Author: News Room
Russia and Ukraine have tightened their conscription rules ahead of a widely expected Ukrainian counter-offensive in the coming weeks.In Moscow, the parliament rushed through legislation on Tuesday, making it significantly more difficult for Russians to dodge the draft and automatically banning registered conscripts from leaving the country. In Ukraine, where men aged 18 to 60 have been banned from leaving the country since Russia launched its full-scale invasion last year, the government on Tuesday approved new rules allowing recruitment centres to send summonses anywhere in the country. Previously, summonses could only be handed to men at their registered addresses, but tracking…
U.S. tech stocks have rallied more than 20% this year. But investor enthusiasm may be put to the test if the upcoming earnings season proves to be gloomy. Greg Bonnell speaks with Jim Kelleher, Director of Research at Argus Research about the outlook for the tech sector. Greg Bonnell: While many investors have been focused on rising rates and the risk of a recession, the first three months of this year saw the tech-heavy NASDAQ index notch its best quarter since 2020. So what’s driving this recent performance, and where might it head from here? Here to discuss, Jim Kelleher,…
Watch full video on YouTube
Dogecoin (DOGE), the cryptocurrency that powers the decentralized, payments-focused, dog meme-inspired Dogecoin blockchain, was last up around 3% in the last 24 hours, as per data from CoinGecko.DOGE was last changing hands around $0.085, up around 5.5% from last week’s lows in the $0.08 area, with the cryptocurrency having seen a solid bounce from its 100 and 200-Day Moving Averages, both of which are currently around $0.081.Dogecoin is rallying in tandem with a Bitcoin-led move higher in broader cryptocurrency prices, which comes ahead of a very busy week on the US macro front.Analysts and traders will be monitoring the release…
US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient despite some recent turmoil among regional financial institutions. “I’ve not really seen evidence at this stage suggesting a contraction in credit, although that is a possibility,” Yellen said at a press conference Tuesday ahead of the spring World Bank meetings. “I believe our banking system remains strong and resilient; it has solid capital and liquidity.” She added that the “US economy is obviously performing exceptionally well,” noting solid job creation, moderating inflation and robust consumer spending. “So I’m not anticipating a…
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…
Subscribe to Updates
Get the latest financial, business, investing, and market news and updates, directly to your inbox.