Economists See Lower Recession Risk and Stronger Job Growth: WSJ Survey
Economists expect stronger growth and job creation, lower risk of recession and cooler inflation than they did three months ago, according to The Wall Street Journal's quarterly survey of professional forecasters.
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Inside the Courtland Sutton deal
The Broncos have been securing their key players to long-term contracts. One such player to get a new deal was receiver Courtland Sutton. Due to make $14 million in 2025, Sutton recently signed a four-year, $92 million extension. That's a new-money average of $23 million per year. Here's the full breakdown of the contract, per a source with knowledge of the terms: 1. Signing bonus: $18.5 million. 2. 2025 base salary: $4 million, fully guaranteed. 3. 2026 option bonus: $12 million, fully guaranteed. 4. 2026 base salary: $4.735 million, fully guaranteed. 5. 2026 per-game roster bonus: $765,000 total, fully guaranteed but must be earned. 6. 2027 base salary: $19.235 million, $1 million of which is guaranteed for injury and becomes fully guaranteed on the fifth day of the 2027 league year. 8. 2027 per-game roster bonus: $765,000 total. 9. 2028 base salary: $20.735 million. 10. 2028 per-game roster bonus: $765,000 total. 11. 2029 base salary: $23.375 million. 12. 2029 per-game roster bonus: $765,000 total. The deal has $40 million fully guaranteed at signing. The other $1 million in injury guarantees vests in 2027. It's clearly a second-tier deal. Good but not among the highest-paid of all receivers. With Bengals receiver Ja'Marr Chase now north of $40 million, Sutton is at $23 million in new-money APY. From signing, the five-year deal has an annual average of $21.2 million.
Yahoo
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Taiwan Collaborates with USA to Promote Wellness through ‘Go Healthy with Taiwan 2025'
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Bloomberg
28 minutes ago
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Australia's Household Spending Misses Estimates as Services Drop
Australia's household spending came in weaker than expected in June as consumers scaled back outlays on services. Sales advanced 0.5% from May, when they climbed an upwardly revised 1%, and compared with a forecast 0.8% gain, Australian Bureau of Statistics figures showed on Tuesday. From a year earlier, spending climbed 4.8%, just shy of economists' estimate of 4.9%.