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1. Introduction and Summary On July 30, 2024 – a mere 32 months after adopting a new regulatory framework for brokered deposits in December 2020 (the “Current Rules”) – the Federal Deposit Insurance Corporation (“FDIC”) issued a notice of proposed rulemaking (the “Proposal”) that, if adopted, would replace the Current Rules with a regulatory framework that reverts in some cases to the pre-2020 framework and in other cases to policies in place well before 2020. Comments on the Proposal are due 60 days after publication in the Federal Register. The Proposal, approved by the FDIC board in a 3-2 vote…

Netflix loves real estate shows. The platform has invested in several real estate projects in recent years, including the acquisition of Beverly Hills and ownership of Manhattan. If you’re a real estate geek looking for a new series to dive into, we’ve got you covered. If you want high-end properties, intense negotiations, and boring drama, this is the list for you. Here are the best real estate shows on Netflix right now… Selling Sunset – 8 seasons and one of the Netflix OGs Selling Sunset is one of Netflix’s first projects in the reality real estate genre. The show first…

Selected businesses will receive up to $5,000 to compensate for lost customers. TOLEDO, Ohio — The City of Toledo is offering assistance to businesses that have lost customers due to construction. Applications are now being accepted for the Legacy Corridor Business Resilience Grant, which awarded small businesses $5,000 and was recently approved by the City Council. The city’s Economic Development Department plans to inspect businesses on Broadway Street from Western Avenue to Stebbins Street. April Welch, the city’s deputy director of economic development, said, “The purpose is to help with operating costs as road construction reduces foot traffic.” Welch said…

As the fall IPO market remains strong, four IPOs each raised at least $75 million this week, but one company postponed its deal. Early childhood education (ECE) provider Kindercare (KLC) priced just below the midpoint of its range to raise $576 million at a market cap of $2.8 billion. After being acquired by Partners Group in 2015 and exiting its IPO attempt in 2022, Kindercare refocused its core business, closing unprofitable child care facilities and acquiring or opening new facilities in attractive locations. I did. The company is now back to pre-pandemic occupancy and has the capacity to serve…

Sign up below to get Mission Local’s free newsletter, a daily digest of news you won’t find anywhere else. Proposition G is a charter amendment that would create an affordable housing fund to subsidize certain very low-income rental housing starting in 2026. Learn more in 60 seconds. So please vote! Prop G 60 second instructional video. Video by Laura Wenas. Would you rate our election coverage?Mission Local brings you election news from across San Francisco. We ask all director candidates weekly questions in our “Meet the Candidate” series. The “See How They Run” series features daily campaign coverage of mayoral…

After outweighing a steep decline in U.S. Treasuries over the past week, local governments tried to pull back some on Friday as they were hit by pressure over the curve ahead of a holiday-shortened but still high-supply week.Triple-A yields rose 2 to 5 basis points, U.S. Treasuries rose for the first time in a decade, and economists continued to reassess their expectations for Federal Reserve policy, but with little consensus and more mixed results. ended the week with economic indicators.”The chances of a rate cut next month have been significantly reduced on the back of strong employment data and stronger-than-expected…

ALBANY, N.Y. (WRGB) — A recently passed New York state law prohibiting licensed firearm owners from carrying concealed firearms on all private property is unconstitutional, a federal judge has said.The ruling handed down Thursday in the U.S. District Court for the Western District of New York follows a December 2023 ruling by the Second Circuit Court of Appeals.This law makes it a felony for concealed carry permit holders to carry firearms on any private property (unless expressly authorized by the property owner). District Court Judge John Sinatra Jr. wrote that the state cannot enforce the rule on private property that…

Florida CFO Jimmy Patronis joins “Fox & Friends” to discuss the state’s property insurance crisis as residents reel from Hurricane Milton. Floridians are just starting to get back on track after Hurricane Milton hit the state. But some residents are especially upset about the lack of insurance coverage. Chief Financial Officer Jimmy Patronis appeared on “Fox & Friends” Friday from the scene, telling the story of a 70-year-old man with no insurance whose home was destroyed.”(He) was heartbroken,” Patronis told Fox News’ Steve Doocy. “He was probably about 70 years old. He lived next door to a woman who was…

Victor Linero was watching news coverage of Hurricane Milton moving toward Florida when he suddenly saw live video of a tornado near his grandfather’s house — the hurricane was hitting the other side of the state. It was a few hours ago.In a panic, Linero called his grandfather to warn him that he needed to evacuate.Linero, 26, who was raised by his grandfather, recalls, “I was screaming, “Papi, evacuate quickly!”” “Then you start hearing, ‘Oh my God!’ Oh my God!”I heard my grandfather, Alejandro Alonso, 66, scream for the last time. Then the person on the other end of the…

The dark ocean floor of the Pacific Ocean’s Clarion-Clipperton Zone (CCZ) is littered with what looks like chunks of charcoal. These modest metal deposits, called polymetallic nodules, contain metals such as manganese and cobalt, which are used to make batteries, and are a target for deep-sea mining companies.Now, researchers have discovered that this precious nodule has a surprising function. That is, they produce oxygen and that is done even without sunlight. “This is a completely new and unexpected discovery,” says Lisa Levin, professor emeritus of biological oceanography at the Scripps Institution of Oceanography, who was not involved in the study.The…