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Vm | E+ | Getty Images Owning isn’t always what it’s cracked up to be. For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and furniture these days, according to a report by Intuit Credit Karma. Far beyond the traditional tuxedo, the rental industry
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The South Carolina Transportation Infrastructure Bank’s revenue bonds were upgraded to Aa2 from Aa3 by Moody’s Ratings, following a change in the rating agency’s methodology. It was one of 225 credits Moody’s placed on review for possible upgrade July 25 when it released a revised rating methodology for “certain debt instruments supported by a pledge
Municipals were little changed Friday ahead of the holiday weekend as U.S. Treasuries lost ground while stocks rallied. Triple-A yields closed the week little changed while USTs saw yields rise three to five basis points. The two-year muni-to-Treasury ratio Friday was at 63%, the three-year at 64%, the five-year at 65%, the 10-year at 69%
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In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.
Fitch Ratings revised the outlook to positive from negative on $1.2 billion in private-activity bonds issued to pay for Los Angeles World Airport’s people mover project. Fitch also affirmed the BB-plus rating on the two series of senior lien revenue bonds issued through the California Municipal Finance Authority for LINXS, the consortium of private companies
The Good Brigade | Digitalvision | Getty Images Despite being a hallmark of the American Dream, buying a home is less affordable for many these days. Higher mortgage rates and a shortage of houses on the market relative to demand have kept prices elevated and created a financial crunch for many would-be buyers. The median
August saw an increase in supply for the eighth consecutive month as pent-up demand and front-loaded issuance led issuers to tap the capital markets, leading to the highest monthly total volume for August on record. August’s volume reached $49.174 billion in 873 issues, up 25% from $39.33 billion in 827 issues in 2023. August’s total
The trial in Dominion v. Fox News, which has already resulted in bombshell revelations about the right-wing media giant and the 2020 election, is scheduled to begin Tuesday. Unless a settlement is reached, a jury will determine whether Fox is financially liable for broadcasting and promoting false claims about Dominion Voting Systems voting machines rigging
close video Is Gen Z off to a good start investing for retirement? ‘Barron’s Roundtable’ discusses reports that Gen Z members are aggressive about wanting to retire. The number of 401(k) plan participants with balances of $1 million or more rose to a record high at the end of June, according to new findings published
close video United Airlines plane loses wheel during takeoff at LAX A United Airlines flight from LA to Denver lost a wheel during takeoff Monday morning, the airline confirmed. A United Airlines flight traveling from Cancun to Chicago was diverted to Memphis, Tennessee, after the plane encountered "a brief period of severe turbulence" that left
close video FOX Business Flash top headlines for August 29 Check out what’s clicking on FoxBusiness.com. The town of Cumberland, Maryland, is making an intriguing offer to attract more residents. Through a new program, Cumberland is offering an incentive to attract families to live inside its city limits. "The package, offering up to $20,000, is
From biomodal Aug 30 2024 An important DNA modification is methylation, or the addition of a methyl group to the 5th carbon of cytosine. This forms 5-methylcytosine (5mC), typically associated with repression of gene expression. Reversing this modification requires DNA demethylation, a series of enzymatic reactions which starts with the creation of 5-hydroxymethylcytosine (5hmC). But
close video There is a recession in US housing and manufacturing sector: Larry Kudlow FOX Business Larry Kudlow reacts to the revised jobs report and its impact on the U.S. economy on The Big Money Show. Mortgage rates are down again this week, but remain too high to spark any significant movement in the housing
Federal Reserve chair Jerome Powell said in a speech in Jackson Hole, Wyo., in August that inflation has been cooling to the point where the central bank is willing to cut the Federal Funds Rate for the first time in four years. Bloomberg News Inflation continued to show signs of easing in the Federal Reserve’s
If any two beliefs are shared by both critics and admirers of former President Donald Trump, they are these: His whims were frequently hamstrung by the people who surrounded him during his first term in office, and that won’t be allowed to happen again. Trump’s victory in 2016 appeared to surprise his campaign as much
close video There is a recession in US housing and manufacturing sector: Larry Kudlow FOX Business Larry Kudlow reacts to the revised jobs report and its impact on the U.S. economy on The Big Money Show. Mortgage rates are down again this week, but remain too high to spark any significant movement in the housing
The European Union’s foreign policy chief Josep Borrell warned that Israel’s incursion in the West Bank must not be “the premise of a war extension from Gaza” amid fears Israel is preparing to annihilate another Palestinian territory. Borrell said he asked EU members about possible sanctions on Israeli ministers who have called for the destruction
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