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☆ How to get better returns on your cash now
▼ + stars: | 2023-06-21 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

NEW YORK, June 21 (Reuters) - You might assume that with U.S. interest rates at new highs, Americans are getting terrific returns on savings. MONEY MARKET FUNDSIn brokerage accounts there is a default or "sweep" account, where cash is kept before you make other investments. The two highest yields at the moment for government money market funds, according to data trackers iMoneyNet: UBS Liquid Assets Government Fund at 5.07%, and Vanguard Treasury Money Market Fund at 5.06%. An important note about terminology: Money market funds are distinct from money market accounts. “All of these are very appealing, and we are recommending people reassess their cash and emergency fund savings.

Persons: ”, Greg McBride, ” McBride, James Gambaccini, Gambaccini, –, Sallie Mae, Brandon Opre, Chris Taylor, Lauren Young, Matthew Lewis Organizations: YORK, Federal Reserve, BMO, TIAA Bank, Treasury Bills, U.S ., Barclays, UBS Liquid Assets Government, Vanguard Treasury Money Market, Thomson Locations: www.TreasuryDirect.gov, Reston , Virginia, Huntersville , North Carolina, New York

☆ MLB roundup: Shohei Ohtani wins, homers in Texas
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +7 min

[1/7] Jun 15, 2023; Arlington, Texas, USA; Los Angeles Angels starting pitcher Shohei Ohtani (17) reacts after hitting a two run home run in the eighth inning against the Texas Rangers at Globe Life Field. Ohtani (6-2) allowed two runs in six innings, and he also hit his 22nd homer. Donovan Solano belted a three-run homer for Minnesota, which had won four of five. Guardians 8, Padres 6David Fry capped a five-run first inning with a three-run homer and visiting Cleveland held on to defeat San Diego. The Padres countered with Manny Machado's three-run homer in the bottom of the first but failed to capitalize on a series of opportunities to pull even or take the lead.

Persons: Shohei Ohtani, Tim Heitman, Mickey Moniak, Moniak, Nathan Eovaldi, Nathaniel Lowe, Adolis Garcia, Freddie Freeman, Chris Taylor, Luis Robert Jr, Eloy Jimenez, Jake Burger, Andrew Vaughn, Caleb Ferguson, Garrett, Ian Happ, Christopher Morel, Chicago's Marcus Stroman, Nico Hoerner, Cody Bellinger, Jason Delay, Johan Oviedo, Ozzie Albies, AJ Smith, Shawver, Albies, Sean Murphy, Matt Olson, Kevin Pillar, Smith, Elias Diaz, Ezequiel Tovar, Ryan McMahon, Kyle Freeland, Anthony, Adley Rutschman, Austin Hays, Jorge Mateo, Tyler Wells, Danny Jansen, Bryce Harper, Aaron Nola, Gregory Soto, Seranthony Dominguez, Craig Kimbrel, Bryson Stott, Ketel Marte, Luke Raley, Raley, Austin Pruitt, Isaac Paredes, Taylor, Manuel Margot, Javier Baez, Spencer Torkelson, Matt Vierling, Matthew Boyd, Sonny Gray, Donovan Solano, Lane Thomas, Keibert Ruiz, Phil Maton, Thomas, Ruiz, Corey Dickerson, Kyle Tucker, Yainer Diaz, David Fry, Manny Machado's, Trevor Stephan, Emmanuel Clase, Ryan Weathers Organizations: Los Angeles Angels, Texas Rangers, Globe Life, The Angels, Rangers, Dodgers, White Sox, Chicago, The Dodgers, Cubs, Pirates, Pittsburgh, Braves, Rockies, Atlanta, Colorado, Orioles, Blue Jays, Anthony Santander, Baltimore, Toronto, Phillies, Diamondbacks, Philadelphia, Arizona, Rays, Athletics, Tampa Bay, Oakland, Tigers, Detroit, Minnesota, Nationals, Astros, Washington, Houston, The Nationals, Padres, Cleveland, San Diego, Thomson Locations: Arlington , Texas, USA, Texas, Los Angeles, Chicago, Atlanta, Phoenix, Oakland, Minnesota, Minneapolis, San

☆ Why finding a camp for your kid is this summer's madness
▼ + stars: | 2023-06-13 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

NEW YORK, June 13 (Reuters) - For American kids, summer camps can conjure up some idyllic experiences: Canoeing on lakes, munching on s’mores by campfires. THE EARLY BIRD GETS THE WORMMany day camps open registration in January, February and March, and overnight camps often start the previous fall. Indeed, in 2022 the average day camp cost rose to $87 per day, and the average overnight camp to $172 a day, according to an ACA survey of participating camps. “Investigate if your employer provides any summer camp assistance as part of their benefits package. Says Rosenberg: “Summer camp is hot again.”Editing by Lauren Young Follow us @ReutersMoneyOur Standards: The Thomson Reuters Trust Principles.

