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But home prices are still on the rise, according to a November 28 note from Selma Hepp, the chief economist at CoreLogic. The outcome is that many remain renters, which drives up demand for rental property and the cost of rent. If the cost of rent is 20% below the price of owning a home monthly, then it may be comparable. Rent prices are based on listings from Rent.com. For example, take the cost of rent over five years; let's say it's $3,000 x 12 months = $36,000 annually.
Persons: Selma Hepp, they'll, Suzanne Miller, Miller, Price, Shmuel Shayowitz, Shayowitz Organizations: Business, Home, Empire State, Seattle -, Dallas, Fort, Redfin, Kansas, Jacksonville, Birmingham, NA Milwaukee, Phoenix, Boston, Orlando, Virginia, KY, UT, Oklahoma Locations: Redfin . Metro, Seattle, Dallas, Seattle - Tacoma, Bellevue, Everett, Tacoma, Fort Worth, Metro, Columbus, Providence, RI, Kansas City, Angeles, Buffalo, NY, Indianapolis, York, Hartford, Jose, Antonio, Minneapolis, Detroit, MI, Virginia Beach, Louis, Washington, San Diego, Atlanta, Richmond, Cincinnati, San Francisco, Philadelphia, Tampa, WA, Denver, Riverside, CA, Cleveland, Baltimore, Pittsburgh, Charlotte, NC, Orleans, LA, Nashville, TN, Memphis, Raleigh, Louisville, Jefferson County, Houston, Salt Lake City, Miami, Chicago, Sacramento, Vegas, Portland, Austin, New York City
The ongoing investments in the U.S. reflect a long-running rift between U.S. Catholic bishops and the pope on how to address global warming. The pope's Laudato Si encyclical urged immediate action against climate change, declaring that "highly polluting fossil fuels need to be progressively replaced without delay." The Vatican bank, which is separate from APSA, also does not invest in fossil fuels, a bank official said. A CCF official said energy and fossil fuels stocks make up between 3.5% and 6% of archdiocese investment funds, and that CCF uses its shareholder status to press for corporate environmental improvements. He called the enormous financial gains by oil companies "immoral profits."
Persons: Pope Francis, Dan DiLeo, Peter Marlow, Remo Casilli, Anne, Marie Welsh, William Lori, Bernard Hebda, Saint, Joshtrom Kureethadam, Chieko Noguchi, Noguchi, USCCB, Sabrina Danielsen, Danielson, Richard Valdmanis, Philip Pullella, John Mair, Suzanne Goldenberg Organizations: Catholic, drillers, U.S . Conference of Catholic Bishops, Catholic Church, Reuters, Justice, Peace, Creighton University in, Vatican, Opportunity Fund, Collective Investment, Archdiocese, Minneapolis, Catholic Community Foundation of Minnesota, CCF, Development, American Petroleum Institute, Christian Brothers Investment Service, Investment, BP, Shell, Creighton University, U.S, Thomson Locations: United States, Dubai, Creighton University in Nebraska, U.S, APSA, Vatican, Ireland, Germany, Archdiocese, Boston, Chicago, San Francisco, Erie , Pennsylvania, Texas, San Antonio, Austin, Fort Worth . Erie, Erie, Baltimore, Saint Paul, Paris, Saudi Aramco, PetroChina, India, Vatican City, Berlin, Sydney
The ongoing investments in the U.S. reflect a long-running rift between U.S. Catholic bishops and the pope on how to address global warming. The pope's Laudato Si encyclical urged immediate action against climate change, declaring that "highly polluting fossil fuels need to be progressively replaced without delay." The Vatican bank, which is separate from APSA, also does not invest in fossil fuels, a bank official said. Notably absent are any dioceses in the U.S.Reuters reviewed the financial reports published by two dozen of the nation's more than 170 Catholic dioceses, including several of its largest, and found that few provide details on specific investments. He called the enormous financial gains by oil companies "immoral profits."
