The cost of a traditional Thanksgiving dinner for 10 people is expected to be more affordable this year due to a decrease in turkey prices. According to the American Farm Bureau Federation, the overall cost has decreased by 4.5% from last year, totaling $61.17 or $6.12 per person. Turkey, being the centerpiece of the meal, contributes the most to the total cost. However, this … [Read more...] about Thanksgiving Dinner Costs Drop
Forex News
City Pub Group Shares Rise after Takeover Agreement with Young & Co.’s Brewery
City Pub Group's shares have surged by 37% after the company announced its agreement to a £162 million ($201.2 million) takeover by Young & Co.'s Brewery. However, it is expected that there will be job cuts following the completion of the deal. At 13:52 GMT, the shares were up 36.50 pence, reaching 135.50 pence, whereas Young shares declined by 10.0 pence or 0.9% to 1,100.0 … [Read more...] about City Pub Group Shares Rise after Takeover Agreement with Young & Co.’s Brewery
Mortgage Rates See Third Consecutive Weekly Decrease
The latest data suggests that mortgage rates have fallen for the third consecutive week, signaling a potential slowdown in inflation. As of November 16, the 30-year fixed-rate mortgage averaged 7.44%, a decrease of 6 basis points from the previous week. This figure is also lower compared to the 7.5% average from the same time last year. In addition, the average rate on the … [Read more...] about Mortgage Rates See Third Consecutive Weekly Decrease
Auto Loan Defaults May Pose Challenges for CarMax
An anticipated surge in defaults on auto loans could spell trouble for CarMax, a leading online car dealer. Despite having an Outperform rating on CarMax stock (KMX), Wedbush analyst Seth Basham has revised his price target from $90 to $80. This adjustment comes on the heels of an analysis of CarMax Auto Finance's latest auto-loan data. According to Basham, the delinquency rate … [Read more...] about Auto Loan Defaults May Pose Challenges for CarMax
The Changing Landscape of Australian Pension Funds
Pension funds in Australia have traditionally taken a less confrontational approach when it comes to corporate disagreements. They prefer to work quietly behind closed doors to bring about change. However, a recent development surrounding the US$10.50 billion takeover bid for Origin Energy by a consortium led by Brookfield Asset Management suggests that pension funds are … [Read more...] about The Changing Landscape of Australian Pension Funds
