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AWP: A 12% Income Champion That Keeps Paying Monthly (NYSE:AWP)

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AWP: A 12% Income Champion That Keeps Paying Monthly (NYSE:AWP)

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Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha’s top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AWP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Navalny’s death was caused by dart frog poison, European allies say

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Navalny’s death was caused by dart frog poison, European allies say


Navalny’s death was caused by dart frog poison, European allies say

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Indian lender Manappuram gets RBI nod for Bain Capital to take joint control

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Indian lender Manappuram gets RBI nod for Bain Capital to take joint control


Indian lender Manappuram gets RBI nod for Bain Capital to take joint control

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Factbox-ECB opens up euro lifeline in bid to boost global role

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Factbox-ECB opens up euro lifeline in bid to boost global role


Factbox-ECB opens up euro lifeline in bid to boost global role

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ECB makes euro backstop global to bolster currency’s role

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ECB makes euro backstop global to bolster currency’s role


ECB makes euro backstop global to bolster currency’s role

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Canada wants Iran government change, increases sanctions

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Canada wants Iran government change, increases sanctions


Canada wants Iran government change, increases sanctions

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Assailants kill at least 30 in northwest Nigeria villages, residents say

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Assailants kill at least 30 in northwest Nigeria villages, residents say

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Israeli FM Saar to attend Trump’s first Board of Peace meeting on Thursday, official says

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Israeli FM Saar to attend Trump’s first Board of Peace meeting on Thursday, official says


Israeli FM Saar to attend Trump’s first Board of Peace meeting on Thursday, official says

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‘Singles tax’ costs Americans living alone $10,470 annually in extra expenses

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'Singles tax' costs Americans living alone $10,470 annually in extra expenses

Americans who live alone are paying a five-figure “singles tax” amid rising rents around the nation, a new analysis finds.

Data from Zillow shows that the typical apartment rent is currently $1,745 and has risen 30% over the last five years, which represents a significant burden for renters who live alone and don’t have one or more roommates to split the bill with.

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The premium paid by solo renters was dubbed the “singles tax” by Zillow, which found that the national average singles tax amounts to $10,470 per year. 

“When you’re living alone, you’re covering the full rent on one income and that can add up fast,” said Emily Smith, Zillow rental trends expert. “Apartments often make living solo more attainable, while also offering shared spaces that help people feel connected.”

HOUSING MARKET COOLS AS PRICE GROWTH HITS SLOWEST PACE SINCE GREAT RECESSION RECOVERY

New York City street

New York City had the largest “singles tax” in Zillow’s data, which amounted to $23,400 per year. (Thomas Trutschel/Photothek via Getty Images / Getty Images)

New York City tops the list of areas with the highest singles tax, as the Big Apple’s typical apartment rent of $3,900 a month amounts to a singles tax of $23,400 for the year.

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San Jose ranked second, with a typical rent of $3,248 a month and a singles tax of $19,488 per year. Boston was close behind in third, with the typical rent in the city amounting to $3,014 a month and resulting in a singles tax of $18,084.

A pair of California cities rounded out the top five, with San Francisco in fourth based on a typical rent of $2,857 and a singles tax of $17,142, while Los Angeles ranked fifth with a typical monthly rent of $2,648 and a singles tax of $15,888.

HOMEBUYERS GAIN UPPER HAND IN 3 MAJOR CITIES AS INVENTORIES GROW

San Francisco Golden Gate Bridge

San Francisco ranked fourth on Zillow’s list with a “singles tax” of $17,142 per year. (Photo by Justin Sullivan/Getty Images / Getty Images)

Renters who pair up their living arrangement with a partner derive what Zillow called a “couples’ discount” from being able to split up the rental bill as well as utilities and other costs.

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“For renters who choose to live with a partner or roommate, splitting everyday costs like rent, utilities and groceries can go a long way in easing the pressure of today’s higher cost of living,” Smith said.

Based on the firm’s national data, the couples’ discount amounts to a combined $20,940 in annual rental savings from splitting the bill.

