20 days ago
SCHD yields 3.82% with principal at risk daily, while VIG targets dividend growers built to outpace inflation over a long horizon.
Qualified dividends face tax rates between 0% and 20%, compared to up to 37% for savings interest, a gap that can exceed the difference in yields.
High-yield savings protect dollars with FDIC coverage up to $250,000, but rates float and can drop the moment the Fed cuts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
High-yield savings rates were holding steady on Oct. 8, 2026, according to Forbes. They are holding at a higher level than a month ago because the Federal Reserve raised its target range in September. Online banks use the federal funds rate's upper bound to price their accounts, and it moved from 3.75% to 4.00% on Sept. 16, 2026 and was unchanged as of Oct. 7. On that date the 4-week Treasury bill, the closest market benchmark for overnight cash, yielded 3.95%. Typical banks pay much less. The FDIC national average 12-month CD rate was 1.73% as of Sept. 1, 2026, and top online banks routinely pay a multiple of that average. Rates differ from bank to bank, so the posted APY at your own bank is the number that applies to you.
#savings #sept
Qualified dividends face tax rates between 0% and 20%, compared to up to 37% for savings interest, a gap that can exceed the difference in yields.
High-yield savings protect dollars with FDIC coverage up to $250,000, but rates float and can drop the moment the Fed cuts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
High-yield savings rates were holding steady on Oct. 8, 2026, according to Forbes. They are holding at a higher level than a month ago because the Federal Reserve raised its target range in September. Online banks use the federal funds rate's upper bound to price their accounts, and it moved from 3.75% to 4.00% on Sept. 16, 2026 and was unchanged as of Oct. 7. On that date the 4-week Treasury bill, the closest market benchmark for overnight cash, yielded 3.95%. Typical banks pay much less. The FDIC national average 12-month CD rate was 1.73% as of Sept. 1, 2026, and top online banks routinely pay a multiple of that average. Rates differ from bank to bank, so the posted APY at your own bank is the number that applies to you.
#savings #sept
22 days ago
ARK Invest bought 2.57 million Archer shares for $11.9 million and 753,330 Joby shares for $1.3 million across three ETFs.
Joby is advancing real-world air-taxi flights through an FAA program.
Archer is expanding into defense by acquiring Boeing's Wisk Aero, SkyGrid and Insitu.
Cathie Wood's ARK Invest is doubling down on eVTOL (electric vertical take-off and landing) stocks, buying more than 2.56 million Archer Aviation (ACHR) shares and 753,000 Joby Aviation (JOBY) shares as institutional interest in air taxis and defense aviation heats up.
Both Archer Aviation and Joby Aviation stocks edged up 0.6% and 0.1%, respectively, overnight Tuesday.
#etfs
Joby is advancing real-world air-taxi flights through an FAA program.
Archer is expanding into defense by acquiring Boeing's Wisk Aero, SkyGrid and Insitu.
Cathie Wood's ARK Invest is doubling down on eVTOL (electric vertical take-off and landing) stocks, buying more than 2.56 million Archer Aviation (ACHR) shares and 753,000 Joby Aviation (JOBY) shares as institutional interest in air taxis and defense aviation heats up.
Both Archer Aviation and Joby Aviation stocks edged up 0.6% and 0.1%, respectively, overnight Tuesday.
#etfs
22 days ago
Dividend-paying stocks are taking a beating as surging Treasury yields make bonds a more competitive income source, creating a difficult environment for baby boomers who lean on dividend funds and individual stocks to cover living expenses in retirement.
Utilities, real estate, and materials have all experienced share-price declines as climbing bond yields have drawn income-seeking investors away from dividend stocks. The 10-year Treasury yield has remained north of 5%, recently hovering between 5.2% and 5.3%, while the 20-year has hit 5.68% and the 30-year has reached 5.62% — marks last seen more than two decades ago, according to Benzinga.
The pain shows up clearly in fund performance. The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) lost 7.59% over the trailing month, and the iShares Select Dividend ETF (DVY) shed 6.02% in the same window, according to CNBC. The Vanguard High Dividend Yield Index ETF (VYM) gave back 3.85% over the past month. The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) stands apart, with its heavy tilt toward technology helping limit its one-month loss to just 0.81%.
The Federal Reserve raised its overnight rate by a quarter percentage point on Sept. 16, and markets are pricing in additional increases, keeping pressure on rate-sensitive dividend sectors. The 10-year yield touched 5.342% and the 30-year reached 5.683%, their highest marks in 24 years, driven in part by rising public debt, geopolitical tensions, and the prospect of a prolonged high-rate environment.
Despite the pressure, financial advisors caution retirees against making reactive moves. "The worst thing that a retiree could do is sell a high-quality dividend payer at depressed prices to chase income somewhere else in the stock market just to get higher yield," Timothy Chubb, chief investment officer at Girard, a Univest Wealth Division, told CNBC. Chubb said he would rather own a company growing 4% to 5% annually with a 3% dividend yield than pursue an 8% yield from a deteriorating business.
#Dividend #yield #month #treasury
Utilities, real estate, and materials have all experienced share-price declines as climbing bond yields have drawn income-seeking investors away from dividend stocks. The 10-year Treasury yield has remained north of 5%, recently hovering between 5.2% and 5.3%, while the 20-year has hit 5.68% and the 30-year has reached 5.62% — marks last seen more than two decades ago, according to Benzinga.
The pain shows up clearly in fund performance. The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) lost 7.59% over the trailing month, and the iShares Select Dividend ETF (DVY) shed 6.02% in the same window, according to CNBC. The Vanguard High Dividend Yield Index ETF (VYM) gave back 3.85% over the past month. The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) stands apart, with its heavy tilt toward technology helping limit its one-month loss to just 0.81%.
The Federal Reserve raised its overnight rate by a quarter percentage point on Sept. 16, and markets are pricing in additional increases, keeping pressure on rate-sensitive dividend sectors. The 10-year yield touched 5.342% and the 30-year reached 5.683%, their highest marks in 24 years, driven in part by rising public debt, geopolitical tensions, and the prospect of a prolonged high-rate environment.
Despite the pressure, financial advisors caution retirees against making reactive moves. "The worst thing that a retiree could do is sell a high-quality dividend payer at depressed prices to chase income somewhere else in the stock market just to get higher yield," Timothy Chubb, chief investment officer at Girard, a Univest Wealth Division, told CNBC. Chubb said he would rather own a company growing 4% to 5% annually with a 3% dividend yield than pursue an 8% yield from a deteriorating business.
#Dividend #yield #month #treasury
24 days ago
Updated on: October 4, 2026 / 7:28 PM EDT / CBS News
The U.S. Coast Guard on Sunday suspended the search for six people in a medical jet that went missing near Nantucket, Massachusetts, a day after debris from the plane was found.
