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There are options when it comes to getting a car. You can lease or buy, and now, you can get a car subscription.Luxury car makers like BMW, Jaguar, and Cadillac offer subscription services to their high-end cars, but it’s set you back a couple thousand. That’s why Ford is offering a more affordable service with used vehicles."You're going to be looking at around 0 monthly subscription cost, but that's inclusive of the vehicle the driving insurance your maintenance,” explains Allison Braley with Canvas, Ford’s subscription service. “You don't have to worry about out-of-pocket maintenance costs. There's no down payment." Braley says it's an all-inclusive bundle, unlike with a lease. Many subscription services don’t' have a down payment or require car insurance. "A lease is great solution for people who know what kind of car they want for two to three years or more,” Braley says. Through subscriptions, you pay a fee to swap out a car. For example, when winter comes around and you want to trade in your sedan for an SUV, with Canvas you pay a fee to swap cars. FiveCentNickel.com says, on average, a car owner will spend ,200 a year on maintenance. If your car breaks down or needs an oil change, most subscription services will pay for out of pocket maintenance. Subscription services are great if you want convenience, flexibility and a lifestyle where you change vehicle often.However, convenience often comes with a price. If you’re on a budget, financial expert Jonathan Duong says it may not be worth it. 1572
There will not be a 2020 Minor League Baseball season.After having the start of the season delayed due to the spread of COVID-19, Minor League Baseball officials announced on Tuesday a decision to cancel the season.In 2019, Minor League Baseball attracted 41.5 million fans to ballparks across North America. The teams are supplemented by professional players signed by MLB squads, and are paid a much smaller salary than their big league counterparts. While MLB has decided to push forward with a shortened season starting July 23, Minor League Baseball’s revenue model would have made it impractical for a 2020 season given most of its revenue comes from gate attendance, concessions and merchandise, compared to MLB which sees a sizable revenue stream from TV.Even though the majority of Minor League Baseball players will not play in 2020, MLB teams have formed “taxi squads” of their top minor league players. The taxi squads will provide big league rosters with players ready to be called up in case of an injury at the MLB level."These are unprecedented times for our country and our organization as this is the first time in our history that we've had a summer without Minor League Baseball played," said Minor League Baseball President & CEO Pat O'Conner. "While this is a sad day for many, this announcement removes the uncertainty surrounding the 2020 season and allows our teams to begin planning for an exciting 2021 season of affordable family entertainment." 1485

TORREY PINES, Calif. (KGTV) - The Massachusetts Institute of Technology just named a minor planet after a San Diego teenager who recently completed research that could assist in future droughts. The Cambridge School freshman Emily Tianshi was also awarded ,000 from here work in the prestigious National Broadcam MASTERS Competition in Washington, D.C. “I was absolutely shocked,” said the 14-year-old.Tainshi began studying the needles on Torrey Pines as an eighth grader to see how the trees continue to withstand droughts. She said the needles are uniquely designed to pull moisture from the air and condense it into water for its own needs.Her research won science fairs in San Diego and California. It earned her an invitation to the weeklong Broadcom MASTERS where she competed with and against students from all over the nation.Tianshi walked away with the second largest prize in the country.She said she wants to continue her research and eventually “turn into an engineering project where I build a device replicating the Torrey Pine Needle.”The teenager said her ultimate goal is to become a Stanford-educated doctor. 1162
Tiger Woods is back in action and he might not even be the main event. His partner in the PNC Championship this week is his 11-year-old son Charlie. They are among the 20 teams in the field for a 36-hole scramble that will be on NBC. Is that too young for the bright lights of television? Remember, Woods was 2 when he made his first television appearance on "The Mike Douglas Show." Woods says it's all about enjoying the time together. He says his father didn't push him to play golf, and he won't push his son, either.According to Golf Digest, Tiger and Charlie will compete alongside Justin Thomas and his dad, Mike, at 11:48 a.m. local time Saturday in a two-day scramble event. The third father-son duo joining the group is Tiger's caddie Joe LaCava and his son, Joe LaCava Jr., Golf Digest reported. 814
Trade war fears and a presidential attack on Amazon are rocking Wall Street.The Dow dropped more than 700 points on Monday, and the Nasdaq plunged 3%. The S&P 500 hit its low for the year and was on track for its lowest close since November. The sell-off left all three major indexes in the red for 2018.By the end of the day Monday, the Dow slightly recovered, closing down 458 points for the day.The sell-off on the first day of the second quarter came after President Trump once again attacked Amazon on Twitter. Amazon, one of the biggest drivers of the 2017 market rally, tumbled 5%, wiping out more than billion of its market value.Trump once again accused Amazon of taking advantage of the US Postal Service, and he suggested that Amazon does not pay its fair share of tax.In fact, Amazon pays the same lower rate that the post office charges other bulk shippers, and it collects sales tax in every state that charges it. Amazon does not collect sales tax on purchases made from third-party vendors."You've got the president of the United States attacking a single company over what he considers to be unfair practices," said Ian Winer, head of equities at Wedbush Securities.Amazon wasn't the only tech stock in trouble. Tesla, Netflix and Cisco all dropped by at least 4%. Intel plunged 8% on a?Bloomberg News report that Apple plans to switch to its own chips. Almost every stock in the Nasdaq 100 lost ground.The Nasdaq has plunged more than 10% from its all-time high on March 12."When investors see market leaders suddenly stumble, they become more cautious about the entire group," said Kate Warne, investment strategist at Edward Jones.Wall Street is also fretting about rising trade tensions, especially with China. Beijing responded to Trump's steel and aluminum tariffs on Monday by following through on its threat to impose tariffs on billion of US imports. The tariffs apply to 128 products, ranging from pork and meat to steel pipes.Trump plans to place additional tariffs on about billion worth of Chinese goods — and Beijing has promised to respond.John Toohey, head of equities at USAA, blamed the sell-off on concerns about the China tariffs. "Global trade could slow down, global supply chains could be impacted, and CEOs could be more cautious on capital spending," Toohey said.NAFTA worries are also on the rise after Trump took aim at the trade deal between the United States, Canada and Mexico. Trump on Sunday linked NAFTA to his efforts to build a wall along the border with Mexico."They must stop the big drug and people flows, or I will stop their cash cow, NAFTA. NEED WALL!" Trump tweeted."It's a cause for concern. That mixing of issues is contributing to uncertainty," said Kristina Hooper, chief global market strategist at Invesco.No matter the cause, signs of fear abounded. The VIX volatility index jumped more than 15%. CNNMoney's Fear & Greed Index of market sentiment dropped further into "extreme fear." Crude oil plunged about 3%. Gold, which tends to do well when investors are worried, climbed more than 1%."None of it makes a lot of sense," said Michael Block, chief strategist at Rhino Trading Partners. "I don't know what we learned that was new. Chinese tariffs are not surprising."After spiking last year, the stock market hit extreme turbulence during the first three months of the year as investors worried about tariffs, inflation and tech stocks. The Dow snapped its longest quarterly winning streak in 20 years.Stocks may be volatile, but the backdrop looks bright. Global economic growth is expected to accelerate and corporate profits are likely to surge, thanks in part to Trump's corporate tax cuts."It's unlikely to be the end of the bull market," Warne said. "The underlying fundamentals remain positive." 3823
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