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Despite those headwinds, some indicators show the housing market is shifting away from a seller's market. That doesn't mean it's a buyer's market — yet: "The term buyer's market is always a bit tricky to work with," said Chen Zhao, the economic research lead at Redfin, an online real estate brokerage firm. There are "rules of thumb" to define a buyer's market, like having more than four months of supply, she said. "We're still nationwide somewhat in a seller's market, not a buyer's market yet," he said. Here are four signs that can help you recognize if the housing market in your area is more in buyers' favor: 1.
Persons: Freddie Mac, Chen Zhao, Zhao, they're, We're, Daryl Fairweather, Redfin, Julie Zubiate, Selma Hepp, Sellers Organizations: National Association of Realtors, NAR, Federal, Zillow, CNBC, Finance, Sdi, San Francisco Bay Area Locations: U.S, Redfin, San Francisco Bay
Vice President Kamala Harris said "Israel has a right to defend itself ... and how it does matters." Harris' remarks followed a meeting she held with Israeli Prime Minister Benjamin Netanyahu in Washington Thursday. "It is time for this war to end and end in a way where Israel is secure, all the hostages are released, the suffering of Palestinians in Gaza ends and the Palestinian people can exercise their right to freedom, dignity and self determination," said Harris. "Let us all condemn terrorism and violence," Harris said after meeting with Netanyahu Thursday. Approximately 1,800 people were killed in Hamas' brutal surprise attack on Israel Oct. 7, 2023, triggering the Israeli military incursion.
Persons: Kamala Harris, Harris, Benjamin Netanyahu, Netanyahu, Let's, Biden, Jonathan Dekel, Chen, Sagui Organizations: Israeli, Democratic, U.S, Capitol, Israel, Hamas, Ministry of Health Locations: Israel, Washington, Gaza
In brief remarks before the meeting, Netanyahu mentioned how the two men have known each other for four decades. Biden also participated in a meeting with Netanyahu that includes families of American hostages in Gaza - a separate setting where he could apply firm pressure on Netanyahu to finalize the ceasefire agreement. After their meeting with the president and Netanyahu, some family members struck an optimistic tone on the prospects of a deal being reached soon. “We got absolute commitment from President Biden and Prime Minister Netanyahu that they understand the urgency of this moment now. However, as CNN reported this week, US and Israeli officials have voiced increased optimism about the prospects of an agreement.
Persons: Joe Biden, Benjamin Netanyahu, Netanyahu, , ” Biden’s, ” Biden, , Biden, Siegel, Alexander, Chen, Naftali, Goldberg, Jonathan Dekel, , ” Netanyahu, Kamala Harris, Harris, Nathan Howard TPX, Nathan Howard, Israel, Donald Trump, Trump, CNN’s Sam Fossum Organizations: Washington CNN, Israeli, CNN, Jewish, State, ” Biden reminisced, Biden, United, Prime, Central Kitchen, US, Democratic, Eisenhower, REUTERS, Trump, Networks Locations: Washington ,, Irish, American, Israel, Gaza, America, Washington , DC, Palm Beach , Florida
CNN —Disneyland has averted the possibility of the first employee strike in 40 years by reaching a tentative agreement with 14,000 workers on Tuesday. Approximately 9,500 of those employees whose contract had already expired voted Friday to authorize a strike, which had yet to be scheduled as planned negotiations continued early this week. The bargaining group of four unions, represents workers including ticket takers, candy makers, custodians, retail workers, and ride operators. Frederic J. Brown/AFP/Getty Images“I’m excited, overwhelmed and beyond the moon,” said Cyn Carranza, a Disneyland resort employee. Union leaders said they will not release details of the tentative agreement until employees have the chance to review and vote on the contract next Monday.
Persons: Jessica Good, , Frederic J . Brown, , Cyn Carranza Organizations: CNN, Disneyland Resort, Master Services, Disney, Resort, Getty, Union Locations: Anaheim , California, AFP
Read previewThree-time Grammy Award-winning musician Harry Connick Jr. says he and his wife don't live by any rules in their marriage. "We trust each other, we love each other, we communicate," Connick Jr. told People. Advertisement"Certain things that work for us may not work for other people, but we're not too big on rules," Connick Jr. said. Related storiesOther celebrities, in addition to Connick Jr., have spoken about how they keep their relationships strong. A representative for Connick Jr. did not immediately respond to a request for comment from BI sent outside regular business hours.
