The longer the maturity and the lower the coupon, the more sensitive the note/bond price is to changes in interest rates. To pause and reflect for a moment on what we’ve discuss so far, the price of the bonds held …
Global leaders are racing to salvage an international deal to allow Ukraine’s grain shipments by sea before it expires in less than two weeks. They face a key problem: the pact, already extended three times, is nearly defunct. The nation’s …
A group of 25 Republican state attorneys general Thursday urged the Biden administration to abandon its proposal to sharply cut vehicle tailpipe emissions, which would require dramatically more electric vehicles, saying it would harm the economy and burden the electrical …
Colorado State University (CSU) hurricane researchers have upped their hurricane season forecast. An above average Atlantic hurricane season is now expected for 2023, though there is a greater level of uncertainty than normal. The CSU team now predicts 18 named …
The South Carolina Safe Home wind mitigation program has been revised to allow higher grant awards, due to the rising cost of construction materials and labor. The South Carolina Department of Insurance said in a bulletin this week that the …
An insurer that used CCC Intelligent Solutions software to determine the payout for a claimant’s vehicle did not violate a Florida law that sets forth only three methods that auto insurers may use to determine actual cash value, a divided …
If a person’s right to bring a personal injury lawsuit has expired by the time of his or her death, the person’s estate is barred from bringing a wrongful death suit in Massachusetts for the benefit of the beneficiaries. The …
A Maryland board approved $2.9 million in compensation Wednesday for a man who was wrongly imprisoned for 32 years, including a decade on death row, for two murders he did not commit. John Huffington was pardoned by former Gov. Larry …
An explosion at a building housing public works equipment in a Pennsylvania township destroyed the structure and heavily damaged some nearby homes, but no injuries were reported. Officials in Lancaster County`s Rapho Township said six employees were coming to work …
Brian Keith Arteaga, 39, of Placentia, California, was arraigned this week on multiple felony counts of grand theft by embezzlement, theft of fiduciary funds, insurance fraud, and money laundering after a California Department of Insurance investigation found he allegedly stole …
