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When COVID forced kids into remote school, the city of Las Vegas learned many couldn't get online. A grant helped officials build a private 5G network that connected hundreds of students for free. "So we successfully hooked up several hundred students onto our private 5G network, which gave them connectivity from their homes through the city's network to their schools." This would be supplemented by commercial carriers such as Verizon and AT&T in areas where the private network wouldn't reach. Looking ahead, Ahmed sees many use cases for a private 5G network and expects them to grow in popularity as cities harness the power of artificial intelligence to create safer environments.
Persons: COVID, , Michael Sherwood, Sherwood, Clark, Shahid Ahmed, Ahmed, they've, Bill Baver, Baver Organizations: Service, Clark County School District, Economic Development Administration, Private, Verizon, AT, Las Vegas, Nippon Telegraph, Telephone Corp, Frankfurt Airport, NTT, City Hall, Smart Solutions Locations: Las Vegas, Vegas, Clark County's, Las, Germany
Right now, California Forever is just a website with some ideology and a handful of hopeful sketches with a faintly socialist-utopian flair. AdvertisementAdvertisementCities of the future of the pastThe California Forever art illustrations show at a place that'll look startlingly familiar. Point is, the garden city remains a dream honored more in the breach — in pitches like the one for California Forever. Just about 60 miles southeast of the California Forever site is a residential development called Mountain House. It's what plans like California Forever look like when brick starts getting laid.
Persons: Daniel Burnham, Burnham, Marc Andreessen, Chris Dixon, Michael Moritz, Laurene Powell Jobs, Collison, Flannery, Peter Thiel, Goldman, Jan Sramek, Sramek, Ebenezer Howard, Howard, What's, Foreverville, That's, it's, Banks, John Nash's London, what's, It's, Walt Disney, Gabriel Metcalf, BH Bronson Johnson, Dan Parolek, Adam Rogers Organizations: Travis Air Force Base, New York Times, Flannery Associates, Industry, Truman, California, Western Railway, California Forever, St, BH Locations: Chicago, California, Solano County, Sacramento, Solano, Silicon, Los Angeles, England, Japan, New York, Philadelphia, Seaside , Florida, Pontevedra, Spain, Paris, Tempe, doesn't, Foreverville, Pirates, Caribbean, Toronto, Culdesac
The first phase of the construction of the Northvolt Six factory just outside Montreal will begin this year and it is expected to be operational in 2026. Northvolt will invest $3.2 billion of the total with the local and federal government each contributing $1 billion, Northvolt Co-Founder Paolo Cerruti told Reuters. "We looked at 70 different sites at the beginning of this process," Cerruti said. The $369-billion U.S. Inflation Reduction Act (IRA) passed last year has prompted companies including Northvolt to look across the Atlantic, attracted by hefty subsidies and cheaper energy. "This size of investment and project can not happen if you don't have an anchor customer," he said.
Persons: Northvolt, Paolo Cerruti, Cerruti, Supantha Mukherjee, Divya Rajagopal, Kirsten Donovan Organizations: Reuters, Northvolt, Canada, Ontario, BMW, RIC, Volvo, Thomson Locations: STOCKHOLM, TORONTO, Swedish, Quebec, Canadian, Montreal, Northvolt North America, United States, Canada, Scania, North America, Stockholm, Toronto
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally PHOTO:while campaigning for the presidential election in Seoul, South Korea March 8, 2022. The Seoul Central District Court ruled against prosecutors who sought Democratic Party leader Lee Jae-myung's arrest, saying there were insufficient grounds to support their argument that he may try to destroy evidence. Lee welcomed the decision and thanked the court as he walked out of a holding centre soon after the ruling, which came well after midnight. Lee had narrowly lost to conservative Yoon, a career prosecutor, in the presidential election last year. Some members of Lee's party joined the conservative ruling party in voting last week to lift Lee's immunity from arrest as a member of parliament, drawing criticism within the party.
Persons: Lee Jae, myung, Kim Hong, Lee, Han Dong, hoon, Yoon Suk, Yoon, Hyunsu Yim, hyang Choi, Jack Kim, Gerry Doyle Organizations: South Korea's Democratic Party, REUTERS, Rights, Seoul Central, Court, Democratic Party, Thomson Locations: Seoul, South Korea, Rights SEOUL, Japan, North Korea, Gyeonggi Province, Seongnam
SEOUL, South Korea (AP) — North Korea says it plans to expel a U.S. soldier who crossed into the country in July. Other Americans have entered North Korea over the years, including a few U.S. soldiers. Five months later, North Korea announced it was expelling Lowrance who had entered the country illegally through China. While North Korea officially guarantees freedom of religion, analysts and defectors describe the country as strictly anti-religious. In 2009, American missionary Robert Park walked into North Korea with a Bible in his hand to draw attention to North Korea’s human rights abuses.
