Author: Press Room
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EU leaders have endorsed a second five-year term for Ursula von der Leyen as European Commission president.A majority of leaders at a summit in Brussels on Thursday night agreed to von der Leyen remaining in post, alongside choosing former Portuguese prime minister António Costa as EU Council president and Estonian prime minister Kaja Kallas as the bloc’s chief diplomat. Italian prime Minister Giorgia Meloni abstained, rather than backing von der Leyen, while Hungarian Prime Minister Viktor Orbán voted against, according to people…
Roger Federer played 1,526 singles matches throughout his career and won nearly 80% of them. However, he recently revealed that he only won 54% of the individual points within those matches. To put it another way, one of the greatest tennis players of all time barely won over half the points he played throughout his storied career. Federer’s “It’s Only A Point” revelation came at his commencement address to Dartmouth’s 2024 graduating class and serves as a helpful reminder to investors: perfection is impossible. The stock market has had plenty of bad days and will have more. No plan, strategy,…
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 6.990% as of June 3, which is 0.010 percentage points lower than Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is 0.250 percentage points lower than Friday. With mortgage rates changing daily, it’s a good idea to…
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 lower for 3-year loans and higher 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 select…
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Dear readers/followers, I’ve been covering BE Semiconductors (OTC:BESIY), or just straight ‘BESI’ for a few years at this point, and I’ve also been an active investor in the company for a few years as well. In my last article, I maintained my neutral “HOLD” recommendation for the company and clarified that I was rotating my position in the company due to overvaluation. Since that time, this stance has outperformed. The company was by the market considered overvalued and has moved sideways – up 5.44% exclusive of dividends since my last article in December, which you can find here. The market…
A trading glitch on the New York Stock Exchange earlier this month has cost Interactive Brokers $48mn after it covered trades in Warren Buffett’s Berkshire Hathaway conducted as the price plunged 99 per cent.The brokerage revealed the hit — which is not material to its earnings — on Wednesday and said it was considering its options “including any claims at law it could assert against NYSE”.Berkshire Hathaway’s A shares were among several that plummeted unexpectedly on June 3, leading to trading halts at the exchange. The conglomerate’s shares tumbled to $185 from $622,000. The shares then rocketed as high as…
Medicare beneficiaries need to know the changes taking place in in 2024 and 2025. The changes begin with the inflation adjustments for various Medicare features. The monthly basic Part B Medicare premium increased by $9.80 (or 5.94%) to $174.70 on January 1. The annual Part B deductible increased by $14 to $240. The additional Part B premiums paid by higher-income beneficiaries under the Medicare premium surtax (also known as IRMAA) rose by about 8%. The maximum total monthly premium is $594.00. That top premium will apply to individuals who had adjusted gross incomes greater than $500,000 in 2022 and married…
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 6.875% as of June 4, which is 0.115 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