Persons: ”, Ellen Sheng, it’s, ” Sheng, “, Tom Rosenberg, Rosenberg, ” Rosenberg, Anna Sergunina, ” Sergunina, Hunt, Says Rosenberg, Lauren Young Organizations: YORK, campfires, American Camp Association, YMCA, “, Thomson, Reuters Locations: Summit , New Jersey, Greater New York, Los Gatos , California

☆ MLB roundup: Braves rally, win 10-inning slugfest vs. Mets
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +8 min

Marcell Ozuna went deep and Travis d'Arnaud hit a two-run homer in the eighth inning that closed the deficit to one run. After the Phillies coughed up the late lead to trail 2-1 in the ninth, they tied it on a sacrifice fly from Brandon Marsh before Clemens' RBI hit off Alex Lange (3-2). Jake Burger hit a two-run homer and Luis Robert and Yoan Moncada hit solo home runs for the White Sox. Mike Clevinger (3-4) allowed three runs on six hits in 5 2/3 innings for the White Sox. Yonny Chirinos (3-1), recalled from Triple-A Durham earlier in the day, allowed one run on five hits over 5 2/3 innings.

Persons: Ozzie Albies, Dale Zanine, Albies, Tommy Hunter, Austin Riley, Marcell Ozuna, Travis d'Arnaud, Orlando Arcia, David Robertson, Brandon Nimmo, Francisco Alvarez, Zack Wheeler, Kody Clemens, Wheeler, Brandon Marsh, Clemens, Alex Lange, Zack Short, Nick Maton, Jose Ramirez, Ramirez, Will Brennan, Andres Gimenez, Myles Straw's, Cleveland, Boston's Triston Casas, Enrique Hernandez, Jarren Duran, Jose Berrios, Alex Bregman, Framber Valdez, Ramon Urias, Gunnar Henderson's, Keegan Akin, Peter Strzelecki, Owen Miller, Jon Singleton, Jo Adell, Reid Detmers, Drew Smyly, Chicago's Trey Mancini, Michael Conforto, Thairo Estrada, Scott Alexander, Camilo Doval, Nolan Jones, Profar, Clayton Kershaw, David Peralta, Kershaw, Chris Taylor, Matt McLain, Elly De La Cruz, McLain, De La Cruz, Eloy Jimenez, Jake Burger, Luis Robert, Yoan Moncada, Robert, Jimenez, Michael King, Gregory Santos, Willie Calhoun, Billy McKinney, Aaron Judge, Kyle Higashioka, Randy Vasquez, Nestor Cortes, Vasquez, Gavin Sheets, Mike Clevinger, Harold Ramirez, Luke Raley, Josh Lowe, Yonny Chirinos, Carlos Correa, Michael A, Taylor, Alex Kirilloff Organizations: Atlanta Braves, New York Mets, Atlanta, New York, Phillies, Tigers, Philadelphia, Detroit, Red Sox, Cleveland, Boston, Blue Jays, Astros, Brandon Belt, Toronto, Houston . Blue Jays, Houston, Orioles, Brewers, Baltimore, Milwaukee, Angels, Cubs, Chicago, Triple, Giants, Rockies, Colorado, Coors Field, Dodgers, Reds, Los Angeles, Cincinnati, Kershaw ., Kershaw . White Sox, Yankees, New, White Sox, Rays, Twins, Tampa, American League Central, Thomson Locations: Cumberland , Georgia, USA, Truist, York, Brandon, Milwaukee, Los Angeles, Anaheim , Calif, San Francisco, Denver, Los, Kershaw . White, New York, Minnesota, St . Petersburg, Fla, Tampa Bay

☆ Forever in debt: Why U.S. loans are getting longer
▼ + stars: | 2023-06-05 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

NEW YORK, June 5 (Reuters) - Consumers facing high asset prices and rising interest rates have a few loan options. But if you must go ahead, either face taking on a big monthly payment, or stretching out the loan term to keep the monthly bill down - as many are doing. New car loans lasting 73-84 months (over six years) rose to 34.4% of the market in 2022 from 28.6% in 2018, according to auto information site Edmunds. A few borrowers are going even longer, with less than 1% of new car loans lasting 85 months or more. MAKE SOME HARD DECISIONSIf you must keep pushing out the loan term to afford an asset, that may be a signal to get real.

