Author: Press Room
Waiting for the real estate market to cool down before buying a home? There are ways to stay financially prepared. I moved to Charlotte, North Carolina from New York City, almost a decade ago for one primary reason — home affordability. Since then, I’ve bought two and sold two homes in Charlotte, and went back to renting while I wait to make my next home purchase. Except now feels like the worst time to be a home buyer since Charlotte was dubbed 2023’s hottest real estate market by Zillow. The National Association of Realtors reported the U.S. median existing home…
After months of dithering, Washington is finally beginning to grapple with the need to raise or suspend the federal debt limit. The White House has said for months it would not entertain negotiations until House Republicans laid out a coherent negotiating position. Speaker Kevin McCarthy sought to do just that on Monday with a speech at the New York Stock Exchange outlining his party’s vision and urging Wall Street titans to back him up. But it’s becoming apparent that his plan is half-baked and a backup is needed. McCarthy proposes to make steep reductions in some categories of spending in…
Want to live like a member of the Roy family? As Succession’s Season 4 continues, viewers get an even deeper glimpse into the lives of the ultra-wealthy Roy family, including their homes. While it was only on screen for a few seconds, the Manhattan penthouse of Kendall Roy at the start of Episode 4 showcased his glamorous living quarters. The new Waystar Royco CEO’s fictional home is on the market IRL for a cool $29 million. The triplex Manhattan penthouse is located in the swanky Upper East Side residential tower 180 East 88th Street, designed by Joe McMillan’s DDG. The…
You may be asked whether you want to opt into a buy now, pay later opportunity when you purchase something these days. Although it sounds enticing, you should know all the issues surrounding this type of arrangement. We’ve asked several money experts to explain the basics, so you can determine whether buy now, pay later is the best choice for you. What is buy now, pay later?Accrue Savings CEO Michael Hershfield explains that buy now, pay later allows consumers to divide their total purchase into equal payments, with the first installment due at checkout. “However, similar to a credit card,…
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. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3- and 5-year loans compared to the previous seven days. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between April 13 and…
The number of Americans filing for unemployment benefits rose more than expected last week, evidence the labor market is continuing to soften in the face of higher borrowing costs. Figures released Thursday by the Labor Department show initial claims for the week ended April 15 rose by 5,000 to 245,000. That is above the 2019 pre-pandemic average of 218,000 claims.Continuing claims, filed by Americans who are consecutively receiving unemployment benefits, also rose to 1.86 million for the week ended April 8, an increase of 61,000 from the previous week. “Weekly jobless claims came in higher than expected, and have been…
Lawmakers in the European Parliament have approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry.In a vote Thursday, the EU Parliament voted 517 in favor and 38 against to pass the Markets in Crypto Act, or MiCA. The legislation, which seeks to reduce risks for consumers buying crypto assets, will mean providers can become liable if they lose investors’ crypto-assets.The rules will impose a number of requirements on crypto platforms, token issuers and traders around transparency, disclosure, authorization, and supervision of transactions, the EU Parliament said in a statement Thursday.Platforms will be required to inform…
When Gen. Chance Saltzman took the stage for his keynote at the Space Symposium in Colorado Springs, Colorado, this week, his message was simple: The U.S. is in a new era of space activity.”The threats that we face to our on-orbit capabilities from our strategic competitors [have] grown substantially,” Saltzman, the U.S. Space Force’s second-ever chief of space operations, said in a CNBC interview after the speech. “The congestion we’re seeing in space with tracked objects and the number of satellite payloads, and just the launches themselves, have grown at an exponential rate.””I want to make sure that we are…
An employee at the Consumer Financial Protection Bureau sent confidential data about hundreds of thousands of consumer accounts to their personal email, the agency told CNN on Thursday. Approximately 14 emails included consumer personally identifiable information, or PII. The employee also sent two spreadsheets that listed names and transaction-specific account numbers related to about 256,000 consumer accounts at one institution. “The numbers are used internally by the institution, are not the consumers’ bank account numbers, and cannot be used to gain access to a consumer’s account,” the CFPB said. The Wall Street Journal first reported the incident on Wednesday. In…
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