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Cash has poured into money market funds since the Federal Reserve began its rate hiking cycle. Short-term debt has been a popular investment over the past few years, and money market funds are a top example. For perspective, there was roughly $4 trillion in total money market funds as of the fourth quarter of 2019, according to the St. Louis Fed . Money market funds hold very short-term debt, and many currently offer a yield above 5%. "Historically, you don't tend to see money market inflows stop or convert to outflows until you get below say 3% on those rates.
Persons: Cash, Louis Fed, Sam Huszczo, Huszczo, Todd Sohn, Ken Brodkowitz, weren't, Brodkowitz, Strategas, Sohn, " Sohn, Callie Cox, Cox Organizations: Federal Reserve, Investment Company Institute, SGH Wealth Management, Federal, Bond, SEC, Gries Financial Partners, Fidelity, Income, Morningstar, US Treasury, Ritholtz Wealth Management, Ritholtz Locations: Detroit , Michigan, BlackRock
Vice President Kamala Harris carefully hit back at former President Donald J. Trump after he questioned the legitimacy of her identity as a Black woman, saying on Wednesday that he had put on the “same old show” of “divisiveness and disrespect.”“The American people deserve better,” Ms. Harris said at a convention of Sigma Gamma Rho, one of the nation’s most prominent Black sororities. “The American people deserve a leader who tells the truth, a leader who does not respond with hostility and anger when confronted with the facts. We deserve a leader who understands that our differences do not divide us — they are an essential source of our strength.”But she did not directly quote or refer to Mr. Trump’s comments earlier on Wednesday in Chicago, where he had asked of Ms. Harris: “Is she Indian or is she Black?” He had also falsely claimed that Ms. Harris used to identify as Indian and then “all of a sudden, she made a turn, and she became a Black person.”The vice president is of Jamaican and Indian heritage, and attended Howard University, a historically Black university.
Persons: Kamala Harris, Donald J, Trump, divisiveness, ” “, Ms, Harris, Trump’s, , Organizations: Sigma Gamma Rho, Howard University Locations: Chicago
"And I knew it would just get harder and harder for her once she got to intermediate and high school." That's when she learned about the Green School in Bali, Indonesia, known for its sustainability-focused curriculum and eco-friendly bamboo campus . "I remember getting up and telling the family, 'We're moving to Bali for the Green School,'" Jackie said. There are around 70 Indonesian students at Green School Bali, of which half are on full scholarships, he said. Yearly tuition fees at Green School Bali do not come cheap.
Persons: , Mila, Jackie Easthope, Jackie, SONNY TUMBELAKA, John Hardy, Cynthia, Jackie Easthope It's, Kingston, Mads Hedegaard, Hedegaard, Sayoga, Bali Jackie, I'd, I'm Organizations: Service, Business, Green School, Getty, Education, Motion, Hardys, Indy, Green, Western Associates of Schools, Colleges, WASC, Green School Bali, Canggu Community Locations: New Zealand, Bali , Indonesia, AFP, Bali, South Africa, Singapore, Kingston, Beraban, Canggu
This mechanism, the researchers say, can not only give us more insight into the secrets hidden below Mercury’s surface, but on planetary evolution and the internal structure of exoplanets with similar characteristics. Mercury owes its gray surface to the widespread presence of graphite, which is a form of carbon. Also known as the Mercury Surface, Space Environment, Geochemistry and Ranging mission, it gathered data about the planet’s geology, chemistry and magnetic field, before the spacecraft ran out of fuel and impacted the surface. “However, some lavas at the surface of Mercury have been formed by melting of the very deep mantle. “Only future missions to the planet Mercury will tell whether these predictions were correct.
