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Gold heads for weekly drop as Gulf attacks reinforce rate-hike bets

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Gold heads for weekly drop as Gulf attacks reinforce rate-hike bets
Gold steadied early on Friday as markets assessed risks of inflation stemming from the recent U.S.-Iran military escalation in the Middle East, with renewed rate-hike expectations putting the non-yielding metal on course for a weekly decline.

FUNDAMENTALS

Spot gold held its ground at $4,122.09 per ounce, as of 0047 GMT, and was headed for an over 1% weekly fall. U.S. gold futures for August ‌delivery were ⁠down 0.2% ⁠at $4,131.50.

Iranian armed forces launched attacks on U.S. military infrastructure in Gulf states on Thursday following U.S. strikes on Iran’s southern coastal and eastern provinces, further eroding a three-week-old ceasefire.

The latest round of strikes has fuelled inflation concerns and reinforced the probability of the U.S. Federal Reserve raising interest rates this year. Markets are pricing in a 64% chance of a September rake hike from around 54% a ⁠week before, according ‌to CME’s FedWatch tool.

Minutes from the Fed’s June meeting, released earlier this week, showed growing concerns among policymakers about elevated inflation, with ⁠a few participants seeing a case for raising interest rates.

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New York Fed President John Williams said on Thursday he did not expect energy prices to rise persistently for the rest of the year despite renewed hostilities in the Middle East.
The number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained stable despite a slowdown in job growth in June.
HSBC cut its average gold ‌price forecasts for 2026 and 2027 on Thursday, citing a hawkish shift in U.S. monetary policy expectations and a stronger dollar.
The National Bank of Poland (NBP) has 632.4 tons ⁠of gold reserves worth about 308 billion zlotys ($81.68 billion), NBP Governor Adam Glapinski said on Thursday.

Fortuna Mining expects to receive the final permit for its Diamba Sud gold project in Senegal within weeks, its chief executive told Reuters.

Elsewhere, spot silver eased 0.1% to $59.94 per ounce, platinum gained 0.2% to $1,614.22 and palladium added 0.4% to $1,252.75. All three metals were on track for a weekly loss.

DATA/EVENTS (GMT)

0300 China Overall Comprehensive Risk Q3

0300 Japan Overall Comprehensive Risk Q3

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0600 Germany HICP Final YY June

0645 France CPI (EU Norm) Final MM, YY June

0645 France CPI YY, MM NSA June

0800 China Total Social Financing June

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0800 China M2 Money Supply YY June

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Hull drivers urged to shop around amid 11p fuel gap

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Wayne Parsons is a muscled and bald middle aged man with blue eyes and sunglasses on his head. He's wearing an immaculately laundered beige T-shirt and is standing beside his ultramarine car at a petrol station.

Drivers are missing out on savings because many are not using fuel price comparison tools, according to the RAC.

A BBC snapshot of petrol prices in Hull on Tuesday found a difference of more than 11p a litre between forecourts less than three miles apart. Filling a 50-litre tank cost £78.45 at one garage and £72.80 at another – a saving of £5.65.

Simon Williams, the RAC’s head of policy, said drivers should make greater use of the government’s Fuel Finder service and other comparison apps “to save money”.

But taxi driver Wayne Parsons, who travels 200 miles a day, said even the cheaper prices remained too high and “it cripples you”.

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Parsons was filling up at a Gulf station at Northpoint Shopping Centre, Bransholme, which he said was one of the cheapest in the area.

The unleaded fuel there was priced at 146.7p per litre on Tuesday, more than 5p cheaper than at another station a mile away.

“It’s still too high, still far too high, especially when you need it for your living,” he said.

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Landing High Yields and Tax Benefits in an Overlooked Corner of Income

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Landing High Yields and Tax Benefits in an Overlooked Corner of Income

Landing High Yields and Tax Benefits in an Overlooked Corner of Income

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Full Bracket, Schedule and Results as France Faces Morocco Thursday

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France forward Kylian Mbappe scored a cracker on Wednesday

The 2026 World Cup’s quarterfinal round is officially underway, with all four matchups now confirmed following a dramatic conclusion to the Round of 16, and the tournament’s first quarterfinal, France against Morocco, kicking off Thursday at Boston Stadium.

