Author: Press Room
The US State Department on Friday designated a Nordic neo-Nazi group and three of its top officials as terrorists. It’s the second time in history that the US has designated a foreign White supremacist organization and its leaders as terrorists. The department designated the Nordic Resistance Movement (NRM) and three of its top officials – Tor Fredrik Vejdeland, Pär Öberg, and Leif Robert Eklund – as Specially Designated Global Terrorists on Friday, according to a statement from spokesperson Matthew Miller. It is the first time the Biden administration has made such a designation of a White supremacist group. The Trump administration in 2020 designated the Russian…
Nowadays, you can find many people who call themselves “financial planners” or “retirement advisers.” Unfortunately, there aren’t consistent definitions and professional requirements for these common terms, unlike the situation with professionals such as doctors, dentists, accountants, or lawyers. Another problem is that many people confuse investment advice with retirement planning. While investing can be an important part of your retirement plan, there are other decisions you’ll need to make that don’t involve investing, yet can have a greater impact on your retirement security. Before you begin working with a retirement adviser, be clear about the retirement decisions you’ll need help…
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 6.625% as of June 13, which is 0.365 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is 0.135 percentage points lower than yesterday. With mortgage rates changing daily, it’s a good idea to…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market check: Stocks are trending lower Friday, a day after the S & P 500 and Nasdaq closed at a new record high. It caps off a positive week for the S & P 500, though most of the gains have been concentrated around a select group of stocks that are generating revenue from artificial intelligence. The divergence in returns this week was startling. The tech sector rallied more than 6%…
As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York, and Nantucket, Massachusetts, some of the nation’s priciest coastal real estate is in an increasingly precarious position due to climate change.This year’s hurricane season is already underway, and the forecast is for “above-normal” activity, according to the National Oceanic and Atmospheric Administration (NOAA). It predicts up to 13 hurricanes, with four to seven categorized as “major” storms.Various risk models have shown myriad projections for falling real estate values, but the effects of climate…
A Texas bankruptcy court judge has approved the liquidation of conspiracy theorist Alex Jones’ personal assets, setting the stage for repayment to the families of Sandy Hook shooting victims. Last week, Jones agreed to convert his personal bankruptcy into a Chapter 7 liquidation. Judge Christopher Lopez on Friday agreed to that move. Jones’ decision to seek bankruptcy protection comes after he agreed to demands from the families of Sandy Hook victims, whom he owes more than $1 billion in damages he caused by lying about the 2012 school massacre. The seismic ruling paves the way for Jones to no longer own Infowars, the influential conspiracy…
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The ClearBridge MLP and Midstream Fund Inc. (NYSE:CEM) is a closed-end fund, or CEF, that investors can use to gain exposure to energy infrastructure companies, including those structured as master limited partnerships, without the hassle of dealing with K-1 income tax forms. This is something that can be very advantageous to investors who wish to use their retirement accounts or similar tax-advantaged accounts to make their investments. This is because the ClearBridge MLP and Midstream Fund can be included in such an account just like any other corporation. Normally, including master limited partnerships in such an account exposes the investor…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseJoe Biden has pledged support from the US and its allies for Ukraine “until they prevail” in the war against Russia’s invasion and said Washington would send more air defence systems to Kyiv after signing a 10-year defence pact with Volodymyr Zelenskyy.The US president’s comments and the deal with his Ukrainian counterpart marked a show of unity between the leaders following tensions between Washington and Kyiv in recent weeks.Biden and Zelenskyy announced the deal on the sidelines of the…
