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Top Headlines
Tourists Boycott USA
Foreign visitors to America dropped 6% in recent weeks as overseas travelers swap U.S. vacation plans for Europe and domestic trips, citing Trump administration policies and immigration concerns. Canadian arrivals fell hardest with air travel down 20% and land crossings plummeting 35% in April, while European flight bookings through August declined 12% with cities like San Francisco and Los Angeles seeing even steeper drops.
The pullback reflects political boycotts echoing broader anti-American sentiment, as travelers from Canada to Germany cancel plans worth thousands in spending. Canadians historically make up around a quarter of U.S. international arrivals, making their absence particularly damaging to border regions where 70% of summer visitors typically come from north of the border (what this means for travel hubs).
Tourism Economics revised its 2025 forecast from a 16% rise in international visitor spending to a $8.5 billion decline, hitting small businesses hardest since they lack resources to absorb demand swings. While foreign tourism represents just a sliver of overall GDP, concentrated impacts threaten beach towns, border communities, and tourist hubs that depend on international spending patterns. Hotels report 30% drops in international bookings as travelers redirect (tourism stats from 1995 to 2025).
Housing Market Flips
Homesellers now outnumber buyers by nearly 500,000 nationwide, marking the largest seller surplus on record and a dramatic reversal from February 2024 when the market was roughly balanced. Redfin data shows this represents the scarcest buyer pool since 2013, with the real estate brokerage predicting home prices will drop 1% by year-end as economic uncertainty and high mortgage rates dampen demand.
Florida dominates the buyer's market landscape, claiming 6 of the top 10 cities where sellers outnumber buyers roughly 3-to-1 in metros like Miami and West Palm Beach. The state's cooling reflects a homebuilding boom colliding with natural disaster concerns, skyrocketing insurance costs, and rising HOA fees that have particularly soured buyers on condos (insurance crisis details).
The power shift gives buyers negotiating leverage they haven't enjoyed in years, though many sellers resist accepting lower valuations in hope their property will fetch top dollar. Despite the rebalancing, homeownership remains elusive for millions as wages lag behind prices and affordable inventory below $260,000 stays critically short (J.P. Morgan’s affordability breakdown).
Taylor Takes Control
Taylor Swift acquired her master recordings from Shamrock Capital Advisors Friday, ending a six-year battle that began when Scooter Braun bought her original label Big Machine in 2019. The pop superstar gained control over the music, videos, and iconography of her first six albums through an undisclosed deal she described as a dream realized after decades of frustrated negotiations.
Swift's public crusade transformed industry norms around artist ownership, with her "Taylor's Version" rerecordings outstreaming originals 3-to-1 and inspiring emerging artists to negotiate master ownership upfront. The strategy proved financially powerful—her 2023 rerecording of "1989" outsold the 2014 original in its first week, while the $2 billion Eras Tour created leverage for the buyback (read about the tour's impact).
The resolution caps a saga that brought music business mechanics into mainstream conversation, with Swift crediting fan support for making the acquisition possible. Her approach redefined relationships between artists and their work, proving that strategic rerecording combined with devoted fanbase mobilization can reclaim creative control even from major industry players. Other artists now routinely cite Swift's fight when negotiating ownership terms.
Live Better
The Success Gap
Why do some people choke while others excel? Entrepreneur Alex Hormozi identifies "The Success Gap" as the neurobiological collision between perceived readiness and actual performance demands, triggering cortisol release that degrades execution under pressure.
Hormozi explains: "There's this massive gap between what people think is required to get the outcome versus what is." He describes a portfolio company CEO who proudly reported creating 4 ads in a day, while Hormozi's team produced 40 or more, every 3 days. There’s a massive discrepancy between what is required and what they think will make them successful which creates anxiety.
This creates a deadly performance gap. When high-pressure moments arrive, your brain realizes you're unprepared, triggering anxiety that destroys execution. The solution isn't managing the anxiety. It's eliminating it through massive over-preparation. Hormozi advocates practicing until you're bored, going so far beyond "ready" that performance becomes automatic. When your preparation level towers over the actual demands, confidence isn't something you feel, it's something you know.
Study Better
Learn how to turn relentless curiosity into unstoppable success. Hollywood legend Tom Cruise, who transformed from a small-town kid with big dreams into one of cinema's most enduring stars, reveals how his obsessive study of every film department and refusal to accept limits built his extraordinary career. Full interview.
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