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An armed group ambushed and killed more than a dozen law enforcement officers in southwestern Mexico on Monday, including a local security secretary and a police chief, adding to a soaring number of deadly attacks against the police in the region. Guerrero is now the second most dangerous state in Mexico for law enforcement officers, with more than 34 killed so far in 2023, according to Common Cause, a Mexico-based organization tracking the killings of police officers in the country. The group said more than 340 police officers had been killed so far this year in the nation, and more than 400 killed last year. Mr. López Obrador has said much of the violence in the nation is because of the United States’ inability to prevent guns from being trafficked south into Mexico. Leaders from both countries discussed the roots of such violence during high-profile meetings in Mexico City this month.

Persons: Coyuca de Benítez, Alfredo Alonso López, Honorio Salinas, Guerrero, Andrés Manuel López Obrador, López Obrador Organizations: United Locations: Mexico, Coyuca de, Mexican, Guerrero, Honorio Salinas Garay, United States, Mexico City

☆ An Alaska Airlines jet had to dodge a SkyWest flight near an Oregon airport. Near-misses are surprisingly common.
▼ + stars: | 2023-10-23 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

An Alaska Airlines plane and a SkyWest Airlines flight came a bit too close to each other. The situation unfolded last Monday at about 4:15 p.m. local time when an Alaska Airlines flight from California abandoned its landing attempt at the Portland airport due to bad weather — just as a SkyWest Airlines flight departed from the same airport. According to the Federal Aviation Administration, the pilot of Alaska Airlines Flight 1299 initiated a standard maneuver known as a "go-around" due to wind while attempting to land at the airport and turned toward SkyWest Airlines Flight 3978, which had just taken off. "An air traffic controller instructed the Alaska Airlines pilot to turn away from the SkyWest aircraft," the FAA told Insider in a statement. SkyWest Airlines told Insider that the flight "departed normally with pilots following air traffic control instructions and landed routinely at Seattle."

Persons: — Organizations: Portland International Airport, Alaska Airlines, SkyWest Airlines, Federal Aviation Administration, Service, FAA, YouTube, Oregonian, Oregon's Redmond Municipal Airport, New York Times Locations: Portland, Alaska, California, Oregon's Redmond, Seattle

☆ China arrested an executive and two former employees at a major US ad agency, claiming they accepted bribes, reports say
▼ + stars: | 2023-10-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Chinese authorities raided the Shanghai offices of GroupM, Reuters reported. AdvertisementAdvertisementThree people linked to the major ad agency GroupM have been detained by police in Shanghai, according to Reuters and The Wall Street Journal. Chinese authorities raided the Shanghai campus of WPP — the conglomerate which owns GroupM — on Friday, according to Reuters. A month before that, Chinese authorities raided the Beijing offices of Mintz Group, the American corporate due diligence firm. Five employees were detained, according to Reuters.

Persons: Patrick Xu, Bain, Mintz Organizations: Reuters, Morning, Street, Financial Times, Shanghai, WPP, Insider Intelligence, Mintz Group, Beijing Municipal Bureau, Statistics, Associated Press Locations: Shanghai, GroupM, China, Beijing

“This feels like a really precarious spot.”In Pennsylvania, officials estimate 40 of the state’s 67 county election offices have new directors or deputy directors since 2020. In North Carolina, where the Republican Legislature recently moved to gain more control of state and local election boards, roughly a third of 100 county election directors have left since the 2020 election. Of the local election office, Fitzgerald said he knows they are trying to improve: “But they are not coming through when you need them the most,” he said. Local election officials were in a tough position trying to explain what happened given the active investigation, Sanguedolce said. She recalls angry voters showing up at the election office, contentious public meetings and law enforcement officials warning her about threats.

