Author: Press Room

Controversial incident reported during Trump’s visit to Arlington Cemetery Trump’s campaign says an individual interfered with a solemn visit at the invitation of families. But the cemetery says partisan political activity is not allowed at at Arlington Cemetery. Read the full article here

For years, I have said that Dr. Ruth (Ruth Westheimer) is my role model. Dr. Ruth, sex therapist, professor, and author, spent her life educating people about sexual health. I heard Dr. Ruth speak in the early 1980s and again in 2014. In fact, I went to see the documentary, Ask Dr. Ruth twice because of my admiration for her as a person and for her work. Though sex is a topic that inspires curiosity, questions, and confusion in people of all ages, in the 1980s no one was talking about it. Dr. Ruth sought to change that. She started…

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 6.375% as of August 2, which is 0.125 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.625%, which is 0.250 percentage points lower than yesterday. With mortgage rates changing daily, it’s a good idea to…

The Supreme Court of the United States (SCOTUS) denied the Biden administration’s request to lift a block on the Saving on a Valuable Education (SAVE) plan, which is designed to ease the burden of student loan debt for millions of borrowers. A federal appeals court in Missouri blocked the entire SAVE program from being enforced while litigation over the merits continues in the lower courts. The Department of Justice, which is part of the Biden administration, most recently asked the high court for emergency relief.The request went to Justice Brett Kavanaugh, who has jurisdiction over time-sensitive applications from Missouri. The…

With summer wrapping up shortly, parents are outfitting their children for the new school year. But American households are struggling to afford back-to-school items such as backpacks, clothing, school supplies and books. This struggle is leading millions of parents to carry debt to make sure their children have what they need for school.  FINANCIAL PRESSURES ARE IMPACTING BACK TO SCHOOL SHOPPING Nearly one-third (31%) of U.S. adults doing back-to-school shopping this year will go into debt to pay for it or already have, according to Bankrate’s newest Back to School Survey.  Also, this type of spending is up from 29% in 2022.…

OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.Thrive Capital is leading the round and will invest $1 billion, according to a source with knowledge of the matter who asked not to be named because the details are confidential.Earlier this year, OpenAI was valued at a reported $80 billion from $29 billion the prior year. Annualized revenue reportedly surpassed $2 billion earlier this year. Growth took off in late 2022 after the company launched its ChatGPT chatbot and has continued as it rolled out products…

Salesforce shares rose 3% in extended trading on Wednesday after the business software maker reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook.The company also said Amy Weaver, its finance chief, will step down. She will remain at the company as the CFO until a successor is appointed and, after that, will stay on as an advisor.Here is how the company did compared to LSEG consensus:Earnings per share: $2.56 adjusted vs. $2.36 expectedRevenue: $9.33 billion vs. $9.23 billion expectedThe company’s revenue grew 8% year over year during the quarter, which ended on July 31, according…

The Nvidia success rocket just keeps shooting upwards. The AI chipmaker, whose stock has helped power the market’s feverish rally this year, once again exceeded Wall Street’s expectations when it reported earnings for its fiscal second quarter on Wednesday. Nvidia reported sales of more than $30 billion in its fiscal second quarter, up 122% from the same period a year ago, and ahead of the $28.7 billion Wall Street analysts had expected. Profits from the quarter also more than doubled to $16.6 billion, up from the $15 billion analyst projection. [ORIGINAL STORY FOLLOWS] For the past few weeks, investors have…

This article was written byFollowSeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team Read the full article here

The National Football League has approved sweeping changes to its ownership policies that will allow the private equity industry to invest in teams, opening the most lucrative sports league in the US to the buyout industry for the first time.NFL owners on Tuesday gave the green light to the changes, which would allow team owners to sell minority stakes to private equity firms. It has named a handful of investment managers including Ares Management, Arctos Partners, Sixth Street and a consortium made up of Blackstone, Carlyle, CVC, Dynasty Equity and Ludis, which was founded and led by retired NFL player Curtis…