VIEWEDNOW PLAYINGGLOBALBuilding cities from scratch to avoid urban heatOne solution being touted for extreme urban heat is building new cities from scratch. One project, Masdar City in the UAE began construction almost two decades ago.BloombergVIEWEDNOW PLAYINGGLOBALChina Evergrande reportedly has last-ditch debt planChina Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation with a last-minute debt restructuring proposal, three people with direct knowledge of the matter said.ReutersVIEWEDNOW PLAYINGGLOBALHow cryptocurrency is funding Hamas and HezbollahA new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron. Israel's counter-terrorist financing authorities have seized more than a hun...ReutersVIEWEDNOW PLAYINGGLOBALSumitomo Mitsui CEO Ohta, who pushed Asia growth, diesJun Ohta, chief executive officer of Sumitomo Mitsui Financial Group Inc., Japan's second-largest bank, has died of pancreatic cancer at age 65.BloombergVIEWEDNOW PLAYINGGLOBALBarclays reportedly plans £1 billion in cost cutsBarclays Plc is working on plans to reduce costs by as much as £1 billion ($1.3 billion) over several years, which could involve slashing as many as 2,000 jobs, according to Reuters.BloombergVIEWEDNOW PLAYINGInflation and cost of living outpaces wage growthAustralian wages have grown at the fastest pace on record, but only after low paid workers and aged care staff were given one-off boosts. Even though pay packets have picked up, most Australians are still struggling due to the high cost ...ABCVIEWEDNOW PLAYINGWall Street sells car loans customers can't repayWall Street is making millions selling car loans to customers who can't pay them off. Lenders profit while borrowers buckle under debt as part of a fine-tuned money-making machine. BloombergVIEWEDNOW PLAYINGGLOBALChina’s property sector crisis threatens economic recoveryA slump in domestic demand in China is weighing on the prospects for an economic recovery. Analysts point to low consumer confidence and a property sector crisis.Al JazeeraVIEWEDNOW PLAYINGGLOBALWhat’s behind today’s new gold rush?China, the United States, Germany, Italy, and Russia are all on a gold-buying spree. For their central banks, gold is a stable reserve asset. The price of gold is at a record high as a result.DW NewsVIEWEDNOW PLAYINGGLOBALBurgernomics: What is the Big Mac index?The Big Mac is the same around the world, but its price is not — so it’s a good tool to compare purchasing power among currencies.DW NewsVIEWEDNOW PLAYINGGLOBALUBS posts first quarterly loss in six yearsUBS posted its first quarterly loss in almost six years, as the ongoing absorption of Credit Suisse drags on the Swiss lender's performance. The Zurich-based bank said it had a net loss of $785 million for the three months to September, ...BloombergVIEWEDNOW PLAYINGBREAKINGGLOBALFTX founder Sam Bankman-Fried guilty of fraudFormer crypto mogul Sam Bankman-Fried was convicted Thursday of defrauding his FTX customers out of billions of dollars, in one of the biggest financial frauds on record, with Manhattan's top prosecutor saying the case should serve as a ...ReutersVIEWEDNOW PLAYINGHome buyers awarded billions in real estate caseThe National Association of Realtors and several large brokerage firms have been found liable of conspiring to artificially inflate real estate commissions. After about two weeks of hearing testimonies, a federal jury in Kansas City rule...Scripps NewsVIEWEDNOW PLAYINGBREAKINGDonald Trump Jr. to testify in New York fraud caseDonald Trumps children are taking to the stand in a trial against their family's business, which has been accused of fraud in the State of New York. Donald Trump Jr. is expected to testify Wednesday and Eric Trump on Thursday. Fox NewsVIEWEDNOW PLAYINGWeWork prepares to file for Chapter 11 bankruptcyWeWork Inc. is preparing to file for bankruptcy as soon as next week, according to people with knowledge of the matter.BloombergVIEWEDNOW PLAYINGTesla valuation falls $145 billion on low demandTesla Inc. shares have dropped roughly 20% since the company reported third-quarter results less than two weeks ago, amid growing concerns that demand for electric cars is starting to weaken. BloombergVIEWEDNOW PLAYINGBREAKINGGLOBALSam Bankman-Fried testifies in his fraud trialFTX founder Sam Bankman-Fried testified at his fraud trial, without the jury present, that lawyers at his now-bankrupt cryptocurrency exchange were