Persons: Emily Cook, “, ”, Cook, Jennifer Morrell, Al Schmidt, Schmidt, ” Schmidt, “ We’ve, ‘, ’ ”, Walter Griffith Jr, you’re, Griffith, “ They’re, Denise Williams, I’ve, ” Cook, we’ve, Theodore “ T.J, ” Fitzgerald, Al Gore, John Kerry, Barack Obama, Fitzgerald, Sam Sanguedolce, Sanguedolce, Bryan Steil, Romilda Crocamo, ” Crocamo, I’m Organizations: Republicans, Republican Legislature, Republican, ” Lawmakers, Justice Department, Democrat, Trump, U.S . Rep, Cook, Associated Press, AP Locations: BARRE, Pa, Pennsylvania, Luzerne County, Utah, Colorado, ”, In Nevada, Arizona, North Carolina, Philadelphia, Illinois, Luzerne County’s

☆ Cramer on 5 risks facing markets — and why it's not the 'most dangerous time'
▼ + stars: | 2023-10-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

It is, however, by all appearances not a great time to be long stocks. But before that could happen, the markets would fall in response to Iran's actions and the U.S. commitment to defend Israel. All three enemies — Iran, Russia and China — are, indeed, being challenged by the U.S. in some capacity. But is it really too much to argue that multiple compression is not on par with "the most dangerous" of times? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jamie Dimon, JPMorgan Chase, Ben Bernanke, Bernanke, I, Hamas, —, hasn't, bearish parry, Jingoism, Jerome Powell, Janet Yellen, infuses, Powell, We've, Jim Cramer's, Jim Cramer, Jim, Emily Elconin Organizations: JPMorgan, CBS, Israel, Fed, U.S ., Houston Astros, Jim Cramer's Charitable, CNBC, JPMorgan Chase &, Economic, of Detroit, Bloomberg, Getty Locations: Republic, Iran, Russia, China, Gaza, Israel, what's, U.S, East, Ukraine, Taiwan, Detroit , Michigan

☆ Hurricane Norma makes landfall near resorts of Los Cabos on Mexico’s Baja California peninsula
▼ + stars: | 2023-10-21 | by ( ) www.cnbc.com time to read: +6 min

Strong waves caused by hurricane Norma hits a beach in San Jose del Cabo, Mexico, on Saturday, Oct. 21, 2023. Hurricane Norma has made landfall near the resorts of Los Cabos at the southern tip of Mexico's Baja California Peninsula. Hotels in Los Cabos remained about three-quarters full of tourists, but shelters were set up at schools in the resorts. Residents of Los Cabos resorts rushed to prepare as Norma approached, while in the Atlantic, Hurricane Tammy threatened to batter the islands of the Lesser Antilles. The Los Cabos Civil Defense agency urged residents to stay indoors all day as winds and rain increased.

Persons: Norma, Todos Santos, Hurricane Tammy, Cabo San Lucas, San Jose del Cabo, Maribel Collins, José, Homero Blanco, Tammy, Tropical Storm Phillippe, Hurricane Irma, Philippe, Gaston Browne Organizations: U.S, National Hurricane Center, Lesser Antilles, Saturday, Civil Defense, Police, National Guard, Guard, Hurricane, Tropical, Residents, St Locations: San Jose del Cabo, Mexico, Cabos, Mexico's Baja California, Todos, Cortez, of California, Baja, Sinaloa, Los Cabos, Los, Hurricane, Lesser, Cabo San, Pacific, Baja California, Baja California Sur, San Jose, Cabo San Lucas, San Jose del, Guadeloupe, Antigua, Barbuda, Montserrat, St, Kitts, Nevis, Caribbean, Martinique, St John's

HOUSTON (AP) — The challenges facing Houston’s next mayor are familiar to many big cities: crime, crumbling infrastructure, budget shortfalls and a lack of affordable housing. “This (new) mayor comes along at a time when the city is doing well, though the city faces issues,” said Bob Harvey, president and CEO of the Greater Houston Partnership, a local business group. They highlight what they see as Houston’s failings while touting it as an international city teeming with diversity. Others in contention are former head of Houston’s public transit system Gilbert Garcia, attorney Lee Kaplan, Houston City Councilman Robert Gallegos and former council members Jack Christie and M.J. Khan. The city’s challenges are due in part to its explosive growth over the past decade.

