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The amount of savings held in fixed deposit accounts crossed the 2 trillion mark for the first time in July, due to a scramble by savers lured by commercial banks’ high interest offers. According to the latest data from the Central Bank of Kenya (CBK), fixed deposit balances reached 2.02 trillion silicate for the first time in July, an increase of 13.6% from 1.76 trillion silicate in the same period last year. Banks typically pay higher rates of return on term deposits as opposed to savings deposits as an incentive for customers to keep their funds with the financial institution…

UNION CITY — A big tech company expands its East Bay real estate binge with a deal that comes as a reminder that some Bay Area tech companies are still betting on expansion despite uncertain times. It is something that makes youFortinet purchased an industrial and warehouse building in Union City for $16.2 million, according to documents filed Aug. 28 with the Alameda County Recorder’s Office.The technology company’s purchase of the building at 33372 Transit Ave. in Union City is the latest in a series of real estate purchases in the East Bay municipality over the past eight years, according…

SPARTANBURG, SC (FOX Carolina) – The South Carolina Restaurant and Lodging Association (SCRLA) is launching a three-day campaign to raise special disaster relief grants for Spartanburg County hospitality workers affected by Helen. I launched it.The Hubitality campaign “Dine Out Spartanburg” encourages people to dine out at participating restaurants in the area from October 11th to October 13th. During the campaign, a portion of the proceeds received by restaurants will be donated to the Hubitality Employee Relief Fund. Restaurants can choose any type of promotion they want. Donate 10% of your weekend sales or a portion of your sales for a…

U.S. stocks rose on Tuesday as investors cheered a rebound in tech stocks and a rebound from a sharp rise in oil prices, with renewed focus on interest rates and the state of the U.S. economy.The Nasdaq Composite Index (^IXIC) rose about 1.2% as the tech giant recouped some of its losses from the previous session. The benchmark S&P 500 (^GSPC) rose about 0.7%, and the Dow Jones Industrial Average (^DJI) rose about 0.2%.Stocks are expected to resume the upward trend of recent months as Monday’s headwinds ease and oil prices fall as tensions in the Middle East ease some.China’s…

Signs like this one at Brownell Middle School in Grosse Pointe Farms are installed throughout the Grosse Pointe Public School System to explain sinking fund millage requirements and show what sinking funds have been used for in the past. displayed in the building.Photo credit: K. Michelle Moran advertisement GROSS POINTE/HARPER WOODS — With aging buildings and significant infrastructure needs, Grosse Pointe Public School System officials announced this fall that they will be making $3 million over 10 years to cover some of those expenses. Seeks voter approval for dollar sinking fund levy. The current five-year, $1 million levy expires in…

Chamblee residents will vote on a $30 million bond referendum on the Nov. 5 ballot to pay for parks and trails, resulting in a tax increase of about $118 for the average homeowner. Chamblee has added more than 12,000 new residents and more than doubled in size over the past decade, making it the fastest growing city in DeKalb County. The city says these parks are in dire need of restoration, from improved safety with lighting to riverbank restoration and trail construction. The city’s 2016 Parks and Recreation Master Plan estimates the need for $58 million. According to the Chamblee…

RockPoint, a Boston-based real estate private equity firm, today announced the sale of two industrial properties on Sanyo Avenue in Otay Mesa, California to Buddy Development. This transaction is the third in a series of three industrial properties. Properties Rockpoint and Badiee jointly purchased and developed, with Rockpoint completing the realization of all three properties. Financial terms of the deal were not disclosed. The 243,000 square foot property is located in a desirable economic hub, 20 minutes from downtown San Diego and less than a mile from the second most active U.S.-Mexico commercial border. Strategically located to take advantage of…

When: Wednesday, October 9th, 2:00 p.m. What: State Farm Insurance donation to the Corpus Christi Fire Department. Location: Oak Park Elementary School Cafeteria 3801 Leopard Street, 78408 Who: Capt. Mark D. Lewis, Deputy Fire Marshal, Corpus Christi Fire Department Arlene Madali Cordell, State Farm, on behalf of the Insurance Council of Texas; CORPUS CHRISTI, Texas – In conjunction with National Fire Prevention Week, the Corpus Christi Fire Department (CCFD) will receive smoke detectors donated by State Farm Insurance. National Fire Prevention Week 2024 runs from Sunday, October 6th to Saturday, October 12th. Smoke alarms play an important role in fire…

Andres Iniesta, who scored Spain’s winning goal at the 2010 World Cup and was one of the key figures behind Barcelona’s long-standing tiki-taka, announced his retirement from football on Tuesday. Andres Iniesta announces retirement after 22 years of career (AFP) Iniesta, 40, has ended a 22-year career that included two European titles and four Champions League titles. At the ceremony held near the port of Barcelona, ​​Iniesta said with emotion, “I never expected this day to come, I never imagined it.” “But all the tears these past few days have been tears of emotion and pride, not tears of sadness.…

The United Nations Principles for Responsible Investment (PRI) conference in Canada this week draws investors from around the world, and ICAN is joining forces with sustainability leaders to end the new nuclear arms race. . ICAN’s efforts to reduce funding for the nuclear weapons industry reach new heights as 129 investors express support for the Treaty on the Prohibition of Nuclear Weapons Amid debate on responsible investing in new geopolitical realities did There is no doubt that the use of nuclear weapons would have devastating effects on people and the environment, but what is less talked about is the incredible…