LeBron James to produce series called “Shut Up and Dribble”

BEVERLY HILLS, Calif. — LeBron James has yet to play a minute for the Los Angeles Lakers, yet the NBA superstar is already busy in Hollywood. James is behind the three-part documentary series, “Shut Up and Dribble,” announced Monday by Showtime. CBS Corporation is the parent company of Showtime. Set to debut in October, the same […]

Continue Reading

2 elderly men sneak out of nursing home to attend heavy metal festival

You’re never too old to rock on. Two elderly men managed to slip away from their nursing home in Germany to attend the Wacken Open Air, the largest heavy metal festival in the world, over the weekend, authorities said. According to Itzehoe police, the pair was eventually found Friday at 3 a.m. local time at […]

Continue Reading

The dangers of Treasury bonds yielding 3 percent

Markets have had plenty of reasons to be nervous in recent months. Arguably the biggest is that the 10-year Treasury yield has been flirting with the three-percent threshold.  Why the worry?   For one, the rise in interest rates paid on 10-year Treasury bonds reflects a worsening inflation picture. The New York Fed’s Underlying Inflation […]

Continue Reading

Interest rates on CDs are finally above 3%

Although the Federal Reserve has steadily increased interest rates, most savers have not been able to benefit. Traditional bricks-and-mortar banks have largely ignored the rate hikes. Bank of America, for instance, has barely increased its standard savings account rate to 0.03% from 0.01% over the last year, and it is hardly alone among major banks. There […]

Continue Reading