Persons: , Harry Connick Jr, Jill Goodacre Connick, Connick, we're, Kate, we've, I'm, I've, they'll, it's, Blake Lively, Ryan Reynolds, Robert Downey Jr, Susan, Eva Mendes, Ryan Gosling, James Chong, Jean XM Chen, Chong, Chen Organizations: Service, Business, Connick Jr, Mind, BI Locations: Georgia, Charlotte, Mind Singapore
For the families of the hostages held more than nine months in Gaza, there is no time to wait. The Israeli prime minister wants to meet with Biden before the Israeli delegation formally transmits its response to the mediators, the source said. US officials have been sensitive to the Knesset recess as they remain convinced that politics are at play for Netanyahu back in Israel. US officials believe it is possible that Israelis are seeking to put maximum pressure on Hamas ahead of a deal. US and Egyptian officials have begun preparing the flood of humanitarian aid that would enter Gaza if a ceasefire deal goes into effect.
Persons: Benjamin Netanyahu, Joe Biden, Biden, Kamala Harris, Antony Blinken, Netanyahu, “ It’s, , Netanyahu ‘, ’ Aviva Siegel, Keith, Netanyahu “, They’ve, I’ve, Siegel, , Jon Polin, Hersh Goldberg, Biden’s, Donald Trump, Harris, Netanyahu doesn’t, Jonathan Dekel, Chen, Sagui Dekel, Satan, ” Netanyahu, Daniel Neutra, Omer, Matthew Miller, ” Miller, There’s, Israel, , Jake Sullivan, ” Blinken, we’ve Organizations: CNN, Israeli, Hamas, Democratic, Monday, US State Department, Government, Biden, UN, Israel Defense Forces, IDF Locations: Gaza, Israel, Egypt, Qatar, Washington, Rafah, Egyptian, el, Arish
Learn moreThe US version of Big Brother is back, and things are already heating up just one week in. Keep reading to learn where to watch Big Brother, including a free streaming option for Season 26. The US version is just one of many global iterations of Big Brother to crop up following the franchise's first Dutch installment in 1999. Where to watch Big Brother in the USNew episodes of Big Brother air on Sundays, Wednesdays, and Thursdays at 9 p.m. Check price at FuboWhere to watch Big Brother in CanadaWhile Canada has its own Big Brother, it's currently in the offseason.
Persons: Big, Julie Chen Moonves, they're, it's, you'll, They're, ExpressVPN Organizations: Business, CBS, Paramount, Showtime, NFL, Nickelodeon, Comedy Central, BET, MTV, Global, Global TV Locations: Canada, Canadian
Jerusalem CNN —Masked Israeli settlers attacked a group of Palestinian farmers and foreign activists accompanying them for protection in the West Bank town of Qusra on Sunday, according to victims of the attack and videos obtained by CNN. Eight activists were participating as part of a Palestinian grassroots campaign called Defend Palestine, which calls on international volunteers to travel to the Israeli-occupied West Bank to protect Palestinians from Israeli settler attacks. They said they were accompanying Palestinian farmers to their olive fields, which they haven’t been able to access since October because of attacks by Israeli settlers. There are currently more than 700,000 Jewish settlers in the West Bank. Sunday’s assault followed a separate attack on Saturday in the West Bank, south of Hebron.
Persons: Vivi Chen, David Hummel, Jedda, ” Chen, , Hummel, ” Israel, , Mohammed Khatib, Organizations: Jerusalem CNN, West Bank, CNN, Court of Justice, United Nations ’, Israel Defense Forces, Palestinian Locations: Jerusalem, West, Qusra, Palestinian, Nablus, Jordan, East Jerusalem, Israel, Palestine, Hebron
No businessman in China was more successful, famous or rich than Jack Ma, whose magic touch turned companies like Alibaba into international juggernauts. But an investigation by The New York Times and The Wire China found that another Chinese businessman, with deep connections to relatives of China’s political elite, had been secretly investing in Mr. Ma’s companies. Through a network of shell companies and stand-ins, that businessman, Xiao Jianhua, entered into deals in Mr. Ma’s companies over a period of five years, the investigation found. Mr. Xiao, a billionaire, is now in detention serving a 13-year-sentence for bribery and corruption, a high-profile target in President Xi Jinping’s dramatic consolidation of power. Mr. Ma, for his part, has all but retreated from public life, having no formal role in the companies he founded.
Persons: Jack Ma, Xiao Jianhua, Xiao, Xi, Ma, Alibaba, Ma “, Ma’s Organizations: The New York Times, Mr Locations: China
Four years ago, Jack Ma was the embodiment of China’s spectacular economic rise. Already the country’s wealthiest and most famous businessman, he was poised to become one of the richest in the world. The expected initial public offering of Mr. Ma’s fintech company, Ant Group, was projected to surpass the record-shattering launch of his e-commerce giant, Alibaba. At the same time, another wealthy Chinese businessman was awaiting a very different fate. Mr. Xiao had amassed a fortune manipulating markets and cultivating close ties to relatives of top Chinese officials, and he was about to be made an example.