Search and rescue crews operated for approximately 66 hours to locate four Canadians and two Bermudian nationals on the plane that was traveling to Boston from Bermuda early Saturday morning, according to the U.S. Coast Guard.
The Canadian-registered air ambulance jet had four crew members and two passengers aboard. Their next of kin have been notified, the Coast Guard said.
Earlier, the Coast Guard confirmed that a debris field belonging to the missing Gulfstream G-100 was found Saturday night. The search for the missing passengers continued overnight off the coast of Nantucket, according to the Coast Guard's Northeast District, and spanned 4,445 miles before it was suspended.
#missing #nantucket #found
The U.S. Coast Guard on Sunday suspended the search for six people in a medical jet that went missing near Nantucket, Massachusetts, a day after debris from the plane was found.
Search and rescue crews operated for approximately 66 hours to locate four Canadians and two Bermudian nationals on the plane that was traveling to Boston from Bermuda early Saturday morning, according to the U.S. Coast Guard.
The Canadian-registered air ambulance jet had four crew members and two passengers aboard. Their next of kin have been notified, the Coast Guard said.
Earlier, the Coast Guard confirmed that a debris field belonging to the missing Gulfstream G-100 was found Saturday night. The search for the missing passengers continued overnight off the coast of Nantucket, according to the Coast Guard's Northeast District, and spanned 4,445 miles before it was suspended.
#missing #nantucket #found
1 month ago
Ukrainian forces fired more than 1,000 drones at Russia overnight, including hundreds that were launched toward Moscow, officials said Sunday as the Kremlin was wrapping up the third and last day of its parliamentary elections.
Moscow's mayor described the wave of drones as the "largest ever" attack on the Russian capital and said there had been damage to a Moscow oil refinery and a residential building.
Across the wider Moscow region, the attack killed two people and wounded 20, local Gov. Andrei Vorobyov said. The dead were a 74-year-old man and a 44-year-old woman, he said.
Writing on social media, Ukrainian President Volodymyr Zelenskyy said that Kyiv had used a range of missiles and drones in the attack — including Ukraine's domestically made Flamingo and Pelican missiles — to hit oil and logistics facilities.
"These are billions of dollars that sustain the war machine," Zelenskyy said, referring to the financial pressure that Kyiv hopes to put on Russia's economy.
#Russia
Moscow's mayor described the wave of drones as the "largest ever" attack on the Russian capital and said there had been damage to a Moscow oil refinery and a residential building.
Across the wider Moscow region, the attack killed two people and wounded 20, local Gov. Andrei Vorobyov said. The dead were a 74-year-old man and a 44-year-old woman, he said.
Writing on social media, Ukrainian President Volodymyr Zelenskyy said that Kyiv had used a range of missiles and drones in the attack — including Ukraine's domestically made Flamingo and Pelican missiles — to hit oil and logistics facilities.
"These are billions of dollars that sustain the war machine," Zelenskyy said, referring to the financial pressure that Kyiv hopes to put on Russia's economy.
#Russia
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The FOMC began a new interest rate cycle, raising the federal funds rate a quarter point on Sept. 16. Wall Street traders expect at least one more rate increase before the end of 2026.
The federal funds rate. The Fed. The FOMC. No doubt you've heard and read these terms before. But what do they mean? How does this impact your financial life?
The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's actually an interest rate range. Banks negotiate a specific rate with each other within that range set by the Federal Reserve.
The current federal funds rate is now 3.75% to 4.00%.
#advertiser #disclosure
The FOMC began a new interest rate cycle, raising the federal funds rate a quarter point on Sept. 16. Wall Street traders expect at least one more rate increase before the end of 2026.
The federal funds rate. The Fed. The FOMC. No doubt you've heard and read these terms before. But what do they mean? How does this impact your financial life?
The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's actually an interest rate range. Banks negotiate a specific rate with each other within that range set by the Federal Reserve.
The current federal funds rate is now 3.75% to 4.00%.
#advertiser #disclosure
1 month ago
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated ****** ets—and may continue to in the future.
So, what kind of week has it been?
Gold took a more volatile path than expected but rebounded from a post-FOMC low near $4,260/oz to trade just above $4,350/oz shortly after the US market open on Friday, putting the yellow metal in position for a moderate weekly gain.
The Federal Reserve delivered the week's main event on Wednesday, unanimously raising policy rates by 25 basis points. Gold's sharp initial drop appeared tied less to the hike itself than to projections showing elevated inflation expectations and another 25-basis-point increase before the end of 2026.
Thursday brought the countermove as crude oil slid back toward and then below $100 per barrel, US Treasury yields eased, and gold recovered to around $4,360/oz. The Bank of ****** an's overnight rate hike to 1.25% added another tailwind into Friday.
#Friday #weekly #welcome
So, what kind of week has it been?
Gold took a more volatile path than expected but rebounded from a post-FOMC low near $4,260/oz to trade just above $4,350/oz shortly after the US market open on Friday, putting the yellow metal in position for a moderate weekly gain.
The Federal Reserve delivered the week's main event on Wednesday, unanimously raising policy rates by 25 basis points. Gold's sharp initial drop appeared tied less to the hike itself than to projections showing elevated inflation expectations and another 25-basis-point increase before the end of 2026.
Thursday brought the countermove as crude oil slid back toward and then below $100 per barrel, US Treasury yields eased, and gold recovered to around $4,360/oz. The Bank of ****** an's overnight rate hike to 1.25% added another tailwind into Friday.
#Friday #weekly #welcome
1 month ago
Without a signed, prospective contract, Medicaid treats family caregiver payments as gifts, exposing $60,000 in payments to a six-month nursing home ineligibility penalty.
A defensible care agreement must be signed before services begin, specify duties and market-rate pay, and be backed by time sheets and traceable payments.
At 20 documented hours per week, $2,500 monthly works out to roughly $29 per hour, defensible against the 2025 national median caregiver rate of $35.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Picture a widow in her 80s who pays her adult daughter $2,500 a month for two years to handle bathing, meals, medications, driving to appointments, and overnight supervision. The care is real. The daughter cuts back her own job to provide it. One year later, mom breaks a hip, lands in a nursing home, and applies for institutional Medicaid. The caseworker pulls five years of bank statements, spots $60,000 in recurring payments to the daughter, and finds no signed agreement, no time sheets, no invoices. In that state, the agency treats every dollar as an uncompensated transfer, effectively a gift.
#signed #daughter
A defensible care agreement must be signed before services begin, specify duties and market-rate pay, and be backed by time sheets and traceable payments.
