Author: Press Room

Stay informed with free updatesSimply sign up to the Mining myFT Digest — delivered directly to your inbox.Anglo American’s key South African shareholders are open to a takeover offer from BHP, despite government concerns that the miner’s £30bn-plus proposal is bad for Africa’s most industrialised economy.The investors, which collectively hold more than 15 per cent of Anglo, told the Financial Times that BHP would need to sweeten its offer but they were not opposed in principle to an acquisition by the Australian group.Their openness comes despite comments from mining minister Gwede Mantashe saying he was personally “negative” on the deal,…

Independent presidential candidate Robert F. Kennedy Jr. said he’s against government limits on abortion at the federal or state level, backing legal abortions through the entire gestational period while arguing the state should not play a role in determining abortion access. In a podcast interview with Sage Steele that was released Wednesday, Kennedy said he doesn’t “trust government to have jurisdiction over people’s bodies” and believes “we need to leave it to the woman … to make those decisions.” Kennedy stressed he believes “every abortion is a tragedy” and pledged as president to make child care more affordable to reduce…

Our elders love their independence, for the most part. Perhaps over time, their chronic health conditions start to erode their abilities to do some things independently. In the absence of a sudden event, like a fall, the slow decline in physical ability may not be obvious when family visit their loved ones. And at some point, the activity your elder has always done on their own becomes dangerous. But how can we tell when they reach that point? The “Activities of Daily Living” and Safety The medical community and home care providers often refer to how well a person can…

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 7.375% as of May 2, which is 0.250 percentage points higher than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.500%, which is 0.125 percentage points lower than yesterday. With mortgage rates changing daily, it’s a good idea to…

A new report from the nonpartisan Committee for a Responsible Federal Budget (CRFB) finds that President Biden’s latest student debt handout plan combined with previously announced policies will cost between $870 billion and $1.4 trillion if implemented. “That’s more than all federal spending on higher education over the nation’s entire history,” the CRFB report said, noting that the majority of that student loan debt cancellation was put in place by the Biden administration through executive actions.The total includes $620 billion in debt cancellation that has already been implemented, including $275 billion from Biden’s new income-driven repayment program that’s known as…

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…

The IRS has unveiled the 2025 contribution limits for health savings accounts, which are triple-tax advantaged for medical expenses.The new HSA contribution limit for 2025 will be $4,300 for self-only health coverage, up from $4,150 in 2024, based on inflation adjustments, the IRS announced Thursday.The contribution limit will also increase for savers with family coverage. In 2025, those with family plans can deposit up to $8,550 into HSAs, which is up from $8,300 in 2024.The IRS will release the 2025 catch-up contribution for savers age 55 and older later this year. It currently stands at $1,000 for 2024, unchanged from…

Sinclair, one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of its footprint, according to people familiar with the matter.The company has hired Moelis as its investment banker and has identified more than 60 stations in various regions of the U.S. that it would be willing to sell, said the people, who asked not to be named because the discussions are private. Sinclair owns or operates 185 TV stations in 86 markets.The stations are a mix of affiliates including Fox, NBC, ABC, CBS and the CW. If sold together, their average…

The Chevrolet Malibu, the last sedan still sold by General Motors’ biggest selling brand, will end production this year, the company announced. Malibu production will end in November as the factory that builds it, the Fairfax Assembly Plant in Kansas City, Kansas, is reconfigured to build a new generation of the Chevrolet Bolt EV. With the Malibu’s demise, General Motors’ mainstream Chevrolet brand will sell only trucks, SUVs, and the Corvette, a two-seat sports car, in the United States. Chevy’s close competitor, Ford, made a similar move years ago when it stopped selling the Taurus and Fusion sedans, leaving the…

Last updated: May 9, 2024 13:25 EDT | 2 min read Binance is fighting back against the DWF Labs allegation against the platform on May 9. This follows an explosive report from the Wall Street Journal (WSJ) that revealed that Binance dismissed an employee who uncovered evidence of market manipulation by DWF Labs, a major market on the trading platform.According to the WSJ report, the dismissed employee and his colleagues at Binance’s market surveillance team had identified instances of pump-and-dump schemes and wash trading conducted by “VIP” clients, including $300M by DWF Labs. These activities violated Binance’s terms and conditions.…