Author: Press Room

Russian operatives and propagandists are planning to “covertly use social media” in an attempt to sway public opinion and undermine support for Ukraine in swing states during the 2024 US elections, US intelligence officials said on Tuesday. “We are beginning to see Russia target specific voter demographics, promote divisive narratives and denigrate specific politicians,” an official from the Office of the Director of National Intelligence told reporters in a call conducted on the condition that the official not be named. Russia is “undertaking a whole-of-government approach to influence the election, including the presidential race, Congress and public opinion,” the official…

It probably isn’t surprising to you that taxes can be one of your biggest expenses while in retirement. Of course, this doesn’t make paying all those taxes less painful. The tax burden you bear on your retirement income can vary depending on where you live. Currently, there are just 12 states that take taxes out of your retirement income distributions. While I wouldn’t recommend someone move in retirement to save money on taxes, I would be remiss if I didn’t point out that tax planning doesn’t end once you retire. Keep reading to find the 12 states that allow you…

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. The interest rate on a 30-year fixed-rate mortgage is 7.124% as of July 2, which is 0.134 percentage points higher than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.375%, which is 0.250 percentage points higher than yesterday.  With mortgage rates changing daily, it’s a good idea to…

Many Americans plan to rely on their credit cards to finance a significant portion of their holiday travel, even if they can’t afford it, a recent survey said.  Roughly 83% plan to pay for a portion of their trip using credit cards, a new Debt.com survey said. More than a quarter (30%) expect to finance at least $5,000 of their travel expenses, and 7% said they may charge $15,000 or more, according to the Debt.com survey.  More than half of respondents (56%) will use their credit cards to earn cashback and rewards. However, 19% said they had to rely on…

Anyone out shopping for a home today knows there is still precious little for sale.The housing market is just beginning to come out of its leanest few years in history. Inventory of both new and existing homes is finally rising, but there is something suddenly strange in the numbers: The supply of newly built homes appears to be way too high.The numbers, however, are deceiving due to the unprecedented dynamics of today’s housing market, which can be traced back two decades to another unprecedented time in housing, the subprime mortgage boom.All of it is precisely why home prices, which usually…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. New highs: The broad-based S & P 500 index is on track for another record close, while the tech-heavy Nasdaq Composite gave up its early gains and was near the flatline. The mega-cap tech stocks are still in the green, but traded off their higher levels of the session. Meanwhile, the Dow Jones Industrial Average was down slightly. Powell speaks: Financials led the market and the big banks got a boost with…

Meta will now remove posts containing the term “Zionist” when used in conjunction with antisemitic tropes or dehumanizing rhetoric, the company said Tuesday, in an expansion of its current hate speech policies. The decision follows what the company described as a months-long inquiry into how the term has historically been used and how it is currently being used on social media, particularly as the war in Gaza continues. “We have determined that the existing policy guidance does not sufficiently address the ways people are using the term ‘Zionist’ online and offline,” Meta said in a blog post. “Going forward, we will remove…

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Co-Authored by Analyst Antonio Mello Thesis Throughout the last year, there has been a lot of movement through the industrials sector, with gold prices driving upward and copper volatility in particular. The sector provides for a unique investment opportunity, specifically among two competitors, as the landscape of the industry gathers speculation. We believe there is a window of opportunity to capitalize on upside potential from the market discounting Newmont Corporation (NYSE:NEM) and potential underperformance of Teck Resources (NYSE:TECK). We propose 130% long exposure to Newmont Corporation and 50% short exposure in Teck Resources as gold price forecasts suggest significant top…