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☆ The housing market is ‘stuck’ until at least 2026, Bank of America warns
▼ + stars: | 2024-06-27 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Economists at Bank of America warned this week that the US housing market is “stuck and we are not convinced it will become unstuck” until 2026 — or later. And mortgage rates may not fall much — even if the Federal Reserve finally delivers long-delayed interest rate cuts. There isn’t a magic fix,” Michael Gapen, head of US economics at Bank of America, told CNN in a phone interview. However, Bank of America expects housing starts — which is a measure of newly constructed homes — to remain flat for the coming years. Divide between haves and have-notsThe forecast for a “stuck” housing market cuts both ways.

Persons: unstuck, —, Michael Gapen, “ It’s, ”, ‘, Dave Liniger, ” Liniger, Liniger, “ Don’t Organizations: New, New York CNN, Bank of America, Federal Reserve, CNN, ”, ” Bank of America, Gallup Locations: New York, America

☆ 4 investors share the strategies they're using to earn passive income and build wealth while they sleep
▼ + stars: | 2024-06-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Whereas, with passive income, the idea is you do upfront work and then the gig pays you while you sleep. Insider has spoken with individuals and couples who have built passive income streams that are helping them build wealth without having to put in a ton of hours. "I 100% think that it can be a lucrative passive income stream," Erika said of investing in a franchise. That comes out to about $40,000 a month in just subscription revenue. "Everyone talks about passive income, but they keep growing.

Persons: —, Erika, Kareem Hall, Kareem, Erika Hall, Rachael Victoria, They've, , Kent, Liz Wilcox, Wilcox, I'm Organizations: Service, Business, Soccer Shots, Emory, Soccer, he's, LAX Locations: Georgia, Scottsdale , Arizona, Scottsdale

☆ Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
▼ + stars: | 2024-06-26 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario while maintaining their ability to lend to consumers and corporations. The stress test assumed that unemployment surges to 10%, commercial real estate values plunge 40%, and housing prices fall 36%. "This is good news and underscores the usefulness of the extra capital that banks have built in recent years." The Fed's stress test is an annual ritual that forces banks to maintain adequate cushions for bad loans and dictates the size of share repurchases and dividends. "While banks are well positioned to withstand the specific hypothetical recession we tested them against, the stress test also confirmed that there are some areas to watch," Barr said.

Persons: Michael Barr, JPMorgan Chase, Goldman Sachs, Barr, Banks Organizations: Financial, Valley Bank, Signature Bank, Capitol, Washington , D.C, Federal Reserve, JPMorgan, American Express Locations: Washington ,, U.S

☆ Failed Graceland foreclosure attempt turned over to federal investigators
▼ + stars: | 2024-06-26 | by ( Chris Youd | ) edition.cnn.com time to read: +1 min

CNN —The Tennessee Attorney General’s office has turned its investigation into the failed foreclosure attempt of Elvis Presley’s Graceland estate over to federal investigators, according to a statement provided by his office. “The Tennessee Attorney General’s Office looked into the Graceland matter, and it quickly became apparent that this was a matter best suited for federal law enforcement. We have faith in our federal partners and know they will handle this appropriately,” said Amy Lannom Wilhite, communications director for Tennessee Attorney General John Skrmetti. Keough claimed fraud and sued to protect the estate from foreclosure. A Shelby County Chancery Judge agreed and blocked the sale, and Naussany said it had dropped its foreclosure efforts.

Persons: General’s, Elvis Presley’s, Tennessee Attorney General’s, ”, Amy Lannom Wilhite, John Skrmetti, Riley Keough, Elvis Presley, Naussany, Lisa Marie Presley, Keough, Skrmetti Organizations: CNN, Tennessee, Tennessee Attorney, Naussany Investments, Justice Locations: Shelby County

Artificial intelligence is set to give the global data center market a major boost, according to Jefferies, and usher in a "new era of electricity demand." "As GPUs [graphics processing units] have become a larger part of the data center ecosystem and drive AI investments, demand for power and data center space has grown at a feverish pace," the investment bank's analysts wrote in a June 18 note. They noted that demand for data center space has increased between 10% and 20% each year for most of the past 15 years. As the data center market grows, so will demand for electricity, Jefferies said, naming a slew of beneficiaries in these segments and beyond. Among the "pure-play data center" names it likes are Digital Realty Trust and Equinix .

