Author: Press Room

Medicare beneficiaries need to know the changes taking place in in 2024 and 2025. The changes begin with the inflation adjustments for various Medicare features. The monthly basic Part B Medicare premium increased by $9.80 (or 5.94%) to $174.70 on January 1. The annual Part B deductible increased by $14 to $240. The additional Part B premiums paid by higher-income beneficiaries under the Medicare premium surtax (also known as IRMAA) rose by about 8%. The maximum total monthly premium is $594.00. That top premium will apply to individuals who had adjusted gross incomes greater than $500,000 in 2022 and married…

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 June 4, which is 0.115 percentage points lower 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…

Missouri Attorney General Andrew Bailey announced that the U.S. District Court for the Eastern District of Missouri granted his motion to block what he called President Biden’s latest illegal student loan handout scheme. Bailey said that Congress never gave Biden the authority to saddle working Americans with half-a-trillion dollars in other people’s debt and that this is a huge win for the Constitution.Bailey told FOX Business exclusively that it’s a huge win for the rule of law. “The Constitution makes clear that Joe Biden does not get to thwart Congress when it suits his political agenda. The Constitution will continue…

Summer travel is heating up with the weather, but consumers are weary about spending too much. Nearly 71% of consumers blame inflation for impacting their road trip plans, an Experian survey found. A majority of survey respondents planned to spend an average of $1,000 on their trips this summer. Road trippers plan to spend the most on gas and accommodations.Auto insurance rates are also impacting travelers. Three out of four respondents to Experian’s survey are worried their rates will increase in the next year. This concern that rates will rise is causing a third of respondents to shop around for…

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Investment Thesis: I rate Winnebago Industries as a Hold at this time. Winnebago Industries, Inc. (NYSE:WGO) is an American motorhomes’ manufacturer – known for its array of premium RVs and boats. Over the past year, the stock has seen a decline of just over 8%: TradingView.com The purpose of this article is to assess whether the stock has the capacity for upside from here, taking recent performance into consideration. Performance When looking at the company’s most recent earnings results (as released on June 20, 2024), we can see that net revenues saw a decline of 12% from that of the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Kenya’s President William Ruto said his country had “experienced an unprecedented attack on its democracy” after demonstrators stormed parliament on Tuesday in mass protests against planned tax rises.Police fired tear gas at protesters outside the building and used live ammunition, leaving at least five people dead and more than 30 injured, according to human rights groups. The army was deployed later in the day after parts of the parliament building in Nairobi were set on fire and lawmakers fled. “An otherwise legitimate…

Do you have a friend who you could call in the middle of the night? Or even help you move a couch? In my book Breadcrumb Legacy: How Great Leaders Live a Life Worth Remembering (Routledge), I challenge readers to think about who they could call to help them move a couch when thinking about adult friendships. Since most of our friendships often emerge from work, we can lack a social network when we leave the workplace. It started a few years ago, when all three of my adult sons were in college, my husband asked me to help him…

Mortgage payments are up from a year ago but haven’t quite crossed the threshold many mortgage experts recommend that homeowners stick to. It’s often recommended homeowners don’t spend more than 30% of their income on housing costs. Currently, the average monthly mortgage payment for single-family homes typically requires 24.2% of a buyer’s income, in the three months through March, Realtor.com reported. This is down slightly from last quarter, but up more than 23% from last year.The average monthly payment that Americans face on a mortgage with a 20% down payment was $2,037, the National Association of Realtors said in its…