Persons: Jack Ma, Ma’s, Bill Gates, Steve Jobs, Xiao Jianhua, Xiao Organizations: Ant, The New York Times Locations: China
Now, negotiating better wages and working conditions for Carranza and thousands of other Disneyland employees has gotten messy, to the point where 9,500 of them will conclude a vote on Friday that will authorize a potential strike. But that does not mean a strike will necessarily happen, as was the case with Teamsters at UPS last year. A dream of affordabilityCarranza ‘s Disneyland wage is just over $20 per hour, after factoring in a differential for working the overnight shift. Escaping reality, not confronting itA strike would involve about 9,500 employees who work at Disneyland Park, currently under a contract that expired in June. But only the Disneyland Park employees will vote and participate in a strike for now.
Persons: CA CNN — Cyn Carranza, it’s, , Carranza, ” Carranza, , Coleen Palmer, Palmer, Coleen, ” Palmer, they’ve, Jenna Thompson, , Chris Isidore Organizations: CA CNN, Disney, Teamsters, UPS, Voters, Disneyland Resort, Park, Downtown Disney, Disneyland, ’ Equity Association, SEIU, USWW, UCFW, BCTGM, National Labor Relations Board, NLRB, CNN Locations: Anaheim, CA, Carranza, Orange County , CA, Southern California, Disney California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt appears Biden is 'much closer to bowing out today' than he was 24 hours ago, analyst saysLanhee Chen, director of domestic policy studies in the public policy program at Stanford University, says Joe Biden "no longer finds himself in a position to be really competitive with Donald Trump in this race."
Persons: Biden, Lanhee Chen, Joe Biden, Donald Trump Organizations: Stanford University
Walmart shares have outperformed the market. Analysts remain overwhelmingly bullish on the stock with more than 80% of analysts rating shares a buy or overweight, according to FactSet. Target shares reflect the strain of the competition. And if Walmart continues to win over wealthier customers, that's more bad news for Target. On Tuesday, KeyBanc Capital Markets analyst Bradley Thomas reiterated that Walmart remains one of his top stock ideas.
Persons: Lindsay Rosner, Piper Sandler, Peter Keith, Keith, Daniel Kurnos, Kurnos, FactSet, Alexis Deladerriere, JLL, Christopher Horvers, JPMorgan's Horvers, Cowen, Oliver Chen, Chen, hasn't, Bradley Thomas, Thomas Organizations: Walmart, Target, Goldman Sachs Asset Management, Analysts, Keith, P Retail, Amazon, Microsoft, Apple, Adobe Analytics, Adobe, Amazon's, Costco, Amazon Prime, Sam's, Paramount, KeyBanc Capital Locations: Wednesday's
Read previewFormer President Donald Trump upended the election tradition of "balancing the ticket" when he picked Ohio Sen. JD Vance as his running mate. Vance, a former Trump critic turned MAGA stalwart, has voiced foreign policy views in lockstep with Trump. "I think Trump's tenure has shown that fears of abandonment or ignorance of politics in Asia are overblown," he said. US-China relations won't change much, whether it's Trump or Biden at the wheelEven though Trump started the US-China trade war, experts say that China won't be too bothered if he returns to the White House. AdvertisementFor one, the Biden administration has kept most of Trump's China tariffs in place.
Persons: , Donald Trump upended, Ohio Sen, JD Vance, MAGA, Asia that's, Vance, Trump, Dylan Loh, Loh, Chong Ja Ian, It's, it's Trump, Biden, NTU's Loh, Joe Biden hasn't, Kevin Chen, Mr Trump, Chen Organizations: Service, Trump, Business, Pacific, Asia, Nanyang Technological University, NTU, National University of Singapore, NATO, Democrat, Republican, NTU's, Rajaratnam, of International Studies Locations: Asia, lockstep, China, Ukraine, Europe, Japan, South Korea, Taiwan, Philippines, South China, France, Beijing, Pacific
Nvidia's rise came after TSMC said on Thursday that demand remains high and supply remains constrained for high-end AI chips, which TSMC manufactures for Nvidia. Today, the demand is so high I had to work very hard to meet customer demand," Wei told analysts. On Wednesday, the semiconductor sector had its worst day since 2020, with big drops from AMD , Arm , Broadcom and Qualcomm alongside Nvidia. A Chinese invasion would throw Nvidia's chip supply into question. Nvidia stock is up more than 150% so far in 2024.
