MoneyWatch

Elon Musk threatens to ban Apple devices at his companies over its new OpenAI deal

Tesla CEO Elon Musk is threatening to ban his employees from taking Apple devices into their workplaces after Apple CEO Tim Cook announced a partnership on Monday to integrate OpenAI’s artificial intelligence technology into its operating systems. On Monday evening, Musk wrote on his social media platform X that adding OpenAI’s tech into Apple’s systems “is an unacceptable security violation.” …

Read More »

Chiquita funded Colombian terrorists for years. A jury now says the firm is liable for killings.

Chiquita Brands was ordered Monday by a Florida jury to pay $38.3 million to the families of eight people killed by a right-wing paramilitary group in Colombia, which the banana grower had funded for years during that country’s violent civil war. Chiquita had previously acknowledged funding the paramilitary group, pleadingguilty in 2007 after the U.S. Department of Justice charged the …

Read More »

Is long-term care insurance worth buying in your 40s? Experts weigh in

As you age, it’s normal to start thinking about retirement and the joys and challenges that come with it. If you’re in your 40s, it may be some time before you retire. But, planning for that time now can have its benefits. However, that involves more than simply deciding how much money you’ll save to maintain your current quality of …

Read More »

3 big reasons to get pet insurance this June

June and the warmer summer months come with the prospect of fun outdoors and a return to steady exercise for some pets. For pet owners, however, this June may also mark a smart time to improve their budgets with a robust and cost-effective pet insurance plan. With policies averaging less than $100 per month (often cheaper if paid annually), owners …

Read More »

How much interest would a $10,000 CD earn in 3 years?

Interest rates are high at the moment. And, that may be good news for savers. That is, as long as those savers make wise moves with their savings. One such move is to open a $10,000 three-year certificate of deposit (CD). That’s because CDs offer fixed returns for the entire term of the account. And, with today’s interest rates being …

Read More »

National Amusements ends Paramount merger talks with Skydance Media

Merger discussions between National Amusements, which controls Paramount Global, and Skydance Media have ended without a deal. The two companies “have not been able to reach mutually acceptable terms regarding the potential transaction with Skydance Media for the acquisition of a controlling stake in NAI,” National Amusements said in a statement to CBS News. The announcement ends months of speculation …

Read More »

Gas prices are falling along with demand, despite arrival of summer

Gas prices are falling across the nation, a pleasant surprise for U.S. drivers as fuel prices typically surge this time of year. The average price for regular unleaded gas in the U.S. was $3.44 per gallon on Monday, down roughly 9 cents from a week ago, according to AAA. That’s 19 cents less than a month ago and 14 cents …

Read More »

The Federal Reserve is about to make another interest rate decision. What are the odds of a cut?

With the Federal Reserve set to release its latest policy statement on Wednesday, inflation-weary consumers are eager to learn when the central bank might startcutting its benchmark interest rate, providing some relief from high borrowing costs. Unfortunately for consumers, the Fed is widely expected to keep rates steady amid stubbornly high inflation, which remains more than a percentage point above …

Read More »

FDA issues warning about paralytic shellfish poisoning. Heres what to know.

Before you dig into that platter of freshly shucked oysters or baked clams at your favorite seafood restaurant, better make sure you know from where the shellfish originated. The U.S. Food and Drug Administration is warning consumers to avoid eating shellfish from Oregon and Washington state because they may be contaminated with toxins that cause what’s known as paralytic shellfish …

Read More »

The best short-term CDs to open this June (up to 5.65% APY)

Taking on new debt is a costly endeavor right now. After all, the Federal Reserve’s benchmark rate is still paused at close to a two-decade high, so the interest rates on borrowing options, like personal loans and credit cards, are significantly higher than they were just a few years ago. So, it makes sense to try and avoid borrowing money …

Read More »