PRESS AI WORLD

ECONOMY

China's economy shows resilience amid challenges, census reveals

Thursday, Jan 02

China's economy demonstrates resilience with growth challenges as highlighted by the recent economic census, signaling both progress and areas needing attention.

ECONOMY

Upcoming Increases in Car Insurance Rates for Millions Due to New Coverage Requirements

Thursday, Jan 02

Car insurance costs are set to rise for drivers in several states due to newly mandated higher minimum coverage requirements.

ECONOMY

Tesla Sees First Annual Sales Decline in 2024 Amid Increasing Competition

Thursday, Jan 02

Tesla's sales dipped in 2024 for the first time, impacted by rising competition from global rivals in the electric vehicle market.

ECONOMY

Tesla faces first annual sales drop amid growing competition

Thursday, Jan 02

Tesla reports its first year-over-year sales decline in 2024, selling 1.79 million cars amid industry challenges and rising hybrid popularity.

ECONOMY

US Mortgage Rates Hit Six-Month High, Reducing Home Purchase Demand

Thursday, Jan 02

US mortgage rates have surged to the highest level in nearly six months, significantly impacting home purchase applications and refinancing activity.

ECONOMY

Hong Kong's box office earnings drop to HK$1.34 billion in 2024, the lowest since 2011

Thursday, Jan 02

Hong Kong's box office revenue fell to HK$1.34 billion in 2024, marking the lowest earnings since 2011 amid challenges for the film industry.

ECONOMY

Tesla Faces First Annual Sales Decline in Nine Years as Stock Prices Plummet

Thursday, Jan 02

Tesla records its first annual sales decline in nine years, a 1.1% drop in 2024, leading to a 7% decrease in stock prices amid increasing competition.