Persons: Pope Francis, Remo Casilli, Dan DiLeo, Peter Marlow, Anne, Marie Welsh, William Lori, Joshtrom Kureethadam, Chieko Noguchi, Noguchi, USCCB, Sabrina Danielsen, Danielson, Richard Valdmanis, Philip Pullella, John Mair, Suzanne Goldenberg Organizations: Catholic, drillers, U.S . Conference of Catholic Bishops, Catholic Church, Reuters, Justice, Peace, Creighton University in, Vatican, Opportunity Fund, Collective Investment, Archdiocese, Development, American Petroleum Institute, Christian Brothers Investment Service, Investment, BP, Shell, Creighton University, U.S, Thomson Locations: United States, Dubai, Creighton University in Nebraska, U.S, APSA, Vatican, Ireland, Germany, Archdiocese, Boston, Chicago, San Francisco, Erie , Pennsylvania, Texas, San Antonio, Austin, Fort Worth . Erie, Erie, Baltimore, Paris, Saudi Aramco, PetroChina, India, Vatican City, Berlin, Sydney
FORT WORTH, Texas (AP) — Federal mediators have rejected a union's request that could have cleared the way for a year-end strike by flight attendants at American Airlines. The National Mediation Board instead directed the airline and the Association of Professional Flight Attendants to keep negotiating over a new contract. “We look forward to continued negotiations with APFA and reaching an agreement our flight attendants have earned,” American said in a statement Tuesday. The airline says its proposal to pay flight attendants during boarding would make the 11% raise more like 18%. American, which is based in Fort Worth, Texas, is proposing to match Delta’s decision last year to pay flight attendants during boarding.
Persons: Julie Hedrick, ” Hedrick, Organizations: , American Airlines, Association of Professional, APFA Locations: Texas, American's, Fort Worth , Texas
CNBC Daily Open: Singing the OPEC blues
  + stars: | 2023-11-24 | by ( Clement Tan | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Oil and gas companies pulled ahead with a 1.4% gain despite the continued fall in oil prices after OPEC delayed its policy-setting meeting. The targeted projects include the HTX digital currency exchange, formerly known as Huobi, from which hackers drained around $30 million worth of cryptocurrencies, the company said in a statement on Wednesday. CNBC Pro discusses ways to bet against this stock.
Persons: Justin Sun, HTX, Claudia Buch Organizations: CNBC, U.S, Fort Worth International Airport helped American Airlines Locations: Dallas, Europe
Return to Work Is Coming for Your Pandemic-Era Home
  + stars: | 2023-11-23 | by ( Libertina Brandt | ) www.wsj.com   time to read: 1 min
After three years of living in her dream home in a Texas community called Rocky Creek Ranch, Donna Rutter is giving it up to move closer to the accounting firm she bought in the nearby city of Fort Worth. Rutter spent most of her 30-year career as a CPA for large firms in Dallas and Fort Worth. Even before Covid, she had a work style that allowed her some flexibility. She didn’t have a central office she went to every day, but she had clients she traveled to visit on site. That schedule allowed her to build a home in Rocky Creek, about 20 minutes from downtown Fort Worth.
Persons: Donna Rutter, Rutter Locations: Texas, Rocky, Fort Worth, Dallas, Rocky Creek
Passengers make their way through the terminal as they travel ahead of the Thanksgiving holiday at Washington Dulles International Airport in Dulles, Virginia, on Nov. 22, 2023. American Airlines last year started using new technology to assign flight gates at Dallas/Fort Worth International Airport, the world's second-busiest airport and American's biggest hub, where it operates out of 135 regional and mainline gates. "It took the nightly process of gating the airline from four hours to about 10 minutes," said American COO David Seymour. The gating technology in other airports aims to avoid gate congestion that could delay flights from departing or parking upon arrival. Short taxi times and other improvements can help airlines save fuel, one of airlines' biggest costs.
Persons: David Seymour, Ronald Reagan, Chicago's, Seymour Organizations: Washington Dulles International, American Airlines, Fort Worth International, Charlotte Douglas International Airport, Miami International Airport, Ronald Reagan Washington National Airport, Transportation Department, American Locations: Dulles , Virginia, Dallas, American's, Miami, Ronald Reagan Washington, Phoenix
The significant advantage to buyers is negotiating power, and if done right, it could help offset some of those higher mortgage rates. Below is a list of 20 metro areas with the highest share of home sellers dropping their listing prices in October. The data is based on the top 50 most populated areas as defined by the US Census Bureau. If they need to move by a specific date or need that cash, you can offer a quick closing. More than one-third — or 35% — of home sales in the three months ending October 31 included concessions to buyers, according to Redfin.
