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The hidden drag on China’s economy

The hidden drag on China’s economy

Pictured here is construction on the One Sunac Opus high-end apartment complex in Beijing on Oct. 17, 2024. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business…

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Former ‘Love Island USA’ contestant Cierra Ortega apologizes for using racial slur

Former ‘Love Island USA’ contestant Cierra Ortega apologizes for using racial slur

LOS ANGELES — Former “Love Island USA” contestant Cierra Ortega apologized Wednesday for resurfaced posts where she used a racial slur against Asian people. Ortega, who was half of one of the season’s strongest couples, left the villa just a week before the popular reality show’s finale after old posts resurfaced that contained the slur….

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XRP rises after Ripple selects BNY Mellon as custodian of firm’s new stablecoin: CNBC Crypto World

XRP rises after Ripple selects BNY Mellon as custodian of firm’s new stablecoin: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, Ripple selects Bank of New York Mellon as the primary custodian for the firm’s U.S. dollar-pegged stablecoin reserves. Plus, Swan Bitcoin CIO Ben Werkman explains why bitcoin is quickly becoming a more attractive treasury asset…

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