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 risen for two key terms, fallen for one term, and remained steady for another since yesterday. Rates last updated on April 19, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal…

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. During the week of April 10, 2023, average private student loan rates climbed for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 10-year variable-rate loans, but inched downwards for 5-year variable-rate loans. 10-year fixed rate: 9.05%, up from 7.65% the week before, +1.45-year…

Facebook parent company Meta started its latest round of layoffs on Wednesday as part of a previously announced effort to restructure the tech giant’s workforce by downsizing about 10,000 employees in multiple rounds of layoffs. Up to 4,000 workers may be affected by the latest round of layoffs according to reports.The latest layoffs focus on Meta’s engineering staff and workers were notified that they were being let go in emails sent early on Wednesday.  META TO LAY OFF 10,000 EMPLOYEES IN LATEST ROUND OF JOB CUTS Meta CEO Mark Zuckerberg previously indicated that the company is also planning close an…

Three Club holdings — Salesforce (CRM), Linde (LIN) and Nvidia (NVDA) — just reached their highest levels of the past 12 months, which Wall Street generally views as encouraging. At the same time, however, some investors may be wondering whether hitting a new 52-week high might signal that it’s time to take some profits. Here’s how the Club is thinking about our positions in these three stocks that reached this juncture during Tuesday’s session. Salesforce (CRM) 52-week high: $200.12 per share on Tuesday Upside to average Wall Street analysts’ price targets: 12% Year-to-date gain: 49.7% 52-week low: $126.34 back on…

Check out the companies making headlines in midday trading Monday.Abbott Laboratories — The medical device company jumped 7.8% following its earnings report. Abbott reported $1.03 earnings per share on revenue of $9.75 billion for the first quarter. Both beat Wall Street expectations, with analysts polled by FactSet anticipating 99 cents in earnings per share on $9.67 billion in revenue. The company reaffirmed its full-year adjusted earnings per share guidance of between $4.30 and $4.50, a range that encompasses the consensus estimate of $4.39.Netflix — Shares of the streaming giant fell about 4% after the company posted a small revenue miss.…

Veteran mediator Jerry Roscoe was on a relaxing river cruise from Budapest to Bucharest celebrating his 70th birthday on Sunday when he received an urgent phone call. The voice on the other end asked Roscoe if he would serve as an eleventh-hour mediator in the massive defamation lawsuit filed by Dominion Voting Systems against Fox News. The start of the trial was hours away, and Dominion planned to force Rupert Murdoch and Tucker Carlson onto the witness stand soon after opening statements, according to people familiar with the matter. As Roscoe sailed aboard the cruise ship, he didn’t hesitate to…

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Terra LUNA, the first-ever algorithmic stablecoin maker, has struggled to make a comeback since its dark days of 2022, which negatively impacted the overall valuation of crypto asset prices. In May 2022, Terra LUNA suffered some of the biggest weekly dips as its price value plummeted 99.7% in a week, as per CoinMarketCap data. The protocol saw its UST stablecoin depeg even further, pushing its value to less than 10 U.S. dollar cents, suffering massive deep from its all-time high of $120 in mid-April. Meanwhile, the project has created a new protocol with the same ethos but with the obvious absence of its UST…

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Bain is offering new MBA hires tens of thousands of dollars to delay their starts, per The Wall Street Journal. Some MBAs were offered $20,000 to become yoga instructors or go on safari. The incentives come as the consulting industry faces layoffs and a challenging economy. 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 Bain & Company is offering new MBA hires tens of thousands of dollars to delay their starts at the firm, according to a report by The Wall Street Journal.In an…