Author: Press Room
Many companies are pivoting to a new form of hiring that emphasizes applicants’ skills over more traditional metrics, such as education or years of experience, according to recent reports and data.The share of U.S. online job postings that list a specific requirement for employment tenure has fallen by 10 percentage points, to 30%, in the two years through April 2024, according to data from job site Indeed.Additionally, most job ads, or 52%, don’t have a formal education requirement, up from 48% in 2019, Indeed found. The data from Indeed says that mentions of college degrees have fallen in 87% of…
“Donald Trump was given every opportunity to defend himself,” Biden said. “A state case, not a federal case, was heard by a jury of 12 citizens, 12 Americans, 12 people like you, like millions of Americans who served on juries.””This jury was chosen the same way every jury in America has chosen,” the president said. “Five weeks after careful deliberation, the jury reached a unanimous verdict.”More news on Donald TrumpBiden noted that Trump will have the chance to appeal his conviction, after he is sentenced July 11.But the Democrat said “It’s reckless, it’s dangerous” for Trump to argue that the…
Two influential advisory firms have urged shareholders to vote against Elon Musk’s contentious $51 billion pay package and raised concerns about the CEO’s numerous side projects. On Friday, Institutional Shareholder Services called the package “excessive” and noted that shareholder concerns “have not been sufficiently mitigated” since the package was first approved in 2018. While recognizing Tesla’s growth and profitability, ISS said Musk’s pay package — first approved in 2018 and thrown out by a judge in January — “was considered outsized from the start” and has “failed to accomplish certain of the board’s stated objectives,” including focusing Musk “more closely…
High-quality bonds look increasingly interesting to me. We just went through one of the most vicious bear markets for bonds in history, which sounds like a good time to invest on a go-forward basis in this critical asset class. And if you’re in agreement, there are tons of core bond funds out there that you can use to allocate to. One fund that caught my attention is the Vanguard Core-Plus Bond ETF (NASDAQ:VPLS). This ETF invests in a broad spectrum of debt instruments, ranging from government bonds to corporate bonds to emerging-world debt. Don’t let the “plus” side of the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boeing submitted a plan to federal regulators on Thursday promising to improve the safety and quality of its manufacturing through training, simplifying processes and eliminating defects.Chief executive Dave Calhoun met with Mike Whitaker, head of the US Federal Aviation Administration, to turn in the plan, which the agency had given Boeing 90 days to submit. The aerospace manufacturer is facing multiple investigations since a door panel blew off a 737 Max during a commercial flight in January.The plan is supposed to show…
President Joe Biden has given permission to Ukraine to strike inside Russian territory with American munitions, though he has restricted their use so Kyiv can only hit targets over the border close to Kharkiv after Russia made significant advances around the city in the northeastern part of the country close to the Russian border, two US officials told CNN. “The president recently directed his team to ensure that Ukraine is able to use US supplied-weapons for counterfire purposes in Kharkiv so Ukraine can hit back at Russian forces hitting them or preparing to hit them,” one of the officials said.…
It feels like everything costs more these days—and some homeowners are looking for ways to increase cash flow without invading retirement assets. One way to do that? Reverse mortgages. Reverse mortgages are a creature of federal law. As part of the Housing and Community Development Act of 1987, the Federal Housing Administration (FHA) became responsible for insuring reverse mortgages. The program was initially designed to “meet the special needs of elderly homeowners by reducing the effect of the economic hardship caused by the increasing costs of meeting health, housing, and subsistence needs at a time of reduced income.” While not…
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 May 21, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to…
Want to watch your money grow? A high-yield savings account allows your money to make money, with very little work from you. A high-yield savings account offers a higher interest rate on deposits made than a traditional savings account. Shortly after depositing into a high-yield savings account, you’ll see how much additional cash you are making in interest and regret not starting sooner. SAVE $10K IN A YEAR WITH THIS STEP-BY-STEP GUIDE But it’s not too late. Here’s everything you need to know about high-yield savings accounts and how you can open one today. How does a high-yield savings account work?What bank…
Let’s say you just joined the Club, and you are trying to figure out which stocks we think are buyable right now, right here. Ideally, what I would like members to be thinking about is a companion portfolio of up to a dozen stocks to a market index fund position — something we recommend for investors just starting to manage their own money. Your own portfolio. Curated by us. Selected by you. More than 12 names, unless you’re a stock junkie like me, might be too hard to stay on top. Remember, buy and homework is my motto, not buy…
