Ottawa resident rallies small businesses to fundraise for the Ottawa Cancer Foundation - CTV News

Bluesky plans to introduce payments in the coming months, a first step in its strategy to make money without relying on advertising. CEO Toni Schneider and COO Rose Wang outlined the plans Thursday at TechCrunch Disrupt, explaining how the company hopes to build on the commerce and fundraising activity already happening on its decentralized social network. “People are actually selling things, fundraising very successfully, supporting each other on the network,” Schneider said. “We want to make that easier, and the way we’re going to do this is if you see something on the network that you like and support, you can support that monetarily, and we want to do it in a way that works for Bluesky and for all the other apps out there as well, so that it works across the entire network.”

Home sellers cut asking prices on more than 3,000 properties a day on average in Britain during September, according to figures from Rightmove shared exclusively with the BBC. The property website said the total was the highest of any month for 15 years and was driven, in part, by a glut of homes on the market and some sellers setting unrealistic expectations. The proportion of listed homes that eventually had a price cut peaked in 2023 and has remained relatively high since. Property portals say buyers are now having to be choosy, with many working to a tight budget as mortgage rates have risen to three-year highs. "Once a home has been on the market for a while and then has a price reduction, some buyers start asking questions, even when there is nothing wrong with the property," said Colleen Babcock of Rightmove. "In a market with so much choice, first impressions matter. "Rightmove data said the average price reduction was nearly 7% - the equivalent of nearly £21,000 cut from a typically valued home. Its data showed that homes that had a price reduction typically took 119 days to find a buyer, compared with 39 days for those listed at one price.

Soaring freight is forcing oil producers into discounts, pushing delivered prices towards $140/bbl in China and prompting producers to absorb more transport costs to secure buyers. India is attracting more Brazilian and West African barrels as shorter voyages improve sellers’ returns, while Chinese refiners hold out for cheaper deliveries.

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