Author: News Room
Introduction On August 30, I wrote an article titled “Dividend Kings Are Overrated.” In that article, I explained that although dividend consistency is a great thing, dividend stocks should never be selected based on Dividend Aristocrat or Dividend King status. That said, there are plenty of good Dividend Aristocrats on the market who are still capable of elevated growth. One of them is Air Products & Chemicals (NYSE:APD). I was “lucky” to call the bottom on February 6, when I gave the stock a Strong Buy rating after a rather unpleasant sell-off. Since then, shares have returned nearly 30%, more…
More than 10,000 hotel workers at 24 hotels stretching from Boston to the West Coast to Hawaii went on strike early Sunday morning, disrupting travel during a busy Labor Day weekend. The hotels are reportedly still open but guests will deal with a skeleton staff unable to provide full services. UNITE HERE, the union representing the striking workers, says they are striking not just for better pay but also better working conditions, including the return of automatic daily room cleaning that many hotels dropped during the pandemic. “We’re on strike because the hotel industry has gotten off track,” Gwen Mills,…
Former Democratic Rep. Tulsi Gabbard, who has endorsed Republican former President Donald Trump’s campaign, is advising the GOP nominee to focus on Vice President Kamala Harris’ policy pivots in their upcoming debate.Harris “has already shown that she is trying to move away from her record, move away from her positions,” Gabbard said in a Sunday interview on CNN’s “State of the Union.”Gabbard is part of a small group of Trump advisers who are helping the former president prepare for the debate, scheduled for Sept. 10 on ABC. Trump’s campaign insists that the candidate does not engage in traditional role playing…
Elon Musk’s endorsement of former President Donald Trump was meant to buoy the candidate’s chances in November. But more than a month after Musk officially put his weight behind Trump, a series of Democratic attacks have suggested that the endorsement has exposed a vulnerability. Since the tech billionaire endorsed Trump on July 13, the campaign of Vice President Kamala Harris has repeatedly attacked Musk for his anti-worker stances. The campaign has called Musk and Trump “self-obsessed rich guys” and reposted audio from an event on Musk’s social media app, X, in which the two laugh together about firing striking workers. Harris allies including…
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 6.500% as of July 31, which is 0.125 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
Get there first. That’s the best parenting advice I ever got, and it applies to every one of the most important values we choose to pass on to our children, as well as all the thorniest issues we choose to address—sex, alcohol, drugs, rock ‘n’ roll, and yes, money. For all of us parents, there are things that we hope to impart to our kids, right? There are values we hope to instill in them, lessons that we hope they learn, experiences that we want them to have, and other experiences that we hope they’ll avoid. But when and how…
Vice President Kamala Harris on Saturday sharply criticized Donald Trump over the incident Monday during the former president’s visit to Arlington National Cemetery, saying that he “is unable to comprehend anything other than service to himself.” Veterans, service members and their families “should be honored, never disparaged, and treated with nothing less than our highest respect and gratitude,” Harris wrote in a lengthy post on social media. She continued: “It is my belief that someone who cannot meet this simple, sacred duty should never again stand behind the seal of the President of the United States of America.” Trump has faced controversy over…
A British technology start-up which had promised to build the world’s first space plane is in last-ditch talks to secure new financing after two of its backers wrote down the value of their investment. Reaction Engines, which was founded in 1989, is in detailed talks with the UAE-backed Strategic Development Fund (SDF), one of its existing shareholders, about a new injection of capital, according to two people familiar with the situation. The SDF led a £40mn funding round in January last year. The British start-up is also backed by several aerospace giants, including BAE Systems and Rolls-Royce, as well as financial…
Qualcomm (NASDAQ:QCOM) continues to be in a correction mode after hitting a June peak of over $225. The stock is currently trading at over 20% below the recent peak despite beating revenue and earnings estimates in the recent earnings. However, the stock is quite cheap when we look at some of the key tailwinds in various business segments. The automotive business reported an 87% YoY growth and has seen good growth projections for the future as the auto industry tries to build “smarter cars”. The IoT segment reported an 8% YoY decline in revenue, but new XR categories like Meta’s…
When British rock band Oasis announced a reunion tour this week there was a predictable frenzy for tickets to the 17 dates. Perhaps also predictably, there have been complaints and frustration with the ticket-buying process due to heavy demand. Tickets went on general sale on Saturday at 9 a.m. GMT and it didn’t take long for social media to start fuming about inflated prices, long waits and error messages from ticketing company Ticketmaster. “‘In demand standing ticket’ is just a standard standing ticket except double the price,” Darragh Moriarty, a city councilor in Dublin, posted on X, formerly known as…
