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Wednesday, 18 June 2025

Canada cools on American real estate

07:14

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Also: A DEI backlash against LGBTQ+ execs ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Jun 18 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Belligerent rhetoric from the White House and combative trade negotiations are denting Canadian interest in owning American property, just as the housing market south of their shared border is starting to cool.

Canadians made up the biggest share of foreign buyers of U.S. residential real estate in 2024. But now, their interest seems to be waning.

Being openly gay, trans or nonbinary at work just got tougher

Five years ago, a technology executive landed a seat on the board of directors of a big corporation. As a person of color who identifies as nonbinary, they were thrilled: Their new company not only embraced their professional credentials, it touted their gender identity, as well.

But with attacks on diversity, equity and inclusion spiking as a polarized nation hurtled toward the 2024 election, corporations retreated from public expressions of support for gay, transgender and nonbinary rights. Suddenly, their company did not seem so proud.

After years of civil rights advances and hard-fought wins in the workplace, being openly gay, trans or nonbinary in corporate America just got tougher – especially at the top .

Juneteenth faces a DEI backlash

As protests against racial injustice gripped the nation in 2020, major corporations rushed to observe Juneteenth and give their employees the day off. 

Five years later, they are still commemorating the holiday, but not with the same fanfare.

📰 More stories you shouldn't miss 📰

Will the Fed cut interest rates?
Expert estate planning tips
JetBlue to reduce flights
Which states have the safest drivers?
The downsides of a Roth 401(k)

About The Daily Money

Each weekday, The Daily Money  delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

Marcello Asaro waves a U.S./Canadian flag along the St. Clair River on April 26, 2025.

There was a sharp decline in the share of Canadians buying U.S. homes in Q1 2025 as the Trump administration's trade disputes took hold.

A flag waves as people take part in the annual LGBTQ+ Capital Pride parade in Washington on June 8, 2024.
 

They were out and proud. Then came the DEI backlash.

Some fear anti-DEI fervor could drive openly gay, trans and nonbinary executives back into hiding. "It's dangerous to be who you are now."

The Philadelphia Union honor Juneteenth before the game against Charlotte FC at Subaru Park on June 14, 2025 in Chester, Pennsylvania.
 

DEI backlash has changed how companies observe Juneteenth

Top corporations rushed to observe Juneteenth in 2020. Today they are still commemorating the federal holiday but not with the same fanfare.

.
 

Will the Fed cut rates? Not likely, but here's when they might.

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

Singer Jimmy Buffett performs during NBC's 'Today' show Summer Concert Series in New York City, U.S., July 29, 2016. REUTERS/Brendan McDermid
 

Estate planning is tricky. Tips to keep things from getting messy.

The great wealth transfer's underway, but even the rich and savvy find the best laid plans go awry. Lessons to learn and best tips to avoid problems.

JetBlue logo is seen on an Airbus A321LR at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023.
 

JetBlue to reduce flights, cut costs in response to weak travel demand

The carrier will also reassess the size and scope of its leadership team, CEO Joanna Geraghty said in a memo.

Traffic around Greenville's (SC) Woodruff Road area.
 

What states have the best (and worst) drivers?

A new Allstate report analyzes collision data to find the country's safest and riskiest cities for drivers.

A brown Toyota Sequoia SUV.
 

Is buying a 20-year-old car a bad idea? How to estimate a vehicle's lifespan

How do you determine if a car is too old to buy? Here's what a study says about vehicle longevity and how to calculate a car's lifespan on average.

A person at a laptop.
 

Roth 401(k) pitfalls: The 3 downsides you need to reconsider

Roth 401(k)s offer a number of benefits, including tax-free gains and withdrawals. But before you get your mind set on one, consider these downsides.

USA TODAY
 

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