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☆ 'Thrown to the wolves': How private investors are jacking up rents and ripping off college students
▼ + stars: | 2023-09-20 | by ( James Rodriguez | ) www.businessinsider.com time to read: +19 min

The eye-popping numbers are part of a longer-term shift toward private college housing. Moody's Analytics recently warned of an "affordability crisis" for college students, noting that since 2019, rents for student housing in a sample of notable college towns had grown faster than those of regular apartments. Student housing goes privateThe gold rush in student housing is a relatively new phenomenon. Back in the 1980s and '90s, most college students either lived in bland, cinder-block-walled dorms or in conventional apartments farther from campus. Even with his frugality, he came to realize that the prices in West Campus were "impossible to rationalize" for a college student.

Persons: behemoth Blackstone, Evan Scope, UT Austin who's, Carl Whitaker, Austin Kristian Alveo, Whitaker, Mark Austin, Kristian Alveo, David Willson, Willson, Gina Cowart, Cowart, David Kanne, lounging, Ann, Kanne, Lu Chen, RealPage, Donald Cohen, Cohen, Graham Sowden, Dan Allen, Allen, Austin, James Rodriguez Organizations: Waterloo, University of Texas, Wall Street's, American, Communities, National, Housing, Evan Scope Crafts, UT Austin, University, UT, LV, UTs, Crafts, American Campus, HBO, West, haven't, State College ,, Moody's, Power, Middlebury College, University of Tennessee, Arizona State University, Urban Institute, Investors, Power Five, RREAF Holdings Locations: Austin, Wall, Waterloo, UT Austin, Rio, Villas, West, West Campus, Gainesville , Florida, Ann Arbor , Michigan, State College , Pennsylvania, Knoxville, South

☆ Traditional TV adds viewers in August as back-to-school dents streaming
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Elijah Nouvelage Acquire Licensing RightsSept 19 (Reuters) - More people in the U.S. turned to traditional TV for news and drama shows in August, with the start of the back-to-school season making a slight dent on the streaming viewership, market researcher Nielsen said. Broadcast viewership, which has declined since January, rose 1.6% in August, thanks to shows like "America's Got Talent" on NBC and "Big Brother" on CBS. Streaming saw a sequential decline of 1.6% in viewers to 38.3% last month, but still accounted for the largest share of viewership. Reuters GraphicsNielsen said that despite the seasonal weakness in streaming, the category has gained 7.0 share points since August last year. Legal dramas "Suits" and "The Lincoln Lawyer" were the top two streaming titles in August, Nielsen said.

Persons: Raphael Warnock, Herschel Walker, Elijah Nouvelage, Nielsen, Reuters Graphics Nielsen, Peacock, Mario, Samrhitha, Dawn Chmielewski, Tasim Zahid Organizations: Republican, Georgia Public Broadcasting, REUTERS, NFL, NBC, CBS, Reuters Graphics, WWE, Hall of Fame, Lincoln, Thomson Locations: Atlanta , Georgia, U.S, Bengaluru, Dawn, Los Angeles

☆ Donald Trump's Republican rivals need to take him on at second debate, moderator says
▼ + stars: | 2023-09-19 | by ( Tim Reid | ) www.reuters.com time to read: +3 min

President Trump has a commanding and seemingly very enduring lead. Trump, who leads his nearest rival for the Republican presidential nomination by some 40 percentage points in opinion polls, is skipping the second debate, just as he did the first one in Wisconsin last month. Perino, a co-moderator of the Sept. 27 debate, said none of Trump's rivals managed to alter the dynamic of the nominating race in that first debate. With voting in the nominating contest starting in Iowa in January, Trump's Republican rivals are running out of time to halt his march to becoming the Republican standard-bearer, despite his myriad legal troubles. Reporting by Tim Reid in Los Angeles; editing by Ross Colvin; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Ron DeSantis, Mike Pence, Vivek Ramaswamy, Nikki Haley, Donald Trump's, They're, Trump, Dana Perino, George W, Bush, Ronald Reagan, Stuart Varney, Perino's, Tim Scott of, Chris Christie, Tim Reid, Ross Colvin, Jonathan Oatis Organizations: Florida, U.S, South Carolina, Republican, White, Fox News, Ronald Reagan Presidential Foundation and Institute, Trump's Republican, Fox Business Network, New, Republican National Committee, Univision, Thomson Locations: Milwaukee , Wisconsin, U.S, ANGELES, Wisconsin, Simi Valley , California, Iowa, Florida, Tim Scott of South Carolina, New Jersey, Los Angeles

