China growth hopes rest on troubled local government financing vehicles

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If the Chinese government is able to reach its economic growth target of 5.5 per cent this year, it will be due in part to retail investors such as Jane Song. In May, Song invested Rmb200,000 ($29,600) in a fixed-income wealth management product issued by a local government financing vehicle in eastern Shandong province. A … Read more

Alex Faedo, Kyle Funkhouser to miss rest of the season with injuries

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Detroit Tigers right-handed starter Alex Faedo, who underwent Tommy John surgery in January 2021, will miss the remainder of 2022 due to a right hip injury. Faedo, the 2017 No. 18 overall draft pick, is expected to need a surgical procedure for the second time in less than two years. Right-handed reliever Kyle Funkhouser also requires surgery for … Read more

The 2021 Apple TV 4K drops to $130, plus the rest of the week’s best tech deals | Engadget

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This week brought back some of our favorite tech deals we’ve seen all year. A four pack of Apple’s AirTags is back on sale for $89, while the Apple TV 4K has dropped to $130. While neither of those are all-time lows, they’re very close and great deals on a couple of the most popular … Read more

Georgia football coach Kirby Smart sends warning to the rest of college football: ‘We will not be hunted’

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ATLANTA — Georgia head coach Kirby Smart wanted to get out in front of the incoming barrage of questions. He knew he’d be asked about how Georgia goes out and tries to replicate the success of the 2021 season in 2022. He’s well aware of the fact that he’ll be doing so without the 15 … Read more

Gas prices will DROP throughout the rest of July, Biden economic adviser says

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Gas prices will continue to trend downward in July after reaching a record high of more than $5 per gallon last month, President Joe Biden’s economic adviser assured on Sunday.  The nationwide average price at the pump is now down nearly 50 cents after hitting roughly $5.02 on June 16, according to the American Auto … Read more