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Jul 8, 2014
via Reuters FYI

A limping dictator, the running of the bulls and everyone’s favorite musical

North Korean leader Kim Jong Un (C) visits the Kumsusan Palace of the Sun at midnight on Tuesday on the occasion of the 20th anniversary of the demise of President Kim Il Sung in this photo released by North Korea’s Korean Central News Agency (KCNA) in Pyongyang July 8, 2014.

North Korea’s supreme leader limps into the spotlight

North Korean leader Kim Jong Un had an unexplained limp in a televised ceremony to celebrate Un’s granfather, Kim Il Sung, who died 20 years ago.

Jul 7, 2014
via Reuters FYI

Baby Joanne, studying the risks of e-cigarettes and spitting cherry pits

A man uses an E-cigarette. REUTERS/CHRISTIAN HARTMANN

After hot dogs, we spit cherry pits

After the annual hot dog eating contest in New York, the record-holder for the longest distance one can spit a cherry pit held onto his title at the annual event in Michigan.

The vape gets in your eyes

The U.S. Food and Drug Administration has issued a series of research experiments to test e-cigarettes for health risks and their appeal to children.

Jun 23, 2014
via Reuters FYI

Of knights and men

Men dressed as knights pose for a photo during the Battle of the Nations World Championship tournament in Trogir, south Croatia, June 14, 2014. REUTERS/Antonio Bronic

Perfect day for a sail

Reuters’ Alex Smith climbs aboard Ben Ainslie’s yacht for a voyage around the Isle of Wight where they talk about the next big event the Olympic sailor is preparing for — The America’s Cup.

May 9, 2014
via Events

College football fans tackle player-union debate

Photo

“I just wiped tears from my eyes,” said Paul Elder, a fan who writes about Auburn University’s football team for a website called Track ‘Em Tigers. A clip from last year’s game-winning pass against the University of Georgia had just appeared on the jumbo screen at the school’s annual “A-Day” exhibition in April at Jordan-Hare Stadium. Elder is 65 and towers at six feet four inches tall. “It just brought me back to that moment when I was here to watch that play last year,” he said. “Moments like that are like a drug, you keep coming back for more.”

Many Auburn football fans, for whom following the team involves long drives, good barbecue and waiting for the nirvana of the gridiron, proudly say they are a “family.” The crowd at the spring game Elder recently attended hosted 70 thousand fans on a weekend that both overlapped with Easter and threatened to rain. They are also driving a business that is growing so fast, athletic regulating bodies can’t keep up.  Television contracts, ticket sales and wealthy booster donations place Auburn’s football program among the most lucrative in the nation.

Mar 13, 2013

Fewer workers tapping retirement nest egg for loans: study

NEW YORK (Reuters) – Fewer people tapped their workplace retirement accounts for temporary loans or “hardship” withdrawals last year, according to a study released Wednesday by WorldatWork and the American Benefits Institute.

The poll of some 500 companies about employee participation in workplace 401(k) plans found that loans increased in 37 percent of the companies, down from 49 percent of companies in 2008. A quarter of the companies polled said they saw an increase in hardship distributions from plans, down from 43 percent of companies that reported this in 2008.

Mar 12, 2013

Assets climb in 529 accounts, but few use them

NEW YORK (Reuters) – Assets in 529 plans climbed to nearly $200 billion in 2012, but the number of families drawing from their accounts to pay for college was just a fraction of the growing student population, according to a report on the plans released on Tuesday by the College Savings Plans Network.

Last year, 12 percent of 529 account holders took distributions to pay education bills, covering only about 6.6 percent of the total number of U.S. college students.

Feb 26, 2013

As college costs rise in US, parents fall short of saving goals

NEW YORK, Feb 26 (Reuters) – With rising U.S. college costs
and too many options, parents are saving less than they expected
for their children’s higher education.

American families are failing to reach their educational
goals as short-term budget needs and emergency savings take
priority in the household budget, according to “How America
Saves for College,” a closely watched study released Tuesday
from the education lender Sallie Mae.

Feb 21, 2013

Household debt falls sharply among younger Americans-study

NEW YORK, Feb 21 (Reuters) – The recession had a strong
impact on young Americans who saw the credit crisis up close:
they are taking on less credit card debt, delaying plans to buy
homes and owning fewer cars, according to a study released on
Thursday.

From 2007 to 2010, the median debt of U.S. households headed
by people aged 35 and younger fell by 29 percent – from $21,912
to $15,473 – while debt of older Americans fell by just 8
percent, to $30,070, according to a Pew Research Center study
titled “Young Adults After the Recession.”

Feb 7, 2013

Advice for the new anti-retirees

7 (Reuters) – We’ve all said it, or at least
we’ve heard it: the claim, made either happily or wearily, that
we are never going to retire.

“I’m going to work forever” can signify worry about scant
savings or it can point to true job love. Whatever the reasons,
a lot of people are saying it, and a growing number of workers
mean it. Roughly 62 percent of baby boomers say they intend to
delay retirement, up from 42 percent two years ago, according to
figures released last week by the Conference Board, an
independent business research organization.

Jan 9, 2013

Is 2013 the year to cut the cable cord?

New York (Reuters) – Like many people paying bills in January, Brad Hill is thinking of eliminating household cable service. “It is an active discussion in my house,” he says. Hill, a freelance writer and former vice president of audience development at AOL, still pays the $128 monthly fee to his Time Warner Cable provider in part so his wife can continue watching one of her favorite channels – HGTV.

This year might be the one in which more people ask: How much am I paying for all these channels, anyway? And why? With the growth of broadband streaming video and its pay-per-show approach, the idea of paying $50 to $150 a month for 1,000 plus channels via a neighborhood cable provider is no longer a slam dunk.