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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. Major stock indexes took a dive Friday, dragging mortgage rates down with them on renewed worries about a recession following a report by the U.S. Bureau of Labor Statistics showing employers added fewer jobs than expected in August. Nonfarm payrolls grew by just 142,000 last month, and…

Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the money market fund boom before year-end.”With that $6 trillion plus parked in money market funds, I do think that is really the biggest wild card for the remainder of the year,” Nate Geraci, president of The ETF Store, told CNBC’s “ETF Edge” this week. “Whether it be flows into REIT ETFs or just the broader ETF market, that’s going to be a real potential catalyst here to watch.”Total assets in money market funds set a new high of $6.24 trillion…

Tens of thousands of people are protesting across France against the nomination of right-wing Michel Barnier as the new prime minister, after an inconclusive election in which the left won the largest number of seats.Demonstrations are underway in cities including Paris, Marseille, Nantes, Nice and Starsbourg. The protests were called by trade unions and left-wing political parties, who are furious that their own candidate for prime minister was rejected by President Emmanuel Macron.Mr Barnier, the EU’s former Brexit negotiator, said he is open to forming a government with politicians across the political spectrum, including the left.Jean-Luc Mélenchon, a veteran firebrand…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! With fall around the corner, it’s the perfect time to stock up on the most quintessential footwear of the season: boots! This year, I’m shopping smart and only opting for styles that prioritize comfort and durability — nobody has time for aches or blisters! According to thousands of shoppers Amazon, the following 12 trusty boots don’t skimp on style or comfortability. Get ready to stomp around all autumn long in these ultra-comfortable boots. There’s something to match everyone’s unique style!…

Clark Halstead, a two-time brokerage founder, died on Aug. 22 at the age of 83. The industry veteran co-founded the Manhattan division of Sotheby’s International Realty with Edward Lee Cave in 1976. Eight years later, he co-founded Halstead Property with Diane Ramirez, who was president, CEO and chairman of the brokerage. “Clark was the ultimate real estate professional — someone I idolized, and I know a number of other people saw in the same light,” Chris Halstead, executive sales director for Brown Harris Stevens Connecticut and Clark’s nephew, told Inman in an email. “He was incredibly knowledgeable and always willing…

Pavel Durov is the founder and owner of messaging app Telegram. Telegram cofounder Pavel Durov, center, smiles after a meeting with Indonesian officials in Jakarta in 2017. Tatan Syuflana/AP Durov, who was born in St. Petersburg in Soviet Russia, is worth $15.5 billion, according to Forbes.The tech entrepreneur cofounded encrypted-messaging service Telegram with his brother Nikolai in 2013. The brothers were born into a family of intellectuals, according the Digital-Life-Design Conference website. Durov spoke at the conference in January 2012.Much of Durov’s wealth comes from Telegram, which has 950 million active users and is valued at over $30 billion. Before…

Gildardo Lopez Astudillo’s arrest comes weeks before the 10th anniversary of the students’ disappearance.Authorities in Mexico say they have arrested an alleged cartel chief linked to the decade-old disappearance of dozens of students. Gildardo Lopez Astudillo, the suspected cartel leader, was detained on charges of “organised crime” and taken to the Altiplano maximum security prison in south-central Mexico, Reuters news agency reported, citing a federal security source. This is the second time Lopez Astudillo, known as “El Gil”, has been jailed since the cartel he allegedly leads was accused of orchestrating the disappearance and suspected murder in 2014 of 43…

MARYLAND HEIGHTS, MO (CelebrityAccess) — Oak View Group announced an expanded partnership with the City of Maryland Heights to manage the Centene Community Ice Center. The new five-year contract will see OVG take on exclusive rights to manage all food and beverage operations at the Center, including the option to subcontract these services. Additionally, Oak View Group will oversee financial operations at the facility, providing regular reporting to the City. The revised management contract comes as the City seeks to enhance revenue generation and financial stability for the ice center,. The Ice Center…

They’ve been fighting since 2020, and now NAR plans to take the Department of Justice to the nation’s highest court to enforce a previous settlement. 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. Each week on The Download, Inman’s Christy Murdock takes a deeper look at the top-read stories of the week to give you what you’ll need to meet…

A Forward Air Corportation truck.Courtesy: Business WireCompany: Forward Air (FWRD)Business: Forward Air is an asset-light provider of transportation services. These transportation services include less-than-truckload (LTL), truckload and intermodal drayage services and freight brokerage and supply chain services across North America, Europe and Asia. Its segments include Expedited Freight, Intermodal and Omni Logistics.Stock Market Value: $884.7M ($31.94 per share)Stock Chart IconStock chart iconForward Air’s performance in 2024Activist: Ancora AdvisorsPercentage Ownership: approximately 4%Average Cost: n/aActivist Commentary: Ancora is primarily a family wealth investment advisory firm and fund manager with $9.5 billion in assets under management. The firm has an alternative asset management division…