MMDAs Lag Behind as Money Markets Gain Steam
Banks face a slide in MMDA appeal as money market funds surge. Average MMDA yield stands around 2.45 percent, while funds jump to 4.14 percent. Experts urge careful review of fees, minimums, and check policies before investing.
MENTIONED IN THIS ARTICLE
Financial World
The
Times
Bank Money Market
Federal Reserve
Money Market Deposit
Mmdas
Money Funds
MMDA
Barik Rate Monitor
WES Canenge Money Fund
Ashland
Mass
Newsletter
Income Fund Outlook
Fort Lauderdale
Fla
Norman Fosback
Fosback
August income edges upward for Washington Americans
Americans saw income rise 0.4 percent in August marking the seventh straight gain while spending jumped 0.9 percent the most since February. Disposable income rose 0.5 percent as savings dipped to 3.8 percent. Government data show July income up 0.5 percent and spending up 0.3 percent revised from 0.2.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Forced overtime becomes new labor trend at GM Flint plant
Phyllis Coleman, a single mother and GM Flint worker, notes overtime strain as 11,500 unionized GM employees strike over longer hours. The trend spans industries as companies, rebounding from layoffs, push existing staff to work more to meet rising demand instead of hiring new workers.
MENTIONED IN THIS ARTICLE
Phyllis Coleman
Flint, Mich
Coleman
General Motors Corp
Netics
Cambridge, Mass
U.S
North American
Local market wrapup teased for Saturday Journal-World
Stocks of local interest are highlighted with a prompt to watch the complete market wrapup in Saturday's Journal-World. The note signals readers to look for a detailed report on local shares and market movement.
MENTIONED IN THIS ARTICLE
Journal-World
Midland and regional market quotes mixed across grains and livestock
Early morning market notes show Midland Elevator wheat at 3.84, corn 2.05, milo 3.28, soybeans 5.17 per bushel. Omaha livestock pages list hogs steady to firm with 230–260 lb 35.00, sows 24–30, cattle activity limited. St Joseph reports varied hog prices with several weight bands, and Dodge City notes quiet trade with 52,000 head week to date. Nonferrous metal prices in New York and domestic rates completed by Commerce Bank of Kansas City reflect general market tones today.
MENTIONED IN THIS ARTICLE
Midland
Omaha, New
USDA
Omaha
U.S
St. Joseph
St. Josepit
Dodge City
Kansas
Wkaneae
Cty
Kartsas
Garage Door Group plans phase II expansion in Lawrence
The Garage Door Group Inc. in East Hills Business Park gains city approval for a phase II expansion adding 76,000 square feet of manufacturing and 5,000 square feet of office space. RAM Company seeks 4.5 million in industrial revenue bonds and 50 percent tax abatements on 2.5 million in new equipment and expansion, aiming to hire 30 more workers as capacity grows. The City Commission will hold a public hearing on the requests.
MENTIONED IN THIS ARTICLE
Garage Door Group Inc
East Hills Business Park
Lawrence
Garage Door Group
The
RAM Company
Tom Welsh
Welsh
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Mitchell Marks
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Western Res
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Edward D. Jones & Ca
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New York
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15Th Street
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Antioch
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