Persons: Houston’s, Sheila Jackson Lee, Sen, John Whitmire, ”, Bob Harvey, Houston, Sylvester Turner, Gilbert Garcia, Lee Kaplan, Robert Gallegos, Jack Christie, M.J, Khan, ” Garcia, Garcia, Greg Abbott, Troy Finner, Patrick Jankowski, Bill King, Brandon Rottinghaus, Jackson Lee, Johnny Mata, “, ” Mata, Jankowski, Harvey, ” Harvey, Juan, Lozano Organizations: HOUSTON, U.S . Rep, Texas Legislature, Texas Democrats, Greater Houston Partnership, Houston, Republican Gov, Houston Police, pothole, University, Greater Houston Coalition for Justice Locations: November’s, U.S, Houston, Texas, Houston City, Harris County, America

☆ Moscow tells officials to buy Russian Ladas, Chinese cars
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Alexey Malgavko//File Photo Acquire Licensing RightsOct 20 (Reuters) - Russia's government on Friday published a list of domestically-produced cars that state officials should buy, all either Russian or Chinese brands, highlighting Beijing's infiltration of Russia's automobile industry since the Ukraine war. As the West shuns Russia, Russia has shunned Western corporations. The Russian cars listed were five Lada models, produced by Russia's largest carmaker Avtovaz, as well as the UAZ, Aurus and Moskvich brands, and Evolute electric cars. The Moskvich, a revived Soviet-era car, is emblematic of China's growing sway over Russia's car industry. Five models of Chinese carmaker Haval, which has been producing cars at its plant in the Tula region, 200 kilometres from Moscow, since 2019, were listed.

Persons: VAZ, Alexey Malgavko, Vladimir Putin, Sehol, Haval, Gleb Stolyarov, Alexander Marrow, Barbara Lewis Organizations: Lada, REUTERS, Renault, Nissan, West shuns, Kommersant, Apple, Industry and Trade Ministry, Russia's, Reuters, Thomson Locations: Soviet, Izhevsk, Russia, Ukraine, West shuns Russia, Moscow, Tula

☆ The culinary delights hidden inside Hong Kong’s markets
▼ + stars: | 2023-10-20 | by ( Maggie Wong | ) edition.cnn.com time to read: +11 min

Hong Kong CNN —Offering everything from Michelin-endorsed dim sum to juicy smoked goose served in a world-renowned restaurant, Hong Kong is home to some of the finest culinary experiences on the planet. But don’t fret – we have put together a list of eight top-quality Hong Kong markets along with some of the best dishes to try. Queen Street Cooked Food MarketQueen Street Market serves some of the most authentic Chiuchow -- a regional Cantonese cuisine -- dishes. Maggie Wong/CNNA foodie haven in the north of Hong Kong, Yuen Long is a hub for both modern and traditional eateries. The relatively run-down look of the Fa Yuen Street Cooked Food Market inside only adds to the charm.

Persons: ”, Lui Ka Chun, Kongers, Lui, “, Wai Kee, Maggie Wong, Kau Kee, ngau, jyu beng, Kan, Hong Kong’s, Lok Yuen, yuen yeung, Tsang Kee, Chan Chun Kee, suckling, Tai Po Hui, Lam Kee, Tung Kee, Ping Kee, Ng Zai Kee, Bon, Tsun, CNN Kwun, Long, Tim Kee, Yuen Long, it’s, Kee’s, Fa, Mui Kee Congee, Shau Kee Wan Organizations: CNN, Hong Kong CNN, Michelin, Lok, Market, Queen, Thai &, Thai & Vietnam Cuisine, ABC, Tai Po Hui, Food, hawker, Hong Kong’s, Fa Yuen, Kitchen Locations: Hong Kong, Hong, hawker, Kong’s, Kan Kee, Kowloon City, Kowloon Walled City, Lok, Beijing, Thai, Thai & Vietnam, Tai Po, New Territories, Shanghai, Kwun Tong, CNN Kwun Tong, Kowloon, Sichuan, Yuen, Mong Kok, Aldrich, Aldrich Bay, Shau

☆ The Gems Hiding in Plain Sight in the Treasury Market
▼ + stars: | 2023-10-20 | by ( Jeff Sommer | More About Jeff Sommer | ) www.nytimes.com time to read: 1 min

You didn’t have to be a financial wizard to get a safe return of more than 7 percent on your money for decades to come. All you had to do was buy a 30-year U.S. Treasury bond in the last nine months of 1994. There were treasures elsewhere in the investment-grade bond market. Tax-free municipal bonds were paying more than 6 percent, and corporate bonds carried rates that were even higher. While interest rates have risen appreciably, I’m not confident that we are experiencing a 30-year peak with bargains galore, as the fortunate bond buyers of 1994 did.

