Author: Press Room

Many first-time homebuyers approach buying a home with enthusiasm but lack the hands-on experience to know what they may face when buying a home for the first time. Nearly 41% of first-time buyers are less aware of the costs associated with owning a home, compared to 31% of buyers who have owned multiple homes, an Angi study found. First-time buyers often underestimate home maintenance and improvement costs. Plus, many don’t consider the financial burden of unexpected home emergencies.The cost of home improvements was the most surprising for study respondents, with 43% of younger homeowners ages 18 to 24 reporting being…

We are buying 70 shares of DuPont at roughly $78.14 and 85 shares of Wells Fargo at roughly $52.12. Following the trades, Jim Cramer’s Charitable Trust will own 1,385 shares of DD, increasing its weighting to 3.5% from 3.3%, and 2,365 shares of WFC, increasing its weighting to 4.00% from 3.85%. We’re nibbling on stocks again Monday afternoon to take advantage of the fear and volatility in the markets. It’s probably too soon to count on the S & P 500 Short Range Oscillator — our trusted indicator of how to act during big upswings or huge downdrafts in the…

Kristen Faulkner ended a 40-year-drought for the U.S. in the Paris Olympics — in a sport she picked up for fun six years ago.On Sunday, the 31-year-old became the first American rider to win gold in the women’s road race since Connie Carpenter did so in the 1984 Los Angeles games. Faulkner grew up hiking and rowing in Homer, Alaska, a small city on the Kenai Peninsula, and joined the women’s crew team at Harvard University, where she graduated in 2016. She didn’t start competitive cycling until 2017 when she moved to New York to work as a venture capitalist. “I still needed…

Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance. “After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” US District Judge Amit Mehta Mehta wrote in Monday’s opinion. “It has violated Section 2 of the Sherman Act.” The decision by the US District Court for the…

Introduction & Investment Thesis Duolingo (NASDAQ:NASDAQ:DUOL) is a language learning app that expanded its offerings to Maths and Music in FY23. The company has been underperforming the S&P 500 and Nasdaq 100 YTD. I had last covered the stock on May 10 after its Q1 FY24 earnings report, where I held my “buy” rating as I believed that the stock offered an attractive entry point after it beat estimates for revenue and earnings growth. Unfortunately, since then, the stock has declined over 12%, underperforming the indices. The company is due to report its Q2 FY24 earnings on August 7th, where…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rachel Reeves, chancellor, begins a three-day visit to New York and Toronto on Monday in an attempt to sell Britain as “a stable place to do business” following Labour’s election win last month.The visit aims to drum up business ahead of an international investment summit that Sir Keir Starmer, prime minister, will host in mid-October to encourage investment as part of his growth strategy. Reeves said the summit would signal that the country was a “stable place to do business” and was seeking…

Fmr. GOP Lt. Gov. Duncan: ‘Kemp has forgotten more about being a Republican than Donald Trump knows about being a Republican’ Former Republican Georgia Lt. Governor Geoff Duncan, CNN Political Commentator Ashley Allison, Republican Strategists Matt Mowers and Shermichael Singleton join CNN’s Dana Bash to break down who they think Harris should consider for her VP pick and Donald Trump’s latest attack on a GOP Governor. Read the full article here

Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all that appealing. I’d observed grandparents, great aunts and uncles, and aged family friends face a seemingly hyperbolic hill of discomfort, disease, and, ultimately, death. Sure, I wanted to live long enough to have grandchildren, enjoy some benchmark anniversaries with my spouse, have a measurable positive impact in my career and community, and check off a host of bucket-list boxes, but the notion of living, say, until 100 wasn’t a goal. Two things…

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 18, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is 0.115 percentage points higher than yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate…

Last month, data company Numbeo released its annual Cost of Living Index by City. The final ranking was determined using data from January 2024 through mid-year. The index is historical and will be updated periodically. Number used the cost of living in New York City as a baseline and gave it a score of 100. Every other city was scored based on how much more or less expensive it was compared to the Big Apple.Cities were scored across the following indexes:Cost of livingRentCost of living plus rentGroceriesRestaurant priceLocal purchasing powerThe United States has the highest number of cities ranked, claiming…