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 6.990% as of June 11, which is 0.115 percentage points higher than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
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 lower for 3- and 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 select a lender…
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. Markets rally: The gains on Wall Street picked up steam midafternoon Monday, putting the S & P 500 on track for another record close. The tech-heavy Nasdaq is on pace for its sixth all-time high in a row. Strong advances in technology stocks like Club holdings Nvidia , Apple and Broadcom were the dominant theme in last week’s trading. The latter two extended their recent gains Monday session while Nvidia was…
GameStop shares dropped to session lows Monday after the company’s highly anticipated annual meeting failed to offer any concrete updates on the video game retailer’s future plans.The meme stock was down about 12%, as the company’s rescheduled shareholder event wrapped up with no detailed remarks about its strategies. No shareholders got to ask their questions during the meeting, which lasted about 30 minutes. Shares were down as much as 17% at $23.79.Stock Chart IconStock chart iconGameStopIn brief introductory remarks, CEO Ryan Cohen reiterated the company’s plans to focus on cutting costs and boosting profits and intimated that more store closures…
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear. Chinese state media Jiemian reported last week that local executives had been accused of embezzling “millions of euros” in an unsigned letter written by whistleblowers calling themselves employees of Adidas China. The letter was widely publicized online. Claudia Lange, head of media relations at the apparel giant, told CNN on Monday that it…
Stock market today: Nasdaq rises, Dow slumps in bumpy trading day as GameStop rallies | June 3, 2024
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Lately, there has been a lot of chatter around W. P. Carey Inc. (NYSE:NYSE:WPC), where many investors (and seemingly the market as well) have questioned the Management’s decision to cut the dividend and what kind of signal it sends about WPC’s commitment to distribute consistent dividends going forward. Moreover, the fact that a large chunk of WPC’s office segment has been spun off has lead to a notable decrease in the AFFO generation, which, in turn, has introduced negative rate of change dynamics in the most recent earnings reports. If we look at the TTM total return performance, we will…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shadow chancellor Rachel Reeves would seek to break down EU trade barriers and secure billions of pounds through an early international investment summit if Labour wins the general election.Reeves, in an interview with the Financial Times, signalled an ambitious push to revisit parts of Boris Johnson’s Brexit deal, including seeking closer alignment with EU rules in areas such as the chemicals sector and a better deal for workers in the City of London.“We would look to improve our trading relationship with Europe,…
On GPS: How AI can transform education Sal Khan, founder and CEO of Khan Academy, speaks to Fareed about how AI can revolutionize the education system, and why he doesn’t think it will put teachers out of a job: “Like all technology, it amplifies human intent.” Read the full article here