Organizations: Treasury

In Los Angeles, Rabbi Sharon Brous, a well-known progressive activist who regularly criticizes the Israeli government, described from the pulpit her horror and feelings of “existential loneliness,” her voice breaking. From email listservs of progressive Jewish groups to protests on university campuses to social-media campaigns by prominent liberal Jewish celebrities like Sarah Silverman, the war is bringing to a head more than a decade of tensions about Israel on the American left. Interviews with dozens of liberal Jewish leaders and voters, and a review of social media posts, private emails and text chains of liberal Jewish groups, reveal a politically engaged swath of American Jewry who are reaching a breaking point. He sent hundreds of letters to Los Angeles city officials urging them to denounce the organization and label it a “hate group.” The D.S.A. Polling since the attacks indicates strong national backing for Israel, including a notable uptick in support among Democrats.

Persons: Rabbi Sharon Brous, ”, “, I’m, Sarah Silverman, Benjamin Netanyahu, Nick Melvoin, Rabbi Abraham Joshua Heschel, Martin Luther King Jr, Eric Spiegelman, Spiegelman, Biden, Trump, Israel, ” Eva Borgwardt, IfNotNow Organizations: West Bank, Democratic Party, New Israel Fund, Israel, Facebook, Jewish, Los Angeles Unified School Board, Democratic Socialists of America, Democratic, Younger, U.S, Capitol Locations: Gaza, Los Angeles, Atlanta, Israel, Angeles, Palestine, United States, America, New York City, American

☆ Mexico says Tesla factory still coming, vows infrastructure spending
▼ + stars: | 2023-10-19 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +3 min

A view shows the urban area of the municipality of Santa Catarina near the land where Tesla has indicated it could build a new gigafactory, in Santa Catarina, on the outskirts of Monterrey, Mexico February 28, 2023. Tesla announced the planned factory in the northern Mexican state in March, without providing a timeline for construction. After a fraught process for Tesla to confirm its Mexico plans, investors are closely watching the automaker's next steps in the country. Santa Catarina's Mayor, Jesus Nava, said local officials were beginning to improve infrastructure in the area where Tesla is set to build the factory. Musk on Wednesday said the company was "laying the groundwork to begin construction" in Mexico but did not yet have more definite plans.

Persons: Tesla, Daniel Becerril, Elon Musk, Musk, Jesus Nava, Jay Truesdale, Samuel Garcia, Daina Beth Solomon, Jamie Freed Organizations: REUTERS, MEXICO CITY, Mexico's, Santa Catarina's Mayor, Tesla, Nuevo Leon, Shanghai, Thomson Locations: Santa Catarina, Monterrey, Mexico, MEXICO, Leon, Mexican, Asia, United States, Santa

☆ Earn 4.5% With No Taxes? How to Invest in Municipal Bonds
▼ + stars: | 2023-10-19 | by ( Oyin Adedoyin | ) www.wsj.com time to read: 1 min

Want to get a tax-free return on your money? Put sewers and subway systems in your portfolio. The municipal bonds that state and local governments sell to pay for unsexy-sounding infrastructure projects are offering their highest yields in more than a decade. New bond investors snapped up Treasurys after interest rates surged this year, but the special tax advantages of muni bonds make them also worth a look, financial advisers say.

According to the court filing, a United Airlines gate agent told him he could not get on a flight to Kansas City with three bags. Wayans’ lawyers say the gate agent racially discriminated against him and that Denver prosecutors, by continuing to pursue charges against him, are perpetuating that discrimination and denying his right to equal protection under the law. Political Cartoons View All 1211 Images“The City of Denver’s position is an affront to constitutional and social equity principles,” Wayans’ lawyers said. They say Wayans may have brushed shoulders with the agent as he boarded. The police officers who investigated were doubtful that any crime had been committed, according to the filing, but the gate agent asked that charges be pursued.