Persons: Jefferies, Stocks, — CNBC's Michael Bloom Organizations: Digital Realty Trust Locations: U.S, Europe, Freeport, McMoRan

☆ Why Americans Hate Their Jobs; Fake Email Jobs, Meaningless Work
▼ + stars: | 2024-06-26 | by ( Molly Lipson | ) www.businessinsider.com time to read: +11 min

The American Psychological Association highlights findings that people who find their jobs meaningful are more engaged, show up to work more, and are healthier. Many in those industries have begun to refer to their work as "fake email jobs" — office jobs that largely involve sending emails without producing anything. Other people have managed to juggle multiple full-time remote jobs thanks to the limited amount of work each job actually required. Working a useless job is a "profound psychological violence," Graeber wrote, one that removes any sense of dignity and fosters "deep rage and resentment." Short of everyone quitting to become their own CEO, employers will need to figure out how to make work feel meaningful for their staff.

Persons: it's, Zers, Pew, Gen Zers, I've, Graeber, David Graeber, Simon Walo, —, Walo, Brendan Burchell, Burchell, Clay Routledge, Routledge Organizations: Pew Research, American Psychological Association, University of Zurich, University of Cambridge Locations: Italy, Spain, Sweden

☆ Here are Wednesday's biggest analyst calls: Nvidia, Amazon, Alphabet, FedEx, Tesla, Caterpillar, Shopify, Disney & more
▼ + stars: | 2024-06-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are the biggest calls on Wall Street on Wednesday: Stifel initiates Tesla at buy Stifel said it's bullish on Tesla for the long term. JPMorgan upgrades FedEx to overweight from neutral JPMorgan upgraded the shipping giant following earnings on Tuesday. Jefferies reiterates Alphabet as buy Jefferies said its survey checks show Alphabet is top of mind for consumers when it comes to AI. Citi reiterates Nvidia as buy Citi raised its price target on Nvidia to $150 per share from $126. Morgan Stanley downgrades Accenture to equal weight from overweight Morgan Stanley said shares of the IT company are "no longer" attractive.

Persons: Tesla, Stifel, it's, Piper Sandler, Piper, Goldman Sachs, Goldman, Mark Clouse, Carrie Anderson, Rebecca Gardy, Wolfe, HOOD, Warnick, Shopify, Rosenblatt, Nike's, Morgan Stanley, Jefferies, GOOGL, Stephens, Wells, BTIG, Northrop, Rivian, Piper Sandler downgrades Aptiv Organizations: JPMorgan, FedEx, Campbell, Barclays, Nu Holdings, BMO, Steel, Nippon, US Steel, X, Digital Realty, Citi, U.S, Caterpillar, Apple, Apple Intelligence, Android, UBS, Nike, Nvidia, Davidson, Home, Bank of America, " Bank of America, shipper, UPS, Cruises, Northrop Grumman, VW, JV, Accenture Locations: 1Q24, Mexico, Brazil, China, Houston, U.S, Rivian

☆ I'm a real-estate agent in the Hamptons. Here are the hottest spots to see and be seen this summer.
▼ + stars: | 2024-06-26 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

I've been a real-estate agent in New York City, Long Island, and the Hamptons for five years. I'm also on the second season of the HBO show "Selling the Hamptons," and I'm the founder of Finding Space, a weekly newsletter of the trends I'm seeing in real estate. 1 recommendation if you want to be away from the crowds and remain exclusive while having access to the beach and East Hampton. AdvertisementEast Hampton has a bit more to doPeople really gravitate toward East Hampton. These are the Hamptons hot spots for summer 2024I always rave about this Mediterranean-inspired restaurant in East Hampton called Sí Sí.