☆ Opinion | A Skeptical Look at ‘Self-Care’
▼ + stars: | 2023-09-19 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

Love it or hate it, self-care has transformed from a radical feminist concept into a multibillion-dollar industry. In 2021, 34 percent of women reported feeling burned out at work, along with 26 percent of men. In her book “Real Self-Care: A Transformative Program for Redefining Wellness (Crystals, Cleanses, and Bubble Baths Not Included),” she encourages people to look beyond superficial fixes — the latest juice cleanses, yoga workshops, luxury bamboo sheets — to feel better. Instead, she argues that real self-care requires embracing internal work, which she outlines as four practices: setting boundaries, practicing self-compassion, aligning your values and exercising power. Lakshmin argues that when you practice real self-care, you not only take care of yourself, but you can also plant the seeds for change in your community.

Persons: Pooja Lakshmin, Lakshmin, “, Ezra Klein, Tressie McMillan Cottom Organizations: Apple, Spotify, Amazon Music, Google

☆ Traditional TV Adds Viewers in August as Back-To-School Dents Streaming
▼ + stars: | 2023-09-19 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - More people in the U.S. turned to traditional TV for news and drama shows in August, with the start of the back-to-school season making a slight dent on the streaming viewership, market researcher Nielsen said. The combined share of broadcast and cable television, rose to 50.6% of total TV usage in August from 49.6% in July, according to Nielsen's monthly report on the state of the television market. Streaming saw a sequential decline of 1.6% in viewers to 38.3% last month, but still accounted for the largest share of viewership. Nielsen said that despite the seasonal weakness in streaming, the category has gained 7.0 share points since August last year. Legal dramas "Suits" and "The Lincoln Lawyer" were the top two streaming titles in August, Nielsen said.

Persons: Nielsen, Comcast's Peacock, Mario, Samrhitha, Dawn Chmielewski, Tasim Zahid Organizations: Reuters, NFL, Republican, NBC, CBS, WWE, Hall of Fame, Lincoln Locations: U.S, Bengaluru, Dawn, Los Angeles

☆ Dollar eases as traders eye upcoming central bank decisions
▼ + stars: | 2023-09-18 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +3 min

Data on Monday showed U.S. homebuilder confidence fell for a second month in September, with optimism dropping to the lowest since April as high interest rates cut into affordability for prospective buyers. Fed fund futures show investors expect the Federal Reserve to keep interest rates on hold in the 5.25% to 5.5% range on Wednesday. The European Central Bank raised interest rates to 4% last week, but said this hike could be its last. Traders think Sweden's central bank is highly likely to raise interest rates on Thursday by 25 basis points to 4%, piling more pressure on the economy. The yen was up about 0.15% against the dollar at 147.62 to the dollar, with traders out for a Japanese public holiday.

Persons: Lee Jae, BoE, BoJ, Michael Brown, Janet Yellen, Brown, Kazuo Ueda, Saqib Iqbal Ahmed, Chris Reese, Richard Chang Organizations: REUTERS, U.S, Federal Reserve, Bank of England, Bank of Japan, Trader, Treasury, European Central Bank, Traders, Bank of, Thomson Locations: Seoul, Swedish, Bank of England

☆ Poland, Hungary, Slovakia to introduce own bans on Ukraine grains
▼ + stars: | 2023-09-16 | by ( ) www.cnbc.com time to read: +2 min

Poland, Slovakia and Hungary announced their own restrictions on Ukrainian grain imports on Friday after the European Commission decided not to extend its ban on imports into Ukraine's five EU neighbors. The European Union in May stepped in to prevent individual countries imposing unilateral bans and imposed its own ban on imports into neighboring countries. Under the EU ban, Ukraine was allowed to export through those countries on condition the produce was sold elsewhere. The EU allowed that ban to expire on Friday after Ukraine pledged to take measures to tighten control of exports to neighboring countries. EU Trade Commissioner Valdis Dombrovskis said on Friday countries should refrain from unilateral measures against imports of Ukrainian grain, but Poland, Slovakia and Hungary immediately responded by reimposing their own restrictions on Ukrainian grain imports.

