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Exploring the impact of UK elections on the economy, Supreme Court's Chevron ruling effect on retirement planning, latest jobs report insights, California's new housing law allowing ADUs to be sold as condos, and the significance of personal savings for a secure retirement amidst Social Security challenges.
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Quick takeaways
- The UK's left-wing Labour Party victory may impact economic policies, inflation, and interest rates globally.
- The Supreme Court's Chevron ruling could lead to increased litigation challenging agency actions, affecting Social Security and prompting judicial oversight.
Deep dives
UK's New Prime Minister Impact on Economy
The UK saw a landslide victory for the left-wing Labour Party, ushering in Keir Starmer as the new Prime Minister after 14 years of conservative rule. This signals a shift in leadership that could influence economic policies and decisions in the UK, which is the sixth largest economy globally. Observers are closely watching how the UK handles its inflation rate and the potential impact on inflation and interest rates in the US.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode