Author: Press Room

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week, we’re answering two questions. Question No. 1: What is the best, most efficient way to make a regular monthly income in stocks? — Chris Looking at ways to generate regular income from owning stocks is especially relevant given the temptation of a 5% risk-free yield from short-term Treasurys. Buying dividend-yielding stocks is…

Looking for a bite at your local mall? As US malls race to reinvent themselves, they’re turning to sushi conveyor belts, craft-beer membership clubs and Korean barbecue to replace burgers and fries. Over the last few decades, malls became the town center of many American communities. But the pandemic, over-building and a move by consumers toward discount and online shopping changed all that. As anchor department stores left malls, so did some name-brand chains like Ruby Tuesday, Chili’s, Applebee’s and others. What’s taking their place illustrates a large shift in US tastes: There’s a boom in smaller and regional restaurant…

Last updated: April 28, 2024 12:00 EDT | 2 min read ACINQ’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet have decided to discontinue their services for customers in the United States. The move comes as a response to the recent crackdown on self-custodial cryptocurrency wallet providers by regulatory agencies. Both companies have expressed concerns about the classification of self-custodial wallet providers as legitimate money service businesses, following actions taken against Consensys, the creator of Metamask, and crypto mixer Samourai Wallet.zkSNACKs Bans U.S. UsersIn an official statement on April 27, zkSNACKs announced that it would prohibit U.S. users from utilizing its services due to recent announcements by U.S. authorities. Similarly, ACINQ explained in a post on X on April 26 that recent…

Before the month is out, the NFL could decide whether it will open its doors to a slew of institutional investors, including private-equity firms, venture-capital funds, and even sovereign-wealth funds.The topic has been up for debate in part because prices for NFL teams have risen so high that the individual- or family-ownership model is becoming less and less feasible. For example, Forbes has listed the Dallas Cowboys franchise as being worth $9 billion, making it the most valuable team in the league.This raises the question: Are investments in sports teams actually good financial bets, especially for risk-averse investors like pensions…

Rising interest rates and limited VC funding have slowed IPOs in the tech sector.With Instacart, Arm, and Klaviyo going public, the IPO market could be reviving this year.BI profiled 11 startups that are expected to IPO, according to PitchBook’s Exit Predictor. It’s been a relatively quiet few years for public debuts.Initial public offerings (IPOs) have slumped since the record-breaking 2021, when the the likes of likes of Roblox, UiPath, and Rivian listed.The market hasn’t been helped by rising interest rates and a slump in venture capital funding, which has slowed down activity in late-stage startups.But two years on, there is a…

NEC Corporation (OTCPK:NIPNF) Q1 2024 Earnings Conference Call April 26, 2024 2:00 AM ET Company Participants Conference Call Participants Operator Thank you for your participation today. I would like to explain the full year results for year ended March 2024, forecasts for year ending March 2025 and progress of the Mid-term Management Plan 2025. These are the topics I will cover today. First, the full year results for year ended March 2024. On Page 4, you’ll see the full year results. In comparison to the indices we set at the beginning of the year, we exceeded all forecasts. Revenue was…

Investors are pushing back their expectations of interest rate cuts around the world, as the US Federal Reserve’s battle with price pressures complicates other central banks’ loosening plans.As the US reported the latest in a string of poor inflation figures, markets reined in their forecasts for rate cuts by the European Central Bank and the Bank of England, as well as by the Fed itself.“The Fed’s inflation problems have a global dimension and other central banks cannot ignore them,” said James Knightley, chief international economist at ING in New York. “In particular, if the Fed can’t cut rates soon it…

Secretary of State Antony Blinken will travel to Saudi Arabia next week to meet with regional partners as talks between Israel and Hamas remain deadlocked, the State Department announced Saturday. “The Secretary will discuss ongoing efforts to achieve a ceasefire in Gaza that secures the release of hostages and how it is Hamas that is standing between the Palestinian people and a ceasefire,” State Department spokesperson Matthew Miller said in a statement. “The Secretary will also emphasize the importance of preventing the conflict from spreading and discuss ongoing efforts to achieve lasting peace and security in the region, including through…

Living in the United States is not cheap—especially as prices continue to soar, from groceries to transportation to housing. According to recent reports, an American household spends an average of $61,334 per year on their expenses, with housing being the largest expense, at almost $1,800 a month. So why not move someplace where it costs a whole lot less to live? International Living recently released a list of 13 places around the globe where a couple can live for as little as $1,500 a month (or less). This figure covers everything: housing, healthcare, food, fun and more. And here’s the…

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 4, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…