Author: News Room

The Federal Reserve just cut interest rates for the second time this year, a move that was largely expected as inflation continues to drop. The Fed lowered rates by a quarter of a percentage point to 4.5% to 4.75%. The decision came on the heels of the lowest rise in inflation since 2021. The Consumer Price Index (CPI) technically increased by 0.2% in September, but this rise was minimal compared to what consumers have seen in the last few years.”Unexpectedly low October job growth came on the heels of better-than-expected labor market data in September that has since been revised…

Voters in Washington State have decided to keep the state’s first-in-the-nation public long term care insurance program. On Tuesday, they easily rejected a ballot initiative that would have killed the far-reaching law. The WA Cares law provides up to $36,500 in long-term care insurance benefits, with the amount increasing with inflation. It is funded with a payroll tax surcharge of 0.58 percent on all workers in the state. For a median income worker, who makes about $78,000, that equals about $450 annually, or about $9 a week. The initiative was one of four ballot measures sponsored by Let’s Go Washington,…

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldQatar has told the leaders of Hamas to leave the country following pressure from Washington, in a significant shift in policy by the Gulf state. The request was made around 10 days ago after intense discussions with US officials, according to one person familiar with the matter.The gas-rich state has hosted Hamas’s political office in its capital, Doha, since 2012, when Syria’s civil war forced it to leave its base in Damascus, and the US asked Qatar to open a…

Credicorp Ltd. (NYSE:BAP) Q3 2024 Results Conference Call November 8, 2024 9:30 AM ET Company Participants Milagros Cigüeñas – Investor RelationsGianfranco Ferrari – Chief Executive OfficerAlejandro Perez-Reyes – Chief Financial OfficerFrancesca Raffo – Chief Innovation OfficerCesar Rios – Chief Risk OfficerCarlos Sotelo – Mibanco’s Chief Financial Officer Conference Call Participants Ernesto Gabilondo – Bank of AmericaRenato Meloni – Autonomous ResearchTito Labarta – Goldman SachsThiago Batista – UBSBrian Flores – CitibankYuri Fernandes – JPMorganCarlos Gomez – HSBCTejkiran KM – White Oak CapitalSergey Dubin – HLAndres Soto – SantanderAlonso Aramburu – BTG Operator Good morning, everyone. I would like to welcome you…

Semi-retirement has significant advantages for your financial security, health, and enjoyment of life. It’s a powerful strategy to consider as you approach your retirement years, or even if you’ve recently retired. Let’s take a look. What Is Semi-Retirement? Semi-retirement is when you transition from full-time paid work to part-time paid work instead of retiring completely and doing no work at all for income. Semi-retirement is also referred to as phased retirement, gradual retirement, or partial retirement. If you’ve recently retired from full-time work but are considering going back to work part time, then semi-retirement can be a form of “unretirement.”…

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

Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline in the stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.79% from last week’s reading of 6.72%. The average rate on a 30-year loan was 7.50% a year ago. “It is clear purchase demand is very sensitive to mortgage rates in the current market environment,” said Sam Khater, Freddie Mac’s chief economist. “As soon as rates began to rise in early October, purchase applications fell and over the last…

In an ideal world, I believe it takes about five years to prepare for retirement – what’s next in life. One of my top ten tips for preparing for retirement is to use your time while you are still working wisely. Seek out role models, make connections, and explore options while you have a pay check. Living your best retired life is not about having lots of money or being smart. It is about making intentional decisions about how you spend your time and energy. Using your time wisely can also include watching movies, reading books, and newsletters. I am…

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

The author and his wife have enlisted the help of a free consultant to guide them until Medicare’s December 7th deadline. My wife and I have been covered by traditional Medicare since we each turned 65. In addition, we have had a secondary insurance plan that was heavily subsidized by my wife’s former employer. Similar to a supplemental plan, it mostly covered what Medicare did not fully pay for. And the amount we paid for the premium was significantly less than what we would have paid for a supplemental plan because of the subsidy from her former company. Times have…