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Update from Rockwall ISD Board of Trustees Monthly Meeting of Monday, May 20, 2024

Update from Rockwall ISD Board of Trustees Monthly Meeting of Monday, May 20, 2024
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Grant Cardone Points Finger At Biden For Soaring Rent Prices Amid Wage Stagnation

American paychecks have increased since the pandemic, but the gains haven't kept pace with rising rent prices, and real estate magnate Grant Cardone blames President Joe Biden rather than inflation. Between 2019 and 2030, rents surged by 30% while wages rose by about 20%, Cardone wrote in a May 18 post on X. Despite the addition of 1.2 million new apartments nationwide — a 50-year high — rents have not declined. It is still cheaper to rent than to buy, with the monthly cost of owning a home near

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Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What s Driving Markets Tuesday?

It’s a rather quiet session on Tuesday, with major U.S. averages trading around the flatline at midday trading in New York. Traders remained on the sidelines ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting minutes and Nvidia Corp. (NASDAQ:NVDA) earnings report. Tuesday saw Federal Reserve officials making public statements with mixed messages. Atlanta Fed President Raphael Bostic said he expects inflation to decline but at a slow pace, and he does not foresee a rate cut before

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Chinese EV Maker Li Auto Misses Q1 Revenue Expectations Despite Surging Vehicle Sales, Stock Tanks

Li Auto Inc (NASDAQ:LI) reported fiscal first-quarter 2024 revenue growth of 36.4% year-on-year to $3.55 billion, missing the analyst consensus estimate of $3.84 billion. Adjusted net earnings per ADS was $0.17 missed the analyst consensus estimate of $0.35. The stock price dropped after the results. Vehicle sales increased 32.3% to $3.4 billion, mainly attributable to the increase in vehicle deliveries. Total vehicle deliveries were 80,400 units in the quarter, an 52.9% Y/Y increase. Also Read:

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Can You Guess What Percentage Of A High Net Worth Individual s Portfolio Is Invested In Real Estate?

High-net-worth individuals, or HNWIs, are those with $1 million or more in liquid assets. This group significantly impacts not just managing their wealth but also shaping broader economic trends. They’re often ahead of the curve in spotting and setting new investment patterns. When it comes to investing, HNWIs like to spread their investments across various asset classes, but they’re particularly big on real estate. They allocate about 32% of their wealth to residential properties and 21% to com

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