RICH CALIFORNIANS FLOCK TO LAS VEGAS HOUSING MARKET AS LAWMAKERS CONSIDER WEALTH TAX

Los Angeles city

Los Angeles ranked fifth on Zillow’s list of cities with the largest “singles tax.” (iStock / iStock)

For example, given the sizable singles tax in the cities with the highest rent, couples in New York City can get a discount of $46,800 instead of the singles tax of $23,400.

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The report noted the couples discount can go a long way toward helping renters save for a down payment on a home, with the national average couples discount of $20,940 being more than halfway to a 10% down payment on a typical U.S. home, per Zillow’s data.

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Warner Music signs three-year partnership to boost music sector in North East

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The studio is continuing its partnership with Newcastle music agency Generator in a bid to boost routes to music careers

Krept and Konan perform during the Mobo Awards at the Utilita Arena Newcastle.

Krept and Konan perform during the Mobo Awards at the Utilita Arena Newcastle. (Image: PA)

Music industry giant Warners has announced a new three-year partnership to boost the creative sector in the North East.

Warner Music UK will work with Newcastle-based music agency Generator, with hopes that the extended partnership will expand long-term opportunities for artists, producers, executives and emerging talent across the North. The new partnership follows Newcastle hosting two of the biggest events of the music industry calendar, the Mobos and the Mercury Prize.

Warner, which is setting up a world-class music studio on Newcastle’s Quayside, will also work with colleges, universities and music education partners to build clearer pathways from the classroom into industry careers. More details on the label’s activity in the region will be announced in the coming weeks.

Mick Ross, CEO of Generator, said: “Right now, the world is looking to the North. The creativity coming out of this region is extraordinary, and it deserves national and global visibility.

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“This partnership deepens the link between our talent and the wider industry, making it possible for artists to build successful careers without leaving the region. It’s a major step toward a stronger, more connected creative North – and a future where the industry comes here, rather than the other way round.”

Simon Robson, president in EMEA for recorded music at Warner Music Group, said: “The North has always been a powerhouse of creativity, producing some of the most iconic music in history. We’re proud to be continuing its legacy with Generator by investing in the North’s grassroots music communities. It’s not just about finding the next big star, it’s about contributing towards a better system where the next generation of artists and executives can grow, evolve, and lead in the North throughout their careers.”

The partnership has been welcomed by North East Mayor Kim McGuinness and Newcastle City Council leader Karen Kilgour.

Ms McGuinness said: “This is such an important moment for North East musicians. Seeing world-leading performers recording their music right here in the region will inspire our next generation of artists.

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“We’re already backing North East talent by supporting grassroots venues, investing in skills and backing great events. But this is the next step. This is about putting the North East on the world music map, and opening up the opportunities that it’ll bring.”

Coun Kilgour said: “It’s incredible to see a project like this coming to life and giving our emerging talent the tools, networks, and industry exposure they deserve.

“The creative potential here is huge, we’ve seen that during the Mobos and the Mercury Prize. This partnership is another fantastic step towards removing barriers and making sure local people can realise their dreams right here in the North East.”

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History, Spending Records, & Traditions That Will Amaze You

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10 Surprising Valentine's Day Fun Facts for 2026

Valentine’s Day on February 14, 2026, falls on a Saturday, giving couples, friends and families extra time to celebrate love with gifts, dinners and heartfelt gestures. While hearts, roses and chocolates dominate the day, the holiday’s origins blend ancient pagan rituals, Christian martyrdom and centuries of evolving romance traditions. Americans are projected to spend a record $29.1 billion this year—about $199.78 per person—making it one of the biggest consumer holidays after Christmas and before Mother’s Day.

10 Surprising Valentine's Day Fun Facts for 2026
10 Surprising Valentine’s Day Fun Facts for 2026

Here are 10 fun facts about Valentine’s Day, blending timeless history with fresh 2026 insights to add sparkle to your celebrations.