Persons: CHARLES JENKINS, Charles Jenkins, Jenkins, Hitomi Soga, Soga, BRUCE BYRON LOWRANCE, Bruce Byron Lowrance, Donald Trump, Kim Jong Un, Lowrance, – Kim Dong Chul, Tony Kim, Kim Hak, , Mike Pompeo, MATTHEW MILLER, Matthew Miller, Miller, Barack Obama, Kenneth Bae, Weeks, KENNETH BAE Bae, Bae, James, JEFFREY FOWLE, Jeffrey Fowle, Tony Hall, Robert Park, OTTO WARMBIER Otto Warmbier, Warmbier, Warmbier’s, , — Fred, Cindy Warmbier — Organizations: Army, North, Washington, Trump, Associated Press, of Virginia Locations: SEOUL, South Korea, North Korea, U.S, Rich Square , North Carolina, North Korean, Japan, China, North, United States, Kim, Bakersfield , California, Pyongyang’s, Pyongyang, Korean, Lynnwood , Washington, Ohio, Chongjin, New York, Washington
Turkey still has $2.5 billion earmarked in its budget for issuance this year - but could possibly go further than that, JPMorgan's Weiler told Reuters. Markets are expecting Turkey to come to market within days, though some are pointing to a country ratings review by S&P Global Ratings scheduled for Friday. Domestic appliance maker Arcelik last week became the first Turkish corporate to launch an international bond since January 2022. September is generally a busy month for emerging market issuers, though adding to the momentum was increasing risk appetite from investors, he said. Reporting by Karin Strohecker and Jorgelina do Rosario in London; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Persons: Stefan Weiler, Tayyip Erdogan, JPMorgan's Weiler, Weiler, Erdogan, Mehmet Simsek, Hafize Gaye Erkan, Fitch, " Weiler, Karin Strohecker, Jacqueline Wong Organizations: JPMorgan, Reuters, Wall Street, Turkiye, . Treasury, Thomson Locations: Ankara, Turkey, Africa, Rosario, London
Under the new legislation, the monitor will conduct inspections and investigations for the 2023 municipal election and the 2024 state election in Bridgeport. The possible electoral fraud incident is already the subject of a state elections investigation and a civil lawsuit filed by the candidate who lost the primary. Republicans in the Democratic-controlled General Assembly insisted Connecticut must take more steps to tighten its electoral laws and ensure confidence in elections across the state. “It's necessary to show the people of Connecticut that we're not going to tolerate people undermining our election process,” said state Sen. The $150,000 for the election monitor had been approved earlier this year for the two-year position, but it was mistakenly sent to the wrong state agency.
Persons: we're, , Sen, Rob Sampson, Sampson, Matt Ritter, ” Ritter, Bridgeport Sen, Marilyn Moore, Joseph Ganim, that's, Ned Lamont's, John Gomes, Gomes, Bridgeport’s, Ganim, Organizations: Republicans, Democratic, Republican, Democrat Locations: HARTFORD, Conn, Connecticut, Bridgeport, Wolcott, Hartford, New York, Pennsylvania, Bridgeport’s
New Orleans Mayor LaToya Cantrell signed an emergency declaration Friday in response to concerns that salt water encroaching upriver could affect the availability of safe drinking water in the coming weeks. Treasure hunters comb the shoreline of the Mississippi River after it was exposed by low water levels on October 18, 2022 near Portageville, Missouri. Around 2,000 residents in Plaquemines Parish, south of New Orleans, were already relying on bottled water this summer after salt water infiltrated the area's water systems. The mouth of the Mississippi River sits substantially below sea level, which means some salt water from the Gulf of Mexico naturally creeps inland. Salt water is denser than fresh water, so it flows like a wedge along the riverbed underneath the fresh water of the Mississippi.
