Latest news with #Gainbridge
Fox Sports
2 days ago
- Automotive
- Fox Sports
Red-Hot Kyle Kirkwood Can Round Out Resume at Road America
INDYCAR Kyle Kirkwood checked a major personal box last weekend at World Wide Technology Raceway by earning his first victory on an oval in the NTT INDYCAR SERIES. An opportunity to check another box comes Sunday at Road America. To be considered an all-around standout in the series presenting the most diverse set of venue challenges, a driver should excel on street circuits, road courses and oval tracks. Kirkwood has won races at the first two; only a road course win has eluded him – so far. SEE: Event Details Kirkwood is one of 14 drivers scheduled to compete in this weekend's XPEL Grand Prix at Road America Presented by AMR that have won races in this series. Ten of those have won races on all three types of circuits, with series points leader Alex Palou the most recent to join the club with his oval victory in the Indianapolis 500 presented by Gainbridge. Hitting for INDYCAR's cycle is important to Kirkwood, who prior to conquering WWTR had only won on street circuits (four times). '(Last weekend's victory) puts a stamp down a little bit more like, 'Hey, this kid might actually be able to contend for a championship and do things,'' the Andretti Global driver said at WWTR. 'Everybody knows you've got to be diverse in this series. You've got to win at multiple circuits. You've got to win at multiple venues. Whether it's a short oval, long oval, street course, road course, whatever it might be, you've got to win at all of them.' The other active drivers with series wins on all three types of circuits are Scott Dixon, Marcus Ericsson, Colton Herta, Scott McLaughlin, Josef Newgarden, Pato O'Ward, Palou, Will Power, Graham Rahal and Alexander Rossi. McLaughlin and Herta joined the group last year with oval victories. Kirkwood's pursuit of the INDYCAR Triple Crown is just one of the many storylines to watch in this weekend's race (Sunday, 1:30 p.m. ET, FOX, FOX Deportes, FOX Sports app, INDYCAR Radio Network). Can Palou Get Back on Track? Palou salvaged an eighth-place finish in last weekend's Bommarito Automotive Group 500 presented by Axalta and Valvoline to somewhat mitigate the points damage created by Kirkwood and O'Ward – his two closest challengers for the season title – finishing first and second, respectively. While Palou's finishes of 25th and eighth in races held this month have allowed some slippage in his points lead, he is still in a commanding position. He leads O'Ward by 73 points and Kirkwood by 75 points, both amounts more than the equivalent of a single race. Nine races remain. Palou should feel confident in his ability to bounce back. The next two races are on road courses where he has combined to win three times and earn a pole (last year at the Mid-Ohio Sports Car Course). His wins in 2023 at Road America and Mid-Ohio were part of a three-race winning streak. Palou Among Six Road America Winners Unlike last week when there were only three active drivers had won races at WWTR, twice as many drivers will roll into Road America as past winners. Power (2014, 2024), Dixon (2017, 2020), Newgarden (2018, 2022) and Palou (2021, 2023) lead the way with two wins each at the 14-turn, 4.014-mile road course. Rossi (2019) and Felix Rosenqvist (2020) each have one win on the circuit. INDY NXT by Firestone has been racing at the facility since 2016. Among the current INDYCAR SERIES drivers who won races in that series at Road America are Herta (2018), Rinus VeeKay (2019), Kirkwood (2021), David Malukas (2021), Christian Rasmussen (2022) and Nolan Siegel (2023). So, yeah, a lot of drivers know where victory lane is located. Team Penske Swept Last Year's Competitive Race Last year, Roger Penske's three drivers became the first trio in four years to occupy all three steps on the same podium when Power, Newgarden and McLaughlin did so at Road America. Prior to that, Andretti Global went 1-2-3 at Mid-Ohio in 2020 with Herta, Rossi and Ryan Hunter-Reay. While Team Penske walked away with top honors a year ago, the 55-lap race was