Persons: Valdis Dombrovskis, reimposing, Terry Reilly Organizations: European Commission, European Union, EU, Ukraine Locations: Kramatorsk, Donetsk region, Ukraine, Poland, Slovakia, Hungary, Black

(AP) — Harrison Mevis kicked a 61-yard field goal with no time remaining Saturday, sending Missouri to a field-storming, come-from-behind 30-27 victory over No. Political Cartoons View All 1163 ImagesBen Sinnott added 78 yards receiving and two of the TD catches for Kansas State. Cook answered with a 47-yard touchdown heave to Burden, who spent most of the game making the Kansas State secondary look silly. And after Howard threw a pick into tight coverage, Mevis' field goal gave Missouri the lead. The Tigers tacked on a field goal early in the fourth quarter, but only after squandering a first-and-goal opportunity.

Persons: — Harrison Mevis, Brady Cook, huddling, Eli Drinkwitz, Cook, Luther Burden III, Will Howard, Ben Sinnott, Howard, JC Carlies, Phillip Brooks, Rather, Chris Tennant, Sinnott, squandering, — Cody Schrader's, Burden, St . Louis Organizations: COLUMBIA, Kansas State, The Tigers, Tigers, Wildcats, The Wildcats, SEC, Missouri, Wildcat, Kansas, Georgia, NEXT Kansas State, Big, Central Florida, Memphis, AP Locations: Mo, Missouri, Kansas, St .

☆ Student loan payments will resume. That could dent this food delivery stock, MoffettNathanson says
▼ + stars: | 2023-09-15 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +1 min

Student loan repayments are set to resume in October, and that means there will be fewer dollars in borrowers' budgets to order through DoorDash , according to MoffettNathanson. "Does the resumption of loan repayments introduce bookings risk to food delivery?" After three years, the Department of Education's Covid-19 relief pause for federal student loan borrowers is winding down. Student loan interest resumed accrual Sept. 1 and payments will be due in October. That means borrowers could be on the hook for $225 per month in average student loan repayments, according to estimates from MoffettNathanson.

Persons: Michael Morton, DoorDash, Morton, Michael Bloom Organizations: Department, Education's Locations: DoorDash, MoffettNathanson

But the flood of grains and oilseeds into neighbouring countries reduced prices there, impacting the income of local farmers and resulting in governments banning agricultural imports from Ukraine. The European Union in May stepped in to prevent individual countries imposing unilateral bans and imposed its own ban on imports into neighbouring countries. Under the EU ban, Ukraine was allowed to export through those countries on condition the produce was sold elsewhere. EU Trade Commissioner Valdis Dombrovskis said on Friday countries should refrain from unilateral measures against imports of Ukrainian grain, but Poland, Slovakia and Hungary immediately responded by reimposing their own restrictions on Ukrainian grain imports. Farmers in the five countries neighbouring Ukraine have repeatedly complained about a product glut hitting their domestic prices and pushing them towards bankruptcy.

Persons: Cernat, Valdis Dombrovskis, reimposing, Terry Reilly, Volodymyr Zelenskiy, Robert Telus, Julia Payne, Alan Charlish, Jan Lopatka, Karol Badohal, Boldizsar, Pavel Polityuk, Luiza Ilie, Tom Polansek, Nina Chestney, Simon Webb, David Evans, Alistair Bell, Grant McCool Organizations: REUTERS, European Commission, European Union, EU, Ukraine, Facebook, EU Commission, Farmers, Solidarity, Thomson Locations: Black, Constanta, Romania, Ukraine, BRUSSELS, WARSAW, Poland, Slovakia, Hungary, Russia, EU, Bulgaria, Russian, Romanian, Prague, Warsaw, Budapest, Kyiv, Bucharest, Chicago