involved in key decisions at the heart of the case, as he sought to distance himself from...ReutersVIEWEDNOW PLAYINGBREAKINGGLOBALSam Bankman-Fried to testify in his FTX fraud trialIn a surprise move, Sam Bankman-Fried will take the stand at his own fraud trial. The FTX founder faces decades in prison on charges related to collapse his digital-asset empire.BloombergVIEWEDNOW PLAYINGGLOBALBitcoin hits $35,000 for first time since 2022Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May of last year.BloombergVIEWEDNOW PLAYINGGLOBALTech giants expected to deliver huge growth numbersWith the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech. Names including Amazon, Google and Microsoft all repo...BloombergVIEWEDNOW PLAYINGIs marijuana banking reform on the way?Thanks to federal banking rules, legal cannabis dispensaries are cash dependent. But there is renewed hope that Congress might be changing that. Marijuana laws could change as DEA considers reclassification. Scripps NewsVIEWEDNOW PLAYINGCBA loses market share as competition heats up For the first time in more than five years the Commonwealth Bank has lost market share to other banks. Analysts believe CBA could soon launch competitive deals to win back customers which would be good news for borrowers looking to refi...ABCVIEWEDNOW PLAYINGCommonwealth Bank loses market share as competition heats upCompetition between banks for home loan customers could soon heat up again amid news the nation's biggest lender has lost market share to other banks. Analysts believe the Commonwealth Bank could soon launch competitive deals to win back...ReutersVIEWEDNOW PLAYINGSam Bankman-Fried knew about shortfall, trial hearsSam Bankman-Fried directed that money from his Alameda Research hedge fund be used to make political donations after he learned the fund owed $13 billion to customers of his FTX cryptocurrency exchange, a former executive has testified.ReutersVIEWEDNOW PLAYINGGLOBALWill Sam Bankman-Fried take the stand?After two weeks watching his closest friends detail the collapse of his FTX crypto exchange, Sam Bankman-Fried's lawyers have now raised the possibility of their client testifying in his own trial.Bloomberg
VIEWEDNOW PLAYINGGLOBALBuilding cities from scratch to avoid urban heatOne solution being touted for extreme urban heat is building new cities from scratch. One project, Masdar City in the UAE began construction almost two decades ago.Bloomberg
VIEWEDNOW PLAYINGGLOBALChina Evergrande reportedly has last-ditch debt planChina Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation with a last-minute debt restructuring proposal, three people with direct knowledge of the matter said.Reuters
VIEWEDNOW PLAYINGGLOBALHow cryptocurrency is funding Hamas and HezbollahA new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron. Israel's counter-terrorist financing authorities have seized more than a hun...Reuters
VIEWEDNOW PLAYINGGLOBALSumitomo Mitsui CEO Ohta, who pushed Asia growth, diesJun Ohta, chief executive officer of Sumitomo Mitsui Financial Group Inc., Japan's second-largest bank, has died of pancreatic cancer at age 65.Bloomberg
VIEWEDNOW PLAYINGGLOBALBarclays reportedly plans £1 billion in cost cutsBarclays Plc is working on plans to reduce costs by as much as £1 billion ($1.3 billion) over several years, which could involve slashing as many as 2,000 jobs, according to Reuters.Bloomberg
VIEWEDNOW PLAYINGInflation and cost of living outpaces wage growthAustralian wages have grown at the fastest pace on record, but only after low paid workers and aged care staff were given one-off boosts. Even though pay packets have picked up, most Australians are still struggling due to the high cost ...ABC
VIEWEDNOW PLAYINGWall Street sells car loans customers can't repayWall Street is making millions selling car loans to customers who can't pay them off. Lenders profit while borrowers buckle under debt as part of a fine-tuned money-making machine. Bloomberg
VIEWEDNOW PLAYINGGLOBALChina’s property sector crisis threatens economic recoveryA slump in domestic demand in China is weighing on the prospects for an economic recovery. Analysts point to low consumer confidence and a property sector crisis.Al Jazeera
VIEWEDNOW PLAYINGGLOBALWhat’s behind today’s new gold rush?China, the United States, Germany, Italy, and Russia are all on a gold-buying spree. For their central banks, gold is a stable reserve asset. The price of gold is at a record high as a result.DW News
