The utility of switching lanes

by Felix Salmon @ Felix Salmon

Thu Apr 10 22:42:25 PDT 2014

If you look at subjective rather than objective measures, I'm pretty sure that all our lane switching will turn out to have a useful purpose after all: it makes us feel as though we're in control of our own destiny.

Jrue Holiday Scores First Triple-Double Of The Season

by @ www.rrdailyherald.com - RSS Results

Tue Mar 27 20:35:53 PDT 2018

Jrue Holiday (21 points, 11 assists, 11 rebounds) records his 1st triple-double of the seasonWhich players owned the night? Catch up on all the top individual performances around the league in the Top Performers series.Subscribe to the NBA: http://bit.ly/2rCglzYFor news,…

FBI, Yale team up for youth law enforcement academy

by Kent Pierce @ WTNH Connecticut News

Wed Mar 28 08:53:39 PDT 2018

Young people with an interest in law enforcement have the opportunity of a lifetime coming up, if they act now. The F.B.I. and the Yale Poli…

Successfully Plan for Holiday Shopping on a Budget [Downloadable Budget Sheet]

by Kara Vincent @ LRRCU

Wed Nov 15 04:02:02 PST 2017

‘Tis the season to be jolly! ‘Tis the season for the gifts, decorations, family, friends, and children on their best behavior. ‘Tis the season for overloaded shopping bags, impulse buying, and credit card bills. Wait! That doesn’t sound as cheery. In 2016, according to a survey conducted by The American Research Group Inc., Americans spent […]

The post Successfully Plan for Holiday Shopping on a Budget [Downloadable Budget Sheet] appeared first on LRRCU.

National Teach Children to Save Day

by rapid! PayCard @ rapid! PayCard

Mon Apr 24 07:00:35 PDT 2017

Like any company that provides technology to make life easier, we examine the millennial demographic. They are the population sector interested in options – from ways to communicate, to ways to bank. In their April 2016, article, Pew Research Center cited estimates by the U.S. Census Bureau that millennials have now “surpassed Baby Boomers as the nation’s largest living generation”. A powerful consumer force, the members of this group are working “real jobs” and building careers. They are open to alternatives. They also need them as they don’t typically comply with traditional banking methods. Per rapid! PayCard’s October 2016 article about banking options for millennials and the flexibility of getting... Read More

LOCAL ROUNDUP: MU men's golfers finish fifth in Hootie

by Missourian Staff @ www.rrdailyherald.com - RSS Results

Tue Mar 27 21:00:00 PDT 2018

Rory Franssen and Jamie Stewart were the top finishers for MU, tying for 14th at 3 under. Stewart carded a team-best 4-under 68 on Day 3.

Should Businesses Stop Accepting Cash?

by rapid! PayCard @ rapid! PayCard

Fri Aug 18 12:08:23 PDT 2017

Visa is paying out a jackpot to vendors willing to bet against old money, and roll the dice on cashless transactions. Visa will give $10,000 to 50 restaurants that pledge to go cashless. The new initiative, what Visa executive Jack Forestall calls “a journey to go cashless,” will incentivize vendors to rip off the bandaid of paper transactions and progress to a cashless system. The money can be used for marketing and updating point of sale technology to focus payment exclusively on credit and debit cards and electronic payment. Visa will select participating merchants in August. Cash remains the predominate method of payment, according to the Federal Reserve. A report... Read More

The most expensive lottery ticket in the world

by Felix Salmon @ Felix Salmon

Mon Apr 21 08:25:52 PDT 2014

The real winners are the happy and well-paid engineers, enjoying their lives and their youth while working for great companies like Google. In the world of startups, the only winning move is not to play.

PD: Man stabbed while breaking up fight in New Haven

by Alex Ceneviva, WTNH.com Staff @ WTNH Connecticut News

Wed Mar 28 08:36:17 PDT 2018

Police are investigating after a man was allegedly stabbed while breaking up a fight in New Haven on Tuesday night. 

Taking a page from European soccer, Redskins will add 'recovery center' to Ashburn facility

by By MICHAEL PHILLIPS Richmond Times-Dispatch @ www.rrdailyherald.com - RSS Results

Tue Mar 27 20:00:00 PDT 2018

ORLANDO, Fla. — In an attempt to cut down on the amount of time lost to injuries, the Washington Redskins are expanding their Ashburn headquarters to include a recovery center for players.

