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REAL ESTATE
This Week’s Real Estate News

Mortgage Rates Climbing: Because Owning a Home Wasn’t Hard Enough Already

In case buying a home wasn’t stressful enough, mortgage rates are on the rise again. That dream home you’ve been eyeing? It just got even more out of reach, unless you’re ready to sell a kidney or two. But don’t worry—experts say higher rates are “a sign of a healthy economy.” Sure, a healthy economy... just not one you can afford to live in.

As rates creep toward 8%, homebuyers everywhere are clutching their calculators like life preservers. So if you’re in the market, now’s the time to lock in that loan, or watch your monthly payment soar faster than your regret. Either way, good luck convincing yourself this is all totally normal.

Fewer Homes, Higher Prices: The Real Estate Market’s Latest Magic Trick

Well, surprise, surprise—August home sales took a nosedive, dropping more than experts expected. But, instead of this leading to any kind of break for buyers, home prices decided to set a brand-new record. Because, naturally, when fewer people are buying homes, the market’s response is to make them even more unaffordable. Makes total sense, right?

The price tag on the American Dream just went up again, so if you were thinking that the market might cool down, think again. Fewer sales and higher prices are becoming the new normal, where affordable housing is now a fantasy, right up there with unicorns and zero-calorie pizza.

So, unless you’ve got a stash of cash or a winning lottery ticket, buying a house might feel like trying to catch smoke with your bare hands. In the meantime, you can always enjoy renting—at least until landlords decide they want in on these record prices too.

Tax Changes Spook Britain’s Billionaires—Watch Them Flee Like It’s a Fire Drill

The UK’s ultra-wealthy are packing their bags and jetting off, not because the weather’s terrible (which it is), but because of tax changes. Yes, it turns out that even billionaires flinch when the government threatens to mess with their money. The proposed changes to the "non-dom" tax status—basically a sweet deal for the super-rich—have the elite rushing for the exits like there’s a flash sale at Harrods.

Apparently, tax breaks for the rich aren’t as eternal as they thought, and they’re not sticking around to see how much the government plans to chip away from their wealth. So, they’re off to friendlier tax havens, where their billions can breathe easy. Britain might soon find itself in need of a new elite class... if it can afford one.

BUSINESS
This Week’s Business News

Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

Boeing just dropped what it’s calling its “best and final offer” to its workers, which sounds less like a negotiation and more like a breakup text. This brilliant strategy comes just in time to avoid a strike—because nothing screams smooth operations like dangling a potential work stoppage over the production line.

The company insists this is the best deal they can offer, but workers might beg to differ. After all, “best” is pretty subjective when your definition of fair compensation is miles apart from management’s. With a strike looming, Boeing’s workforce now has a choice: take the deal, or put down the tools and test just how much the company really needs them.

Let’s see how long this “final offer” holds before someone blinks. Or until flights start getting delayed... again.

Foot Locker Ditches Nike: Can It Thrive in the Wild World of Kicks?

Foot Locker is trying to bounce back from its heart-wrenching split with Nike, and let’s just say it’s looking a lot like a post-breakup rebound. After years of cozying up to the swoosh, Foot Locker’s now scrambling to prove it doesn’t need its old flame to survive.

So what’s the plan? Diversifying its dating pool—er, product lineup—with everything from Adidas to Puma. Because when the relationship with your star player ends, you’ve got to fill that void somehow. The company’s hoping this move will help it stay relevant in a market where everyone is still swooning over Nike’s latest kicks. Will Foot Locker pull off its single-and-thriving routine? Or is it about to learn that the grass isn’t always greener?

2,500 Aircraft Soar with Starlink: A New Era of In-Flight Streaming

SpaceX’s Starlink is taking to the skies—literally. With 2,500 aircraft now under contract, it seems Elon Musk has decided that if you can’t beat boredom at 30,000 feet, you might as well stream Netflix while you’re at it. Because what’s a little internet distraction in the middle of turbulence?

As airlines scramble to keep up with consumer demand for in-flight Wi-Fi, SpaceX is here to save the day, one overpriced ticket at a time. Who needs turbulence when you can have buffering issues instead? Passengers can now choose between binge-watching their favorite series or staring blankly at the seatback in front of them, wondering why they didn’t just drive.

So, buckle up, folks! With Starlink in the air, your next flight might be the first time you actually want to experience turbulence—just for the thrill of feeling something, anything, beyond the Wi-Fi signal drop.

NEWS
This Week’s Headlines

President Biden is preparing a $375 million military aid package for Ukraine: which includes patrol boats, artillery ammunition, and other weapons. This aid boost comes as Ukraine faces intensified Russian attacks on its energy infrastructure ahead of winter​

Vice President Kamala Harris has urged Donald Trump to accept a proposal for another debate on CNN in October: This follows Trump's decision to decline another debate, which Harris had already agreed to for October 23rd.

Trump Threatens John Deere With 200% Tariffs if Production Moves to Mexico: The company recently announced plans to relocate some manufacturing from the U.S.​

The U.S. is planning to ban Chinese software and hardware in connected vehicles due to national security concerns. The ban, starting in 2027 for software and 2029 for hardware, aims to protect data from potential foreign manipulation​

The Brazilian Supreme Court gave X five days to confirm its new legal representative: Rachel de Oliveira Conceicao, after the platform was blocked for not complying with court orders related to hate speech moderation

Resurfaced photos from Sean "Diddy" Combs' infamous parties show A-list celebrities: like Leonardo DiCaprio, Sarah Jessica Parker, and Jennifer Lopez among the star-studded attendees.

ADVICE
This Week’s Business Advice

FUN
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I’m the one thing buyers love to hate,
I rise and fall, but never wait.
I drive decisions with every glance,
And when I’m low, it’s your best chance.
What am I?

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