At 20 documented hours per week, $2,500 monthly works out to roughly $29 per hour, defensible against the 2025 national median caregiver rate of $35.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Picture a widow in her 80s who pays her adult daughter $2,500 a month for two years to handle bathing, meals, medications, driving to appointments, and overnight supervision. The care is real. The daughter cuts back her own job to provide it. One year later, mom breaks a hip, lands in a nursing home, and applies for institutional Medicaid. The caseworker pulls five years of bank statements, spots $60,000 in recurring payments to the daughter, and finds no signed agreement, no time sheets, no invoices. In that state, the agency treats every dollar as an uncompensated transfer, effectively a gift.
#signed #daughter
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Federal Reserve — the country's central bank — periodically adjusts its target rate to keep the economy running smoothly and consumer prices in check. When the federal funds rate moves up or down, so do the interest rates on bank accounts and loans.
In other words, changes in the Fed's rate impact how much your savings can grow and how much you pay to borrow money.
So how does today's federal funds rate compare to past years? Here's a look at historical Fed interest rates so you can better understand how your bottom line is affected.
The federal funds rate is set by the Federal Reserve and dictates what a bank can charge another bank for ultra-short-term loans (usually overnight) in order to meet reserve requirements. It's expressed as a range, and financial institutions can negotiate a specific rate between each other within that range.
#reserve #funds #rates #range
The Federal Reserve — the country's central bank — periodically adjusts its target rate to keep the economy running smoothly and consumer prices in check. When the federal funds rate moves up or down, so do the interest rates on bank accounts and loans.
In other words, changes in the Fed's rate impact how much your savings can grow and how much you pay to borrow money.
So how does today's federal funds rate compare to past years? Here's a look at historical Fed interest rates so you can better understand how your bottom line is affected.
The federal funds rate is set by the Federal Reserve and dictates what a bank can charge another bank for ultra-short-term loans (usually overnight) in order to meet reserve requirements. It's expressed as a range, and financial institutions can negotiate a specific rate between each other within that range.
#reserve #funds #rates #range
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Federal Reserve influences consumer loan rates by setting the federal funds rate, which affects how much banks charge each other for overnight lending. That cost typically gets passed on to borrowers through higher or lower rates on personal, auto, and student loans.
By tracking the Fed's moves, you can get a better sense of whether taking out a loan will be more expensive or more affordable. It may even help you time your borrowing decisions so you can secure the best possible rate.
The Fed recently raised its rate by 25 basis points during its September 2026 meeting. See what impact that could have on your borrowing costs.
The Federal Reserve sets a target range for the federal funds rate, a benchmark rate that determines how much lenders charge one another for overnight lending. When the Fed increases this rate, lenders generally pass along the higher costs to consumers by raising interest rates on consumer loans and credit cards. When the Fed decreases this rate, lenders may lower the interest rates on their loans as well.
#federal #rates #loans
The Federal Reserve influences consumer loan rates by setting the federal funds rate, which affects how much banks charge each other for overnight lending. That cost typically gets passed on to borrowers through higher or lower rates on personal, auto, and student loans.
By tracking the Fed's moves, you can get a better sense of whether taking out a loan will be more expensive or more affordable. It may even help you time your borrowing decisions so you can secure the best possible rate.
The Fed recently raised its rate by 25 basis points during its September 2026 meeting. See what impact that could have on your borrowing costs.
The Federal Reserve sets a target range for the federal funds rate, a benchmark rate that determines how much lenders charge one another for overnight lending. When the Fed increases this rate, lenders generally pass along the higher costs to consumers by raising interest rates on consumer loans and credit cards. When the Fed decreases this rate, lenders may lower the interest rates on their loans as well.
#federal #rates #loans
1 month ago
Wall Street spent years debating whether crypto deserved a place inside the financial system.
Franklin Templeton increasingly thinks that debate has it backwards. The more important question may be how much of the existing financial system eventually starts behaving like crypto.
For Chris Perkins, head of Franklin Crypto, the shift is already underway.
"Every institution is integrating blockchain technology in one way, shape or form," Perkins told Coinage. "Market structure is changing overnight. We will be in an era of 24-seven markets. If you're not 24-seven capable, you'll be left behind and someone else is going to eat your lunch."
That is a notably aggressive prediction coming from Franklin Templeton, one of the world's largest traditional ***** et managers. But Franklin has increasingly been putting money behind that conviction, too.
#franklin #Crypto #seven #behind
Franklin Templeton increasingly thinks that debate has it backwards. The more important question may be how much of the existing financial system eventually starts behaving like crypto.
For Chris Perkins, head of Franklin Crypto, the shift is already underway.
"Every institution is integrating blockchain technology in one way, shape or form," Perkins told Coinage. "Market structure is changing overnight. We will be in an era of 24-seven markets. If you're not 24-seven capable, you'll be left behind and someone else is going to eat your lunch."
That is a notably aggressive prediction coming from Franklin Templeton, one of the world's largest traditional ***** et managers. But Franklin has increasingly been putting money behind that conviction, too.
#franklin #Crypto #seven #behind
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Federal Reserve — the country's central bank — periodically adjusts its target rate to keep the economy running smoothly and consumer prices in check. When the federal funds rate moves up or down, so do the interest rates on bank accounts and loans.
In other words, changes in the Fed's rate impact how much your savings can grow and how much you pay to borrow money.
So how does today's federal funds rate compare to past years? Here's a look at historical Fed interest rates so you can better understand how your bottom line is affected.
The federal funds rate is set by the Federal Reserve and dictates what a bank can charge another bank for ultra-short-term loans (usually overnight) in order to meet reserve requirements. It's expressed as a range, and financial institutions can negotiate a specific rate between each other within that range.
#federal #funds #rates
The Federal Reserve — the country's central bank — periodically adjusts its target rate to keep the economy running smoothly and consumer prices in check. When the federal funds rate moves up or down, so do the interest rates on bank accounts and loans.
In other words, changes in the Fed's rate impact how much your savings can grow and how much you pay to borrow money.
So how does today's federal funds rate compare to past years? Here's a look at historical Fed interest rates so you can better understand how your bottom line is affected.
The federal funds rate is set by the Federal Reserve and dictates what a bank can charge another bank for ultra-short-term loans (usually overnight) in order to meet reserve requirements. It's expressed as a range, and financial institutions can negotiate a specific rate between each other within that range.
#federal #funds #rates
1 month ago
By Lucia Mutikani
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
The stronger-than-expected report from the Commerce Department on Wednesday prompted economists to upgrade their gross domestic product growth estimates for the third quarter. Inflation jitters were underscored by news of a surge in import prices last month amid strong increases in the costs of capital and consumer goods.
The reports followed data this month showing producer and consumer prices accelerated in August, while the labor market regained its poise after wobbling through much of summer.
The Federal Reserve on Wednesday raised its benchmark overnight interest rate by a quarter of a percentage point to the 3.75%-4.00% range and flagged further increases in borrowing costs in the months ahead.
