China's real estate market continues to plummet:
New home prices in 70 Chinese cities fell -3.5% YoY in April, with 49 cities reporting monthly declines.
Tier-one cities, including Shanghai and Shenzhen, recorded a +0.1% MoM gain.
By comparison, tier-two and tier-three cities continued to struggle, falling -0.1% and -0.3% MoM, respectively, pointing to an uneven recovery.
Meanwhile, property investment fell -13.7% in the first 4 months of 2026, exceeding the -11.2% contraction posted in Q1.
Overall, persistent oversupply is likely to weigh on prices for another 1 to 2 years before a broader recovery can take place.
China’s 2008 moment continues.
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New home prices in 70 Chinese cities fell -3.5% YoY in April, with 49 cities reporting monthly declines.
Tier-one cities, including Shanghai and Shenzhen, recorded a +0.1% MoM gain.
By comparison, tier-two and tier-three cities continued to struggle, falling -0.1% and -0.3% MoM, respectively, pointing to an uneven recovery.
Meanwhile, property investment fell -13.7% in the first 4 months of 2026, exceeding the -11.2% contraction posted in Q1.
Overall, persistent oversupply is likely to weigh on prices for another 1 to 2 years before a broader recovery can take place.
China’s 2008 moment continues.
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Judge Rebeca Johnson just dismissed ALL charges against Ebony Parker (assistant principal)
Ebony let a 6-year-old have a gun
The boy then shot his teacher
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Ebony let a 6-year-old have a gun
The boy then shot his teacher
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NASCAR legend Kyle Busch died earlier today after being admitted to the hospital for a yet unspecified, but “severe illness,” according to Fox News.
NASCAR announced his death just earlier saying, “We are saddened and heartbroken to share the news of the passing of Kyle Busch, a two-time Cup champion and one of our sport's greatest and fiercest drivers. He was 41 years old.
We extend our deepest condolences to the Busch family, Richard Childress Racing and the entire motorsports community.”
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NASCAR announced his death just earlier saying, “We are saddened and heartbroken to share the news of the passing of Kyle Busch, a two-time Cup champion and one of our sport's greatest and fiercest drivers. He was 41 years old.
We extend our deepest condolences to the Busch family, Richard Childress Racing and the entire motorsports community.”
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BREAKING:
Harvard just sold its entire $87 MILLION worth of $ETH after buying it just 3 months ago.
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Harvard just sold its entire $87 MILLION worth of $ETH after buying it just 3 months ago.
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Media is too big
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Greensboro, North Carolina — A 48-year-old man was shot and killed by police in an officer-involved shooting on Marion Street in August 2025.
According to Greensboro police, an officer was flagged down by a resident reporting a trespasser. The officer approached Said Ezzine, who refused repeated commands to stop, pulled out a weapon, and advanced toward the officer. The officer fired, striking Ezzine.
Officers rendered aid at the scene, but Ezzine was pronounced dead. The District Attorney later determined the use of deadly force was legally justified.
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According to Greensboro police, an officer was flagged down by a resident reporting a trespasser. The officer approached Said Ezzine, who refused repeated commands to stop, pulled out a weapon, and advanced toward the officer. The officer fired, striking Ezzine.
Officers rendered aid at the scene, but Ezzine was pronounced dead. The District Attorney later determined the use of deadly force was legally justified.
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Media is too big
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Brooklyn. Nightmare situation. A young girls arm gets full stuck inside of a subway door.
A 2-year-old’s hand got trapped in the closing doors of a J train at the Flushing Ave/Broadway station in Bed-Stuy around 1 a.m. Wednesday.
Passengers and an MTA worker quickly stepped in before FDNY firefighters arrived and safely freed the child. The toddler is recovering with no serious injuries reported.
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A 2-year-old’s hand got trapped in the closing doors of a J train at the Flushing Ave/Broadway station in Bed-Stuy around 1 a.m. Wednesday.
Passengers and an MTA worker quickly stepped in before FDNY firefighters arrived and safely freed the child. The toddler is recovering with no serious injuries reported.
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Kids don’t even fight with their parents anymore.
I’m not sure why but this must be bad somehow.
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I’m not sure why but this must be bad somehow.
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BREAKING:
Japan's core inflation just dropped to 1.4%, below the expected 1.7%.
The lowest level in over 4 years.
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Japan's core inflation just dropped to 1.4%, below the expected 1.7%.
The lowest level in over 4 years.
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