Tag: rates
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‘Be vulnerable’: Shawmut safety chief on value of partnerships to lower suicide rates
Editor’s note: This story focuses on the topic of mental health and suicide. For more information, see our editorial standards. If you or someone you know is having suicidal thoughts, call the National Suicide Prevention Lifeline at 988. Shaun Carvalho knows that suicide prevention efforts can have a big impact. The chief safety officer at…
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The costs of sanding a wood floor — from professional rates to DIY sander tools
There are plenty of good reasons to sand a wood floor. It can make the floor (or subfloor) level, removes stains or unwanted paint, and gives the wood a silky-smooth finish that feels great underfoot. I should know, as I sanded my self-layed parquet floor using orbital sanders. One thing that might put you off…
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Office Conversions Surge Amid Rising Vacancy Rates
Key Takeaways: The national office vacancy rate was 19.4% in May, up 160 basis points year-over-year, with occupancy unlikely to rise in near future The average U.S. office listing rate was $33.15 per square foot in May, increasing 4.8% year-over-year Office construction pipeline continued to shrink, with 41.5 million square feet of office space currently under construction Los Angeles…
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Data center vacancy rates hit record low
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Data center vacancy rates plummeted despite ongoing infrastructure build outs during the first three months of the year, according to CBRE research published Tuesday. The capacity crunch was most acute in major U.S. markets, where…
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HS2 confirms probe into allegations of inflated labour rates
HS2 has confirmed it launched an investigation earlier in the year into allegations of overinflated rates by two of its labour suppliers. The investigation followed allegations by a whistleblower that a company had been declaring self-employed workers as PAYE (pay as you earn) staff and charging an inflated rate for them, the i Paper first…
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AI project failure rates are on the rise: report
Dive Brief: More enterprises reported AI project failures this year compared to 2024, according to analysis from S&P Global Market Intelligence. The findings are based on a survey of more than 1,000 respondents in North America and Europe. The share of companies abandoning most of their AI initiatives jumped to 42%, up from 17% last…
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Mortgage price war heats up as rates fall below 4%: homebuyers urged to act fast
A mortgage price war has erupted among major UK lenders, with Santander, Barclays, and Nationwide all launching deals below 4% for the first time since November. The rate cuts come as the Bank of England’s recent decision to lower the base rate to 4.5% fuels competition among lenders as more people look to secure cheaper…
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Are mortgage rates going down?
The Bank of England (BoE) has cut the base rate to 4.5%, marking its third reduction in six months. This comes as inflation cools but remains above target. For those wondering “Are mortgage rates going down?”, the answer is yes – but slowly. The average two-year fixed mortgage now sits at 5.89%, while a five-year…
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DOT says it will tie funding to birth, marriage rates
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: A new, undated memo from the DOT urges the department to give grant preferences to “communities with marriage and birth rates higher than the national average.” The action comes after the DOT announced that Transportation…
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Heat pump giant claims three key fixes could transform UK adoption rates
Swedish clean energy company Aira has made bold claims about its ability to transform heat pump adoption in the UK, where uptake remains stubbornly low at just 1% of households. As part of its £300 million investment into the UK’s clean energy transition, Aira says three key changes – reducing red tape, cutting electricity costs…