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 15, which is unchanged from Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from Friday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Mixed Markets: The S & P 500 is trying to finish the week out on a higher note after fluctuating between gains and losses for a good chunk of the session. By midafternoon, though, the index was solidly in the green — and, improbably, briefly entered into positive territory for the week despite Monday’s global stock rout. Unlike Thursday’s rally on the lower than expected jobless claim data, which helped the…

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Trump’s plan could move insolvency for Social Security, including the disability program, up two years, from 2035 to 2033, according to the Tax Foundation. Insolvency for Medicare could move up six years, from 2036 to 2030.”President Trump delivered on his promise to protect Social Security and Medicare in his first term” and will “continue to strongly protect Social Security and Medicare in his second term,” Trump campaign national press secretary Karoline Leavitt said in a statement.She said Trump will boost the U.S. economy and strengthen Social Security, “all the while eliminating taxes on Social Security for America’s well-deserving seniors.”Cutting tax…

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Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck. The layoffs will be effective as early as Oct. 8, the company said, as the plant moves from a two-shift to a one-shift operating pattern in general assembly. Production of the Jeep Wagoneer at the same facility will remain on two shifts, the company said. As production of the Ram 1500 Classic winds down later this year, the company is shifting focus to the Ram 1500 Tradesman truck, produced…

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Unity Software Inc. (NYSE:U) Q2 2024 Earnings Call Transcript August 8, 2024 5:00 PM ET Company Participants Daniel Amir – VP and Head of IRMatt Bromberg – CEOLuis Visoso – CFO Conference Call Participants Clark Lampen – BTIGMatt Cost – Morgan StanleyRoss Sandler – BarclaysGili Naftalovich – Goldman SachsDylan Becker – William BlairParker Lane – StifelJosh Tilton – Wolfe Daniel Amir Welcome to Unity’s Second Quarter 2024 Earnings Call. My name is Daniel Amir, VP and Head of Investor Relations. After the closing of the market today, we issued our shareholder letter. That material is now available on our website…

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Stay informed with free updatesSimply sign up to the Media myFT Digest — delivered directly to your inbox.Two of America’s biggest television companies have admitted that their cable channels are worth $15bn less than they had thought, highlighting the accelerating collapse of what had once been one of the most lucrative businesses in media history. Paramount on Thursday wrote down the value of its cable channels — which include MTV, Nickelodeon and Comedy Central — by $6bn. This came just 24 hours after Warner Bros Discovery wrote off $9bn of the value of its cable channels, including CNN, HGTV and…

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Newly selected Democratic vice presidential candidate Minnesota Gov. Tim Walz is facing scrutiny over his military service record, with critics, including his Republican rival Sen. JD Vance, accusing Walz of falsely suggesting he saw combat during his time as an Army reservist. It’s not the first time Walz has encountered such criticism. A CNN KFile review reveals that similar accusations were made in 2006, during Walz’s first run for Congress. That year, multiple letters to his local paper in Mankato, Minnesota, accused him of making misleading statements about his service, including whether he had served in Iraq or Afghanistan. Walz…

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It’s a common problem these days, with nearly one in seven older people diagnosed with some kind of dementia. These folks lose their financial judgment early in the process of cognitive decline. Caring family members get alarmed, and try to reason with their impaired elder. That leads to conflict, as reason fails. Is there a solution? Here at AgingParents.com, we hear about this most often when the elder is in their 80s. The adult child seeks advice after discovering that Mom or Dad is getting ripped off by someone, or an institution, or they are wildly spending beyond their means.…

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Americans still believe in homeownership, but high home prices, soaring borrowing rates and misconceptions about the homebuying process keep many from achieving their goal, a recent survey said. The majority of Americans (83%) consider homeownership an essential life milestone and 40% think about it at least once a week, according to the KB Home survey. Moreover, 58% are prepared to spend less on non-essentials to save for a downpayment and 45% would even consider a side hustle to earn extra income to achieve their goal. Nearly 50% of Americans want a home for privacy reasons, while 44% said they considered buying…

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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…

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