Author: Press Room

Putin trolls U.S. presidential race, saying he favors Harris A day after the U.S. says Russians secretly paid U.S. content creators and made fake news sites, Putin intrudes further, saying he prefers Kamala Harris for president. Read the full article here

This is a true story. We participated in this case, consulting at AgingParents.com. Vulnerability can come on suddenly for a solo ager. Aging veteran (AV) was living alone, and was trying to work out his life as he experienced physical changes. He was okay, he thought. Until he got Covid. He was very ill, but did not need hospitalization. He called on his only son, because he had no one else to look after him at that time. They were not close. His son had a temper but AV felt he had no choice. He was scared. Temperamental son, TS,…

Long-term mortgage rates remained unmoved this week while shorter notes fell some, but did little to spur on demand. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage held steady at 6.35%. The average rate on a 30-year loan was 7.12% a year ago. “Mortgage rates remained flat this week as markets await the release of the highly anticipated August jobs report,” said Sam Khater, Freddie Mac’s chief economist. “Even though rates have come down over the summer, home sales have been lackluster.” Khater noted there has been an uptick…

College still pays off, but the return on investment largely depends on your choice of major.College graduates earn 37% more than those with only a high school diploma, according to a new report by Payscale. But as the cost of a degree rises, it is increasingly important to consider both your area of concentration and future earnings potential before taking out student loans to pay for college, most experts say.Often, a good rule of thumb is not to borrow more than you expect to earn as a starting salary.More from Personal Finance:Nearly half of student loan borrowers expect debt forgivenessThe sticker price at some colleges is now…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Mega-cap surprise: The broader market was unable to hold onto its early session gains, though it traded off its worst levels of the session. The losses come despite lower-than-expected initial jobless claims and a solid expansion in the ISM services index. The Magnificent 7 stocks are curiously having a strong day with nearly every stock trading in positive territory, while healthcare is being led lower by the usually steady McKesson after…

A.G. Sulzberger, the New York Times publisher, sounded the alarm Thursday on the “quiet war” against press freedoms unleashed by authoritarians around the world and said Americans should understand the anti-media “playbook” that Donald Trump might employ in a second term. In an op-ed published by one of the Times’ main rivals, The Washington Post, Sulzberger warned that Trump and his allies have repeatedly threatened the press and said he wanted the Times “to ensure we are prepared for whatever is to come.” “My colleagues and I have spent months studying how press freedom has been attacked in Hungary —…

Copart, Inc. (NASDAQ:CPRT) Q4 2024 Earnings Conference Call September 4, 2024 5:30 PM ET Company Participants Jeff Liaw – Chief Executive OfficerLeah Stearns – Chief Financial Officer Conference Call Participants Bob Labick – CJS SecuritiesJohn Healy – Northcoast ResearchCraig Kennison – Robert W. Baird & Co.Chris Bottiglieri – Exane BNP ParibasBret Jordan – JefferiesJash Patwa – JPMorgan Operator Good day, everyone, and welcome to the Copart Incorporated Fourth Quarter Fiscal 2024 Earnings Call. Just a reminder, today’s conference is being recorded. Before turning the call over to management, I will share Copart’s Safe Harbor statement. The company’s comments today include…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HousePresident Joe Biden is set to block Nippon Steel’s acquisition of US Steel after his administration concluded that the $14.9bn transaction posed a national security risk that could not be mitigated by the US and Japanese groups.Several people familiar with the matter said the White House would prevent the acquisition of the Pittsburgh-based group on national security grounds. Biden’s decision, which is expected in the coming days, comes as Kamala Harris, the Democratic presidential nominee, steps up her campaigning…

A prospective hostage and ceasefire agreement between Israel and Hamas is 90% completed, but disputes remain over the exchange of prisoners for hostages and the redeployment of Israeli forces in Gaza, according to a senior US administration official. US officials, with Qatar and Egypt, have for months worked to broker a deal to bring an end to the nearly year-long conflict. Those negotiations have taken on new urgency following the killings of six hostages held by Hamas in Gaza. The official offered one of the most detailed looks yet at key elements of the negotiations, which spokespeople for the US…

There’s been a growing interest lately in phased retirement, as indicated by the results of several surveys. For example, more than half (52%) of pre-retirees wish to continue working in some way after they retire, according to The Retirement Outlook of the American Middle Class, a survey whose results were recently released by the Transamerica Center for Retirement Studies. However, phased retirement isn’t a “one-size-fits-all” concept. Let’s look at various ways you can transition into this new stage and how it can help you in meet your financial and life goals. What Is Phased Retirement And How Is It Different…