Autoworkers put down their toolsThousands of autoworkers walked off the job on Friday morning at three Midwest plants in an unprecedented strike, as the United Automobile Workers and Detroit’s three big carmakers remained miles apart on contract talks. A lengthy strike could dent the Big Three’s profits, analysts say, at a time when the companies are investing heavily in electric vehicles to catch up to Tesla and Chinese rivals. Mary Barra, G.M.’s chief, warned that meeting all or most of the union’s demands could hobble the company’s prospects. “Make no mistake: If we don’t continue to invest, we will lose ground, and it will happen fast,” she said. “Nobody wins in a strike.”

Persons: Autoworkers, autoworkers, Biden, Ford, Mary Barra, ’, “, ” Organizations: United Automobile Workers, General Motors, Dodge, Chrysler Locations: Stellantis, Amsterdam, G.M

☆ After Birkenstock's 'Barbie' bump, iconic footwear brand seeks a big part in IPO market
▼ + stars: | 2023-09-13 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +10 min

Footwear companies have found recent success going public market, but not all by any means over the longer-term. In more recent history, the brand has collaborated with Rick Owens, Dior, and Manolo Blahnik, among many other big names in fashion. The current IPO market landscape The IPO market has been all but frozen since the pandemic stock offering boom crashed, and successful IPOs have included iconic brands, such as the Johnson & Johnson spinoff of its consumer health business which includes Tylenol and band-Aids in the Kenvue IPO. Still, while Kenvue was the biggest deal of the year, it's barely holding onto its IPO price today, according to CNBC and Renaissance Capital data, and the IPO market overall hasn't performed great after listing. The two potential paths of a footwear IPO can be tracked by the histories of Crocs and Allbirds.

Persons: Nordstrom, Jeff Greenberg, what's, Johann Adam Birkenstock, Birkenstock, Angelo Bochanis, Oliver Reichert, outsized, Reichert, Konrad Birkenstock, Johann, Karl, Konrad, Margo Fraser, Kim Knott, Kate Moss, Corinne Day, Rick Owens, Dior, Manolo Blahnik, Jeremy Moeller, Barbie, Margot Robbie, Johnson, Kenvue, it's, hasn't, Mark Cohen, Cohen, Jamie Dimon, Dimon, Bochanis, " Cohen Organizations: Universal, Getty, New York Stock Exchange, Nasdaq, Holding, Renaissance, Consumers, British Elle, Brand, CNBC, Columbia Business School, Facebook, Wall, JPMorgan, Company Locations: Merrick, , Miami, Germany, America, California, British, Arizona, It's, U.S

☆ American Airlines makes a drastic cut to profit forecast as fuel prices soar
▼ + stars: | 2023-09-13 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

American said that fuel prices have “increased considerably” since July, when it issued its initial third-quarter guidance. Also on Wednesday, discount carrier Spirit cut third quarter revenue by 5% from its previous forecast. It blamed rising fuel prices and “heightened promotional activity with steep discounting for travel booked” for the weeks leading into Thanksgiving weekend for the adjusted guidance. The organization said in June that it more than doubled its 2023 profit forecast for the global airline industry despite a looming economic downturn. Airlines are expected to make $9.8 billion in net profit in 2023, up from a December forecast of $4.7 billion.

Persons: Scott Kirby, ” Kirby Organizations: New, New York CNN — American Airlines, Labor, Global, International Air Transport Association, United Airlines, CNN Locations: New York, Worth

The focus is shifting to a new front: Synthetic graphite, an element developed in the late 19th century, but only redirected toward EVs in the past decade. Synthetic graphite could account for nearly two-thirds of the EV battery anode market by 2025, estimates Benchmark Mineral Intelligence. "It’s easier to set up a synthetic graphite production facility than it is to commission new mining sites for natural graphite” because producers can take advantage of incentives in last year's U.S. Inflation Reduction Act to build synthetic graphite capacity in the U.S. or Free Trade Agreement partners, she said. Other experts note synthetic graphite is generally higher purity and offers better and more predictable performance than natural graphite. Still, the construction of new production facilities for synthetic graphite, even with federal incentives, requires a staggering investment, said Novonix's Burns.

