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Australian central bank lifts benchmark cash rate to 4.35% with 13th hike

CANBERRA, Australia (AP) — AustraliaĢƵ central bank lifted its benchmark interest rate Tuesday for the first time since June with a quarter percentage point hike that brought the cash rate to a 12-year high of 4.35%.The Reserve Bank of AustraliaĢƵ hike, its 13th since May 2022, was widely ...

CCA: Q3 Earnings Snapshot

BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Corrections Corp. of America (CXW) on Monday reported a key measure of profitability in its third quarter. The results surpassed Wall Street expectations.The Brentwood, Tennessee-based real estate investment trust said it had funds from ...

Service Properties: Q3 Earnings Snapshot

NEWTON, Mass. (AP) — NEWTON, Mass. (AP) — Service Properties Trust (SVC) on Monday reported a key measure of profitability in its third quarter.The real estate investment trust, based in Newton, Massachusetts, said it had funds from operations of $91.7 million, or 56 cents per share, in the ...