Money Market Funds vs. Money Market Accounts

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When deciding where to save and invest, your choices will depend on your goals, time frame for saving and risk tolerance. A money market fund is one option; a money market account is another. While they sound similar, they actually work very differently when it comes to growing your money over time. Further, only one of these is insured against loss by the FDIC. Understanding the differences between a money market account and a money market fund can help you decide which one to include in your saving and investing plans.

Money Market Fund, Definition

A money market fund is an investment vehicle, rather than a deposit account. You can invest in money market funds through an online brokerage, either inside a tax-advantaged savings account like an IRA or through a taxable brokerage account.

A money market fund is essentially a type of mutual fund that holds other securities, such

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12 Things to Do After You Find Out Your Partner Cheated

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Click here to read the full article.

Finding out a partner has had an affair can rock your world and be an emotionally devastating experience for you and your family. After all, it’s a betrayal of trust that can bring up a wealth of other concerns about your home life, your future and your health. In the moment, it makes sense that you might be overcome with emotions: People can suddenly experience an array of feelings after discovering infidelity including sadness, anger, shock and disbelief. If your partner cheats, it’s hard to understand why they would do it, what you missed or how it was  but what you decide to do afterward is important.

Here are some expert tips on healthy and productive things that you can do right after your partner cheats:

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Take a breath & allow yourself to cry or scream

Far too often, people

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5 Business Services Stocks to Buy While Pandemic Continues

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Wall Street has been reeling under volatility since mid-June, following the second wave of coronavirus in more than 20 U.S. states. New cases of COVID-19 jumped as all 50 states started reopening after nearly two months of lockdowns. The resurgence of the deadly virus has raised several questions about the much-hyped, V-shaped recovery of the U.S. economy.

Despite the resurgence of coronavirus, several business service stocks have skyrocketed in the past three months. A handful of them carries a favorable Zacks Rank.

Sector Looks Promising

The business services sector comprises consulting, staffing, financial tractions, outsourcing, advertising, waste removal, building maintenance, technology services and auction/valuation services industries. This sector benefited from a higher demand for expertise to improve operational efficiency and reduce costs.

U.S.states eased restrictions and started to open up their economies in the last week of May. This favored the sector following nearly two months of lockdowns. Although, some

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4 must-dos when refinancing into a record-low mortgage rate

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Mortgage rates have fallen to unbelievably low levels, and many borrowers are landing 30-year home loans at under 3%.

If you’re a homeowner with an existing mortgage, you might want to consider refinancing — even if your current loan is only a year old. More than 16 million mortgage holders are ripe for a refi, according to one recent study.

Refinancing at today’s record-low rates could save you a few thousand dollars a year in interest, and tens of thousands of dollars over the course of your loan.

If you think it might be time to replace your mortgage with a new one, here are four tips to make sure you get the most out of your refinance.

1. Be certain a refi is the right move

Before you commit to a refinance, there are a few important things you need to consider. Today’s basement-dwelling mortgage rates may look good

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Business interruption insurance claims are a worry, BoE says before court rules

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By Carolyn Cohn and Huw Jones

LONDON (Reuters) – The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing policies cover big losses caused by the coronavirus crisis.

Anna Sweeney, the BoE’s executive director for insurance, said the sector has remained robust in the face of the COVID-19 pandemic’s impact on assets they hold and on liabilities.

“The highest level of uncertainty remains around business interruption,” she told a City & Financial online event.

Britain’s Financial Conduct Authority goes to court this month to clarify whether an array of wordings in business interruption insurance policies back claims for compensation for disruptions caused by pandemic lockdowns.

“A number of insurers are taking steps to make sure there is no ambiguity about who is and isn’t covered for

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Fox host’s writer quits after racist and sexist online comments revealed

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<span>Photograph: Richard Drew/AP</span>
Photograph: Richard Drew/AP

One of Fox host Tucker Carlson’s top writers has resigned after a CNN investigation found he was posting racist and sexist comments online under a pseudonym.