Persons: Marlon Wayans, Wayans, ” Wayans, “, Wayans “, ” “ Organizations: DENVER, United Airlines, Kansas City, Denver, United Locations: Denver's

☆ Republicans are on the verge of electing a speaker who's never passed a bill during his 16 years in Congress
▼ + stars: | 2023-10-17 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

In that time, he's introduced 30 bills. According to Congress' online legislative tracker, Jordan's introduced just 30 bills in total throughout his time in office. As for amendments he's introduced regarding other members of Congress' legislation, the legislative tracker shows he's batting 1 for 17, amending a single bill in 2012 regarding renewable energy and biofuel. Though he's introduced very few bills while in office, Jordan's co-sponsored 949 pieces of legislation. Now, in October 2023, Jordan's on the verge of becoming speaker himself after House Majority Leader Steve Scalise dropped out of the race.

Persons: Jim Jordan, he's, —, Jordan's, Jordan, John Boehner, Steve Scalise, it's, Kevin McCarthy Organizations: Service, Republican, Politico Magazine Locations: Washington, DC's

☆ China's electric vehicle giant BYD sees Q3 net profit as much as doubling
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

People stand next to BYD Company vehicles, at the 2023 IAA Mobility auto show, in Munich, Germany, September 10, 2023. REUTERS/Angelika Warmuth/File Photo Acquire Licensing RightsCompanies BYD Co Ltd FollowHONG KONG, Oct 17 (Reuters) - Chinese electric vehicle giant BYD (002594.SZ) on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control. The Shenzhen-based company forecasts net profit for the July to September period at between 9.55 billion yuan ($1.31 billion) and 11.55 billion yuan, an increase of 67% to 102% from a year earlier. "Despite the increasingly intensified competition in the automobile industry in the third quarter, the company continued to record profit," BYD said in the filing. Net profit in the nine months through September is expected to rise 120-142% year-on-year to between 20.50 billion yuan and 22.50 billion yuan, it said, up from a net profit of 9.31 billion yuan in the year ago period.

Persons: Angelika Warmuth, BYD, Twinnie Siu, Jan Harvey Organizations: BYD Company, REUTERS, BYD, Tashkent Municipal, Thomson Locations: Munich, Germany, HONG KONG, Shenzhen, Uzbekistan, Tashkent

The individuals' accounts varied but were consistent in describing heightened scrutiny of overseas travel even after China reopened borders in January. Reuters is reporting these measures and the scope of some post-COVID travel curbs for the first time. NEW LIMITSRestrictions on personal foreign travel have long applied to senior government officials and state executives with access to confidential information. MAPPING CONNECTIONSChinese authorities are also scrutinising personal foreign ties, according to a document seen by Reuters, one of the 10 people who discussed travel curbs and three other state-enterprise workers with knowledge of the matter. Thomas said the travel curbs in particular would have implications for China's interactions with the world.

Persons: Carlos Garcia Rawlins, Xi, Neil Thomas, Thomas, Wang Zhi'an, Engen Tham, Julie Zhu, Kane Wu, Xie Yu, Martin Quin Pollard, David Crawshaw, Vidya Ranganathan Organizations: REUTERS, Rights, Reuters, Asia Society, Center for, State, Information Office, Communist Party, China Construction Bank, China Development Bank, National Council for Social Security Fund, Municipal Eco, Communist, Communist Youth League, Ministry of State Security, U.S . Central Intelligence Agency, CIA, Beijing, Thomson Locations: China, Beijing, Rights SHANGHAI, HONG KONG, Center for China, Washington, Shanghai, Zhejiang, Hong Kong, Singapore, Ningbo, Wenzhou, Japan, Italy

ORLANDO, Fla. (AP) — Disney attorneys want to question a previous administrator of the governing district that provides municipal services to Walt Disney World as part of its defense against a state lawsuit brought by a board made up of appointees of Florida Gov. The agreements were signed in February before the district takeover by the DeSantis appointees, who claim the contracts neutered their powers. The appointees are now suing Disney in state court in an attempt to void the deals. One of the arguments the DeSantis appointees make about why the agreements should be voided is that they weren't properly publicized. Political Cartoons View All 1211 ImagesDisney has filed counterclaims in the state lawsuit which include asking the state court to declare the agreements valid and enforceable.