Persons: Simon Dawson, ”, Victoria Hugill, It's, Chris Burns, Norway's, Vianode, Hans Erik Vatne, Vatne, Bob Galyen, China’s CATL, Novonix's Burns, “, Fastmarkets, Burns, Paul Lienert, Nick Carey, Timothy Gardner Organizations: REUTERS, Mineral Intelligence, EV, U.S, Trade, Infrastructure Investment, Jobs Act, Norsk Hydro, Hydro, Galyen Energy, Thomson Locations: London, Britain, United States, Europe, China, U.S, Bainbridge , Georgia, Chattanooga , Tennessee, North America, Detroit

☆ Oracle tumbles as strong cloud competition, Cerner weakness dent forecast
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +2 min

3D printed clouds and figurines are seen in front of the Oracle cloud service logo in this illustration taken February 8, 2022. The company was on track to lose about $30 billion in market value, based on its premarket share price of $115. "We continue to believe high single-digit growth might be unsustainable for Oracle given Cerner integration risks and formidable data center competition," D.A. Most analysts, however, were positive on the company and attributed the share price decline to Oracle's rally in the run-up to earnings. But they highlighted strong deferred revenue, AI backlog commentary and some positive signs in the cloud business as positives.

Persons: Dado Ruvic, Safra Catz, D.A, Davidson, Gil Luria, Aditya Soni, Krishna Chandra Organizations: Oracle, REUTERS, Amazon Web Services, Google, Barclays, Thomson Locations: Bengaluru

☆ On Sale Now: My Stylish Patio Table That Survived Sun, Sleet and a Fallen Tree Branch
▼ + stars: | 2023-09-11 | by ( Leslie Yazel | ) www.wsj.com time to read: +3 min

By Leslie YazelHow hard could it be to find a stylish patio dining table that could withstand the weather and look great for years? So let me save you some time: Go straight to the Loll Designs Alfresco Dining Table, which is on sale now. We had an epic ice storm that resulted in a branch the size of a Mini Cooper crashing onto our Loll table. Loll Designs furniture was a bit more than I wanted to spend. The price feels worth-it considering it’s so durable that I’ll never have the hassle or expense of buying another patio dining table ever again.

Persons: Leslie Yazel, I’ve, Cooper Locations: New, Duluth, Minn

☆ Europe's economy threatened by extreme heat, fires and floods
▼ + stars: | 2023-09-11 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +4 min

London CNN —Mounting climate risks, illustrated by the extreme heat, wildfires and floods that ravaged parts of Europe this summer, could hurt the region’s economy as soon as this year, the European Commission warned Monday. In its latest economic forecast, the European Union’s executive arm downgraded its predictions for growth in the region in 2023 and 2024. But it added that there was “formidable uncertainty” over its latest forecast, with extreme weather among the “downside” risks. Construction and manufacturing are among other economic sectors vulnerable to extreme heat, said Owen at Saltmarsh Economics. Similarly to the European Commission, on Sunday the International Monetary Fund pointed to “grave risks to economic well-being” from climate change.

Persons: ” David Owen, Kyle Holland, Owen, Kristalina Georgieva Organizations: London CNN, European, European Travel Commission, CNN, Saltmarsh, Bank of Italy, Sunday, International Monetary, Group Locations: Europe, Czech Republic, Bulgaria, Ireland, Denmark, Italy, Greece, Spain, India

☆ Obesity drugs’ popularity put a dent in these stocks. Why analysts say they’re still worth buying
▼ + stars: | 2023-09-08 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +7 min

Industry analysts are insisting that new weight loss and diabetes drugs like Ozempic won't hurt the demand for insulin pumps and continuous glucose monitors, but most investors aren't buying it. The answer may depend on who you listen to and whether you see GLP-1 drugs as a help or a hinderance to the category. DXCM 3M mountain In the quarter to date, Dexcom shares are down nearly 19%. Dexcom shares are down more than 7% year to date. TNDM 3M mountain Tandem Diabetes shares have fallen significantly this year.

