Author: News Room
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi authorities repeatedly warned Germany about the man alleged to have carried out Friday’s attack on a Christmas market in the east German city of Magdeburg that left five dead and dozens injured, according to German security officials.The officials said Riyadh warned the German authorities the suspected attacker, Taleb al-Abdulmohsen, a Saudi dissident who described himself as an ex-Muslim, had boasted on social media that “something big will happen in Germany”. It was unclear if police ever acted upon the warnings.Al-Abdulmohsen’s many…
This article was written byFollowYavuz Akbay is quantitative analyst with over 5 years of experience in interpreting complex financial data, developing complex mathematical models and modeling and forecasting. Utilizes machine learning algorithms to enhance financial analysis and provide accurate and timely recommendations. Yavuz holds a Bachelor of Business Administration and now continuing Master’s of Economics.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 the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation…
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…