The Round of 16 wrapped up Tuesday with two thrillers that produced the field’s final two quarterfinalists. Defending champion Argentina overturned a two-goal deficit to defeat Egypt 3-2 at Mercedes-Benz Stadium in Atlanta, scoring three unanswered goals from the 79th minute onward. Cristian Romero pulled Argentina back into the match, Lionel Messi equalized to extend his own World Cup scoring record, and Enzo Fernandez completed the comeback with a header in the 92nd minute, sending Argentina through to the quarterfinals despite Egypt having taken a 2-0 lead earlier in the match.

The same evening in Vancouver, Switzerland outlasted Colombia in a penalty shootout after 120 scoreless minutes at BC Place. Colombia had the better of the underlying chances, finishing with a superior expected-goals total of 1.03 to 0.35 and hitting the crossbar in extra time, but Switzerland converted four of five attempts in the shootout, with Ruben Vargas striking the decisive penalty for a 4-3 shootout win. The result marked more penalty heartbreak for Colombia, which was also eliminated on penalties by England in the Round of 16 back in 2018.

With those two results finalized, the tournament’s complete quarterfinal bracket is now set:

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Morocco vs. France — Thursday, July 9, Boston Stadium, 4 p.m. ET

Spain vs. Belgium — Friday, July 10, Los Angeles Stadium

Argentina vs. Switzerland — Saturday, July 11, Kansas City

Norway vs. England — Saturday, July 11, Miami

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Thursday’s opening quarterfinal pits France, one of the tournament’s clear favorites, against Morocco, the last remaining African team in the competition. France enters unbeaten through six matches and has scored 17 goals along the way, capped by a 1-0 win over Paraguay in the Round of 16 on a Kylian Mbappe penalty. Morocco reached this stage by eliminating co-host Canada 3-0 in the Round of 32, extending the Atlas Lions’ bid to build on their historic run to the semifinals at the 2022 World Cup in Qatar, still the best finish in the country’s history.

Thursday’s meeting marks the seventh all-time encounter between the two nations and the second at this stage of a World Cup specifically. France holds a 4-1 edge in the head-to-head series, with the most significant and recent meeting coming in the semifinals of the 2022 tournament, a match France won 2-0 en route to the final. Ahead of Thursday’s rematch, France head coach Didier Deschamps downplayed the appointment of Argentine officials to oversee the match, dismissing any suggestion that the officiating assignment carried added significance for the contest. Morocco, meanwhile, is expected to be without star forward Ismael Saibari, who has been managing a hamstring issue heading into the quarterfinal.

Friday’s quarterfinal in Los Angeles pits Spain against Belgium, a matchup that follows two contrasting Round of 16 results. Spain advanced with a dramatic, stoppage-time 1-0 win over Portugal, a result that also marked the conclusion of Cristiano Ronaldo’s storied World Cup career, as the 41-year-old had confirmed before the match that it would be his final tournament appearance. Belgium reached the quarterfinals with a commanding 4-1 win over co-host United States, a result that ended the Americans’ tournament in the Round of 16 for a fourth consecutive World Cup and came despite a late controversy surrounding forward Folarin Balogun’s overturned red card suspension. The U.S. exit was compounded further this week by news that forward Christian Pulisic sustained a bone bruise and microfracture in his lower leg during the tournament, an injury that will sideline the AC Milan attacker for several weeks.

Saturday’s two remaining quarterfinals will be played simultaneously in different cities. In Kansas City, defending champion Argentina faces Switzerland, with Lionel Messi looking to continue what is widely expected to be his final World Cup campaign following Tuesday’s dramatic comeback win over Egypt. In Miami, Norway takes on England in a matchup pairing two of the tournament’s most dangerous attacking players, Erling Haaland and Harry Kane, both of whom sit near the top of this year’s Golden Boot standings alongside Messi and Mbappe. Norway advanced to this stage with a stunning 2-1 upset over five-time champion Brazil in the Round of 16, while England survived a chaotic 3-2 win over co-host Mexico that featured two red cards and two penalties.

