30-year vs. 15-year mortgage loans: Which is better during inflation?
Experts say both can make financial sense during inflation, depending on your circumstances and goals.
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From busy airports to savings, here’s what to know about spring break travel
Airlines and airports say they expect to be busier than ever during spring break, which covers much of March and April. AAA says on average domestic air fares are up 7% from last year, while hotels will also cost more. CBS News senior transportation correspondent Kris Van Cleave has more.
Court documents related to Prince Harry’s immigration to be released to public
A judge has ordered that some court documents related to Prince Harry must be released to the public on Tuesday. It’s been five years since the Duke and Duchess of Sussex arrived in the U.S. A conservative group filed a FOIA request in 2023, wanting to know if Prince Harry lied about taking drugs in…
Democratic mayors push back on sanctuary city criticism at House hearing
The mayors of four so-called “sanctuary cities” testified before the Republican-led House Oversight Committee, where they defended their jurisdictions’ immigration policies and treatment of undocumented immigrants. Caitlin Huey-Burns has details.
Fortitude Re subsidiary prices $750m private offering of senior notes
Fortitude Group Holdings, a wholly owned subsidiary of Fortitude Re, has announced the pricing of a private offering of $750 million aggregate principal amount of 6.25% senior unsecured notes due 2030. The company intends to use the net proceeds from this offering to reduce its outstanding term loan borrowings, cover associated premiums, fees, and expenses,…
3/13: CBS Morning News
Deadline to pass short-term bill to avoid government shutdown approaches; Astronauts’ homecoming delayed again.
Ardonagh reports FY’24 income increase of 24%
Global insurance intermediary The Ardonagh Group has reported a 24% increase in income for the full year 2024 (FY’24) to $1.99 billion as adjusted EBITDA grew by 31% to $683 million. The pro forma income for FY’24 was reported at $2.5 billion, and pro forma adjusted EBITDA is $941 million, including completed and committed acquisitions…
Former Columbia University student, who led pro-Palestinian protests, remains detained
On Monday, a judge issued a temporary order blocking Mahmoud Khalil’s deportation. A former Columbia University student, Khalil led pro-Palestinian protests on campus. He was detained Saturday by ICE officials and taken to Louisiana.
AM Best upgrades FAIR Oil & Energy Insurance Syndicate credit ratings
Credit rating agency AM Best has upgraded the credit ratings of FAIR Oil & Energy Insurance Syndicate (FOEIS), and revised the outlook to stable from positive. FOEIS’ Financial Strength Rating has been upgraded to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good). AM Best upgraded FOEIS…
Bomb accidentally dropped on South Korean neighborhood, 8 hurt
Two South Korean fighter jets were involved in a live-fire exercise with the U.S. military when they mistakenly dropped eight bombs on a neighborhood Thursday, hurting eight people.