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 16, 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…

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Warner Bros. Discovery’s stock dropped on Wednesday after it reported a $9.1 billion write down on its TV networks and missed analyst estimates on revenue.Here is how Warner Bros. Discovery performed:Loss per share: $4.07. That may not compare with the 22 cent loss expected by analysts surveyed by LSEG Revenue:  $9.07 billion vs. $10.071 billion expectedThe company’s shares were down roughly 7% in aftermarket trading.This is breaking news. Please check back for updates. Read the full article here

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JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind.When asked by CNBC’s Leslie Picker if he had changed his view from earlier this year that markets were too optimistic on recession risks, Dimon said the odds were “about the same” as his earlier call.”There’s a lot of uncertainty out there,” Dimon said. “I’ve always pointed to geopolitics, housing, the deficits, the spending, the quantitative tightening, the elections, all these things cause some consternation in…

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Some Delta Air Lines passengers whose flights were canceled when the airline melted down due to a global tech outage in July have sued the airline in a class action, alleging that Delta refused or conditioned refunds to passengers as it struggled with mass cancellations. The lawsuit, which seeks class action status, is one of the first legal actions to emerge as Delta, CrowdStrike and Microsoft engage in a public battle over who is responsible — and who should foot the bill — for the widespread computer outages on July 19 that paralyzed Delta and hundreds of other companies around the…

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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

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From left, Australian defence minister Richard Marles and foreign minister Penny Wong and US counterparts Antony Blinken and Lloyd Austin speak to reporters in Annapolis © Kevin Mohatt/ReutersUS secretary of state Antony Blinken warned against further attacks in the Middle East as Washington, Israel and other allies are awaiting expected Iranian retaliation.“Everyone in the region should understand that further attacks only perpetuate conflict, instability, insecurity for everyone, further attacks only raise the risk of dangerous outcomes that no one can predict, and no one can fully control,” Blinken said, speaking after a meeting with the Australian foreign and defence ministers…

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While the American military is rallying allies to yet again help defend Israel against an expected Iranian attack, top American officials are simultaneously pressing partners to push Iran to not carry out a strike – or coordinated strikes with its proxy groups – and asking Israel for restraint to prevent a widespread war in the region. In just the past few days, President Joe Biden and his top diplomat, Secretary of State Antony Blinken, have held a flurry of calls with counterparts across the Middle East. They have each had numerous exchanges with the leaders and foreign ministers of Jordan, Qatar and…

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Weight-loss drugs have been all the news recently. There are finally medications that can help people lose weight and that is a good thing. In recent years, obesity rates have nearly doubled among older adults in the U.S. Two of every five Americans ages 65 and older are obese. Wegovy is one drug that some of my clients would like to take. However, they quickly discover that Medicare Part D drug plans do not cover it. They do not understand why they can’t get a medication that can lower their risk for so many other health problems. Three Stumbling Blocks…

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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. The interest rate on a 30-year fixed-rate mortgage is 6.625% as of July 17, 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…

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We are selling 50 shares of Procter & Gamble at roughly $169.86. Following the trade, Jim Cramer’s Charitable Trust will own 400 shares of PG, decreasing its weighting in the portfolio to 2.15% from 2.4%. In all the recent volatility, we’ve talked a lot lately about circling the wagons around high-quality companies that reported strong earnings this earnings season. Our thinking is that those stocks are the ones that have the best chance at rallying again when the market finds its footing. Historically, we would put Procter & Gamble in this camp, but the company did not report a good quarter…

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