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Tax efficiency

Q. What does "tax efficiency" mean for a mutual fund? -- K.R., Dayton, Ohio
A. The tax efficiency of a mutual fund describes what portion of the fund's profits is taxable. A fund with a low rate of buying and selling will generate fewer (or smaller) taxable distributions of gains or losses to shareholders, and is said ... (full story)


What to know about the SAVE plan, the income-driven plan to repay student loans

NEW YORK (AP) — More than 75 million student loan borrowers have enrolled in the U.S. government's newest repayment plan since it launched in August.
President Joe Biden recently announced that he was canceling federal student loans for nearly 153,000 borrowers enrolled in the plan, known as the SAVE plan. Forgiveness was ... (full story)


Conditions inside Fukushima's melted nuclear reactors still unclear 13 years after disaster struck

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TOKYO (AP) — Japan on Monday, March 11, marked 13 years since a massive earthquake and tsunami hit the country's northern coasts. Nearly 20,000 people died, whole towns were wiped out and the Fukushima Daiichi nuclear power plant was destroyed, creating deep fears of radiation that linger today. As the nation observes the anni ... (full story)


Candy companies pitch gum as a stress reliever and concentration aid to revive stale US sales

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Candy companies want to know: What will make Americans start chewing gum again?
Gum's bubble burst during the COVID-19 pandemic, when masks and social distancing made bad breath less of a worry and fewer people spent on impulse buys. The number of packages of gum sold dropped by nearly a third in the United States in 2020, accor ... (full story)


Gird your loins! Jockstraps are still holding up after 150 years

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NEW YORK (AP) — Happy 150th birthday, dear jockstrap. How far you've come from your modest but mighty days of protecting the precious parts of bicycle messengers as they navigated the bumpy cobblestones of Boston.
Invented for that purpose in 1874 by C.F. Bennett, who worked for a company now known as Bike Athletic, the st ... (full story)