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Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs

Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs

Share to FacebookShare to TwitterShare to LinkedinTopline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which, alongside the technology industry, has already seen firms lay…

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Tech Billionaire Mark Cuban Is Sad

Mark Cuban is sad. And the reason for this sadness can be found in something that may come back into fashion with the hardening of the economic slowdown looming.  It’s about philanthropy. The covid-19 pandemic has contributed to the widening of socio-economic inequalities. The gap between the haves and have-nots has grown enormously during the…

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Ford Hits Back at Tesla

Ford  (F)  says it and repeats it. Its main rival is Tesla  (TSLA) .  The legacy carmaker, which is on a major offensive in the electric vehicle market, is determined to compete head-on with the sector leader in terms of profitability, market value, production and sales. The brand with the blue oval intends to battle…