Persons: Shmuel Shayowitz, It's, Shayowitz, Dottie Herman, Douglas Elliman, Herman, Price Organizations: Competition, Business, US Census Bureau, Orlando, Phoenix, DC Locations: Redfin, Metro, Cincinnati, Indianapolis, Denver, Tampa, Portland, Antonio, Austin, Dallas, Minneapolis, Worth , TX, Jacksonville, Louis, Sacramento, Seattle, WA, Baltimore, Cleveland, Houston, AZ, Kansas City, Washington
Elon Musk's social media company, X, sued Media Matters for America and one of its staff members Monday over an investigative report the progressive watchdog organization published saying Nazi content ran on the X app alongside advertisements from major corporations. News of the lawsuit coincided with Texas Attorney General Ken Paxton's announcing an investigation into Media Matters for possible fraudulent activity. Media Matters President Angelo Carusone said the website would defend itself. Media Matters stands behind its reporting and looks forward to winning in court," he said in a statement. In the lawsuit, X alleges that Media Matters' portrayal of the app is untrue because its article did not reflect what typical users see.
Persons: Elon, Ken Paxton's, Paxton, Musk, Andrew Bailey, Bailey, Angelo Carusone, X Organizations: Media Matters, America, Texas, Media, Missouri, Apple, IBM, Comcast, NBCUniversal, NBC, X Corp Locations: Fort Worth , Texas
Officials with the Southwest Airlines Pilots Association say they too will ask for the right to strike if they don't have a contract deal with the airline in the next few days. “We definitely don't feel any equality here,” said Erik Harris, treasurer of the flight attendants' union. “How come the pilots have gotten their deal and we haven't?”Because of pattern bargaining, Southwest pilots are likely to wind up with raises like those approved for American Airlines pilots. The Southwest pilots' union has already tried and failed once this year to get permission to strike. On Thursday, several dozen American Airlines flight attendants picketed along a thoroughfare outside company headquarters in Texas, some carrying signs reading, “Ready to strike."
Persons: , , Erik Harris, Tom Nekouei, Harris Organizations: , Airlines, The, Professional, Southwest, Southwest Airlines Pilots Association, U.S, Spirit Airlines, National, Board, American Airlines, Boeing, , United Auto Workers, Hollywood, Teamsters, United Parcel Service Locations: Texas, Dallas, Fort Worth, Southwest, ” Dallas
IBM, NBCUniversal and its parent company Comcast said last week that they stopped advertising on X after the Media Matters report said their ads were appearing alongside material praising Nazis. The Media Matters report pointed to ads from Apple and Oracle that also were placed next to antisemitic material on X. It says Media Matters did this by using X accounts that just followed X users known to produce “extreme fringe content” and accounts owned by X’s major advertisers. This, the complaint says, led to a feed aimed at producing side-by-side placements that Media Matters could then screen shot in an effort to alienate X's advertisers. Media Matters said Monday that it stands by its reporting and expects to prevail in court.
Persons: Elon, Musk, , , Angelo Carusone, ” Musk, Linda Yaccarino Organizations: Media, America, X Corp, ” Media, D.C, IBM, NBCUniversal, Comcast, Apple, Oracle, Amazon, NBA, Hamas Locations: Washington, NBA Mexico, NBCUniversal, Francisco, Fort Worth , Texas, Israel
Airlines brace for record Thanksgiving air travel
  + stars: | 2023-11-18 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +3 min
Airlines expect record travel demand this Thanksgiving. The Sunday after Thanksgiving is expected to be the busiest day during that period with an estimated 2.9 million passengers taking to the skies. And Thanksgiving will be a test to see how the aviation industry handles the year-end holidays while still managing strains like a prolonged shortage of air traffic controllers. Weather readiness is particularly key for Southwest Airlines , which canceled 16,700 flights late last year and in early 2024 following severe winter weather, while other airlines recovered more quickly. Those extra two minutes "just helps that flight and the next flight and the next flight," she said.