Persons: Stephen Murphy, LaToya Cantrell, Murphy, we've, John Bel Edwards, Nature, Col, Cullen Jones, We've Organizations: Tulane University's School of Public Health, Tropical Medicine, Louisiana Gov, Army Corps of Engineers, Army Corps, Corps, New, New Orleans District Locations: Mississippi, Tiptonville, Tenn, New Orleans, Louisiana, Gulf, Mexico, Portageville , Missouri, Belle Chasse, Plaquemines Parish, Lower Mississippi
Heavy rains in Guatemala kill 6, leave 13 missing
  + stars: | 2023-09-25 | by ( Sofia Menchu | ) www.reuters.com   time to read: +1 min
GUATEMALA CITY, Sept 25 (Reuters) - Heavy rains overnight caused a river in Guatemala's capital to burst its banks, killing at least six people and leaving 13 others missing, authorities said on Monday. Six homes were swept away after the Las Vacas river, which runs through Guatemala City, overflowed in an area about three km (1.8 miles) south of downtown, Guatemala's national disaster agency Conred said. The girl killed was likely between three and five years old, Conred field technician Kevin Escobar told journalists. Before Sunday evening's rains, at least 29 people had been killed due to flooding in Guatemala this rainy season, according to Conred. Reporting by Sofia Menchu; Writing by Kylie Madry; editing by Rami Ayyub and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Conred, We've, we'll, Sergio Cabanas, Kevin Escobar, Alejandro Giammattei, Sofia Menchu, Kylie Madry, Rami Ayyub, Sandra Maler Organizations: GUATEMALA CITY, Twitter, Thomson Locations: GUATEMALA, Guatemala's, Guatemala City, downtown, Guatemala
Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El Paso TEXAS Austin Houston San Antonio Corpus Christi UNCHARTED WATERS ‘Monster Fracks’ Are Getting Far Bigger. Water wells that supply fracking Nationwide, fracking has used up nearly 1.5 trillion gallons of water since 2011. Now they account for almost two out of every three fracking wells in Texas, the Times analysis found. ‘Monster fracks’ take off in Texas Proportion of fracks Source: FracFocus chemical disclosure database as of Aug. 1, 2023. In 2020, New Mexico halted sales of water supplies to oil and gas companies fracking on state land.
Persons: fracking, Sergio Flores, , , Peter Knappett, Eagle Ford, Holly Hopkins, Apache, Chevron, Ovintiv, Ronald T, Wintergarten, it’s, Green, Bruce Frasier, you’ve, Mr, Frasier, Bill Martin, Eleanor Lutz “, Dan Yates, Martin, Mario, Sharon Chischilly, Mario Atencio’s, Atencio, Julia Bernal, Kevin Chan, Chan, ” Rich Coolidge, frackers, irrigates, Claire O'Neill, Matt McCann, Umi Syam, Jesse Pesta, Douglas Alteen Organizations: Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San, Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS, Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El, Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El Paso TEXAS Austin Houston San, Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El Paso TEXAS Austin Houston San Antonio Corpus, The New York Times, New York Times, Times, Texas, M University, Eagle, University of Texas, BP, Apache Corporation, Southwestern Energy, Chevron, American Petroleum Institute, La, RTI International, Oil, Gas Compact, Rystad Energy, The New York Times Industry, Colorado State University, Salle, Resources, Workers, Navajo Nation, New, Pueblo Action Alliance, Noble Energy, Civitas Locations: Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS, Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas, Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El Paso, Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El Paso TEXAS Austin Houston San Antonio, Texas, La Salle County , Texas, America, Cotula , Texas, hydrogeology, Saudi Arabia, Austin, fracking, Ovintiv, New Mexico, In Colorado, La Salle, La Salle County, Wintergarten, Laredo, Rio, Dimmit, Evergreen, Big Springs, Texas , Colorado , Oklahoma, California, FracFocus, Big Wells , Texas, Carizzo Springs, “ In Texas, Denver, ” New Mexico, Colorado
Many communities in south Louisiana rely on the Mississippi’s fresh water, with their water intake treatment facilities located along the river. Unimpeded salt water continues to creep upriver and threatens municipal drinking water. Edwards warns that other parishes may soon be affected by the salt water, including Orleans, St. Bernard and Jefferson. Instead, residents will be notified in advance if salt water will affect their area. And not just in Louisiana, but further north to strengthen the river’s flow,WILL THE SALT WATER AFFECT OTHER THINGS?
Persons: Mark “, Cognevich, ” Cognevich, Matt Roe, Edwards, Bernard, Jefferson, Louisianans, , ” Edwards Organizations: U.S . Army Corps of Engineers Locations: BATON ROUGE, La, Louisiana, Plaquemines Parish, Mississippi, Gulf, Mexico, New Orleans, Minnesota, United States, Orleans, St, Port of South Louisiana
Miriam parked and called Lieutenant Alex from her car, keeping close watch over the two young women. Both were young, in their mid-twenties, one with black hair, the other nearly blonde. Since reaching out to Lieutenant Alex, Miriam had discovered that the Marines worked in an entirely different way from the police. On the phone, Miriam persuaded Lieutenant Alex that the two women in the plaza almost certainly knew what had happened to Karen, or at least knew someone who did. The Marines had brought along Margarita and Jessica, who directed them to the ranch in the Basurero.
