|
Oil futures were trading at their highest levels since the summer of 2024 on Friday as the Iran conflict entered a seventh day, with no sign of it ending anytime soon.
|
RELATED ARTICLES | | |
|
Sri Lanka takes custody of an Iranian vessel off its coast after US sank an Iranian warship AP NewsWhy the Torpedoed Iranian Warship Is a Political Problem for India The New York TimesIranian vessel suffers engine failure, offloads crew days after US submarine sank other ship Fox NewsIran Warns U.S. Will ‘Bitterly Regret' Sinking Iranian Warship Time Magazine
|
|
This weekend's US clock change is a problem, and there's a deep divide on how to fix it AP NewsView Full Coverage on Google News
|
|
Trump tariffs: Customs and Border Protection tells judge it can't comply with refund order CNBCTrump administration says it can't comply with order to start tariff refunds AxiosHow 2 court rulings this week shifted the tariff refund debate Yahoo FinanceJudge Orders Government to Begin Refunding More Than $130 Billion in Tariffs WSJ
|
|
The professional and business services sector lost 5,000 jobs, including 1,400 in accounting, tax preparation, bookkeeping and payroll services.
|
|
Russia is providing Iran intelligence to target U.S. forces, officials say The Washington PostRussia is helping Iran to target US military assets in Middle East Financial TimesRussia is aiding Iran's war effort by providing intel on US military targets, sources say CNNRussia providing Iran intelligence to target US forces, officials say - report The Jerusalem PostRussia is providing intelligence to Iran on the location of U.S. forces, sources say NBC News
|
|
Gas producer says it will take ‘weeks to months' to restore deliveries after Iranian drone strike
|
|
NASA has shuffled its Artemis rockets. But what of the lunar landers? Ars TechnicaNASA Strengthens Artemis: Adds Mission, Refines Overall Architecture NASA (.gov)NASA announces major overhaul of Artemis moon program amid safety concerns, delays: "We've got to get back to basics" CBS NewsNASA now officially has no plans to use new mobile launcher for Artemis Phys.org
|
|
The failure of one CEO's video, paired with a rival's sparkling success, provides attention-seeking bosses a tough reminder.
|
|
The chip maker has reportedly stopped production of its H200s for China at TSMC, and is focusing instead on Vera Rubin
|
RELATED ARTICLES | | |
|
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
|
|
