Our view: 2nd District election for state senator attracts curiosity and cash | Newest Headlines



MP Vince Mazzeo, D-Atlantic, left, and State Senator-elect Vince Polistina, R-Atlantic are the contestants in one of the most competitive and watched legislative races this fall.

When Senator Chris Brown announced that he would not run for re-election, those who followed the policy knew immediately that competition for the open seat would be intense and therefore a lot of money would be spent to win it.

Even so, South Jersey Democratic leader George Norcross was shocked to raise and spend $ 5 million on a contest in Atlantic County. That’s more than a third of what the Democrats spent on all legislative competitions in 2019.

The Norcross money will go to MP Vince Mazzeo, D-Atlantic’s campaign for the Senate seat of the 2nd, left by Brown. His opponent, Vince Polistina, a former Republican MP for the district, said the New Jersey Democrats would always be Republicans surpass, but he was surprised that so much money was announced so early. Polistina said he and his party had the resources to campaign effectively.

Partisans often think that money is a problem in politics when their enemies have more of it. Spending is useful in a campaign, no question about it, but increasing it leads to a decreasing return at a certain point. And funding is only one factor, and often not the most important. Campaigns that are expected to be successful can receive money from groups and people trying to support the winner. Well-funded campaigns often fail to change voters’ minds.

Consider the recent efforts of the New Jersey Education Association. In 2017, they were among the stakeholders who spent millions on Phil Murphy’s behalf. But the former Goldman Sachs financier was not short of money, and his contest ended with the highest spend since the record election for his Goldman Sachs predecessor, Jon Corzine.

Learn how to discover increased rates of interest in your cash amid inflation worries

Your emergency savings could depreciate in value due to one thing: inflation.

The costs are increasing from gasoline, which rose 20% during the pandemic, to bacon, which rose 18.7%.

Meanwhile, persistently low interest rates make it difficult to get a return on your cash and keep your money in a place that is readily available.

While all eyes are on policy makers to see what steps they can take to mitigate the situation, you may want to reassess where your money is invested.

Keep it safe

While it is frustrating to know that you are not getting a high return on your money, the important thing to remember is that you want those funds to be there when you need them.

“If cash is intended for an emergency fund or a short-term spending, it must be kept safe,” said Ken Tumin, Founder and Editor of DepositAccounts.com.

“Stocks or Bitcoin or any other type of investment are not suitable,” he said.

When it comes to keeping your emergency fund safe, there are usually a handful of options: certificates of deposit, checking accounts, savings and money market accounts, and savings bonds.

Each has potential advantages and disadvantages.

Certificates of deposit

In general, it is not a good time to invest in CDs, Tumin said, as their prices are currently at an all-time low. If you invest now, you could set this rate for the long term.

That could lead to regrets if interest rates rise in the next year or two.

Note also with CDs: hard prepayment penalties. However, around a dozen online banks now offer CDs that won’t penalize you for withdrawing your money early, Tumin said.

As a result, it can be worth poking around.

“The only reason to get a CD would be if you could get significantly more than you can get for a savings account,” said Tumin.

Online accounts

High yield checking accounts

According to Tumin, around 1,200 US banks and credit unions currently offer high-yielding premium checking accounts.

More than 150 of them offer accounts that pay at least 3% interest on deposits of up to $ 10,000.

That exceeds the average savings account, which usually just earns 0.14% interest.

As with other accounts, these often come with some conditions, such as: B. Regular use of debit cards.

However, there are other potential benefits such as no monthly fee or 2% cashback on purchases up to $ 200 per month.

Savings bonds

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According to Tumin, investing in I-bonds offers a particular advantage in today’s environment, as these are inflation-indexed.

Unlike some other investments, I-bonds allow you to defer federal taxes on the money until you pay it back or until you reach their 30-year maturity.

There are some tradeoffs, however. One disadvantage is that you are limited in how much you can invest per year. Currently the limit is $ 10,000.

You also cannot redeem the money within the first 12 months of the issue date. If you withdraw the money within the first five years, you could lose interest for three months. However, that surpasses the prepayment penalties for some five-year CDs that can earn interest for at least six months, Tumin noted.

Do your due diligence

As the demand for higher interest rates increases, new startups are pushing into this market. It is therefore particularly important to know how your deposits are protected.

FDIC insurance generally covers up to $ 250,000 when your institution fails. But not all accounts and companies are covered.

