Author: IA PressRoom

Rmcarvalho/iStock via Getty Images REITs gained this week as the Senate approved the debt ceiling bill, enabling the country to avert its first ever default. Also, several Federal Reserve officials have been saying they expect to skip a rate hike at the June meeting. The Fed “really should skip, not pause,” an interest-rate increase at the upcoming June 13-14 meeting as monetary policy is close to being restrictive “if not at that point right now,” Philadelphia Fed President Patrick Harker said. Recent news strengthened the market sentiments surrounding REITs, with the FTSE Nareit All Equity REITs index rising by 3.33%…

A San Francisco housing organization transformed a garage into three small apartments. The affordable housing units cost $600,000 and are seen as a victory in the city’s housing crisis. But critics told San Francisco Standard the cost of the units is high considering the square footage. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Garages in California’s Bay Area used to be the birthplaces of the world’s biggest tech companies — but now they may serve as an answer to the region’s housing crisis. An…

© Reuters. The logo of Swiss bank UBS is seen at its headquarters in Zurich, Switzerland October 25, 2022. REUTERS/Arnd Wiegmann (Reuters) – UBS is considering delaying its quarterly results at least until the end of August, as the Swiss banking giant deals with complexities over its takeover of Credit Suisse, the Financial Times reported on Sunday. The bank is scheduled to report its April-June results on July 25. UBS did not immediately respond to a request for comment on the report. Executives at Switzerland’s biggest bank are weighing delaying the publication of results along with an update on the…

As the politicians and Republican Party officials tossed out the red meat on Saturday at an event at the Iowa State Fairgrounds, Wayne Johnson, a 70-year-old farmer and financial consultant from Forest City, Iowa, had some quieter thoughts about the next president he would like to see.The violence in American schools and public places, the tribalism in politics, the negativity of the nation’s elected officials — “If a leader can take us in a positive direction, people will follow,” Mr. Johnson said.His wife, Gloria, jumped in. “I really don’t care about people’s sexual habits and I don’t want to hear…

I’ll be retiring at 55 in three years with a $60,000 a year pension. Can you help me find an area that meets my requirements and secondary wish list? Driving distance to big airport Great weather for arthritis (I like Las Vegas) Low or no taxes on a pension I will have about $125,000 to put down on a property and wouldn’t want to spend more than $1,400 a month on mortgage payments Secondary wish list: New or newer construction home/townhome/retirement community Near an ocean (or short flight to one) Scenic area Thanks for your time! I hope you can…

When it comes to office tedium, I had thought there was little left to say about the draining, unkillable cockroach of the internet that is work email.I discovered last week there was, when a friend at work told me how thrilled her 10-year-old was to have his first email account. “He gets unbelievably excited whenever a new mail lands in his inbox,” she said. Most came from her or his teacher, but he counted them as they arrived and had just announced he had a whole 175.As I absorbed the poignant thought of how soon his joy would turn to dread…

imaginima/iStock via Getty Images Oil and gas companies, as well as wind and solar developers, say language in the debt ceiling bill intended to speed up the federal permitting process for large infrastructure projects does not go far enough but could be a precursor for more sweeping legislation. The reforms in the bill include revisions to the National Environmental Policy Act of 1970 which limit the environmental permitting process to two years, and require projects to name a single lead agency that would develop one master environmental review document. The bill also orders a study of U.S. grid capacity to…

Why It Matters: Small donors help sustain a campaign and show grass-roots support.How a campaign raises money matters. Because of strict campaign contribution limits of $3,300 per person for the primary, campaigns that raise money chiefly from bigger contributors cannot return to those same donors again and again for support.Small contributors are particularly valuable because they can give $30 more than 100 times before bumping up against contribution caps.Tim Tagaris, a Democratic digital strategist who oversaw the Sanders fund-raising operation in 2020, called the number of DeSantis donors surprisingly small.Mr. Tagaris said that 40,000 “donations in a week for a…

Your diploma has been framed, the cap and gown are in storage, and you’ve been to more going-away parties than you can count. Now, where to focus that job hunt and narrow down where to live after graduation? If your destination wish list includes lots of culture, a smaller-town feel and football Saturdays (you’re never too old to tailgate), it may be time to head back to school — only without all the classes and homework. 1. Madison, Wis. Lakes Monona and Mendota and the urban core of Madison, Wis. istock If the Midwest is calling your name, this authentic…

Former VP Mike Pence rode a Harley-Davidson for the “Roast and Ride” event in Iowa on Saturday. He’s ridden Harleys at other events over the years. It’s unclear if the bikes were his or borrowed. Pence is expected to officially announce his 2024 bid for the White House next week. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Former Vice President Mike Pence rode into the Iowa state fairgrounds on a Harley on Saturday, grinning broadly as he hopped off the hog.Politics reporters noted…