(Reuters) – The U.S. agricultural sector was spared a direct hit from Hurricane Laura on Thursday as the storm veered west of grain export terminals in New Orleans and missed many fields of unharvested cotton and sugar, according to meteorologists and industry sources. The storm’s rains, however, are also projected […]
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Real estate investors skip paying loans while raising billions
Missing payments on CMBS debt is relatively painless, because it’s typically non-recourse, meaning borrowers can hand over the keys to a property and lenders won’t be able to come after other assets. Property owners are more likely to walk away when their equity has been wiped out by lower values. […]
15 Times You Should Splurge, Settle or Skip When Shopping
When you buy something, how do you decide whether it’s worth your money? For example, say you’re thinking about upgrading your smartphone. Do you splurge on the latest model, settle for the more affordable previous generation model or skip buying a new phone in hopes that your current one will […]