UK prime minister Rishi Sunak is facing the prospect of two parliamentary by-elections in Conservative strongholds this autumn after Chris Pincher lost his appeal against an eight-week suspension from the House of Commons for groping two men last year. An independent parliamentary panel upheld the recommendation by the Commons standards committee in July, ruling that
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Gary Burchell | Getty Images More couples are becoming homeowners before tying the knot. Unmarried couples make up 18% of all first-time homebuyers, up from just 4% in 1985, according to a 2022 report by the National Association of Realtors. The organization mailed out a survey in July 2022 and received a total of 4,854
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In this article CHEF INTU PANW MRVL NVDA PANW MRVL NVDA Follow your favorite stocksCREATE FREE ACCOUNT The logo of Nvidia at its corporate headquarters in Santa Clara, California, May 2022. Nvidia | via Reuters The macro backdrop is looking challenging as September begins, but analysts have highlighted several stocks that they feel confident about
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When it comes to real estate investing, taking a long-term approach has key benefits. The most successful investors I’ve dealt with in my career have built their portfolios over time. While there could be challenges to acquiring and refinancing assets in today’s market, there are still opportunities to be had. If you’re an investor who
A sign is posted in front of a Broadcom office on June 03, 2021 in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. VMware — The cloud services company slid 2.6%, a day after giving a mixed second-quarter report. While VMware surpassed expectations for earnings per
Investor-owned Georgia Power will recover capital costs associated with the over-budgeted construction of two new nuclear reactors from ratepayers, according to a preliminary agreement announced Thursday. Georgia Power and the Georgia Public Services Commission’s public interest advocacy staff agreed to a $7.56 billion cap on the amount of capital construction costs placed in the rate
Municipals were little changed ahead of the Labor Day weekend and a larger new-issue calendar led by California, while U.S. Treasuries were weaker after the August jobs report showed a slowing labor market. Equities ended mixed. Friday’s jobs report reinforced some market participants’ belief the Fed will opt to skip a rate hike at the
The Federal Aviation Authority expects to release its latest airport terminal grant opportunity as soon as next week. The Airport Terminal Program offers up $1.2 billion in fiscal 2024 for projects that address the aging infrastructure of the nation’s airports. It’s a popular and competitive program that’s now in its third year of funding under
Oregon’s third-largest city is about to lose its only hospital, illustrating the fallout of pressured health-care systems across the country. Operator PeaceHealth announced last week its plan to shutter University District hospital because of underutilization. The hospital in Eugene, which is home to the University of Oregon, loses an average of $2 million a month,
The Biden administration’s revised rule on the definition of polluted waterways threatens to delay transportation projects and drive up costs, road infrastructure groups warned last week after the Environmental Protection Agency released a revised rule that attempts to conform to a recent opinion from the U.S. Supreme Court. The EPA’s revised Waters of the United
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Pension obligation bonds may be on a list of options for Dallas officials as they tackle a persistent funding problem in the city’s retirement system. During a presentation to the city council last month on debt capacity for a 2024 general obligation bond referendum, Dallas Chief Financial Officer Jack Ireland said $400 million of available
Dealing with the market turmoil sparked by then UK prime minister Liz Truss’ ill-fated “mini” Budget last year felt like swimming with crocodiles, according to the Bank of England’s chief economist. Huw Pill told a panel at South Africa’s central bank on Friday that the September fiscal event, which set out £45bn in unfunded tax
In this article VALE-BR LULU MDB DELL Follow your favorite stocksCREATE FREE ACCOUNT A Dell Technologies flag outside the company headquarters in Round Rock, Texas, US, on Monday, Feb. 6, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Check out the companies making headlines before the bell: Dell Technologies — Dell Technologies surged 10.5% after
Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters With record-high home prices and soaring mortgage interest rates, homeownership has become increasingly unaffordable — and hidden costs can surprise first-time buyers, experts say. Indeed, everyday home expenses, including utility bills, property taxes, insurance and home maintenance, cost the average
Although Oregon’s tax collections have stabilized after several quarters of unexpectedly rapid growth, the state expects to pay out a record-breaking $5.6 billion through its “kicker” rebate, according to state economists, while lawmakers expect to have more to spend on infrastructure and social programs. The previous record kicker was $1.9 billion in 2022. Taxpayers will
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Britain’s economic performance since the start of the Covid-19 pandemic was much better than previously thought, the Office for National Statistics said on Friday as revised figures added nearly 2 per cent to the size of the economy. The changes mean that by the end of 2021, the UK economy was 0.6 per cent larger