Mom arrested in deaths of baby, toddler found in car seats

by Associated Press @ WTNH Connecticut News

Wed Mar 28 04:29:13 PDT 2018

A 20-year-old mother was being held Tuesday on a $2 million bond on suspicion of first-degree murder after her two children were found dead …

Vladimir Guerrero Jr. Belts Electrifying Walk-Off Home Run in Montreal

by @ www.rrdailyherald.com - RSS Results

Tue Mar 27 21:13:54 PDT 2018

Vladimir Guerrero Jr. clobbers a dramatic walk-off home run in front of an enthusiastic Montreal crowd to lift the Blue Jays to a 1-0 win in their final Spring Training gameAbout Major League Baseball: Major League Baseball (MLB) is the…

How P2P Payment is Changing Personal Finance

by rapid! PayCard @ rapid! PayCard

Wed Sep 13 13:18:58 PDT 2017

Emerging Peer-to-peer payment technology is growing in popularity, and will soon make back-of-napkin IOUs obsolete. Peer-to-peer payment, also known as P2P payment, is online technology that allows users to transfer funds from a bank account or credit card via the internet or mobile phone. One study found that nearly a quarter of mobile users sent money to another person from an app in 2016 — this statistic nearly triples when it comes to the millennial generation. The growing trend of P2P payment is just another chapter in 21st century technological augmentation of traditional services. Whether it’s ridesharing, online shopping, or P2P payment, consumers are foregoing tradition, and choosing digital alternatives... Read More

Financing A New Home: Answering Homebuyer Questions

by Kara Vincent @ LRRCU

Mon Mar 12 07:40:38 PDT 2018

Finding the perfect new home can be hard work, but now you also have to navigate the mortgage financing process. There are many questions that arise when it comes to financing a new home. Below we’re answering four questions about financing a new home that homebuyers commonly ask. 1. Should I Be Pre-Qualified or Pre-Approved? […]

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PD: 26-year-old resident attacked and robbed in New Haven

by Rachel Borntrager, News 8 Intern @ WTNH Connecticut News

Wed Mar 28 09:06:44 PDT 2018

A 26-year-old New Haven resident was the victim of a robbery and assault Tuesday night, police say.

Sam McKewon's spring football prospectus: Special teams

by By Sam McKewon World-Herald staff writer @ www.rrdailyherald.com - RSS Results

Tue Mar 27 21:45:00 PDT 2018

Nebraska will be replacing its kicker, but returns punter Caleb Lightbourn and has plenty of options in the return game.

The problems of HFT, Joe Stiglitz edition

by Felix Salmon @ Felix Salmon

Tue Apr 15 17:04:25 PDT 2014

The most interesting and provocative thing to be written of late about financial innovation in general, and high-frequency trading in particular, comes from Joe Stiglitz.

Two arrests made in dramatic shoreline bust

by WTNH.com Staff @ WTNH Connecticut News

Tue Mar 27 19:12:54 PDT 2018

A dramatic shoreline drug bust happened in the middle of the afternoon on Tuesday. Police said two New London men led officers on a chase, c…

Sam McKewon's Nebraska spring football prospectus: Defensive backs

by By Sam McKewon World-Herald staff writer @ www.rrdailyherald.com - RSS Results

Tue Mar 27 21:45:00 PDT 2018

Nebraska’s defensive backs, just a few years ago, were among the best players on Nebraska’s roster. But it’s changed, in part because of a revolving door at the defensive backs coaching position. Travis Fisher is the latest guy in the…

Private equity math, Nuveen edition

by Felix Salmon @ Felix Salmon

Mon Apr 14 06:32:26 PDT 2014

If Madison Dearborn really is breaking even on this deal, that only goes to show the enormous disconnect between the economics of private equity companies — the wealthy rentiers of society — versus the economics of the real-world companies they buy and sell.

Getting Out of Debt: You Can Do It and Here’s How to Get Started

by Liz Oliver @ LRRCU

Thu Jan 18 03:41:02 PST 2018

Most goals or resolutions that people set for themselves are neglected within a few weeks. It’s likely that this happens because people set far-reaching goals for themselves and then lose momentum when they don’t see results right away. A perfect example of this is the financial goal that many people set for themselves: getting out […]

The post Getting Out of Debt: You Can Do It and Here’s How to Get Started appeared first on LRRCU.