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With the quarterfinal bracket now fully set, the tournament’s path to the final has become considerably clearer. The winners of the Morocco-France and Spain-Belgium quarterfinals will meet in one semifinal, while the winners of the Argentina-Switzerland and Norway-England quarterfinals will meet in the other, setting up the eventual matchup for the championship match later this month.

This year’s tournament remains the first World Cup jointly hosted by three nations, the United States, Canada and Mexico, and the first to feature an expanded 48-team format, producing a total of 104 matches across 16 host cities. With all three co-host nations now eliminated from the competition, following Canada’s loss to Morocco, Mexico’s defeat to England, and the United States’ elimination by Belgium, the remainder of the tournament will be contested entirely among non-host nations for the first time since the knockout rounds began.

The semifinal round is scheduled to follow the conclusion of the quarterfinals later this month, with the tournament’s final set for July 19. As Thursday’s opening quarterfinal kicks off in Boston, attention across the sport now turns to whether France’s dominant tournament form will continue against a Morocco side that has already proven capable of producing historic upsets against elite European opposition, setting the tone for what promises to be a closely contested final stretch of matches before the World Cup crowns its eventual champion later this month.

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Micron Shares Surge Past $1,000 After $250 Billion US Expansion Plan and Bullish Analyst Upgrades Today

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Tesla CEO Elon Musk has a new title: Technoking

Shares of Micron Technology jumped Thursday, trading at $1,021.04, up $72.24, or 7.61 percent, reclaiming the $1,000 level after the memory chipmaker announced a major expansion of its U.S. manufacturing investment plans and drew a fresh round of bullish price target increases from Wall Street analysts.

Note: This article is intended to provide factual context and does not constitute financial advice. Readers should consult a licensed financial advisor before making investment decisions.

The rally follows a difficult stretch for Micron shares, which had pulled back more than 10 to 23 percent from their all-time high of $1,254.80, reached June 25, amid a broader selloff in memory chip stocks earlier this week tied to a disappointing market reaction to Samsung Electronics’ record quarterly earnings. Thursday’s rebound helped Micron recover a significant portion of those losses in a single session.

According to CNBC, Micron announced a new round of strategic investments Thursday aimed at strengthening the U.S. semiconductor supply chain, including up to $3 billion in near-term commitments, part of a broader plan to accelerate the company’s domestic spending through 2035 to a total exceeding $250 billion. The near-term investment includes $500 million earmarked for Taiwanese-headquartered GlobalWafers to expand its wafer development and manufacturing operations in Texas, paired with a 10-year supply agreement for raw silicon wafer capacity. The announcement helped lift other names across the chip-equipment space as well, with Applied Materials, KLA Corp, ARM Holdings and Lam Research each posting strong gains during Thursday’s session.

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The expansion news landed alongside a wave of increasingly bullish analyst commentary on Micron’s stock. According to Watcher.Guru, Bernstein raised its price target on Micron to $1,300, Bank of America lifted its target to $1,550, and Cantor Fitzgerald raised its own target to $2,000, implying more than 100 percent upside from recent trading levels. Separately, according to TradingKey, Bank of America and Evercore ISI both reiterated bullish stances on the stock this week, citing long-term valuation recovery potential tied to Micron’s growing exposure to cloud computing and AI infrastructure spending.

Micron’s rally comes just two weeks after the company reported blockbuster fiscal third-quarter results. Revenue for the quarter reached $41.46 billion, up 346 percent year over year and more than quadrupling from $9.3 billion in the same period a year earlier, easily surpassing analyst expectations of roughly $36 billion, according to LSEG consensus estimates cited by CNBC. The company posted GAAP net income of $28.24 billion, with non-GAAP earnings reaching $28.86 billion, driven largely by surging demand for high-bandwidth memory used in AI data center infrastructure. DRAM remained Micron’s largest revenue driver, accounting for roughly three-quarters of total sales at $31.3 billion, while NAND flash revenue rose to $9.9 billion on stronger enterprise and high-performance solid-state drive demand.

