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. When you take out private loans to help fund your education, choosing between fixed- or variable-rate student loans is important, as it can impact the total cost of your loan. Most private lenders offer both options. However, the U.S. Department of Education has only made fixed-rate loans available since July 1,…
Christian Sanya’s ideal afternoon is watching Lifetime while meticulously folding laundry. She could spend hours tucking in shirt sleeves, lining up pant steams and ensuring every fold is flat, unwrinkled.By chance, she stumbled into a side hustle that allows her to do almost exactly that: She started washing other people’s clothes through on-demand laundry platform SudShare in 2019. Last year, she made $46,000 on the platform, according to documents reviewed by CNBC Make It.The earnings helped Sanya, 44 — who also makes $76,000 per year as a full-time medical laboratory technologist — and her husband open a laundromat of their…
Despite an unexpected banking crisis that had reverberations across markets and the broader global economy, equities ended the first quarter of the year on a positive note last Friday. But the first week of trading of the second quarter got off to a rocky start, forcing us to recalibrate our approach to the market. For starters, the S & P 500 Short Range Oscillator flipped to overbought territory for the start of the quarter, giving us an opportunity to scale back some of our positions and raise cash. But as the week progressed, stocks came under pressure amid signs the…
The question of whether Snoop Dogg deeply and sincerely liked some cartoon apes has become key in a federal lawsuit between the crypto empire Yuga Labs and the trollish artist Ryder Ripps. Yuga Labs v. Ripps is a fight over trademarks, but legal filings in the case are pulling back the curtain on the year of mania around the Bored Ape Yacht Club collection of non-fungible tokens (NFTs) of cartoon apes. The Bored Apes became some of the most famous NFTs after a series of celebrities said they got one. Snoop — not a plaintiff or defendant in the case…
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Legal newsSouth Korean prosecutors identified $314.2 million in illicit assets associated with Terraform Labs co-founder Do Kwon and his associates, out of which $69 million is directly linked to Kwon. He, however, converted most of the illicit funds into Bitcoin using overseas crypto exchanges, KBS reported, so the assets tied to him are not recoverable or under South Korean jurisdiction.Major US online trading platform Robinhood “will pay up to $10.2 million in penalties for operational and technical failures that…
Watch full video on YouTube
Watch full video on YouTube
St. Louis Federal Reserve President James Bullard on Thursday dismissed concerns of a credit crunch in reaction to the turmoil in the financial system following the collapse of Silicon Valley Bank and other institutions in recent weeks. Bullard said he does not expect lending standards to rise to a level that would push the economy into a recession.”It’s too soon to tell what kind of tightening we are seeing,” Bullard told reporters following his speech on the economy and monetary policy at the Arkansas State Bank Department’s Day with the Commissioner event. However, he said, “credit tightening will not tighten…
Visa Inc., MasterCard Inc., and Discover Inc., have paused their work on a plan to track when cardholders make purchases at gun stores. The payment processing companies said Thursday they have suspended their work on the International Organization for Standardization’s new merchant category code (MCC) for firearms and ammunition stores. The move was first reported by Bloomberg.Anti-gun activists have championed the adoption of a new code, which they say would flag gun sales and potentially help monitor suspicious activity that could lead to mass shootings. Gun-rights activists, on the other hand, oppose the initiative as both a violation of Second…
Most seniors (89%) are worried that the U.S. is in the grip of a retirement crisis and nearly half said they are struggling to build their savings, according to a recent survey from the American Advisors Group’s (AAG). Nearly half (47%) of the seniors surveyed rated the conditions of their retirement savings as poor and 44% said they had not saved enough to retire comfortably. Additionally, 57% said they were somewhat or not optimistic that the savings would last through retirement.Rising costs and inflation has made it hard for 40% of the respondents to make ends meet, and 47% said…