Persons: Ira Rheingold, Rheingold, Eric Scruggs, Brandon Gibson, Erin Witte, Witte, Lauren Young, Richard Chang Organizations: YORK, National Association of Consumer, Housing Administration, Consumer Federation of America, Thomson, Reuters Locations: Edmunds, Stoneham , Massachusetts, Dallas

☆ MLB roundup: Rays win shootout, take series from Dodgers
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +12 min

Rays starter Josh Fleming allowed 10 runs (eight earned) on 12 hits, including five home runs, in six innings. Dylan Covey (0-1) retired only two batters in his first start since 2019 and was tagged for seven runs (five earned) on six hits. Darvish (3-4) allowed a season-high seven runs and seven hits in 2 2/3 innings. Gerrit Cole (6-0) allowed a homer to Jake Cronenworth two batters into the game and a two-run homer to Rougned Odor in the seventh. Alex Cobb (4-2) gave up a season-high seven runs on seven hits in four innings.

☆ How to join a board of directors
▼ + stars: | 2023-05-18 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

NEW YORK, May 18 (Reuters) - When Hayley Woodin was thinking of giving back to the community while taking her career to the next level, one option stood out: serving on a board of directors. The Catch-22 is that companies want directors with board experience to fill board seats. Before you reach that stage, you will likely start on a volunteer board, as Hayley Woodin did. To find such opportunities, "often local boards of trade will host events designed to pair those looking for board experience, with organizations looking for board members," Woodin said. "If an organization is looking to bring someone onto their board, what is the first thing they are going to do?

☆ Mothers may know best when it comes to money
▼ + stars: | 2023-05-10 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

For Mother's Day, we asked a few business leaders about the best money advice they ever got from their moms. Founder & chief investment officer, Ariel Investments"My mom was Deputy Solicitor General, and was a pioneer in serving on corporate boards. "When I started Ariel in 1983, when I was 24, my mom gave me whatever liquid cash she had. We can't always control how much money we make, but we can control maximizing the value of the things we already have." "The best financial advice my mom gave me was to be financially minded at a young age.

☆ You're late on your taxes. Now what?
▼ + stars: | 2023-05-10 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

Being late on your taxes isn’t ideal, but it happens. If you didn’t file for an extension, then it is too late to do that now, says Bell. Then there is the non-filing penalty, which is 5% of the unpaid taxes for every month late, up to 25%. But for those who are late in filing taxes, there really is only one path forward. “People have a lot of reasons for not filing taxes, and the main one is that they can’t pay,” says Bell.

☆ MLB roundup: Cards' Willson Contreras stars in return to Chicago
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +7 min

[1/5] May 8, 2023; Chicago, Illinois, USA; St. Louis Cardinals catcher Willson Contreras (40) celebrates team's win against the Chicago Cubs at Wrigley Field. Colorado starter Kyle Freeland (3-4) gave up two runs and seven hits in seven innings, with four strikeouts and three walks. Cease went five-plus innings, allowing seven runs on nine hits while walking one and striking out six. Miami's Braxton Garrett (1-2) was charged with four runs and seven hits over 5 1/3 innings. San Francisco starter Anthony DeSclafani (3-2) got through seven innings, allowing five runs on 10 hits.

☆ MLB roundup: Red Sox drop Phils for 8th straight win
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +12 min

Boston's Rob Refsnyder ripped a two-run double, Christian Arroyo had a two-run single and Reese McGuire added an RBI single for the Red Sox, who have scored 59 runs during their eight-game winning streak. After Willie Calhoun popped out with two runners on, Bader put the Yankees ahead with a two-run single to right field. He worked a perfect ninth inning, striking out two, to earn his first save. Alejandro Kirk added an RBI double and Daulton Varsho an RBI single for the Blue Jays, who entered the series with a five-game losing streak. Jack Suwinski homered and Connor Joe had an RBI single for the Pirates, who lost their sixth in a row.

