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[If you see this note, it means the post launched before complete because reasons. Please return at 7:45 AM EDT for a final version] Mainstream outlets like the Wall Street Journal are wary of Groaf’s obstacles, but telling SEMS is unable to follow logical conclusions. The cry of the day was how America’s mobility fell. In this story, it means physical mobility. Remember, this is at the bottom of almost 40% per generation, like when moving to a new residence, in contrast to much more important income mobility. If you were born into a poor person or poor family, there…

This article was produced for ProPublica’s Local Reporting Network in partnership with the North Dakota Monitor. Sign up for Dispatches to get our stories in your inbox every week. Millions of Americans own the rights to oil and gas underground. When they’re approached by an energy company to lease out those rights, they’re offered a cut of the revenue, called a royalty. “Royalties saved our place,” said James Horob, a farmer in northwest North Dakota, who used oil royalties to rescue his family’s farm from bankruptcy in 2008 and replace equipment that had been auctioned off. “We’re lucky to have…

Large tech groups such as Meta, Alphabet and Nvidia have significantly increased their spending on personal security as tech bosses play a more public role than ever in US politics and confront hostility towards corporate executives.Security budgets for CEOs of ten leading tech companies, analyzed by the Financial Times, rose to more than $45 million in 2024. Alphabet, Amazon, Meta, Nvidia and Palantir all increased their protection budget by more than 10% per year. Security experts say spending and concerns about threats against tech bosses only increased this year after high-profile US attacks targeting corporate executives.”I have never seen more…

In real estate, the seller often assumes that the transaction will be made when the offer is accepted. But life happens, things change and sellers sometimes ask, “Can I come back from selling my house before closing?” The short answer may be arguably, but the long answer is much more subtle. A setback in home sales after signing a contract can lead to legal, financial and reputational outcomes. So, check out the guide below to understand why sellers can and cannot cancel a transaction, whether they are selling a home in Little Rock, AR, or Portland condos. Why sellers can…

Check out the companies that make headlines for transactions outside of business hours. Applied Materials – Semiconductor equipment manufacturers have fallen 11% after their current quarterly outlook missed the expectations of analysts voted by LSEG. Fiscal 3Q revenue and revenue were estimated. UnitedHealth – Insurance companies jumped nearly 8% after Warren Buffett’s Berkshire Hathaway revealed new shares, according to regulatory filings. Berkshire bought more than five million shares, equivalent to more than $1.6 billion in shares at the end of June. SANDISK – Data storage providers have fallen almost 10% after posting fewer non-GAAP gross margins than a year ago.…

Key Takeaways:  Expect to sell for less than comparable homes. In most states, you must disclose termite history and show proof the issue is resolved. A transferable warranty or prepaid inspections can cost less than large price concessions. Can you sell a house with termite history? The short answer is: yes, you can sell a house with termite history. However, here are a few key points to keep in mind.  Most states have laws on the books requiring you to disclose the history of termites. Expect a lower sale price and have all documentation ready to show that the issues…

Key takeout Paylocity is a cloud-based HRIS solution designed to increase efficiency. Suitable for medium-sized businesses with 50-1,000 employees. The average cost range for the platform is between $22 and $32. Pricing is based on the Per Employer (PEPM) model. The platform supports payroll automation in over 100 countries. It is beneficial for HR, IT and financial sectors looking to simplify key features. Features can be customized based on your organization’s needs. About wages Proper pay and HR software can greatly improve your organization’s efficiency. Paylocity is cloud-based software that provides several features to streamline pay, HR capabilities and employee…

The latest banking training program for employees The banking industry is at a pivotal turning point driven by significant technological changes, evolution of customer demand and continuous regulatory scrutiny. To compete, follow the rules and begin the process of change, banks need to abandon outdated training methods and adopt new strategic approaches to improving employee skills. This article explains the basic concepts behind a bank training program that is ready for the future beyond basic transactional training. These employee training programs should also help banks become more resilient, adapt to change and maintain high performance. Essentials behind the reinvention of…

Propublica is a nonprofit newsroom that investigates power abuse. Sign up for Dispatches. This is a newsletter that spotlights misconduct across the country, where you receive your stories in your inbox every week. Top Democrats on the House Committee require Agriculture Secretary Brook Rollins to explain the inconsistency between her official statement on staffing wild firefighters and the Propobrica report showing that there were thousands of vacant seats as the forest service’s firefighters workforce approached. In June, the Forest Service claimed it had reached 99% of its recruitment target for wild fire workers. However, Propublica’s report showed that agencies selectively…

Short version: Even a good indicator of protectionists, that’s a bad thing. On July 23rd, US and Japanese trade negotiators will be in charge of dealing with tariffs, investments and other international transactions. There’s a lot written about how bad a transaction is from a standard economic standpoint (see, for example, here). But President Trump and his administration negotiated the deal, but are merchantists. So, here we evaluate trade contracts from a mercantalist perspective, focusing primarily on the trade deficit. First a few notes: Not only the details of this transaction, but others negotiated are rough and subject to controversy.…