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Flight disruptions will persist even after shutdown ends, airlines warn The Washington PostPrivate Aviation Has Boomed During the Government Shutdown The New York TimesBWI airport travelers concerned about flight cancellations ahead of holidays CBS NewsUS flight cancellations and delays to get worse even if shutdown ends The GuardianTransportation chief warns of air traffi
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Newsom at UN climate summit says Trump is "doubling down on stupid" AxiosNewsom in the Spotlight at the Climate Conference That Trump Decided to Skip The New York TimesCalifornia governor calls Trump ‘an invasive species' at Cop30 climate talks The Guardian"Trump Is Temporary": California Governor Newsom Seizes COP30 Spotlight NDTV
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Private Aviation Has Boomed During the Government Shutdown The New York TimesDuffy warns of ‘massively more disruption' in air travel if shutdown extends to weekend The HillUS flight cancellations and delays to get worse even if shutdown ends The GuardianFlight disruptions will persist even after shutdown ends, airlines warn The Washington Post
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Duffy Won't Give Timeline to Restore Flights as Shutdown Appears Near End The New York TimesTransportation boss says flight delays so far are 'tiddlywinks' compared to what's to come USA TodayWATCH LIVE: Transportation Secretary Sean Duffy to give air travel update at O'Hare NBC 5 ChicagoFlight restrictions will ease, DOT says — o
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SoftBank's Shares Dive After Nvidia Sale Spooks AI-Wary Market Bloomberg.comSoftBank sells its entire stake in Nvidia for $5.83 billion CNBCTranscript: SoftBank divesting from Nvidia could be good, actually Financial TimesSoftBank Sells $5.8 Billion Stake in Nvidia to Pay for OpenAI Deals The New York Times
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Newsom tells AP the eight senators who struck the shutdown deal aren't alarmed enough about Trump AP NewsLive updates: Funding bill heads to House but shutdown could continue to impact air travel | CNN Politics CNNTrump news at a glance: Top House Democrats vow to oppose shutdown bill after splinter group disappoints The GuardianSenate Passes Bill to Reopen Government Amid Democratic Rift The New York TimesHow Senate Republicans won the last vote to end the shutdown
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Economic data releases — payroll and jobs reports, CPI and PPI — have lagged during the government shutdown and likely will take some time to get rolling again.
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Airlines will need time to adjust schedules even after the shutdown ends, carriers warned.
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Airlines have canceled more 9,000 flights across the U.S. since the Federal Aviation Administration ordered flight cuts late last week, mostly to ease demand on control towers that are short-staffed during the federal government shutdown.
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Republicans need Trump for the debate on Obamacare credits PoliticoTrump's shutdown win just landed Republicans with a huge political headache CNNAs Shutdown Nears End, Trump Still Confronts Soaring Health Costs The New York TimesDemocrats lose shutdown battle — as Trump, Republicans risk losing war The Washington Post
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After two years of a red-hot market, it's time real estate and mortgage professionals get ready for what could be a slowdown in their business.
Earlier this summer housing prices were on fire. Now there is talk of a "housing recession." Due in part to higher mortgage rates and more people vacationing this summer, U.S. existing home sales fell in July for the sixth straight month, the longest streak of declines in more than eight years.
SEE MORE Is Your Job Burning You Out?
One of my clients in the Midwest put his home up for sale recently and has had no interested buyers - none. A few months ago, we were certain it would sell in days. The plan was to sell the house and pay off their construction loan on their new home before it converted to a permanent mortgage. Now, that plan may need to change.
Several mortgage companies have already let go thousands of employees, and one company, Sprout Mortgage, based in East Meadow, N.Y., shut down in early July. Real estate brokerage companies, such as Compass and Redfin, have also slashed their workforce.
Real estate is cyclical, and while sales will not totally dry up, anyone tied to the industry should get their finances in order now in case the current downturn lasts another several months.
Here are a few moves to consider:
Build an Emergency Fund Twice as Big as a Salaried Worker's
No one wants to get caught borrowing money to pay their bills. While putting away enough money in a savings or money market account to cover six months of expenses is normal, it's best to plan for a longer period if you work in a cyclical industry.
Consider keeping six to 12 months of r
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