Micron’s forward guidance has continued to support investor optimism. According to FX Leaders, company management is projecting fiscal fourth-quarter revenue of approximately $50 billion, with gross margin expected to hold around 86 percent and earnings per share projected near $31. Micron has also disclosed that its high-bandwidth memory production capacity is effectively sold out through 2027, with customers already booking capacity into 2028, and the company has secured $22 billion in long-term AI supply agreements to date.

Capital.com senior market analyst Daniela Hathorn noted following Micron’s blowout June earnings report that the results had helped restore broader confidence in the durability of AI-related infrastructure spending. “U.S. equities have recovered some ground as Micron’s earnings have provided fresh reassurance that the AI investment cycle remains firmly intact,” Hathorn said, adding that robust demand for memory from data centers and AI infrastructure customers “has helped lift sentiment across the semiconductor sector after recent weakness in high-growth names, suggesting investors remain willing to look through short-term volatility as long as the earnings outlook continues to justify elevated valuations.”

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Despite the bullish sentiment surrounding the stock, some risk factors continue to warrant investor attention. According to TradingKey, Micron, along with Samsung and SK Hynix, is facing a newly filed class-action antitrust lawsuit alleging price-fixing in the commodity DRAM market, a legal matter that introduces regulatory risk and potential litigation costs going forward. The company’s accelerated $250 billion domestic investment target through 2035, combined with its immediate $3 billion supply-chain financing commitment, also significantly raises Micron’s long-term capital expenditure burden, a factor that could pressure margins if future AI and data center memory demand fails to scale in line with the newly built manufacturing capacity. SEC filings reviewed by TradingKey also show substantial recent insider selling at Micron, including more than $169.8 million in total insider sales over the trailing three months, led by chief executive Sanjay Mehrotra, a pattern some analysts view as worth monitoring even amid otherwise strong operational momentum.

Valuation metrics on the stock have drawn mixed assessments from different research providers. According to GuruFocus, Micron’s GF Value estimate of $500.31 suggested the stock was trading nearly 90 percent above its calculated fair value as of Wednesday’s close around $948.80, even as the firm assigned the company a strong overall financial strength score of 9 out of 10. Other analysts have taken a considerably more bullish view of the stock’s fair value, with some price targets reaching as high as $2,000, reflecting the wide range of opinions currently circulating about how much further Micron’s AI-driven rally can extend.

Micron’s gains Thursday also occurred despite continued geopolitical uncertainty tied to renewed tensions between the United States and Iran, which have weighed on broader market sentiment and pushed oil prices higher in recent sessions. According to Watcher.Guru, Micron’s ability to post strong premarket gains even amid that broader risk-off backdrop was attributed largely to the combination of its expanded domestic investment announcement and the fresh wave of bullish analyst price target revisions issued in the days leading up to Thursday’s session.

With Micron’s stock now up more than 230 percent for the year and roughly 650 percent over the trailing 12 months, according to GuruFocus, investors are likely to continue closely monitoring the balance between the company’s exceptionally strong underlying demand fundamentals and questions about whether current valuations, and the scale of its newly announced capital spending commitments, are fully justified by the pace of AI-driven memory demand growth heading into the second half of 2026.

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China awards two village boys, one studied by lamplight to power a third of world’s EVs, the other cracked English in two months to give fighter jets x-ray vision

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China awards two village boys, one studied by lamplight to power a third of world's EVs, the other cracked English in two months to give fighter jets x-ray vision
A scientist who spent his childhood without electricity and a farm boy who taught himself English in two months have won China‘s highest science honour, as per Chinese media reports. President Xi Jinping handed Chen Liquan and Ben De their State Pre-eminent Science and Technology Award for 2025 at a ceremony inside Beijing’s Great Hall of the People on Wednesday. Chen built the country’s first lithium battery. Ben gave Chinese fighter jets the radar vision to spot enemy aircraft from far beyond the pilot’s own eyesight.

