Author: News Room

NASHVILLE — Former President Donald Trump stopped short of promising to establish an official U.S. bitcoin strategic reserve currency during his Saturday keynote speech at the biggest bitcoin conference of the year.Instead, the Republican presidential nominee pledged simply to maintain the current level of bitcoin holdings that the U.S. has amassed from seizing assets from financial criminals.”For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin,” Trump said at this year’s Bitcoin Conference in Nashville.”If I am elected, it will be the policy of my administration, United States of America,…

Read More

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 24, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Read More

Before converting a traditional IRA to a Roth IRA, residents of states with income taxes should review how their states will treat the transactions. Under federal tax law, the owner of a traditional IRA can roll over some or all of the account to a Roth IRA. The amount rolled over will be included in gross income, to the extent of its pre-tax contributions and earnings, as though it were distributed. But the amount rolled over stays in the Roth IRA to compound tax free, and eventually the account can be distributed tax free to either the owner or the…

Read More

Does Vice President Harris have a path to 270? CNN Senior Data Reporter Harry Enten walks through the multiple paths Vice President Harris has to reach 270 votes and how the electoral college map changed with Biden’s exit from the race. Read the full article here

Read More

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.At least eleven civilians were killed on Saturday after a rocket struck northern Israel, in the deadliest incident since hostilities began between the country and Lebanon-based Hizbollah last October.  The rocket struck a football pitch in the Druze town of Majdal Shams, in the occupied Golan Heights, where children and teenagers were congregating, according to Israeli health authorities. Twenty people were injured.Daniel Hagari, Israel’s chief military spokesperson, said it was the deadliest attack on Israeli civilians since Hamas’s October 7 assault that…

Read More

This article was written byFollowSeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team Read the full article here

Read More

One of the year’s most hotly anticipated movies, “Deadpool & Wolverine,” is so far delivering on its promised hype with $96 million in domestic sales in its opening night, according to Comscore data. The summer blockbuster is on track to exceed $200 million domestically for the weekend, say industry analysts. It would be a record-breaking feat for the franchise. “It is a major industry benchmark for an R-rated movie to open (at) $200 million, literally unheard of until this title,” said Daniel Loria, editorial director at Box Office Pro. The first Deadpool movie set the record for the highest grossing…

Read More

It was another tough week for the S & P 500 and Nasdaq despite Friday’s rally, which helped blunt some of the pain. The Dow and small-cap Russell 2000 were again the big winners as the rotation from market darlings to down-and-out names due for a catch-up trade continued. By sector, in this wild trading week, the S & P 500 health care index led to the upside, followed by materials, and utilities. Communication services led to the downside, followed by consumer discretionary and information technology. Looking back on the week, we got a stronger-than-expected read on second-quarter U.S. economic…

Read More

This is a developing story. Refresh for updates.NASHVILLE — Former President Donald Trump said that if he were returned to the White House, he would ensure that the federal government never sells off its bitcoin holdings. But he stopped short of proposing a formal federal reserve of digital currency.”For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin,” Trump said during his keynote speech at this year’s Bitcoin Conference in Nashville, the biggest bitcoin conference of the year.The former president’s remarks came as the race to capture the votes and the campaign cash of America’s frontline fintech adopters takes…

Read More

Every aspect of homebuying has gotten more expensive in the years since the COVID-19 pandemic. Home prices have been hitting new record highs for most months and mortgage rates are still hovering in the high 6% range. All these factors have added up to pricey down payments. The average down payment needed needed for a median-income family to afford a typical home reached $127,750, according to Zillow. Instead of the typical 20% suggested by many lenders for conventional mortgages, prospective buyers are now saddled with a 35.4% down payment in order to make an average home affordable. This down payment…

Read More