Author: Press Room

‘This speaks to a certain level of desperation’: Honig reacts to Trump team’s latest moveCNN senior legal analyst Elie Honig talks to CNN’s Wolf Blitzer about former President Donald Trump’s legal team asking a New York appeals court for emergency relief to stop the criminal hush money trial scheduled to begin so he can appeal a lower court’s ruling on presidential immunity and have the judge recused from the case. Read the full article here

In a recent transaction, Kevin G. Hostetler, the Chief Executive Officer of Array Technologies, Inc. (NASDAQ:ARRY), sold 8,176 shares of the company’s common stock. The sale was executed at a price of $12.30 per share, resulting in a total value of $100,564. Array Technologies, known for its work in the miscellaneous manufacturing industries, saw this transaction take place on March 20, 2024, as reported by the CEO. Following the sale, Hostetler’s direct ownership in the company stands at 217,352 shares of common stock. Investors often keep a close eye on insider transactions as they can provide insights into how executives…

By Jarrett Renshaw and Leah Douglas (Reuters) -The Biden administration on Friday said its new climate modeling for sustainable aviation fuel feedstocks will be released in a matter of weeks, marking a delay sources said was due to disagreements over details of the revisions. The slow progress on the revised modeling has frustrated the biofuels industry by extending uncertainty over whether corn-based ethanol will be able to qualify for lucrative new subsidies for SAF production included in the Inflation Reduction Act. A White House spokesperson said the revised model would be finalized in the coming weeks. The administration has been…

Investing.com – The U.S. dollar edged lower in European trade Monday, handing back some of the previous week’s gains ahead of the upcoming Federal Reserve policy-setting meeting.  At 06:00 ET (10:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 103.035, after gaining around 0.5% last week, its first weekly gain in four. Dollar slips marginally ahead of Fed meeting The U.S. currency has started the new week on a slightly negative note, but remains near two-week highs after strong U.S. inflation readings from last week put traders on guard…

By Selena Li and Summer Zhen HONG KONG (Reuters) – China’s financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country’s local government debt, three sources with knowledge of the matter said, as part of its efforts to contain credit risks. The National Financial Regulatory Administration (NFRA) asked the Hong Kong-based units of Chinese banks and insurers this week to report their holdings of dollar debt issued by so-called local government financing vehicles (LGFV), said the sources. The regulator mainly asked them to reveal their exposure to offshore bonds…

By Erin Flynn Jay, Next Avenue Liz Elting was a 26-year-old graduate student in 1992 when she cofounded a business in her dorm room, a language-translation service that grew into a $1.1 billion company called TransPerfect. She cashed in her stake in 2018 but has no intention of retiring — and doesn’t think you should, either. Elting established a charitable foundation (Elizabeth Elting Foundation) when she left TransPerfect, and she is still looking for opportunities, saying it’s never too late for older adults to start something new. “They’ve learned a lot by the time they’re 50 plus, 60 plus, 70…

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 6.375% as of March 11, which is 0.125 percentage points lower than Friday.  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,…

More student loan forgiveness is here, this time for 78,000 public service workers. Nurses, teachers, firefighters and a large array of other workers qualify for President Biden’s $6 billion in forgiveness, the White House recently announced.  Due to fixes to the Public Service Loan Forgiveness (PSLF) program, workers that never received forgiveness are now having their debts partially forgiven or canceled. Only about 7,000 public service borrowers received forgiveness prior to the Biden Administration, now that total hovers closer to 870,000, the announcement said.This forgiveness comes on the tail of other educational fixes the Biden Administration says it has implemented.…

Most Americans are experiencing a holiday spending hangover that could take months to recover from, a recent survey said. Seventy-four percent of consumers said inflation had a more significant impact than anticipated on their holiday spending budgets and 45% overspent, according to WalletHub’s recent survey. Additionally, 1 in 4 Americans said they will need 6 to 12 months to pay off holiday debt, and most people will need at least one to three months to pay what they owe.”People generally expect to spend a lot during the holidays, but the stakes were higher this year due to inflation and record high…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. U.S. stocks tumbled on Wednesday as investors digested hotter-than-expected inflation data. Concerns that the Federal Reserve will keep interest rates higher for longer seem to be rattling the market. Jim Cramer argued that Wednesday’s hotter-than-expected consumer price index report shouldn’t be a surprise to investors because the economy is humming. “We are troubled by the people who got it wrong and are selling. They are quite frankly ill-advised,” Jim said. “I see a lot of…