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MarketWatchJun 02, 2026
Gold is an awkward asset for central banks to hold. It's now moved ahead of U.S. debt anyway.
The debt of the world's biggest economy is no longer the primary reserve asset for central banks worldwide.

RELATED ARTICLES
Gold replaces US Treasuries as world's top reserve asset, ECB says (FT.com - Financial Markets)

Google Business NewsJun 01, 2026
High-Wire Negotiations With Iran? Trump Finds it ‘Very Boring.' - The New York Times
High-Wire Negotiations With Iran? Trump Finds it ‘Very Boring.'  The New York TimesTrump tells CNBC: 'I don't care' if Iran negotiations are over  CNBCTehran suspends talks with U.S. over Israeli attacks in Lebanon, Iranian media reports  NBC NewsIran is stopping message exchanges with U.S., may block Hormuz, Tasnim news agency says  Reuters

Google Business NewsJun 01, 2026
Iran says it is breaking off ceasefire talks over Israeli attacks on Lebanon - The Washington Post
Iran says it is breaking off ceasefire talks over Israeli attacks on Lebanon  The Washington PostTrump tells CNBC: 'I don't care' if Iran negotiations are over  CNBCTehran suspends talks with U.S. over Israeli attacks in Lebanon, Iranian media reports  NBC NewsIran is stopping message exchanges with U.S., may block Hormuz, Tasnim news agency says  Reuters

MarketWatchJun 01, 2026
Global oil prices jump 7% to top $97 a barrel after Iran reportedly suspends talks with U.S. and fully closes Strait of Hormuz
U.S. and global oil prices were surging Monday after Iran reportedly suspended talks with the U.S. and closed the Strait of Hormuz in response to Israeli military operations in Lebanon.

Google Business NewsJun 01, 2026
Iran halts talks with U.S. over Israeli actions in Lebanon, Gaza - NPR
Iran halts talks with U.S. over Israeli actions in Lebanon, Gaza  NPRTrump tells CNBC: 'I don't care' if Iran negotiations are over  CNBCTehran suspends talks with U.S. over Israeli attacks in Lebanon, Iranian media reports  NBC NewsIran is stopping message exchanges with U.S., may block Hormuz, Tasnim news agency says  Reuters

Entrepreneur.comMay 26, 2026
He Loaned Elon Musk $1 Million When Tesla Was Nearly Bankrupt — Now He's About to Make More Than $100 Billion
Elon Musk's best friend Antonio Gracias bet early on Musk. His 7.3% SpaceX stake could soon make him one of the 50 wealthiest people alive.

KiplingerSep 15, 2022
Work in Real Estate? 5 Tips to Get Through the Home Sales Slowdown
After two years of a red-hot market, it's time real estate and mortgage professionals get ready for what could be a slowdown in their business.

Earlier this summer housing prices were on fire. Now there is talk of a "housing recession." Due in part to higher mortgage rates and more people vacationing this summer, U.S. existing home sales fell in July for the sixth straight month, the longest streak of declines in more than eight years.

SEE MORE Is Your Job Burning You Out? One of my clients in the Midwest put his home up for sale recently and has had no interested buyers - none. A few months ago, we were certain it would sell in days. The plan was to sell the house and pay off their construction loan on their new home before it converted to a permanent mortgage. Now, that plan may need to change.

Several mortgage companies have already let go thousands of employees, and one company, Sprout Mortgage, based in East Meadow, N.Y., shut down in early July. Real estate brokerage companies, such as Compass and Redfin, have also slashed their workforce.

Real estate is cyclical, and while sales will not totally dry up, anyone tied to the industry should get their finances in order now in case the current downturn lasts another several months.

Here are a few moves to consider:

Build an Emergency Fund Twice as Big as a Salaried Worker's  No one wants to get caught borrowing money to pay their bills. While putting away enough money in a savings or money market account to cover six months of expenses is normal, it's best to plan for a longer period if you work in a cyclical industry.

Consider keeping six to 12 months of r

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