Author: News Room

Check out the companies making headlines in midday trading: GameStop — The meme stock jumped more than 25% in volatile trading amid speculation that Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer. Gill, who goes by DeepF——Value on Reddit, reappeared Sunday night, posting a screenshot of what could be his portfolio holding five million shares of GameStop common shares worth more than $100 million. He also owned a position of 120,000 GameStop call options. AMC , another meme stock, popped 10%. Both names were also among those affected…

Nearly every store has rewards credit cards available for customers, but not all the offers add up to major savings. These offers are often the “genesis” of long-term issues, one personal finance expert warns. “There’s just a trickle effect that could last maybe years for that consumer,” financial planner and “What Should I Do With My Money?” author Bryan Kuderna told Fox News Digital. “They’re like, oh, you know, I got 50 bucks off of buying that sofa that maybe I didn’t even really want in the first place, and then… you look at what that did to their financial plan.…

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 May 17, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Johnny Cash said, “Success is having to worry about every damn thing in the world, except money.” Whether in life, work, or money, the word “success” is so often used. And that’s not necessarily a bad thing. It works because of its malleability—everyone can make up their own definition. In addition to the legendary Man in Black, here are a few more classics from undeniably successful folks: “Success is liking yourself, liking what you do, and liking how you do it,” said poet, Maya Angelou. Nobel Peace Prize winner Albert Schweitzer said, “Success is not the key to happiness. Happiness…

Former President Donald Trump falsely claimed in a new interview that he didn’t make a “lock her up” call for the imprisonment of his Democratic opponent of the 2016 presidential election, Hillary Clinton. Trump, who faces the possibility of a prison sentence after he was convicted last week on 34 felony counts of falsifying business records, was asked in an interview aired Sunday on Fox News about how he had “famously said… ‘lock her up’” in relation to Clinton but did not jail her when he was president. During his answer, Trump said he had decided that imprisoning Clinton “would have been a terrible thing.”…

South Africa’s governing African National Congress admitted it had been “humbled” by its worst general election performance since the first post-apartheid vote 30 years ago, but that it would not be “bullied” into axing President Cyril Ramaphosa. The election was formally declared on Sunday night, with the ANC winning just 40.2 per cent, a result that one senior party member said had sent “shockwaves” through the organisation. In the end, 58.6 per cent of the 27m eligible voters cast their ballot.The centrist Democratic Alliance came in second with 22 per cent. But the big winner was the uMkhonto weSizwe (MK) party launched…

Introduction AirBnb (NASDAQ:NASDAQ:ABNB) has always been a unicorn in the accommodation sector, paving the way with its first mover advantage into the peer-to-peer accommodation sharing industry in 2009. Since then, it has opened up opportunities for homeowners who want to interact with travelers of various walks of life via subletting, to homeowners that own multiple properties and rent them out frequently to travelers for profit generating. With such a decentralized, authentic and versatile value proposition, it was no surprise that it entered the S&P 500 (SP500) within 3 years of its IPO (Dec 10, 2020). As 1 out of 4…

Right-wing media mogul Rupert Murdoch tied the knot Saturday for the fifth time, according to British tabloid newspaper the Sun. The Sun, which is owned by Murdoch, released photos of the 93-year-old Australian billionaire alongside his 67-year-old wife, retired molecular biologist Elena Zhukova, at his vineyard in Bel-Air, California, where the ceremony took place. Zhukova is the mother of Russian American art collector Dasha Zhukova, the former wife of Russian oligarch Roman Abramovich. Murdoch sat for decades at the helm of Fox Corporation and News Corp, two media companies with outlets that include the Wall Street Journal, the New York…

Did you have your finances totally figured out when you were 18?Almost no one does. But at 18, Darren Thedieck had some ideas about where he wanted to be, and he ended up getting a few crucial things right.Thedieck started nerding out over investing in high school, reading the likes of Benjamin Graham and Warren Buffett alongside “Stock Investing for Dummies.” By the time he joined the Air Force in 2012 at age 18, he was determined to start investing right away.As a result of steadily contributing to retirement and brokerage accounts over the years, the now 31-year-old has more…

Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March.Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed “Rubin,” ahead of the COMPUTEX tech conference in Taipei.Rubin comes months after the March announcement of the upcoming “Blackwell” model, which is still in production and expected to ship to customers later in 2024.Huang’s announcement of Rubin appears to quicken the company’s already-accelerated pace of AI chip advancement.Nvidia has pledged to release new AI chip models on a “one-year rhythm,” as Huang put it on Sunday.…