Tag: #nearly

News

People in China are spending nearly as much of their income as Americans on healthcare

Monday, October 26, 2026 | 12:14

The findings are featured prominently in a newly published book from the international financial institution titled "Toward a New Economic Growth Model for China," shedding fresh light on the deep-seated anxieties that continue to suppress domestic consumption in the world’s second-largest economy. According to the IMF’s research, the financial burden of medical care falls disproportionately […]

Corporate Earnings

Meta Shares Slide Nearly 7% as Massive AI Spending Drags Free Cash Flow Into Negative Territory

Saturday, October 24, 2026 | 06:57

Meta shares slumped nearly 7% on Thursday as the social media giant revealed negative free cash flow in its third-quarter earnings report while simultaneously raising the floor of its projected capital expenditures for the full year. The significant market reaction highlights mounting investor anxiety over the staggering financial commitments required to sustain the ongoing artificial […]