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Show me the money: How raising interest rates is benefiting short-term savers

Published Thu, 06 Feb 2025 06:27:02 GMT

Do you have money sitting in a checking or savings account, not earning you any interest, but you don’t want to move it because you plan to use it in the near future? Some financial experts say now may be the time to consider moving it.With interest rates rising, these experts say there are safer places to store that money, and actually see a return.Certificates of Deposit (or CD), money market and standard savings accounts are seeing interest rates of more than 4%, with some surpassing 5%, according to current numbers from consumer financial services company Bankrate.“Within the last couple of years, people are starting to look at some of these real safe, shorter-term options for their savings,” said Paul Ramming, an investment adviser at Foundry Capital Management.Ramming said while he hesitates to call these accounts “an investment” or a “wealth building tool,” they are instead seen more as a place to park money for near-term expenses, such as a down payment on a house, new vehic...

HDFC Bank: Fiscal Q1 Earnings Snapshot

Published Thu, 06 Feb 2025 06:27:02 GMT

MUMBAI, India (AP) — MUMBAI, India (AP) — HDFC Bank Ltd. (HDB) on Monday reported net income of $1.51 billion in its fiscal first quarter.The bank, based in Mumbai, India, said it had earnings of 80 cents per share.The financial services provider posted revenue of $7.43 billion in the period. Its revenue net of interest expense was $4.27 billion, topping Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HDB at https://www.zacks.com/ap/HDBSource

Mexicano posee colección de más de 200 muñecas Barbie, incluye una de $2,000

Published Thu, 06 Feb 2025 06:27:02 GMT

PUEBLA, México – En medio de la euforia que ha causado la película de la muñeca más famosa en el mundo, Barbie, el médico mexicano Paul Sebastián Juárez presume de ser uno de sus mayores fanáticos en México, con una colección de más de 200 muñecas, que incluye la primera versión creada en 1959.El cirujano del estado mexicano de Puebla, en el centro de México, contó a EFE que desde su infancia pidió una Barbie a sus padres, pero se la negaban porque era un varón y, según ellos, no podía jugar con muñecas.Pero tras enfermar de cólera y estar a punto de morir, un Día de Reyes despertó con una muñeca de la “Barbie Pink Collection”, con su vestido esponjoso y elegante. México: la fiebre por “Barbie” lleva a la creación de un elote rosa Tremendo cuerpazo: Karol G causa sensación en el estreno mundial de Barbie “Es algo que me hace muy feliz, francamente feliz, el poder tocarlas, peinarlas, cambiarlas de ropa, tom...

Moscow says Black Sea grain deal is dead

Published Thu, 06 Feb 2025 06:27:02 GMT

The Kremlin said on Monday that a U.N.-brokered deal to allow the safe passage of Ukrainian grain exports through the Black Sea is terminated, claiming that Russia’s conditions had not been met.“The Black Sea agreements ceased to be valid today,” Dmitry Peskov, press secretary of Russian President Vladimir Putin, told reporters on Monday, according to Russian news agency Tass.“As the president of the Russian Federation said earlier, the deadline is July 17. Unfortunately, the part relating to Russia in this Black Sea agreement has not been implemented so far. Therefore, its effect is terminated,” Peskov said “As soon as the Russian conditions are met, the Russian Federation will return to the implementation of the deal,” he said.The Black Sea grain initiative, which was first brokered by the United Nations and Turkey a year ago in the wake of Russia’s invasion of Ukraine, was last renewed on May 17 for two months. Some 33 million metric tons of gr...

All the times Keir Starmer’s top team attacked the two-child welfare cap

Published Thu, 06 Feb 2025 06:27:02 GMT

LONDON — Three years is a long time in politics. In February 2020, Keir Starmer vowed to scrap a controversial Conservative social security rule in a bid to “tackle the vast social injustice in our country.” Fast forward to July 2023, and the Labour leader confirmed he is “not changing that policy” — sparking an internal row and drawing ire from some of his colleagues.The Labour leader’s new position on the two-child benefits cap — which prevents British parents from claiming welfare benefits for more than two children — is just the latest in a sequence of U-turns on policies he and his allies once championed, as the party readies for government and points to a grim economic backdrop.One Labour MP — on the party’s “soft left” wing — told POLITICO on Sunday night that they were “livid”.“I’m baffled why we won’t pledge to reverse this … Why aren’t we being consulted? Nobody voted for Keir Starmer to make these decisions...

