Connect with us

CBS News

How to avoid ticket scams during concert and holiday show season

Avatar

Published

on


How to avoid ticket scams during concert and holiday show season – CBS News


Watch CBS News



Americans lost over $2.3 million to online ticket scams this year, according to the FBI. Lucas Gutterman from U.S. Public Interest Research Group shares tips to protect yourself.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

CBS News

QVC recalls 1.1 million pairs of oven gloves after more than 90 people burned

Avatar

Published

on


QVC is recalling 1.1 million pairs of oven gloves because the products pose a burn hazard, the live shopping entertainment company said in a notice posted on Thursday by the Consumer Product Safety Commission.

The recall involves Temp-tations Oven Gloves imported from China and sold by West Chester, Pennsylvania-based QVC in single pairs, sets of two and in sets with drying mats or trivets. 

step1image1.png
Image of Recalled Temp-tations Oven Gloves, which were sold by QVC between August 2018 and August 2024.

QVC


QVC received 162 reports of insufficient heat protection, including 92 reports of minor burns involving the product. The item was sold on QVC.com, televised QVC shows and QVC digital shopping platforms from August 2018 through August 2024. 

The gloves sold for between about $4 and $13 a pair and in bundled sets with other kitchen items for between $14 and $26 a set.

People who purchased the oven gloves should stop using them and contact QVC for a refund. The company can be reached at 888-770-7119 from 8:30 a.m. to 6 p.m. Eastern Time Monday through Friday or online at this online recall page.

step1image2.png
Imaged of recalled oven gloves.

QVC Inc.


Founded in 1986, QVC has retail operations in the U.S., the U.K, Germany, Japan and Italy. The company reaches more than 200 million homes around the globe through 13 TV channels. The brand is owned by Qurate Retail Inc., which also owns the HSN, formerly known as the Home Shopping Network, brand. 

HSN last year agreed to pay a $16 million fine for waiting years to disclose a dangerous defect in millions of clothes steamers despite getting reports of dozens of injuries and numerous customer complaints. 



Read the original article

Leave your vote

Continue Reading

CBS News

Police: Photos show unmasked person of interest in UnitedHealthcare CEO shooting

Avatar

Published

on


Police: Photos show unmasked person of interest in UnitedHealthcare CEO shooting – CBS News


Watch CBS News



The NYPD has released new photographs that they say show an unmasked person of interest related to Wednesday morning’s fatal shooting of UnitedHealthcare CEO Brian Thompson. CBS News correspondent Lilia Luciano has the latest.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

Continue Reading

CBS News

Should you open a long-term CD after your current account matures?

Avatar

Published

on


gettyimages-849242834.jpg
A long-term CD is one of the better ways to store your money once your current account matures.

Getty Images


In the interest rate climate of 2022 through much of 2024, the reasons for opening a certificate of deposit (CD) account were clear. An elevated interest rate combined with a fixed structure allowed savers to earn exponentially more on their money than they would have just a few years earlier. And many savers did, turning to these accounts to protect and grow their funds in an inflationary environment. This led to some savers being able to earn thousands of dollars on their money.

For many, however, the maturity date of their current CD account is quickly approaching, possibly before the end of 2024. This leads to a series of questions about the next steps, mistakes to avoid and a pending decision about what other CD term may be worth opening after the current account matures. Right now, there’s a strong argument to be made for opening a long-term CD next. Below, we’ll explain why.

See how much you could be earning with today’s long-term CD rates here.

Should you open a long-term CD after your current account matures?

Each saver’s financial situation is different and, for some, the next step may be moving their funds into a high-yield savings account or a short-term CD after their current CD matures. For others, however, it can be worth opening a long-term CD instead. Here’s why:

Long-term protection: Long-term CD terms can last anywhere from 18 months to 10 years. That will offer significant, long-term protection for your money. That protection is particularly important to have now heading into 2025. Inflation just rose in October, interest rate cut predictions are uneven and other economic factors could all affect your investments and savings. Adding a layer of protection with a locked CD rate for the foreseeable future, then, makes sense for many.

Get started with a long-term CD here.

Predictable returns: Sure, high-yield savings account interest rates are a bit higher than long-term CDs right now (think 4.25% for a 2-year CD versus 4.85% for a high-yield account). But that high-yield savings account rate is variable and likely to change multiple times throughout those two years, making it impossible to predict your returns. And if rates continue to fall, so will the interest-earning capability of the account. Long-term CD interest, however, can be calculated with precision, which makes these accounts a key addition for savers otherwise subject to the volatility of the current rate climate.

Penalties discourage overspending: That elevated long-term CD interest rate won’t come without a personal investment on behalf of the saver. If you attempt to regain access to your funds before the maturity date, you’ll have to pay an early withdrawal penalty. And that can be steep on long-term accounts, as they often are calculated by how long the money has been accruing interest. Still, this isn’t necessarily a negative factor because penalties can discourage overspending, particularly during the holiday season and other times of the year when you tend to spend more than you should.

The bottom line

If your CD account is approaching it’s maturity date, or if you’re already in the CD grace period, then you’ll want to decide on what to do with the account funds relatively quickly. As the above reasons demonstrate, many savers may find it beneficial to move that money into a long-term CD now. Just be sure to pick the right CD term if you do in order to avoid paying any unnecessary early withdrawal penalties if you can’t keep the funds untouched for the full term.

Learn more about your current CD account options here.



Read the original article

Leave your vote

Continue Reading

Copyright © 2024 Breaking MN

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.