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New-home sales surge to highest level since May 2023

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Sales of newly built homes in the U.S. surged unexpectedly in July, as home builders saw a bump in demand due to falling mortgage rates.

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The stock market still leans to this candidate winning the presidential election

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The Dow’s indication of who will win the U.S. presidency deserves to be taken seriously.

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U.S. budget deficit in fiscal 2024 swells to third-highest level on record

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The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.

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‘I retired earlier than planned’: I’m 69 and will have $6,000 a month in retirement income. The bulk of my $3.6 million is equities. Is that OK?

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“I don’t expect equities to do as well over the next decade as they have in the past, but I still think they will outperform other options.”

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