VIEWEDNOW PLAYINGGLOBALBurgernomics: What is the Big Mac index?The Big Mac is the same around the world, but its price is not — so it’s a good tool to compare purchasing power among currencies.DW News
VIEWEDNOW PLAYINGGLOBALUBS posts first quarterly loss in six yearsUBS posted its first quarterly loss in almost six years, as the ongoing absorption of Credit Suisse drags on the Swiss lender's performance. The Zurich-based bank said it had a net loss of $785 million for the three months to September, ...Bloomberg
VIEWEDNOW PLAYINGBREAKINGGLOBALFTX founder Sam Bankman-Fried guilty of fraudFormer crypto mogul Sam Bankman-Fried was convicted Thursday of defrauding his FTX customers out of billions of dollars, in one of the biggest financial frauds on record, with Manhattan's top prosecutor saying the case should serve as a ...Reuters
VIEWEDNOW PLAYINGHome buyers awarded billions in real estate caseThe National Association of Realtors and several large brokerage firms have been found liable of conspiring to artificially inflate real estate commissions. After about two weeks of hearing testimonies, a federal jury in Kansas City rule...Scripps News
VIEWEDNOW PLAYINGBREAKINGDonald Trump Jr. to testify in New York fraud caseDonald Trumps children are taking to the stand in a trial against their family's business, which has been accused of fraud in the State of New York. Donald Trump Jr. is expected to testify Wednesday and Eric Trump on Thursday. Fox News
VIEWEDNOW PLAYINGWeWork prepares to file for Chapter 11 bankruptcyWeWork Inc. is preparing to file for bankruptcy as soon as next week, according to people with knowledge of the matter.Bloomberg
VIEWEDNOW PLAYINGTesla valuation falls $145 billion on low demandTesla Inc. shares have dropped roughly 20% since the company reported third-quarter results less than two weeks ago, amid growing concerns that demand for electric cars is starting to weaken. Bloomberg
VIEWEDNOW PLAYINGBREAKINGGLOBALSam Bankman-Fried testifies in his fraud trialFTX founder Sam Bankman-Fried testified at his fraud trial, without the jury present, that lawyers at his now-bankrupt cryptocurrency exchange were involved in key decisions at the heart of the case, as he sought to distance himself from...Reuters
VIEWEDNOW PLAYINGBREAKINGGLOBALSam Bankman-Fried to testify in his FTX fraud trialIn a surprise move, Sam Bankman-Fried will take the stand at his own fraud trial. The FTX founder faces decades in prison on charges related to collapse his digital-asset empire.Bloomberg
VIEWEDNOW PLAYINGGLOBALBitcoin hits $35,000 for first time since 2022Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May of last year.Bloomberg
VIEWEDNOW PLAYINGGLOBALTech giants expected to deliver huge growth numbersWith the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech. Names including Amazon, Google and Microsoft all repo...Bloomberg
VIEWEDNOW PLAYINGIs marijuana banking reform on the way?Thanks to federal banking rules, legal cannabis dispensaries are cash dependent. But there is renewed hope that Congress might be changing that. Marijuana laws could change as DEA considers reclassification. Scripps News
VIEWEDNOW PLAYINGCBA loses market share as competition heats up For the first time in more than five years the Commonwealth Bank has lost market share to other banks. Analysts believe CBA could soon launch competitive deals to win back customers which would be good news for borrowers looking to refi...ABC
VIEWEDNOW PLAYINGCommonwealth Bank loses market share as competition heats upCompetition between banks for home loan customers could soon heat up again amid news the nation's biggest lender has lost market share to other banks. Analysts believe the Commonwealth Bank could soon launch competitive deals to win back...Reuters
VIEWEDNOW PLAYINGSam Bankman-Fried knew about shortfall, trial hearsSam Bankman-Fried directed that money from his Alameda Research hedge fund be used to make political donations after he learned the fund owed $13 billion to customers of his FTX cryptocurrency exchange, a former executive has testified.Reuters
VIEWEDNOW PLAYINGGLOBALWill Sam Bankman-Fried take the stand?After two weeks watching his closest friends detail the collapse of his FTX crypto exchange, Sam Bankman-Fried's lawyers have now raised the possibility of their client testifying in his own trial.Bloomberg