Persons: —, Jonathan Yarton, It's, I've, I'm, Yarton, Jimmy Fallon, you'll, Bibloquet, Topping Rose, There's, Lauryn Haas Organizations: Service, Hamptons, HBO, Business, Southampton Locations: Rochester , New York, New York City, Long, Europe, NYC, Southampton, East Hampton, Sagaponack, Hampton, There's, Sag, Sag Harbor, Montauk, Amagansett, It's, Bridgehampton, Almond, lhaas@businessinsider.com

☆ With a MAGA win and a Squad loss, the political middle moves
▼ + stars: | 2024-06-26 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

So it would be an oversimplification to say that Republicans moved more MAGA and Democrats moved more moderate based on these two unrelated races. Former President Donald Trump personifies MAGA, and a large part of the Make America Great Again ethos he pushes is loyalty to him. That primary voters did not hold the spending against Latimer, as progressives argued they should, also reminds me that voters (especially Democrats) in presidential cycles tend to be cautious. Utah went its own wayWhile Boebert’s victory provides a foil for Bowman’s loss, it was far from a perfect night for more MAGA Republicans. It’s a shame that primary voters are becoming the de facto general election voters in states and districts that lean heavily to one side or the other, according to former Indiana Gov.

Persons: Lauren Boebert, MAGA, Jamaal Bowman, Donald Trump personifies MAGA, Joe Biden, Biden, Bowman, Boebert, Ken Buck, Trump, Israel, CNN’s Gregory Krieg, George, Latimer, that’s, You’ll, Dave Williams, Jeff Crank, Sen, Mitt Romney, John Curtis, Curtis, Spencer Cox, Cox, Mitch Daniels, trifecta, Daniels Organizations: CNN, Republican, Democratic, Republicans, vaping, Rep, Israel Jewish voters, Trump’s, Westchester, AIPAC, American Israel Public Affairs Committee, Fox News, MAGA Republicans, GOP, Trump, GOP Senate, Gov, Associated Press, Indiana Gov, The Washington Post Locations: Colorado, Bronx, Westchester County, New York, Gaza, Israel, Westchester, Utah, The

☆ Two Adidas employees out in China corruption probe
▼ + stars: | 2024-06-26 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Two employees have left Adidas as a result of an ongoing investigation by the German sportswear brand into allegations of corruption in China. Chinese state media outlet Economic View reported Wednesday that both former employees had worked in marketing for Adidas China. The allegations against Adidas executives were contained in an unsigned letter from people calling themselves employees of Adidas China. Greater China — a region that encompasses mainland China, Hong Kong and Taiwan — accounts for 15% of the company’s sales. In mainland China, Adidas is the second-largest international sportswear brand behind Nike (NKE).

Persons: ” Claudia Lange, “, ”, Jiemian, Lange, Yang Mi, Yi, Fred Organizations: Hong Kong CNN —, Adidas, “, Adidas China, CNN, Nike Locations: China, Hong Kong, Taiwan, Beijing

☆ These are the 5 US cities you should buy a home in before you get priced out of the housing market, says 'Million Dollar Listing' real estate investor
▼ + stars: | 2024-06-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Most of its residents are millennials, with its residents' median age being 33.6 years. As with Atlanta, most of its residents are millennials, with its residents' median age being 33.1 years. The median age of San Diego residents is 35.8 years. But it's also true that housing in San Diego trends toward the pricier end. San Diego, along with four other Californian cities, was marked as "impossibly unaffordable," according to the 2024 Demographia International Housing Affordability report.

Persons: —, Josh Altman, Altman, Sean Pavone, Eric Johnson, Pengyu Cheng, Michael Warren, Wager, it's, Altman didn't Organizations: Service, Business, Getty, Dallas, Texas, Popular, Disney, San Locations: Atlanta, Dallas, Orlando, Phoenix, San Diego, Texas, California, San Francisco, Eola, Miami, Arizona's, San Diego , California, Los Angeles, US

☆ Here's how much money Americans have in their 401(k)s at every income level—see how you compare
▼ + stars: | 2024-06-25 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Americans' workplace retirement account balances are growing — but they're still lower than what people say they need to be on track for retirement, new data reveals. The median account balance in the U.S. is now $35,286, according to Vanguard's annual How America Saves report, which tracked the performance of 401(k)s and similar plans in 2023. Some of the lower balance totals have to do with age, too: People often make and save less money earlier in their careers. "People tend to accelerate retirement contributions as they get older because they tend to earn more, but also because they're getting closer to retirement age," says Michelle Gessner, a certified financial planner in Houston. Compound interest is interest that's continually earned on both the principal amount and any accumulated interest, leading to exponential growth over time.