The double honour lands at a moment when Beijing wants to be self-sufficient in both everyday technology and defence hardware. Xi used the ceremony to tell scientists that the country’s upcoming five-year plan will be a make-or-break window for turning China into a genuine tech powerhouse. One laureate spent his career powering electric cars. The other spent his powering fighter jets. Between them, they sum up exactly the kind of self-reliance Xi was talking about.

Light At The End Of The Exam Hall

Chen Liquan was born in 1940 in a hilly corner of Nanchong in Sichuan province, in a home lit only by oil lamps. He didn’t see an electric bulb switched on until the day he sat his high-school entrance exam. That single moment stuck with him. He decided then that he wanted to spend his life working with power, so that light and convenience wouldn’t be a rare event for other children the way it had been for him.

He went on to study physics at the University of Science and Technology of China, graduating in 1964, and joined the Institute of Physics at the Chinese Academy of Sciences in Beijing.

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A Chance Conversation In Germany

The real turning point came in 1976, when Chen was sent to the Max Planck Institute in Germany as a visiting researcher. A German scientist mentioned to him, almost in passing, that a material called lithium nitride had unusual properties. As Chen later recalled him saying, “In the future, it could be used to make batteries and even cars.”
That line changed the direction of Chen’s career. China was, at the time, in the middle of an oil crisis that had exposed how dangerously dependent the country was on imported energy. Chen decided lithium batteries were the strategic bet worth making. He formally gave up his existing research into crystal materials and asked to switch fields entirely, into an area, solid-state ionics, that barely existed in China at the time.

Building A Battery Industry From Nothing

Chen returned to China in 1978 with no equipment, no trained staff and no local expertise to draw on. He and his team worked such long hours that they finished a project scheduled to take a year in just five months. Two years later, in 1980, he opened the country’s first solid-state ionics laboratory. Solid-state ionics and lithium battery research went on to feature in three separate five-year national research plans, a sign of how seriously the government eventually took the field he had opened up almost single-handedly.

By 1998, his team had built China’s first pilot production line for lithium-ion batteries using entirely home-grown technology, equipment and raw material, the breakthrough that let the country move from lab research to mass manufacturing. He was also the first scientist anywhere to propose a workable design for nano-silicon anode material, a component now produced at a scale of ten thousand tonnes a year. Several of the patents his team developed broke monopolies that foreign companies had held on key battery components.

Chen didn’t just build technology, he built an industry around it, pushing universities and companies to work together, a shift that helped battery giant CATL, now the world’s largest EV battery maker, get off the ground. By 2014, China had become the world’s biggest producer of lithium batteries. In 2023, a solid-state battery system his team had spent years developing went into mass-produced vehicles, making China the first country to put solid-state batteries on the road commercially.

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The Farm Boy Who Taught Himself English In Eight Weeks

Ben De’s story starts a long way from a physics lab. Born in 1938 to a farming family in Jilin province in China’s northeast, he was accepted into the electrical engineering department at Harbin Institute of Technology at just 19. After graduating, he was posted to a research institute in Nanjing that would go on to become the birthplace of China’s entire radar industry.

In the mid-1960s, with Cold War tensions running high, China badly needed its own long-range radar system to watch for incoming missiles. Ben joined the programme with nothing to work from, no textbooks, no prior Chinese research, nothing. So he taught himself English from scratch, purely so he could read foreign technical papers, and reportedly managed it in about two months.

The radar system he helped build, known by the code name 7010, was a genuinely massive undertaking, thousands of equipment Cabinets connected by more than a thousand kilometres of cable. Ben and a colleague made seven separate expeditions into remote mountain terrain to get it built, each trip lasting more than six months. When it was finished, China became only the third country in the world to master large-scale phased-array radar.

Giving Fighter Jets Their “Eyes”

His next challenge was even tougher: building a radar that could let Chinese fighter jets detect and track enemy aircraft flying below them, a capability that only a handful of countries had cracked by the 1980s. Starting in 1979, Ben ran more than a hundred research projects and worked through nearly a hundred separate technical roadblocks.

