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Iranian drones hit airport in Azerbaijan's exclave as US-Israel war widens Al JazeeraIran Live Updates: Iranian Drones Fall in Azerbaijan as Crisis Spills Beyond Mideast - The New York Times The New York TimesU.S.-Israeli strikes continue across Iran; Iranian drones hit Azerbaijan NPRLive - Azerbaijan summons Iran ambassador after strike injures two in Nakhchivan ????? ??????????
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How the Decision to Start a War Became the President's - The New York Times The New York TimesWhy doesn't Congress declare war anymore? CNNCongress hasn't officially declared war since WWII. Here's how presidential war powers have played out since then PBSRestoring the rule of law': Why declaring war matters WTOP
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MP's husband and two men bailed after arrests for alleged China spying BBCBritain Arrests a Lawmaker's Husband on Suspicion of Spying for China The New York TimesMP investigated by Labour after husband accused of spying BBCHusband of Labour MP released on bail after arrest on suspicion of spying for China The GuardianUK lawmaker's partner arrested over China spying allegations
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Iran launches new attacks and calls for ‘Trump's blood' while Israel strikes Iranian infrastructure AP NewsU.S. Says It Torpedoed Iranian Ship The New York TimesSri Lanka trying to ‘safeguard lives' on second Iran ship after US attack Al JazeeraIran live: War widens as Iran says US will 'bitterly regret' sinking ship Reuters
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Revolut applies for US banking licence in push to crack American market Financial TimesRevolut, the British Finance App, Seeks a U.S. Banking Charter The New York TimesRevolut files for US bank charter, names Duransoy as US CEO Yahoo FinanceRevolut Applies for U.S. Bank License in Expansion Push WSJRevolut Seeks American Bank License as Fintech Appoints US CEO Bloomberg
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Target's plan to create ‘the most delightful experience in retail' Star TribuneTarget's new CEO says fresh eyes and respecting core values will help him regain customer trust ABC NewsTarget shifts away from being an 'everything store' in new strategy focused on 'busy families' Business InsiderTarget to Spend Billions to Refresh Stores, and Hire More Workers - The New York Times The New York Times
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In a New York Times opinion piece, former Block executive Aaron Zamost argues that artificial intelligence may be serving as a convenient storyline for traditional corporate downsizing.
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‘A big burden for farmers': Gulf shipping crisis threatens food price shock The GuardianFertiliser disruption from Iran conflict prompts global food shortage warnings Financial TimesChartbook 436 Unseasonal war. How the US-Israeli war on Iran threatens the global agricultural cycle. Adam Tooze | SubstackStrait of Hormuz: Gulf states' food security is at immediate risk but wider shortages could push up consumer prices globally The Conversation
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It may be time to dive deeper into the emerging markets trade.
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Variant Perception said its S&P 500 "Correction Signal" has only been triggered three times since 2019.
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Blended families, income inequality and investing blunders are in the spotlight at tax time.
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Private equity real estate firm HighBrook Investors has raised $266m for its inaugural data centre fundraise, which it said was completed "on an accelerated timeframe to capitalize on this compelling, time-sensitive opportunity".
The post HighBrook Investors raises $266m date centre fund to capitalise on ‘compelling, time-sensitive opportunity' appeared first on AltAssets Private Equity News.
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First repatriation flights land in Israel, outbound travel to start Sunday The Times of IsraelMore than 20,000 Israelis return since start of Iran war, ministry says ReutersIsraeli Airlines resume flights as Ben Gurion reopens The Jerusalem PostIsrael to Begin Phased Reopening of Airspace; Outbound Flights to Resume Sunday
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Carney Says Canada and Australia Can ‘Set the Agenda' as World Faces ‘Crises' - The New York Times The New York TimesGlobal order is 'breaking down', Carney tells Australian parliament BBCAustralia to join G7 critical minerals alliance, Canada's Carney says ReutersOpinion | Mark Carney reveals why a personal touch is needed when dealing with the world's most powerful leaders Toronto Star
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A bullish "golden cross" pattern appears in Costco's stock chart for the first time in nearly three years, on the same day the latest quarterly report is slated to be released.
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Berkshire Hathaway CEO Greg Abel said the company started buying back shares this week. And he spent all of his take-home pay doing the same.
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China Sets Economy's Growth Target Below 5% for First Time in Decades - The New York Times The New York TimesChina sets lowest economic growth target since 1991 BBCChina's Waning Growth Has Global Repercussions Bloomberg.comWhat to look out for at this year's meeting of China's legislature BrookingsChina needs a more ambitious growth target The Economist
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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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