Persons: That's, they're, Michelle Gessner, that's Organizations: America, Northwestern Mutual Locations: U.S, Houston

☆ KKR acquires $2.1 bln portfolio of multifamily real estate assets from Quarterra
▼ + stars: | 2024-06-25 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Brendan McDermid/File Photo/File Photo Purchase Licensing Rights New Tab , opens new tabJune 25 (Reuters) - Investment firm KKR (KKR.N) New Tab , opens new tab acquired a portfolio of 18 multifamily real estate assets on Tuesday from a closed end fund sponsored by developer Quarterra Multifamily for about $2.1 billion. The portfolio includes 5,200 units across California, Washington, Florida, Texas, Georgia, North Carolina, Colorado and New Jersey. "We believe this is a great moment to invest in real estate, as transaction activity starts to pick up on the heels of two-years of dislocation in commercial real estate markets," said Justin Pattner, KKR's head of real estate equity in the Americas. KKR will partner with prominent multifamily real estate operators Carter-Haston, MG Properties and Dalan Real Estate to operate the assets. New Tab , opens new tab

Persons: Brendan McDermid, Quarterra, Justin Pattner, Carter, Pritam Biswas, Krishna Chandra Organizations: KKR, New York Stock Exchange, REUTERS, Investment, Thomson Locations: New York, U.S, California, Washington , Florida , Texas, Georgia, North Carolina , Colorado, New Jersey, Americas, Bengaluru

☆ The US real-estate market is headed for a correction, strategist says
▼ + stars: | 2024-06-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The real-estate market could soon see a major "leg down," the strategist Chris Vermeulen said. "People don't realize real estate is primed and ready for another major leg down," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's real-estate market could be in for a big correction, the veteran strategist Chris Vermeulen said. The chief market strategist of The Technical Traders pointed to worrying signals flashing in the real-estate sector, as borrowing costs look poised to stay higher for longer.

Persons: Chris Vermeulen, — Organizations: Service, Business

☆ Tal Alexander announces he will step away from his brokerage firm amid rape allegation
▼ + stars: | 2024-06-25 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +4 min

AdvertisementThe announcement caps a dizzying fall from the pinnacle of the residential real estate business for both Tal and his brokerage partner and brother Oren Alexander amid sordid allegations. Tal and Oren spent more than a decade at the brokerage firm Douglas Elliman, establishing themselves as big-name sellers of ultra-pricey homes. In 2022, the pair broke off from Elliman and cofounded Official Partners, a firm that focuses exclusively on the uppermost tier of the residential sales market. She also said that the decision to step aside was mutually made by Tal and Official. "Given the salacious nature of this false allegation and impact on Official, Tal and his partners have decided he will take a leave from the company," Deanna Paul, the attorney, said.

Persons: —, Tal Alexander, America's, Alexander, Deanna Paul, Tal, Paul, Oren Alexander, Oren, Douglas Elliman, Ken Griffin, Alon Alexander, Alon, Nicole Oge, Oge, Angelica Parker Organizations: Service, Business, Partners Locations: New York, Manhattan, Elliman, New York State

☆ How Delta made itself America's luxury airline — and what United wants to do about it
▼ + stars: | 2024-06-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +16 min

Rival United Airlines — second to Delta in net profit margins — is circling. Delta plans to open Delta One lounges in Boston and Los Angeles later this year, and is studying airports where it could open others. Like other airlines, Delta accepted billions in federal aid to weather the pandemic. Luxury air travel and the United States didn't go together for many years — and might not still, if you ask well-heeled globetrotters. And at Delta and other airlines, many of the perks for luxury flyers come through lounges.

Persons: Benoit Tessier, Ed Bastian's, Bastian, Ed Bastian, John F, Raymond James, Savanthi Syth, Andrew Nocella, Patrick Quayle, Quayle, Richard Anderson, Anderson, Delta, Barack Obama's, They're, Shai Weiss, Claude Roussel, Joe Biden, United States didn't, Henry Harteveldt, Scott Kirby Organizations: Airbus, Delta Air Lines, Reuters Delta Air Lines, Transportation Department, Rival United Airlines —, CNBC, Delta Air Lines Inc, Bloomberg, Getty, American Express, Kennedy International Airport, United, Boeing, U.S, Labor, Southwest Airlines, U.S ., JetBlue Airways, Delta, Corporate, Northwest Airlines, Endeavor, Virgin, American, Sky Club, New, LaGuardia, Etihad Airways, Singapore Airlines, Atmosphere Research, Airlines, Sky Clubs, Los Angeles International Airport, JFK, American Airlines, JPMorgan, Consumer Electronics, Starbucks Locations: punctuality, New York, Delta, Chicago, Boston, Los Angeles, Dubrovnik, Croatia, Amman, Jordan, Cape Town , South Africa, Atlanta, U.S, Queens, N.Y, United, Tokyo, York, United States, Las Vegas