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As per Chinese mouthpiece Global Times, he also insisted on flying on every single test flight in person, to check the data himself. That decision nearly cost him his life twice, once during an engine failure, once during a landing-gear malfunction. Asked about it later, he brushed the danger aside: “I never thought about being afraid.” Once airborne, he said, all that mattered to him were the test readings.

In 1989, China’s first home-built airborne pulse-Doppler radar cleared its final evaluation, making the country one of only a few in the world with the technology. Chinese fighter pilots finally had what engineers liked to call “eagle eyes” — the ability to spot a target long before the target could spot them.

Both Are Still Working at 80

Neither scientist has slowed down. Ben was elected to the Chinese Academy of Engineering in 2001 and has since moved into space-based surveillance radar and microwave photonics, areas he continues to guide younger researchers through. Chen, now 86, remains focused on pushing solid-state battery technology further, still chasing the same problem that first caught his attention in a German lab nearly fifty years ago, how to store more power, more safely, in something small enough to fit in your hand.

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Information Services Group, Inc. (III) Discusses Technology Industry Trends, AI Investment Surge and Hyperscaler Growth – Slideshow

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Information Services Group, Inc. (III) Discusses Technology Industry Trends, AI Investment Surge and Hyperscaler Growth – Slideshow

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Blake Osgood Built a Career by Reading the Land

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Blake Osgood Built a Career by Reading the Land

Blake Osgood did not take a straight road into land restoration. His path moved through small towns, military communities, emergency medical services, project management, defense contracting, and ranching. Each step gave him a different way to look at work, risk, planning, and responsibility.

Today, as the owner of Ozgood Land Restoration, Osgood brings those lessons back to the land. His business focuses on removing invasive plant species and restoring property to a healthier state. That may mean better pasture. It may mean improved wildlife habitat. It may mean giving a neglected piece of Ozark land a second life.

“I have always believed the land will tell you what it needs,” Osgood says. “You just have to slow down enough to see it.”

Who Is Blake Osgood?

Osgood was born in Presque Isle, Maine. His early life included time in Mainz, Germany, then Fort Drum, New York, before moving back to Maine. At age 13, he moved to West Plains, Missouri.

That move changed the direction of his life. The Ozarks became home.

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The region gave him more than a place to live. It shaped the way he saw nature, work, and community. Rolling hills, pastureland, hardwood forests, and open ground became part of his daily world.

“When I got to the Ozarks, something about it stayed with me,” he says. “This is the kind of place where you notice the seasons. You notice what grows, what changes, and what needs attention.”

How His Career Built His Leadership Style

Before starting Ozgood Land Restoration, Osgood built a career around projects and problem-solving.

From 2006 to 2013, he worked for Air Evac EMS as a Senior Project Manager. That role taught him how to manage moving parts, solve problems under pressure, and think ahead.

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He also earned his Executive MBA from Walden University in 2016.

Those experiences gave him a business background that is uncommon in land restoration. He understands planning, timelines, logistics, and accountability.

“In project management, you learn fast that small problems can become big problems if you ignore them,” Osgood says. “Land is the same way. One invasive plant can turn into a much bigger issue if you do not deal with it early.”

Why Blake Osgood Started Ozgood Land Restoration

The idea for Ozgood Land Restoration grew from Osgood’s life as a rancher.

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He raises cattle, sheep, chickens, and goats. That means he spends a lot of time watching the land closely. He sees how pasture health affects livestock. He sees how invasive plants spread. He sees how quickly good ground can become hard to use when it is not managed.

For Osgood, restoration is not just about clearing brush. It is about bringing land back into balance.

“Anyone can knock down brush,” he says. “The real question is what happens after that. Is the land healthier? Can native plants come back? Can livestock or wildlife use it better? That is what matters.”

This mindset became the foundation of his business. Ozgood Land Restoration helps landowners reclaim property overtaken by invasive species or neglect. The goal is not to erase the character of the land. The goal is to restore its value, function, and beauty.

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What Makes Land Restoration Different From Land Clearing?

A key part of Osgood’s message is the difference between clearing land and restoring it.

Land clearing is often focused on removal. Restoration is focused on recovery.

