Author: Press Room

CAIRO (Reuters) – Egypt raised prices on a wide range of fuel products on Friday, the official gazette said, pressing ahead with a promise it made to the International Monetary Fund (IMF) more than a year ago as part of a $3 billion financial support agreement. In a letter of intent signed in November 2022, Egypt said it would allow most fuel product prices to rise to bring domestic prices more in line with those in international energy markets. It also promised to make up for a slowdown in such increases over the previous year. But it subsequently hiked prices…

By Daphne Psaledakis and Patricia Zengerle WASHINGTON (Reuters) – U.S. lawmakers are refusing to release millions of dollars in funding that Washington views as critical to help tackle spiraling violence in Haiti, in another potential stumbling block for the international force. Representatives Michael McCaul, Republican chairman of the House of Representatives Foreign Affairs Committee, and Senator Jim Risch, the top Republican on Senate Foreign Relations, have both put “holds” on $40 million requested by the U.S. State Department, warning the administration they need “a lot more details” before it gets more funding. Congressional aides said the money being held could…

Here are two very important questions I ask clients who are over 65, still employed, and considering Medicare enrollment. One: “Is your prescription drug coverage considered to be creditable?” The response is frequently a blank stare or a shoulder shrug. Two: “Have you gotten any notices from your employer about the status of your prescription drug coverage?” Once again, I get blank stares or shoulder shrugs. The wrong answer to these two questions can be very costly. Here’s what happened to one of my clients recently. Will, 73 years old, has been on his wife’s group health plan since age…

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 21, which is 0.250 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…

Student loan payments are getting in the way of building retirement savings for some, and in particular those Americans with higher salaries, according to a recent study. Americans with student loan payments contribute at a lower rate and have smaller overall balances in their 401(k) accounts than those earning the same without student loan debt, a report from the Employee Benefit Research Institute (EBRI) study said. The savings disparity is most pronounced among those who earn $55,000 or more a year. The report said that the average contribution rate among these higher earners with student loan debt was 6.1% compared to the 7.3%…

Many workers are living paycheck-to-paycheck, with about one in three citing debt as one of the main reasons why, according to a PYMNTS study. As of December, 60% of survey respondents reported living paycheck-to-paycheck. This is down slightly from 2022 when 64% of respondents lived paycheck-to-paycheck.Certain income brackets saw different changes in how far their income stretched during the pandemic. More high-income consumers found themselves living paycheck-to-paycheck at the end of 2022 — 51% reported doing so. That number went down throughout 2023, with 44% now living paycheck-to-paycheck. As the number of higher-income earners living month-by-month decreased, optimism rose for…

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 higher for 3- and 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 select a lender…

About 85% of Americans live within five miles of a CVS Pharmacy, so chances are good that you have visited one before. But you might not know all the details of the CVS loyalty program. It has two tiers of membership: ExtraCare, which is free, and ExtraCare Plus, which costs $5 per month, or $48 annually. The benefits of a free ExtraCare membership include taking advantage of sale prices, receiving custom deals designed just for you, and getting 2% back in CVS ExtraBucks Rewards. ExtraCare Plus comes with more perks, like free shipping and same-day delivery. If you are a frequent…

Veteran investor John Paulson has called allies on Wall Street to make the case that it’s time to help Donald Trump become president again.”My message is that we need to unite and stand behind President Trump. There is only one candidate that can lead us in the right direction,” he told CNBC on Monday.”It’s important to put personal differences aside and focus on what’s important: protecting our borders, immigration, crime, education, the economy, trade, and foreign policy,” said Paulson.The hedge fund founder is hosting a splashy fundraising dinner for Trump April 6 at his house in Palm Beach, Florida. But Paulson is not…

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 Monday’s key moments. U.S. stocks trended lower on Monday, kicking off a holiday-shortened trading week for Wall Street. Gains in the market were concentrated in the materials and energy sectors, while technology lagged. This is good news for Club holdings Coterra Energy and DuPont de Nemours, which are up 1.5% and 0.5%, respectively. Meanwhile, European regulators opened an investigation into Meta Platforms , Apple and Alphabet , weighing down shares of each. Jim Cramer said investors shouldn’t panic…