statistically one of the track's most balanced. Seven drivers exchanged the lead 13 times, both records for the event. Power's victory pushed him to the series lead, which now is noteworthy. No one other than Palou has led the standings after the races since then. Teams Relatively Even With Hybrid Wins The NTT INDYCAR SERIES is soon to celebrate the one-year anniversary of using hybrid technology, and there has been team parity aplenty in that span. Team Penske, Chip Ganassi Racing and Andretti Global each have won five times in the 17 races in the hybrid has been used. Arrow McLaren has won twice. As with most categories over the past year, Palou leads all drivers in hybrid wins with five, Kirkwood has three such wins. Four drivers have won twice (McLaughlin, Power, O'Ward and Herta). Newgarden has won one. Hybrid technology made its debut last July at Mid-Ohio. O'Ward won that race. Road America's Schedule After a two-day show at WWTR, INDYCAR's traditional three-day weekend is back in play at Road America. Friday's practice at 4:30 p.m. ET will be live on FS2, the FOX Sports app and the INDYCAR Radio Network. Saturday, the televised action shifts to FS1 with the second practice at 11 a.m. ET followed by qualifying for the NTT P1 Award at 2:30 p.m. ET. Ahead of Sunday's race on FOX and FOX Deportes is the morning warmup at 10 a.m. on FS1. recommended
Fox Sports
4 days ago
- Automotive
- Fox Sports
Power Rankings: Marcus Armstrong, Christian Rasmussen Jump In
INDYCAR The recent stretch in the NTT INDYCAR SERIES showcased the full range of the sport's diversity with four races on four distinct track types. Each tested driver skills and team strategies, which led to some shake-ups in the Power Rankings since early May. The Sonsio Grand Prix on the 2.439-mile, 14-turn Indianapolis Motor Speedway natural road course on May 10 kicked off the stretch on a track favoring technical road course specialists. The 109th Running of the Indianapolis 500 presented by Gainbridge on May 25 on the 2.5-mile IMS superspeedway oval is the crown jewel of the series, demanding high-speed precision and pit strategy. Next was the Chevrolet Detroit Grand Prix presented by Lear, a tight, unforgiving street course with little margin for error June 1. Finally, last Sunday's Bommarito Automotive Group 500 presented by Axalta and Valvoline at World Wide Technology Raceway emphasized short-track handling with strategic adjustments on the 1.25-mile oval. Through it all, Alex Palou, Kyle Kirkwood and Pato O'Ward emerged as the consistent top three performers, anchoring Power Rankings amid the shake-ups beneath them. Their ability to perform across disciplines has been astiff test Palou, Kirkwood and O'Ward have passed, as they stayed in the top three spots in the Power Rankings this week ahead of the XPEL Grand Prix at Road America Presented by AMR on Sunday, June 22 (1:30 p.m. ET, FOX, FOX Sports app and INDYCAR Radio Network). But there are two new faces in the rankings based on their strong performances at WWTR: ↑10. Christian Rasmussen (No. 21 ECR Splenda Chevrolet; Last Rank: NR) Rasmussen came from the back to the front twice at WWTR after starting 25th, earning a career-best third-place finish. He has two top-six finishes in the last three races. ↑9. Marcus Armstrong (No. 66 SiriusXM/Root Insurance Honda; Last Rank: NR) Armstrong catapulted to 10th in points following his third top-10 finish in the last four races by crossing the finish line ninth at WWTR. He was the top Honda-powered qualifier at WWTR by starting sixth. ↔8. David Malukas (No. 4 Clarience Technologies Chevrolet; Last Rank: 8) Malukas hasn't delivered headline results in the last two races, but a closer look reveals a driver performing at an elite level, just without the final box score to match. Malukas qualified second in Detroit and was positioned for a second straight top-five finish before an avoidable contact penalty left him 14th at the checkered flag. He qualified fourth at WWTR and led a race-high 67 laps. He was in serious contention for the win before brushing the Turn 4 SAFER Barrier on Lap 195, leaving him 12th. Still, the