Persons: Ozempic, Danielle Antalffy, Eli Lilly's Mounjaro, hasn't, Dexcom, Piper Sandler, Matt O'Brien, O'Brien, Paresh Dandona, semaglutide, Travis Steed, Steed, — CNBC's Michael Bloom Organizations: UBS, Nordisk's, Novo, New, of Medicine, Tandem Diabetes, Tandem Diabetes Care, Diabetes, Jacobs School of Medicine, Biomedical Sciences, University of Buffalo, Novo Nordisk's, Bank of America Locations: CGMs

☆ Cannabis ETFs are catching fire in September
▼ + stars: | 2023-09-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The volatile cannabis sector is on the upswing in September, boosting a group of exchange-traded funds that have largely struggled over the past two years as legalization of marijuana in the U.S. remains in limbo. The AdvisorShares Pure US Cannabis ETF (MSOS) has jumped 18% in the first four trading days of the month, building on a rally that began in late August. Smaller funds such as the Roundhill Cannabis ETF (WEED) and the ETFMG U.S. MSOS 1M mountain Weed stocks are surging in September, as shown by the MSOS ETF. The struggles for marijuana ETFs have extended beyond price movements, as cannabis remains illegal at the federal level.

Organizations: Cannabis ETF, Cannabis, Thumb Industries, Politico Locations: U.S, Washington

☆ Peter Navarro: How a former Trump official's conviction could echo in ex-president's cases
▼ + stars: | 2023-09-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —The swift conviction of Donald Trump’s former trade adviser Peter Navarro for contempt of Congress sent two warnings to the multiple co-defendants in the ex-president’s approaching criminal trials. The second is that loyalty to Trump can be hazardous and often gets those who show it cross-wise with the law. Navarro, for example, who is is unrepentant and a true Trump believer, pledged to appeal based on executive privilege issues. (A CNN poll released Thursday found no clear leader in a hypothetical matchup between Biden and Trump.) Up until now, Trump associates often paid a heavy price for falling afoul of the law while their leader escaped.

Persons: Donald Trump’s, Peter Navarro, Trump, Navarro, He’s, ”, –, Steve Bannon, Trump’s, Fani Willis, Willis, Yuscil Taveras, Taveras, Tavares, Jack Smith, Karen Friedman Agnifilo, “, you’ve, …, Walt Nauta, Carlos de Oliveira, Mark Meadows, Meadows, he’ll, Rudolph Giuliani, Giuliani –, Giuliani, CNN’s Kaitlan Collins, Paula Reid, Bannon, Allen Weisselberg, Michael Cohen, It’s, Paul Manafort, Robert Mueller’s, Michael Flynn Organizations: CNN, White House, Republican House, Trump, GOP, Central ”, White, New York, Giuliani, Trump Organization, Biden Locations: Washington ,, Georgia, Florida, Fulton County, Lago, North Carolina, Meadows, Bedminster , New Jersey, Congress, Russia, Washington

☆ Analysis: Potential US government shutdown could dent investor confidence
▼ + stars: | 2023-09-08 | by ( David Randall | ) www.reuters.com time to read: +5 min

Investors might be more sensitive to a shutdown this time around, however. With only weeks to go before the deadline, the Republican-led House of Representatives has approved only one of those 12 bills. 'LESS FRIENDLY POLICY'If it occurs, the shutdown would be the fourth over the last decade and would furlough roughly three of out five federal civilian workers. The White House last month said it was working with Congress to hammer out a short-term funding measure to avoid a shutdown while longer-term spending talks continue. Analysts at Ned Davis Research said a shutdown could add to factors threatening to roil the economy into next year.

