Author: Press Room
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…
Israeli Prime Minister Benjamin Netanyahu on Monday pushed back against a new wave of pressure to reach a cease-fire deal in Gaza after hundreds of thousands of Israelis protested and went on strike and U.S. President Joe Biden said he needed to do more after nearly 11 months of fighting.In his first public address since Sunday’s mass protests showed many Israelis’ furious response to the discovery of six more dead hostages, Netanyahu said he will continue to insist on a demand that has emerged as a major sticking point in talks — continued Israeli control of the Philadelphi corridor, a…
Linda Deutsch, a special correspondent for The Associated Press who for nearly 50 years wrote glittering first drafts of history from many of the nation’s most significant criminal and civil trials — Charles Manson, O.J. Simpson, Michael Jackson, among others — died Sunday. She was 80. Deutsch was diagnosed with pancreatic cancer in 2022 and underwent successful treatment, but the cancer returned this summer. She died at her Los Angeles home, surrounded by family and friends, said nurse Narek Petrosian of Olympia Hospice Care. AP chief United Nations correspondent Edith Lederer was among those with Deutsch at the end. They…
Last week, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) gave initial guidance based on the read through from the global outage caused in July. The cybersecurity specialist cut guidance, but the market cheered the limited impacts to the business so far. My investment thesis remains ultra-Bearish on the stock trading at an extreme valuation, with customers already pushing back on signing new deals. Source: Finviz Focus On FQ3 Guidance Back on July 19, CrowdStrike caused a global outage, impacting at least 8.5 million devices of customers using Microsoft (MSFT) via a Channel File 291 incident. Most customers were back online within hours and…
The Alternative for Germany has won elections in the eastern region of Thuringia, the first time a far-right party has secured victory in a state poll in the country’s postwar history. According to preliminary results, the AfD garnered 32.8 per cent in Thuringia, way ahead of all other parties. The centre-right Christian Democratic Union (CDU) was in second place with 23.6 per cent.In the neighbouring state of Saxony, projections by public broadcaster ZDF put the two parties neck and neck, with the CDU projected to win 31.9 per cent and the AfD to come second with 30.6 per cent.Tino Chrupalla,…
Ahead of the presidential face-off, our panel set the stakes for the upcoming debate CNN Senior Political Commentator Scott Jennings, CNN Political Commentators Karen Finney and Shermichael Singleton, and former Special Assistant to President Biden Meghan Hays join CNN’s Dana Bash to preview the presidential debate and Donald Trump’s changing position on reproductive rights. Read the full article here
