18 Dec

Three big mistakes Americans keep making with their money

first_img 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Americans are having a much better time managing their money than they did a few years ago, but it turns out some bad habits are hard to break.According to a new report, many people still struggle with key financial practices, such as saving for long-term goals or managing their debt loads, said Gerri Walsh, president of the FINRA Investor Education Foundation, which issued the report. The study polled more than 27,500 Americans across the country on the way they use credit, save for goals and make other financial decisions. The foundation conducts this study every three years.Here’s a look at some of the major blunders consumers are still making when it comes to their finances. See how you stack up:Costly mistakes with credit cardsWhen it comes to credit cards, 11 percent of consumers said they used them for a cash advance in 2015, almost unchanged from the 13 percent who did so in 2009. The advances, which typically incur high interest charges as soon as the advance is issued, can be pricier than regular credit card purchases, for which interest charges can be avoided. continue reading »last_img read more

17 Dec

Alexa, how fast will voice recognition impact credit unions?

first_imgOne of the coolest new technologies to hit the marketplace is voice recognition software. The popularity of voice-activated digital assistants, such as Amazon’s Alexa, have hit a new high as consumers are buying into the convenience of this new technology. Interactive speakers in conjunction with Bluetooth technology allow these devices to perform certain tasks, or “skills,” with the issue of a simple voice command. These digital assistants are becoming more mainstream as consumers have begun incorporating them into their daily household routines, enjoying the ability to do everything from ordering groceries, playing music and dimming the lights, all from a voice command. We are left to wonder what other ‘magic’ will these devices soon be able to perform? Is it reasonable to expect to see these capabilities extend into the financial services arena with voice recognition for credit unions? The answer is yes, and its already happening, as a handful of credit unions have recently begun to explore these capabilities.Development in the area of the voice-commanded technology is still emerging, and Amazon predicts rapid growth of its own Alexa products to continue through 2025, selling more than 70 million smart speakers alone. In keeping up with this popularity, new skills are continually being added to Alexa’s repertoire, with 15,000 skills being available as of July 2017. However, of those 15,000, only a handful are financial services in nature, proving that while managing your accounts using voice recognition software has its potential benefits and conveniences, the popularity of it has still yet to catch on. Even the most savvy and early adopters of technology pause at yelling out their PIN number across the room. With the risk of compromising vital financial information or opening themselves up to fraud or identity theft, it will most likely be a while before many fully embrace this technology. However as tech advancements continue and voice recognition software is perfected, the potential for credit unions to venture down this path is undoubtedly there. 28SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

19 Oct

Travel quarantine rules relaxed for top sports events in England

first_imgParticipants in major upcoming sports events in England will be exempt from travel quarantine rules, Britain’s Culture Secretary has said.The British government announced on Friday that it would end the 14-day coronavirus quarantine for people arriving in England from more than 50 countries, including Germany, France, Spain and Italy – but not the United States.Yet Culture Secretary Oliver Dowden said new rules will allow exemptions for people involved in sport as well as film and television production. “Sporting authorities, event organizers and the screen industry will need to follow Government COVID secure guidance and put in place stringent protocols to ensure that they have a minimal impact on public health,” the Department of Culture, Media and Sport said in a statement.”Exempted individuals will live and work in controlled “bubbled” environments behind closed doors.”The steps will help events such as the British Grand Prix at Silverstone, with the track staging two Formula One races this year on Aug. 2 and 9.The exemptions, along with the creation of ‘corridors’ for a number of countries, will also ease the way for cricket and golf and should allow Manchester City to host their Champions League last-16 home leg against Real Madrid in August.The World Snooker Championships, major darts, horse racing and other sporting events should also be positively impacted.Dowden said: “I’m very pleased that we’ve agreed exemptions from border health measures for a limited number of athletes and events staff, which means the British summer of sport is back on.”  Topics :last_img read more

28 Sep

USACE Contract for Stantec-Jacobs

first_imgStantec and Jacobs, operating as the Galveston Coastal Services Joint Venture, has been selected by the U.S. Army Corps of Engineers, Galveston District, to design a 26.7-mile-long levee and floodwall system along the coastline near Galveston, Texas. The eight-year, $1.9 billion construction effort, known as the Orange County Coastal Storm Risk Management (Orange), will increase the area’s preparedness to respond to natural disasters and disturbances.According to their official release, the scheme will also increase resistance to long-term impacts due to climate change – including sea level rise, land subsidence, increased frequency of abnormally heavy rainfall events, and regional drought.Orange consists of seven design packages for coastal storm risk management from the edge of the Sabine and Neches River floodplains to the vicinity of Orangefield, Texas.The project will include:15.6 miles of new levees,10.7 miles of new concrete floodwalls and gates,7 new pump stations to mitigate interior flooding during surge events,453 acres of marsh restored through a mitigation plan, and560 acres of forested wetlands preserved.Also encompassing navigable sector gates to reduce surge penetration, this project is one of many coastal storm risk management measures for the region designed to combat these increasingly frequent historical storm conditions.last_img read more