☆ The US real estate market is headed for a correction, strategist says
▼ + stars: | 2024-06-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The real estate market could soon see a major "leg down," according to strategist Chris Vermeulen. "People don't realize real estate is primed and ready for another major leg down," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's real estate market could be in for a big correction, according to veteran strategist Chris Vermeulen. The chief market strategist of The Technical Traders pointed to worrying signals flashing in the real estate sector as borrowing costs look poised to stay higher for longer.

Persons: Chris Vermeulen, — Organizations: Service, Business

☆ He's only 28 but has revitalized France's far right: Meet the man who could be the country's next prime minister
▼ + stars: | 2024-06-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Soon, he could well become prime minister if RN wins an absolute majority in the forthcoming parliamentary elections — and he's only 28. Bardella's rise from party spokesman in 2017 to party president over the course of five years is somewhat remarkable for a man who is only 28. Bardella excelled in economics and social sciences at a private college and joined National Rally — then known as the National Front — at the age of 16. Two years later, he became a Member of the European Parliament (MEP) before being made party president in 2022. Jordan Bardella, president of the National Rally, speaks to members of the media as he arrives at Medef in Paris, France, on Thursday, June 20, 2024.

Persons: Jordan Bardella, Julien De Rosa, Bardella, Denis, Joseph Downing, Pen, Jean, Luc Mélenchon, Frederic Chatillon, Le Pen, Le, —, Critics, Francois Lo Presti, Macron, Holger Schmieding, Bardella's, Emmanuel Macron's Organizations: Afp, Getty, National, CNBC, National Rally, Paris Sorbonne University, London School of Economics, European Institute, National Assembly, Le, Palais des Sports, Nurphoto, cri, Union, NATO, Berenberg Bank, Popular, Bloomberg Locations: Paris, Villepinte, France, Bardella, Drancy, Paris suburb, Seine, Montmorency, Morocco, Henin, Beaumont, Ukraine, French, Medef

CNN —Federal Judge Aileen Cannon said Tuesday she had “a hard time seeing” any problems with the warrant the FBI obtained to search former President Donald Trump’s Mar-a-Lago estate in the summer of 2022. Trump’s attorney Emil Bove had argued that the warrant was overly broad and unjustly allowed agents to search the entire Mar-a-Lago premises. Bove, like in other recent hearings in the classified documents case, wants the judge to hold even more hearings that could probe into the investigators’ work. “They purported to look for classified documents in a gym and a kitchen,” he added. Investigators say they found classified documents in various places at the resort, including a public ballroom, a bathroom and a bedroom.

Persons: Aileen Cannon, Donald Trump’s Mar, Cannon, Emil Bove, Trump, Walt Nauta, Carlos De Oliveira, Jack Smith, “ We’re, ” Bove, wasn’t, “, David Harbach sparred, Harbach, Bove, hadn’t, ” Organizations: CNN, FBI Locations: Lago, Fort Pierce , Florida, Cannon, Mar

☆ 5 creator-economy startups YouTube star MrBeast has invested in, according to court documents
▼ + stars: | 2024-06-25 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +1 min

YouTube's top creator, MrBeast, has invested in five creator companies, court filings show. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAside from creating viral content, internet sensation MrBeast has used his earnings to back several creator-economy upstarts. Jimmy Donaldson, known as MrBeast online, is the most-subscribed-to YouTube creator, with 288 million subscribers. A recent court filing confirms for the first time the companies that Donaldson has invested in.

Persons: Donaldson, —, MrBeast, Jimmy Donaldson, He's Organizations: Service, YouTube

☆ Li Qiang warns against ‘vicious cycle’ of China decoupling from the West
▼ + stars: | 2024-06-25 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN —Chinese Premier Li Qiang has warned against a “vicious cycle” of economic decoupling from the West, as Beijing struggles to contain rising global pushback over soaring electric vehicle (EV) exports. This will “drag countries … into a vicious cycle of scrambling for a cake that becomes smaller and smaller,” Li added. Last month, the Biden administration quadrupled tariffs on EV imports from China, from 25% to 100%, aiming to protect American jobs and manufacturing. Chinese EV sales to the United States are tiny.

