Author: News Room
Aria Liu, 17, regularly posts shopping haul videos to her YouTube channel, which has 300,000 subscribers. She films her sprees by displaying a live feed of her laptop screen as she buys up to thousand-dollar shopping carts of clothes and makeup. “I shop so much more online,” she told CNN. “I don’t know what it is, but when I’m shopping online, money doesn’t feel real.” Liu’s not alone. Shopping hauls have existed for years, if not decades. But experts say the potent mix of products featured ubiquitously on social media feeds and popping up as algorithm-boosted recommendations; Buy Now, Pay…
Egg prices are climbing, placing the household staple back in the spotlight as consumers stay concerned not only about inflation but the absolute level of prices.July marked a third straight month that egg prices rose on an annual basis, a reversal from a year of relative decreases. The culprit was a continued battle against the highly pathogenic avian influenza, known in short as HPAI or the bird flu.Prices for the vital food ingredient soared 19.1% in July compared with the same month a year prior, according to consumer price index, or CPI, data released this week. By comparison, the entire…
In 2004, Sabrina Finch returned to school to become a nurse.Her mother, Rebecca, was excited for Sabrina, then in her early 30s, to finally have a career. She’d watched for years as Sabrina struggled to get by working low-wage jobs, including in fast-food restaurants and factories.As a result, when Sabrina took out a private student loan from Navient in 2007 to complete her nursing degree, Rebecca was happy to be the co-signer on the loan.Both women have come to regret that decision.Sabrina, who is now 53 and lives in Vinton, Virginia, said her life took many difficult turns in the…
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 median interest rate on a 30-year fixed-rate mortgage is 6.375% as of August 14, which is 0.115 percentage points lower than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.625%, which is unchanged from yesterday. Analysts are hopeful that lower interest rates are on the horizon.…
Retirees with more guaranteed lifetime income spend more in retirement and do so without worrying about running out of money. The additional spending is meaningful, according to researchers David Blanchett and Michael Finke, who recently updated research they produced in 2021. Retirees who receive steady income from Social Security, pensions, and annuities spend about twice as much as retirees who have the same amount of savings positioned in the investment markets. The researchers found that most people think differently about guaranteed income than they do about money in savings and investments. About 60% of retirees surveyed said they’re more comfortable…
The Supreme Court on Friday turned down a request from the Biden administration to enforce parts of a new federal rule meant to protect LGBTQ+ and pregnant students from discrimination in 10 states where the rule was put on hold by federal judges. The court announced its decision in an unsigned order that drew a partial dissent from the court’s three liberals and conservative Justice Neil Gorsuch. The Supreme Court’s order is the latest blow to the Biden administration, which has suffered a series of setbacks with federal courts blocking a rule that was intended to protect transgender students. Much of the…
The US, Qatar and Egypt have presented a proposal that aims to bridge gaps between Israel and Hamas after months of deadlock in talks to end the war in Gaza and secure the release of Israeli hostages. After two days of crunch negotiations in Doha involving US and Israeli spy chiefs and senior Qatari and Egyptian officials, the mediators said they would meet in Cairo before the end of next week “with the aim to conclude the deal under the terms put forward today”.The US-led talks are viewed as critical to securing a ceasefire in Gaza and easing regional tensions amid fears…
Marfrig Global Foods S.A. (OTCPK:MRRTY) Q2 2024 Earnings Call Transcript August 15, 2024 8:00 AM ET Company Participants Eduardo Puzziello – IR DirectorTim Klein – CEO, North American OperationsRui Mendonca – CEO, South American OperationsPaulo Pianez – Sustainability DirectorTang David – CFO and IR DirectorMarcos Molina – Founder and Chairman Conference Call Participants Ricardo Alves – Morgan StanleyGustavo Troyano – Itau BBAIsabella Simonato – Bank of AmericaGuilherme Palhares – SantanderThiago Duarte – BTG PactualHenrique Brustolin – BradescoLucas Ferreira – JPMorgan Operator Good afternoon, thank you for waiting. Welcome to Marfrig’s Q2 2024 Earnings Call. We would like to inform you…
A federal judge on Friday temporarily blocked the launch of Venu Sports, the forthcoming joint sports streaming venture from Warner Bros. Discovery, Disney and Fox Corporation, dealing a major blow to the effort. The decision follows a request by Fubo, a smaller rival sports streaming service, for a preliminary injunction against the forthcoming streamer, halting its launch just weeks before the start of the NFL season. “It appears to the Court that Fubo is likely to succeed on its claims that by entering into the [joint venture], the [joint venture] Defendants will substantially lessen competition and restrain trade in the…
Billionaire Republican megadonor Miriam Adelson appears to have a blank check policy when it comes to her support of former President Donald Trump, as she aims to help get him back to the White House.Adelson’s political aide Andy Abboud was overheard telling attendees at a campaign event at Trump’s golf club in Bedminster, New Jersey, on Thursday that whatever the GOP presidential nominee needs from Adelson, he’s going to get in support from his boss, according to Abboud and a person with direct knowledge of the matter.This person and one other in this story were granted anonymity in order to…