☆ MLB roundup: Dodgers stun Phillies on walk-off slam
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +13 min

Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.

☆ Drafting it: Sportscaster Rich Eisen on football and finances
▼ + stars: | 2023-04-26 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

[1/2] Feb 9, 2023; Phoenix, Arizona, US; Sports commentator Rich Eisen poses for a photo on the red carpet before the NFL Honors award show at Symphony Hall. “I hung up the phone and became the owner of my own business,” Eisen recalls about buying back his show from DirecTV, which was shuttering its Audience Network. This year’s edition will kick off April 27 in Kansas City, Missouri, and Eisen will be assuming hosting duties once again. But when he thinks about his financial life, Eisen does not focus much on areas like stock picking. When I first got that call, I didn’t have the first clue about how to run a business," Eisen says.

☆ MLB roundup: Astros drop Rays to 14-1 at home
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +13 min

Andrew McCutchen hit a three-run homer, Ke'Bryan Hayes a two-run double and Carlos Santana and Austin Hedges an RBI single apiece for the Pirates. Texas built a six-run lead before Nick Senzel put Cincinnati on the scoreboard with an RBI single in the seventh inning. Ruiz's homer and Joey Meneses' RBI single in the third against Jose Butto (0-1) provided an early cushion for Gray. The Brewers got single runs in the third and fourth, then pulled within 4-3 when Rowdy Tellez opened the sixth with his eighth homer. With two outs during Chicago's four-run eighth, Gomes lined an RBI single to right field for his fifth career four-hit game.

☆ MLB roundup: Phillies score 9 in first, bash 23 hits to rout Reds
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +11 min

Lopez allowed two runs and seven hits in six innings. Both were 2-for-4 as Boston finished with seven hits. Alcantara (1-2) allowed seven hits and five runs (four earned) in six innings for the Marlins. Alek Manoah (1-1) allowed seven runs, nine hits and four walks in 4 2/3 innings for the Blue Jays. Castillo allowed two hits, didn't walk a batter and struck out nine over seven innings.

☆ Can AI answer your money questions? We put chatbots to the test
▼ + stars: | 2023-04-13 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

NEW YORK, April 13 (Reuters) - Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Each has far more processing power than, say, any individual personal finance writer (ahem). That in mind, we asked our AI assistants-slash-overlords these classic personal finance questions:What is one great business idea? I couldn’t leave our new AI friends without asking a deeper question about money and its role in our existence.

☆ What Is a Money Market Fund?
▼ + stars: | 2023-04-04 | by ( ) www.wsj.com time to read: +11 min

“Money market funds have become a much more interesting place,” says Jay McLaughlin, institutional sales manager for iMoneyNet, a research firm that follows the money market fund industry. How money market funds workThe first thing for investors to understand is that money market funds are mutual funds, not bank accounts. Municipal money market fundsMunicipal money market funds appeal to many high-income investors because of their tax-exempt nature. One popular muni money market fund is the $17 billion Vanguard Municipal money market Fund (VMSXX) and its current 7-day yield of 2.65%—a yield which on its face is lower than other fund types, but after taxes are considered, can actually be higher for some investors. How to get the best money market fund ratesTypically your stock trading platform may have a default money market fund for its clients, established at your initial sign-up, as a kind of placeholder to keep your cash.

☆ MLB roundup: Padres go back-to-back in 9th, edge D-backs
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +11 min

The A's were down 10-8 when Seth Brown followed a walk to Aledmys Diaz with a two-run homer off Guardians closer Emmanuel Clase in the last of the ninth. Angels 7, Mariners 3Shohei Ohtani and Taylor Ward hit two-run homers as Los Angeles defeated host Seattle. Yankees 8, Phillies 1Anthony Rizzo ignited a five-run fifth inning with a two-run homer, and host New York cruised to victory over Philadelphia. His counterpart, Jose Berrios (0-1), allowed eight runs, nine hits and two walks while striking out seven in 5 2/3 innings. Ozzie Albies hit a two-run homer and Austin Riley had a solo shot for the Braves, who have won three of four games to start the season.

