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Federal Reserve's Daly: I don't believe that investments in artificial intelligence will drive up overall inflation.

2026-08-20

Federal Reserve's Daly: I don't believe that investments in artificial intelligence will drive up overall inflation.

Other News
2026-08-19

Canadian Trade Minister LeBlanc: We are still working to finalize the text.

Canadian Trade Minister LeBlanc: We are still working to finalize the text.
2026-08-20

Shanghai municipal government office issued the city’s Urban Renewal and Housing Development “15th Five-Year Plan”, directing a stepped-up renovation drive for aging residential communities to address safety risks. The plan mandates full repairs for

Shanghai municipal government office issued the city’s Urban Renewal and Housing Development “15th Five-Year Plan”, directing a stepped-up renovation drive for aging residential communities to address safety risks. The plan mandates full repairs for public housing and sold-off public housing communities, then gradually expansion to mixed-tenure and early commercial housing, using an inspection-first, phased inclusion approach. It calls for higher renovation standards, broader renovation scope, resident participation and support for homeowner-led renewal. The plan specifically tasks authorities to orderly replace aging elevators and to add elevators to existing multi-storey residential buildings, and to continue energy-efficiency retrofits of the existing housing stock.
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