Author: Press Room
By Kelly K. James, Next Avenue During an interdepartmental Zoom meeting, a vice president asked for feedback about a video he’d produced, on a tight timeframe, to promote our company. On the video, one employee made a comment that made our company look bad. I thought she may have misspoken (and later learned she had) but I reflexively said that part of the video was “terrible.” Then I repeated myself. I’m a direct person by nature. And I could tell that by the vice president’s reaction that in this situation, that directness had been a mistake on my part —…
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 8, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.625%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…
It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September.Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy because he sees the Fed easing rates.”Investors are moving back toward dividends out of money markets, out of fixed income, but also importantly toward leveraged companies that might be rewarded by a declining interest rate environment,” the chief ETF strategist told CNBC’s “ETF Edge” this week.ALPS is the issuer of several dividend exchange-traded funds including the ALPS O’Shares U.S. Quality Dividend ETF (OUSA) and its counterpart, the ALPS O’Shares U.S. Small-Cap…
Boeing will return its Starliner capsule from the International Space Station without the NASA astronauts that it delivered to orbit in early June, the agency announced on Saturday.With Starliner coming back to Earth empty, NASA will now have astronauts Butch Wilmore and Suni Williams return via SpaceX’s Dragon spacecraft, which is expected to launch its ninth regular mission to the ISS for the agency on Sept. 24. Ultimately, Wilmore and Williams will stay at the ISS for about six more months before flying home in February on SpaceX’s Crew-9 vehicle. The test flight was originally intended to last about nine…
It’s never been harder to be Mister Softee. Once, there were more than 2,000 Mister Softee trucks in 38 states during the company’s peak in the 1960s. Now, there are only around 630 Mister Softee trucks looping around neighborhoods and parks in 21 states. Competition and rising costs are hurting sales. Counter-intuitive factors like increasingly hot weather are also denting business. And broader social trends – like the shrinking sizes of American families and even the advance of technology – play a role, too. “There’s a lot more competition, especially in New York, than there was in the 1980s and…
ULVM strategy VictoryShares US Value Momentum ETF (NASDAQ:ULVM) started investing operations on 10/24/2017 and tracks the Nasdaq Victory US Value Momentum Index. It has a portfolio of 124 stocks, a net expense ratio of 0.20%, and a 30-day SEC yield of 1.63%. Distributions are paid monthly. As described in the prospectus by Victory Capital, the fund selects companies of the Nasdaq US Large Cap 500 Index that have higher exposure to value and momentum factors. A value score is calculated based on price-to-earnings, share price-to-book value and price-to-operating cash flow ratios. A momentum score is calculated based on price returns…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Parts of the Red Sea are facing a significant pollution risk after Yemen’s Houthis blew up a crippled tanker and its crude oil cargo in the middle of the strategic waterway.The Iran-backed group on Friday posted videos showing their forces’ deliberate blowing up of the Greek-owned oil tanker Sounion, whose crew had been forced to abandon ship after a series of attacks by the Houthis on Wednesday.The EU’s Operation Aspides naval force had warned on Thursday that the drifting, abandoned vessel and…
For Vice President Kamala Harris, her Thursday night speech accepting the Democratic nomination marked one of the most high-profile moments of a rapid rise to become the first Black and Asian American woman to lead a major party’s presidential ticket. One image, however, has captured what the moment could mean for young girls. Shot by New York Times staff photographer Todd Heisler, the photo features Amara Ajagu, one of the vice president’s young grandnieces, staring on as Harris delivered her address to the convention. More so than most little girls, Ajagu can say that Harris could be the first president who looks…
By Elana Rabinowitz, Next Avenue “We call it pretirement,” a woman said while gushing about her new life in the affluent resort town of Saratoga Springs, New York. The smile on her face was impossible to hide. “Pretirement?” I asked, as if she made a verbal typo. She explained that it’s a phrase she and her spouse created to describe their new softer life as transplants to bucolic Upstate New York from the hustle and bustle of Manhattan. “Sometimes we check our calendars and if we can we kayak during lunch,” she continued. How dreamy this seemed compared to my…
Mortgage rates fell sharply this week to the lowest level in more than a year, igniting a boost in demand in the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage dropped to 6.47% this week from 6.73% last week. The average rate on a 30-year loan was 6.96% a year ago.”Mortgage rates plunged this week to their lowest level in over a year following the likely overreaction to a less than favorable employment report and financial market turbulence for an economy that remains on solid footing,” said…