For example, cryptocurrency savings accounts usually do not offer any protection.

“I would consider this a high risk and not a place for your money,” said Tumin.

Also, check to see if the company is working with one or more banks to hold your deposits.

“The most important thing is to stay with fintechs that only work with one bank,” said Tumin.

Some clients of a company called Beam Financial found this out the hard way when they struggled to access their deposits last year. The company that had a model that involved working with multiple banks ended up being closed by the Federal Trade Commission from the conduct of banking business.

The Bears have curiosity in Arlington, however how would the cash work?

Bears President and CEO Ted Phillips dropped a near-nuclear-sized bomb at the end of the team’s veteran minicamp Thursday and announced in a statement that the organization had made an offer to buy Arlington Park.

While Arlington Heights is a great city and could be a wonderful new home for the bears, this announcement is as close as Dwayne “The Rock” Johnson becomes the next President of the United States.

This season will be my 45th on the Bears Beat. Rumors of the construction of a Bears Stadium at the sight of Arlington Park have been around for almost as long as I have.

Officials at Churchill Downs Inc., the property owner, said it had “strong proposals from numerous parties” for the redevelopment of the route.

It’s not hard to figure out why the McCaskeys or other future owners of the Bears want to build their own stadium.

At $ 3.5 billion, the Bears are the NFL’s seventh most valuable franchise just a few weeks ago, according to Forbes magazine.

Among the top eight, the Patriots (second), Giants (third), Rams (fourth), Jets (sixth) and Washington (eighth) each have their own stadiums. The Cowboys (first) don’t own an AT&T stadium, but Jerry Jones is in control of operations and owns all kinds of real estate.

Only the 49ers (fifth) are tenants like the Bears, but they play in one of the league’s newest football palaces, which provides significant additional revenue streams.

I have no idea what the Arlington property is being sold for. For the sake of conversation, let’s say it’s in the range of $ 200 million, which is roughly the cost of rebuilding it after the 1985 fire.

The McCaskey family could probably swing that.

But the current rate for new NFL stadiums appears to be in the $ 2 billion range. The SoFi stadium in Los Angeles reportedly cost $ 2.2 billion (a $ 5 billion complex, but only $ 2.2 billion for the stadium portion). The Allegiant Stadium in Las Vegas reportedly cost $ 2 billion. Each has been completed in the past few years.

Stan Kroenke is the wealthiest owner in the NFL, so he only went to the cash register to pay for the Rams’ new playground.

But Raiders owner Marc Davis is one of the least wealthy owners in the NFL (no poor here folks) and he needed $ 750 million in public – read taxpayers – money from the city of Las Vegas and the state of Nevada and a $ 650 million loan from Bank of America to build the Raiders’ building.

I don’t know the McCaskeys ‘personal wealth, but it’s safe to say that they are closer to Davis’ neighborhood than to Kroenke.

According to Vox, more than $ 7 billion in tax dollars has been spent building NFL stadiums over the past 20 years.

Given the financial condition in Illinois, what are the chances that taxpayers will raise nickel on a stadium for the Bears? Not to mention that even if they got $ 750 million payday for the Raiders, would they still be looking for another $ 1.25 billion or so to quit the job?

Stranger things have happened, but we have no idea where the bears stand among the various bidders.

The most likely scenario here is, even if the bears are the winners, it would be to hold the property to add value to the franchise when it is eventually sold to someone who could afford a new stadium.

Reports continue to show that the team is not for sale.

Unless there’s a mysterious mega-bank, hedge fund, or potential real estate development partner out there who wants to pay the bill.

This is going to be a story for the foreseeable future and beyond, and I doubt even the McCaskeys know how it will turn out.

After all, it’s been a story for over 40 years and what has happened so far?

• Twitter: @Hub_Arkush

Jim Cramer says Yellen’s rate of interest feedback ‘spooked the market’

CNBC’s Jim Cramer put the decline back on Monday on news from the US Treasury chief.

On Sunday, secretary Janet Yellen told Bloomberg News that raise the interest rate would be positive for the country if the Biden government’s grand spending plans help set off some inflation in an expanding economy.

“The prospect of higher interest rates has scared the market,” said Cramer.Bad money“In response to the mixed meeting on Wall Street.

