Estate Risks
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The New York Times - Top stories
In Manhattan Real Estate, Cash Is Everything
All-cash purchases shot up to 64 percent of home sales in the borough. Here’s who’s buying. -
The New York Times - Business
Apartments Could Be the Next Real Estate Business to Struggle
Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities. -
The Wall Street Journal - World
The Morning Risk Report
New York pension fund to vote against Best Buy chairman in dispute over LGBTQ support, and Microsoft to pay $14.4 million to resolve leave discrimination claims in California. Plus, the EU confirms tariffs on Chinese-made EVs. -
The Wall Street Journal - World
The Morning Risk Report
‘Nuclear’ jury verdicts rise alongside American anger, and Nordea faces a court case in Denmark over anti-money-laundering shortcomings. Plus, JPMorgan warns customers: Prepare to pay for checking accounts. -
The Wall Street Journal - World
Hurricane Beryl Shouldn't Pose Threat to Specialty Insurers' Full-Year Targets
Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets, though it is still too soon to tell, RBC Capital Markets said. -
The Wall Street Journal - World
An Art Collector's Unusually Large Sag Harbor Estate Lists for $38.95 Million
The roughly 50-acre property is packed with amenities, like an in-ground trampoline, sunken tennis court and equestrian facilities. -
The Wall Street Journal - World
Big Banks Are Taking Hits From Commercial Real Estate
While smaller banks are doing the bulk of lending, bigger banks’ loans are the ones showing signs of strain. -
CBS News - Entertainment
Judge refuses to dismiss lawsuit in battle over pop icon Prince's estate
Prince died of an accidental fentanyl overdose in 2016. He had no will, and his six siblings inherited equal interests in the estate. -
MarketWatch - Business
The rush to exit commercial real-estate funds is going mainstream
The plight of investors looking to pull money out of commercial real estate funds has gone mainstream. -
The Wall Street Journal - World
Property Fraud Allegations Snowball as Commercial Real-Estate Values Fall
A drop in values caused by higher interest rates and a rise in defaults exposes more schemes. -
The Hill - Politics
Is our food supply chain at risk?
Any disruptions along the food supply chain can have disastrous consequences. -
CNBC - Business
How a 'softening' real estate market could help you score a lower price on a home
Homes are taking longer to sell, which is helping buyers successfully negotiate the asking price for a home. -
The Guardian - World
Helicopter rides and a wealthy contact list: inside Australia’s luxury real estate market of $60m-plus homes
Forget interest rates and consumer sentiment – luxury markets are swimming in a completely different lane, agents say. Get our morning and afternoon news emails, free app or daily news podcastGowan Stubbings can still remember the rush of his ... -
ABC News - Entertainment
Delaware judge refuses to dismiss lawsuit in battle over estate of the late pop icon Prince
A Delaware judge has refused to dismiss a lawsuit filed by former business advisers to the late pop music icon Prince against two of his siblings and other heirs in a dispute over his estate -
The Hill - Politics
Democrats risk becoming Trumpified in defending Biden
Democrats are becoming resigned to Biden's candidacy. They shouldn’t.Joe Biden -
The New York Times - Lifestyle
Paul Theroux, Author of Almost 60 Books, Has Advice for Aspiring Writers
After 60 years and almost as many books, the novelist and travel writer, 83, will stop when he falls out of his chair. -
Yahoo Sports - Sports
Let's not overlook the risk Dallas is taking on Klay
While Klay Thompson isn't the same kind of scoring threat he was in his prime, he still should be a great fit around Luka Doncic and Kyrie Irving. -
Financial Times - Business
Beware shadow banks gobbling up more risk
Policymakers are directly or inadvertently fuelling the rise of the asset manager lender -
Financial Times - World
European central bankers warn of risks to region’s economy
ECB policymakers view French elections as sign of a broader shift in a more populist, protectionist and turbulent directionEurope -
The Hill - Politics
Biden leans on family with political future at risk
President Biden is increasingly leaning on his family while navigating calls from fellow Democrats to end his 2024 candidacy. Jill Biden and Hunter Biden serve as some of the president’s closest inner circle of confidants with a public focus ...Joe Biden -
Financial Times - World
Abandon caution, embrace risk: a growth recipe for Labour
Regulatory rulebooks should hit the shredder as the new government leans into reform -