Persons: Miriam, Alex, Margarita, Jessica, Karen, Luis Organizations: Marines, Zetas, Zeta
[1/3] French Senate President Gerard Larcher arrives to attend a state dinner in honor of Britain's King Charles and Queen Camilla at the Chateau de Versailles (Versailles Palace) in Versailles, near Paris, on the first day of their State visit to France, September 20, 2023. REUTERS/Hannah McKay/File Acquire Licensing Rights Read morePARIS, Sept 24 (Reuters) - France's centre-right Les Republicains (LR) party maintained its majority in the Senate after Sunday's vote, in which three senators from Marine Le Pen's far-right party were elected. The Senate is indirectly elected by France's mayors as well as regional, departmental and municipal councillors. Le Pen's Rassemblement National had been widely expected to make a new breakthrough in the Senate but the score of three wins was above expectations. Under France's Fifth Republic, the Senate has less influence over legislating than the National Assembly, the lower house of parliament.
Persons: Gerard Larcher, Britain's King Charles, Queen Camilla, Hannah McKay, Les Republicains, Le Pen's, Sonia Backes, Emmanuel Macron's, Macron, Michel Rose, Sybille de La, Matthew Lewis Organizations: Chateau, REUTERS, State, France's Fifth, National Assembly, Socialist, Thomson Locations: Versailles, Paris, France, PARIS, Marine, Rassemblement, New Caledonia, France's Fifth Republic
In short, Russia’s children are being prepared for war. Education Minister Sergei Kravtsov said recently that there are now about 10,000 so-called “military-patriotic” clubs in Russian schools and colleges, and a quarter-of-a-million people take part in their work. There are mandatory classes on military-patriotic values; updated history books accentuate Russian military triumphs. President Putin has personally led the campaign to inject patriotism into Russia’s schools. That message - hammered home by the president and state media - is now being taken into Russia’s schools.
Persons: Sergei Kravtsov, Vladimir Putin, , , ” Putin, Ukraine “, Putin, , Vyacheslav Gladkov, Uliana Shumelova, schooler, Sergei Shoigu, Shoigu, Daria, Vladimir, Ukraine –, Buryatia, She’d, It’s Organizations: CNN, Education, Security, Defense, Education Ministry, Novosti, RIA Novosti, Russia, Kremlin, Educational, Ministry of Defense, Air Defense, United, , Northern Military District, Military Sports Games, Defense Ministry, Armed Forces Russian Federation Locations: Pacific, Ukraine, Moscow, Russian, Russia, Crimea, Ukrainian, stoke, Belgorod, Krasnodar, Vologda, Sakhalin, Russia’s Far, Yeysk, Azov, Astrakhan, United Russia, Vladivostok, Voronezh, Ussuriysk, Buryatia, Chita trumpeted, Orenburg, Polish, Perm, State
South Korea opposition leader ends 24-day hunger strike
  + stars: | 2023-09-23 | by ( ) www.reuters.com   time to read: +2 min
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally while campaigning for the presidential election in Seoul, South Korea March 8, 2022. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Sept 23 (Reuters) - South Korea's opposition leader ended a 24-day hunger strike on Saturday, a party spokesperson said, two days after parliament voted to let prosecutors serve an arrest warrant against him for alleged bribery. Lee Jae-myung, leader of the Democratic Party of Korea, will maintain a schedule including court attendance while hospitalised for the time being, the spokesman told reporters. Lee, who lost South Korea's presidential election to conservative Yoon Suk Yeol last year, has denied wrongdoing, calling the allegations "fiction" and a "political conspiracy". South Korea is to hold parliamentary elections in April.
Persons: Lee Jae, myung, Kim Hong, Lee, . Lee, Yoon Suk Yeol, Joyce Lee, William Mallard Organizations: South Korea's Democratic Party, REUTERS, Rights, Democratic Party of Korea, Prosecutors, South, Police, Gyeonggi Nambu Provincial Police, Thomson Locations: Seoul, South Korea, Rights SEOUL, North Korea, Gyeonggi Province, Seongnam, ., Lee's
Close to 4,000 people died in the floods and 9,000 more are still unaccounted for, according to the World Health Organization. Schools-turned-shelters in Derna list the names of their inhabitants on their doors to help people like Abu Bakr. Piles of cars and trees brought by the water block streets in Derna. If you make problems, then you become suspicious.”“I hope to wake up one day (and) find the city still standing. Yet, in streets ravaged by the floods, residents of the buildings still standing were adamant on staying in their homes.