speed is undeniable, and a runner-up finish in the Indy 500, the biggest stage in the series, cemented Malukas' ability to perform up front. ↓7. Will Power (No. 12 Verizon Team Penske Chevrolet; Last Rank: 4) Power's season has been a roller coaster, flashing brilliance offset by costly setbacks. He was involved in a first-lap crash in the St. Petersburg season opener, finishing 26th. Power started 33rd in the '500' and managed to claw up to 16th, but still not the kind of result that matches Power's championship-winning pedigree. At WWTR, Power earned NTT P1 Award honors but crashed early in Turn 4, finishing last. Outside of those three trouble spots, Power has five top-six finishes, a clear indication that when things go right, he's still among the best in the series. ↑6. Scott Dixon (No. 9 PNC Bank Chip Ganassi Racing Honda; Last Rank: 10) Dixon was on the verge of dropping out of the Power Rankings but finished fourth at WWTR for his third top-five finish of the season. The six-time series champion delivered another solid result, even when the raw speed isn't always there. He's fifth in points and remains a master in execution of various fuel-saving strategies. ↔5. Christian Lundgaard (No. 7 Arrow McLaren Chevrolet; Last Rank: 5) Lundgaard slipped at WWTR by finishing 14th, but his overall body of work keeps him firmly in the Power Rankings and championship conversation. The Dane is fourth in points and had six top-eight finishes in the seven races before WWTR, including three straight podiums at The Thermal Club INDYCAR Grand Prix, the Acura Grand Prix of Long Beach and a runner-up at Barber Motorsports Park. The bigger picture proves he's not just a sneaky talent but a legitimate threat for victory at each race. ↑4. Santino Ferrucci (No. 14 Bommarito Automotive Group; Last Rank: 7) Ferrucci is riding a wave of momentum that's making him one of the hottest NTT INDYCAR SERIES drivers. He's pieced together three consecutive top-five finishes that no one on the grid can match heading to Road America. A week after Ferrucci earned his best-career finish by crossing the finish line second in Detroit, he charged from 19th to finish fifth at WWTR. ↔3. Pato O'Ward (No. 5 Arrow McLaren Chevrolet; Last Rank: 3) O'Ward is on a heater, and it's not just flashes of brilliance anymore. He's sustained high-level execution across all types of tracks. O'Ward finished runner-up to Kirkwood on Sunday night at WWTR, his second runner-up finish in the last four races and third of the season. He also finished second to Palou at The Thermal Club and the Sonsio Grand Prix. Since the Children's of Alabama Indy Grand Prix presented by AmFirst in early May at Barber Motorsports Park, O'Ward has a fourth-place average finish, with a worst result of seventh on the streets of Detroit. He has three top-three finishes in the last four races and is second in points, 73 behind Palou. ↔2. Kyle Kirkwood (No. 27 Siemens Honda; Last Rank: 2) Kirkwood proved he's not just a one-dimensional street course specialist by claiming his first oval win Sunday night at WWTR. His previous four victories each took place on street circuits. However, Kirkwood has achieved three of those five wins this season, including two straight. He has four top-five finishes this season and six top-10 results. The Andretti Global driver is third in points, trailing Palou by 75. Palou and Kirkwood have combined to win all eight races this season. ↔1. Alex Palou (No. 10 Ridgeline Chip Ganassi Racing Honda; Last Rank: 1) Palou began 2025 with five wins and a runner-up finish in six races. However, he slipped the last two races, finishing 25th on the streets of Detroit and eighth at WWTR. Still, Palou has outperformed everyone this season, and barring a third straight finish outside the top five, his top spot isn't seriously threatened. recommended
Yahoo
4 days ago
- Business
- Yahoo
Best CD rates today, June 17, 2025 (Lock in up to 4.2% APY)