☆ How to talk to your aging parents about safe driving
▼ + stars: | 2023-03-30 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

One person may represent a danger on the roads at age 65, while another may be perfectly fine at age 85. Upgrades can help them stay safe, including technologies to keep drivers from drifting out a lane, backup cameras and various other detection systems. Special licensing requirements for elderly drivers can help screen out problems with vision and cognition. Some states require more frequent renewal for older drivers, or demand regular vision checks, or prohibit online renewals altogether. For a few hundred dollars a year, you could get a $1 million policy that should let everyone sleep better at night – both you, and your parents.

☆ Four ways for car buyers to survive the interest-rate crunch
▼ + stars: | 2023-03-23 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

New car buyers with a monthly payment over $1,000 rose to an all-time high of 16.8% in February, auto information site Edmunds' data showed. While car prices have been leveling off as the supply chain normalizes, interest rates are squeezing buyers' wallets. A monthly car payment of more than $1,000 is starting to show its painful effects. Punishing interest rates are forcing car buyers to make tough decisions. "If you're already tied up with a large car payment, then I suggest you sell it and get a car you can actually afford," Fetters said.

☆ Lidar maker Ouster dips as quarterly losses widen, but CEO sees savings in Velodyne merger
▼ + stars: | 2023-03-23 | by ( John Rosevear | ) www.cnbc.com time to read: +3 min

To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. Lidar maker Ouster said on Thursday that it remains on track to realize more than $75 million in annual cost savings by the end of 2023, following its merger with rival Velodyne in February. For its fourth quarter, which reflects Ouster's results before the merger with Velodyne was completed, the company reported a loss of 23 cents per share on revenue of $11 million. For the full year, Ouster reported $41 million in revenue with a 27% gross margin, in line with its previous guidance to investors. As of year-end, Ouster and Velodyne had a combined cash balance of about $315 million.

☆ Succession 101: Money lessons from TV’s dysfunctional empire
▼ + stars: | 2023-03-20 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

"Succession" is filled with instructional business tales – some about what to do and some about what not to do. To tease out key money lessons, we talked to a few leaders in the financial world about their best takeaways. “Someone once told me, ‘All money is green, but not all board members are the same.’ That stuck with me. Liz DavidsonFounder & CEO, Financial Finesse; Author, “Money Strong”Money lesson: Focus on financial independence so you can fulfill your true purpose“The purpose of money is to live your own purpose, but the Roy children are extremely tied financially to their father. You’ll see in Succession where they are compromising on talent by ignoring their paid experts in favor of family.

☆ A dog's (longer) life: How to cover health costs for aging pets
▼ + stars: | 2023-03-15 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

"But senior dogs are so lovely, and it's well worth the cost to go the extra mile for them." Whatever furry friend happens to be snoozing on your couch, caring for senior dogs can get pricey. ASK FOR HELPIf your senior dog needs a medical treatment you just cannot afford, do not give up hope. The same principles apply to your furry companion, which is why one solution is a "savings account specifically set aside for your pet's medical care," said Dr. Melvin. "I can't wait for my next senior dog, because they are so precious," she said.

☆ A new surprise for U.S. savers: Turn 529s into retirement money
▼ + stars: | 2023-03-14 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

But starting in 2024, up to $35,000 in 529 funds can be redirected into a Roth IRA penalty-free. "Maybe this provision gives parents some comfort, to know that excess money could be used in future for their child's retirement." As a result, these new 529 rules might mean that parents need not be as nervous about money getting trapped. "Many parents and grandparents are worried about overfunding their 529 plans," said Mitchell Kraus, a financial planner in Santa Monica, California. "This will ease some concerns, as excess money can be used for future generations' retirement."

☆ Generative AI Helping Boost Productivity of Some Software Developers
▼ + stars: | 2023-02-21 | by ( Belle Lin | ) www.wsj.com time to read: +6 min

The technology, known as generative AI, has been pioneered by OpenAI, the lab behind the ChatGPT writing system and the Dall-E visual illustration generator. Copilot, as well as other tools from Amazon.com Inc., International Business Machines Corp. , and startups like Tabnine Inc. and Magic AI Inc., have quickly found a receptive audience among developers seeking a productivity boost. The AI model behind Copilot is trained on data from GitHub, which houses a popular open-source community where developers contribute and share code. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. And, with a tightening economy in mind, Hyland Software is holding back on spending for any new tools or technologies.

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