Persons: Dado Ruvic, Goldman Sachs, Fitch, ”, Jamie Cox, Kevin McCarthy, Joe Biden, Paul Christopher, Christopher, Ned Davis, David Randall, Ira Iosebashvili, Marguerita Choy Organizations: REUTERS, Goldman, Social, Federal, Harris Financial Group, Caucus, House Republican, Republican, Senate, Congressional, Office, Wells, Wells Fargo Investment Institute, Democrats, Ned, Ned Davis Research, CFRA Research, Thomson Locations: Wells Fargo

Governor of the Bank of England Andrew Bailey speaks as he attends a press conference for the Monetary Policy Report August 2023, at the Bank of England in London, Thursday, August 3, 2023. "But I think we are much nearer to it on interest rates on the basis of current evidence." It is expected to raise borrowing costs again later this month, taking Bank Rate to 5.5%. In May, Bailey told the same panel of lawmakers that the BoE was "nearer" to the peak in interest rates. After that, the central bank increased Bank Rate in June and in August.

Persons: Bank of England Andrew Bailey, Alastair Grant, Andrew Bailey, we're, we've, Bailey, BoE, I've, Jon Cunliffe, Cunliffe, Swati Dhingra, Dhingra, Farouq Suleiman, Suban Abdulla, Kylie MacLellan, William Schomberg, Sharon Singleton Organizations: Bank of England, Monetary, Companies Bank of England, Treasury, Thomson Locations: London, British

CNN —Moscow’s forces have started covering some of their attack aircraft with car tires, in what experts say could be a makeshift attempt to protect them from Ukrainian drone strikes that have had increased recent success in targeting Russian military airports. Satellite imagery from Maxar of Engels Airbase, deep inside Russia, shows two Tu-95 strategic bombers with car tires on top of the airframes. The move may have limited effect, according to Francisco Serra-Martins of drone manufacturer One Way Aerospace whose drones have been used by Ukrainian forces. A satellite image shows car tires on a Russian aircraft. Video Ad Feedback Both Russia and Ukraine are using drones.

Persons: CNN —, Francisco Serra, Martins, ”, Steffan Watkins, CNN Watkins Organizations: CNN, Aerospace, Ukrainian, Maxar Technologies, NATO Locations: Engels Airbase, Russia, Russian, Ukraine, Moscow, Pskov, Estonian

My husband is close to retirement, and we've been thinking about the continuing cost of a mortgage. We could pay off our mortgage now and be free from interest, but it's not the best use of our money. One of those plans is to pay off our mortgage in retirement. Let's say instead of paying off our mortgage, we took $100,000 from our retirement savings, put it in a CD, and blocked it for 12 months. My husband and I also looked at the tax benefit of mortgage interest.

Persons: we've, it's, I've Organizations: Service Locations: Wall, Silicon

That means the two-day summit from September 9 will be dominated by the West and its allies. The G20 leaders who will attend include U.S. President Joe Biden, German Chancellor Olaf Scholz, French President Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman and Japan's Fumio Kishida. "If the leaders' summit is a flop, New Delhi and especially Modi will have suffered a major diplomatic, and political, setback," Kugelman said. "The positions have hardened since the Bali Summit," a senior Indian government official told Reuters, referring to the 2022 summit held in Indonesia. Lavrov said last week Russia will block the final declaration of the G20 summit unless it reflects Moscow's position on Kyiv and other crises.

Persons: Adnan Abidi, Li Qiang, Xi Jinping, Vladimir Putin's, Joe Biden, Olaf Scholz, Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman, Japan's, Michael Kugelman, Narendra Modi, Modi, Kugelman, Joko Widodo, Justin Trudeau, Sergei Lavrov, Putin, battlelines, Trudeau, Ukraine's Volodymyr Zelenskiy, Zelenskiy, Lavrov, David Boling, N.K, Singh, Larry Summers, Katya Golubkova, Kentaro Sugiyama, Sakura Murakami Organizations: REUTERS, West, South Asia Institute, Wilson Center, Indian, New, Reuters, Bali, Canada's, Russian, Diplomats, Eurasia Group, Thomson Locations: New Delhi, India, DELHI, Ukraine, China, Russia, Saudi, Washington, Bali, Indonesia, Indonesian, CHINA, Brazil, South Africa, Johannesburg, U.S, Tokyo

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