21 Sep

Martinez asks for patience

first_img Saturday’s trip to face Norwich at Carrow Road will be the Toffees’ first competitive match for more than 11 years without David Moyes at the helm. Martinez has been hugely complimentary about the job done by now Manchester United boss Moyes and his team, but he is keen to put his stamp on the club. He said: “I love watching football full stop. I thought it was a good game. They are big events, every time that you play for a trophy. “You always follow former clubs with a special feeling and you want them to do well. You can’t be too neutral. And when they do well you feel part of it, the same as a fan.” While success at the DW Stadium was staying in the Premier League, the demands at Goodison Park are much higher, although financially Everton cannot compete with the biggest clubs. Martinez thinks his experiences at Wigan will stand him in good stead, saying: “It doesn’t matter if you’re fighting to get a top position in the table or to avoid relegation, every game matters, so it’s not a real different feeling. “But embracing the challenge of being at a big club like Everton in terms of the expectations, understanding the responsibility and the history that we bring with our name, that is a very exciting part of the position that I’m in.” Martinez signed three players who were with him at Wigan last season, and goalkeeper Joel Robles and striker Arouna Kone should be in the squad but defender Antolin Alcaraz is sidelined with a hamstring problem. Winger Magaye Gueye and full-back Tony Hibbert are also out, although the latter is set to resume training on Monday, while midfielder Darron Gibson is 50/50 after straining a knee ligament against Betis. Martinez is excited to get stuck into the season proper, although he is disappointed his first match will not be at home. He praised the summer recruitment of Norwich boss Chris Hughton, who has added Gary Hooper, former Everton target Leroy Fer, Martin Olsson, Nathan Redmond and Ricky van Wolfswinkel to his squad. Martinez said: “You always hope for a home start. That allows you to settle in and straight away you want to be comfortable playing at home. As it is we’ve got a difficult game at Carrow Road. “I do feel this Norwich side probably is the best that’s it’s been in the Premier League. They’ve kept a very good core of players but they added really well. We do expect a really tough fixture.” The Spaniard knows the luxury of time is something rarely afforded to football managers, but he hopes Everton supporters will see what he is trying to achieve. Martinez said: “Any period where you want to change things, that’s going to take a little bit of time. I’m trying to get to know what the fans want and look through the DNA of Everton, and that’s important for me. “I think we are very good at things but to achieve things you need to be outstanding at something and that takes time. When you’re trying to take that next step, the changes need to be difficult to achieve, otherwise you will never get the benefit. “It’s just having the patience and the togetherness of understanding the period we’re going through, but at the same time being able to enjoy it and making sure we’re still competitive and winning football games while that happens.” Whatever happens at Goodison Park this season, it is unlikely Martinez will experience the same extremes of emotion as during his final campaign at Wigan. Three days after leading the club he used to play for to FA Cup glory, Martinez watched on as they were relegated following defeat to Arsenal. Wigan, now managed by Owen Coyle, were back at Wembley last Sunday for the Community Shield, which they lost 2-0 against Manchester United. Martinez was unable to watch it live because Everton were playing Real Betis, but recorded it and admitted he feels a similar way about the Latics to a fan. Roberto Martinez has asked Everton’s fans for patience as he prepares to lead the team for the first time in the Barclays Premier League. Press Associationlast_img read more

