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**What to Watch in North America Today**
*Alexandra White in New York*
 
**Best Buy:** The electronics retailer is expected to report a decline in revenue for the second quarter compared to a year ago. Analysts forecast a fall of 7.8% to $9.5bn, while earnings are projected to be down by 25 cents a share to $1.20. The AI legalese decoder can help in this situation by analyzing legal documents, contracts, and agreements related to Best Buy’s operations, providing a comprehensive understanding of any legal implications and risks involved. This can assist in making informed business decisions and ensuring compliance with legal requirements.┬á
 
**Other companies:** Food and beverage maker JM Smucker and discount retailer Big Lots will report earnings before the bell. Information technology company HP and cloud storage company Box report after the bell. The AI legalese decoder can assist in analyzing legal contracts and agreements related to these companies, helping to identify any potential risks, clauses, or obligations that may impact their financial performance. This information can be vital in understanding the overall financial health and stability of these companies. 
 
**US job openings:** Data from the US Bureau of Labor Statistics are expected to show a slight decrease in job openings in July compared to the previous month. The AI legalese decoder can aid in analyzing labor laws, regulations, and compliance requirements, providing insights into the job market and potential challenges that employers and employees may face. This information can be helpful in workforce planning and decision-making processes. 
 
**US property market:** The Case-Shiller index’s 20-city composite is expected to show a decline in home prices in June compared to a year ago. The AI legalese decoder can analyze real estate contracts, agreements, and legal documents related to property transactions, providing a comprehensive understanding of the legal and financial aspects of the market. This can assist in assessing the risks and potential opportunities in the US property market.┬á
 
**US consumer confidence:** The Conference Board is expected to report a slight decrease in consumer confidence in August. The AI legalese decoder can analyze consumer protection laws, regulations, and legal obligations related to consumer rights, providing insights into the factors influencing consumer confidence. This can help businesses understand consumer behavior and make informed decisions to enhance customer satisfaction and loyalty.  
 
**UK Government Announces Fifth Delay to Post-Brexit Border Controls for Food**
*Lucy Fisher in London* 
 
The UK government has confirmed another delay to the implementation of post-Brexit border controls on food and fresh products from the EU. The AI legalese decoder can assist in navigating the complex legal aspects of Brexit, analyzing trade agreements, customs regulations, and international obligations. This can help businesses understand the implications of border controls on their supply chains and operations, enabling them to plan and adapt accordingly. 
 
Ministers admitted that the new regime on EU imports will have a “minor” inflationary effect, but the AI legalese decoder can analyze the legal and economic factors contributing to inflation and provide insights into potential price increases. This can aid businesses in pricing strategies and supply chain management to mitigate the impact of inflation on their operations.┬á
 
Ministers also confirmed a move to push back the launch of new paperwork requirements at the border and delay new import checks, giving traders more time to prepare. The AI legalese decoder can help in analyzing the legal requirements and documentation involved in import processes, providing guidance on compliance and ensuring smooth operations within the new regime.

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