Persons: —, Ron DeSantis, John Classe, DeSantis, Glen, Mike Schneider Organizations: — Disney, Walt Disney, Florida Gov, Central, DeSantis, Republican, Florida Legislature, Disney, Classe Locations: ORLANDO, Fla, Central Florida, Florida, Glen Gilzean, Classe

☆ 'Higher for longer' isn't just about rates: Here's how to play elevated everything
▼ + stars: | 2023-10-14 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Each "higher for longer" item carries investment implications. Here's a look at how each category breaks down: Interest rates "I do subscribe to the new moniker, 'higher for longer.' That statement came from someone who nevertheless thinks the central bank doesn't have to take rates any higher than where they are now. Defense spending Geopolitical tensions, such as the wars in Ukraine and Israel, as well as the "cold war in Asia," should lead to an increase in defense spending around the world. In 2022, global defense spending hit a record $2.2 trillion, Quinlan said, citing Stockholm International Peace Institute data.

Persons: Joseph Quinlan, Merrill Lynch, Quinlan, Patrick Harker Organizations: Federal Reserve, Bank of America Private Bank, Philadelphia Fed, Investors, Defense, Stockholm International Peace Institute Locations: Israel, U.S, Ukraine, Asia, Stockholm, Washington

[1/5] A new building for earthquake survivors is under construction in Diyarbakir, Turkey August 26, 2023. With work underway on a fraction of the planned new buildings in the devastated city of Adiyaman, Kaplan fears a long wait together with his disabled wife and other survivors. One senior government official with direct knowledge of the reconstruction plan said the target could be missed, citing insufficient fresh funding to hold new tenders amid rising costs. They both said the effort had taken a blow when fewer companies bid for the reconstruction tenders after a post-election economic policy U-turn in June sent the currency plunging. "Our budget resources have been prepared for this huge, comprehensive project and can be updated when necessary," Erdogan's office said.

Persons: Stringer, Ismet Kaplan, Tayyip Erdogan, Erdogan, Kaplan, Bayir, Adiyaman, Turkey's, Mehmet Ozhaseki, Arvid Tuerkner, Mert Arslanalp, Erdogan's, Arslanalp, Mehmet Simsek, Simsek, Tahir Tellioglu, Tellioglu, Umit, Ezgi Erkoyun, Nevzat Devranoglu, Jonathan Spicer, Frank Jack Daniel Our Organizations: REUTERS, Rights, Reuters, Union of Chambers of Turkish Engineers and Architects, Coordination Council, European Bank for Reconstruction, Erdogan's AK, Istanbul's Bogazici University, TAG, Construction, Thomson Locations: Diyarbakir, Turkey, Rights ISTANBUL, Adiyaman, Netherlands, Belgium, Syria, Hatay, Malatya, Gaziantep, Istanbul, Ankara

Many European capitals have restrictions on gasoline and diesel cars, but Strömgren says Stockholm’s complete ban would be a first. “We need to eliminate the harmful exhaust gases from (gasoline) and diesel cars. The mayor of Paris wanted to ban all diesel cars before next year’s Olympics, and gasoline cars by 2030, but has run up against resistance. Currently, any diesel cars built before 2006 and gasoline cars built before 1997 are banned in Paris and 77 surrounding towns for 12 hours a day on weekdays. The ban will expand in 2025 for diesel cars built before 2011 and pre-2006 gasoline vehicles.

Persons: Lars Strömgren, Strömgren, Stockholm’s, ” Strömgren, Pernilla Samuelsson, “, ” Samuelson, Nike Örbrink, ___ Jan Olsen, Mike Corder, Angela Charlton Organizations: STOCKHOLM, Greens, Associated Press, Taxi, Nike, Democrats, Aftonbladet Locations: Stockholm's, Swedish, Old, Taxi Stockholm, Amsterdam, Paris, Copenhagen, Denmark, The Netherlands, France

☆ Get tax-exempt income on the cheap as bond shake-up hits munis
▼ + stars: | 2023-10-12 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Tax-exempt income and relative safety are on sale for investors who are sniffing around municipal bonds. Tax-exempt income Interest income from municipal bonds is exempt from federal income tax — and can avoid state and local levies, too, if an investor and the bond issuer are in the same jurisdiction. This feature makes munis especially attractive to high-income investors in the 32% marginal federal income tax bracket and higher. Investors weighing a tax-exempt municipal bond against a corporate bond would do well to check out the tax equivalent yield. Schwab's Howard noted that the 5- to 7-year part of the municipal bond curve is favorable.

