Author: News Room
There are many reasons to avoid probate when planning for your estate. Avoiding probate avoids the hassle of having to go to court, which can be costly and time-consuming. It maintains privacy so that a list of your probate assets and their value is not filed at the probate court for everyone to see. It can allow beneficiaries to receive their inheritance sooner through probate avoidance techniques such as beneficiary designations, joint ownership, and using trusts. However, there is another reason to avoid probate that is often overlooked. Your heirs will not receive notice of the court filings upon your…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Calpers, the largest public pension plan in the US, has decided to vote against the re-election of the ExxonMobil board of directors and chief executive in a protest against the oil major’s “reckless” legal action to “silence” shareholder voices.The announcement by the $463bn fund comes amid growing investor criticism of Exxon’s decision to sue two climate-focused investor groups to block a resolution they introduced demanding it do more to cut its greenhouse gas emissions. In a strongly-worded statement, leaders of the fund said…
There are plenty of choices for investors looking to dip their toes in the stock market, but let’s face it – nearly everyone has flocked to large-cap growth. And that’s the problem. A favorite among equity growth-minded investors is the iShares Russell 1000 Growth ETF (NYSEARCA:IWF). Now, to be clear – I think the large-cap growth theme is overdone and is overcrowded. It’s clearly worked, and yes, I know this can continue. It’s just not a part of the marketplace I favor now. Having said that, it’s still worth looking at this popular fund. IWF tracks the Russell 1000 Growth…
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 23, which is 0.125 percentage points lower than yesterday. Additionally, the interest rate on a 30-year fixed-rate mortgage is 7.500%, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
Many assume they will be free of health insurance premiums once they reach Medicare age. Others think that everyone pays the same Medicare premiums for the same coverage. Unfortunately, many retirees are shocked to find out that their Medicare premiums are tied to their income in retirement. Knowing this could lead many people to make different retirement-planning choices leading up to becoming eligible for Medicare. You might think that you will no longer have an income once you stop working. However, your Medicare Part B premiums are based on your household income. There is a two-year look-back period, and what…
President Joe Biden, speaking at the commencement for Morehouse College graduates, delivered a forceful call for a ceasefire between Israel and Hamas in Gaza paired with the release of Israeli hostages – while urging a long-term political solution to the crisis. Read the full article here
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Defence and security forces in the Democratic Republic of Congo said they had thwarted an “attempted coup” against the government of the mineral-rich nation on Sunday in the capital Kinshasa.“An attempted coup d’état was nipped in the bud by the defence and security forces. This attempt involved foreign and Congolese nationals,” army spokesperson General Sylvain Ekenge said in a brief televised address. He added that those taking part had been “neutralised, including their leader”. Unverified videos on social media show men in fatigues in…
ETF Overview Schwab U.S. Large-Cap ETF (NYSEARCA:SCHX) has a portfolio of 750 largest U.S. stocks by market capitalization. The fund has delivered slightly inferior total returns than the S&P 500 index in the past but has very similar portfolio mix, even their top 10 holdings are identical. Most of these top 10 holdings are technology stocks with strong growth potential. They have been the main drivers of SCHX and the S&P 500 index’s performance in the past, and is expected to continue to outperform in the foreseeable future. Given the S&P 500 index only consists of 500 stocks as opposed…
Last updated: May 19, 2024 12:00 EDT | 2 min read Solana has proven to be the fastest among large blockchains, processing a staggering 91 million transactions in a single day.According to a recent update by CoinGecko, on April 6, Solana achieved a record-breaking daily average of 1,504 transactions per second (TPS) during the memecoin frenzy.This makes the blockchain an impressive 46 times faster than Ethereum and over 5 times faster than Polygon, which boasts the highest TPS among Ethereum scaling solutions.Solana Achieves 1.6% of Maximum SpeedDespite its position as the fastest blockchain, Solana has only achieved 1.6% of its…
Minnesota government officials have struck a deal with rideshare companies Uber and Lyft to set minimum wage standards for drivers, lawmakers announced Saturday night. The agreement is the culmination of nearly a year of back and forth between Democratic state officials and the two companies, who threatened to withdraw their businesses from Minnesota over a proposed Minneapolis ordinance that would grant rideshare drivers increased worker protections. The ordinance, initially adopted in August 2023, was part of a larger effort to grant more comprehensive benefits to contract workers, who take freelance work at digital platforms like DoorDash, Instacart, Uber and Lyft.…