The Dow Jones industry average slipped 126 points, or 0.36%, to close at 34,630.24. The S&P 500 finished 0.08% lower at 4,226.52. The Nasdaq composite, however, was a winner, improving 0.49% to 13,881.72.

Yellen, a former chairman of the Federal Reserve, said Bloomberg President Joe Biden’s $ 4 trillion bailout could run to $ 400 billion a year, but argued that any surge in consumer prices would subside over the next year.

“It made salespeople [do] what is widely known as “hit bids,” “Cramer said, referring to when traders are willing to sell a stock below a buyer’s bid price.

That helped lower the steelmaker’s stock Nucor, one of the top S&P 500 winners this year. Nucor stock bounced back from its lows and closed at $ 107.37.

“Sellers overwhelmed buyers, beating all bids” to an intraday low of $ 105.51, down from $ 110 last week, Cramer said.

“I think it’s a fabulous buying opportunity. Nucor has had several years of doing well when the [business] Cycle gets going, “he said.” But the stock closed more than 1%, which put me in an opposition camp. “

State medical health insurance pool for colleges might lower your expenses, has bipartisan curiosity | Native Information

“Hopefully there are several options,” said Wieske. “The result would be problematic if they only had one carrier.”

Wieske said he did the study for CTA strategies in Madison, led by Andrew Hysell, who refused to say who paid for it. Hysell said he had worked on education policy with a focus on rural schools and raised money from the insurance industry and public education organizations.

Savings by district

According to the study, the Milwaukee School District would save the most at $ 23 million excluding HSA employer contributions, followed by Green Bay at $ 15.1 million and Fond du Lac at $ 8.2 million.

The Madison School District would save $ 1.9 million, a much lower amount per person, likely because the district is already doing relatively good business in Dane County’s highly competitive HMO market, Wieske said. La Crosse district would lose $ 2.2 million and Kenosha would lose $ 9.2 million, also because they now have relatively low costs, Wieske said.

The budget panel rejects Scott Walker’s auto insurance plan and finds other savings

Without employer HSA contributions, McFarland District would save $ 434,000, Middleton-Cross Plains $ 1.4 million, Monona Grove $ 964,000, Oregon $ 1.2 million, Sun Prairie $ 2.5 million, Verona $ 388,000, and Waunakee 1 $ 2 million, the study says.

Fox Company Assertion on Authorized Dispute with Flutter Leisure Regarding FOX’s Proper to Purchase an 18.6% Fairness Curiosity in FanDuel

NEW YORK–() – Fox Corporation (Nasdaq: FOXA, FOX) today released the following response to media reports regarding its litigation with Flutter Entertainment plc (“Flutter”):

Fox Corporation has filed a lawsuit against Flutter to enforce its rights to acquire an 18.6% stake in FanDuel Group – an American sports betting brand – at the same price that Flutter paid for that stake in December 2020. The lawsuit was previously filed as arbitration by JAMS in New York, NY with the consent of the parties.

About Fox Corporation

Fox Corporation produces and distributes compelling news, sports and entertainment content through its well-known brands including FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations. These brands have cultural significance for consumers and commercial significance for retailers and advertisers. The breadth and depth of our presence enables us to deliver content that engages and informs audiences, build deeper customer relationships, and create more compelling product offerings. FOX can look back on an impressive track record in the news, sports and entertainment industries, which shapes our strategy of leveraging existing strengths and investing in new initiatives. For more information about Fox Corporation, visit www.FoxCorporation.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “will”, “should”, “likely”, “anticipate”, “expect”. “Intentions,” “plans,” “projects,” “beliefs,” “estimates,” “prospects” and similar expressions are used to identify these forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to uncertainties and changes in circumstances. Actual results may differ materially from those expressed in the statements in this press release due to changes in economic, business, competitive, technological, strategic and / or regulatory factors and other factors that affect the Company’s business, including the effects of COVID-19 and other widespread health emergencies or pandemics and measures taken to contain their spread. More detailed information about these factors can be found in the company’s filings or on file with the Securities and Exchange Commission (the “SEC”), including the company’s annual report on Form 10-K for the year ended June 30, 2020 .

Statements in this press release speak only as of the date of its publication, and the company undertakes no obligation to update or revise any forward-looking statements in this press release or to report any events or circumstances after that press release or to reflect the occurrence of unexpected events or to address such statements Adjust actual results or changes in company expectations, unless required by law.

