KANSAS CITY, Mo. — An ambitious new development could be coming to northeast Olathe in the next few years.Developers hope to turn one of two open fields at 119th Street and Renner Boulevard into an entertainment district using STAR bonds. The goal is to transform the 63 acres into an amusement park, sports arena, restaurants, hotel, and medical facility. Lee’s Summit West teacher honored with state award in suprise assembly The identity of the developer had been a secret until recently. FOX 4 has learned Loretto Properties and VanTrust Real Estate are two of the driving forces behind the endeavor.Lamar…
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In a series of transactions that highlight confidence in the company, an executive of ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) has made significant purchases of the company’s stock. The executive, whose title includes Vice President of US Operations and Secretary, acquired shares with a total value exceeding $1.1 billion.The transactions, which occurred over several days, saw the executive purchasing shares at prices ranging from $1,391.0 to $30,774.0. On September 6th, the executive bought 14,600 shares, followed by 1,300 shares on September 9th, a notable 26,500 shares on September 10th, and another 11,500 shares on September 11th. Following these acquisitions, the executive’s…
Asian markets mostly rose Friday and the yen sat around nine-month highs after another healthy day on Wall Street as investors gear up for an expected US interest rate cut next week.More data suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for equities after another rollercoaster week that started with big losses fuelled by worries the world’s top economy could be heading for recession.While concern after last Friday’s big miss on US jobs creation — which followed another well-below-forecast read a month ago — continues to linger, traders are now turning their attention to…
The Swiss stock market concluded on a robust note this Wednesday, buoyed by positive international economic news that quelled concerns over rising interest rates. This upward trajectory in the SMI index reflects a broader optimism that could favor companies with strong fundamentals and high insider ownership, characteristics often linked to sustained growth and resilience in varying market conditions.Top 10 Growth Companies With High Insider Ownership In SwitzerlandNameInsider OwnershipEarnings GrowthStadler Rail (SWX:SRAIL)14.5%23.4%VAT Group (SWX:VACN)10.2%21.2%Straumann Holding (SWX:STMN)32.7%20.9%Swissquote Group Holding (SWX:SQN)11.4%14.3%Temenos (SWX:TEMN)17.4%14.7%LEM Holding (SWX:LEHN)34.5%9.9%Sonova Holding (SWX:SOON)17.7%10.2%SHL Telemedicine (SWX:SHLTN)17.9%96.2%Sensirion Holding (SWX:SENS)20.7%84.7%Arbonia (SWX:ARBN)28.8%80%Click here to see the full list of 17 stocks from our Fast…
Fixed mortgage rates are down today. According to Freddie Mac, the 30-year fixed mortgage rate is 6.20% — it had sat at 6.35% for two straight weeks. The 15-year fixed mortgage rate has decreased by 20 basis points to 5.27%. Rates are at their lowest since February 2023.The Bureau of Labor Statistics released the August Consumer Price Index (CPI) yesterday, and the inflation rate was at its lowest since February 2021. The CPI solidified many people’s belief that the Federal Reserve will lower the federal funds rate by 25 basis points at its Wednesday meeting instead of 50. So, we…
If interest rates aren’t in your favor for a refinance right now, you may think you’re out of luck. But deciding when to refinance a mortgage goes well beyond just looking at interest rates.Here are six reasons it could be a good time to refinance your mortgage.This embedded content is not available in your region.In this article:Read more: Rate-and-term refinance — what it is and how it worksWhen to refinance a mortgage: 6 good reasonsYour particular financial situation will determine whether refinancing makes financial sense.Good times to refinance a home can include:When interest rates have fallen below your current mortgage…
The Oklahoma State Board of Education voted unanimously Aug. 22 to approve an order revoking the teaching certificate of former Norman High School teacher Summer Boismier. The contents of the order were revealed publicly in court documents on Thursday. (Photo by Brent Fuchs/For Oklahoma Voice)OKLAHOMA CITY — After spending weeks outside of public view, an order revoking the teaching certificate of former Norman teacher Summer Boismier has been released after a federal judge demanded the document.The revocation order became publicly viewable on Thursday when it was filed in a federal lawsuit challenging House Bill 1775, a controversial Oklahoma law that…
GBP/USD climbed back over 1.3100 after mid-week slump into 1.3000. US PPI inflation figures didn’t spark significant moves, but kept Fed rate cut hopes pinned. Market’s see an overwhelming likelihood of a quarter-point Fed cut next week. GBP/USD turned higher on Thursday, rising back above the 1.3100 handle after the Greenback went limp amid a broad-market uptick in risk-on market sentiment. US Producer Price Index (PPI) inflation data wrapped around median market estimates, failing to deliver a concise picture of US price growth factors, but still kept market expectations of an impending Federal Reserve (Fed) rate cut keel-side down. Forex…
The CEO of a troubled healthcare system in bankruptcy ignored a legal order to testify in front of Congress on Thursday.Steward Health Care System CEO Dr. Ralph de la Torre had been summoned to Washington to answer questions on the health company’s finances and the handling of its hospitals.Doctors and nurses at Steward’s hospitals have seen cutbacks, layoffs, shutdowns and problems with supplies, equipment and delayed payments to vendors and workers, including in South Florida.Sen. Bernie Sanders of Vermont, who chairs the Health, Education, Labor and Pensions committee that issued the subpoena in July, says the CEO will now face…
Francine muscled its way inland Thursday as a “post-tropical cyclone” but still expected to bring heavy rainfall and tornado threats across Louisiana, Mississippi, Alabama, Georgia, and the Florida panhandle.Over 150,000 homes and businesses were without power in Louisiana on Thursday, one day after the center of the storm crashed onto shore in Terrebonne Parish, Louisiana, as a Category 2 storm driving 100-mph winds. The winds diminished, but unrelenting downpours turned streets into rivers as Francine lashed New Orleans.The waters were beginning to recede in some areas, while others could see a foot of rain by the weekend, the National Hurricane…