BBC News - Top stories
Democrats weigh risks and rewards of losing Biden
Concern over Mr Biden's re-election effort has reached fever pitch as some lawmakers express doubts.Joe Biden -
The Wall Street Journal - World
Swiss Franc Could Weaken if Interest Rates Fall Further
The Swiss franc has recently been in demand as a safe haven due to political uncertainties around the world, but the currency could fall slightly in coming months given the prospect of interest rates being cut further, Commerzbank said. -
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CBS News - Top stories
Trader Joe's recalls candles sold nationwide due to safety risk
Trader Joe's says a seasonal scented favorite should be discarded or returned due to an "unexpected burn pattern." -
The Hill - Politics
Ozempic, Wegovy may be linked to risk of rare form of blindness: Study
Those who take Ozempic or Wegovy may have an increased risk of developing a rare form of blindness, though future research is needed to make a final determination, researchers in a new study said. The study, published Wednesday in the medical ... -
ABC News - Top stories
6th hot car-related child death this year highlights ongoing risk
A two-year-old boy was found dead inside a car in Georgia, officials said. -
The Wall Street Journal - World
Canada Enacts Digital-Services Tax Amid Risks of U.S. Trade Retaliation
Canada authorized the implementation of a digital-services tax, a move that threatens to trigger trade retaliation from Congress and the Biden administration. -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
The New York Times - Top stories
Should Biden Quit? Democrats Weigh Potential Rewards and Steep Risks
Picking a new nominee could give Democrats a jolt of energy. But it could bring division and a crash-course campaign with no room for error.Joe Biden -
The Hill - Politics
7 reasons why Biden and Trump are national security risks
Biden's debate performance and Trump's indictment for violating the Espionage Act, as well as the Trump Organization's new foreign projects and the Supreme Court's immunity decision, all pose significant national security risks for the United States.Joe Biden -
CBS News - Top stories
Dermatologists battle online "anti-sunscreen movement" spreading misinformation, health risks
An anti-sunscreen movement is heating up online this summer, spreading misinformation that could lead to potentially dangerous behavior. Dermatologists are taking to social media to stop the misinformation. -
NBC News - Top stories
Health risks linked to extreme heat linger even as temperatures drop
A dangerous heat wave imperiling people on the West Coast is expected to peak Saturday, but experts say the health risks will persist long after temperatures crest. -
The New York Times - Top stories
The Enormous Risks a Second Trump Term Poses to Our Economy
After surviving one round of economic Russian roulette, Donald Trump is asking us to take another spin, only this time with many more bullets in the chamber.Donald Trump -
The Wall Street Journal - World
Deeply Divided France Risks Unprecedented Deadlock After Election Shock
The snap election produced a National Assembly that ranks among the most ideologically fractured parliaments in the country’s modern history. -
MarketWatch - Business
‘I’ve always been the responsible one’: My mother wants to leave her entire estate to me — so I can take care of my younger brother. Is this foolish?
“What are the tax and financial implications of receiving an estate and then passing on a large percentage of it to someone else?” -
MarketWatch - Business
‘I’m appalled’: My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.” -
The Guardian - World
EU brushes aside risk of China trade war over electric vehicle tariffs
Higher tariffs on Chinese EV imports to come into force despite carmakers’ fears of retaliation. Business live – latest updatesThe EU’s top trade official, Valdis Dombrovskis, has brushed aside concerns of trade-war retaliation from Beijing ...China -
The Guardian - World
Garth Risk Hallberg: ‘David Foster Wallace convinced me to change the way I was living’
The American author on how Infinite Jest made him face up to his substance abuse, and the joy of Judy Blume. My earliest reading memoryMy mother first read me Dr Seuss’s The Cat in the Hat when I was four, and as with much of what I love, I became ... -
CNBC - Business
Can Israel's Iron Dome be overrun? System's capabilities in focus amid rising risk of war with Hezbollah
As Israel faces the prospect of a two-front war against Hamas and Hezbollah, military experts warn its advanced Iron Dome defense system could be overwhelmed.Israel