Author: Press Room
DUBLIN (Reuters) – The European Central Bank should be able to cut interest rates in June, policymaker Gabriel Makhlouf said on Friday. “My current view is that the picture should be sufficiently clearer when the Governing Council meets in June (as we will have a lot more information – particularly on wage dynamics – available in our deliberations) to give us sufficient confidence to make monetary less restrictive,” he said in a blog post on the Irish central bank’s website. The European Central Bank kept borrowing costs at a record high last week, but policymakers indicated that they were preparing…
A friend, new to Medicare, asked me whether Medicare covered annual physicals. I told him, “No, it doesn’t.” The Social Security act clearly prohibits Medicare from paying for annual physical examinations. A week later, he told me I was wrong. He found proof that Medicare does indeed cover these examinations. “Physical exams, right there, on the HHS.gov website, in the list of services that Part B covers.” (Health and Human Services is an agency of the federal government that administers health and welfare programs, including Medicare.) I replied that I wasn’t wrong, HHS just shortened the title for a preventive…
Every year, one week stands out from the rest as that perfect stretch of time when it’s great to be a home seller. This year, the week of April 14–20 is the best time to sell—that is, if sellers want to see lots of interest in their homes, sell quickly, and pocket some extra cash, according to Realtor.com® data.”The third week of April brings the best combination of housing market factors for sellers,” says Hannah Jones, Realtor.com® senior economic research analyst. “The best week offers higher buyer demand, lower competition [from other sellers], and fewer price reductions than the typical…
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. 26, 2024, average private student loan rates spiked for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 10-year fixed-rate loans and 5-year variable-rate loans. 10-year fixed rate: 8.90%, up from 7.05% the week before, +1.855-year variable rate: 7.39%,…
If you are going to be spending money anyway, you might as well earn some points when you swipe. There are several different types of rewards credit cards you can apply for. When thinking about the best one for you, look into your spending habits and pinpoint where the majority of your money is going. Then try to find a credit card that offers high rewards matching your spending.You’ll also want to think about what is most important to you. Is it a necessity that the credit card you possess has no annual fee? Maybe you don’t care about 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. 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 new report from Fidelity Investments finds that over half of Millennials and Gen Z believe they will have a harder time saving for retirement due to the higher cost of living. Fidelity’s 2024 State of Retirement Planning study found that 57% of Millennials and 56% of Gen Z believe they will have a harder time saving for retirement than their parents did due to the higher cost of living – figures that are markedly higher than the 38% of Gen X and 16% of Boomers who expressed those concerns.Respondents across generations cited higher costs from inflation, consumer debt and…
The share price of Donald Trump’s social media company jumped by more than 50% minutes after it began public trading under the ticker DJT on Tuesday morning.Trading in the Trump Media & Technology Group was briefly halted amid the rise due to volatility before it resumed around 9:40 a.m. ET. More than 6.5 million shares in Trump Media had changed hands by 9:50 a.m.The ticker debuted on the Nasdaq stock market nearly three decades after the former president used it to launch his publicly traded hotel and casino company to great fanfare in 1995.That stock was ignominiously delisted from the…
Check out the companies making headlines in midday trading. Krispy Kreme — Krispy Kreme popped nearly 30% and headed for its best day on record. McDonald’s plans to sell the company’s doughnuts at its restaurants nationwide by the end of 2026, with the initial rollout beginning later this year. McDonald’s shares were little changed. Trump Media & Technology Group — Shares of former President Donald Trump’s social media company surged 35% after it began trading on the Nasdaq . Trump Media completed its merger with shell company Digital World Acquisition Corp . on Monday. McCormick — The stock jumped 10%…
Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decadeslong antitrust case brought upon by merchants. The settlement is set to lower swipe fees merchants pay when customers make purchases using their Visa or Mastercard by $30 billion over five years, according to a press release announcing the settlement Tuesday morning. The settlement, which only applies to US merchants, is the result of a lawsuit filed in 2005. However, nothing is considered finalized until it receives approval from the US District Court for the…
