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. Based on data compiled by Credible, mortgage rates for home purchases have fallen for two key rates, risen for one rate, and remained steady for another since last Friday. Rates last updated on April 24, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a…
After the sudden end of Silicon Valley Bank in March, market participants were quick to point out the role social media played in the velocity of its failure.Now, about six weeks later, a working paper co-authored by a group of university professors digs deeper into the cause and effect of social media in the case of SVB, arguing that greater exposure to social media amplifies bank run risk and warning that other banks could face similar risks.”Communication and coordination pose a risk to banks, especially when many of the deposits in the bank are uninsured,” the academic paper says. “The…
Since the start of 2022, the highest interest rates on high-yield savings accounts (HYSAs) and certificates of deposit (CDs) have surged from nearly 1% to closer to 5%, making them a much more attractive place to put your cash.Compared to the average interest rate of 0.6% you get for checking accounts, moving money from your debit account into either one of these savings accounts can be a smart move. But which one should you choose? The answer depends on what you plan to do with the money, and when you’ll spend it. The difference between high-yield savings accounts and CDsHYSAs have…
Disney is laying off several thousand workers across the company this week in the second and largest wave of cuts as part of the media giant’s previously announced plan to slash its workforce by 7,000 employees. The latest round of job cuts will impact ESPN, Disney’s entertainment division, Disney Parks, and its Experiences and Product division as part of a larger workforce reduction plan announced in February by chief executive Bob Iger in an aim to save $5.5 billion in costs, the company said. The company had suspended its dividend payments during the pandemic, but Iger announced in February that…
Watch full video on YouTube
Markets are facing uncertainty, with Bitcoin (BTC) entering a 10th day of retracement consolidation after sustained pressure at $31,100 finally broke to the downside.Currently trading at $27,645 (representing a 24 hour change of +0.19%), Bitcoin is facing an important test of support at the ironclad $27,500 price level.Recent price action has seen Bitcoin sink below vital support from the 20 Day MA, which suggests the retracement could push deeper to test the lower supporting trend.Despite the perilous technical structure, Bitcoin’s RSI has cooled down to oversold for a number of days – currently standing at 44 – this could indicate…
Welcome back! Dan DeFrancesco in NYC, and we’ve uncovered perhaps the most-important personality test of our time. (I’d go with number five, for the record.) Today, we’ve got stories on why single-family rentals aren’t the bonanza they once were for investors, where all the billionaires live, and what bartenders really think of you.But first, you are now cleared for take off. If this was forwarded to you, sign up here. Download Insider’s app here.1. I’m leaving on a jet plane. What’s the travel schedule of the CEO of one of the most powerful banks in the world?Let me show you.Insider’s Dakin Campbell…
Elon Musk previously described Twitter’s legacy program as “deeply corrupted.” He started removing all legacy blue checkmarks this week — but it seems to have backfired. Here are some of the best memes to have come from the social-media chaos. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Twitter started removing legacy blue checkmarks on Thursday, as Elon Musk targeted what he described as a “deeply corrupted,” “lords & peasants” system.But the move seems to have backfired on the Twitter owner.He may have hoped…
Chancellor Jeremy Hunt has admitted that UK business taxes are too high but insisted the best way to lower them would be to expand the economy.Hunt defended the decision to increase corporation tax to 25 per cent in the last Budget, arguing that lowering the burden previously had not yielded the hoped-for increase in business investment.“The tax burden is too high, we would like to bring it down,” he said at the government’s Business Connect forum in London. “The way we will bring the tax burden down is though growth.”He also pushed back on calls to introduce shopping that was…
The Supreme Court said Monday that it will consider whether the First Amendment protects social media users from being blocked from commenting on the personal pages that government officials use to communicate actions related to their duties. The justices said they were taking up two cases concerning the question: one lawsuit brought against local school district officials in California and another lawsuit against a city manager in Michigan. Appeals courts have set forth different tests for determining whether blocking a social media user from commenting on a government official’s personal social media page amounts to an unconstitutional state action restricting…