21 Sep

Fans group hail pricing initiative

first_img “While we respect the right of clubs to choose options which suit their individual circumstances, we believe there is room for clubs to work more closely to try to charge a fair amount rather than discounting very small amounts on match tickets in isolation. “We are delighted to have reached an agreement with two of the first clubs we spoke to – West Bromwich Albion and Swansea City – and we applaud them for taking part. “As prices indicated last season, fans of some clubs continue to pay far more than those of others and we hope this initiative will lead to a fairer system which can ultimately benefit all supporters.” The Magpies have agreed reciprocal pricing agreements with the Baggies and the Swans for the games between the clubs this season which will see the cost of attending away matches reduced significantly, and are inviting more of their Barclays Premier League colleagues to follow suit. The Football Supporters’ Federation, which has campaigned for fairer pricing for fans following their respective teams to away matches, has praised the move. Chief executive Kevin Miles said: “The FSF is delighted to welcome the announcement by Newcastle United of their offer of a reciprocal pricing agreement for tickets for away fans at Premier League fixtures. “This is a significant breakthrough in turning the concept of affordable prices for away fans into a reality, and Newcastle United, West Bromwich Albion and Swansea City are to be commended for taking a lead in this area. “We would urge all other Premier League clubs to follow the lead of these clubs, both by taking up this offer and by extending similar arrangements to other fixtures too.” Under Newcastle’s agreement with West Brom, away fans at St James’ Park on November 30 and the Hawthorns on New Year’s Day will pay just £15 for adults and £5 for concessions, a saving of £24 on last season for adult Magpies supporters and £11 for their Midlands counterparts. The two games between Newcastle and Swansea – at the Liberty Stadium on December 4 and St James’ Park on April 19 – will cost £20 for adults and £5 for concessions, a saving of £15 for those travelling to South Wales last season and £10 for those who headed in the opposite direction. The Premier League’s recently launched Away Fans Fund is an attempt to stem falling away attendances, with all 20 top flight clubs now ring-fencing £200,000 each per season over the next three seasons to assist travelling supporters. Newcastle’s finance director John Irving said: “Newcastle United plays a hugely important role in the lives of supporters and in the community which surrounds it, so keeping football affordable continues to be a key priority for us. “Ticket prices are too expensive generally across the Premier League and we believe the right way to encourage people to attend, and to therefore fill stadiums as the Away Fans Fund intends, is to look at charging reasonable prices. Fans have welcomed an initiative by Newcastle, West Brom and Swansea to slash the price of tickets for travelling supporters. Press Associationlast_img read more

12 Aug

Big win comes at a big price for Steelers

first_imgIke Taylor  is helped off the field by team members during the second half of an NFL football game against the Carolina Panthers in Charlotte, N.C., Sunday, Sept. 21, 2014. (AP Photo/Mike McCarn)PITTSBURGH (AP) – Troy Polamalu and Ike Taylor have been playing alongside each other for a dozen years, a union even longer than Polamalu’s marriage.Fate dealt the cornerstones of the Pittsburgh Steelers secondary an unwanted separation.Taylor underwent surgery Monday to repair the right forearm he broke in the third quarter of Sunday night’s 37-19 win over Carolina, the most serious of a handful of injuries that tempered some of the joy of a dominant performance.“I’m deeply affected by it,” Polamalu said. “But he’s tough and I know he’ll be back.”Just not anytime soon.The Steelers (2-1) also lost linebackers Ryan Shazier and Jarvis Jones in the third quarter. Shazier sprained the MCL in his right knee when linebacker Lawrence Timmons accidentally collided with the rookie at the end of a play. Jones went to the locker room with a busted wrist moments after causing a fumble by Carolina quarterback Cam Newton that swung the momentum permanently in Pittsburgh’s favor.Shazier spent Monday walking around with his right leg in a brace, while Jones had his wrist evaluated. Neither injury is expected to be season ending. Taylor’s situation is far more precarious, a stunning development for a player who has missed just seven games since 2003.“It’s a shock because Ike never gets hurt,” cornerback Cortez Allen said. “He’s the most durable guy I know.”One of grittiest too. While some of Taylor’s teammates dropped to a knee upon seeing his arm dangling after a freak collision with Timmons while the two tried to complete a tackle, Taylor turned to the sideline and told nickelback William Gay to get ready.“He gave us that look when he left the field, like, ‘You all better win this game, because I broke my arm for you,’” Gay said.The substitutes more than held their own. The Steelers led 16-3 when Taylor disappeared into the tunnel. An hour later they were walking off the field with their most impressive road win in four years.Gay moved outside to take over for Taylor. Sean Spence completed his remarkable recovery from a gruesome knee injury two years ago to fill in capably for Shazier, while Arthur Moats was a disruptive force with Jones out.“As a competitor, you want to go in there when the game is heated like that and it’s still a meaningful game,” said Moats, signed in the offseason after spending the first four years of his career in Buffalo. “Going in there at blowout time, it’s cool, but it’s great when you’re actually in there when you’re scratching and clawing for every inch.”Not that the game stayed close for long. After going eight quarters without reaching the end zone, the Steelers crossed the goal line four times over the final 26 minutes. Jones’ forced fumble was the first turnover created by Pittsburgh this season. The special teams added the second when Shamarko Thomas blew up Carolina punt returner Corey Brown early in the fourth quarter and Robert Golden fell on the loose ball for a score that made it 30-13.That was more than enough on a night running backs Le’Veon Bell and LeGarrette Blount each topped 100 yards rushing – the first time two Steelers have done it in the same game since 1986. The Steelers hardly looked like the team that was overwhelmed in a loss to Baltimore in Week 2.The reality of the injuries, however, set in less than 24 hours later. Instead of cutting up his teammates in a meeting room, Taylor began the day in the hospital. Shazier spent the afternoon getting treatment and a pep talk from Spence, whose career nearly ended in the final game of the 2012 preseason when he tore two ligaments and suffered nerve damage in his left knee when it gruesomely buckled.Shazier will return. So will Jones. Taylor’s outlook is cloudier. The 34-year-old took a significant pay cut to come back for a 12th season. He’d already ceded his role as the team’s shutdown corner to Allen this fall. Replacing Taylor’s onfield leadership, however, is another matter.“It’s a big void that has to be filled,” Allen said.___AP NFL website: www.pro32.ap.org and AP NFL Twitter feed: http://twitter.com/AP_NFLlast_img read more