Persons: Jensen Huang, Donald Trump, TSMC, Wei, C.C, Laura Chen, chipmakers, Biden Organizations: Nvidia, SAP Center, AMD, Broadcom, Qualcomm, Citi, Micro, Intel, OpenAI, Bloomberg, UBS Locations: San Jose , California, Taiwan, Arizona, China, Dutch
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSeveral Chinese companies have been accused of introducing a controversial and illegal new step to their recruitment process: Pregnancy tests. "We can speculate from this evidence that the pregnancy tests were required by these companies, and it had violated women's rights to equal work opportunities," the prosecutors said, according to SCMP. As CNN and SCMP reported, Chinese companies can be fined up to 50,000 yuan, or around $6,900, for gender discrimination. It said that after China scrapped its one-child policy several years ago, the majority of women surveyed by various Chinese companies and women's groups said they had been subjected to discrimination.
Persons: , Prosecutors, SCMP, Chen, Huang Organizations: Service, Prosecutors, CNN, South China Morning, Business, Human Rights Watch Locations: Nantong, Jiangsu, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoover Institution's Lanhee Chen on Republican Party: A definite shift in a neopopulist directionLanhee Chen, Hoover Institution fellow and former Romney-Ryan 2012 campaign policy director, joins 'Squawk Box' to discuss the takeaways from day 1 of the Republican National Convention, state of the Republican Party, Trump's running mate JD Vance, and more.
Persons: Hoover, Lanhee Chen, Romney, Ryan, JD Vance Organizations: Republican Party, Hoover Institution, Republican National Convention
“It’s about time,” he said, adding the Vances “are going to represent a new generation of Americans.”The 2024 presidential campaign has seen three politicians of South Asian descent vying for the White House: Former South Carolina Gov. Since 2020, according to Pew, the number of eligible Asian American voters has increased by 2 million – roughly the population of Nebraska. According to the Asian American voter survey, the economy, education, inflation and immigration were “highly important” for Asian Americans this election cycle. Kumar said immigration is top of mind for many South Asian Republican voters because of the backlog facing millions of Hindu and Indian Americans who are waiting for green cards. Chen said the work must continue to engage with Asian American voters – many of whom are immigrant, first-time voters – to understand the key role they could play in the upcoming election.
Persons: ” Kumar, Donald Trump, Ohio Sen, JD Vance’s, Usha, , Nikki Haley, Vivek Ramaswamy, Kamala Harris, Joe Biden, Haley, Ramaswamy, Vance, Usha Vance, Chintan Patel, United States Kamala Harris, ” Patel, Patel, reimagine, ” Trump, Christine Chen, ” Chen, “ We’re, Kumar, , Chen, “ It’s Organizations: CNN, Republican Hindu Coalition, Indian Coalition of, Republican National Committee, Yale, White, Former South Carolina Gov, Republican, Trump, Republican National Convention, Indian, Pew Research, Pew, Pacific Islander, AAPI, Advancing Justice, AARP, Voter Survey, American, Democratic Party, Asian, South Asian Republican Locations: Ohio, United States, South, Nebraska, Georgia
When you think of advocating for yourself in the workplace, you probably imagine asking for a promotion. Part of self-advocacy, though, is learning how to say "no" to tasks you don't have the bandwidth for. In her new book "Smart, Not Loud," Jessica Chen outlines how you can push back against accepting more work, even if you're uncomfortable saying "no." "In the process of always saying yes, we sacrifice our time and take on work that does not really help us," she writes. In her book, she offers up a formula that can help you turn down work in a way that doesn't ruin your workplace relationships.
Persons: Jessica Chen, Chen, SoulCast Organizations: Society for Human Resource Management
Against that already grim backdrop, photos and videos of a dead Malayan tiger went viral on social media in late June. It was the fourth Malayan tiger killed by a vehicle collision between November 2023 and May 2024, according to authorities. Video Ad Feedback In Thailand, these tigers are coming back with a roar 04:04 - Source: CNNEight-year planThe Malayan tiger was recognized as a subspecies in 2004. In an eight-year National Tiger Conservation Action Plan released in collaboration with non-profit groups in 2020, Malaysian officials outlined priorities such as conservation tools and a “National Physical Plan” to aid conservation efforts. CNN has reached out to official wildlife agencies for further comment about recent tiger conservation efforts.
