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. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3-year loans and lower for 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to…

Trump Media on Monday submitted an updated inspection of the company’s finances by a newly hired public accounting firm, after its last auditor was charged with fraud by the U.S. Securities and Exchange Commission.Shares of Trump Media initially dropped more than 7% on Monday’s announcement. The stock was down about 6% as of 1:00 p.m. ET.The media company, which is majority-owned by former President Donald Trump and trades as DJT on the Nasdaq, said its revised registration statement includes a reaudit conducted by the Phoenix, Arizona-based firm Semple, Marchal & Cooper, LLP.The company behind the social media platform Truth Social…

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 reverse: The markets initially opened lower Monday as volatility in the European markets spilled over into the United States. But both the S & P 500 and the Nasdaq climbed out of the red and turned slightly higher while Nvidia flipped positive, overcoming some early selling tied to its 10-for-1 stock split. Power on: We’re seeing a strong comeback in the date center buildout-electricity-power generation theme, which has been more…

Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier. “Southwest’s poor execution and leadership’s stubborn unwillingness to evolve the company’s strategy have led to deeply disappointing results for shareholders, employees and customers alike,” said the statement from the firm. “Southwest’s rigid commitment to a decades-old approach has inhibited its ability to compete in the modern airline industry.” The letter pointed out that Southwest’s share price is down more than 50% from early 2021 and now trades at a price lower than its…

I last mentioned The Mosaic Company (NYSE:MOS) in November here, as having the potential to witness better product pricing and sales during the upcoming North American crop planting season. While the usual seasonal bottoming pattern in Mosaic’s stock price did exactly play out, the -20% quote decline into June has opened a whole new level of “value” for long-term investors. Based on a large variety of raw statistics, MOS may now be one of the cheapest larger capitalization agriculture-related names focused on grains/crops you can own in June 2024. And, after a steady -65% price drop from the first part…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.President Emmanuel Macron stunned France on Sunday when he called snap parliamentary elections after his centrist alliance was trounced by Marine Le Pen’s far-right movement in a European parliamentary vote. Exit polls showed the Rassemblement National (RN) secured around 33 per cent of the vote compared to 15 per cent for the French president’s centrist alliance, a stinging blow to Macron.“For me, who always considers that a Europe united, strong, independent is good for France, this is a situation which I cannot…

Homeland Security Secretary Alejandro Mayorkas on Sunday pushed back on criticism of President Joe Biden’s new executive action restricting asylum while calling on Congress to take action on the border. “It’s early, the signs are positive. Our personnel have done an extraordinary job in implementing a very big shift in how we operate on the southern border,” Mayorkas said on ABC’s “This Week,” noting that implementation of the new policy — announced last Tuesday — has only just begun. The executive action — which bars migrants crossing the border illegally from seeking asylum, with some limited exceptions, once an average…

The opportunities for financial advisor education have improved so dramatically in the past 25 years. When I graduated from college with a generic business and finance degree, only a couple of mainstream colleges were known for doing anything with financial planning and virtually no degree programs were available. Now, more than 200 degree programs are available at the bachelor’s, master’s, and even doctoral levels. The CERTIFIED FINANCIAL PLANNER™ designation was a thing back then, but today, there are many more (and better) paths to satisfy the education requirement, and the number of CFP® practitioners has almost tripled. While the vast…

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 7.000% as of May 13, which is unchanged from Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.375%, which is also unchanged from Friday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Former President Trump is scheduled to sit for a virtual interview on Monday with a New York City probation officer from his home at Mar-a-Lago with his attorney Todd Blanche at his side after he was found guilty on all counts in the hush money trial against him last month, three sources familiar with the matter told NBC News.Trump, the presumptive Republican presidential nominee, was convicted last month on all 34 felony counts of falsifying business records in the historic case. The probation interview is required by the court as part of the former president’s pre-sentencing report.Judge Juan Merchan, who is presiding over the…