World champion Nigel Mansell auctions F1 collection after wife suffers major health complications from covid vaccine booster

World champion decided to sell his collection after his wife was taken ill and needed major surgery following a covid booster vaccine Nigel Mansell, the 1992 Formula One world champion, has raised more than £82,000 for charity after auctioning off a lifetime of memorabilia, including a signed replica helmet from his title-winning season and a …

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Treasury auctions this week: 2, 5, and 7-year debt sales under market scrutiny amid inflation risks

The U.S. Treasury is set to auction 2-year, 5-year, and 7-year notes this week, drawing close attention from investors. Recent auctions have produced mixed results, with some maturities struggling to attract strong demand. This round of debt sales will signal whether investor confidence is holding steady or showing signs of strain. The previous 7-year auction …

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UBS auctions Midtown Manhattan office at $8 per SF, highlighting NYC real estate struggles

It’s quite an unusual move! Swiss bank UBS, along with its brokers at JLL, has listed a nearly 1 million-square-foot Midtown office building at 135 West 50th Street for sale on the online auction platform Ten-X. Here are the key details: Building: The 920,000-square-foot property is a Class A building constructed in the 1960s. Ownership: UBS owns …

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US wage growth lags behind inflation, worsening affordability crisis for Americans. More people are turning to distressed property auctions to purchase a home.

Despite modest wage growth, the gap between income and the cost of living continues to widen in the US, making essentials like homeownership increasingly out of reach for many. As a result, more individuals are turning to innovative solutions like online property auctions to navigate the challenging market landscape. Affordability in the US is getting …

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The US debt must be refinanced at 5% interest rates in less than two years, up from 0% just 15 months ago. Treasury Department auctions $15 billion worth of one-day cash management bills.

The US will need to refinance almost half of its national debt in less than 2 years. Let's not forget that interest rates were at 0% just 15 months ago. Wait until these debt instruments need to be rolled over at 5% rates. One thing is true: None of us own enough hard… pic.twitter.com/qR7HVVBV1e — …

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