Connecticut police officer charged with driving drunk

by Associated Press @ WTNH Connecticut News

Wed Mar 28 07:21:35 PDT 2018

A Bridgeport police officer who's a member of the department's SWAT team is facing a drunken driving charge in connection with a head-on cra…

Ex-attorney accused of embezzling over $400,000 from clients

by Associated Press @ WTNH Connecticut News

Wed Mar 28 09:59:05 PDT 2018

A former lawyer and judge insists he didn't steal more than $400,000 from a pair of clients.

It’s time payment systems caught up with the demands of the gig economy

by rapid! PayCard @ rapid! PayCard

Tue Feb 13 16:10:28 PST 2018

Is your payment system ready for the gig economy or are you just a big wannabe? According to a Forbes article, 35 percent of the workforce have a gig, and collectively they earned $1 trillion from ad hoc work last year. But, freelance workers, who have come to expect payment as instantaneous as their work, are turning their noses up at outdated companies that can’t keep up. If you’re still mailing checks, might as well be using the Pony Express as far as tech-savvy gig workers are concerned. We are on the precipice of a major sea change, and the traditional employment model is quickly becoming as outdated as the... Read More

Why every business should consider switching to electronic payroll

by rapid! PayCard @ rapid! PayCard

Thu Oct 05 05:37:57 PDT 2017

Due to advancements in technology, utilizing payroll checks is becoming an outdated form of payment. Automated payment through direct deposit saves time and money, enhances security1, 2 and can make payday easy for employers and employees. Yet, resistance to modern banking solutions like direct deposit and paycards prevent many businesses from progressing in the 21st century. Paycard technology is growing in popularity, and as the benefits of switching to electronic payroll compound,  it becomes more difficult for businesses to avoid trying out alternative payment methods such as the rapid! PayCard. Still not convinced? Here are 3 reasons why paycheck holdouts are making the switch to a more convenient, modern, and... Read More

rapid! PayCard Green Dot Announcement

by rapid! PayCard @ rapid! PayCard

Tue Jan 31 14:03:14 PST 2017

Green Dot to Acquire UniRush, LLC, Operating Company for RushCard and Rapid! PayCard Transaction Expected to Generate Significant Strategic and Financial Synergies PASADENA, Calif.–(BUSINESS WIRE)–Green Dot Corporation (NYSE:GDOT) today announced that it has entered into an agreement to acquire UniRush, LLC, and its operating businesses RushCard, a leading online direct-to-consumer general purpose reloadable prepaid card provider, and Rapid! PayCard, a leading corporate payroll card provider. The acquisition, which maps to “Step Five” of Green Dot’s “Six Step Plan” to enhance shareholder value, materially expands Green Dot’s scale with the addition of the RushCard and Rapid! PayCard installed customer bases, while establishing Green Dot as a formidable player in the growing... Read More

Safe Online Banking: For You & Your Money

by Kara Vincent @ LRRCU

Mon Mar 26 13:44:22 PDT 2018

From 24/7 account access to quick and easy bill paying, online banking offers members a convenient way to handle their finances. However, the rise of technology also brings an increase in potential hackers, scams, and fraud cases. Whether you’re looking to shield your small business or family’s finances, there are many strategies to stay vigilant […]

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Mayor Mark Boughton holds news conference with doctors

by Mark Davis, News 8 Chief Capitol Correspondent @ WTNH Connecticut News

Wed Mar 28 08:14:58 PDT 2018

Mayor Mark Boughton is having a news conference with his doctors and inviting all questions.

Battle In NOLA: AD vs Dame

by @ www.rrdailyherald.com - RSS Results

Tue Mar 27 20:21:25 PDT 2018

Check out the best plays from New Orleans Pelicans' big man Anthony Davis duels it out with Portland Trail Blazers' floor general Damian LillardNBA Duels showcase ONLY THE BEST head-to-head matchups from the around the Association, past or present.Subscribe to…

The Piketty pessimist

by Felix Salmon @ Felix Salmon

Fri Apr 25 13:08:03 PDT 2014

Her syllogism runs something like this: -Capitalism has survived this far because it delivered strong, widely-shared growth. -If capitalism fails to continue to deliver strong, widely-shared growth, then it will fail and die. -Thanks in part to Piketty, the leaders of the major western democracies — both the politicians and the plutocrats — now understand this. -Therefore, they will, of necessity and of self-interest, alter the structure of society to preserve (what’s left of) the middle classes. ... Piketty’s rather French idea of a global wealth tax isn’t getting nearly the same amount of acclaim as the rest of the book is, and is very unlikely to happen: countries will always compete with each other to attract the stateless rich by not taxing them.