Persons: they're, David Pekoske, Andrew Watterson, Linda Jojo, Jojo Organizations: Delta Airlines, Orlando International Airport, Airlines, Transportation Security Administration, Carriers, Southwest Airlines, Skift Aviation, United Airlines Locations: Orlando , Florida, Dallas, Fort Worth , Texas, enplaning
“There is an unspoken pressure on nailing the perfect gift,” says Kristin Fisher, the Collegeville, Penn.-based founder of custom gift box company Bocu. Leah Inman, a Dallas-based gifting consultant, recommends ordering a custom house portrait for mothers-in-law, in particular. They likely already know about red light therapy, so this petite wand makes the perfect gift, according to Fisher. That’s why he recommends gift cards, such as one from Massage Envy, which has more than 1,100 locations in the U.S. and offers both massage and facials, as well as stretch therapy. Inman recommends gifting this compact jewelry organizer for your jetsetting sister- or mother-in-law.
Persons: Karen I, Chen, , Kristin Fisher, we’ve, Leah Inman, Tami Claytor, Fisher, , won’t, ” Fisher, Carver, Patrick Kucharson, Inman, they’re, Eden Delaune, Sonoma, Kucharson, ” Kucharson, Delaune, ” It’s Organizations: Homes, Watercolor, Amazon Locations: Penn, Dallas, New York City, Cleveland , Ohio, Eden, Fort Worth , Texas, cardigan, U.S
You can’t have growing pains without growing. Dallas Fort Worth International Airport is definitely growing. The American Airlines hub expects to surpass 80 million passengers this year, a 9% increase over 2022 and a record for the airport, executives say. Last year, the airport was the second-busiest in the world by passenger traffic after Atlanta’s Hartsfield-Jackson International Airport, according to Airports Council International, a trade group.
Organizations: Dallas Fort Worth, American Airlines, Hartsfield, Jackson International Airport, International Locations: Dallas
You can’t have growing pains without growing. Dallas Fort Worth International Airport is definitely growing. The American Airlines hub expects to surpass 80 million passengers this year, a 9% increase over 2022 and a record for the airport, executives say. Last year, the airport was the second-busiest in the world by passenger traffic after Atlanta’s Hartsfield-Jackson International Airport, according to Airports Council International, a trade group.
Organizations: Dallas Fort Worth, American Airlines, Hartsfield, Jackson International Airport, International Locations: Dallas
Jayne Jordan, 61, and her husband moved to Azle, Texas, 30 minutes from Fort Worth, in August. The cost of their housing was so much less than in California that Jordan was able to retire early. AdvertisementThis as-told-to essay is based on a conversation with Jayne Jordan, 61, about her decision to move from the Los Angeles area to Azle, Texas, in August. Jordan's new home in Azle, Texas. When we first got to Texas, it was really hot, so we really got to experience the summer heat.
Persons: Jayne Jordan, Jordan, , school's, We're, it's, It's, we've, haven't Organizations: Service, Texas Gas Locations: Azle , Texas, Fort Worth, California, Texas, Los Angeles, Irvine, Corona, Azle, Inland
A Tesla vehicle caught fire in Plano, Texas on Friday, local news outlet WFAA reported. The owner told WFAA he heard a hissing sound coming from the battery before it caught alight. He said he had the new battery installed the day before the fire, that took hours to distinguish. AdvertisementAdvertisementA Tesla owner said he heard a hissing sound coming from the battery the day before it caught fire in his garage. The Tesla owner told WFAA he had the new battery installed Thursday at a Tesla dealership in Plano, which is part of the Dallas-Fort Worth Metro area.
Persons: , Tesla, Daniel Daly, Daly Organizations: WFAA, Service, ABC, Fort, BBC, Rescue Service, Sacramento Metropolitan Fire Department, Plano Locations: Plano , Texas, Plano, Dallas, Fort Worth Metro, Essex County, California, Sacramento
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana. Southwest Airlines , for example, last month offered one-way fares of $29 for flights early in the morning or at night, just one example of airline discounting for off-peak periods. Airlines have scheduled a record 259.8 million seats for domestic flights in the fourth quarter, up nearly 8% from last year, on 1.86 million flights, up 6% from 2022, according to aviation-data firm Cirium. United Airlines said it expects to fly 5.9 million passengers from Nov. 17 to Nov. 29, up 13% from last year and 5% more than 2019. That means they could increase their inventory of cheaper basic economy fares during weaker demand periods, or raise fares when demand is high for premium seats.