Persons: , Bernard Charlier, it’s, Yanhao Lin, ” Charlier, Lin, Charlier, , Giuseppe “ Bepi ”, Sean Solomon, Solomon, landers, ” Solomon, BepiColombo, Manley, Felipe González, González, ” González, Organizations: CNN, Mercury, University of Liège, NASA, Johns Hopkins University Applied Physics Laboratory, Carnegie Institution of Washington Mysterious, Center for, Science, Technology, Research, Nature Communications, MESSENGER, European Space Agency, Japan Aerospace Exploration Agency, Columbia University, ESA, University of California Locations: Mercury, Belgium, Beijing, Italian, Giuseppe “ Bepi ” Colombo, New York City, Berkeley
Business Insider's Pick for the Best travel credit card Chase Sapphire Preferred® Card Apply now lock icon An icon in the shape of lock. Perks Earn 5x on travel purchased through Chase Travel℠. Note that credit card lenders may use many different variations of credit score models when considering your application. Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠.
Persons: it's, Hilton, , cardholders Organizations: Business, Hilton, Hilton Honors, Hilton Honors American, Aspire, United Premier Gold, Mastercard, Chase, I'm, Capital, United, Chase Travel, Sapphire, Hotel, FDIC Locations: Cabo San Lucas, Mexico, Cabo
Compare Car Insurance Quotes
  + stars: | 2024-07-30 | by ( Alani Asis | Paul Kim | Read More | ) www.businessinsider.com   time to read: +15 min
51% of drivers do not trust their car insurance providers and car insurance costs continue to rise, up by 11.2% in 2023-2024. Get Car Insurance Quotes Compare affordable car insurance quotes online in minutes. How to shop for car insuranceIf you're in the market for car insurance, here's a step-by-step guide to finding the best and cheapest car insurance for you. Factors That Affect Car Insurance QuotesPersonal FactorsOne personal factor that affects your car insurance quotes is your age and gender. How to Compare Car Insurance Quotes FAQHow often should I compare car insurance quotes?
Persons: , You'd, you've, You'll, you'll, Alani Asis Alani Asis, Forbes, She’s, Read Organizations: Get, Insurance Information Institute, Car Insurance, Liberty Mutual, Amica, Farm, Farmers Insurance, Liberty Mutual Teachers, Auto, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: U.S, Manoa
CNN —Organizers of the Paris Olympics have apologized for what some critics described as a parody of “The Last Supper” during the lavish opening ceremony on Friday. The scene featured drag artists and dancers and was widely criticized by the Catholic church and Christian groups. Performers are seen on a catwalk erected along the Passerelle Debilly bridge in Paris during the opening ceremony. “Dionysus arrives at the table because he is the Greek God of celebration and that sequence is called ‘festivity,’” Jolly said. “The God of wine, which is also a French jewel and father of Sequana, the Goddess linked to the River Seine.
Persons: Anne Descamps, , Johann Rottenhammer, Jan Brueghel, Wally Skalij, Thomas Jolly, Leonardo da Vinci, “ Dionysus, ” Jolly, Sequana, Mount Olympus —, Dionysus Organizations: CNN —, Paris, Catholic, French Catholic Church, Los Angeles Times, CNN, BFMTV, Twitter Locations: Paris
As market competition heated up, Tesla started cutting prices, which turned into an industrywide price war that Tesla isn't winning. It's a steep fall, considering Tesla's share of the EV market used to be as high as 80%. Critics balked, but Musk assured the Tesla community that this was the only strategy to save the company. Musk is looking for ways to buy time for Tesla — and one of those ways is to get Trump elected. Preserving Tesla's market position is imperative until he can conjure another product that people are excited to buy.
Persons: Elon Musk, Donald Trump —, Tesla, Trump, Joe Biden's, Kelley Blue, Musk, Ford, , Critics, shouldn't, ZEV, Steve Granitz, Vaibhav Taneja, China's, Elon — Organizations: Elon, Trump, Tesla, White, EV, GM, Getty Images Trump, PAC Locations: China, USA, Shanghai
"I always tried to put a little bit aside, like change and dollar bills and whatnot. That's a problem that's going to stick around, as female "peak boomers" — Americans turning 65 between 2024 and 2030 — have, on median, $185,086 in retirement assets. Men in that group, comparatively, have $268,745, according to the Alliance for Lifetime Income and the Retirement Income Institute. "It looks like something that I could afford to live a little bit more, a little bit better; my income would stretch a little bit more," she said. However, after connecting with a friend who's made the move and found community, Dee is ready to move forward once again.