#inflation #quarter
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
The stronger-than-expected report from the Commerce Department on Wednesday prompted economists to upgrade their gross domestic product growth estimates for the third quarter. Inflation jitters were underscored by news of a surge in import prices last month amid strong increases in the costs of capital and consumer goods.
The reports followed data this month showing producer and consumer prices accelerated in August, while the labor market regained its poise after wobbling through much of summer.
The Federal Reserve on Wednesday raised its benchmark overnight interest rate by a quarter of a percentage point to the 3.75%-4.00% range and flagged further increases in borrowing costs in the months ahead.
#inflation #quarter
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Federal Reserve influences consumer loan rates by setting the federal funds rate, which affects how much banks charge each other for overnight lending. That cost typically gets passed on to borrowers through higher or lower rates on personal, auto, and student loans.
By tracking the Fed's moves, you can get a better sense of whether taking out a loan will be more expensive or more affordable. It may even help you time your borrowing decisions so you can secure the best possible rate.
The Fed recently raised its rate by 25 basis points during its September 2026 meeting. See what impact that could have on your borrowing costs.
The Federal Reserve sets a target range for the federal funds rate, a benchmark rate that determines how much lenders charge one another for overnight lending. When the Fed increases this rate, lenders generally pass along the higher costs to consumers by raising interest rates on consumer loans and credit cards. When the Fed decreases this rate, lenders may lower the interest rates on their loans as well.
#Consumer
The Federal Reserve influences consumer loan rates by setting the federal funds rate, which affects how much banks charge each other for overnight lending. That cost typically gets passed on to borrowers through higher or lower rates on personal, auto, and student loans.
By tracking the Fed's moves, you can get a better sense of whether taking out a loan will be more expensive or more affordable. It may even help you time your borrowing decisions so you can secure the best possible rate.
The Fed recently raised its rate by 25 basis points during its September 2026 meeting. See what impact that could have on your borrowing costs.
The Federal Reserve sets a target range for the federal funds rate, a benchmark rate that determines how much lenders charge one another for overnight lending. When the Fed increases this rate, lenders generally pass along the higher costs to consumers by raising interest rates on consumer loans and credit cards. When the Fed decreases this rate, lenders may lower the interest rates on their loans as well.
#Consumer
1 month ago
US stocks fell for a second day in a row on Tuesday as investors braced for the Federal Reserve's interest rate decision on Wednesday and monitored the fallout from Anthropic CEO Dario Amodei's essay on AI safety fears.
The tech-heavy Nasdaq Composite (^IXIC) declined 0.8% while the Dow Jones Industrial Average (^DJI) dropped 0.7%. The S&P 500 (^GSPC) tumbled more than 0.4%.
Oil prices ticked back up, with Brent crude (BZ=F) and WTI crude (CL=F) changing hands at $108 and $105 per barrel, respectively. Prices have remained elevated since Saudi Arabia shuttered its East-West pipeline and the Iranian-backed Houthis launched fresh attacks in the Middle East.
Bond yields have also shot up as investors await the next Fed policy decision. The yield on the 10-year note (^TNX) hovered around 5%. The move follows the key interest rate briefly rising overnight to its highest intraday level since 2007, underscoring concerns about rising borrowing costs, global deficits, and inflation.
The Federal Open Market Committee began its September meeting on Tuesday, with traders overwhelmingly expecting a rate hike. The release of the so-called dot plot, along with Fed Chairman Kevin Warsh's press conference, could offer investors clues about the prevailing winds in the Fed's monetary policy.
#federal
The tech-heavy Nasdaq Composite (^IXIC) declined 0.8% while the Dow Jones Industrial Average (^DJI) dropped 0.7%. The S&P 500 (^GSPC) tumbled more than 0.4%.
Oil prices ticked back up, with Brent crude (BZ=F) and WTI crude (CL=F) changing hands at $108 and $105 per barrel, respectively. Prices have remained elevated since Saudi Arabia shuttered its East-West pipeline and the Iranian-backed Houthis launched fresh attacks in the Middle East.
Bond yields have also shot up as investors await the next Fed policy decision. The yield on the 10-year note (^TNX) hovered around 5%. The move follows the key interest rate briefly rising overnight to its highest intraday level since 2007, underscoring concerns about rising borrowing costs, global deficits, and inflation.
The Federal Open Market Committee began its September meeting on Tuesday, with traders overwhelmingly expecting a rate hike. The release of the so-called dot plot, along with Fed Chairman Kevin Warsh's press conference, could offer investors clues about the prevailing winds in the Fed's monetary policy.
#federal
1 month ago
A public company typically has limited control over third-party financial products that reference its shares, but Robinhood Markets, Inc. (NASDAQ:HOOD) and AMC Entertainment Holdings, Inc. (NYSE:AMC) are now testing that notion in public, in one of the year's most intense corporate spats. The debate revolves over stock tokens and has evolved from a heated social media post on September 3 to a live televised retort by September 9.
Robinhood Markets, Inc. (NASDAQ:HOOD) expanded its tokenized shares offering, which is issued through a unit named Robinhood ****** ets (Jersey) Limited and traded on Robinhood's proprietary blockchain, Robinhood Chain, to include over 190 public firms, including AMC, without the companies directly signing on. When AMC CEO Adam Aron discovered that his company was among them, he did not mince words. On September 3, Aron posted on X, calling the practice "contemptible, outrageous, disgusting, detestable, inexcusable, vile," questioning how it could possibly be legal, and stating that AMC Entertainment Holdings, Inc. (NYSE:AMC) had no relation to the tokens and did not condone them.
He stated that the company would retain independent securities counsel and vowed to take the matter to the SEC, characterizing Robinhood's tokens as an unregistered securities product that undermines the regular relationship between a public company and its shareholders.
The market reaction was fast and telling: AMC shares rose as much as 21% in overnight trading after the public dispute broke out.
Robinhood did not back down. In the days that followed, the company's chief legal officer, Dan Gallagher, a former SEC commissioner, mocked the tone of Aron's complaint on social media, saying Robinhood "know[s] a little something about the US securities laws," and inviting AMC's lawyers to contact them. CEO Vlad Tenev originally commented on X with a brief "What's the concern?" before making his first extensive, broadcast comments on the controversy in a CNBC "Squawk Box" interview on September 9.
#company
Robinhood Markets, Inc. (NASDAQ:HOOD) expanded its tokenized shares offering, which is issued through a unit named Robinhood ****** ets (Jersey) Limited and traded on Robinhood's proprietary blockchain, Robinhood Chain, to include over 190 public firms, including AMC, without the companies directly signing on. When AMC CEO Adam Aron discovered that his company was among them, he did not mince words. On September 3, Aron posted on X, calling the practice "contemptible, outrageous, disgusting, detestable, inexcusable, vile," questioning how it could possibly be legal, and stating that AMC Entertainment Holdings, Inc. (NYSE:AMC) had no relation to the tokens and did not condone them.