Persons: Luke Sharrett, Ryan Green, Scott Keyes, airfare, Bob Jordan, Jordan, Barry Biffle, we're, Hopper, that's, Biffle, Henry Harteveldt Organizations: Frontier, Spirit Airlines, Indianapolis International Airport, Bloomberg, Getty, Texas — Airlines, Southwest Airlines, Skift Aviation, Airlines, JetBlue Airways, Budget, JetBlue, Frontier Airlines, . Frontier Airlines, CNBC, Delta Air Lines, United Airlines, American Airlines, Southwest, Atmosphere Research Locations: Indianapolis , Indiana, Texas, Miramar , Florida, Orlando, Vegas
The nation’s top accident investigator said Thursday that a surge in close calls between planes at U.S. airports this year is a "clear warning sign” that the aviation system is under stress. She said there has been a “lack of meaningful” training — and more reliance on computer-based instruction — by the Federal Aviation Administration and airlines. There have been many close calls in recent months, with the scariest occurring in February in Austin, Texas. An air traffic controller had cleared both planes to use the same runway. The NTSB is investigating about a half-dozen close calls this year, and the FAA says there were 23 of the most serious class of close calls in the last fiscal year, up from 16 the year before and 11 a decade ago.
Persons: Jennifer Homendy, Homendy Organizations: National Transportation Safety, Federal Aviation Administration, FAA, Fort Worth International, Newark Liberty International, Logan International, FedEx, Southwest Airlines, NTSB Locations: U.S, Dallas, New Jersey, Boston, Austin , Texas
A commercial aircraft approaches to land at San Diego International Airport in San Diego, California, U.S., January 6, 2022. The new meetings with the FAA, airlines, pilots, airport vehicle drivers and others will take place by Dec. 31. On Thursday, a U.S. Senate Commerce subcommittee will hold a hearing on recent incidents that raised questions about FAA air traffic control operations. The hearing will include FAA Air Traffic Organization head Tim Arel, National Transportation Safety Board Chair Jennifer Homendy, National Air Traffic Controllers Association (NATCA) President Rich Santa, Air Lines Pilots Association President Jason Ambrosi and former FAA administrator Randy Babbitt. The FAA said in September it was seeking recommendations on making it compulsory for airports to include cockpit-alerting technologies that could improve runway safety.
Persons: Mike Blake, Washington Reagan, Tim Arel, Jennifer Homendy, Rich, Jason Ambrosi, Randy Babbitt, Homendy, Bernadette Baum Organizations: San Diego International Airport, REUTERS, Rights, U.S . Federal Aviation Administration, FAA, National Transportation Safety Board, Fort, U.S, Senate, FAA Air Traffic Organization, Transportation, National Air Traffic Controllers Association, Rich Santa, Air Lines Pilots, Southwest Airlines, Boeing, Cessna, FedEx, Southwest Boeing, Thomson Locations: San Diego , California, U.S, Boston, Newark, Washington, Dallas, Fort Worth, Austin , Texas
CNN —Zackey Rahimi, the Texas criminal defendant challenging a federal gun law before the Supreme Court on Tuesday, said this summer that he no longer wanted to own firearms and expressed remorse for his actions that got him in trouble with the law. Rahimi, a drug dealer, was issued a restraining order in 2020 after a violent altercation with his girlfriend in Arlington, Texas. A federal grand jury indicted him, and Rahimi moved to dismiss the indictment, arguing that the law was unconstitutional. He lost his court effort, but then the Supreme Court issued the landmark Second Amendment decision. The Supreme Court will now hear the government’s appeal Tuesday.
