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There's a major oversupply problem in China's property market. NurPhotoCostfoto/NurPhoto via Getty Images China's property crisis may take up to a decade to resolve, economist Hao Hong told CNBC. Hong, a prominent economist, said there are just too many empty homes in China. Hong's WeChat and Weibo social media accounts were suspended last year after a series of bearish posts on China's economy.

The centerpiece of the apartment is the kitchen island and adjoining dining table. Amanda Goh/Insider Tobby Toh and Goh Kai Yi downsized to a three-room public housing apartment in Singapore in 2021. The couple paid 300,000 Singapore dollars, or about $220,000 for the house. They turned the place into a vintage-inspired home, and say they no longer have any housing debt. When Tobby Toh and Goh Kai Yi were looking for a new home, they knew they wanted a smaller place.

Rep. Matt Gaetz (left) and former Trump White House aide Cassidy Hutchinson (right). Drew Angerer via Getty Images; Brandon Bell via Getty ImagesCassidy Hutchinson says in her new book that Matt Gaetz once came on to her. Hutchinson claimed Gaetz once stroked her chin while calling her a "national treasure." Excerpts of her memoir were read out on Monday on MSNBC's "The Rachel Maddow Show."Former Trump White House aide Cassidy Hutchinson has accused Rep.

Don Jr., Donald Trump, and Ivanka Trump appear on "Celebrity Apprentice" on May 16, 2010. Bill Tompkins/Getty Images A Manhattan judge on Tuesday found Trump and his real-estate company liable for fraud. The judge ordered Trump Organization's New York corporate charters revoked immediately. A receiver will be appointed to 'dissolve' the company – but years of appeals may play out first. Experts are calling it the "corporate death penalty." And what happens next is unchartered territory.

You don't need 5.5% interest rates when inflation gets down to the high 2% yearly range, says former Goldman Sachs chairman and CEO Lloyd Blankfein.

An analyst downplayed the potential risk if FTC's lawsuit against Amazon — even if the online retailer gets broken up.