Author: News Room
The countdown is on. Earnings season is set to kick off Friday with the banks, one of ours among them. The whole sector came under heavy pressure last month after the collapse of Silicon Valley Bank. How the banks deliver could set the market tone in the coming weeks. Much of this mini-banking crisis ties back to the Federal Reserve’s war on inflation, with the rapid rise in interest rates pressuring loan values and increasing competition for deposits. Central bankers are not solely at fault for what happened at SVB on March 10 as management there was clearly out to…
The field of hospitality took a massive hit during the pandemic. Millions of jobs were lost within a matter of weeks. Since then, however, the industry’s been steadily recovering. Leisure and hospitality added 72,000 jobs in March, according to the Bureau of Labor Statistics.As these tens of thousands of jobs open up, employers continue to look for bartenders, hosts, cooks and other staff to run their events and establishments. If you’re looking for a way to make some extra cash on the side, love serving people and have a lot of energy after hours, consider picking up a gig at…
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. Graduate student loans can help you pay for school as you pursue a law degree, medical degree, MBA or higher education in another graduate program. While the federal government offers some loans for graduate students — offering lower interest rates and more protections than many private student loans — they’re not always enough.…
The Biden administration has quietly updated the process borrowers can use to apply for a key federal student loan forgiveness program geared toward people who work in public service careers. The change may ultimately make it easier for borrowers to request relief and reduce the chances that an application gets rejected. Here’s what borrowers should know. Student Loan Forgiveness For Borrowers Working In Public Service Jobs Borrowers who commit to working in nonprofit or government jobs can qualify for Public Service Loan Forgiveness (PSLF), a program that provides complete federal student loan forgiveness in as little as 10 years (after…
If you track a liter of lithium from the bowels of the earth to the Gigafactory, you will learn about the politics of climate change, business-government relations, foreign direct investment (FDI) and the UN’s sustainability development goals (SDGs). Every month, the UN features one of its SDGs that aim to end poverty, protect the planet or ensure that by 2030, all people enjoy peace and prosperity. April’s SDG focuses in part on the cohesion of all 193 governments’ and their policies related to sustainability (e.g. legal and regulatory frameworks). Lithium and other minerals will play a central role, so it…
Key takeaways Lithium production has skyrocketed and isn’t set to slow down this decade as EVs continue to scale up Lithium prices have dropped over 55% in less than six months – great news for EV companies, not as good for lithium miners The long-term future of lithium looks bright as long as countries continue to cooperate with suppliers Who knew a light metal would be the star of the show on the stock market? Lithium is set to be the next battleground, as countries ramp up their own domestic efforts to harness the material that powers electric vehicle (EV)…
Despite mass layoffs affecting large tech and later-stage fintech companies, there is an opportunity for the people laid off to join the fintech workforce. Tech companies in the U.S. have laid off 131,000 workers in mass job cuts this year, according to Crunchbase. But doom and gloom aside, fintech companies are still hiring. The challenge is the misconception that landing a job in fintech requires skill sets from the broader tech space. While true in some cases, the fintech industry differs wildly from big tech. For starters, fintech companies have a start-up culture, so hiring managers are looking for people…
By Anna-Catherine Brigida and Walter Bianchi BUENOS AIRES (Reuters) – Argentina has patched up its wobbly economy with a so-called “soy dollar” preferential exchange rate to boost grains exports and bring in much-needed foreign currency, which analysts said would give the government breathing room, at least temporarily. The measures, which kicked in fully on Monday, give soy exporters a better exchange rate than the controlled official one, aiming to spur exports of some $15 billion of soy in the second and third quarters of the year to refill depleted reserves. “The ‘farm dollar’ will not create extra foreign currency, but…
WASHINGTON (Reuters) – The Biden administration on Tuesday proposed new health protections to reduce exposure of U.S. workers and communities to ethylene oxide, a toxic, colorless gas mainly used to sterilize medical equipment and spices. The Environmental Protection Agency issued a proposed rule with new requirements at 86 sterilizer facilities across the country, that if finalized, aims to reduce ethylene oxide (EtO) emissions by 80%. Long-term exposure to EtO can have health implications, including certain cancers, studies say. The proposed rule is part of President Joe Biden’s initiative to cut the death rate from cancer and create new treatments to…
© Reuters By Yasin Ebrahim Investing.com — The S&P 500 cut losses Monday as a surge in chip stocks helped offset an Apple-infused stumble in big tech and jitters about further Federal Reserve tightening following a strong March jobs report. The was up 0.1%, the added 0.3%, or 101 points, and the ended flat after falling more than 1% intraday. Apple personal computer shipments declined by 40.5% in the first quarter, according to market research firm IDC, impacted by weak demand and high inventory. Apple Inc (NASDAQ:) fell more than 1%, with Alphabet Inc (NASDAQ:) and Microsoft Corporation (NASDAQ:) also…
