Share on Pinterest Pandemic-era drinking habits persisted after the pandemic ended, particularly among adults in their 40s. Alistair Berg/Getty ImagesA large new study shows that heavy drinking habits among adults in the U.S. have persisted beyond the COVID-19 pandemic.Researchers say drinking levels stabilized before the pandemic, spiked during initial lockdowns, and persisted through at least
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Share on Pinterest Eating some of your favorite Thanksgiving foods while taking drugs like Ozempic and Wegovy may trigger or worsen uncomfortable side effects. The Good Brigade/Getty ImagesEating certain foods can exacerbate GI discomfort and other common side effects associated with GLP-1 weight loss drugs like Ozempic and Wegovy.Navigating holiday meals can be challenging as
Nov. 14 This week on the KFF Health News Minute: Some Medicaid recipients with opioid use disorder lost access to life-saving treatment during what has been called the unwinding, and some doctors are charging extra for mammograms that include a check for signs of heart disease. Nov. 7 This week on the KFF Health News
Share on Pinterest Naltrexone (referred to as the Ozempic of alcohol) is a drug that can help reduce alcohol and opioid cravings for people living with substance misuse disorder. vitapix/Getty ImagesPrescription medication naltrexone is used to treat alcohol use disorder and opioid use disorder.The drug works by reducing cravings and the buzz associated with the
Tampa, Florida’s sales and utility tax bonds were upgraded to Aa1 from Aa3 by Moody’s Ratings and the outlook is stable. The upgrade affects Series 2016 and 2020 sales tax refunding and improvement bonds and Series 2012A and C utilities tax and Series 2010A & B utility tax revenue bonds. “That’s great news, and it
Despite the pressure on U.S. Treasuries this week following the Federal Reserve’s 50 basis point rate cut, municipals closed out the week on track to post positive returns for the fourth consecutive month, the first time since 2021. Triple-A municipal yield curves were lightly traded and little changed while Treasuries saw small improvements for the
Federal Reserve Board Governor Michelle Bowman.Julia Nikhinson/Bloomberg The Federal Reserve cited slower price growth and a softer labor market in its decision to lower interest rates by a half percentage point this week, but one policymaker sees those trends differently. Fed Gov. Michelle Bowman voted against the decision Wednesday, noting that she would have preferred
The death knell isn’t ringing for the tax exemption on municipal bonds, according to a panel at the National Association of Bond Lawyers conference, at least not yet — although the panel suggested the industry remind lawmakers of the role bonds play in their communities. The exemption remains an issue as policymakers will need to
Your browser does not support playing this file but you can still download the MP3 file to play locally. A growing controversy around Lord Waheed Alli’s donations to Prime Minister Sir Keir Starmer and his wife Victoria risks tarnishing the new government, while propelling the normally discreet Labour donor into the public eye. Lucy Fisher
Street scene in Old Bond Street, Mayfair, London, United Kingdom. Pawel Libera | The Image Bank | Getty Images LONDON — Monaco, Italy, Switzerland, Dubai. They’re just a few of the destinations trying to lure away the U.K.’s uber wealthy ahead of proposed changes to the country’s divisive non-dom tax regime. Almost two-thirds (63%) of
Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. Well that makes my katzenjammer even worse. On top of a cold, as well as a hangover from trying to match dad — who just landed from Australia — on the shiraz front, my portfolio now
A larger than expected federal funds rate cut on Wednesday caught a lot of market experts off guard. “I was surprised by the size of the cut,” said Vikram Rai, head of municipal markets strategy for Wells Fargo. ”I was expecting 25 basis points, but you can rationalize 25 or 50. Muni investors have waited for this,
Municipals were steady to weaker in spots Thursday, as U.S. Treasury yields rose five years and out and equities rallied. The two-year muni-to-Treasury ratio Thursday was at 64%, the three-year at 66%, the five-year at 66%, the 10-year at 70% and the 30-year at 86%, according to Refinitiv Municipal Market Data’s 3 p.m. EST read.
Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million units, according to the National Association of Realtors. That is slightly lower than what analysts expected. Sales were 4.2% lower than August 2023. It marks three straight months of sales below the 4 million mark,
Moyo Studio | E+ | Getty Images The Federal Reserve announced a half percentage point, or 50 basis points, interest rate cut at the end of its two-day meeting Wednesday. And, naturally, some Americans will want to make the most of the central bank’s first rate cut since the early days of the Covid pandemic.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may lower borrowing costs again as soon as November. The Monetary Policy Committee’s eight-to-one
The Empire State Development Corp. is set to sell $335.7 million of state sales tax revenue bonds on Thursday. The competitive deal is the only sizable offering from a New York state issuer on this week’s calendar, a contrast to the billion-dollar deals the state’s issuers have sold in recent months. It was a week
On Tuesday, former President Trump announced support for lifting the cap on the State and Local Tax deduction, a move which has wide support from municipal bond issuers. Trump made the announcement via his Truth Social network as part of a personal post saying, “I will turn it around, get SALT back, lower your taxes,
Chris Wattie | Reuters The Federal Reserve announced Wednesday it will lower its benchmark rate bya half percentage point, or 50 basis points, paving the way for relief from the high borrowing costs that have hit consumers particularly hard. The federal funds rate, which is set by the U.S. central bank, is the interest rate
Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City. Michael M. Santiago | Getty Images Investors may soon see their favorite stocks quoted in half-penny increments. The U.S. Securities and Exchange Commission will vote Wednesday to change the minimum pricing increment for
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