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 are mixed with two key rates holding steady and two key rates falling since yesterday. Rates last updated on April 13, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace,…
The number of Americans filing for unemployment benefits rose more than expected last week, evidence the labor market is beginning to soften in the face of higher borrowing costs. Figures released Thursday by the Labor Department show initial claims for the week ended April 8 rose by 11,000 to 239,000. That is above the 2019 pre-pandemic average of 218,000 claims.Continuing claims, filed by Americans who are consecutively receiving unemployment benefits, fell slightly to 1.81 million for the week ended April 1, a decrease of 13,000 from the previous week. MAJORITY OF WORKERS REGRET QUITTING DURING ‘GREAT RESIGNATION’ The labor market…
Donald Trump said he is being deposed Thursday in New York City as part of the state attorney general’s $250 million civil lawsuit alleging widespread fraud by the former president and his company.Trump announced on social media overnight that he had “just arrived in Manhattan for a deposition in front of” New York Attorney General Letitia James as part of the sweeping lawsuit.In another post Thursday morning, Trump said he was “heading downtown” to be deposed. He accused James of leaking that the appointment was scheduled at 9:30 a.m. ET.His trip marks the second time in less than two weeks…
If you’re a job seeker, here’s a piece of advice you likely won’t hear from anyone else: Never ever ask an employer what their remote work policy is during the job interview.Before you say, “OK, boomer. Times have changed!”, know that I’m actually a firm believer in hybrid and remote work. It removes much of the pointless face time and unnecessary friction of office life. Plus, people who have more agency in their lives are generally happier.But it’s time to face reality. As the Federal Reserve continues its rate-hiking campaign to tame inflation, millions of jobs could be at risk…
US inflation at the wholesale level continued its downward slide in March with annualized price increases sinking dramatically to 2.7% from an upwardly revised 4.9%, according to the Producer Price Index released Thursday by the Bureau of Labor Statistics. It’s the lowest annual level for the key inflation gauge since January 2021. On a monthly basis, producer prices slumped by 0.5%, driven by falling goods prices, specifically lower energy prices. Prices for fresh and dry vegetables also fell, while the price indexes for categories such as light motor trucks, chicken eggs and meats moved higher. Economists were expecting annual inflation,…
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One of the pressing issues facing the planet today is global garbage generation, fueled by population growth, urbanization, economic development, and consumer behavior.As noted by UNEP, current waste management techniques are ineffective, given that only 20% of waste is recycled annually and millions of tons of waste are dumped in landfills, hazardous open dumps, and oceans.Ecoterra, a new cryptocurrency project, aims to support the fight against climate change by simplifying recycling.This cutting-edge platform employs a novel recycle-to-earn (R2E) model that encourages users to participate in waste product recycling.The nascent project has raised over $604,795 in funding in just a few…
Salt Labs is a fintech that wants to help hourly workers build wealth. Jason Lee, founder of DailyPay and a former managing director at Goldman Sachs, founded the startup in 2022. Salt Labs used this 13-page pitch deck to raise a $10 million pre-seed round. This fintech is helping hourly-wage workers build wealth through a rewards points system.Salt Labs is a loyalty and payments financial-technology company. The startup just launched its app, Salt, which allows hourly employees to earn points, called “Salt,” for every hour they work. Salt can be redeemed for goods and experiences, including wealth-building resources like savings…
When a BBC reporter tried to end an interview with Elon Musk several times, Musk kept talking. Musk talked for 30 extra minutes and took questions from Twitter users despite being “pressed for time.” The impromptu interview covered a range of topics from Twitter layoffs to Musk’s sleeping habits. 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 Elon Musk ignored a reporter’s requests to end an interview several times and continued talking for 30 more minutes late Tuesday night.The Twitter owner sat down for…
Intro We wrote about Fluor Corporation (NYSE:FLR) in mid-2021 when we stated that the company’s bullish forward-looking fundamentals at the time needed to finally make themselves known in the stock’s financials. The reason being is that Fluor’s operating cash flow at the time was coming in negative as the company continued to feel the brunt of the Covid-19 pandemic. Suffice it to say, with book value falling, management was grappling with how to invest as efficiently as possible while at the same time cutting costs to the bone in order to protect the financials. This is a difficult task even…
