A security guard accused of trying to kidnap, rape and murder Holly Willoughby was sexually aroused by his “real-life” plot, a court has heard, with prosecutors arguing the “boring” content of his messages was evidence of his guilt. Wednesday 3 July 2024 09:29, UK A security guard accused of attempting to kidnap, rape and murder Holly Willoughby “went to every possible step” to suggest his plan was more than just a fantasy, a court heard. A jury at Chelmsford Crown Court heard on Monday that Gavin Plumb's sexual motivation was clear from the “horrifying messages” he sent online.Prosecutor Alison Morgan…
Author: Private Lending Agent
Key Takeaways As inflation spiked in the first quarter, some market participants questioned whether monetary policy was tight enough to contain price pressures. Since then, economic data has suggested that the Federal Reserve's higher interest rates, aimed at taming inflation, appear to be having the desired effect. That's important, because the central bank has stuck to the idea that its future monetary policy efforts will be data-driven. With inflation subsiding and the economy slowing, the Federal Reserve's monetary policy appears to be working exactly as it was originally intended. The Federal Reserve has raised influential interest rates to their highest…
Commercial solar power offers a great return on investment. According to the U.S. Energy Information Administration (EIA), the average commercial building spent $650.04 on electricity in 2021 (likely on par with most small businesses). This equates to $7,800 in operating costs per year. Over a 20-year period, a business would spend approximately $156,010 on energy costs.Based on the same EIA dataset, the average commercial building consumed approximately 69,540 kWh of electricity in 2021. Let's assume your business installs a solar panel system that offsets 90% of this electricity consumption, and let's also assume that the system's production rate (the ratio…
A 36-unit apartment complex in Denver's Cherry Creek neighborhood has sold for $23 million, according to the Denver office of real estate firm CBRE.The three-story One19 Cherry Creek apartment building at 119 S. Harrison St. was sold by New York-based real estate finance firm Ready Capital to California-based commercial real estate firm Epp & Sons, Inc. CBRE represented the seller.Built in 2021, the properties are mostly 2 bedroom units with an average size of 1,366 sq ft. The total size is 47,330 sq ft.The property was valued at $26.4 million, according to city records.Amenities include walk-in closets, balconies, a 24-hour…
Shares of First Foundation (NYSE:FFWM), a Texas-based regional bank facing commercial real estate risks, fell sharply on Wednesday after receiving some much-needed help from a group of investors led by Fortress Investment Group. The company's shares closed at $6.58 per share on Tuesday but fell 24.7% to $4.95 by midday Wednesday. Investors including Fortress, Canyon Partners, Strategic Value Bank Partners and North Leaf Capital have agreed to buy a combined $228 million in common and preferred stock at $4.10 a share from the Dallas bank, which has about $14 billion in assets, according to The Wall Street Journal. As part…
The hope on Wall Street is that the economy will soften just enough to keep inflationary pressures in check, but not so much that workers lose their jobs and trigger a recession. Photo by Brendan McDiarmid/Reuters NEW YORK (AP) — Wall Street's record rally continued Wednesday as a weak report on the U.S. economy left interest rate cuts open for possibility. The S&P 500 rose 0.5%, hitting a new all-time high for the second consecutive day and its 33rd this year. The Dow Jones Industrial Average fell 23 points, or 0.1%, while the Nasdaq Composite Index rose 0.9% from its…
Mortgage rates reversed a downward trend and rose for the first time in five weeks. Rates increased by 9 basis points, according to data from Freddie Mac. Yahoo Finance's Rebecca Cheng delves into the impact of this change on the housing market.For more expert insights and the latest market trends, click here to watch this entire episode of Market Domination Overtime.This post was written by Angel SmithVideo TranscriptNow, the latest data from the housing market shows that mortgage rates rose for the first time in five weeks.To learn more, I'm joined by Rebecca Chen from Yahoo Finance.Hi Rebecca and Shanna,…
Minutes from the Federal Open Market Committee's June meeting released on Wednesday indicated that policymakers are not eager to cut interest rates until additional data confirms that inflation is moving sustainably toward the committee's 2% target.FOMC Inflation Data and Economic OutlookThe minutes of the June meeting showed the Fed remaining cautious despite recent strong inflation readings, with the majority of participants seeing economic growth slowing gradually and many viewing the current policy stance as subdued.Participants generally agreed that the Fed's tight monetary policy has restrained consumption and investment growth, leading to a gradual economic slowdown.Others have suggested that continued economic…
Acting U.S. Secretary of Housing and Urban Development Adrienne Todman (left) said Wednesday that the FHA is adding new translated mortgage documents to improve access for non-English speakers seeking mortgages. Photo by Tierney L. Cross/UPI July 3 (UPI) — The U.S. Department of Housing and Urban Development announced Wednesday that it will begin making 19 single-family home mortgage documents available in Chinese, Korean, Spanish, Tagalog and Vietnamese. The new translations will be added to the 40 translated mortgage documents already published. advertisement “At HUD, we are committed to ensuring homeownership is accessible to everyone who wants it, especially first-time homebuyers,…
Even if you don't have children attending college, you know that college is a lot of money. But if you have children who are about to attend college or who are already in college, you become hyper-aware of just how much it actually costs. For those who aren't there yet, when you hear how much tuition costs, it often doesn't include room and board, meaning that in addition to the yearly tuition, you also need to include housing costs, which can be significant. According to a recent article published by the Education Data Initiative, the average cost of room and…