The Federal Reserve lowered the federal funds three times in 2024. As a result, deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. CDs today typically offer rates significantly higher than traditional savings accounts. As of June, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% APY. Today, the highest CD rate 5.5% APY, offered by Gainbridge® on its 5-year CD. There is a $5000 minimum opening deposit required. The following is a look at some of the best CD rates available today from our verified partners. This embedded content is not available in your region. The 2000s were marked by the dot-com bubble and later, the global financial crisis of 2008. Though the early 2000s saw relatively higher CD rates, they began to fall as the economy slowed and the Federal Reserve cut its target rate to stimulate growth. By 2009, in the aftermath of the financial crisis, the average one-year CD paid around 1% APY, with five-year CDs at less than 2% APY. The trend of falling CD rates continued into the 2010s, especially after the Great Recession of 2007-2009. The Fed's policies to stimulate the economy (in particular, its decision to keep its benchmark interest rate near zero) led banks to offer very low rates on CDs. By 2013, average rates on 6-month CDs fell to about 0.1% APY, while 5-year CDs returned an average of 0.8% APY. However, things changed between 2015 and 2018, when the Fed started gradually increasing rates again. At this point, there was a slight improvement in CD rates as the economy expanded, marking the end of nearly a decade of ultra-low rates. However, the onset of the COVID-19 pandemic in early 2020 led to emergency rate cuts by the Fed, causing CD rates to fall to new record lows. The situation reversed following the pandemic as inflation began to spiral out of control. This prompted the Fed to hike rates 11 times between March 2022 and July 2023. In turn, this led to higher rates on loans and higher APYs on savings products, including CDs. Fast forward to September 2024 — the Fed finally decided to start cutting the federal funds rate after it determined that inflation was essentially under control. Today, we're beginning to see CD rates come down from their peak. Even so, CD rates remain high by historical standards. Take a look at how CD rates have changed since 2009: Traditionally, longer-term CDs have offered higher interest rates compared to shorter-term CDs. This is because locking in money for a longer period typically carries more risk (namely, missing out on higher rates in the future), which banks compensate for with higher rates. However, this pattern doesn't necessarily hold today; the highest average CD rate is for a 12-month term. This indicates a flattening or inversion of the yield curve, which can happen in uncertain economic times or when investors expect future interest rates to decline. Read more: Short- or long-term CD: Which is best for you? When opening a CD, choosing one with a high APY is just one piece of the puzzle. There are other factors that can impact whether a particular CD is best for your needs and your overall return. Consider the following when choosing a CD: Your goals: Decide how long you're willing to lock away your funds. CDs come with fixed terms, and withdrawing your money before the term ends can result in penalties. Common terms range from a few months up to several years. The right term for you depends on when you anticipate needing access to your money. Type of financial institution: Rates can vary significantly among financial institutions. Don't just check with your current bank; research CD rates from online banks, local banks, and credit unions. Online banks, in particular, often offer higher interest rates than traditional brick-and-mortar banks because they have lower overhead costs. However, make sure any online bank you consider is FDIC-insured (or NCUA-insured for credit unions). Account terms: Beyond the interest rate, understand the terms of the CD, including the maturity date and withdrawal penalties. Also, check if there's a minimum deposit requirement and if so, that fits your budget. Inflation: While CDs can offer safe, fixed returns, they might not always keep pace with inflation, especially for longer terms. Consider this when deciding on the term and amount to invest.