Woburn school community mourning after HS student among 2 teens killed in crash involving dirt bike in Wareham

Published Thu, 06 Feb 2025 06:27:02 GMT

Authorities have identified the man and 17-year-old boy who were killed in a crash involving a dirt bike in Wareham late Saturday night.Officers responding to multiple 911 calls reporting a crash between a dirt bike and a motor vehicle in the area of 121 Marion Road found two people unresponsive in the roadway suffering from apparent serious injuries, according to a statement issued by the Plymouth District Attorney’s Office.The victims, later identified as Robert Stocker, 17, of Woburn, and Brady Petrucci, 19, of Raynham, were taken to Tobey Hospital, where they were pronounced dead.Stalker was a student at Northeast Metro Tech. In a statement, Woburn Metro Tech and Woburn Public Schools said, “We are deeply saddened to hear of the passing of a beloved student at Northeast Metro Tech. This tragedy has affected all of us in Woburn and the surrounding communities. Our hearts are with the victims’ families, and all those impacted by this tragic event.”Grief cou...

Sewage overflow prompts officials to issue water warning in Greenfield

Published Thu, 06 Feb 2025 06:27:02 GMT

Residents are being urged to avoid bodies of water in Greenfield for at least the next two days after a sewage overflow.Ninety thousand gallons of raw sewage and waste spilled into rivers in the area, including the Green River, the Deerfield River, and the Connecticut River.People should avoid the water bodies to avoid getting sick as a result of the overflow.

Rain, Rain, Go Away…

Published Thu, 06 Feb 2025 06:27:02 GMT

To say yesterday was a soaker is probably an understatement. Many towns picked up 2-3″ of rain with a few spots seeing well over that. There’s a full list of rain totals where you can find your town (or one nearby) here. Worcester saw 1.46″ of rain yesterday (at the airport) which is a good soaking of rain, but on its own probably just a wet day. What’s remarkable about it, is where that has put us for the month of July.To date, Worcester has seen 9.45″ of rain in July. On average, Worcester sees 3.93″ of rain in the *entire month* of July. More remarkable, Worcester is currently sitting at the 4th wettest July on record with two weeks still to go in the month. The rest of the years on the list below account for all 31 days!We’ll get a break from the rain today, but not a break from the humidity. Temperatures will climb to the upper 80s for many of us with humidity staying in the tropical category, so feels like temperatures will be near 90°...

Lucas: Ukraine’s fight against Russia forcing questions on NATO

Published Thu, 06 Feb 2025 06:27:02 GMT

Ask not what NATO can do for you; ask what you can do for NATO.That, in a play on JFK’s famous 1960 presidential inaugural speech, is what President Joe Biden asked of Ukrainian President Volodymyr Zelenskyy at the Lithuanian NATO summit.You keep fighting the Russians for us, Biden implied, and if you win you can join NATO. If you lose, well, that is a different story. You won’t be around to join.Biden, nevertheless, came out in strong support of Zelenskyy and Ukraine, as long as Zelenskyy keeps on fighting and draining the Russian military dry. He promised that the US and NATO “will not waver” in its support of Ukraine.Speaking before an enthusiastic crowd at Vilnius University following the summit, Biden said,” We are steeled for the struggle ahead. Our unity will not falter, I promise you.”This is the same Biden who, upon the Russian invasion of Ukraine 18 months ago, offered Zelenskyy a plane ride to escape out of Kiev to safety in Poland.“The fight is here,” Zelenskyy said at t...

Skipping out: A Biden pass on NH would make history, and not much difference in the end, expert says

Published Thu, 06 Feb 2025 06:27:02 GMT

President Biden could make history during the 2024 presidential cycle, when he may become the first incumbent White House candidate to ever lose a party primary in New Hampshire — and it probably won’t make a bit of difference, according to one historian.With the Granite State and the Democratic National Committee on a political collision course of the liberals’ making, the president’s name may remain off the New Hampshire Democratic primary ballot entirely, effectively handing victory to either Robert F. Kennedy Jr. or Marianne Williamson.In setting this cycle’s primary schedule last February, the DNC and Biden, surely noting the president’s past campaign had turned itself around in South Carolina, sought to shake up the state-by-state voting order and put the Palmetto State ahead of New Hampshire.South Carolina is more representative of the broader Democratic voting base, with more large cities and people of color than the sparsely populated New England state whi...