Newfound ‘organ’ could be the biggest in your body

by CNN @ WTNH Connecticut News

Wed Mar 28 09:57:16 PDT 2018

To be or not to be an organ: That is the question.

Apple Pay Cash is Now Live — How Does it Work?

by rapid! PayCard @ rapid! PayCard

Tue Feb 13 15:11:25 PST 2018

Learn everything you need to know about the new Apple P2P payment system That one friend, the one who still hasn’t repaid you for pizza because he “doesn’t have the right app,” is in trouble. Today, iPhone users can access what experts in the tech industry are calling “the Venmo Killer”: Apple Pay Cash. Apple Pay cash is a P2P payment service which allows users to send and receive payment through iMessage The days of P2P fragmentation are over. Thanks to Apple Pay Cash, all money transfers can take place through a central, default iOS application, and ultimately unify all P2P transactions under one secure, and intuitive, system. How to... Read More

1 injured in New Haven shooting

by Matt Dillane, WTNH.com Staff @ WTNH Connecticut News

Wed Mar 28 08:52:08 PDT 2018

One person is injured after a shooting in New Haven late Wednesday morning.

Holiday Shopping Tips for Your Spending Personality

by Kara Vincent @ LRRCU

Mon Nov 20 10:19:45 PST 2017

Although 41% of consumers report starting their holiday shopping in October or even earlier (Wow! Good for you!), an estimated 69% of Americans will shop over the Thanksgiving weekend. Early research from the National Retail Federation shows that the 2017 season will be a big deal, with holiday spending forecasted to be near $680 billion, up almost 4% […]

The post Holiday Shopping Tips for Your Spending Personality appeared first on LRRCU.

Your Guide to Direct Deposit During the Holidays

by rapid! PayCard @ rapid! PayCard

Thu Nov 16 05:07:27 PST 2017

The holiday season is around the corner, which for some means eggnog and lights on display, but for others it means payroll delays. Automated payment through direct deposit is proven to be more efficient, secure and cost-effective than paper checks. Still, there are a few considerations to keep in mind when switching over to electronic payment — especially around the holidays. The holiday season is a double-edged sword: it’s likely the most expensive time of the year, but is also full of banking holidays which can affect the timeliness of direct deposit. Here’s why. What is the ACH and why does it matter? The Automated Clearing House is an electronic... Read More

How To Be Financially Smart At Any Age

by Kara Vincent @ LRRCU

Thu Aug 31 08:18:27 PDT 2017

  As you go through the stages of life what it means to be “financially smart” will change. A smart financial move when you’re approaching your 40s is not the same as a smart financial move for a 19-year-old in college. At 40, there are more things to consider when making decisions about your money, […]

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Are You Ready for Retirement?: Essential Information on IRAs and 401(k)s

by Kara Vincent @ LRRCU

Tue Aug 22 03:05:44 PDT 2017

While you’re young, you may not be thinking about saving for retirement. You’re probably more focused on paying off student loan debt, searching for a job, or buying a house. But, starting to save for your financial future early will only benefit you in the long run. Start your retirement planning as early as you can. Think […]

The post Are You Ready for Retirement?: Essential Information on IRAs and 401(k)s appeared first on LRRCU.

Do You Know About the 2017 Tax Filing Extension?

by Liz Oliver @ LRRCU

Thu Mar 15 02:14:14 PDT 2018

The date April 15 is probably as quickly recognizable to most Americans as July 4 or December 25. Traditionally recognized as Tax Day, it’s the deadline for filing your previous year’s tax return.  With one month to go, you may be feeling the pressure and scrambling to get the task completed in the remaining days.  But […]

The post Do You Know About the 2017 Tax Filing Extension? appeared first on LRRCU.

Five explanations for Greece’s bond yield

by Felix Salmon @ Felix Salmon

Fri Apr 11 11:19:22 PDT 2014

If you're a bond investor, there's a surprisingly large number of ways that you could end up making money after buying Greek debt at these yields.