He stated that the company would retain independent securities counsel and vowed to take the matter to the SEC, characterizing Robinhood's tokens as an unregistered securities product that undermines the regular relationship between a public company and its shareholders.
The market reaction was fast and telling: AMC shares rose as much as 21% in overnight trading after the public dispute broke out.
Robinhood did not back down. In the days that followed, the company's chief legal officer, Dan Gallagher, a former SEC commissioner, mocked the tone of Aron's complaint on social media, saying Robinhood "know[s] a little something about the US securities laws," and inviting AMC's lawyers to contact them. CEO Vlad Tenev originally commented on X with a brief "What's the concern?" before making his first extensive, broadcast comments on the controversy in a CNBC "Squawk Box" interview on September 9.
#company
1 month ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
DEUTZ is transforming itself from an engine manufacturer into a broader industrial and defense group, but that expansion is proving expensive.
The company raised €179 million (about $207 million) overnight by issuing new shares to institutional investors, strengthening its balance sheet at the cost of another round of dilution for existing shareholders.
DEUTZ shares dropped roughly 5% after the German engine maker completed an accelerated share placement that raised approximately €179 million. The company issued 15.26 million new shares at €11.70 each, increasing its share capital by 10% to almost 168 million shares.
The placement price was 4.8% below the previous session's €12.29 Xetra close, and the stock opened around 5.7% lower at €11.58 before recovering some ground.
#shares #deutz #company
DEUTZ is transforming itself from an engine manufacturer into a broader industrial and defense group, but that expansion is proving expensive.
The company raised €179 million (about $207 million) overnight by issuing new shares to institutional investors, strengthening its balance sheet at the cost of another round of dilution for existing shareholders.
DEUTZ shares dropped roughly 5% after the German engine maker completed an accelerated share placement that raised approximately €179 million. The company issued 15.26 million new shares at €11.70 each, increasing its share capital by 10% to almost 168 million shares.
The placement price was 4.8% below the previous session's €12.29 Xetra close, and the stock opened around 5.7% lower at €11.58 before recovering some ground.
#shares #deutz #company
1 month ago
CAIRO (AP) — Saudi Arabia accused Yemen's Iran-backed Houthi rebels overnight of trying to attack Islam's holiest city, prompting condemnation from countries in the region but no sign of military support. The kingdom, a key U.S. ally, declared Mecca a "red line" as it slid deeper into the new front of the Iran war.
With the world's biggest oil exporter under fire from the rebels backed by the Saudis' regional adversary, Tehran, the kingdom needs a safe outlet for its crude as well as military ******* istance. A path to either one remains unclear.
A crucial Saudi pipeline has reportedly been shut down for weeks after an attack by Iranian-backed militias in Iraq. The Yemen-based Houthis have been targeting infrastructure in the kingdom as well as its shipping on the Red Sea, where they have seized several islands on the Bab el-Mandeb Strait. And Iran is still targeting ships in the Strait of Hormuz. Oil prices remain above $100 a barrel.
The Houthis denied firing drones toward Mecca, about 1,100 kilometers (680 miles) from Yemen's border. The Saudis said they intercepted and destroyed the drone before it entered the airspace over the birthplace of the Prophet Muhammad.
The attacks are the first test of a new defense pact among Saudi Arabia, NATO member Turkey and nuclear power Pakistan. But officials from Turkey and Pakistan told The ******* ociated Press they have not received a Saudi request for support in response to the Houthis' escalation.
#arabia #saudis #turkey
With the world's biggest oil exporter under fire from the rebels backed by the Saudis' regional adversary, Tehran, the kingdom needs a safe outlet for its crude as well as military ******* istance. A path to either one remains unclear.
A crucial Saudi pipeline has reportedly been shut down for weeks after an attack by Iranian-backed militias in Iraq. The Yemen-based Houthis have been targeting infrastructure in the kingdom as well as its shipping on the Red Sea, where they have seized several islands on the Bab el-Mandeb Strait. And Iran is still targeting ships in the Strait of Hormuz. Oil prices remain above $100 a barrel.
The Houthis denied firing drones toward Mecca, about 1,100 kilometers (680 miles) from Yemen's border. The Saudis said they intercepted and destroyed the drone before it entered the airspace over the birthplace of the Prophet Muhammad.
The attacks are the first test of a new defense pact among Saudi Arabia, NATO member Turkey and nuclear power Pakistan. But officials from Turkey and Pakistan told The ******* ociated Press they have not received a Saudi request for support in response to the Houthis' escalation.
#arabia #saudis #turkey
1 month ago
Starbucks Corporation (NASDAQ:SBUX) is betting $1 billion that leather armchairs, rugs, and bookshelves can turn a recovering coffee business into a more profitable one. The company plans to upgrade as many as 9,000 North American stores into warmer, more comfortable **** es designed to bring back customers who stopped treating Starbucks as a place to sit and stay. The strategy arrives as CEO Brian Niccol's turnaround gains traction, but investors still need to see whether higher traffic can translate into stronger margins.
Pixabay/Public Domain
The store upgrades are part of Niccol's broader "Back to Starbucks" strategy, which has already helped reverse a prolonged sales slump. Global comparable-store sales increased 7.9% in the latest quarter, with transactions up 4.2% and average ticket up 3.5%. U.S. comparable sales also rose 7.9%, indicating that the recovery is being driven by more than higher prices.
Starbucks Corporation (NASDAQ:SBUX) is spending roughly $150,000 per store on the new uplifts, far below the cost of previous renovations, and the work can generally be completed overnight without closing stores. The company expects about 1,500 upgrades to be finished by the end of September and ultimately wants to reach 8,000 to 9,000 company-operated North American locations.
That matters because Starbucks Corporation (NASDAQ:SBUX) has gradually become optimized for transactions rather than lingering. Mobile orders now account for roughly one-third of U.S. transactions, more than twice their share in 2019. The new design is therefore an attempt to restore the "third place" concept without abandoning the convenience that has become central to the business.
#corporation #NASDAQ #sales #transactions
Pixabay/Public Domain
The store upgrades are part of Niccol's broader "Back to Starbucks" strategy, which has already helped reverse a prolonged sales slump. Global comparable-store sales increased 7.9% in the latest quarter, with transactions up 4.2% and average ticket up 3.5%. U.S. comparable sales also rose 7.9%, indicating that the recovery is being driven by more than higher prices.
Starbucks Corporation (NASDAQ:SBUX) is spending roughly $150,000 per store on the new uplifts, far below the cost of previous renovations, and the work can generally be completed overnight without closing stores. The company expects about 1,500 upgrades to be finished by the end of September and ultimately wants to reach 8,000 to 9,000 company-operated North American locations.