How is the Leisure Business Serving to to Spark Individuals’s Curiosity in House Journey?

What used to be a science fiction topic is now a reality. Humanity is expanding its boundaries and venturing into space more often than ever before. There are currently numerous exciting missions with the Arrival of the Perseverance Rover on Mars a milestone in the history of NASA.

There will be innumerable missions over the next fifty years, all of which will surpass the previous one. Because of this, the need to spark people’s interest in space has never been greater. One of the best ways to do this is through the entertainment industry.

Place on television

Space has been pretty well represented on television in recent years. Netflix in particular was keen to create a range of offerings that focused on interplanetary matters.

One of the most notable high-budget series is Space Force, a sitcom directed by Steve Carrell and Greg Daniels. It first aired in 2020 and has had ten episodes so far.

It has an all-star cast with Carrel and John Malkovich, and this was enough to make sure it was renewed for a second season. In terms of critical success, the feedback was mixed.

The blockbuster style special effects were appreciated But most of the reviews said it wasn’t funny. Hopefully Space Force can take off in year two.

Lost in Space is another new Netflix title that had a warmer response. This reinterpretation of the 1965 series of the same name was first discontinued in 2018, and has had two seasons so far. It has been extended for a third and final installment, which will air in 2021.

This is probably one of the best ways to spark people’s desire for space exploration, as the series is an adventure into the vastness of the universe. It helps to remind the viewer of the vast expanse that exists outside the Earth’s atmosphere.

Place in gaming

Space has been an extremely popular topic for game developers since the beginning of gaming. Some of the classic arcade machines that emerged in the 1980s focused on space exploration, with Space Invaders being one of the most popular options. There have been a few games lately that have helped spark people’s interest in interplanetary travel.

The slots genre is arguably the best place to find a wealth of space-themed content. Space Bucks, Adventures in Orbit, and Star Slots are three of the free ones Online casino games recommended by VegasSlotsOnline.

In addition to other genres, there are numerous other options to choose from in Sci-Fi. Once players find a game they like, they simply need to click the link to be taken to a site where they can play it. Online slots offer endless opportunities to get excited about space. Avid gamers can also view details of popular providers and mobile gaming information.

No Man’s Sky is another game that recently helped players understand the sheer size of the universe.

Hello Games’ adventure offering is one of the most ambitious titles ever created as it allows players to visit an almost unlimited number of planets. This is because it uses a procedural generation system that can create 18 trillion possibilities. The game continues to update to keep players busy.

For cell phones, recent space-themed games to appeal to a wide audience include Star Traders: Frontier, Galaxy On Fire 2, and NOVA Legacy. It is clear that the games industry is doing a lot to help people get interested in space.

Space in the film

There have been a large number of iconic films in space, and the exploration of the earth continues to be a frequent source of inspiration for filmmakers. Some of the greatest space deals of all time include the Alien franchise, launched by Ridley Scott in 1979, and Stanley Kubrick’s 2001: A Space Odyssey (1968).

Some notable current titles set in the outer reaches of the solar system are Alfonso Cuaron’s Gravity in 2013 and Christopher Nolan’s Interstellar in 2014.

Both films managed to give viewers a sense of isolation and wonder that can be found in the vastness of space. Now that humanity is approaching Mars, it can be assumed that more films about this phenomenon will be released soon.

It is fair to say that the entertainment industry is doing a lot to stimulate public interest in space travel. Space themes have been ubiquitous in games, television, and film for several decades and will continue to be a popular draw for viewers.

Cash myths: Bank cards, paying off balances, avoiding curiosity and saving

CHICAGO (WLS) – Are you making the right choice when it comes to choosing and using a credit card – or money in general? The I-Team reveals, according to a recent poll of “money myths” Loan tree.

Myth number 1:

Almost half (45%) of Americans believe that having some credit on their credit card will improve their credit score! The truth is, it has the potential to hurt you!

Myth number 2:

Thirty percent of people thought it was bad to use a credit card and it was better to use cash or a debit card to make payments. However, there is nothing wrong with using a credit card when you are withdrawing funds and avoiding interest.

In fact, using a credit card can provide the greatest protection when you need to contest a charge.

Myth number 3:

More than 20% of Americans believe that you don’t have to start saving for retirement until after you are 40 years old. However, experts say you should get to work right away, even if it is a small amount.

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