Author: Press Room

Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all that appealing. I’d observed grandparents, great aunts and uncles, and aged family friends face a seemingly hyperbolic hill of discomfort, disease, and, ultimately, death. Sure, I wanted to live long enough to have grandchildren, enjoy some benchmark anniversaries with my spouse, have a measurable positive impact in my career and community, and check off a host of bucket-list boxes, but the notion of living, say, until 100 wasn’t a goal. Two things…

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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 6.625% as of July 18, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is 0.115 percentage points higher than yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate…

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Last month, data company Numbeo released its annual Cost of Living Index by City. The final ranking was determined using data from January 2024 through mid-year. The index is historical and will be updated periodically. Number used the cost of living in New York City as a baseline and gave it a score of 100. Every other city was scored based on how much more or less expensive it was compared to the Big Apple.Cities were scored across the following indexes:Cost of livingRentCost of living plus rentGroceriesRestaurant priceLocal purchasing powerThe United States has the highest number of cities ranked, claiming…

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Vice President Kamala Harris’ campaign on Sunday flaunted over two dozen presidential endorsements from Republican party members, including some who served in former President Donald Trump’s administration.Nearly 30 GOP members were cited as part of the new “Republicans for Harris” initiative launched Sunday. These include Stephanie Grisham, former White House press secretary under Trump, and national security official Olivia Troye — who worked as Vice President Mike Pence’s national security advisor. Chuck Hagel and Ray LaHood, Republican cabinet members under President Barack Obama, were also listed.By publicly defecting on the Republican presidential nominee, these officials leave a target on their back for…

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Sometimes, technology doesn’t fulfill its promise. But, other times, it isn’t the tech that let’s you down, it’s the people using it. So one electric vehicle charging company company is experimenting with cutting off people who linger, attempting to “fill ‘er up.” Recently, I drove a new Chevrolet Blazer EV from New York City to Bristol, Pennsylvania. I figured the drive down to Bristol with my family would take about 90 minutes and, since I didn’t start with a full battery, the return trip would take 15 to 20 minutes more with a stop along the way to charge up…

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The Hanover Insurance Group, Inc (NYSE:THG) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Oksana Lukasheva – Senior Vice President of Corporate FinanceJohn Roche – Chief Executive Officer & PresidentJeff Farber – Chief Financial OfficerRichard Lavey – Executive VP & President of Hanover Agency MarketsBryan Salvatore – Executive VP & President of Specialty Conference Call Participants Michael Phillips – OppenheimerMike Zaremski – BMOPaul Newsome – Piper SandlerGrace Carter – Bank of AmericaMeyer Shields – KBWBob Farnam – Janney Operator Good day, and welcome to the Hanover Insurance Group’s Second Quarter Earnings Conference Call. My name…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Julien Alfred of St Lucia won the women’s 100 metres at the Paris Olympics in a national record of 10.72 seconds, upsetting world champion and fastest woman in the world this year Sha’Carri Richardson of the US who had to settle for silver.Alfred, 23, became the first athlete from the tiny Caribbean nation of 168,000 inhabitants to win an Olympic medal. Richardson suffered a poor start in pouring summer rain, but rebounded in the final metres to claim second place in 10.87…

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Conventional wisdom regarding Traditional IRA’s is to not take distributions from your Traditional IRA because you will have to pay tax on it. Let the assets in your Traditional IRA continue to grow tax deferred and take distributions based on the IRS Required Minimum Distribution rules (RMD’S). Another strategy is to convert your Traditional IRA to a Roth IRA. This is a hot topic and there is a lot of information today from advisors and the internet in relation to a Roth conversion. There are many good reasons to make a Roth conversion. Those reasons include: Minimizing income tax Possible…

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Between commission fees and moving costs, home sellers said they spent more than expected to secure a home sale this year, according to a Clever Real Estate survey. On average, sellers spent $54,616 to sell their homes, with 42% reporting that the costs exceeded their expectations, the survey said. The biggest expense was on listing agent and buyer’s agent commission fees. Sellers spent an average of $21,603 on these fees in addition to $10,000 on repairs, $8,000 on closing costs and $7,200 on concessions. Moving expenses added an extra $3,250 to the bill. Sellers also spent an average of $4563…

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