Author: Press Room

China’s tech stocks have staged a $700bn rally as the country reopens and a regulatory clampdown on the sector loosens, drawing the attention of international asset managers who fled the market in recent years. Hong Kong’s Hang Seng tech index, which is stacked with Chinese companies, has soared almost 60 per cent since its lows last October, with heavyweights such as Tencent and Alibaba gaining $350bn combined in market value, according to Financial Times calculations based on Bloomberg data. The gains, which picked up late last year when Beijing began lifting its Covid-19 curbs, sharply contrast a painful stretch for…

The crisis at the southern border is bringing renewed attention to the violence and poverty in Latin America, from which some migrants are trying to escape.The Biden administration recently expanded an initiative to allow up to 30,000 individuals per month from four Latin American countries to receive work authorization in the United States. The countries are Venezuela, Nicaragua, Haiti and Cuba. The program expands on the parole process that was first in place for Venezuela, a country that has struggled to address corruption under a dictator who refuses to give up his power.In 2019, a group of opposition lawmakers in…

President Biden, Vice President Harris and the Golden State Warriors were involved in a cringe-worthy moment as the group took a photo during the team’s visit to the White House on Tuesday.Biden and Harris appeared to be discussing how the photo was going to be taken. The president then bent down on one knee, and coach Steve Kerr can be seen saying, “No,” and shaking his right hand to wave him off. The president smiled, and the vice president laughed as he was on one knee.”I’m not doing that,” Harris said with a smile. Harris then moved in between Warriors…

The Metropolitan Transportation Authority is preparing to spend nearly $3 billion to buy hundreds of overweight and overpriced train cars that will saddle riders with longer commutes — and the cash-strapped agency with higher costs for decades to come, The Post has learned.  The MTA still wants to move ahead with another purchase of the steel dinosaurs even though federal authorities approved a massive regulatory overhaul in 2018 that now allows the agency to buy high-tech trains — common in Europe — that are dramatically faster, lighter and cheaper.  “MTA rolling stock procurement is too conservative and is asking for…

Former President Trump’s campaign announced Tuesday that the former president will head to South Carolina Saturday, Jan. 28, to hold the first public campaign for his recently launched 2024 White House run.Trump’s campaign highlighted that the former president will be joined by the crucial early voting state’s Republican Gov. Henry McMaster and senior Sen. Lindsey Graham as he unveils his South Carolina leadership team in an event at the state capitol building in Columbia.Trump’s campaign last week confirmed to Fox News the event in South Carolina, which holds the third contest in the GOP’s presidential nominating calendar, but hadn’t provided…

Gov. Kathy Hochul has yet to commit to housing even 500 of New York City’s 40,000-plus migrants, Mayor Eric Adams said Tuesday — as he expressed support for the “concept” of putting the new arrivals in sports stadiums. Adams said he was still “collaborating” with Hochul’s administration after filing what he said was an “emergency mutual aid request” last week. But Adams also said Hochul “fully understood the urgency of the moment.” “You know, a week and a half ago, in one week, we got 3,000 people. In one day, we got over 800. Just think about those numbers,” he…

Matt Sayles/ABC Tyler James Williams opened up about the health struggles he dealt with before being diagnosed with Crohn’s disease in his early 20s. During an interview with Men’s Health, which was published earlier this month, the Abbott Elementary star, 30, recalled his attempts to build up muscle at the gym. Williams noted that he overdid it by hiring trainers, doing weight-training and force-feeding himself. After ending up with horrible stomach pain, the actor wasn’t able to keep any food in his system. “I was really pushing my body to the limit,” he explained, adding that he weighed 130 pounds…

United Airlines reported fourth-quarter profit nearly a third higher than in the same period in 2019, even though the airline flew less than before the pandemic © ReutersUnited Airlines predicts earnings in 2023 will be well above analysts’ forecasts, with the carrier expecting to keep benefiting from strong travel demand and high operating margins.The Chicago-based airline said it expected to earn $10 to $12 a share this year, well above the Wall Street consensus of $6.64 a share.United said it expected customers to want to fly as much as they did in 2019 but the supply of flights would be…

An anonymous father on Reddit asked users if he’s in the wrong for refusing to pay his college-enrolled daughter for babysitting and completing chores – and people appear to be divided in the comments section.Reddit user Throwaway476905, who couldn’t immediately be reached for comment since his account was suspended at the time of publication, submitted a post to the “Am I the A——” subreddit on Monday, Jan. 16, where he shared his apparent familial dispute.The father wrote that he asks his 20-year-old daughter to babysit his 5-year-old twin sons about three times a week without pay. In addition, he wrote…

A former Upper East Side PTA treasurer accused of stealing more than $185,000 from his kid’s elementary school pleaded guilty Tuesday and agreed to pay the money back, The Post has learned. Marc Haynes, 34, the former co-treasurer of the East Side Elementary School, PS 267 Parent Teacher Association, copped to one count of grand larceny in the second degree during a hearing in Manhattan Supreme Court.  As part of his plea deal, Haynes must pay the full restitution of $185,717.53 in 90 days and not get rearrested during that time. If he keeps to the bargain, he’ll be able…