Persons: , she's, I've, Dee —, Dee, would've, That's, She's, who's, it's, I'm Organizations: Service, Business, Social Security, Alliance for Lifetime, Income, Central America Locations: Georgia, chemo
Healthcare professionals told BI that the public's more relaxed attitude toward COVID is ultimately a good thing. AdvertisementThe long COVID scareRelaxed attitudes are not necessarily a bad thing, according to doctors. On the one hand, people are generally not getting as sick as they once did when ill with COVID, medical professionals told BI. AdvertisementMedical professionals are doing their best to understand long COVID, but admit that there's still much to learn. "When I treat people with long COVID, they are always masked," Chopra said.
Persons: , Joe Biden, Anita Chopra, Eric Chow, Edward Jones, Lopez, Chow, we've, Jessica Bender, Bender, Chopra, Long, ROBYN BECK Organizations: Service, Business, University of Washington, Public Health Seattle, Yahoo, Keck Medicine, University of Southern, Centers for Disease Control, UW, Getty, National Library of Medicine Locations: King County, University of Southern California, Seattle
There’s been this sudden vibe shift, if you will, in the Democratic Party since Biden dropped out. And as you described, the vibe shift is really extraordinary. Tear down obstacles — I mean, the obstacle many would say was President Biden himself. A new New York Times/Siena poll shows that over 80 percent of voters are happy that Biden dropped out. I think this is something the party was wrestling with for a long time.
Persons: There’s, Biden Organizations: Democratic Party, New York Times Locations: Siena
AdvertisementThese convenience stores also double up as pit stops that live up to their name by offering customers access to ATMs and printers, as well as other services like bill payments and buying concert tickets. That said, Americans who want to enjoy some of the Japanese 7-Eleven magic closer to home won't have to wait much longer. America's 7-Elevens get a Japanese makeoverThe stores in the US will soon get a fresher variety of food similar to their Japanese counterparts. Related storiesAs Isaka told Bloomberg in February, that strategy is now all about getting "fresh food" on shelves. That process is being helped by Warabeya Nichiyo, a key food supplier for 7-Eleven Japan, as it looks to build its third plant in the US, costing $81.5 million.
Persons: , Lawson —, Elevens, Ryuichi Isaka —, Isaka, Warabeya Nichiyo, she'd Organizations: Service, Business, YouTube, Holdings, Speedway, Bloomberg, Street Journal Locations: Haneda, Narita, North America, Tokyo's Asakusa, Dallas, American, Tokyo, Japan, Orange County , California
The 13th hole on the Jack Nicklaus Signature Golf Course at Juniper Preserve. The golf course and clubhouse at Hualalai Resort in Hawaii. For Chelsea, a golf course community's "selling point" was simply the ability to enjoy nature. "I could go either way on living on a golf course — it didn't really matter to me," she added. "But the idea that when the golf course is closed, then you have this great big space between you and your neighbors.
Persons: , Zers, lockdowns, Brandon, Chelsea Lehmann, Jack Nicklaus —, Jack Nicklaus, they're, Brandon Lehmann, Chelsea, Keith Poliakoff, Poliakoff, Kevin McDonald, Xer, Kristie, Kevin, they've, Nick Pantuliano, Pete, Pantuliano, it's Organizations: Service, Business, Juniper Reserve, Chelsea, Government, Group, Golf Foundation, PTM Partners, Juniper Locations: Bend , Oregon, Portland, Juniper, Bend, Brandon, Chelsea, Oregon, Florida, Hawaii, Toronto, Real, St, Petersburg , Florida, St . Petersburg
In June, the financial services company WalletHub ranked the 50 states and DC across three categories: economic activity, economic health, and innovation potential. The Economic Policy Institute pointed to low minimum wages and unionization rates in Southern states as two factors keeping pay down. Of course, workers in some Southern states earn less than others. Using US Bureau of Economic Analysis and Bureau of Labor Statistics data, the analysis highlighted the average annual wages across US states as of 2022. Only two Southern states — Louisiana and West Virginia — were among the eight US states that saw their populations decline between 2022 and 2023.
