Author: News Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A fresh outburst of violent disorder broke out in several English towns and cities on Sunday, further escalating the most widespread far-right violence in the UK for years.The unrest is the first big test for the Labour government, which took office last month after 14 years in opposition. It has been fuelled by a torrent of Islamophobic and anti-immigrant disinformation spread on social media since a mass stabbing in Southport near Liverpool last week.Far-right influencers falsely blamed the attack, in which three…

At the start of the year, I wrote an article about how Vitesse Energy (NYSE: VTS), a company which owns working interest in thousands of wells in Montana and North Dakota, is an interesting value play with a high dividend yield. I wrote that there was an opportunity for the already high-yielding company to increase its dividend going forward. It turns out that came to pass, as in May the company increased the dividend per quarter from 50¢ to 52.5¢, an increase of 5%. The ability to keep increasing is somewhat limited by the company’s revolving credit facility, but as…

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…

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…

A political action committee backed by billionaire Elon Musk is being investigated by the Michigan secretary of state’s office amid efforts to collect voter data.Musk, the CEO of Tesla and SpaceX, has said he created and helped fund the America PAC, which is supporting former President Donald Trump. Musk has a net worth of over $225 billion, according to Forbes.The committee has been acquiring detailed voter information from those living in Michigan and other battleground states after people submit their personal data through a section on the PAC’s website that says “register to vote.”After clicking on the “register to vote”…

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…

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…

Ex-Trump White House official: It would be a disaster for Trump if he doesn’t debate Harris Former Trump White House communications director Anthony Scaramucci says that Republican presidential nominee Donald Trump will definitely choose to debate presumptive Democratic presidential nominee Vice President Kamala Harris because Trump knows it will be a disaster for him if he doesn’t. Read the full article here

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…

Patrick Industries, Inc. (NASDAQ:PATK) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Steve O’Hara – VP, IRAndy Nemeth – CEOJeffrey Rodino – PresidentAndrew Roeder – EVP, Finance, CFO, and Treasurer Conference Call Participants Daniel Moore – CJS SecuritiesMichael Swartz – Truist SecuritiesCraig Kennison – BairdScott Stember – ROTH MKMNoah Zatzkin – KeyBanc Capital MarketsTristan Thomas-Martin – BMO Capital Markets Operator Good morning, ladies and gentlemen, and welcome to Patrick Industries Second Quarter 2024 Earnings Conference Call. My name is Rob and I’ll be your operator for today’s call. At this time, all participants are in…