MARKET
A big pandemic-era IOU is coming due after the U.S. election
Major U.S. companies will need to refinance some $250 billion in low-coupon bonds issued in 2020. Tax policy is up for grabs in the election.
‘Their house was purchased with my family money’: My late father left a life estate to his second wife. She’s only 10 years older than me. How can I undo this?
“Apparently the probate laws in Florida are different, perhaps superseding the will.” Source link
Fed Beige Book continues to point to sluggish economy
Nine out of 12 districts report flat or declining activity. Source link
This stock market rotation is the ‘lifeblood’ of the bull market as S&P 500 logs record
The stock market’s performance beneath the surface of the S&P 500 is shifting lately. Source link
My sisters want to hide $170,000 of our mother’s money from Medicaid by adding their names to her bank account. What should I do?
“The probate attorney says I could ask the court to remove sister No. 3 as co-executor, since she has acted unethically and illegally.” Source link
Waller says Fed should ‘proceed with more caution’ in cutting U.S. interest rates
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting
Amazon faces $1.5 billion Project Kuiper headwind in 2025 after satellite launch delay: Morgan Stanley
Amazon’s ambitious Project Kuiper satellite constellation aims to build a system of 3,236 satellites to increase global broadband access. Source link
Hurricane Milton drives gas demand in Florida, with 16% of stations out of fuel
Hurricane Milton is one of the Atlantic Basin’s strongest storms on record and the frenzy of evacuations in Florida, where it’s expected to make landfall
‘He’s 70 and fairly wealthy’: I met the love of my life three years ago. How do I politely ask that he include me in his will?
“His two sons are against any kind of commitment between us, as their dad has had two failed marriages.” Source link
Vance and Walz agree child care costs too much. Here are 3 reasons why it’s so expensive.
The shortage of affordable child care emerged as a bipartisan concern between vice-presidential candidates Sen. J.D. Vance and Gov. Tim Walz during their debate on