Persons: , Jacob Funk Kirkegaard, Chandra Childers, it's, West Virginia — Organizations: Service, West Virginia —, of Columbia, WalletHub, Business, South :, Workers, Economic Policy Institute, Southern, Economic, Economic Innovation, Peterson Institute for International Economics, of, of Labor Statistics, Institute, Texans, Dallas Fed Locations: Southern, Delaware , Maryland, Virginia, West, South, South : Mississippi, West Virginia , Arkansas , Louisiana, Kentucky, West Virginia , Arkansas , Alabama, South Carolina, Houston, Dallas, Miami, Nashville, Midwest, Mississippi, Hawaii, Texas, North Carolina, Georgia, South : Texas, Florida, North Carolina , Georgia, Tennessee, — Louisiana, West Virginia
But I was shocked when I was met with judgment for still being on my dad's phone plan. Each sales associate jokingly asked if I was on my family's phone plan, and I sheepishly admitted I was. So, they're happy to help me by letting me stay on the family phone plan and sharing their streaming services with me. Related storiesMany of my friends moved back in with their parents after college to save money, and I've debated doing the same thing. I'm grateful that my family is so supportive, and just knowing that makes me work harder to meet my goals.
Persons: I've, sheepishly, we'd, It's, I'm, it's Organizations: Service, Columbia Journalism School, Pew Research Locations: New York, Manhattan
ChatGPT creator OpenAI on Thursday announced a prototype of its search engine, SearchGPT, in an effort to directly compete with Google Search. "Not really seeing any decline in web traffic away from web search" despite the popularity of AI chatbots," Marks said Friday. Alphabet's efforts to incorporate generative AI into Google Search — dubbed "AI Overviews" — are resonating with users, CEO Sundar Pichai said on the conference call. He added that people are looking for help with complex topics are engaging more and keep coming back for AI Overviews. To be sure, the AI threats to Google Search is not the only question on Alphabet investors' minds.
Persons: OpenAI, Jeff Marks, It's, Marks, OpenAI's SearchGPT, Bing, That's, Rosenblatt, Alphabet's, Sundar Pichai, Pichai, There's, Jim Cramer's, Jim Cramer, Jim, Idrees Abbas Organizations: Google, Microsoft, Nasdaq, Investor, Rosenblatt, Bing, Bank of America, Citigroup, Citi, Management, CNBC, Getty
Domino's CEO slams the summer of value meals
  + stars: | 2024-07-25 | by ( Shubhangi Goel | ) www.businessinsider.com   time to read: +3 min
Read previewAccording to Domino's CEO, smaller burgers are no way to make people happy. In an interview with Bloomberg, Russell Weiner took aim at the size of his competitors' value meals, which often include burgers. "If you want a big sandwich and you end up getting a little sandwich cheaper, you're not happy." AdvertisementWeiner's comments come during a summer of value meals in the US — with nearly every major outlet creating bundles to attract price-sensitive customers. Still, a better value strategy has not been enough to fully satisfy Domino's investors.
Persons: , Russell Weiner, Domino's, Weiner, Burger King, Taco Bell, Burger Organizations: Service, Bloomberg, Business, Taco, Restaurant Brands Locations: Burger, Japan, France
Read previewFor more than a decade, Allyson Felix reigned supreme in track and field. Now 38, Felix told Business Insider how she maintained peak performance and dealt with the intense pressure of elite competition. Felix shared three lessons from her Olympic career that can help everyday athletes level up on their next run or workout. Rest days are crucialDuring her 17-year elite athletic career, Felix dominated the 200-meter sprint and helped the US women's relay team lock in multiple gold medals. Related storiesWhile it can be tempting to work out every day to make faster progress, skipping rest days can backfire and lead to overtraining, burnout, injury, and plateaus.