That matters because Starbucks Corporation (NASDAQ:SBUX) has gradually become optimized for transactions rather than lingering. Mobile orders now account for roughly one-third of U.S. transactions, more than twice their share in 2019. The new design is therefore an attempt to restore the "third place" concept without abandoning the convenience that has become central to the business.
#corporation #NASDAQ #sales #transactions
2 months ago
Something strange is currently happening with interest rates and inflation.
The United States Federal Funds Rate -- essentially the price banks charge each other to borrow money overnight -- currently sits at 3.75%. The rate has remained at 3.75% throughout 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
For much of 2023 and 2024, the Fed Funds Rate was pegged at 5.5% to battle stubbornly high inflation. As inflation fears eased, the rate was gradually lowered to today's 3.75% level.
Despite a low and stable Fed Funds Rate, however, mortgage interest rates have begun to climb. According to the Wall Street Journal, average U.S. mortgage rates have climbed to a 15-month high of nearly 7%. Treasury yields, meanwhile, are approaching multi-year highs.
#NVIDIA #high
The United States Federal Funds Rate -- essentially the price banks charge each other to borrow money overnight -- currently sits at 3.75%. The rate has remained at 3.75% throughout 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
For much of 2023 and 2024, the Fed Funds Rate was pegged at 5.5% to battle stubbornly high inflation. As inflation fears eased, the rate was gradually lowered to today's 3.75% level.
Despite a low and stable Fed Funds Rate, however, mortgage interest rates have begun to climb. According to the Wall Street Journal, average U.S. mortgage rates have climbed to a 15-month high of nearly 7%. Treasury yields, meanwhile, are approaching multi-year highs.
#NVIDIA #high
2 months ago
By Lucia Mutikani
WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing expectations that the Federal Reserve will raise interest rates next week.
The Labor Department's Consumer Price Index report on Friday followed strong readings in several components of the Producer Price Index released on Thursday that feed into the Personal Consumption Expenditures price indexes, the inflation measures the U.S. central bank tracks for its 2% target. The two reports led economists to think that PCE inflation excluding the volatile food and energy categories picked up in August.
Financial markets initially priced in a 91% chance of a quarter-point rate hike at the Fed's meeting on Tuesday and Wednesday, before settling back to 87%, CME's FedWatch tool showed. That was up from 72% on Thursday. The Fed's benchmark overnight interest rate is currently in a 3.50%-3.75% range.
Most economists said the firmer inflation readings, combined with signs of the labor market regaining its footing in August, would compel Fed officials to raise borrowing costs not only next Wednesday, but possibly again in October or December.
#Consumer
WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing expectations that the Federal Reserve will raise interest rates next week.
The Labor Department's Consumer Price Index report on Friday followed strong readings in several components of the Producer Price Index released on Thursday that feed into the Personal Consumption Expenditures price indexes, the inflation measures the U.S. central bank tracks for its 2% target. The two reports led economists to think that PCE inflation excluding the volatile food and energy categories picked up in August.
Financial markets initially priced in a 91% chance of a quarter-point rate hike at the Fed's meeting on Tuesday and Wednesday, before settling back to 87%, CME's FedWatch tool showed. That was up from 72% on Thursday. The Fed's benchmark overnight interest rate is currently in a 3.50%-3.75% range.
Most economists said the firmer inflation readings, combined with signs of the labor market regaining its footing in August, would compel Fed officials to raise borrowing costs not only next Wednesday, but possibly again in October or December.
#Consumer
2 months ago
After Bayern Munich's 5-0 win against Bodo/Glimt, goal scorer Harry Kane was asked about his ongoing contract negotiations with the club. Though he could not offer any details of the contract or when he expects it to be done, he spoke with a calm confidence that everything would get done in due time.
"We had conversations, a couple of weeks ago and some more this week. As I said before, a contract doesn't happen overnight — it takes time to digest and see how we can make it best case possible for everyone involved. I don't expect it to be done in the next week or two, but hopefully in the next one or two months we should be where we want to be. Right now I'm at a happy place. All I want to do and what the club wants me to do is to focus on the pitch, score the goals and help the team. I'm calm.. It's hard to talk to you guys about it because it's confidential stuff. I'm sure in due time you'll know about the details and get the answers you're looking for. All I can say now is that the conversations are going well. We'll see what happens," Kane said (as captured by iMiaSanMia)
Kane's contract expires at the end of this season, but both sides seem to be confident that a deal will get done to keep the England captain in Bavaria. His comments on Thursday are consistent with updates from Bayern front office officials over the past months.
Where is your confidence level that Kane will remain with Bayern Munich after this season? Let us know in the comments.
Sign up for a user account and get:
#club #calm
"We had conversations, a couple of weeks ago and some more this week. As I said before, a contract doesn't happen overnight — it takes time to digest and see how we can make it best case possible for everyone involved. I don't expect it to be done in the next week or two, but hopefully in the next one or two months we should be where we want to be. Right now I'm at a happy place. All I want to do and what the club wants me to do is to focus on the pitch, score the goals and help the team. I'm calm.. It's hard to talk to you guys about it because it's confidential stuff. I'm sure in due time you'll know about the details and get the answers you're looking for. All I can say now is that the conversations are going well. We'll see what happens," Kane said (as captured by iMiaSanMia)
Kane's contract expires at the end of this season, but both sides seem to be confident that a deal will get done to keep the England captain in Bavaria. His comments on Thursday are consistent with updates from Bayern front office officials over the past months.
Where is your confidence level that Kane will remain with Bayern Munich after this season? Let us know in the comments.
Sign up for a user account and get:
#club #calm
2 months ago
Intellia Therapeutics, Inc. (NASDAQ:NTLA) entered a five-year senior secured credit facility with OrbiMed for up to $400 million and drew $75 million at closing. The remaining $325 million depends on milestones or further lender agreement.
The facility bears interest at an annual rate equal to the greater of 3% or the one-month Secured Overnight Financing Rate, plus 6.15%, payable monthly. The formula sets a 9.15% minimum. Applying that floor to the initial borrowing produces approximately $6.9 million of article-calculated annual interest before commitment, administrative, undrawn-amount, and facility fees.
The financing arrives as Intellia Therapeutics, Inc. (NASDAQ:NTLA) prepares for a potential U.S. launch of lonvoguran ziclumeran, or lonvo-z, for hereditary angioedema. Intellia Therapeutics, Inc. (NASDAQ:NTLA) held $628.4 million of cash, cash equivalents, and marketable securities as of June 30, but reported a $106.6 million second-quarter net loss.
The staged structure gives Intellia Therapeutics, Inc. (NASDAQ:NTLA) capital without issuing equity at closing and avoids drawing the full amount before milestones that could support additional debt.
