Author: Press Room

Friday April 7, 2023 – The Vote-to-Earn meme coin Love Hate Inu ($LHINU) has appointed Carl Dawkins, known for his success with Tamadoge, as CEO after raising $3 million in just over three weeks.Dawkins is well known in the meme coin world for his exploits with Tamadoge (TAMA), the successful meme-infused gaming platform.The TAMA token leaped from its initial presale price of $0.01 to an all-time intraday high of $0.173 – a 1,629% gain or 16x. It gained 10x from the exchange list price to an all-time high.He aims to repeat that coin launch achievement with $LHINU. “I’m here to beat…

Watch full video on YouTube

Watch full video on YouTube

PacWest Bancorp shares slid even after its subsidiary Pacific Western Bank raised 1.4 billion from Atlas SP Partners. The Los Angeles-based financial group said it explored the idea of raising new capital but decided against the move due to a rout in bank stocks. In a statement issued by the bank on Wednesday, Paul Taylor, Pacific Western Bank president and CEO, said the bank was encouraged by “the clear message from government officials, regulatory agencies, and industry leaders, including Secretary [Janet] Yellen’s recent remarks regarding the protection of smaller bank depositors.””As we look ahead, we have continued confidence in the…

Corporate bankruptcy petitions in the U.S. surged last month and first-quarter filings this year reached the highest level since 2010, according to new data. S&P Global Market Intelligence reported Thursday that it recorded 71 corporate bankruptcies in March, marking the fourth straight month of increases and the highest monthly tally since July 2020. In the first three months of 2023, 183 major companies announced bankruptcies, S&P Global said, which is the greatest total for the period in the past dozen years.BANKS COULD BEGIN CANCELING LINES OF BUSINESS CREDIT SOON The analysts included both public and private firms with public debt…

Inflation and rising costs are why 33% of Americans said they were struggling to get by or were in trouble financially, according to Lincoln Financial Group’s most recent Consumer Sentiment Tracker. Survey respondents also said they didn’t expect much relief from these economic hardships, with 76% saying they anticipated that inflation, market volatility and debt will worsen this year.However, 88% of respondents said they saw room to improve their finances and 45% said they believed their financial situation would get better this year.  Moreover, 53% said they planned to set financial goals for themselves this year despite the dire outlook on…

An inflation-adjusted boost to social security income and a rise in minimum wages has led to an increase in consumer spending at the beginning of 2023, according to a new Bank of America (BofA) report. Credit and debit card spending on BofA cards rose 5.1% annually in January, compared to a 2.2% annual increase the month before, the BofA Consumer Checkpoint February report stated. Monthly, customers spent 3.5% more on airlines and increased spending on restaurants and bars by 1.8%. Retail spending per household increased 1.7% year-over-year compared to 1.1% in December.  The increase in spending shows that while consumers have…

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…