Persons: ” Henry Chan, ” Chan, , , Mark Rayan Darmaraj Organizations: CNN, Malayan, World Wildlife Fund Malaysia, Wildlife Conservation Society Malaysia, Conservation Locations: Malaysia, Kelantan, Pahang, Perak, Thailand, Bengal, South Asia, Malayan
I've always admired people to whom speaking up during meetings comes naturally. "Finding the right words to say in front of others can be one of the most frustrating games we play in our own head," she writes. Chen, now the CEO of communications training agency SoulCast, offers up a strategy for contributing during meetings in an impactful way. Called the "A4 Sequence," it's a series of actions that can help you chime in at the right time with the right information. "Speaking at meetings is about being pointed and succinct," she writes.
Persons: I've, Jessica Chen, Chen
Known for its picturesque and well-preserved traditional Korean houses called “hanok,” Bukchon Hanok Village is one of Seoul’s most popular tourist hot spots – attracting thousands of visitors every day. But tourists greatly outnumber residents and complaints about noise, littering and privacy issues in the vicinity have escalated over the years. Located in the Jongno district in downtown Seoul, Bukchon sits near other cultural landmarks like the Jongmyo royal ancestral shrine and the grand Gyeongbokgung and Changdeokgung palaces. In a bid to ease tensions and control crowds, district officials will start to restrict tourist access to the popular village from as early as October this year. Out-of-control tourists have been especially problematic in Kyoto, one of Japan’s most popular tourist cities, famed for its iconic Gion geisha district.
Persons: Rhee Soo, Lee Youn, ” Lee, Overtourism, Sindere, , , Emma Hägg Organizations: South Korea CNN, CNN, Tourists Locations: Seoul, South Korea, throngs, Jongno, Bukchon, South Korea’s, Korea, Barcelona, Italy’s, Venice, Japan, Mount Fuji, Kyoto, Sweden, Swedish
Millionaires are leaving Hong Kong, but its art scene is booming
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: +13 min
Narration: Home to a host of financial institutions, Hong Kong is one of the world's wealthiest cities. The Hong Kong Art Gallery Association recorded a 27% increase in member galleries between 2021 and 2023. Nicolas Chow: Chinese art and ancient Chinese art is really at the genesis of Sotheby's Hong Kong when we came here. Angelle Siyang-Le: We firmly believe that Hong Kong is the best place to do art business in Asia, Hong Kong is a natural melting. Emily Tan: That's all from Hong Kong – join us next time in a new city as we explore 'The Art of Appreciation.'
Persons: , Nicolas Chow, Emily Tan, we've, they've, It's, Emperor Chen, Chen, it's, I'm, who'll, she's, Mak2, Allison Cheung, Angelle, Hong Kong, they're, Emily, Hong Kong – Organizations: Hong, Hong Kong Art Gallery, Asia, Art, Basel, Art Basel Locations: Hong Kong, Asia, Art Basel, Sarthe, Hong Kong's, Swiss, Basel, Miami, Paris, Hong, US, Australia, Switzerland, France, Southeast Asia, Korea, Mak2, Sims
A plan to build a casino over a sprawling rail yard on Manhattan’s Far West Side has a new, formidable opponent: parkgoers. Friends of the High Line, an influential nonprofit that operates the nearby 1.5-mile rail-line-turned-park, said Wednesday that it will muster supporters to attempt to thwart the development plan. The opponents of the casino proposal said the development would block views of the city from the High Line and create gusty winds and cast long shadows that could hurt local businesses. The proposal, submitted in February, would also create a 1,180-foot apartment tower, a 1,376-foot office building, a public school and day care. The development, in Hudson Yards, is being led by Related Companies, which built the eastern half of the site, and Wynn Resorts, a Las Vegas gambling giant.
Organizations: Related Companies, Wynn Resorts Locations: Hudson Yards, Las Vegas
Silkworm satay? Singapore approves insects as food
  + stars: | 2024-07-09 | by ( Heather Chen | ) edition.cnn.com   time to read: +2 min
Singapore’s state food agency (SFA) has approved 16 species of edible insects for sale and consumption in the country, according to a July 8 public circular addressed to food traders. Insects approved by the SFA include locusts, grasshoppers, mealworms and several species of beetle. “Insects are an overlooked source of protein and a way to battle climate change,” according to a 2022 report by the World Economic Forum. Live insects are commonly sold in Singapore as food for pets like songbirds and reptiles, but they could be a new and exciting option for human diners. “As the insect industry is nascent and insects are a new food item here, SFA has developed an insect regulatory framework which puts in place guidelines for insects to be approved as food,” SFA said.
Persons: nasi lemak, , Grasshopper tacos Organizations: CNN, SFA, ” SFA, World Economic, Grasshopper Locations: Singapore, Mexico, Thailand, Cambodia
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