(Bloomberg) — The frenzy for Chinese bonds is showing no signs of fading, with the nation’s longest-dated special government notes receiving stronger-than-expected demand at an auction. Most Read from Bloomberg China sold 35 billion yuan ($4.8 billion) of 50-year special government bonds at a yield of 2.53%, according to traders. That compares with an estimate […]
Grant Cardone Forecasts Tenfold Returns As Homebuying-Renting Gap Hits 50-Year High With the gap between the cost to buy a home versus renting at its highest in 50 years, real estate mogul Grant Cardone predicts his investors will see a return on their investments in his company’s real estate portfolio over the next 10 years. […]
A McKinley Park man was sentenced to 50 years in prison Friday for the 2016 drive-by shooting on the city’s Southwest Side that left a teenager dead, the office of Attorney General Kwame Raoul announced. A Cook County jury in December convicted Sergio Gonzalez, 29, of first-degree murder in the slaying of David Gonzalez, 17, […]
REHOBOTH BEACH, Del. — Standing outside Joe Biden’s church in this seaside town, the Rev. William Cocco mulls a question the president has grappled with over his long political career: How does a practicing Catholic defy church teaching and come out in favor of abortion rights, as Biden has done? “I think it’s very difficult […]
FAMAGUSTA, Cyprus — Eleni Ellinas can still hear the sound of the air raid sirens that woke her after 5 a.m. on Aug. 14, 1974. The Turkish military had invaded Famagusta, on the eastern coast of Cyprus. Within the city lay Varosha, a 2.3-square-mile, wealthy seaside community that was home to 39,000 people, mostly Greek […]