Persons: , Allyson Felix, Felix, you've, you'll, It's Organizations: Service, Business, BI, Pampers, Olympic Games
I've also started "quiet vacationing," which is when your employer is under the impression you're working but you're secretly taking time off. Although I've considered leaving my job, I'm in a golden cage. Because I spend a lot of time doing nothing, I started quietly taking time off for travel without taking PTO over the past two years. Why are we having regulations about the hours that I'm online or where I'm working from? The world can't function if no one has a job, but your job doesn't need to be your entire life.
Persons: , I'm, I've, I'd, it's, It's Organizations: Service, Business, San Locations: San Francisco, Europe, Italy
Choosing the right college for my kidsNaturally, I often wished my three kids would have as life-changing a university experience as I had. All three of my kids opted for university in ItalyThe author's kids in 2016 in Florence, where they all opted to attend university. This made opting for a university in Italy a natural choice, and not just because of the affordability. AdvertisementThe year all three were in university simultaneously, the cost of tuition, rent, and meals for all kids totaled $60k. But that changed again when two of the kids moved back to Florence in 2023, and Fabio and I decided to follow.
Persons: , Duke Ellington's, Fabio, Lisa Diletti, Polimoda, Florence, I'm Organizations: Service, Georgetown University, Business, Florence University of the Arts, Locations: Washington , DC, Virginia, Italy, Florence, Italian, Europe, Northern Virginia, Minneapolis
AdvertisementShe explained that from a tactical perspective, Ukraine and Russia are learning much about each other, and in response, the cycles of adaptation and countermeasures are rapidly compressing. "Russia's allies and their partners are learning from them, and this is now a currency that Russia has to give to Iran, China, North Korea — that learning of our equipment." Iran and North Korea have collectively outfitted Russia with a bunch of lethal aid, including missiles, rockets, artillery shells, and drones. Photo by ANONYMOUS/Middle East Images/AFP via Getty ImagesChina's support for Russia as it wages war in Ukraine has been more discreet. Experts and officials have also said that North Korea is likely learning about how its weapons perform in actual combat conditions.
Persons: , Dara Massicot, Massicot, Baiba Braže, Alina Smutko, Tehran's, Abrams, ALEXANDER NEMENOV, It's, Luke Coffey, Iran's Organizations: Service, NATO, Business, Carnegie Endowment, International, Latvia's, Mechanized Brigade, REUTERS, Getty, CNN, Russian, Army Tactical Missile, West, Ukraine —, Hudson Institute, North, General Staff, Ukrainian Armed Forces, Institute for, Ukraine Locations: Ukraine, Russia, Washington, Iran, China, North Korea, Moscow, Iranian, Kermanshah, Beijing, Tehran, Pyongyang, AFP, Israel, Korea, Ukrainian, X
Even if you don't fly British Airways, you can get far with the British Airways Visa Signature® Card. British Airways Credit Card Benefits10% discount on British Airways flights from the USBritish Airways Visa Signature® Card members can save 10% on British Airways flights departing the US — which basically means flights to London. Visa Signature benefitsAs a Visa Signature card, the British Airways Visa Signature® Card offers access to the Visa Signature Concierge for help with things like hard-to-get restaurant reservations or theater tickets. British Airways Credit Card Annual Fee and Other CostsThe British Airways Visa Signature® Card has a $95 annual fee and no foreign transaction fees. Methodology: How we reviewed the British Airways Visa Signature CardThe credit card team at Business Insider compared the British Airways Visa Signature® Card to other travel and airline credit cards with similar annual fees.
