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U.S. banks earned an estimated $1 trillion in excess interest revenue during the Federal Reserve’s two-and-a-half-year period of elevated interest rates, an analysis of official data by the Financial Times shows. Lenders reportedly benefited from higher yields on deposits held at the Fed while paying relatively low rates to many savers — boosting profit margins […]

Christie’s International Real Estate is expanding its brand presence in Florida. Jacksonville-based firm First Coast, which was previously affiliated with Engel & Völkers announced it was joining Christie’s last Wednesday. The firm will now be known as Christie’s International Real Estate First Coast. This affiliation adds 130 agents and six offices in the Jacksonville metro

Lawmakers in Congress are edging the federal government closer to a shutdown, with a Tuesday midnight looming as the date to pass a temporary funding bill. Without a deal, the impacts will be felt nationwide — including among seniors. During a shutdown, non-essential government functions pause, while essential operations such as defense, law enforcement, air