Author: Press Room

Student loan forgiveness hasn’t helped a swath of borrowers who say they’re still in a tight spot financially, according to a recent Wall Street Journal report. The article, published Saturday, says that, of the more than 900,000 borrowers who have had their loans forgiven either entirely or in part through the Public Service Loan Forgiveness plan – along with two million more receiving the same payoff through other programs – many borrowers are still navigating other debts or dealing with a bad credit score.”Since many weren’t making regular student-loan payments, they don’t find themselves with a new stream of cash…

Americans spend a lot of money on products and experiences to look and feel more youthful.The anti-aging market in the U.S. rose from $3.9 billion in 2016 to $4.9 billion in 2021, according to data collected by Euromonitor International.Many of the products people invest in either haven’t been proven to slow or reverse aging in humans or don’t provide long-term solutions, Dan Buettner said on a recent episode of “Ten Percent Happier with Dan Harris.”There are better, more seamless ways that you can age like the residents of Blue Zones that Buettner has studied for decades.4 daily practices of the…

Wall Street’s enthusiastic reaction Tuesday to solid earnings from Palo Alto Networks reinforced our belief that the cybersecurity stock is getting overextended. Shares advanced more than 8% to roughly $372 each in afternoon trading after Palo Alto late Monday posted better-than-expected fiscal 2024 fourth-quarter earnings and revenue, and delivered an upbeat outlook. The roughly 27% rally since Aug. 5 brings the stock just a few dollars shy of its record-high close of nearly $377 on Feb. 9, clawing back the fiscal Q2 disaster that sent shares to a 2024 low on Feb. 21. Jim Cramer described the recent move as…

The majority of Columbia students arrested during protests over Israel’s war in Gaza will be returning to school this fall. Dozens of students arrested and placed on interim suspension in the spring will return to campus and enroll in classes while awaiting disciplinary hearings. That’s according to a report released Monday by a Congressional committee investigating the school’s response to antisemitism. Among the returning students include many who were arrested during protests in late April, when the university first ask law enforcement to break up university encampments, and those who later barricaded themselves inside Hamilton Hall, one of the campus buildings also occupied during the 1968 student…

Digital Brands Group, Inc. (NASDAQ:DBGI) Q2 2024 Earnings Conference Call August 19, 2024 5:00 PM ET Company Participants John McNamara – IRHil Davis – CEO Conference Call Participants Operator Greetings. Welcome to the Digital Brands Group Second Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to your host, John McNamara of Investor Relations. You may begin. John McNamara Thank you. Good afternoon, everyone, and thank you for joining us on…

Stay informed with free updatesSimply sign up to the US equities myFT Digest — delivered directly to your inbox.Investors who slashed their equity exposure during a bout of market volatility in early August sharply increased their holdings as global stocks rebounded last week, Deutsche Bank flow data shows.In a sign of how quickly markets have recovered from the dramatic sell-off, positioning among discretionary investors — who judge when to buy or sell — last week “jumped sharply to fully recoup [the previous week’s] decline and is now well above average again”, Deutsche said in a note on Monday. Cash poured…

Kamala Harris filed paperwork Monday morning to begin planning for a potential presidential transition – a standard move for a non-incumbent candidate but also another measure of her rushed campaign launch. Former President Donald Trump announced his own transition committee last week. To lead the effort, CNN has learned that Harris is tapping the same person who ran the process for Joe Biden four years ago: Yohannes Abraham, the current Indonesia-based US ambassador to the Association of Southeast Asian Nations. Abraham and Harris worked together closely on the last transition and then when he was the first chief of staff to the National…

The IRS has issued interim guidance for a new opportunity for taxpayers created under SECURE 2.0 that allows employers to make matching contributions to retirement plans based on employees’ student loan payments. The match amount is calculated as if the employee contributed their loan amount to the plan even if they did not make any elective contributions. The reason for the legislation is simple: those repaying student loans may not be in a position to also stash funds away for retirement. That means that they’re not only missing out on retirement savings—but also the matching contribution. Under the new law,…

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 6.490% as of August 12, which is unchanged from Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.625%, which is also unchanged from Friday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3-year loans and lower 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 select a lender between August 12 and August 18:Rates on 3-year fixed-rate loans averaged 16.06%, up from 15.88% the seven days before and from 15.49% a year ago.Rates on 5-year fixed-rate loans averaged 21.23%, down from 21.80% the previous seven days and up from 19.10% a year ago. Personal…