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☆ Another reason to rethink CDs: Your return is less than it seems
▼ + stars: | 2024-10-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Now that the Federal Reserve has started to cut the federal funds rate, those yields are moving lower. Lincoln Financial's analysis shows that cash yields have historically fallen by 2%, on average, twelve months after the start of a Fed cutting cycle. What to do with excess cash Instruments like CDs, high-yield savings accounts and money market funds are a good place to stash cash for emergencies and upcoming expenses. However, the forward market implies that they should start to look appealing relative to money funds in about six months, Abate wrote. "We expect investors to rotate from money funds into IG only if compensated for the risk," he noted.

Persons: Joe Boyle, Sallie Mae, Goldman Sachs, Marcus, Michael Kaye, Jayson Bronchetti, Lincoln, Boyle, Lincoln Financial's Bronchetti, Bronchetti, we've, Joseph Abate, Abate Organizations: Hartford Funds, Investors, Federal Reserve, American, Financial, Synchrony, Fed, Lincoln Financial, Bloomberg U.S, Barclays, Reserve, IG Locations: Wells Fargo, U.S

☆ Investing in Space: How Columbia's fabric tech landed on the surface of the moon
▼ + stars: | 2024-02-29 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Looking at Intuitive Machines ' Odysseus spacecraft, you may have noticed any one of four fairly visible images: The American flag, NASA logo, Intuitive Machines logo … and a Columbia Sportswear logo. Of course, Columbia wasn't just involved to keep a moon lander comfortable with its jacket liner. "A technology that's good enough to get a lunar spacecraft to the moon, that you can wear in your everyday life? Pioneers in space – I would have never attached that to our company, say, 5 years ago," Boyle added.

Persons: CNBC's Michael Sheetz, Joe Boyle, We've, Boyle, Columbia wasn't Organizations: Columbia, NASA Locations: Columbia

☆ MLB roundup: Astros, D-backs punch tickets to postseason
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +10 min

Verlander (13-8) allowed two hits in five scoreless innings, while Kelly (12-8) went seven innings and allowed five hits and one run. Marlins 7, Pirates 3Jazz Chisholm Jr. homered and added an RBI single for visiting Miami, which beat Pittsburgh to clinch an NL wild-card spot. Josh Bell added a two-run double and sacrifice fly, and Bryan De La Cruz an RBI single for the Marlins. Endy Rodriguez and Bryan Reynolds each hit an RBI single for the Pirates. Joey Meneses followed with an RBI single and scored on Luis Garcia's double.

Persons: Miami Marlins Luis Arraez, Xavier Edwards, Jazz Chisholm, Charles, Saturday's, Houston's Justin Verlander, Arizona's Merrill Kelly, Verlander, Phil Maton, Kelly, Jose Abreu, Chisholm, Josh Bell, Bryan De La Cruz, Endy Rodriguez, Bryan Reynolds, Andrew Heaney, Jonah Heim, Eugenio Suarez, Spencer Strider, Marcell Ozuna, John Smoltz, Strider, CJ Abrams, Joey Meneses, Luis Garcia's, Andy Ibanez, Akil Baddoo, Carson Kelly, Miguel Cabrera's, Cabrera, Beau Brieske, Triston McKenzie, Taylor, Megill, Edmundo Sosa, Brandon Marsh, Weston Wilson, Brooks Raley, Adam Ottavino, Frankie Montas, Estevan Florial, Gleyber Torres, Yan Gomes, Gomes, Willy Adames, William Contreras, Blake Perkins, Carlos Santana, Michael Wacha, Profar, Ji Man Choi, Juan Soto, Lenyn Sosa, Anthony Santander's, Kyle Gibson, Bruce Zimmermann, Adam Duvall, Kutter Crawford, Lars Nootbaar, Jose Fermin, Louis, Jordan Walker, Ivan Herrera, Luken Baker, Masyn Winn, Noelvi Marte, Connor Phillips, Francisco Alvarez, Kyle Schwarber, Johan Rojas, Trevor Larnach, Edouard Julien, Matt Wallner, Max Kepler, Christian Vazquez, Chris Paddack, Brenton Doyle, Sean Bouchard, Elehuris Montero, Nolan Jones, Alan Trejo, Karl Kauffmann, Tristan Beck, Clayton Kershaw, Tyler Fitzgerald, Kai Correa, Max Muncy, Kershaw, Shea Langeliers, Joe Boyle, Zack Gelof, Boyle, Brandon Drury, Mike Moustakas Organizations: Miami Marlins, Pittsburgh Pirates, PNC Park, Miami, Astros, Diamondbacks, American League, Arizona, National League, Cincinnati Reds, St, Louis Cardinals, Marlins, Pirates, Pittsburgh, Rangers, Mariners, Texas, Seattle, Houston, Braves, Washington, Keibert, Tigers, Detroit, Guardians, AL, Blue Jays, Tampa Bay, Toronto, Rays, Mets, Phillies, NL, Yankees, Royals, New York, Kansas City, Cubs, Brewers, Chicago, Milwaukee, NL Central, Padres, White Sox, San, Orioles, Red Sox, Baltimore, Boston, Cardinals, Reds, Cincinnati, New, Philadelphia, Twins, Rockies, Minnesota clobbered, Minnesota, Colorado, Giants, Dodgers, San Francisco, Los, Athletics, Oakland, Los Angeles, Detroit Tigers, Thomson Locations: Pittsburgh , Pennsylvania, USA, Arizona, Houston, Phoenix . Houston, Texas, Cleveland, New York, Philadelphia, San Diego, Chicago, Cincinnati, Minnesota clobbered Colorado, Denver, Los Angeles, Los, Anaheim , Calif

