A Chinese bank clerk counts yuan banknotes at a bank in Huaibei, east Chinas Anhui Province, July 6, 2012. Jie Zhao | Corbis News | Getty Images BEIJING — Chinese investors are turning to the local stock market as once-lucrative options like real estate and cryptocurrencies have fallen under tighter government scrutiny. Since late July,
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As wildfires tear across America’s West, the immediate risk is to life and property, but they will eventually affect water supplies. That’s one reason large corporations are beginning to help fund forest restoration in order to mitigate their water risk.  The water supply for many communities, including large cities, starts in mountains and national forests.
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The extreme weather across the U.S., from the devastating Caldor Fire scorching the West Coast to the deadly flooding and tornadoes slamming the East Coast, could pale in comparison to future weather events, warned climate scientist Andrew Dessler on CNBC’s “The News with Shepard Smith.”    “This is climate change, and it’s just a small preview
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Tomas Rodriguez | Picture Press | Getty Images As millions of families care for aging relatives, many overlook tax breaks that may help ease the financial burden.  Roughly 19% of Americans provided unpaid care for an adult with health or functional needs in 2020, according to the National Alliance for Caregiving, and those numbers continue to
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A major investment bank is avoiding Chinese stocks, but buying its bonds. J.P. Morgan’s Joyce Chang believes the country’s regulation crackdown is heating up and will create downward pressure on major market groups and industries. “We really recommended [investors] to stay sidelined for the time being,” the firm’s chair of global research told CNBC’s “Trading
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Singapore has hinted that unvaccinated travelers may be subject to longer quarantine periods and additional testing. franckreporter | E+ | Getty Images SINGAPORE — Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the pandemic. Optimism has also gained steam as vaccination rates gain pace, and
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Alaska Airlines Airbus A320-214 arrives at Los Angeles international Airport on September 15, 2020 in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images Alaska Airlines will require unvaccinated employees to be tested regularly for Covid-19 but the Seattle-based carrier stopped short of mandating vaccines, a policy it said it was considering last month.
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