A second $75 million tranche becomes available at the option of Intellia Therapeutics, Inc. (NASDAQ:NTLA) if the FDA approves the biologics license application for lonvo-z before a specified date. Three further $40 million tranches depend on lonvo-z revenue targets, while another $30 million requires an equity-fundraising milestone. This links most committed borrowing capacity to regulatory and commercial progress.
#million #therapeutics #ntla #lonvo
The facility bears interest at an annual rate equal to the greater of 3% or the one-month Secured Overnight Financing Rate, plus 6.15%, payable monthly. The formula sets a 9.15% minimum. Applying that floor to the initial borrowing produces approximately $6.9 million of article-calculated annual interest before commitment, administrative, undrawn-amount, and facility fees.
The financing arrives as Intellia Therapeutics, Inc. (NASDAQ:NTLA) prepares for a potential U.S. launch of lonvoguran ziclumeran, or lonvo-z, for hereditary angioedema. Intellia Therapeutics, Inc. (NASDAQ:NTLA) held $628.4 million of cash, cash equivalents, and marketable securities as of June 30, but reported a $106.6 million second-quarter net loss.
The staged structure gives Intellia Therapeutics, Inc. (NASDAQ:NTLA) capital without issuing equity at closing and avoids drawing the full amount before milestones that could support additional debt.
A second $75 million tranche becomes available at the option of Intellia Therapeutics, Inc. (NASDAQ:NTLA) if the FDA approves the biologics license application for lonvo-z before a specified date. Three further $40 million tranches depend on lonvo-z revenue targets, while another $30 million requires an equity-fundraising milestone. This links most committed borrowing capacity to regulatory and commercial progress.
#million #therapeutics #ntla #lonvo
2 months ago
BRATISLAVA, Sept 10 (Reuters) - Poland averted a threat to one of its border crossings with Ukraine overnight and expects its crossings will be targeted as Moscow strikes trade routes to try to weaken Kyiv economically, Prime Minister Donald Tusk said on Thursday.
He spoke after drones hit a border crossing between Ukraine and Moldova in the southern region of Odesa, killing two people on Wednesday.
"Last night, thanks to cooperation between our services and their Ukrainian counterparts, a direct threat to one of the border crossings was averted," Tusk told a press conference in the Slovak capital Bratislava.
"As you know, Russia has already resorted to provocative attacks on border crossings - for instance, in Moldova. We expect similar actions targeting border crossings with Ukraine in other countries, including Poland."
Russia did not immediately comment on Tusk's remarks.
#ukraine #bratislava #Russia
He spoke after drones hit a border crossing between Ukraine and Moldova in the southern region of Odesa, killing two people on Wednesday.
"Last night, thanks to cooperation between our services and their Ukrainian counterparts, a direct threat to one of the border crossings was averted," Tusk told a press conference in the Slovak capital Bratislava.
"As you know, Russia has already resorted to provocative attacks on border crossings - for instance, in Moldova. We expect similar actions targeting border crossings with Ukraine in other countries, including Poland."
Russia did not immediately comment on Tusk's remarks.
#ukraine #bratislava #Russia
2 months ago
Soybeans are falling back 5 to 6 cents so far on Wednesday, but a nickel off the early lows. The cmdtyView national average Cash Bean price was down 5 cents at $12.52 1/4. Soymeal futures are up 80 cents at midday, with Soy Oil 13 points lower. There were no deliveries against September soybean futures overnight, with 38 deliveries for September meal and 11 for bean oil.
USDA reported private export sale announcements of 340,000 MT of soybeans to China for 2026/27 and 100,000 MT of 2026/27 beans to unknown destinations this morning.
Will Corn's Bullish Trend Continue
Arabica Coffee Retreats as Brazil Supplies Hit the Market
Adequate Cocoa Supplies Pressure Prices
#cents #september #soybeans #futures
USDA reported private export sale announcements of 340,000 MT of soybeans to China for 2026/27 and 100,000 MT of 2026/27 beans to unknown destinations this morning.
Will Corn's Bullish Trend Continue
Arabica Coffee Retreats as Brazil Supplies Hit the Market
Adequate Cocoa Supplies Pressure Prices
#cents #september #soybeans #futures
2 months ago
Interested in AbbVie Inc.? Here are five stocks we like better.
SKYRIZI and RINVOQ remain AbbVie's main growth drivers, with additional opportunities in inflammatory bowel disease, vitiligo, alopecia and hidradenitis suppurativa. The company expects a subcutaneous SKYRIZI induction approval for Crohn's disease in the fourth quarter and plans further combination-therapy data.
AbbVie is advancing a broad pipeline, including the BCMA-directed cancer therapy etentamig, which showed strong early multiple-myeloma results and could support a rapid regulatory filing. Neuroscience programs such as bretisilocin for depression are also expected to deliver additional data this year.
The company is taking a selective approach to acquisitions and partnerships, having invested about $20 billion in roughly 30 transactions while increasing annual R&D spending toward $10 billion. Management maintained its outlook for high-single-digit annual revenue growth through the decade.
Moderna Just Doubled Overnight, and 2 More Healthcare Stocks Could Follow It
#disease #company #Therapy
SKYRIZI and RINVOQ remain AbbVie's main growth drivers, with additional opportunities in inflammatory bowel disease, vitiligo, alopecia and hidradenitis suppurativa. The company expects a subcutaneous SKYRIZI induction approval for Crohn's disease in the fourth quarter and plans further combination-therapy data.
AbbVie is advancing a broad pipeline, including the BCMA-directed cancer therapy etentamig, which showed strong early multiple-myeloma results and could support a rapid regulatory filing. Neuroscience programs such as bretisilocin for depression are also expected to deliver additional data this year.
The company is taking a selective approach to acquisitions and partnerships, having invested about $20 billion in roughly 30 transactions while increasing annual R&D spending toward $10 billion. Management maintained its outlook for high-single-digit annual revenue growth through the decade.
Moderna Just Doubled Overnight, and 2 More Healthcare Stocks Could Follow It
#disease #company #Therapy
2 months ago
FARGO, N.D. (AP) — The effort and energy Tim Polasek has poured into North Dakota State's football program on the climb to the FBS can be easily sourced back to his rural roots.
As a small-college quarterback on summer and winter breaks, and later to supplement a meager income as he launched a career in coaching, Polasek worked grueling jobs as a logger in the woods of central Wisconsin and on the overnight shift at a steel mill near his tiny hometown of Iola.
Appreciation for the unglamourous work as a small-college ***** istant sure comes quick with that background.
"I learned a lot there: That could be you if you don't graduate college and pursue something," said Polasek, who is 28-3 with the Bison since becoming head coach in 2024. "Seeing those tough jobs and other people having to execute that every day really always makes it an honor and a privilege to be the leader of this program."
