Author: Press Room

Joe Biden launched an aggressive effort to hold on to his party’s presidential nomination on Monday, issuing a defiant letter to wavering congressional Democrats and appearing on national television to insist: “I’m not going anywhere.”Biden’s moves, including joining a strategy call for major contributors, came after his grip on the Democratic leadership in Washington continued to erode, with some senior members of his party calling for him to drop out at the weekend.The multipronged counteroffensive — hitting crucial constituencies on Capitol Hill, the left-leaning media and the donor classes — appeared part of a co-ordinated effort by the president’s team…

The highest-income households would receive more than 45% of the benefits if the expiring provisions of the 2017 Tax Cuts and Jobs Act are extended, according to an analysis released Monday by the Urban-Brookings Tax Policy Center. The tax cut law was a key accomplishment of former President Donald Trump’s first term, but the individual and certain business tax provisions are set to expire at the end of next year. Trump has promised to extend them if he is returned to the White House in November’s election. If the law’s provisions are made permanent, households making at least around $450,000…

Black and Latino workers, along with those of other or multiple races/ethnicities regularly have significantly less money in retirement savings than white workers do. This disparity results in a less secure retirement, even though they often work longer hours and careers. The retirement savings gap results, in large part, from many people of color having less access to retirement benefits at work. The overwhelming majority of people – more than 90% — will participate in a retirement plan at work if they are eligible, regardless of their racialized group. Yet, white workers are often more likely to work for employers…

Buying a home is more complex and expensive than it has been in many years. Interest rates and home prices are high, and inventory is just starting to slowly grow. To help eligible veterans and active-duty service members combat these barriers, the VA is adjusting some of its rules. Temporarily, those using VA loans can use their VA-guaranteed home loan benefits to cover real estate buyer-broker fees. Previously, this benefit could not cover these costs. This new rule adjustment starts August 10, 2024.”We always want to put Veterans and their families in the best possible position to buy the homes…

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. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3-year loans and lower for 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to…

Maddie, 29, and Paul, 33, live well in London.Although Paul recently left his job, they’re still earning $230,000 a year from Maddie’s income, the couple tells self-made millionaire and money expert Ramit Sethi on a recent episode of his “I Will Teach You to be Rich” podcast. Their last names are not used.Maddie’s high salary, along with some savvy money habits like regularly saving and investing, have helped them live comfortably even in a high-cost area like London. But they still stress about money, especially as they plan their wedding for next year.Maddie oscillates between two mindsets when it comes…

In the early days of her tennis career, Serena Williams cared so much about winning that she forgot to collect her earnings — repeatedly.Williams, 42, brought in $94.8 million in prize money as a tennis player before retiring in 2022, according to the Women’s Tennis Association. Early in her career, she nearly left a decent chunk of it behind: She was so singularly focused on her performance that she’d nearly leave cities without picking up her money, she told First We Feast’s YouTube talk show “Hot Ones” last week.”Is it true that you rarely collected your winnings your first year…

McDonald’s once poured big marketing dollars into its salads. But since 2020, greens have been off the menu. That’s because the chain has concluded that when people go to McDonald’s, they mostly want a burger and fries. “If people really want salads from McDonald’s we will gladly relaunch salads,” said Joe Erlinger, the president of McDonald’s USA, in a June interview at the Wall Street Journal’s annual Global Food Forum. “But what our experience has proven is that’s not what the consumer’s looking for from McDonald’s,” he added. “They’re looking for great french fries, they’re looking for a $5 meal…

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