Author: News Room
Helping aging parents can be a difficult journey as they age. Some elders are relatively simple, though always work, while other families experience a minefield with their parents. Some aging parents have always been manipulative in their lives. It can get worse with aging, when they expect more as their needs increase. Those with substantial assets can use threats of disinheriting their kids to try to force them into doing their bidding. Adult children may feel trapped, stressed, emotionally drained, and overwhelmed. If they do what the aging parent demands, they are angry at being manipulated. If they don’t obey,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Qualcomm claimed victory over Arm after a US jury largely ruled in its favour on Friday in a long-running dispute over its acquisition of chip company Nuvia in 2021.Arm vowed to seek a retrial, however, because of what it called a “deadlock”, as jurors failed to reach a decision on one of the three questions they were asked to answer — setting the stage for more litigation or a potential settlement.After the jury delivered its partial verdict on Friday, the Delaware federal…
This article was written byFollowWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has been quoted in many web publications and his articles are syndicated to company pages in popular trading apps like Robinhood.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within…
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.72%, up from last week’s reading of 6.6%. The average rate on a 30-year loan was 6.67% a year ago. “This week, mortgage rates crept up to a similar average as this time in 2023,” said Sam Khater, Freddie Mac’s chief economist. “For the most part, mortgage rates have moved between 6 and 7 percent over the last 12 months. Homebuyers are slowly…
Ask family caregivers what sort of government support they want and their answer is clear: They want upfront cash. Not bigger future Social Security benefits. Not respite care or tax credits, not paid family leave, or even reimbursement for out-of-pocket costs. They want cash. That, at least, were the preferences of participants in four focus groups described in a new research paper by Marc Cohen and colleagues for the Center for Retirement Research at Boston College. Forty-four percent of the participants favored cash payments. The next-most-popular idea was reimbursement of caregiving costs. But it was favored by only about a…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe US Congress has just 24 hours to find a deal to keep the government open after the House voted down a funding bill on Thursday night despite support from Donald Trump, who scuppered a first version of the legislation a day ago.The 174-235 vote tees up a race by House Republicans to approve the new bill, which would extend government spending to March 14, send billions of dollars to communities devastated by natural disasters and suspend the debt limit…
FedEx Corporation (NYSE:FDX) Q2 2025 Results Conference Call December 19, 2024 5:30 PM ET Company Participants Jeni Hollander – VP of IRRaj Subramaniam – President and CEOBrie Carere – EVP and Chief Customer OfficerJohn Dietrich – EVP and CFO Conference Call Participants Chris Wetherbee – Wells FargoKen Hoexter – Bank of AmericaAri Rosa – CitigroupJordan Alliger – Goldman SachsDaniel Imbro – Stephens IncJason Seidl – TD CowenConor Cunningham – Melius ResearchBrian Ossenbeck – JPMorganBrandon Oglenski – BarclaysBruce Chan – StifelJon Chappell – Evercore ISIScott Group – Wolfe ResearchTom Wadewitz – UBSDavid Vernon – Bernstein Operator Good day, and welcome to…
Two student loan repayment plans have been reopened for enrollment by the Department of Education (DOE) following a federal court injunction against the Biden administration’s Saving on a Valuable Education (SAVE) program. New enrollment in the Pay As You Earn (PAYE) and Income-Contingent Repayment (ICR) plans programs was halted last summer in an attempt to phase them out and encourage borrowers to sign up for the Biden-Harris administration’s SAVE plan, but now people can sign up once again.”The Department continues to defend in court the authority to cut payments for borrowers with high debts and low incomes through the…
The Federal Reserve just cut interest rates one more time this year. In their recent meeting, the Fed decided to cut rates by a quarter of a percentage point, dropping rates to 4.25% to 4.5%. This move was largely expected by economists. The Fed cited indicators of an expanding economy and an easing labor market after its other rate cuts. This is the third time rates have been cut this year, but economists don’t expect as many cuts in 2025.”The median member now expects that there will only be two cuts in 2025 and that the federal funds target will…
By Lin Grensing-Pophal, Next Avenue Mary has worked in marketing at a major health care organization that is committed to promoting from within and has a leadership development program that invites 20 people across the organization each year. Mary has yet to be invited, despite often telling her manager that she was very interested. Is she being overlooked because she is 59 or something else? It’s hard to say. Organization leaders, including those in HR, are quick to deny inherent, or implicit, bias against older workers. Yet there is research to indicate that older workers may be considered for fewer…