Persons: Li Qiang, Li, ”, China’s, Xi Jinping, Biden Organizations: Hong Kong CNN, EV, European Union, Reuters, EU, Global Locations: China, Hong Kong, Beijing, Dalian, Canada, Beijing’s “, United States, European

☆ A San Francisco home worth $1.8 million was just listed for $488,000—but the new owners can't move in until 2053
▼ + stars: | 2024-06-25 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

The three-bedroom property, built in 1924, listed earlier this month is worth $1.8 million but is currently priced at $488,000, according to The San Francisco Standard. The property will be sold as is, meaning the new owners will become the current tenants' new landlords. The San Francisco metro area is one of the most expensive place to live. To afford life in a big city like San Francisco, you'd have to make double what most Americans earn, according to a May Moody's Analytics analysis. The unusual sale is partly due to a family feud, according to The San Francisco Standard.

Persons: you'd, Sandra Lee, Cheryl Lee, Todd Lee, Sandra, didn't, Lee Organizations: San Francisco, San Francisco Standard, North, CNBC Locations: San Francisco's, San Francisco, Russia Hill

☆ Fearing Losses, Banks Are Quietly Dumping Real Estate Loans
▼ + stars: | 2024-06-24 | by ( Matthew Goldstein | ) www.nytimes.com time to read: +1 min

Some Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their mortgages, have begun offloading their portfolios of commercial real estate loans hoping to cut their losses. It’s an early but telling sign of the broader distress brewing in the commercial real estate market, which is hurting from the twin punches of high interest rates, which make it harder to refinance loans, and low occupancy rates for office buildings — an outcome of the pandemic. Late last year, an affiliate of Deutsche Bank and another German lender sold the delinquent mortgage on the Argonaut, a 115-year-old office complex in midtown Manhattan, to the family office of the billionaire investor George Soros, according to court filings. Around the same time, Goldman Sachs sold loans it held on a portfolio of troubled office buildings in New York, San Francisco and Boston. And in May, the Canadian lender CIBC completed a sale of $300 million of mortgages on a collection of office buildings around the country.

Persons: It’s, George Soros, Goldman Sachs Organizations: Deutsche Bank, Argonaut, CIBC Locations: Manhattan, New York, San Francisco, Boston

Cannon did not seem inclined to approve the limitations on Trump’s speech but did not immediately issue a ruling. The judge also heard arguments on Trump’s long-shot motion alleging that the special counsel’s office is being improperly funded. He said that while Trump is welcome to campaign, there should be certain limits when it comes to the safety of FBI agents on the case. “Steve Bannon making a comment is potentially the kind of thing that could send President Trump to jail,” Blanche said. Republicans on Capitol Hill have also tried to buckle down on the DOJ’s use of the special counsel’s office and its funding.

Persons: Aileen Cannon, Jack Smith’s, Donald Trump’s, Trump, Cannon, ” Cannon, David Harbach, Trump “, Harbach, “, ” Harbach, ” Trump, Smith, Todd Blanche, Biden, ” Blanche, Blanche, “ Steve Bannon, James Pearce, Janet Reno, Pearce, Emil Bove, hadn’t, Bove Organizations: CNN, FBI, Department, Mar, Trump, Justice Department, , DOJ, Republicans, Capitol Locations: Fort Pierce , Florida, Lago

☆ I'm single and childless and I can't afford to retire in California. To afford the life I want, I'm moving to the South.
▼ + stars: | 2024-06-24 | by ( L.A. Jackson | ) www.businessinsider.com time to read: +4 min

I'm afraid because California, where I live, is just too expensive, and I can't afford to retire here. I can't afford CaliforniaI considered staying put in Los Angeles, in the apartment I've lived in for the past 20 years. The decision was made, I then had to determine what part of the US I'm willing to move to. I like the Midwest, but after 30 years in California, I can't do long winters anymore. Having a comfortable retirement is important to me, and I'm willing to explore other parts of the country to ensure it.

Persons: It's, Black, it's, — Organizations: Service, AARP Locations: California, Los Angeles, Southern California, Detroit, East Coast

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