3 Jan

Revealed! 36 most valuable teams in the world 2015, incl. MUFC, Arsenal, Chelsea and Man City

first_img Joint 27. St Louis Cardinals. Value: $1.4 billion – to find out which sports teams are even more valuable, click the arrow above! Joint 29. Green Bay Packers. Value: $1.38 billion – to find out which sports teams are even more valuable, click the arrow above! 36 4. Barcelona. Value: $3.16 billion 36 American business magazine Forbes has released its 2015 list of the world’s most valuable sports clubs. Using a calculated ‘enterprise value’ (equity plus debt), Forbes’ figures reveal how much would be required to buy each club.The calculations reveal just how valuable American sports teams remain, while showing which football clubs are financial behemoths.Take a look at the top 36 by clicking the arrows above, right. 36 36 19. Philadelphia Eagles. Value: $1.75 billion 36 36 36 Joint 2. Dallas Cowboys. Value: $3.2 billion 11. Bayern Munich. Value: $2.35 billion 36 36 36 36 Joint 24. Brooklyn Nets. Value: $1.5 billion – to find out which sports teams are even more valuable, click the arrow above! 36 36. Arsenal. Value: $1.31 billion – to find out which sports teams are even more valuable, click the arrow above! 36 35. Seattle Seahawks. Value: $1.33 billion – to find out which sports teams are even more valuable, click the arrow above! 36 1. Real Madrid. Value: $3.26 billion Joint 20. Chicago Bears. Value: $1.7 billion 36 26. Denver Broncos. Value: $1.45 billion – to find out which sports teams are even more valuable, click the arrow above! Joint 22. San Francisco 49ers. Value: $1.6 billion 36 36 Joint 32. Pittsburgh Steelers. Value: $1.35 billion – to find out which sports teams are even more valuable, click the arrow above! 36 36 36 Joint 17. New York Jets. Value: Value: $1.8 billion 36 Joint 6. LA Lakers. Value: $2.6 billion 36 36 Joint 17. Chicago Cubs. Value: $1.8 billion 36 Joint 27. Indianapolis Colts. Value: $1.4 billion – to find out which sports teams are even more valuable, click the arrow above! 36 The New York Knicks are one of the most valuable franchises in the world – The New York Knicks are one of the most valuable franchises in the world Joint 24. Baltimore Ravens. Value: $1.5 billion Joint 12. New York Giants. Value $2.1 billion 31. Chelsea. Value: $1.37 billion – to find out which sports teams are even more valuable, click the arrow above! 16. Houston Texans. Value: $1.85 billion 36 Joint 12. Boston Red Sox. Value: $2.1 billion 36 Joint 14. San Francisco Giants. Value: $2 billion 36 Joint 9. Washington Redskins. Value: $2.4 billion Joint 20. Boston Celtics. Value: $1.7 billion 5. Manchester United: Value: $3.1 billion 36 Joint 9. Los Angeles Dodgers. Value: $2.4 billion 36 36 36 Joint 6. New England Patriots. Value: $2.6 billion 36 Joint 14. Chicago Bulls. Value: $2 billion Joint 22. Los Angeles Clippers. Value: $1.6 billion Joint 32. New York Mets. Value: $1.35 billion – to find out which sports teams are even more valuable, click the arrow above! 36 Joint 2. New York Yankees. Value: $3.2 billion Joint 32. Ferrari. Value: $1.35 billion – to find out which sports teams are even more valuable, click the arrow above! 36 36 Joint 29. Manchester City. Value: $1.38 billion – to find out which sports teams are even more valuable, click the arrow above! last_img read more