Persons: Zackey Rahimi, , ” Rahimi, we’ve, Rahimi, I’ve, , CNN’s, Vogue Organizations: CNN Locations: Texas, Fort Worth, Arlington , Texas
Arik Armstead of the San Francisco 49ers at the NFC Championship game against the Philadelphia Eagles on Jan. 29, 2023. While the pay stub showed gross earnings of more than $4 million year to date, experts say it holds lessons for everyday taxpayers. While it's possible to withhold less than you'll owe, you could risk underpayment penalties on top of a sizable income tax bill in April. Max out your 401(k) to save on taxesIn addition to significant tax withholdings, Armstead also maxed out his workplace retirement plan for 2023. But you can reduce your adjusted gross income with pre-tax 401(k) contributions, experts say.
Persons: Arik Armstead, Kevin Sabitus, Sam, Armstead's, Albert Campo, Armstead, Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas, Armstead's withholdings, John Loyd, Max Organizations: San Francisco 49ers, NFC, Philadelphia Eagles, Getty, Finance, Social Security, AJC Accounting Services, CFP Locations: Manalapan , New Jersey, California, Orlando , Florida, Florida, Texas, Fort Worth , Texas
ARLINGTON, Texas (AP) — Thousands of Texas Rangers fans were already lined up along a 2-mile stretch near the team's ballpark hours before a parade Friday to celebrate the franchise's first World Series championship. The parade comes two days after the Rangers wrapped up the World Series with a 5-0 win on the road in Game 5 against the Arizona Diamondbacks. It came a week after Texas won the series opener on an 11th-inning homer by Adolis García after Corey Seager hit a two-run homer in the ninth inning to tie the game. World Series MVP Seager, AL Championship Series MVP García and all of the Rangers players were expected to participate in the parade in the entertainment district of Arlington, the city where they play along Interstate 30 halfway between downtown Fort Worth and downtown Dallas. All-Star second baseman Marcus Semien exited first, hoisting the World Series trophy into the air as he stepped out of the plane.
Persons: Adolis García, Corey Seager, Seager, García, Marcus Semien, Mark Holtz Lake, Arlington Mayor Jim Ross, ___ Organizations: Texas Rangers, Rangers, Arizona Diamondbacks, Texas, The Rangers, Life, T, Dallas Cowboys, Arlington Mayor, Senators Locations: ARLINGTON , Texas, Arlington, Fort Worth, Dallas, North Texas, Texas
Chris DongCapital One's third airport lounge is a 10,800 square-foot "glass fishbowl" in Denver International Airport (DEN). Capital One Venture X Rewards Credit Card and Capital One Venture X Business Card† credit cardholders get unlimited complimentary access and can bring up to two guests for free. Capital One Venture Rewards Credit Card and Capital One Spark Miles for Business† cardholders get two complimentary passes per year. Capital One Venture X Rewards Credit Card and Capital One Venture X Business Card† cardholders enjoy unlimited complimentary access to all Capital One Lounges. The parents' room in Capital One's Denver airport lounge offers a quiet space for rest, diaper changes, and feedings.
Persons: Chris Dong, cardholders, Business † cardholders, , chai, chia Organizations: Business, Venture, Denver International Airport, Chris Dong Capital, Denver International, Service, Dulles, Fort, International, Capital, One, Premier, Rockies, Colombe, Fenway, Cervecería, Yacht Club, Sunrise, Denver Travelers, Chase Locations: Denver, High City, Washington, Dallas, Fort Worth, DFW, One's, Concourse A, Colorado, Downtown Denver, Cervecería Colorado, Capital One's Denver
During baseball season, the public buses in Houston flash a message as they rumble through the city: “Go Astros! !”A similar sort of communal baseball spirit has not typically surrounded the Texas Rangers, a team whose claim to the hearts of all Texans had, until their World Series victory over the Arizona Diamondbacks on Wednesday, been stymied by having never won a championship in their 51 years since relocating to the North Texas city of Arlington. Wedged between Dallas and Fort Worth, the city forms an almost seamless part of a sprawling urban agglomeration, a fast-growing and sports-crazed area of a fast-growing and sports-crazed state, where winners are prized and football — in particular, the Dallas Cowboys — has been dominant. But as the Rangers kept winning and winning, fans emerged. Excitement in October became palpable across the connected cities.
Persons: Dallas Cowboys — Organizations: Astros, Texas Rangers, Texans, Arizona Diamondbacks, , Dallas Cowboys, Rangers Locations: Houston, North Texas, Arlington, Dallas, Fort Worth
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