Author: Press Room
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 6.625% as of July 29, which is unchanged from Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is 0.115 percentage points lower than Friday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
Chase Bank is urging its customers not to commit check fraud.The bank’s plea comes after this weekend a viral trend took over TikTok and X, with users being told that there was a systemwide glitch and that, if they deposited false checks in an ATM and withdrew that money soon afterward, they would be able to cheat the system and take out a large sum of cash before the check bounced.The only problem? This is not a “glitch” — it’s a check fraud scheme and those who participate will be on the hook for all the money they withdrew once the check…
With Labor Day come and gone and the summer lull on Wall Street over, the bears are getting louder just in time for the start of the worst month of the year for stocks. During Tuesday’s market rout, Jim Cramer said, “Buy the dip.” However, before buying in earnest for the Club, Cramer wants to see the overbought market, which has been that way since Aug. 19, abate. It’s going to take a lot more than a decline of 2.1% in the S & P 500 at the start of September trading to swing the Oscillator to oversold. At a…
Elon Musk’s disdain for the Democratic Party was never subtle, but in recent weeks his commentary on the upcoming US presidential election and his attacks against Vice President Kamala Harris have intensified, aided by a crude use of burgeoning artificial intelligence technology. On Monday, Musk posted an AI-generated image on his social media platform that depicted Harris as a communist, wearing a red uniform complete with hammer and sickle emblazoned hat. Musk, who has endorsed former President Donald Trump for president and poured millions into a super PAC supporting the Republican, captioned the image with the false assertion, “Kamala vows to be a communist dictator on day one. Can you believe she…
Since the initial SPAC approval, the whole focus of Trump Media & Technology Group Corp. (NASDAQ:DJT) has been the expiration of the major share lockups from the going public process. The main focus is definitely former President Trump’s shares, amounting to the majority of the company. My investment thesis remains ultra-Bearish on the stock following another weak quarter and the large share lock-up expiration in September. Source: FinvizAnother Dismal Quarter Back in early August, Trump Media released Q2’24 results without providing investors a lot of details. The social media company reported revenue slid below $1 million while expenses jumped, mostly…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseKamala Harris said US Steel should remain “American owned and American operated” during a visit to Pennsylvania on Monday, dealing the latest blow to Nippon Steel’s hopes of buying the company. Harris’s comments about a proposed foreign takeover of US Steel echo US President Joe Biden’s own opposition to the deal with Nippon Steel. However they have new significance since Harris, Biden’s vice-president, is now the Democratic nominee for president.“We will continue to strengthen America’s manufacturing sector,” Harris said at a…
A small crowd assaulted two US Marines in the port city of Izmir in Turkey on Monday, according to the US Navy. The Marines, assigned to the 24th Marine Expeditionary Unit, were on liberty in Izmir when the assault occurred Monday afternoon, the US Sixth Fleet said in a statement. Video of the assault confirmed by a US official shows several people holding the Marines by force as a speaker on the street screams loudly. One of the Marines shouts “Help!” several times, while the crowd puts a bag over the head of another Marine. The crowd then starts chanting,…
Major milestones are a good opportunity to pause, reflect, and think about where we are heading. This year is a major milestone for the retirement industry as the Employee Retirement Income Security Act of 1974 (ERISA) reaches its 50th anniversary today. ERISA is the federal law that for the first time set important standards for most voluntarily established retirement and health plans in the private sector to protect individual participants and beneficiaries. Key provisions of ERISA require plans to provide participants with essential plan information; set minimum standards for participation, vesting, benefit accrual, and funding; establish fiduciary responsibilities for those…
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 6.625% as of July 30, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…
Elon Musk-controlled satellite internet provider Starlink has told Brazil’s telecom regulator Anatel it will not comply with a court order to block social media platform X in the country until its local accounts are unfrozen.Anatel confirmed the information to Reuters on Monday after its head Carlos Baigorri told Globo TV it had received a note from Starlink, which has more than 200,000 customers in Brazil, and passed it onto Brazil’s top court.Supreme Court Justice Alexandre de Moraes last week ordered all telecom providers in the country to shut down X, which is also owned by billionaire Musk, for lacking a…
