will be held mid-June.  The ceremony at noon June 19 at Nutt Hill, 750 W. Main St., will kick off forthcoming upgrades before it opens for the winter 2025 season.The park will undergo nearly $2.3 million in investments from Cheese Capital Winter Park, introducing a new vision along with new buildings, snow-making and grooming equipment, and a conveyor...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets climbed Tuesday as investors awaited further details on the U.S.-China trade talks, which were slated to continue for a second day. Officials from both countries held trade talks in London on Monday, with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer meeting with their Chinese counterparts led by Beijing's Vice Premier He Lifeng. Christian Floro, market strategist at Principal Asset Management foresees that the "market backdrop will remain uncertain in the period ahead," in light...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets traded mixed Tuesday as investors awaited further details on the U.S.-China trade talks, which were slated to continue for a second day. Officials from both countries held trade talks in London on Monday, with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer meeting with their Chinese counterparts led by Beijing's Vice Premier He Lifeng. Christian Floro, market strategist at Principal Asset Management, foresees that the "market backdrop will remain uncertain in the period ahead," in...