Author: Press Room

An increasing number of borrowers who filed cases seeking student debt discharge are successfully receiving debt relief through bankruptcy after a policy change by President Joe Biden’s administration, according to the Department of Education. A total of 588 people filed cases seeking student debt discharged through bankruptcy between October 2023 and March 2024 — a 36% increase from the prior six-month period. Also, a total of 1,220 cases were filed from November 2022 through March of this year. This trend is expected to continue, the Education Department said in a statement.   In filed cases, 96% of all borrowers are voluntarily using…

Sen. Bob Menendez, the New Jersey Democrat convicted last week in a federal bribery case, will resign his Senate seat effective Aug. 20, he said in a letter.Menendez said last Wednesday that he would quit the Senate as a result of his criminal conviction, but he had not given a date. New Jersey Gov. Phil Murphy, who is also a Democrat, will appoint a senator to fill out the brief remainder of Menendez’s term.Menendez was found guilty of all 16 criminal counts on July 17 in Manhattan federal court in a case where he was accused of accepting bribes, which…

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. Stock spotlight: The S & P 500 inched higher Tuesday despite a couple of early attempts at a bigger rally. One could say Wall Street is in wait-and-see mode ahead of earnings from the megacap tech stocks that start after the bell with Club holding Alphabet . Or is the market waiting for the release of the Federal Reserve’s favorite inflation gauge Friday? Whatever the case, we don’t mind the choppy…

Overstock.com, which was one of the biggest names in e-commerce, is being revived just a year after its new owners ditched the name in favor of Bed Bath & Beyond. The relaunched Overstock.com sells a lot of stuff similar to its previous incarnation, including indoor and outdoor furniture, home improvement tools and jewelry, but with a bigger emphasis on closeout and liquidation deals. Its sister site will still use the Bed Bath & Beyond name and continue to operate with a refined focus on home goods and as a destination for registries for weddings and other life events. In June…

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Simpson Manufacturing Co., Inc. (NYSE:SSD) Q2 2024 Earnings Conference Call July 22, 2024 5:00 PM ET Company Participants Kim Orlando – IR, ADDO Investor RelationsMike Olosky – President & CEOBrian Magstadt – CFO Conference Call Participants Daniel Moore – CJS SecuritiesTim Wojs – BairdKurt Yinger – D.A. Davidson Operator Greetings and welcome to the Simpson Manufacturing Company’s Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host,…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS vice-president Kamala Harris may be the undisputed frontrunner for the Democratic party’s presidential nomination, but despite being in the public eye for decades her position on some key policy areas is unclear. Harris was first elected as district attorney of San Francisco in 2003. She later served as attorney-general of California before being elected to the US Senate in 2017. She ran a shortlived presidential campaign of her own before being selected as Joe Biden’s running mate in…

What do polls tell us about a Trump v. Harris matchup? President Joe Biden has dropped out of the 2024 race, and there’s one question on a lot of people’s minds: Can Vice President Kamala Harris secure the Democratic nomination and go on to beat former President Donald Trump in the fall? CNN’s Harry Enten looks at the data. Read the full article here

Falls are now the leading cause of injury and death among older adults (65+) in the U.S. They are the cause of just under 75 deaths per day. Emergency medical services (EMS), most often accessed through 911 calls or by calls to a local fire department, report that 17% of calls for help at home by people over 65 are related to falls. Moreover, 50% of what are known as “lift assist” calls result in a second call within two weeks. These statistics have taken a sharp rise in the last 10 years as our population ages. And these calls…

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 21, which is 0.250 percentage points higher than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.000%, which is 0.010 percentage points higher than yesterday.  With mortgage rates changing daily, it’s a good idea to…