Persons: shouldn't, I've, you've, Chase, Hilton, it's, It's, you'll, BA's Organizations: British Airways, Alaska Airlines, American Airlines, Cathay, Japan Airlines, Qantas, Aer Lingus, Aer, British Airways Visa, FDIC, British, Chase, Chase British Airways, United, Hyatt, Airways, American, Delta, JetBlue, Hilton . American Express, Cathay Pacific, US British Airways, Card British Airways, Chase Travel, Capital, DoorDash, Venture, Business Locations: Cathay Pacific, Iberia, London, Aer Lingus, Hawaii, West Coast, Dublin, East, Chicago, New York, Dallas, Cancun, Miami, Nassau, Bahamas, North America, British, Europe, Asia, Auckland , New Zealand, Sydney, Melbourne, Phoenix, Los Angeles, Oakland , Portland, San Diego, San Francisco, San Jose, Seattle, East Coast, Shannon, Ireland, Boston, Hartford , New York, Newark, Toronto, Philadelphia, Cleveland, Washington, Aer
The IHG One Rewards Premier Credit Card delivers on that front and offers plenty of options for redeeming those rewards. IHG elite statusThe IHG One Rewards Premier Credit Card comes with automatic IHG Platinum elite status — one of the chain's middle elite tiers. IHG One Rewards Premier Card Annual Fee and Other CostsThe IHG One Rewards Premier Credit Card currently has an annual fee of $99. Before the IHG One Rewards Premier Credit Card came on the market, Chase issued the IHG Select card (no longer available to new applicants). Methodology: How We Reviewed the IHG Premier CardPersonal Finance Insider's credit card experts evaluated the IHG One Rewards Premier Credit Card in comparison to other IHG credit cards and similar hotel credit cards from Hilton, Marriott, Hyatt, Wyndham, and Choice.
Persons: Cash, It's, IHG, Cardholders, You'll, you've, you'll, Chase Organizations: United, Credit Card, Resorts, Hotels, InterContinental ®, Crowne Plaza, FDIC, IHG, Diamond, Chase, Hyatt, Marriott, Mastercard, Card, Finance, Global, TSA, American Express, Chase Sapphire, Business, Business Credit, Visa, Chevron, United Travel Bank, Hilton, Wyndham Locations: Polynesia, there's, Canada, U.S, Hyatt
Wells Fargo Autograph Card OverviewThe Wells Fargo Autograph℠ Card offers various benefits including cellphone protection and car rental insurance. How the Wells Fargo Autograph Card ComparesWells Fargo Autograph℠ Card vs. Wells Fargo Active Cash® CardThe Wells Fargo Active Cash® Card is another very popular Wells Fargo credit card. Wells Fargo Autograph℠ Card vs. Wells Fargo Autograph Journey℠ CardThe Wells Fargo Autograph Journey℠ Card is the newest iteration of this popular travel rewards card. Despite the $95 annual fee, the Wells Fargo Autograph Journey℠ Card offers significantly more perks for frequent travelers than the Wells Fargo Autograph℠ Card. Wells Fargo Autograph Card Frequently Asked QuestionsIs the Wells Fargo Autograph card worth it?
Persons: Wells, Insider’s, There's, Cardholders, That's, it's, Assistance Wells, you'll, You'll, Cash, Read, Chase Travel ℠ Organizations: PayPal, Wells, Apple, ESPN, Emergency, Assistance, Card, Chase, Travel, Chase Travel, Sapphire Locations: Wells Fargo, Wells, U.S
Compare the Top Bank Accounts for College StudentsWe researched over a dozen banks to find the best checking accounts and savings accounts for college students. Determine if you want a bank account specifically for college students or a standard bank account. The bank account agreement shares details about the bank account, like the opening requirements, minimum balance requirements, and interest rate. Best Bank Accounts for College Students FAQsWhat makes a bank account student-friendly? We researched more than a dozen bank accounts at brick-and-mortar banks, online banks, credit unions, and online banking platforms to find the strongest bank accounts ideal for college students.
Persons: Alliant, Foster, You'll, Ally, Chase, Doesn't, JP Morgan Chase, Jeffrey Epstein's, Banks, Tania Brown, Sophia Acevedo, Roger Ma, James Organizations: Banking, College Students Student, College, Credit Union, Alliant Credit, Credit, Ally Bank, Ally, Capital, Savings, Easy Branch, Chase, Chase Mobile, U.S, Zero, JPMorgan Chase Bank, N.A, FDIC, Chase Bank, SoFi Bank, Green, Better, BBB, U.S . Virgin, SEC, Futures, Mobile, Bank, College Students, Business Locations: Chicago , Illinois, NY, LA, TX, VA, NJ, Washington, Connecticut , Delaware , Louisiana , Maryland , New Jersey , New York , Texas, Virginia, DC, U.S, N.A, J.D
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