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AUGUSTA, Ga. (WRDW/WAGT) – Helen did a lot of work with CSRA, and a month after the hurricane, people in and around her community are still doing so.The Community Foundation is one such group. They announced a second round of relief grants to nonprofits on Monday totaling $743,000.American Red Cross – CSRA Aparo Academy Augusta Dream Center CSRA EOA Church of Edgefield County Helping Others Edgefield County Youth Empowerment Center Mana St. Paul Vincent De Paul Society Georgia Jessye Norman School of the Arts Women Uniting“This is the beauty of Community Foundations,” says Shel Berry, President and CEO of Community…
Andrew Pyle, Senior Investment Advisor and Senior Portfolio Manager at CIBC Wood Gundy, joins BNN Bloomberg to talk about finding opportunities in the fixed income markets. Cost of capital is considered the most important input in the valuation of most assets. The core of monetary policy is the management of the secured overnight lending rate (SOFR, formerly LIBOR) by the U.S. Federal Reserve. Almost everything in the world of risk assets is based in some way on this all-important cost of funds. The basis of fiscal policy is the US economy’s debt and deficits that are projected to increase net…
La’Shawn Ford, who represents the 8th District in the Illinois House of Representatives, is introducing a bill that would sell the state-owned land where the White Sox play on Chicago’s South Side. Guaranteed Rate Field is not in Chicago’s 8th District, which includes parts of the Austin neighborhood and the suburb of Forest Park, but Ford said selling the land would free not only the South Side but also the state of Illinois from debt related to the White Sox. He said he would be able to repay the debt. And it gets revenue from property taxes that the state…
Executives at Florida-based Wyeth Ratings are warning of the high number of claim denials in the aftermath of Hurricanes Helen and Milton, calling it a “double tragedy” for homeowners in the state. ”. Dr. Martin Weiss, founder of Weiss Ratings, said: “The number of denials is shocking, especially when homeowners have diligently paid all premiums and followed all regulations.” Florida currently has some of the highest home and auto insurance premiums in the nation. There is a wide disparity in flood insurance coverage, with approximately one in seven homeowners choosing to go uninsured. Nevertheless, an initial report from the Florida…
FORT NOVOCELE, Alabama — Five soldiers retired after a combined 108 years of service during the Fort Novoselle Quarterly Retirement Ceremony held Oct. 25 at the U.S. Army Aviation Museum. Col. Jason Woodward, 1st Aviation Brigade commander, officiated the ceremony and spoke, assisted by Commanding Officer Sergeant John Woodward. Major John Bonilla. Below is a short article about each retiree. Chief Warrant Officer 4 Michelle Helland Chief Warrant Officer 4 Michelle Helland entered military service in 2003 as an 11B Infantryman. In 2009, he applied and was selected for the Army Warrant Officer CID Special Agent position. During his 21…
The return on Yale’s endowment in fiscal year 2024 was 5.6%, the second-lowest return among Ivy League schools, the university announced late last week. Assets under management of the Investment Office increased to $41.4 billion and investment returns were $2.3 billion. The foundation distributed $2 billion during the fiscal year to support university operations and received $231 million in endowments. Through gifts, investment income, and distributions, the endowment’s assets increased by $700 million. Matt Mendelsohn, chief information officer at Yale University, said the return was due to lagging returns on private market assets. The late Yale University and former chief…
Leading public sector lender Bank of Baroda has adjusted its deposit growth target from 10-12 per cent to 9-11 per cent and lowered its loan growth forecast to 12-14 per cent after growth in the first and second quarters was lower than expected. % to 11-13%. . The adjustments are aimed at maintaining margins, which reached 3.10% this quarter, just below the target range, Devadatta Chand, MD and CEO, said in an interview with CNBC TV-18. said.Bank of Baroda’s net profit for Q2 FY25 stood at Rs 5,238 crore, up 23.2% from Rs 4,253 crore in the year-ago period. Net…
The Alabama Association of Realtors (AAR) has released its September 2024 Monthly Economic Report. According to the report, Alabama has 4.6 months worth of housing inventory. This is an increase of 1.3 months of supply compared to the same period last year, and the highest level in more than five years. The Huntsville-Madison County market had 4.2 months of supply, according to the Huntsville Area Association of Realtors. Along with this increase in inventory, the number of active listings has also increased. September marked the eighth consecutive month of increases in the number of active listings across the state. The…
As a former billionaire, Diddy lost money in a declining empire. As cited in a report in US Weekly, a number of high-profile lawsuits and federal criminal charges of extortion and human trafficking have led to Sean Diddy Combs’ involvement in everything from media and television to record labels and liquor brands. ‘s empire is collapsing.As a judge decided in September, prosecutors cited Mr. Didi’s vast wealth as justification for denying bail, making him a flight risk and potentially leaving the country without being arrested. He claimed that there was. Journalist Zach O’Malley Greenberg, known for his work on Diddy’s…
NEWARK, Del, Oct. 28, 2024 (GLOBE NEWSWIRE) — The global demand for natural rubber is projected to reach a valuation of USD 18,270.6 million in 2023 and is expected to grow at a steady compound annual growth rate (CAGR) of 5.4% from 2023 to 2033. This growth trajectory is driven by the increasing demand in key sectors such as automotive, construction, and industrial manufacturing, where natural rubber is a crucial raw material, particularly in tire production and various durable goods. By 2033, the market’s value is anticipated to reach USD 30,914.3 million, underscoring the sustained demand for this eco-friendly, high-performance…