Having handily beaten Jacksonville State and Fordham in their first two games, the Bison will face one of their biggest tests as a first-year FBS team on Saturday night: Their Mountain West Conference opener at Air Force.
#first
As a small-college quarterback on summer and winter breaks, and later to supplement a meager income as he launched a career in coaching, Polasek worked grueling jobs as a logger in the woods of central Wisconsin and on the overnight shift at a steel mill near his tiny hometown of Iola.
Appreciation for the unglamourous work as a small-college ***** istant sure comes quick with that background.
"I learned a lot there: That could be you if you don't graduate college and pursue something," said Polasek, who is 28-3 with the Bison since becoming head coach in 2024. "Seeing those tough jobs and other people having to execute that every day really always makes it an honor and a privilege to be the leader of this program."
Having handily beaten Jacksonville State and Fordham in their first two games, the Bison will face one of their biggest tests as a first-year FBS team on Saturday night: Their Mountain West Conference opener at Air Force.
#first
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2 months ago
BOSTON (AP) — The highest court in Massachusetts on Thursday issued a public reprimand against a district court judge who was accused of allowing an immigrant to escape U.S. Immigration and Customs Enforcement custody.
The case dates back to 2018 when Judge Shelley Joseph was accused of colluding with the immigrant's attorney and a court officer to allow him to escape out a back door of the courthouse after a hearing on charges that included drug possession.
The decision by the Supreme Judicial Court follows a recommendation for the reprimand by a hearing officer for the Commission on Judicial Conduct. It concluded that Joseph created the appearance of impropriety and failed to comply with the law.
"The respondent's statements during that conversation, including her proposal to detain (the immigrant) overnight in State custody, and her conduct in instructing the clerk to turn off the court room audio recording system, created an appearance of impropriety in violation of her duties," according to the Supreme Judicial Court ruling.
Joseph's attorney, Elizabeth Mulvey, argued at the commission hearing last year that the case had been distorted over time and that everyone had come to believe that her client "let an illegal immigrant out of the door" with half the public believing she should be jailed and the other half calling her a "folk hero."
#supreme #conduct #public
The case dates back to 2018 when Judge Shelley Joseph was accused of colluding with the immigrant's attorney and a court officer to allow him to escape out a back door of the courthouse after a hearing on charges that included drug possession.
The decision by the Supreme Judicial Court follows a recommendation for the reprimand by a hearing officer for the Commission on Judicial Conduct. It concluded that Joseph created the appearance of impropriety and failed to comply with the law.
"The respondent's statements during that conversation, including her proposal to detain (the immigrant) overnight in State custody, and her conduct in instructing the clerk to turn off the court room audio recording system, created an appearance of impropriety in violation of her duties," according to the Supreme Judicial Court ruling.
Joseph's attorney, Elizabeth Mulvey, argued at the commission hearing last year that the case had been distorted over time and that everyone had come to believe that her client "let an illegal immigrant out of the door" with half the public believing she should be jailed and the other half calling her a "folk hero."
#supreme #conduct #public
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2 months ago
Soybeans are trading with losses of 1 to 2 cents early on Wednesday. Futures closed the day with contracts 6 ½ to 10 cent gains across the board on Tuesday. Open interest was up 21,350 contracts, suggesting new buying interest. The cmdtyView national average Cash Bean price was up 6 1/2 cents at $12.57 1/4. Soymeal futures were down $1.50 to $5.30 at the close, with Soy Oil 94 to 155 points higher. There were no deliveries against September soybean futures overnight, with 38 deliveries for September meal and 11 for bean oil.
Monday's Crop Progress data from NASS showed 26% of the US soybean crop dropping leaves. Condition ratings were steady at 58% gd/ex, with the Brugler500 index unchanged at 353.
Will Corn's Bullish Trend Continue
Arabica Coffee Retreats as Brazil Supplies Hit the Market
Adequate Cocoa Supplies Pressure Prices
#interest #deliveries
Monday's Crop Progress data from NASS showed 26% of the US soybean crop dropping leaves. Condition ratings were steady at 58% gd/ex, with the Brugler500 index unchanged at 353.
Will Corn's Bullish Trend Continue
Arabica Coffee Retreats as Brazil Supplies Hit the Market
Adequate Cocoa Supplies Pressure Prices
#interest #deliveries
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2 months ago
GFL Environmental Inc. (NYSE:GFL) completed its acquisition of SECURE Waste Infrastructure, adding a specialized waste and energy-infrastructure platform across Western Canada and North Dakota. At the announcement, the transaction had a C$6.4 billion enterprise value, with shareholder consideration comprising 80% GFL shares and 20% cash.
Closing required the issuance of 75,126,306 subordinate voting shares, capacity under the revolving credit facility, and a new US$1 billion senior secured term loan. The loan matures in August 2033 and carries interest at the Secured Overnight Financing Rate plus 200 basis points. GFL Environmental Inc. (NYSE:GFL) estimates an interest rate of approximately 5% after its cross-currency interest-rate swaps.
SECURE brings a difficult-to-replicate network spanning more than 80 locations, including landfills, waste-treatment and recycling facilities, injection wells and transfer stations. It also operates crude oil terminals, storage facilities and pipeline-connected infrastructure. The ****** ets broaden services and operating density in Western Canada.
More than 2,000 SECURE employees are joining the combined company. SECURE President and Chief Executive Officer Allen Gransch and other managers will continue leading the acquired operations as employees and shareholders. Retaining the operating team should help preserve customer relationships and institutional knowledge during integration.
The acquisition cost is spread across debt and equity. The 2033 maturity provides time for cash generation, while management said the term-loan transaction did not affect the company's credit rating.
#secure
Closing required the issuance of 75,126,306 subordinate voting shares, capacity under the revolving credit facility, and a new US$1 billion senior secured term loan. The loan matures in August 2033 and carries interest at the Secured Overnight Financing Rate plus 200 basis points. GFL Environmental Inc. (NYSE:GFL) estimates an interest rate of approximately 5% after its cross-currency interest-rate swaps.
SECURE brings a difficult-to-replicate network spanning more than 80 locations, including landfills, waste-treatment and recycling facilities, injection wells and transfer stations. It also operates crude oil terminals, storage facilities and pipeline-connected infrastructure. The ****** ets broaden services and operating density in Western Canada.
More than 2,000 SECURE employees are joining the combined company. SECURE President and Chief Executive Officer Allen Gransch and other managers will continue leading the acquired operations as employees and shareholders. Retaining the operating team should help preserve customer relationships and institutional knowledge during integration.
The acquisition cost is spread across debt and equity. The 2033 maturity provides time for cash generation, while management said the term-loan transaction did not affect the company's credit rating.
#secure
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