That difference matters. In the Ozarks, invasive species can crowd out native plants, reduce forage, limit wildlife habitat, and make land harder to manage. If the root problem is not addressed, the same issues often return.

“Restoration takes patience,” Osgood says. “You have to understand what is growing, why it is spreading, and what the land should look like after the work is done.”

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His ranching background gives him a practical view of those problems. He looks at land through the eyes of someone who depends on it. He knows that healthy soil, healthy forage, and healthy ecosystems are connected.

A Leader Focused on Stewardship

Osgood’s leadership style is grounded in stewardship. He does not describe land as something to control. He talks about it as something to care for.

That view reflects his personal interests, too. Outside of work, he plays music and spends time ranching. Both require rhythm, patience, and attention. Those same traits show up in how he approaches restoration.

“You cannot rush good work,” he says. “Whether you are working cattle, playing music, or restoring a property, you have to pay attention to timing.”

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For landowners, that kind of thinking can be valuable. Many people buy acreage because they love the idea of open space, wildlife, pasture, or privacy. But they may not know what to do when invasive species take over, or a property becomes too overgrown to enjoy.

Osgood sees his role as both a service provider and an educator.

“A lot of people know they have a problem, but they do not always know what they are looking at,” he says. “Part of my job is helping them understand what is happening on their land.”

The Bigger Opportunity in the Ozarks

The demand for thoughtful land management is growing as more people buy rural property, manage livestock, or look for ways to improve habitat. In the Ozarks, where natural beauty is a major part of the region’s identity, restoration carries both practical and environmental importance.

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Osgood’s career gives him a unique position in that space. He brings the discipline of a project manager, the independence of a business owner, and the lived experience of a rancher.

His work is not only about removing what does not belong. It is about helping what does belong come back.

“When a property starts to recover, you can feel the difference,” Osgood says. “The land opens up. Native growth has a chance. Wildlife returns. That is the reward.”

For Blake Osgood, Ozgood Land Restoration is more than a business. It is the next chapter in a career built around responsibility, problem-solving, and a deep respect for the land he now calls home.

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Mortgage rates hold steady near 6.49% as housing affordability improves

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Homeownership decline is hitting every age group, new data shows

Mortgage rates moved slightly higher this week but have remained relatively steady in recent weeks, mortgage buyer Freddie Mac said on Thursday.

Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average interest rate on the benchmark 30-year fixed mortgage rose to 6.49%, up from last week’s reading of 6.43%.

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The average rate on a 30-year fixed-rate mortgage was 6.72% a year ago.

HOUSING AFFORDABILITY TO IMPROVE AS HOME PRICE GROWTH COOLS, REALTOR.COM FORECASTS

Missouri homes in background of 'for sale' sign

Mortgage rates ticked slightly higher over the last week, Freddie Mac reported. (Brett Coomer/Houston Chronicle via Getty Images)

“The 30-year fixed-rate mortgage averaged 6.49% this week,” said Freddie Mac chief economist Sam Khater.

“Mortgage rates have not changed much recently, but economic growth and housing affordability continue to improve for homebuyers as they shop for homes in today’s market,” Khater added.

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The average rate on a 15-year fixed mortgage also moved slightly higher to 5.82%. That’s an increase from 5.79% last week, though it remains below the average rate of 5.86% from a year ago.

RECORD DECLINE IN HOME ASKING PRICES OFFERS BUYERS AN AFFORDABILITY BOOST

Mortgage rates are affected by several factors, including the Federal Reserve and geopolitics. Although mortgage rates aren’t directly affected by the Fed’s interest rate decisions, they closely track the 10-year Treasury yield. The 10-year yield hovered around 4.5% as of Thursday afternoon.

The latest mortgage data comes as conditions in the housing market have improved somewhat for buyers, many of whom have been on the sidelines as tight inventory has supported higher home prices and mortgage rates have held relatively steady.

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Realtor.com this week released a midyear update to its 2026 housing market forecast that estimates home price growth will slow to 1.2% this year, a rate that’s slower than the original forecast for the year and is below the current pace of inflation. That means home prices would be effectively declining in real, inflation-adjusted terms.

