Inflation accelerates | Lendlease sells US construction business

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In today’s news, meet the 11 new and returning faces on the Rich List; inflation picks up, defying analysts’ forecasts; and Lendlease sells its US construction business.A temporary pier that the US military constructed and put in place to provide much-needed humanitarian aid for the Gaza Strip has broken apart. Follow updates live.Two cryptocurrency giants, an under-the-radar mattress mogul, a former mechanic and an ex-NRL player are among 17 new and returning faces on this year’s Rich List.

The actor’s commentary about Donald Trump’s guilt, which the New York jury may decide this week, was a stark departure from Joe Biden’s directive to avoid discussing the case.If Claudia Sheinbaum wins the presidential election on Sunday, she will be the country’s first female, and first Jewish, president.The traditional 60/40 portfolio has rallied off its deathbed thanks to surging stocks and bond yields. But Goldman Sachs says what comes next might look very different.

 

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LLC ASX: Lendlease sells US construction business days after strategy resetThe development giant had on Monday outlined plans to progressively offload its international construction and property assets as investor unrest mounted.
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