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Urban sprawl is a phrase we most often associate with bad commutes and damage to local ecosystems, however now experts say it also mirrors the growth of cancer. And it all has to do with the invention of better transportation systems. Veuer’s Tony Spitz has the details.
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Investors have adjusted their expectations for Federal Reserve interest rate cuts to only two in 2024, down from the previously anticipated seven cuts. However, Wall Street strategists maintain that the resilience of the stock market suggests that these revised expectations for Fed policy will not hinder the ongoing rally in stocks. Strategists say the most important part of the Fed discussion remains that easing is still in the pipeline. Limited signs of high interest rates slowing corporate earnings or US economic growth have encouraged bulls. Consensus estimates are for earnings growth to pick up throughout 2024.
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Former President Donald Trump criticized Biden's handling of inflation, saying it has \
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Jim Cramer, CNBC’s market commentator, recently shared his insights on Tuesday’s market activity. He believes that stocks like NVIDIA and Eli Lilly, which experienced a dip, still hold growth potential.
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Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things inclu­ding autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut servi­ces or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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US Airlines , Accuse China of , 'Harmful Anti-Competitive Policies'.<br/>CNN reports that the United States aviation industry <br/>has urged the Biden administration to pause the <br/>approval of more flights to and from China.<br/>CNN reports that the United States aviation industry <br/>has urged the Biden administration to pause the <br/>approval of more flights to and from China.<br/>According to an open letter, China's<br/>“existing harmful anti-competitive policies” <br/>are affecting U.S. airlines and workers.<br/>The competitive disadvantage <br/>is harmful to the approximately <br/>315,000 workers employed <br/>by U.S. passenger airlines <br/>that serve China, Airlines for America open letter, via CNN.<br/>The letter, addressing Secretary of State Antony Blinken <br/>and Transportation Secretary Pete Buttigieg, was <br/>signed by Airlines for America, an industry lobby group.<br/>The letter, addressing Secretary of State Antony Blinken <br/>and Transportation Secretary Pete Buttigieg, was <br/>signed by Airlines for America, an industry lobby group.<br/>Members of the group include American Airlines, <br/>Delta and United, along with other unions <br/>representing aviation workers.<br/>Members of the group include American Airlines, <br/>Delta and United, along with other unions <br/>representing aviation workers.<br/>Members of the group include American Airlines, <br/>Delta and United, along with other unions <br/>representing aviation workers.<br/>If the growth of the Chinese aviation <br/>market is allowed to continue unchecked <br/>and without concern for equality of access <br/>in the market, flights will continue to be <br/>relinquished to Chinese carriers at the <br/>expense of U.S. workers and businesses, Airlines for America open letter, via CNN.<br/>CNN reports that the Biden administration said in February <br/>that it would allow Chinese airlines to increase the <br/>number of direct passenger flights to the United States.<br/>At the time, U.S. officials granted Chinese carriers <br/>approval to make 50 weekly round-trip flights, <br/>increased from 35 amid the COVID-19 pandemic.<br/>Prior to the pandemic, <br/>over 150 weekly <br/>flights were allowed. .<br/>China's Foreign Ministry defended the increased number <br/>of flights, citing a \
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Former US Under Secretary of State for Economic Growth, Energy, and the Environment Robert Hormats speaks to CGTN Europe about the complexities of the US-China economic relations as the US Secretary of the Treasury Janet Yellen's visit to China concludes.
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#ISPR #Bahawalnagar #punjabpolice #pakarmy #headlines <br/><br/>Justice Ishtiaq Ibrahim appointed acting CJ in PHC<br/><br/>Good news for power consumers on Eid-ul-Fitr<br/><br/>Palestinians offer Eidul Fitr prayers at Al-Aqsa Mosque<br/><br/>Sindh to form task force to combat drug dealers<br/><br/>ADB predicts 1.9pc growth for Pakistan’s economy this fiscal year<br/><br/>Pakistan seeking potential follow-up loan programme: IMF chief<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
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Morgan Stanley analyst Adam Jonas believes Tesla's planned low-cost Model 2 car is critical to its growth targets, estimated to be over 40% of incremental volumes by 2030. A report from Reuters said Tesla has scrapped plans for the affordable Model 2 to focus on robotaxis. CEO Elon Musk denied the reports but confirmed an unveiling event for Tesla's Robotaxi on August 8th. Jonas estimates the Model 2 could account for 36% of Tesla's unit volumes, 23% of auto revenues, and 17% of total revenues by 2030. Scrapping Model 2 plans raises questions if China has too many affordable EV options already or if a Model 2 wouldn't be a major growth driver.
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You can argue for the British, Persians, Romans, Mongols or pretty much any empire you want.
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