Author: Press Room

For the first time since 2006, the Centers for Medicare and Medicaid (CMS) didn’t release next year’s projected premiums and other data for Medicare Part D policies in July. Instead, the CMS has been reworking the program to keep Part D 2025 premiums from rising substantially, increases that would be announced around election time. Significant changes were made to Part D in recent laws. Beginning in 2025, out-of-pocket prescription drug spending for Part D policyholders will be limited to $2,000. But insurers and drug manufacturers will pay most of the cost of that benefit, which means Part D premiums are…

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. During the week of Sept. 16, 2024, average private student loan rates spiked for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 5-year variable-rate loans and dropped for 10-year fixed-rate loans. 10-year fixed rate: 7.99%, down from 8.57% the week before, -0.585-year variable rate:…

Stitch Fix, Inc. (NASDAQ:SFIX) Q4 2024 Earnings Conference Call September 24, 2024 5:00 PM ET Company Participants Hayden Blair – Investor RelationsMatt Baer – Chief Executive OfficerDavid Aufderhaar – Chief Financial Officer Conference Call Participants Youssef Squali – Truist SecuritiesDana Telsey – Telsey Advisory GroupAneesha Sherman – BernsteinMaria Ripps – Canaccord GenuityAlexander Vasti – William BlairMauricio Serna Vega – UBS Operator Good afternoon, and thank you for standing by. Welcome to the Fourth Quarter Fiscal Year 2024 Stitch Fix Earnings Call. At this time, all participants will be in a listen-only mode. After the speakers presentation you will be invited…

Hizbollah on Tuesday evening confirmed Israel had killed one of its top commanders, Ibrahim Qobeissi, in an air strike that rocked the southern suburbs of Beirut on Tuesday.Lebanese authorities said six people were killed and 15 injured in the attack that targeted Qobeissi, the head of the Iran-backed militant group’s missiles division.“Qobeissi was a significant source of knowledge in the field of missiles and had close ties to senior military leaders in Hizbollah,” the Israel Defense Forces said, naming him as head of the group’s missiles and rockets force.Tuesday’s strike marks the latest in a string of killings of senior…

There are things in life that are not a matter of opinion. They are a matter of math. We do not believe that financial decisions, whether they are about Roth IRA conversions, a snowbird lifestyle, or a gifting program for your children and grandchildren, should be based on an inclination or an unexamined “gut feeling.” Financial decisions should be based on a combination of goals and math. That isn’t to say ignore your gut, either do the math yourself or get professional help and then decide. If no one “runs the numbers” and you make critical financial decisions based on…

AAR Corp. (NYSE:AIR) Q1 2025 Earnings Conference Call September 23, 2024 5:00 PM ET Company Participants John Holmes – Chairman, President and CEOSean Gillen – Chief Financial Officer Conference Call Participants Scott Mikus – Melius ResearchMichael Ciarmoli – Truist SecuritiesKenneth Herbert – RBC Capital MarketsLouie DiPalma – William Blair Operator Good afternoon, everyone, and welcome to AAR’s Fiscal 2025 First Quarter Earnings Call. We’re joined today by John Holmes, Chairman, President, and Chief Executive Officer; and Sean Gillen, Chief Financial Officer. Before we begin, I’d like to remind you that the comments made during the call may include forward-looking statements…

China’s demand that the public sector step up use of domestic semiconductors can best be seen within Huawei’s Qingyun L540 laptop.The “safe and reliable” device features a self-designed processor and a Chinese-made operating system, having stripped out foreign-made components and software as much as possible.The computer, which is being snapped up by governments and state groups across the country, has become the signature model of China’s localisation campaign known as Xinchuang, or “IT application innovation”.For decades, Chinese officials have dreamt of creating a domestic tech supply chain, especially in building-block components like semiconductors. Progress was slow. But Washington’s ratcheting embargo on…

After years of favoring online and telephone scams, a number of crooks are drifting back to old-fashioned theft involving paper checks. In the last year, a number of individuals, including employees of the U.S. Postal Service, have been arrested or indicted for stealing paper tax refund checks. Over $3 million of such check thefts were discovered in one New York congressional district. Also, there’s been an increase in reported thefts of tax refund and Social Security benefit checks around the country. Congressional representatives in New York and Georgia have asked the IRS and USPS inspectors general to fully investigate the…

This article was written byFollowJustin Law has a Ph.D in Chemistry from Rice University and has earned the CFA Institute Investment Foundations certificate. He applies his knowledge to deep value and dividend paying stocks.Justin is a contributor to the investing group The Dividend Kings where he curates the Dividend Champions list, a monthly publication of companies with a history of consistently increasing their dividends. The Dividend Kings is a group of analysts teaching individuals how to invest more wisely in dividend stocks. Learn More.Analyst’s Disclosure: I/we have a beneficial long position in the shares of SRE, MDT, DOX, ELV, FNF,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mexico’s ruling party chose the son of President Andrés Manuel López Obrador for a senior role on Sunday, in a sign the leftist leader will continue to influence public life after he steps down.López Obrador is in his final weeks of a six-year term that has polarised Mexican politics and concentrated legislative power in his party. His handpicked successor, former Mexico City Mayor Claudia Sheinbaum, will replace him as president in October.In a conference centre in the capital on Sunday, Sheinbaum and…