Persons: MUB, Nathan Will, Will, it's, Cooper Howard, Schwab's Howard, Shannon Saccocia Organizations: Federal Reserve, Muni Bond ETF, Vanguard, AAA, Bond, ., New York Life Investments, Schwab Center, Financial Research Locations: munis, muni

☆ I downsized from my city apartment to a tiny house in the countryside to save money – but my cost of living increased instead
▼ + stars: | 2023-10-12 | by ( Brooke Morton | ) www.businessinsider.com time to read: +8 min

AdvertisementAdvertisementThis as-told-to essay is from an interview with Stacie DaPonte, 31, about living in a tiny house outside Toronto. That set me researching what it would take to downsize to a tiny house in the countryside. The benefits of living in a tiny house in the countryMy front yard is a river and I'm surrounded by ducks. AdvertisementAdvertisementI couldn't buy the tiny house all at once with cash, so I am paying off a line of credit. Tiny living is a reality I hope more people see and read about.

Persons: Stacie DaPonte, DaPonte, —, I've, It's, I'm Organizations: Service, Facebook, Gas Locations: Toronto, Ontario, Barrie

(AP) — Regulators on Thursday gave the go-ahead for a multistate wind-energy power line to provide the equivalent of four nuclear power plants' worth of energy to Missouri consumers. At issue is the Grain Belt Express, a power line that will carry wind energy from Kansas across Missouri and Illinois before hooking into a power grid in Indiana that serves eastern states. Under the new plan, approved 4-1 by Missouri's Public Service Commission, Grain Belt Express plans to bring as much as 2,500 megawatts of power to Missouri. Previously, state utility regulators approved a line that would have brought only 500 megawatts of energy to the state. The project will help unlock $7.5 billion in energy cost savings in Missouri and Illinois, according to its developers.

Persons: Invenergy, ”, Ray McCarty, Kayla Hahn, she's, ” Hahn, “ Organizations: COLUMBIA, — Regulators, Missouri's Public Service Commission, Investment, Associated Industries of Locations: Mo, Missouri, Kansas, Illinois, Indiana, Chicago, Associated Industries of Missouri

☆ Israel, Hamas at war: Latest Updates
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +8 min

* The International Committee of the Red Cross said it was in touch with both Hamas and Israel about the hostages. * "There are no wreaths left in Israel anymore," said one of the many volunteers working to prepare funeral flowers for more than 1,200 Israelis killed since Hamas gunmen burst into Israel. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. INTERNATIONAL REACTION* Initial U.S. intelligence reports show that key Iranian leaders were surprised by the unprecedented attacks on Israel by Hamas, according to a source. INSIGHTS/EXPLAINERS* How a secretive Hamas commander masterminded the attack on Israel.

Persons: Israel, Fabrizio Carboni, I'd, Mohammaalal, gravediggers, Violeta Santos Moura, Pope Francis, Antony Blinken, Blinken, Jordan, Mahmoud Abbas, Tayyip Erdogan, Ursula von der Leyen, Mohammed Deif Deifly, Amir YaronYaron, Janet Yellen, I'm, Stephen Farrell, Gerry Doyle, Andrew Cawthorne, Lisa Shumaker, Michael Perry Organizations: Red, Hamas, Israel, Committee, ICRC, REUTERS, Saudi, Big, West Bank, Palestinian, Airlines, Norwegian Air, Dutch KLM, Air, Bank of Israel, . Treasury, Thomson Locations: Gaza, Israel, U.S, Egypt, huddling, U.N, Palestinian, Tel Aviv, Beeri, Sderot, EU, Jerusalem, Air France, Saudi Arabia

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