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Related media - News 24 hours In an adventurous move, a couple purchased a 110-year-old schoolhouse for $175,000 without seeing it first and successfully transformed it into their charming family residence. This unique story of home transformation shows their journey from acquiring a historic property to transforming it into a welcoming and functional living space. After nearly a decade living in New York, the pandemic pushed the couple to seek a more spacious and personalized living environment. The old school, with its rich history and solid structure, presented an ideal canvas for their creativity. They undertook this bold venture at a time when remote property purchases were becoming increasingly common, driven by the need for larger, more adaptable homes. The renovation process ...

More news - Breaking news The stock price of electric vehicle (EV) startup Rivian took a hit Friday after the company announced a reduction in its 2024 production forecast and failure to meet third-quarter delivery targets. The stock price fell about 8% in premarket trading. This drop comes after Rivian lowered its annual production target from the previously announced 57,000 units to a range of 47,000 to 49,000. The company attributed this revision to a “production disruption” caused by component shortages. Rivian also fell short of analysts' expectations for deliveries for the third quarter, delivering only about 10,000 vehicles versus the 13,000 expected. This shortage highlights the current challenges faced by electric vehicle manufacturers, including supply chain issues. The new...

Related media - Recent news Lebanon is currently grappling with deep sadness following recent events that have shaken the nation. This small Mediterranean country, already burdened by economic and political challenges, is facing new waves of pain due to escalating conflicts in neighboring regions. The recent unrest has particularly affected those who were already displaced within their own country, seeking safety away from more unstable areas. Many found temporary refuge, only to find themselves in the midst of further instability. The community's resilience is tested as they mourn the loss of safety, stability and loved ones. The international community is watching closely, as Lebanon's plight reflects broader regional tensions that have the potential to affect global...

Related media - Latest news Despite ongoing geopolitical tensions in the Middle East, a region critical to global oil supply, the expected increase in oil prices has not materialized. This price stability has disconcerted many market analysts, who have historically observed sharp increases in oil costs during similar previous crises. Several factors are contributing to this unexpected stability in oil markets. Increasing production capabilities outside the Middle East, particularly in the United States and Canada, have reduced the world's dependence on Middle Eastern oil. Furthermore, strategic oil reserves have been used more effectively to cushion market shocks. Furthermore, technological advances in the field of alternative energy and increased energy efficiency have also played a...

Related media - News 24 hours As momentum for electric vehicles (EVs) fades, major automakers are facing the possibility of steep fines. This apprehension stems from stringent regulations aimed at accelerating the transition to more environmentally friendly transportation options. Reduced consumer interest has led to difficulties in reaching previously expected sales targets for electric vehicles, which are key to avoiding regulatory fines. These targets have been set by governments around the world as part of efforts to reduce carbon emissions and combat climate change. Industry insiders express concern about the potential financial impact of these fines, which could amount to significant sums, given the scale of these global automotive giants' operations. The situation is further c...

More news - News 24 hours The S&P 500 remains relatively unchanged as it navigates a tumultuous start to October, marked by escalating tensions in the Middle East. This situation represents a significant test for global financial markets, which currently face a delicate balance between economic resilience and geopolitical vulnerabilities. Financial analysts are closely monitoring the situation, noting that the stability of major indexes such as the S&P 500 could be indicative of underlying market confidence despite external pressures. This continued stability comes at a time when investors are particularly sensitive to international developments that could potentially disrupt market dynamics. As the situation evolves, real-time updates continue to provide insights into the interplay ...