Persons: Sarah El Sirgany, CNN Abu Bakr, Abu, ” Karima, Salma, who’s, , , ” Salma, Agilah Saleh, ” Mohamed Eljarh, Eljarh, Moftah, Hanshiry, Derna Organizations: CNN, World Health Organization, Local, Schools, Facebook, Libyan National Army Locations: Libyan, Derna, Abu Bakr, Libya, Salem el
(AP) — The Mississippi Supreme Court on Thursday struck down part of a state law that would have authorized some circuit court judges to be appointed rather than elected in the capital city of Jackson and the surrounding county, which are both majority-Black. Tate Reeves were usurping local autonomy in Jackson and Hinds County, which are governed by Democrats. Circuit judges hear criminal cases for felonies such as murder and aggravated assault. In May, Hinds County Chancery Judge Dewayne Thomas dismissed the Jackson residents’ lawsuit days after he removed Randolph as a defendant. U.S. District Judge Henry Wingate temporarily put the law on hold, which has blocked Randolph from appointing the four temporary circuit court judges.
Persons: JACKSON, Critics, Jackson, Ann Saunders, Dorothy Triplett, Jackson aren’t, Triplett, Tate Reeves, Hinds, , Mike Randolph, Dewayne Thomas, Randolph, Thomas, Henry Wingate, Wingate, “ Jackson, Organizations: Mississippi Supreme, Capitol Police, Republican, Republican Gov, Democrats, Jackson, NAACP, Mississippi ., District Locations: Miss, Mississippi, Jackson, Hinds, Hinds County, Mississippi . U.S
S & P Dow Jones Indices on Thursday released its mid-year 2023 SPIVA (S & P Indices Versus Active) Scorecard. This is semi-annual study tracks how active fund managers are performing against their benchmarks and is considered the gold standard to measure active performance. Only 48% of mid-cap managers lagged the S & P MidCap 400, and only 28% of small-cap managers lagged the S & P SmallCap 600. After 1 year, 61% of large cap managers underperform the S & P 500, and it only gets worse from there. Long-term active management is a fundamental problem The problems active managers confront are not temporary.
Persons: Dow, Tiny, Craig Lazzara, Lazzara Organizations: Dow Jones, Microsoft, Nvidia, Tesla Locations: Underperformance
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally while campaigning for the presidential election in Seoul, South Korea March 8, 2022. The vote means Democratic Party leader Lee Jae-myung will face court to contest his arrest over the charges. Members of parliament have immunity against arrest when the assembly is in session unless its members vote to rescind it with a simple majority. Lee's Democratic Party holds 167 seats in the 297-member parliament. President Yoon is currently in New York to attend the United Nations General Assembly.
Persons: Lee Jae, myung, Kim Hong, Han, Han Duck, Yoon Suk Yeol, Democratic Party's Lee, Lee, Yoon, Hyunsu Yim, Jason Neely Organizations: South Korea's Democratic Party, REUTERS, Democratic Party, Democratic, United Nations General Assembly, Thomson Locations: Seoul, South Korea, SEOUL, North Korea, Gyeonggi Province, Seongnam, New York, Korea's
[1/2] A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond. Cities led by Baltimore, Philadelphia and San Diego accused the banks of colluding to raise rates on more than 12,000 variable-rate demand obligations (VRDOs) from 2008 to 2016. Cities accused the eight banks of conspiring not to compete for remarketing services, and artificially inflating rates by sharing information about bond inventories and planned rate changes. The case is Philadelphia et al v Bank of America Corp et al, U.S. District Court, Southern District of New York, No.
Persons: Carlos Osorio, Jesse Furman, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells, San Diego, Banks, Furman, Dan Brockett, Jonathan Stempel, Marguerita Choy Organizations: Royal Bank of Canada, REUTERS, U.S, Bank of America, Barclays, Citigroup, JPMorgan, Municipal Securities Rulemaking Board, al, Bank of America Corp, Court, Southern District of, Thomson Locations: Toronto , Ontario, Canada, Manhattan, Baltimore, Philadelphia, San, colluding, U.S, Southern District, Southern District of New York, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravel and service strength is a tailwind for airport MUNIs, says Neuberger Berman's Jamie IselinJamie Iselin, head of municipal fixed income at Neuberger Berman, joins 'The Exchange' to discuss tax-free MUNI bonds moving higher in response to interest rates, the changing landscape of the MUNI market returns, and momentum growing in the airport bond market.
