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US consumers are flashing a key signal that has typically preceded a recession — and investors have reason to be on high alert for more signs of weakness, according to Société Générale.The bank pointed to the decline in the personal savings rate in the US, with households saving less than 3% of their disposable personal income in August, according to data from the Commerce Department.The savings rate slumped below 3% prior to the 2008 financial crisis, SocGen strategist Albert Edwards said in a note to clients on Wednesday.”I must apologize for falling asleep on the job. I hadn’t spotted that…

United Nations Secretary-General Antonio Guterres has been clear, telling a press conference that the world “cannot afford Lebanon to become another Gaza”. Many prominent Israeli figures seem to want exactly that, however, drawing straight lines between Hamas in Gaza and Hezbollah in Lebanon to underscore the threat they pose and justify assaults on Gaza and Lebanon. So, are Hamas and Hezbollah the same? Not even a bit. In Lebanon, Hezbollah is part of a wider tapestry of the political and military mosaic. While it plays a prominent role in the country, it does not have control over the presidency or…

Janelle Brown is doing all she can to move on with her life. In the wake of the most personal tragedy imaginable. As previously reported, Janelle is in the process of selling her late son’s house… about six months after Garrison Brown took his own life via self-inflicted gunshot wound. Janelle Brown is deep in thought on Sister Wives. (TLC) Now, the veteran Sister Wives cast member has announced that she and her daughter, Madison “Maddie” Brush, are launching a new flower business together. “I am beyond excited to finally share our passion project with you — TAEDA FARMS!” Janelle…

For years, the U.S. housing market boomed. Economic growth, cash flowing through the economy, and cheap mortgages all drove massive homebuyer demand for more than a decade. People have told me, “Home prices have raced higher, it’s unsustainable, homes are unaffordable; therefore, home prices must fall. Things have to get back in line. Don’t they?”  Prices went up a ton, they’ve got to correct back down, right? But, we don’t see any evidence of it happening yet.  Home sales have crashed over the last two years with more expensive money. Inventory is still building. This week, available inventory of unsold…

A box of Ozempic made by Novo Nordisk is seen at a pharmacy in London, Britain March 8, 2024.Hollie Adams | ReutersNovo Nordisk’s blockbuster diabetes drug Ozempic may decrease the risk of opioid overdoses in certain patients, demonstrating its potential as an alternative treatment for opioid use disorder, according to a new study released Wednesday. The active ingredient in Ozempic, semaglutide, was associated with a “significantly lower” opioid overdose risk than other diabetes medications in people diagnosed with both Type 2 diabetes and opioid use disorder, said the paper published in JAMA Network Open. The results suggest that Ozempic could offer potential…

ReutersFishermen pulled their boats ashore ahead of Helene’s arrivalTropical Storm Helene is strengthening in the Caribbean as it heads towards Mexico’s Yucatán peninsula.Meteorologists warn Helene could turn into a category-three hurricane before hitting the US Gulf Coast in the coming days. The US-based National Hurricane Center (NHC) said that Helene was expected to pass the north-eastern coast of Yucatán in the coming hours and hit Florida late on Thursday local time. Florida Governor Ron DeSantis has declared a state of emergency for almost all of the state’s counties.Map of Tropical Storm Helene’s pathAt 09:00 GMT, Helene had maximum sustained winds…

Forget trying to compete with the big national names. Focus on local, community-specific SEO to stand out in online searches, David Marden writes. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. In the competitive world of real estate, it’s easy to get caught up in traditional marketing strategies that focus solely on property listings, recent…

Iran is helping the Houthi rebels try to secure Russian anti-ship missiles, Reuters reported, citing three Western and regional sources.Two regional officials aware of the talks said the Houthis and Russians have met at least twice this year in Tehran, where discussions to supply the missiles were underway.They added that more meetings are expected in the coming weeks.”The Iranians are brokering the talks but do not want to have their signature over it,” a Western intelligence source said.Multiple sources said the anti-ship missiles were P-800 Oniks, also known as Yakhont missiles, but said that Russia has not yet decided whether…

The Russian novelist, a compulsive gambler, lost everything in the opulent spa and gambling towns of Baden-Baden, Bad Homburg and Wiesbaden. An admirer of his books follows his footsteps. Source link

Play video content ABC Anna Delvey and Tori Spelling are the first 2 stars to fall out of the “Dancing with the Stars” sky … heading home in a double elimination — and, their reactions couldn’t be more different. The socialite and the actress were eliminated Tuesday night after landing in the bottom 3 with “Family Matters” star Reginald VelJohnson … and, ultimately, hosts Alfonso Ribeiro and Julianne Hough didn’t call their names. Anna and Tori couldn’t have had more different reactions to getting the hook BTW … just watch the clip — Tori talks about how grateful she is…