☆ MLB roundup: Pirates escape 9-run hole, stun Reds
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +9 min

Rivas got the Pirates on the board with an RBI single in the fourth inning. The Reds dropped 2 1/2 games behind the Chicago Cubs in the chase for the final wild-card spot in the National League. Athletics 4, Tigers 1Trevor May pitched out of bases-loaded jams in the eighth and ninth innings, preserving Joe Boyle's first major league win, as Oakland defeated visiting Detroit. Stroman was relieved by Javier Assad (5-3), who threw four scoreless innings, allowing two hits with six strikeouts and no walks. Mookie Betts drove in two runs for a major league record 105 RBIs from the leadoff spot.

Persons: Jordan Montgomery, Kevin Jairaj, Alfonso Rivas, Rivas, Bryan Reynolds, Ji Hwan, Christian Encarnacion, Strand, Bailey, Strand's, Montgomery, Dylan Moore, Julio Rodriguez, Louis, Josh Lowe, Chris Devenski, Junior Caminero, Bo Bichette, Vladimir Guerrero Jr, Cavan Biggio, Luis Robert Jr, Josh Winckowski, Statcast, Dylan, Nick Pivetta, Pivetta, Jo Adell, Brandon Drury, Kyle Farmer, Christian Vazquez, Trevor May, Joe Boyle's, Esteury, Boyle, Jordan Diaz, Joey Wentz, Miguel Diaz, Jake Burger, Josh Bell, Bryan De La Cruz, Carlos Santana, Nico Hoerner, Christopher Morel, Miles Mastrobuoni, Marcus Stroman, Stroman, Javier Assad, Bryce Harper, Alec Bohm, Zack Wheeler, Jose Quintana, Taylor Clarke, Richie Palacios, Palacios, Luken Baker, Andrew Knizner, Ryan Helsley, Eguy Rosario, Xander Bogaerts, Helsley, Fernando Tatis Jr, Juan Soto, John Means, Anthony Santander, Andres Gimenez, Tommy John, Clayton Kershaw, Kershaw, Mookie Betts, Martinez Organizations: Texas Rangers, Seattle Mariners, Life, Pittsburgh Pirates, Cincinnati, Reds, Pirates, Chicago Cubs, National League . Rangers, Mariners, Seattle, Rangers, American League West, Houston Astros, Rays, Blue Jays, Tampa Bay, Cavan, White Sox, Red Sox, Boston, Chicago, Angeles, Angels, Minnesota, American League Central, Athletics, Tigers, Oakland, Detroit, Marlins, Brewers, Miami, Milwaukee, NL, Friday, Cubs, Rockies, Colorado, Miami Marlins, National League, Phillies, Mets, Philadelphia, League, New York, Royals, Astros, Kansas City, Houston, Seattle . Cardinals, Padres, Orioles, Baltimore, Cleveland, Dodgers, Giants, Francisco, Los, The Giants, Thomson Locations: Arlington , Texas, USA, Encarnacion, Texas, Montgomery, St, Toronto, St . Petersburg, Fla, Chicago, Minnesota, Minneapolis, Angeles, Houston, Diego's, San Francisco, Los Angeles

☆ Athletics' Joe Boyle faces Tigers after strong debut
▼ + stars: | 2023-09-23 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

The homer by Rooker, his 29th of the season, was the sixth in his past nine games as Oakland broke an eight-game losing streak on Friday. A's manager Mark Kotsay knew it was gone when he saw his powerful outfielder take his eye off the flight of the ball almost immediately. He'll look up at the board and check out exit velo to make sure it's going to be a homer. Tigers manager A.J. The same is true for A's prospect Joe Boyle (0-0, 0.00 ERA), whose first major league outing was a rousing success on Sunday against the visiting San Diego Padres.

Persons: Brent Rooker, Shea Langeliers, Tarik Skubal, Rooker, Mark Kotsay, Kotsay, he's, Brenan, Hanifee, A.J, Hinch, Joe Boyle, Star Miguel Cabrera, Cabrera, Hank Aaron, Cabrera's Organizations: Oakland Athletics, Detroit Tigers, Tigers, Oakland, velo, San Diego Padres, Notre Dame, Star, Oakland Coliseum, American, Thomson Locations: Detroit

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