  1. The Holiday Has Ancient Pagan Roots Valentine’s Day traces back to the Roman festival of Lupercalia, held mid-February to celebrate fertility and spring. Participants sacrificed animals, then used the hides to gently whip women for good luck in childbearing. Men and women drew names from a jar to pair up for the year, a matchmaking custom that influenced later romantic pairings. In the late 5th century, Pope Gelasius I banned Lupercalia and shifted focus to St. Valentine on February 14, “Christianizing” the fertility rites into a day of love.
  2. St. Valentine Wasn’t Just One Person The holiday honors multiple Christian martyrs named Valentine or Valentinus from the 3rd century. One popular legend claims a priest named Valentine defied Emperor Claudius II by secretly marrying young couples—Claudius believed single men made better soldiers. Another tale says Valentine healed his jailer’s blind daughter and sent her a note signed “From your Valentine” before his execution around A.D. 270. Historians debate the details, but the name stuck, and the first recorded Valentine’s message dates to 1415, when Charles, Duke of Orleans, wrote a poem from the Tower of London to his wife.
  3. Cupid’s Arrow Ties to Roman Mythology The chubby, bow-wielding Cupid symbolizes Valentine’s Day romance, but he originated as Eros in Greek mythology, son of Aphrodite (Venus in Roman lore). Early depictions showed him as a handsome youth, but Renaissance art transformed him into the mischievous baby archer whose arrows spark love. The red rose, sacred to Venus, became the holiday’s signature flower, with about 250 million stems sold in the U.S. each year.
  4. Record-Breaking Spending in 2026 This year’s projected $29.1 billion marks an all-time high, up from $27.5 billion in 2025, according to the National Retail Federation. Average spending hits roughly $200 per person, with men outspending women nearly 2-to-1. Jewelry and dining out lead at $13.3 billion combined, while candy remains the top gift—56% of celebrants plan to buy it. Rising prices from tariffs on imported flowers (80% from South America) and inflation have pushed costs higher, with roses up over 15% and chocolates surging in recent years.
  5. 145 Million Cards Exchanged Annually Valentine’s Day ranks second only to Christmas for greeting card sales, with about 145 million cards sent in the U.S. each year. Teachers receive the most, followed by children, mothers and wives. Women buy 85% of cards, and Hallmark’s first mass-produced Valentine’s appeared in 1913. In classrooms, kids exchange “friendship” valentines, keeping the tradition alive for generations.
  6. Chocolate’s Sweet History on the Holiday Chocolate became a Valentine’s staple in the 19th century, but its romantic link dates further—ancient Aztecs considered cacao sacred and an aphrodisiac. Richard Cadbury introduced the first heart-shaped box in 1861, boosting sales. Today, candy tops gift lists, with billions of conversation hearts (Sweethearts) produced yearly featuring phrases like “Be Mine.” In 2026, despite price hikes, chocolate remains irresistible.
  7. Pets and Self-Gifting Get Love Too Valentine’s isn’t just for couples—pet owners spend an average $31 on dogs and $27 on cats. About 35% of Americans plan self-gifts in 2026, reflecting a trend toward self-care amid economic pressures. Experiences like spa days or classes increasingly replace traditional items, with 92% of people preferring memorable outings over physical gifts in recent surveys.
  8. A Day of Proposals—and Breakups About 15% of engagements happen on Valentine’s Day, drawn to the romantic vibe. Ironically, it’s also a peak breakup day, with polls showing 15-25% of couples ending relationships around February 14. The pressure of expectations sometimes backfires, turning love into heartbreak.
  9. Global Twists on the Tradition In Wales, lovers exchange wooden spoons carved with hearts on St. Dwynwen’s Day (January 25), a precursor to Valentine’s. In Japan, women give chocolate to men on Valentine’s, while men reciprocate on White Day (March 14). South Korea celebrates with black noodles for singles on April 14 (“Black Day”). These variations highlight how love customs adapt worldwide.
  10. Florists’ Busiest Day Valentine’s ranks as one of the peak days for florists, with millions of bouquets sold. In 2026, despite higher prices from weather damage and tariffs, flowers remain a classic—61% of men buying them gift to spouses. The red rose symbolizes passion, while pink means admiration and white purity.

Valentine’s Day 2026 blends ancient rituals with modern indulgence, proving love’s celebration evolves yet endures. Whether exchanging cards, sharing chocolate or simply spending time together, the day reminds us affection comes in many forms. Happy Valentine’s Day—may your heart be full, whatever the gift.

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