Author: News Room

Millions of borrowers have missed student loan payments since the October restart and about 1 in 10 are refusing to pay in the hopes it will pressure the government to cancel their outstanding debt, a recent survey said. Six in 10 student loan borrowers have missed payments after a 42-month payment pause ended in October, the Intelligent.com survey said. Twenty-five percent have not made one payment since repayments resumed three months ago. Over one-third (36%) of borrowers who haven’t made any payment said they planned to resume as soon as possible, with the same number saying they are unsure when they’ll resume payments.…

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 7.000% as of March 13, which is 0.625 percentage points higher than yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms,…

LEAWOOD, Kan. – AMC Theatres (NYSE:AMC), a major player in the global cinema industry, has expanded the distribution of its retail popcorn products, now offering them at Publix, Kroger (NYSE:), and online via Amazon.com (NASDAQ:). This move significantly increases the availability of AMC’s popular grocery popcorn line, which includes ready-to-eat and microwave varieties, following its initial launch at Walmart (NYSE:). Customers shopping at Publix can now find AMC Theatres Microwave Popcorn in flavors such as Classic Butter, Extra Butter, and Lightly Salted. Meanwhile, Kroger will start stocking AMC Theatres Ready-To-Eat Popcorn in mid-March, featuring similar flavors. Online shoppers can also…

Suppose you’ve saved for a few decades in your 401(k) plan and IRA and you’re approaching retirement. How do you know if you’ve saved enough money? You might have heard you’ll need to save $1.46 million to have a comfortable retirement, based on a recent survey of 4,588 U.S. adults conducted by Northwestern Mutual. The trouble is, the vast majority of pre-retirees have saved much less than that. Will they ever be able to retire? It turns out that focusing on a “magic” savings number is the wrong way to decide if you can afford to retire. Instead, replace magic…

By Leika Kihara TOKYO (Reuters) – Bigger-than-expected pay hikes by major Japanese firms have significantly heightened the chance the central bank will end eight years of negative interest rate policy next week, marking a landmark shift away from its huge stimulus programme. Internal preparations for an exit have been in the works since Kazuo Ueda took office as BOJ governor in April last year, and were mostly done by year-end, say sources familiar with the bank’s thinking. BOJ officials, including Ueda, have recently stressed the timing of a shift away from negative rates would depend on the outcome of this…

By Karen Brettell NEW YORK (Reuters) -The dollar rose on Thursday in choppy trading and was on track for its second consecutive monthly gain against the euro and yen, overcoming an earlier dip after data showed that U.S. inflation was as expected in January. The yen gained after a policymaker hinted at the need to exit ultra-easy policies, while bitcoin held near a more than two-year high reached on Wednesday. The dollar fell earlier on Thursday after data showed that U.S. price gains in January were the smallest in nearly three years, keeping a June interest rate cut from the…

Investing.com — Crude prices settled lower Monday, as widely expected decision from OPEC+ to extend its current pace of production cuts until the second quarter offered little support amid ongoing concerns tepid demand. At 14:30 ET, or (19:30 GMT), the  for May fell 1.5% to settle at $78.74 per barrel, while expiring in May had fell 0.8% to $82.86 a barrel. OPEC+ extends production cuts until Q2, but demand concerns continue Russia and Saudi Arabia, who lead the Organization of the Petroleum Exporting Countries and its allies, or OPEC+, committed to maintaining their current run of 2.2 million barrels per…

Transportation Secretary Pete Buttigieg had been preparing to rise early for a flight to out west, where he would conduct a weeklong swing with local officials and the highway administrator in Wyoming and Montana. But when the Dali container ship sailing through the Patapsco River made a “mayday” call just before 1:30 a.m. ET, overnight staffers in the White House Situation Room began frantically reaching out to senior officials to notify them of the collision – and collapse – of Baltimore’s Francis Scott Key Bridge. The US Coast Guard, which has a robust presence along the eastern seaboard, was onsite…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The world’s largest cannabis grower and distributor is exploring a secondary listing in Europe, including in Frankfurt and London, to capitalise on growing investor interest after the drug became legal to use in Germany on Monday.Germany now has some of Europe’s most tolerant laws on recreational use of the drug, with adults permitted to carry 25 grammes. Commercial cultivation is still illegal but medical prescriptions and production have been liberalised.“We’re very much interested in a European listing”, said Juan Martinez, the head…

Healthcare Trust, Inc. 7.375% CUM RED REP PFD STK SER A (NASDAQ:HTIA) Q4 2023 Earnings Conference Call April 5, 2024 1:00 PM ET Company Participants Michael Anderson – CEOScott Lappetito – CFO Conference Call Participants Operator Welcome to the Fourth Quarter 2023 Healthcare Trust Inc. or HTI Webcast. All participants will be in listen-only mode. Please note, this event is being recorded. Also note that certain statements and assumptions in this webcast presentation, which are not historical facts, will be forward-looking and are being made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.…