Wonkonomics

by Felix Salmon @ Felix Salmon

Wed Apr 09 04:51:59 PDT 2014

Klein had the right idea: do something at arm's length first, and then let the technology and ethos trickle back to the mothership. Because if you try to build something new within the mothership, it's often liable to get suffocated.

Dog Gone Problems: After the Fourth of July, our dog is afraid of walks in the dark

by By David Codr @ www.rrdailyherald.com - RSS Results

Tue Mar 27 22:00:00 PDT 2018

Ever since the Fourth of July, 1-year-old Labrador has been afraid to go out for a walk in the morning when it's dark.

Police: Dead boyfriend suspected in model’s killing

by Associated Press @ WTNH Connecticut News

Wed Mar 28 04:59:40 PDT 2018

Detectives believe an aspiring model and actress from Macedonia who had been missing for more than a month was killed and dumped in a shallo…

PD: 2 elderly residents found dead in Hamden home

by Jennifer Walsh, WTNH.com Staff @ WTNH Connecticut News

Wed Mar 28 04:18:12 PDT 2018

Hamden police are investigating after two elderly resident were found dead inside a home on Tuesday.

Yes, the SEC was colluding with banks on CDO prosecutions

by Felix Salmon @ Felix Salmon

Wed Apr 09 16:23:47 PDT 2014

Back in 2011, I asked whether the SEC was colluding with banks on CDO prosecutions. And now, thanks to an American Lawyer Freedom of Information Request, we have the answer: yes, they were.

Post Felix

by Shane Ferro @ Felix Salmon

Fri Apr 25 13:20:52 PDT 2014

Today is Felix’s last day at Reuters. Counterparties may have been the brainchild of Felix and the recently departed Ryan McCarthy, but the blog, site, newsletter, and Twitter feed will continue to exist in their absence. It will be run by Ben Walsh and Shane Ferro, with some non-trivial amount of snark.

Store Credit Cards, Balance Transfers & More: Make the Smart Money Decision

by Liz Oliver @ LRRCU

Fri Oct 13 08:55:31 PDT 2017

Every day we’re faced with making decisions about our money. What feels like a smart money choice in the moment may have repercussions in the future. You might be tempted to save money on a purchase now only to have your credit score suffer.  You might choose to delay payments on a big ticket item […]

The post Store Credit Cards, Balance Transfers & More: Make the Smart Money Decision appeared first on LRRCU.

Schedule a Check-up for Your Financial Life

by rapid! PayCard @ rapid! PayCard

Fri May 05 09:13:33 PDT 2017

Most of us are diligent about maintaining the various aspects of our life. We swap out the batteries on our smoke detectors with regularity; we schedule annual physicals, and get our car’s oil changed based on the manufacturer’s mileage recommendation. Still, many of us tend to take better care of our cars than we do our financial life. The irony being, an un-tended financial life can break down just as assuredly as an under-serviced automobile. It can run out of gas, but it can also seize up and need a roadside tow. In short, a well-examined financial life is worth exploring. 1. Schedule. Set a recurring point in time for... Read More

4 Financial Resolutions To Start Any Day of the Year [Downloadable Family Budget Worksheet]

by Kara Vincent @ LRRCU

Thu Dec 28 00:09:30 PST 2017

Who says resolutions have to start on New Year’s Day?  Get yourself started whatever day you feel inspired.  Here are few important financial goals that you can begin whether it’s January 1, August 1 or a random Tuesday in November. #1: Look at the Financial Big Picture – Use Our Family Budget Worksheet You feel […]

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The growing gig economy, and what that means for electronic payment

by rapid! PayCard @ rapid! PayCard

Fri Aug 04 11:09:31 PDT 2017

Millions of Americans have jobs with little security, no benefits and irregular pay — and they love it. The gig economy is a booming business model that has changed the way employees make money. Gig work translates entrepreneurial spirit into earnings with no strings attached — whether that is to break into a new field, earn extra income for saving and investment, or make some weekend spending money. Nearly a third of the working population have a gig, according to Investopedia. Either as a primary means of income, or as a supplementary job, gigs allow flexibility in employment for a generation characterized by adaptability. This model is especially attractive to... Read More

Retailers crack down on ‘habitual returners’

by WTNH.com staff @ WTNH Connecticut News

Wed Mar 28 08:35:07 PDT 2018

Some of the nation's biggest retailers are cracking down on people who make it a habit of buying things and then returning them to the store…