17 Dec

A court win for co-op allows insurance patronage to continue

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Ty Higgins, Ohio Ag NetAfter a two-year court battle regarding the legality of it’s insurance patronage program, Sunrise Cooperative was given the green light to continue the process of making these payments, when available, to customer-owners as it has been for a decade.After the 2008 farm bill made insurance rebates illegal, Sunrise was grandfathered around the law as their insurance patronage was structured to be given to members who chose to use Lund & Smith Insurance Services, LLC (L&S) as their crop insurance provider. Sunrise owns one-third of L & S, so the payments were found to be justified.That is until 2016, when Sunrise was about to merge with TruPointe Cooperative. The United States Department of Agriculture’s (USDA) Risk Management Agency (RMA) had given notice to Sunrise that those insurance patronage payments would have to stop, since TruPointe was not grandfathered in to the aforementioned law and the addition of TruPointe would change the entity structure of Sunrise.“We looked at what merging with TruPointe and losing the insurance patronage would mean for our customer-owners and it would have been devastating,” said George Secor, President and CEO of Sunrise Cooperative. “At the same time, we looked at all of the benefits of the merger which added up to millions of dollars to a total of 7,000 customer-owners of what would be the new Sunrise Cooperative.”After legal counsel sat down with both the Sunrise and TruPointe Cooperative boards, the decision was made to move forward with the merger and at the same time defend the practice of divvying out insurance patronage.The first decision came down from a district court. That ruling was in favor of the RMA, noting that the 2008 farm bill “prohibits large, abrupt increases in the amount of premium-rebating that can occur when, as in this case, a non-grandfathered entity merges with a grandfathered entity.”Sunrise then took their case to the Sixth Circuit, where they made the argument that nothing about their entity changed after the merger with TruPointe and therefore the insurance patronage should be allowed.All three judges on the Sixth Circuit panel agreed with that assessment.“It took a lot of money, time and effort to defend this right for the customer-owners of Sunrise,” Secor said. “But it was definitely the right thing to do and at the end of the day we prevailed.”AUDIO: The Ohio Ag Net’s Ty Higgins visited with Sunrise Cooperative’s President and CEO George Secor about the court win and what it means for customer-owners. Audio Playerhttp://ocj.com/wp-content/uploads/2018/06/Sunrise-George-Secor.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.last_img read more

9 Dec

You Have One Set of Values

first_imgI received an email from a subscriber to my weekly newsletter. She was unhappy with something I’d written about my childhood, and she asked me to please limit my email newsletter to business-related topics. But there is no personal life and professional life. There is just life. You are who you are, wherever you are and whatever you are doing.You don’t have one set of values when it comes to business and a separate set of values when it comes to your personal life. But even if you did, it wouldn’t matter. Your real values would still be the lowest standard you set for yourself.If you wouldn’t dare steal in your personal life but you do steal at work, you are still a thief. The location as to where the theft occurs doesn’t change it’s nature (or yours).If you are rude to people and treat them poorly at work while being a prince at home, you are still a rude person. The fact that you are polite to some people doesn’t change the fact that you are rude to others.If you are a gossip at work it’s likely you are a gossip at home, too. But even if you didn’t gossip at home you’d still be a gossip.If you have a substance abuse problem that doesn’t prevent you from showing up to the office, you are a still a person with a substance abuse problem, even if you are highly functioning. Substance abuse may begin as a value issue, but addiction that comes later is an illness. You are still ill, whether at home or at work.What you do on your personal time is your business, but it doesn’t change your values. Your standards for yourself are yours and yours alone. You are who you are, wherever you are and whatever you are doing. Essential Reading! Get my first book: The Only Sale Guide You’ll Ever Need “The USA Today bestseller by the star sales speaker and author of The Sales Blog that reveals how all salespeople can attain huge sales success through strategies backed by extensive research and experience.” Buy Nowlast_img read more