Persons: Neuberger Berman's Jamie Iselin Jamie Iselin, Neuberger Berman Organizations: MUNIs
Since the central bank kicked off its policy-tightening campaign in March 2022 — boosting interest rates 11 times — income investors have benefited from higher yields on Treasurys, money market funds and certificates of deposit. "From here, even if rates go higher you are locking in some really good income." If you're willing to sacrifice a little bit of liquidity, select banks will pay even higher yields. Drivers of those increases include higher-for-longer interest rates, and competition from Treasurys and money market funds, Graseck added. Money market funds Rates on money market funds have also jumped substantially since the rate-hiking campaign started.
Persons: Greg McBride, reinvest, US2Y, Treasurys, Sameer Samana, Sallie Mae, Morgan Stanley's Betsy Graseck, Graseck, — CNBC's Michael Bloom, Nick Wells Organizations: Federal Reserve, Fed, Treasury, Wells, Wells Fargo Investment Institute, Savings, Synchrony, Bread Financial, Investment Company Locations: maturities, Wells Fargo
Imagine these sorts of risk, and the men and women enduring its nerve-wracking toll nightly, when you next hear talk of the progress of Ukraine’s counteroffensive. But make no mistake: this is perhaps the most important moment for European security since the Berlin Wall fell, or even 1945. Ukraine’s forces are nowhere near where they hoped they would be as fall draws in. Russian President Vladimir Putin is presumably counting on winter to strengthen his position. It was the rationale behind not supplying Ukraine with longer-range missiles that could strike Crimea or Russian territory bordering Ukraine.
Persons: Volodymyr Zelensky, Oliver Weiken, Vladimir Putin, Joe Biden, Donald Trump, – Putin, Kim Jong Un, Klaus Iohannis, it’s Organizations: CNN, Ministry of Defense, Marines, Bradley, Washington, Republican, North, Kremlin, NATO Locations: Orikhiv, Robotyne, Mariupol, New York, Tokmak, Crimea, Russia, Kherson, Moscow, Russian, Kharkiv, Kyiv, Ukrainian, European, Ukraine, China, Romania, Bulgaria, Tyulenovo
High-yield online savings accountsThe average annual percentage yield on bank savings accounts was just 0.56%, according to a September 11 survey from Bankrate. But many online, FDIC-insured banks are offering well north of 5% on their high-yield savings accounts. But don’t confuse money market accounts with money market mutual funds. And while money market funds are typically very safe investments, they may have fees and withdrawal restrictions. As of September 19, CDs listed on Schwab.com with durations of three months, six months, nine months, one year and 18 months were all yielding 5.5% or more.
Persons: , they’ve, Lazetta Rainey Braxton, Braxton, you’ve, , Doug Ornstein, Ken Tumin, Schwab, you’ll, Tumin, , Andy Smith, Ornstein, Don’t, doesn’t, ” Smith Organizations: New, New York CNN, Federal, JPMorgan Chase, Bank of America, Wealth Partners, TIAA Wealth Management, Fidelity, Treasury, Edelman, AAA Locations: New York, United States
The logo for Morgan Stanley is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. The plaintiffs said Morgan Stanley convinced them to invest about $281 million, but hid details of a Brightline preferred share transaction that should have required the loan be prepaid at a "make-whole" amount they estimated at $750 million. Morgan Stanley was also accused of having swapped out one document with the signature of a Certares affiliate, to make it seem like the affiliate had read and agreed to the preferred share transaction. In a statement, Morgan Stanley said "the firm does not believe the claims have merit and will defend itself vigorously." The case is CK Opportunities Fund I LP et al v Morgan Stanley Senior Funding Inc et al, New York State Supreme Court, New York County.
Persons: Morgan Stanley, Andrew Kelly, Morgan, Brightline, Tatiana Bautzer, Jonathan Stempel, Rosalba O'Brien Organizations: New York Stock Exchange, REUTERS, Certares Management, Knighthead Capital Management, Brightline Holdings, Fortress Investment Group, Las, New York, Court, Thomson Locations: Manhattan , New York City, U.S, New York, Manhattan, Florida, Los Angeles, Las Vegas, Brightline, New, Court , New York County
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