The leader of a Silicon Valley-backed proposal to create a new city on a massive plot of barren California farmland insisted the project’s billionaire backers are “not at all” worried about the public outrage the secretive project has provoked. A group of elite tech investors including Marc Andreesen, Reid Hoffman and Laurene Powell Jobs, have … Read more
SINGAPORE: For the first time since 2015, the Housing and Development Board (HDB) will hold three instead of four Build-to-Order (BTO) sales exercises in a year. A total of 19,600 new public housing flats will be launched in three batches in 2024 – February, June and October. “With three BTO launches instead of four, home buyers can … Read more
Howard Davies, chairman of Natwest Group Plc. Bloomberg | Getty Images The chair of one of Britain’s biggest banks faced a backlash Friday after saying it is not “that difficult” to get on the property ladder. NatWest chair Howard Davies told the BBC’s “Today” program that the current economic landscape — which has seen interest … Read more
A fence enclosed the hundreds of tents lining the blocks around Zuni Street and Speer Boulevard on Wednesday morning as Denver police guarded the area and outreach workers helped the migrants who have been living there get ready to leave. The city of Denver on Wednesday began the process of shutting down the makeshift campsite … Read more
New tax measures, and changes to existing ones, will begin affecting Canadians in 2024. But tax experts say the effects on most individuals are likely to be minor, unless they’re high-income earners. GST/HST exemptions, the elimination of deductions for some short term rentals, new alternative minimum tax rates and changes to Canada Pension Plan (CPP) … Read more
It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing economy. But a handful of economic indicators give us some hope for 2024. Inflation has slowed dramatically, and the economy didn’t actually slip into recession. … Read more
Amid high inflation, rising operating costs and shrinking Canadian demand, clothing designers in Nova Scotia say they’re struggling to find a sustainable business model. Designers say they’ve had to adjust to significant changes in consumer behaviour, supply chain disruptions and inflation as they’ve navigated through the COVID-19 pandemic and its aftermath. “We’ve made a lot of hard decisions. … Read more
Elisabeth Francis keeps a small glass bottle on her desk. Inside is a printout of the heartbeat of a man that she knew for more than 10 years after meeting him in the early days of her career as a homeless outreach worker in Denver. John Hull died in July in a hospital. “I was … Read more
Two dozen new Colorado laws — concerning issues including how tractors are repaired, how evictions are handled and how elections are run — go into effect on New Year’s Day, shortly before state legislators return to the Capitol and begin the lawmaking process all over again. The bills that are set to kick in next … Read more
In a bid to alleviate the energy industry’s staggering £3 billion debt accumulated from unpaid gas and electricity bills, the Office of Gas and Electricity Markets (Ofgem), the industry regulator, has unveiled plans to lift the energy price cap. This unprecedented move aims to assist suppliers in recovering from the financial fallout of the energy-driven … Read more
