Author: News Room
For the first time since 2006, the Centers for Medicare and Medicaid (CMS) didn’t release next year’s projected premiums and other data for Medicare Part D policies in July. Instead, the CMS has been reworking the program to keep Part D 2025 premiums from rising substantially, increases that would be announced around election time. Significant changes were made to Part D in recent laws. Beginning in 2025, out-of-pocket prescription drug spending for Part D policyholders will be limited to $2,000. But insurers and drug manufacturers will pay most of the cost of that benefit, which means Part D premiums are…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mira Murati, OpenAI’s chief technology officer who temporarily served as chief executive during the failed coup against founder Sam Altman last year, is leaving the company.In a message shared with the start-up’s employees on Wednesday, she said: “After much reflection, I have made the difficult decision to leave OpenAI.”It is the latest blow to the Microsoft-backed artificial intelligence start-up, which has had several high-profile departures this year, including founders John Schulman and Ilya Sutskever. Schulman has joined rival Anthropic, while Sutskever has…
Micron Technology, Inc. (NASDAQ:MU) Q4 2024 Earnings Conference Call September 25, 2024 4:30 PM ET Company Participants Satya Kumar – Investor RelationsSanjay Mehrotra – President and Chief Executive OfficerMark Murphy – Executive Vice President and Chief Financial Officer Conference Call Participants Timothy Arcuri – UBSC.J. Muse – Cantor FitzgeraldKrish Sankar – TD CowenJoseph Moore – Morgan StanleyVivek Arya – Bank of America SecuritiesToshiya Hari – Goldman Sachs Operator Thank you for standing by and welcome to Micron’s Fourth Quarter 2024 Financial Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation there will be a…
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 Sept. 16, 2024, average private student loan rates spiked for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 5-year variable-rate loans and dropped for 10-year fixed-rate loans. 10-year fixed rate: 7.99%, down from 8.57% the week before, -0.585-year variable rate:…
There are things in life that are not a matter of opinion. They are a matter of math. We do not believe that financial decisions, whether they are about Roth IRA conversions, a snowbird lifestyle, or a gifting program for your children and grandchildren, should be based on an inclination or an unexamined “gut feeling.” Financial decisions should be based on a combination of goals and math. That isn’t to say ignore your gut, either do the math yourself or get professional help and then decide. If no one “runs the numbers” and you make critical financial decisions based on…
Hizbollah on Tuesday evening confirmed Israel had killed one of its top commanders, Ibrahim Qobeissi, in an air strike that rocked the southern suburbs of Beirut on Tuesday.Lebanese authorities said six people were killed and 15 injured in the attack that targeted Qobeissi, the head of the Iran-backed militant group’s missiles division.“Qobeissi was a significant source of knowledge in the field of missiles and had close ties to senior military leaders in Hizbollah,” the Israel Defense Forces said, naming him as head of the group’s missiles and rockets force.Tuesday’s strike marks the latest in a string of killings of senior…
Progress Software Corporation (NASDAQ:PRGS) Q3 2024 Earnings Conference Call September 25, 2024 5:00 PM ET Company Participants Michael Micciche – Senior Vice President, Investor RelationsYogesh Gupta – President and Chief Executive OfficerAnthony Folger – Chief Financial Officer Conference Call Participants John DiFucci – Guggenheim SecuritiesLucky Schreiner – D.A. DavidsonBo Yin – Jefferies Operator Good day and welcome to the Progress Software Corporation Q3 2024 Earnings Call. At this time all participants are in a listen-only mode. After the speaker presentation there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now…
After years of favoring online and telephone scams, a number of crooks are drifting back to old-fashioned theft involving paper checks. In the last year, a number of individuals, including employees of the U.S. Postal Service, have been arrested or indicted for stealing paper tax refund checks. Over $3 million of such check thefts were discovered in one New York congressional district. Also, there’s been an increase in reported thefts of tax refund and Social Security benefit checks around the country. Congressional representatives in New York and Georgia have asked the IRS and USPS inspectors general to fully investigate the…
Israel launched a relentless wave of air strikes against what it said were Hizbollah targets on Monday, killing almost 500 people in Lebanon’s deadliest day for decades and pushing the region closer to all-out war.Israeli warplanes struck hundreds of targets across the country, including Beirut’s southern suburbs, as Benjamin Netanyahu’s government stepped up its assault on Hizbollah in a “new phase” of the war that it has named Operation Northern Arrows. The bombardment heightened concerns about escalating hostilities in the Middle East and spread panic across Lebanon, sending tens of thousands fleeing targeted areas. Monday’s death toll was the highest…
AAR Corp. (NYSE:AIR) Q1 2025 Earnings Conference Call September 23, 2024 5:00 PM ET Company Participants John Holmes – Chairman, President and CEOSean Gillen – Chief Financial Officer Conference Call Participants Scott Mikus – Melius ResearchMichael Ciarmoli – Truist SecuritiesKenneth Herbert – RBC Capital MarketsLouie DiPalma – William Blair Operator Good afternoon, everyone, and welcome to AAR’s Fiscal 2025 First Quarter Earnings Call. We’re joined today by John Holmes, Chairman, President, and Chief Executive Officer; and Sean Gillen, Chief Financial Officer. Before we begin, I’d like to remind you that the comments made during the call may include forward-looking statements…
