Author: News Room
Caitlin Clark’s popularity is jacking up ticket prices for the women’s NCAA basketball Final Four on Friday, making them even more expensive than the men’s. The average ticket price sold for the women’s games is $726, slightly higher than the men’s matchups ($710) on Saturday, according to data from secondary ticket website StubHub. Part of the reason is Clark, the superstar guard who is constantly breaking records for her team, the Iowa Hawkeyes. The 22-year-old, who is the all-time scoring leader in men’s and women’s NCAA Division I history, has sparked a surge in ticket prices that hasn’t fizzled as she…
Check out the companies making headlines in midday trading. Hertz Global — The car rental company shed about 4% after it was downgraded to sell from neutral at Goldman Sachs. Investors have yet to fully price in some near-term pressures, the bank wrote. Block — The financial services stock lost nearly 2% following a downgrade to underweight from equal-weight at Morgan Stanley. As reasons for the change, the firm cited “high market penetration and limited additional opportunity.” Zeta Global — The software stock added 17% after Morgan Stanley upgraded the software firm to an overweight rating from equal weight. The…
What do we do now with the stock of Walt Disney ? If you had the opportunity to hear activist investor Nelson Peltz, the defeated candidate for the Disney board, you did not get a definitive answer, as much as I pressed. We know that when Peltz tried to get on the board last time, he withdrew his candidacy in February 2023. He told me right on CNBC that he was happy with the changes that then-newly returned CEO Bob Iger said he would make. But, at the same time, Peltz took a nice profit on a big chunk of…
Generation Z faces an uncertain financial world, and they’re well aware they likely won’t have the same benefits as generations that preceded them. Roughly one quarter (23%) of Gen Z don’t expect to ever be able to retire, according to a recent McKinsey & Company study. This belief stems from a variety of factors, but a major reason is the current job market. Minimum wage is largely stuck at the same as it was 13 years ago and Gen Zers don’t believe the pay they get for the work they do allows them a good quality of life, the McKinsey…
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. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3- and 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender…
A growing number of Americans are falling behind on their monthly credit card payments, and student loan repayments could be to blame, according to new data published by the Federal Reserve Bank of New York. Credit card delinquencies tumbled in the early days of the pandemic as the government sent trillions in stimulus money to American homes and businesses. However, delinquencies have steadily ticked higher as a result of high inflation and interest rates, which have hindered Americans’ ability to pay off their credit card balances each month.As of December, about 3.1% of outstanding credit card debt was in some…
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. During the week of Feb. 12, 2024, average private student loan rates plummeted for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 10-year fixed-rate loans and rose for 5-year variable-rate loans. 10-year fixed rate: 8.15%, down from 9.12% the week before, -0.975-year variable…
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 14, which is unchanged from 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, and fees to…
Apple (NASDAQ:) shares, which have been struggling in recent months, are up around 1% Monday, helped by comments from BofA analysts who said global App Store revenue increased 15% year-on-year in February. The investment bank also calculated, using data from SensorTower, that revenue from China increased 10% year-on-year in February. “As per SensorTower data, App Store revenues in F2Q24 (after 66 days) increased to $5.2bn (+8.4% y/y, according to data on developer revenues from SensorTower), with total downloads (iPhone + iPad) increasing +1.2% y/y,” said the bank. The firm maintained a Buy rating and $225 price target on the stock,…
In a letter to investors, Larry Fink, who is CEO of the massive investment firm Blackrock, warned that retirement “is a much harder proposition than it was 30 years ago. And it’ll be a much harder proposition 30 years from now.” One reason, he says: “As a society, we focus a tremendous amount of energy on helping people live longer lives. But not even a fraction of that effort is spent helping people afford those extra years.” Fink is exactly right, as far as he goes. But he ought to be thinking more broadly about the challenges of old age…
