The Fabulous Yields, and Lurking Risks, of Money Market Funds

The funds are paying enticing interest rates right now. But the debt ceiling and signs of weakness in the banking system are worrisome, our columnist says.

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Quarterback Michael Penix Jr. sets the tone for Washington Huskies’ run to the college football title game

New Orleans • The Sugar Bowl was a little more than 24 hours away, and sixth-year Washington quarterback Michael Penix Jr. called a players-only meeting as their moment drew near. He walked to the front of the room on two surgically repaired knees along with edge rusher Edefuan Ulofoshio and delivered a message. The new year was five hours away. Bourbon Street was a short walk away. Families flooded into town. Texas fans, much to Washington’s chagrin, were all over the Huskies’ team hotel, too. This was their time to lock in and focus. They needed to block out distractions, though the midnight fireworks downtown made it hard to get to sleep early. He reminded them they’d been working their whole lives for an opportunity like the one they’d earned. They’d won their past nine games by 10 or fewer points and needed second-half comebacks to win three of them. All of it had carried them to this moment. He told them to be ready. No one was more ready than Penix himself, who connect...
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The Cheesecake Factory to open a new location in Utah County

A new restaurant is coming to Orem — one that will be familiar to Salt Lake County diners. The Cheesecake Factory has announced that it’s opening a new location at University Place mall, at 575 E. University Parkway, this fall, according to a news release. This will be the upscale casual dining establishment’s first location in Utah County. The restaurant, which is known for its huge menu with more than 250 items and more than 30 cheesecakes, will be located next to Dillard’s and Itto Sushi, the release stated. Construction will begin immediately. “The Cheesecake Factory is very pleased to be opening a restaurant at University Place, allowing us to serve Utah County families and visitors,” David Overton, founder, chairman and chief executive officer of The Cheesecake Factory Incorporated, said in a statement. “The Cheesecake Factory has enjoyed being part of the greater Salt Lake City area since first opening there in 2007, and we look forward to being part of the community.” Ther...
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