Deadly year: There have been more deaths in East Baton Rouge Parish so far this year than in 2019, and the spike is not just from COVID-19. East Baton Rouge Parish Coroner Dr. Beau Clark posted on Facebook today that his office has investigated 90 homicides, 175 overdoses, approximately 60 motor vehicle crash deaths, approximately 2,900 natural deaths, and 30 suicides. That is more than 30 homicides, more than 100 overdoses, more than 10 motor vehicle crash deaths, more than 900 natural deaths (approximately 425 COVID and 500 more due to other natural causes) compared to this time last year.
Making history: Citigroup’s Jane Fraser will become the first woman to ever lead a Wall Street bank when she succeeds CEO Michael Corbat in February. The New York bank announced the succession today. Fraser is currently head of Citi’s global consumer banking division, a major part of the bank that oversees checking and savings accounts but also Citi’s massive credit card business. She’s been with Citi for 16 years and had recently been tasked with leading the cleanup of the bank’s troubled Latin American banking business. Read the full story.
Still at record lows: U.S. average rates on long-term mortgages fell this week amid signs that the halting economic recovery slowed over the summer. The key 30-year mortgage rate again marked an all-time low. Mortgage buyer Freddie Mac reported today that the average rate on the 30-year home loan declined to 2.86% from 2.93% last week. By contrast, the rate averaged 3.56% a year ago. The average rate on the 15-year fixed-rate mortgage slipped to 2.37% from 2.42% last week. Read the full story.