Newsweek
5 days ago
- Entertainment
- Newsweek
PGA Tour Pro Emphatically Answers Caitlin Clark's U.S. Open Question
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. It looks like global basketball superstar Caitlin Clark was among the millions who watched the final round of the US Open. At the very least, she certainly noticed the tough playing conditions at Oakmont Country Club. During the weather-related suspension, Clark took to her X account, which has 530,000 followers, to give her take about the course. "Is Oakmont even fun to play? I'd shoot 130 easily," she posted. Is Oakmont even fun to play? 😂😂 I'd shoot 130 easily 😂 — Caitlin Clark (@CaitlinClark22) June 15, 2025 Her playful commentary received over 2.4 million views and more than 800 responses, including one from PGA Tour winner Michael Kim, who happened to be among those who played four rounds at Oakmont this weekend. "Promise you it's not 'fun,'" he answered. There's no doubt that Oakmont didn't give Kim much leeway. The 31-year-old finished tied for 50th place, shooting 14-over par. It's not a coincidence that Caitlin Clark was following the US Open, as her connection with golf is widely known. While she's not trading her sneakers for spikes anytime soon, Clark's participation in golf events has showcased her enthusiasm for the sport. Last year, Clark played in the Pro-Am event of the LPGA's The Annika Drive by Gainbridge, an event hosted by golf legend Annika Sorenstam. She shared the course with Nelly Korda*, the World No. 1-ranked female golfer, in a round that highlighted their mutual admiration. During that event, Korda praised Clark's influence on women's sports, admitting that Clark's rise in basketball had even sparked her own interest in the game. Professional basketball player Caitlin Clark looks to play her shot from the 6th tee prior to The ANNIKA driven by Gainbridge at Pelican 2024 at Pelican Golf Club on November 13, 2024 in Belleair, Florida.... Professional basketball player Caitlin Clark looks to play her shot from the 6th tee prior to The ANNIKA driven by Gainbridge at Pelican 2024 at Pelican Golf Club on November 13, 2024 in Belleair, Florida. MoreThis was not the first time Clark played a high-profile Pro-Am event, as she has also participated in the Pro-Am of the John Deere Classic and the RSM Classic. Clark's golf skills are still a work in progress, but she certainly has the game in her. Images of her swing show up from time to time on social media, giving the fans a glimpse of her golfing potential. Beyond the playing part of the game, Clark's involvement in golf extends to her role as a Gainbridge ambassador, aligning her with icons like Sorenstam and Billie Jean King. Her presence at golf events not only bridges the gap between basketball and golf but also amplifies the visibility of female athletes across different sports. Clark may not be eyeing a professional golf career, but her enthusiasm for the game and her ability to bring fans along for the ride make her a valuable figure in the broader sports landscape. More Golf: JJ Spaun's immediate epic reaction to winning U.S. Open
Yahoo
6 days ago
- Business
- Yahoo
Best CD rates today, June 15, 2025 (lock in up to 5.5% APY)
Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and help your balance grow. However, rates vary widely across financial institutions, so it's important to ensure you're getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. Historically, longer-term CDs offered higher interest rates than shorter-term CDs. Generally, this is because banks would pay better rates to encourage savers to keep their money on deposit longer. However, in today's economic climate, the opposite is true. As of today, the highest CD rate is 5.5% APY, offered by Gainbridge on its 5-year CD. There is a $1000 minimum opening deposit required. Here is a look at some of the best CD rates available today from our verified partners: This embedded content is not available in your region. The amount of interest you can earn from a CD depends on the annual percentage rate (APY). This is a measure of your total earnings after one year when considering the base interest rate and how often interest compounds (CD interest typically compounds daily or monthly). Say you invest $1,000 in a one-year CD with 1.81% APY, and interest compounds monthly. At the end of that year, your balance would grow to $1,018.25 — your initial $1,000 deposit, plus $18.25 in interest. Now let's say you choose a one-year CD that offers 4% APY instead. In this case, your balance would grow to $1,040.74 over the same period, which includes $40.74 in interest. The more you deposit in a CD, the more you stand to earn. If we took our same example of a one-year CD at 4% APY, but deposit $10,000, your total balance when the CD matures would be $10,407.42, meaning you'd earn $407.42 in interest. Read more: What is a good CD rate? When choosing a CD, the interest rate is usually top of mind. However, the rate isn't the only factor you should consider. There are several types of CDs that offer different benefits, though you may need to accept a slightly lower interest rate in exchange for more flexibility. Here's a look at some of the common types of CDs you can consider beyond traditional CDs: Bump-up CD: This type of CD allows you to request a higher interest rate if your bank's rates go up during the account's term. However, you're usually allowed to "bump up" your rate just once. No-penalty CD: Also known as a liquid CD, type of CD gives you the option to withdraw your funds before maturity without paying a penalty. Jumbo CD: These CDs require a higher minimum deposit (usually $100,000 or more), and often offer higher interest rate in return. In today's CD rate environment, however, the difference between traditional and jumbo CD rates may not be much. Brokered CD: As the name suggests, these CDs are purchased through a brokerage rather than directly from a bank. Brokered CDs can sometimes offer higher rates or more flexible terms, but they also carry more risk and might not be FDIC-insured. This embedded content is not available in your region.
