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 7.125% as of April 5, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.000%, which is 0.125 percentage points lower than yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…

Data management software maker Rubrik jumped in its New York Stock Exchange debut on Thursday, the latest sign that public market investors are showing an appetite for tech IPOs.The stock opened at $38.60 per share, after the Microsoft-backed company priced its IPO at $32 a share on Wednesday, above its expected range of $28 to 31 per share.In selling 23.5 million shares, it raised $752 million, leaving it with a valuation of $5.6 billion. Rubrik shares are trading under the ticker “RBRK.”Many technology companies appeared on public markets in the 2010s as central banks kept interest rates low. Worries about a weakening economy starting in…

On average, Americans believe they should save up around $1.46 million before retiring, per Northwestern Mutual’s 2024 Planning and Progress study.But in certain states, like Hawaii, you’d actually need more than that. The minimum amount of savings you’d need to retire in the Aloha state is $2,051,077, according to a GOBankingRates study.The personal finance site calculates that this amount, plus Social Security benefits, would be enough to cover costs for necessities like groceries, housing, utilities, car expenses, discretionary spending and savings over a 25-year retirement.To determine the minimum retirement savings requirements in each state, GOBankingRates examined how much Americans 65…

US stocks sank Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. The Dow fell by 695 points, or 1.8%, and is headed toward its largest drop of the year; the S&P 500 was down 1.5% and the Nasdaq Composite slid by 1.9%, as investors projected a longer wait for the first rate cut from the Federal Reserve. “This report was the worst of both worlds: economic growth is slowing and inflationary pressures are persisting,” wrote Chris Zaccarelli, chief investment officer…

Last updated: April 25, 2024 09:12 EDT | 3 min read DOGE has fallen by 8% today, with the Dogecoin price slipping to $0.149 in the past 24 hours, as the cryptocurrency market tumbles by 5%.The meme token is actually up by 2% in a week, although it has fallen by 25% in a fortnight and by 20% in a month.This puts it in danger of completing a classic head-and-shoulders pattern over the past couple of months, a move which would imply a drop to around $0.12.However, it will arguably bottom out well before it completes such a chart pattern,…

Nearly four in 10 financial advisors plan to retire in the next 10 years, according to market researcher Cerulli Associates. These future retirees manage trillions in assets, and banks and wirehouses are struggling to find new advisors to take over their books. Getting young advisors in the door is only half the battle; nearly three-quarters of rookie advisors leave the industry after three years, per Cerulli’s 2024 survey.Bank of America’s Merrill Lynch revamped its wealth manager training program, nearly three years ago and made several changes over the years, from cutting the length in half from 36 months to 18…

Creators’ earnings are still on the rise, but the ways in which they make money are changing. New data from market-research firm Emarketer, Business Insider’s sister company, forecasts that creator revenue from social media will rise by 16.5% year over year to $13.7 billion in 2024.While brand partnerships remain the primary income source for creators, affiliate marketing is getting a “glow up” this year thanks to platforms like TikTok and YouTube, according to research-analyst Jasmine Enberg.”Most creators have realized that refusing an affiliate deal is like leaving money on the table, and it’s a great way for smaller creators or those…

Eurofins Scientific SE (OTCPK:ERFSF) Q1 2024 Earnings Conference Call April 24, 2024 9:00 AM ET Company Participants Gilles Martin – Chairman and CEO Conference Call Participants Suhasini Varanasi – Goldman SachsAnnelies Vermeulen – Morgan StanleyJames Rose – BarclaysHimanshu Agarwal – Bank of AmericaAllen Wells – JefferiesArthur Truslove – Citi Operator Ladies and gentlemen, welcome and thank you for joining Eurofins’ Q1 2024 Trading Update. Please note that this call is being recorded and will later be available for replay on the Eurofins’ Investor Relations website. Throughout today’s presentation, all participants will be in a listen-only mode. The presentation will be…

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.The US secretly agreed to send a long-range missile system to Ukraine in February, reversing a decision to withhold the weapons that some in the White House feared could dangerously escalate the war with Russia.President Joe Biden’s decision to reverse course was influenced in part by Russia’s increased attacks on Ukraine’s civilian infrastructure in recent months, as well as the Kremlin’s use of North Korean ballistic missiles, according to Jake Sullivan, the US national security adviser.Other US officials said the Army…

When South Carolina Republican Sen. Lindsey Graham was in Saudi Arabia late last month meeting with Crown Prince Mohammad Bin Salman, the country’s young, defacto ruler, the two decided to call up a mutual acquaintance— Donald Trump. Graham was there to discuss the high-stakes deal the Biden Administration has been working on for more than a year that would normalize diplomatic relations between Saudi Arabia and Israel, two historical rivals who have a mutual interest in isolating Iran. President Joe Biden and his team of envoys have found an unexpected partner in Graham, who has offered to wrangle Republican support for what would…