Author: News Room

The impact of what you eat daily on your overall health cannot be overstated, and we can all look to the diets of experts like nutritionists for guidance.Carissa Galloway has 10 years of experience as a registered dietitian nutritionist and is a nutrition consultant and personal trainer for Premier Protein.Prior to her career as a nutritionist, Galloway was a sideline sports reporter. A realization about her own eating habits and their effects on her health led her to an interest in nutrition, which not only changed her day job but also how she approached her diet.”I found that as I was…

Americans are drowning in credit card debt.  New data published by the Federal Reserve Bank of Philadelphia shows that a growing number of Americans are struggling to make their monthly credit card payments as they continue to battle high inflation and interest rates.All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the fourth quarter of 2023 to the highest level since 2012, when the Fed began tracking the data. The researchers noted that it is typical for credit card performance to deteriorate at the end of the year as consumers ramp up…

During his “My Take,” Tuesday, “Varney & Co.” host Stuart Varney reacted to Biden’s pledge to make community college tuition-free, warning the president’s plan is part of a “political strategy” to win votes for the 2024 election. STUART VARNEY: Joe Biden is the giveaway president. He’s giving away your money. He’s giving away our country. He hopes that, in return, he gets your vote. BIDEN PLEDGES TUITION-FREE COMMUNITY COLLEGE FOR ALL The latest is community college. He wants to give that away, too. JOE BIDEN: “I also want to make, and I’ve been pushing this, and if I’m re-elected, I’m going…

Mortgage rates continue their steady climb upward. Rates for 30-year mortgages averaged 6.88% this past week, Freddie Mac reported. Rates last week averaged 6.82%, and a year ago, the 30-year fixed-rate mortgage averaged 6.27%. “Mortgage rates have been drifting higher for most of the year due to sustained inflation and the reevaluation of the Federal Reserve’s monetary policy path,” Sam Khater, Freddie Mac’s chief economist said.Borrowers looking for 15-year mortgages also saw average rates go up this week. The average 15-year rate was 6.16%, up from last week when it averaged 6.06%. Inflation is pushing these rates higher, but the…

What Happened: Shares of language-learning app Duolingo (NASDAQ:DUOL) jumped 5.8% in the morning session after JP Morgan analyst initiated coverage on the stock with an Overweight (Buy) rating and a $270 price target. The target price represents a 25% premium to where shares traded when the research coverage was initiated. The analyst added, “While Google (NASDAQ:) and other large companies with significant resources and strong balance sheets could ultimately increase competition within the language learning space, Duolingo’s gamification/socialization capabilities, personalization, and deep data moat, proven teaching efficacy, and strong brand are key differentiating factors.” After the initial pop the shares…

Many people know how Federal Reserve policies influence the economy and investment markets, but they don’t realize how interest rate moves change the results of estate planning strategies. The Federal Reserve increased rates significantly in 2022 and 2023, and recently market rates spikes again. The significant increases in rates the last few years alter the advantages of different tax strategies. When interest rates rise, the payoffs of some strategies increase while other strategies lose some of their appeal. After a significant change in yields, review some strategies that you might have rejected a couple of years ago and consider stopping…

SHANGHAI/SINGAPORE (Reuters) -China’s central bank left a key policy rate unchanged while withdrawing cash from a medium-term policy loan operation on Friday, as authorities continued to prioritise currency stability amid uncertainty over the timing of expected Federal Reserve interest rate cuts. The Fed’s historic monetary tightening has bolstered the dollar and pressured the yuan over the past few years. Cutting rates before a move by the Fed or other major central banks would widen yield differentials, potentially putting more pressure on the local currency. The People’s Bank of China (PBOC) said it was keeping the rate on 387 billion yuan…

The Democratic National Committee has paid law firms that represented Joe Biden in the special counsel probe into his handling of classified documents, federal records show, even as the president’s aides have lambasted Donald Trump for directing donors’ money to help pay his mounting legal fees. The DNC has paid $1.05 million to the professional limited liability company for Biden’s personal attorney Bob Bauer since July, according to filings with the Federal Election Commission. Bauer has represented Biden in the probe by special counsel Robert Hur. The national party also paid nearly $905,000 to the firm Hemenway & Barnes since…

Two-year-old Heewoo does not know it yet, but later this month he will become one of the most important plaintiffs in the rapidly emerging field of climate litigation. South Korea’s Constitutional Court is expected to hear from April 23 a legal challenge to the country’s progress on climate goals which has been brought on behalf of 62 babies and small children.The so-called baby climate case, launched by parents and expectant mothers in 2022, was filed under the name Woodpecker, the nickname given to Heewoo at the time when he was still a foetus and the youngest member of the group.The South…

The iShares MSCI South Africa ETF (NYSEARCA:EZA) tracks the MSCI South Africa 25/50 Index, targeting the performance of major large and mid-cap South African equities. With $300 million in assets under management, EZA is the largest of a handful of ETFs focused on exposure to Africa. EZA offers value in terms of earnings and price to book ratios, but a very dour economic reality makes a South African play something I would avoid for now. Dispiriting economic backdrop South Africa’s economic landscape remains challenged under President Cyril Ramaphosa’s administration. The official unemployment rate as Q4 2023 was hovers around 33%.…