Under the name “CharlesXII”, Blake Neff regularly posted offensive language on an online forum called AutoAdmit.

In June, for example, Neff wrote, “Black doods staying inside playing Call of Duty is probably one of the biggest factors keeping crime down.” Neff also harassed a woman on the forum, revealing facts about her personal life and encouraging other users to post private information about her.

In an internal memo sent to staff, Fox News confirmed Neff is no longer with the broadcaster. “We want to make abundantly clear that Fox News Media strongly condemns this horrific racist, misogynistic and homophobic behavior,” read the memo. “Neff’s abhorrent conduct on this forum was never divulged to the show or the network until Friday, at

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the best face coverings to buy online

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Silk masks available from Pearl Lowe
Silk masks available from Pearl Lowe

Ministers have announced that it will be mandatory to wear facial masks and coverings when using public transport from June 15.

That means if you use trains, tubes, trams, ferries, planes or buses, you must cover your nose and mouth to help contain the spread of coronavirus. Those without an adequate face covering could be refused travel on public transport and may even face a fine.

Many people have already been wearing masks for walks or to shop for groceries, but now it’s official – and there’s more choice than ever.

What’s the difference between medical masks and face coverings?

Not to be mistaken for clinical medical grade face masks (or PPE), which NHS staff and frontline workers still need to stay safe, facial masks and coverings are typically made from cloth and elastic and sometimes feature a removable filter so that you can

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Coronavirus puppy scams come with ‘red flags,’ expert says: Illegal Tender podcast

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This is the third and final part of Yahoo Finance’s Illegal Tender podcast about the puppy crimes of quarantine and online puppy scams. Listen to the series here.

Many dog owners will look back at the coronavirus lockdown and self-quarantine as the start of their puppy journey.

This season of “Illegal Tender” explores the world of online puppy scams through conversations with two victims and one industry watchdog.

This episode, concluding the season, is a conversation with Josh Kreinberg, chief administrative officer and general counsel at PuppySpot. Kreinberg is a dog owner and dog lover who’s dedicated his professional life to working for a company that places dogs with forever homes. 

Through his work at PuppySpot, Kreinberg is an expert when it comes to identifying online puppy scams and how would-be dog owners can protect themselves from becoming victims.  

The desire to welcome a new dog into your world might … Read More

Zoom Communications, Fortinet, Anaplan, Twilio and SAP

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For Immediate Release

Chicago, IL – July 13, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Zoom Communications ZM, Fortinet FTNT, Anaplan PLAN, Twilio TWLO and SAP SAP.

Here are highlights from Friday’s Analyst Blog:

Millennials’ Investment View Changes: 5 Tech Stocks to Buy

The coronavirus pandemic, which has been wreaking havoc economically, has emerged as an unlikely silver lining to the millenials or Gen Y — a generation that roughly comprises adults whose birth years range between 1981 and 1996 — by compelling them to bring about positive changes to their finances.

COVID-19 induced falling GDP and rising unemployment level are persuading this demographic cohort to become more calculative and conservative in spending. This demographic that has been

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Republicans Want To Make Sure You Can’t Sue Your Boss If You Get Sick

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With millions of workers returning to their jobs amid a still-raging coronavirus pandemic, the top Republican priority for the next big coronavirus bill is preventing them from suing their employers if they get sick.

Senate Majority Leader Mitch McConnell (R-Ky.) said Monday that his “number one” policy for a bill sometime this month is to block “an epidemic of lawsuits” against businesses, schools and health care providers from employees, customers, students and patients.

“Unless you were grossly negligent or intentionally engaging in harmful conduct, you should be protected from liability during this process,” McConnell said at an event in Kentucky, claiming there has been a surge of lawsuits relating to the pandemic.  

“There’s an army of trial lawyers out there ready to take advantage of the situation,” McConnel said. “We cannot get back to normal if we have an epidemic of lawsuits.”

McConnell’s push to shield businesses from liability claims

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