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Dow futures slide after record-setting session on Wall Street: Live updates CNBCWall Street poised to open lower even as AI and data center companies soar on still-hot demand Boston HeraldStock market today: Dow, S&P 500, Nasdaq futures slip as US-Iran tensions weigh on AI optimism Yahoo FinanceStock Market Today: Dow Futures Slip; AI Fervor Powers Tech Stocks — Live Updates WSJ
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Californians head to the polls as governor primary goes down to the wire - US politics live The GuardianYour last-minute guide to election day challenges in California's 2026 primary election Los Angeles TimesCalifornia Governor's Race: New poll shows Tom Steyer edging Hilton in as battle for 2nd tightens ABC7 Los Angeles5 key races to watch in Tuesday's primary
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The AI-Driven Enterprise Institute released new research that breaks down the degree to which S&P 500 companies are adopting AI compared with their peers.
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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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