GOVERNMENT REGULATIONS ADD NEARLY $132K TO COST OF NEW HOME, BUILDERS SAY

Single family home under construction

Would-be homebuyers have seen some improvements in affordability this year. (Getty Images)

“Against a backdrop of both familiar and new challenges, the economy has proved resilient. As a result, the first half of 2026 delivered stability more than momentum in the housing market,” said Realtor.com senior economist Danielle Hale.

“The housing market is inching forward as sellers reset expectations, price growth cools, and buyers gain more negotiating power,” Hale said. “Looking ahead, we expect momentum to build through the second half of the year as more sidelined buyers and sellers find terms that will work for both sides.”

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Mortgage rates are projected to hold steady at 6.3%, the same level they were at when 2025 ended, as a resurgence of inflation caused by the Iran war undercut the prospects of interest cuts in the first of the year that could’ve helped mortgage rates decline.

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FDA issues Class II recall for Lupin steroid eye drops after material found

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FDA issues Class II recall for Lupin steroid eye drops after material found

More than 2.5 million bottles of a prescription steroid eye medication are being recalled nationwide after the Food and Drug Administration classified the action as a Class II recall over concerns about foreign material found in the product.

Lupin Pharmaceuticals Inc. voluntarily recalled 2,530,182 bottles of prednisolone acetate ophthalmic suspension USP, 1%, after the presence of a foreign substance was identified in certain lots, according to an FDA enforcement report.

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The affected prescription eye drops were manufactured by Lupin Limited in Pithampur, India, and distributed nationwide. The recall includes 5 mL, 10 mL and 15 mL bottles sold under National Drug Codes 70748-332-02, 70748-332-03 and 70748-332-04.

KIA ISSUES NEW RECALL OF 460,000 VEHICLES AFTER PREVIOUS FIX TO FIRE RISK FAILED

three unlabled eyedrop bottles

Three generic eye drop bottles are shown in this illustration. The FDA classified a nationwide recall of more than 2.5 million bottles of prescription steroid eye drops as a Class II recall. (Getty Images / Getty Images)

The FDA classified the recall as a Class II recall on June 30. According to the agency, a Class II recall is issued when use of a product may cause temporary or medically reversible adverse health consequences or when the probability of serious adverse health consequences is considered remote. Class I recalls involve products that could cause serious injury or death, while Class III recalls involve products that are unlikely to cause adverse health consequences.

The recall covers dozens of lot numbers with expiration dates beginning in July 2026 and extending beyond October 2026. According to the FDA, the products were distributed nationwide. Consumers and healthcare providers can compare affected lot numbers with the FDA’s published enforcement report to determine whether their medication is included in the recall.

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Prednisolone acetate ophthalmic suspension is a prescription corticosteroid eye drop used to treat inflammation after eye surgery, eye injuries and certain inflammatory eye conditions.

MORE THAN 1.7M GRILL BRUSHES RECALLED OVER BRISTLE HAZARD, RISK OF ‘SERIOUS INTERNAL INJURIES’

eye drops

A man administers eye drops in this illustration. Lupin Pharmaceuticals has recalled more than 2.5 million bottles of prescription steroid eye drops after foreign material was found in certain lots. (Getty Images / Getty Images)

Patients who believe they have an affected bottle should contact a pharmacist or healthcare provider to determine whether the medication is included in the recall and discuss replacement medication or other treatment options. Patients should not stop using a prescribed medication without consulting a healthcare provider.

FDA HQ sign in Maryland

A sign for the Food And Drug Administration outside the headquarters on July 20, 2020, in White Oak, Md. (Sarah Silbiger/Getty Images / Getty Images)

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Lupin initiated the recall June 4 and notified customers by letter. The FDA said no press release has been issued for the recall, which remains ongoing.

FOX Business has reached out to Lupin for additional information, including the nature of the foreign material found in the recalled products, whether any adverse events have been reported and what guidance the company is providing to patients. The company had not responded by publication time.

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Politics And The Markets 07/10/26

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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