Author: Press Room

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is 0.125 percentage points higher than yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate…

Capital One and Walmart announced Friday that they ended the agreement that made Capital One the exclusive issuer of Walmart’s consumer credit cards. Walmart and Capital One launched their partnership in 2018 after the retail giant ended its two-decade partnership with Synchrony Financial. Capital One began issuing Walmart-branded credit cards starting in 2019.”While Capital One and Walmart have ended their card partnership, nothing changes today for cardholders – cardholders can continue to earn and redeem rewards, and previously accrued rewards will retain their value,” a press release stated. “Until informed otherwise, cardholders can also continue to use their Capital One…

EXCLUSIVE: The founder and CEO of Bass Pro Shops, Johnny Morris, says that despite inflation, the hunting, fishing and outdoor sporting brand will remain focused on affordability heading into boating and fishing seasons. Inflation remains high at 3.4%, above the Fed’s 2% goal, though it dropped from its peak of 9.1% in June 2022.”Inflation is here. It’s real,” Morris told FOX Business during a video interview. EXCLUSIVE: CEO OF BASS PRO SHOP REVEALS NATURE-BASED AMPHITHEATER, MORGAN WALLEN TO PERFORM AT GRAND OPENING In April, energy prices rose for the third month in a row, and the cost of gas increased…

A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs.Roundhill Investments’ GLP-1 & Weight Loss ETF (OZEM), which began trading last week, pairs leaders Eli Lilly and Novo Nordisk with players developing new treatments for weight loss and diabetes. CEO Dave Mazza said his firm is capitalizing on explosive growth potential in the industry.”The ability to have active management to overweight companies that are actually in market producing the drugs and then go down the line to identify those that are in particular phases is powerful,” Mazza told CNBC’s “ETF Edge” last Monday.Eli Lilly…

At least 68 million people are under severe weather warnings on Memorial Day, as storms turned toward the Northeast after claiming the lives of at least 20 people and leaving half a million homes and businesses without power across the central United States.Heavy storms will move across Arkansas and Tennessee and into the Ohio Valley before heading north to the East Coast, through the Carolinas, Pennsylvania and New York. Heavy rain, winds of more than 60 mph and hail more than 2 inches across are expected, with tornadoes possible, NBC meteorologist Michelle Grossman said in a report early Monday.Flash flooding alerts were…

The summer movie season typically starts with a bang during the month of May and, particularly, during Memorial Day weekend. This year, it’s a whimper. Memorial Day weekend (Friday through Monday) movie ticket sales are estimated at $128.3 million, according to Comscore data provided to CNN. That’s down from last year’s Memorial Day weekend, which recorded just shy of $205 million gross revenue, and it lands well under the record holiday in 2013, when “Fast & Furious 6” drove the weekend to $314.3 million in revenue. In fact, the US box office is on track to have its lowest-grossing Memorial…

Last updated: May 27, 2024 13:52 EDT | 2 min read The European Blockchain Observatory and Forum (EUBOF), an initiative of the European Commission, released a report on May 24 calling on the European Union (EU) to ready itself for the integration of blockchain technology and artificial intelligence (AI). The latest move from the EU blockchain is seen as a proactive approach to secure users’ data.The EU blockchain report, prepared by the Directorate-General for Communications Networks, Content, and Technology, discussed the potential integration of blockchain technology with AI. It emphasizes blockchain’s secure data storage and management capabilities, particularly in sensitive…

IBM aims to be “client zero” of the AI products it sells to clients, marketing chief Jonathan Adashek said.He said AI has augmented the work IBM staffers do and even made its ads more effective.This story is part of “What’s Next,” a series about business leaders’ strategies for workplace productivity. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the…

Applovin’s Advertising Investment Thesis Remains Robust Applovin (NASDAQ:NASDAQ:APP) is a SaaS company that offers advertising software solutions for mobile/ web app developers, which allows the enhancement of their app marketing and monetization globally. The robust recovery in the global advertising market is undeniable indeed, with the two market leaders, Google (GOOG) and Meta (META), already reporting robust growth in their top/ bottom lines despite the uncertain macroeconomic outlook. The Most Popular Ads & Monetization SDKs App Figures Combined with its leading market share in the most popular advertising and monetization Software Development Kits in both the iOS and Android platform,…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseA Donald Trump victory in the US presidential election would be “more bearish” and “disruptive” for the bond markets than the re-election of Joe Biden, according to Bill Gross, the longtime fixed-income investor.Trump’s return to the White House would exacerbate the burgeoning US deficits that have soured him on the market that earned him the “bond king” sobriquet when he was running asset manager Pimco, Gross told the Financial Times.“Trump is the more bearish of the candidates simply because…