Author: Press Room
FRANKFURT (Reuters) – Germany’s Bundesbank confronted its predecessor’s Nazi past in new research published on Friday and vowed it would never allow antisemitism or discrimination. The bank has put out an abridged version of an upcoming series of volumes, at a time when the far right is on the rise in Germany, triggering nationwide protests in a country still scarred by its 20th century history. It detailed how the Reichsbank financed Adolf Hitler’s war efforts, helped the exploitation of occupied territories and was involved in the confiscation, expropriation and sale of Jewish assets. “The Reichsbank acted as a willing stooge…
The one consistency in the US labor market has become burnout. Between long hours, uncertain financial futures and a general lack of resources, workers of all ilk show signs that they’re tired. In self-employment, the threat can become even greater since you’re managing both the business and often creating the income flow through the work you do with clients. Recent surveys have found that 30% of entrepreneurs admit that they’re often or constantly burnt out. Meanwhile, a group I work with – who often operate in solo or small practices – therapists, have a burnout rate of 45% according to…
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 March 18, which is 0.250 percentage points higher than Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan.…
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. During the week of Feb. 12, 2024, average private student loan rates plummeted for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 10-year fixed-rate loans and rose for 5-year variable-rate loans. 10-year fixed rate: 8.15%, down from 9.12% the week before, -0.975-year variable…
Capital One is plowing forward with plans to purchase Discover Financial, but the proposed acquisition is expected to face major pushback from regulators – and whether it actually goes through could depend on who wins the presidential election. Before the ink had time to dry on the press release announcing the merger of two of America’s largest credit card companies, some lawmakers and consumer groups called for regulators to quash it over antitrust concerns. Ticker Security Last Change Change % COF CAPITAL ONE FINANCIAL CORP. 148.84 +4.28 +2.96%DFS DISCOVER FINANCIAL SERVICES 131.12 +3.10 +2.43% Progressive Sen. Elizabeth Warren, D-Mass., who…
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. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3-year loans and higher for 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to…
A majority of Americans say a $1,000 emergency expense would be too great of a hit to their savings and that they could not afford it, according to new data released Wednesday. Bankrate’s latest survey results found 56% of U.S. adults lack the emergency funds to handle a $1,000 unexpected expense and one-third (35%) said they would have to borrow the money somehow to pay for it. Of those, 21% said they would likely put such an expense on a credit card, while 10% said they would borrow the funds from a family member or friend, and 4% said they…
Some people celebrate big career wins by splurging on a Rolex watch.Not Mark Cuban. At age 32, he sold his first startup — a software company called MicroSolutions — for $6 million. That same day, he took off his watch and threw it away, he said at a SXSW panel earlier this month.It was symbolic: After gaining that financial security, he didn’t want to feel like anyone owned his time, he said.”Time is the one asset you can never get back. You can never truly own [it],” said Cuban, 65. “I wanted to be … in a position where I…
After years of building out her successful Etsy store, Rachel Jimenez is now focusing her efforts on other projects. The store features printables like Elf on a Shelf games for Christmas and has made six figures in passive income in past years. She founded it in 2019.Etsy brought in $77,000 in passive income in 2023, with Jimenez working just “five-to-ten minutes” per day or so checking messages, she says. That, plus some of her and her husband’s other moneymaking efforts made her realize she could start being pickier about her projects.In considering her “now what,” Jimenez realized she wanted to…
One sound could go missing from the symphony that greets campers at dawn. Besides bird chirps, owl hoots and racoons searching for food, the rumble of car engines firing up as campers head home may be strangely absent. It will at least be less common as electric trucks and SUVs start arriving at more campsites. While still a small minority, campers are more likely to own an electric vehicle than those who don’t go camping, according to a survey by Kampgrounds of America, the nation’s largest campground operator. Only about 1% of Americans currently have an electric vehicle, according to…
