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BEIJING — JPMorgan has called the bottom in the Chinese consumer slump, and the firm says now it’s time to buy. Chinese consumers have been reluctant to spend since the Covid-19 pandemic. Retail sales rose by just 3.5% last year , less than half the average of 9.7% in the years 2015 to 2019. But on March 26, JPMorgan’s China equity strategists upgraded consumer discretionary stocks to overweight from neutral. While tariffs and tensions with the U.S. may dent sentiment, the strategists expect Beijing may ramp up consumer stimulus following high-level policy calls to do so. In the meantime, “our…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum continues to disappoint investors as its decline deepens, sparking growing fears of further selling pressure across the market. The second-largest cryptocurrency by market cap has failed to hold key support levels, and analysts are increasingly warning of a…

The Delaware House of Representatives has unanimously passed a bill meant to fix an issue with the state’s marijuana legalization law that led FBI to reject its request to create a fingerprint background check system for would-be cannabis industry workers. On the same day that Gov. Matt Meyer (D) criticized the FBI over its decision,...

Beloved members of our global psychedelic community, dear friends from Latin America, welcome to the 2025 Psychedelic Culture Conference. It is an immense honor to stand before you today as we embark on this critical gathering of minds, bodies, experiences, and visions. Over the next two days, we will engage in deep and transformative discussions...

Norwegian robotics firm 1X unveiled its latest home robot, Neo Gamma, on Friday. The humanoid system will succeed Neo Beta, which debuted in August. Like its predecessors, the Neo Gamma is a prototype designed for testing in the home environment. Images of the robot show it performing a number of household tasks like making coffee, doing the laundry, and vacuuming. 1X says the bipedal robot is set to step outside the lab, with limited in-home testing, though the company is quick to add that the Gamma is a long way from commercial scaling and deployment. Image Credits:1X Neo Gamma represents…

Demons move in waves over cliffs slick with rain, cultists chanting in perfect circles, pentagrams glowing beneath their feet. Small medieval villages are demolished in the wake of hell’s minions pouring forth from their dimension and into the next. But where there are demons, there is the Doom Slayer — a figure clad in instantly...

GameStop CEO Ryan Cohen has purchased $10.7 million in GME stock, eight days after the video game retailer announced its plans to add Bitcoin to its treasury reserve. Cohen bought 500,000 Class A shares of GME at $21.55 per share, according to a financial disclosure filed on April 3 with the Securities Exchange Commission. The executive...

DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump’s 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive.The automotive data and advisory firm expects the levies to add thousands of dollars to the costs of new cars and trucks — imported and domestic — while also driving up used car prices more than previously expected. Those prices increases are expected despite a potential slowdown in sales compared with prior expectations, the firm said.The new expectations come as the automotive industry responds to…

FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019. Yuri Gripas | ReutersA federal judge on Friday ordered the Consumer Financial Protection Bureau’s leadership, appointed by President Donald Trump, to halt its campaign to dismantle the agency.In a filing, Judge Amy Berman Jackson sided with the CFPB employee union that sued acting director Russell Vought last month to prevent him from laying off nearly all the regulator’s staff. Operatives from Elon Musk’s Department of Government Efficiency have also been involved in…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price is reaching a pivotal moment as it coils within a tightening triangle pattern that could soon resolve in a dramatic breakout. The ongoing consolidation around $80,000 to $85,000 is part of a classic technical setup that can…