Author: News Room
President Joe Biden’s national security adviser Jake Sullivan convened for the first time this week an in-person meeting of ambassadors and chiefs of mission representing countries whose citizens were taken hostage by Hamas on October 7, CNN has learned, as a ceasefire and hostages release deal remains stalled. Sullivan met with representatives from 17 nations: Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Hungary, Poland, Portugal, Romania, Serbia, Spain, Thailand and the United Kingdom, according to a US official and senior administration official familiar with the meeting. Those 17 countries, along with the United States, have citizens whom Hamas took…
Stay informed with free updatesSimply sign up to the Russian politics myFT Digest — delivered directly to your inbox.Vladimir Putin and Xi Jinping on Thursday vowed to work together against what they said was “destructive and hostile” US pressure and to deepen the ties that have sustained Russia’s invasion of Ukraine.China’s president welcomed his Russian counterpart, who arrived in Beijing before dawn, at the Great Hall of the People ahead of two days of meetings aimed at underscoring the leaders’ close relationship and bolstering China’s support for Russia’s wartime economy.Putin’s state visit, his first foreign trip since he was sworn…
Burberry (OTCPK:BURBY) is a struggling company in a poorly performing Consumer Discretionary Sector and even weaker luxury goods segment. This is clearly reflected in the stock price, which has dropped -54% in the past year. However, there is clearly value in this classic and instantly recognisable global brand and the drop should present a buying opportunity very soon, despite poor earnings. Earnings Preliminary earnings for FY 2024 were released on May 15th, and they were not received well. The stock closed down -6.3% at $14.36, very near to the $14.15 low of 2024 and close to making new four-year lows.…
Last updated: May 16, 2024 14:47 EDT | 2 min read The Securities and Exchange Board of India (SEBI) proposed a collaborative effort among regulators to oversee cryptocurrency trading on Thursday, while the Reserve Bank of India (RBI) seeks a stablecoin ban.SEBI’s proposition signals a willingness to embrace private virtual assets – an approach previously not seen in India.The RBI sees private digital currencies as a potential macroeconomic risk, however.As per the Reuters report, these suggestions were made to a “government panel” tasked with formulating policy for the finance ministry to consider.SEBI’s Multi-Regulator Plan vs. RBI’s Ban ProposalSEBI recommended that…
Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday on US charges that they carried out a cutting-edge scheme to exploit the Ethereum blockchain’s integrity and steal $25 million worth of cryptocurrency. Federal prosecutors in Manhattan called the scheme perpetrated by Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, “novel” and said the case marked the first time that such a fraud had ever been the subject of U.S. criminal charges. Authorities said they executed their elaborate heist in April 2023, stealing $25 million from traders in just 12 seconds by fraudulently gaining access to pending transactions and altering the movement…
In the U.S., whether you’re considered middle class or not may depend on where you live. In some states, you can earn over $150,000 and still be considered middle class.GOBankingRates determined the income range needed to qualify as middle class in all 50 states using the latest available data from 2022 on household median income from the U.S. Census Bureau’s 2022 American Community Survey. The personal finance site defines “middle class” as households with an annual income that is two-thirds to double a state’s median income.In two states — Maryland and New Jersey — the high end of the middle-class…
A defense attorney for Donald Trump yelled at prosecution witness Michael Cohen during cross-examination about a 2016 phone call at issue in the former president’s criminal hush money trial.The defense lawyer, Todd Blanche, demanded that Cohen tell him whether Cohen had lied during direct examination in saying he made an Oct. 24, 2016, call to Trump to reveal he had gotten porn star Stormy Daniels to agree not to go public with her claim of having sex with Trump.Blanche confronted Cohen with text messages from that same day which suggested he was calling then-Trump Organization security chief Keith Schiller that…
The National Collegiate Student Loan Trusts (NCSLT) and loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA) may have to pay $3 million in compensation to student loan borrowers whose requests for payment relief, including during the COVID-19 national emergency, went ignored, according to Consumer Financial Protection Bureau (CFPB). The student loans in question are private and part of a securitized pool of loans acquired by NCSLT, the CFPB said in a statement. Since 2006, PHEAA has been the primary servicer for active loans held by the NCSLT and services a portfolio of nearly $17.8 billion in student loans.The CFPB filed an…
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 15-year fixed-rate mortgage is 6.500% as of April 25, which is unchanged from yesterday. Additionally, the interest rate on a 30-year fixed-rate mortgage is 7.500%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…
Unfortunately, the word “scam” has become too common in today’s world. A scam is an act by a dishonest person or organization to trick someone out of something, usually money. Search common scams and you’ll get pages of results. I found one site that listed 21. However, there are two scams missing from the list that you may not have heard about but are becoming more common. Two recent situations in my life show why I believe that the nature of these scams makes seniors particularly vulnerable. Gift Card Draining I went out to dinner with a family member. He…
