Author: News Room
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 6.625% as of July 23, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is 0.115 percentage points higher than yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
An increasingly popular way to avoid probate and other estate planning issues is the transfer on death or payable on death account. There can be more to these accounts, which I’ll refer to as TODs, than many people realize. Most financial institutions now have a specific form that is completed to designate an account as a TOD and name the beneficiary (or beneficiaries). Most states have laws recognizing the accounts and setting rules for them. The original TOD account was created informally by the way the account was titled and became known as a Totten trust, after the name of…
On GPS: What happened to Reagan’s Republican Party? In the wake of the Republican National Convention earlier this month, Fareed speaks with historian Niall Ferguson about how and why the modern-day GOP has changed since the Reagan era of the 1980s. Read the full article here
Foreign politicians and diplomats sought to de-escalate tensions between Israel and Hizbollah on Sunday after a deadly rocket attack from Lebanon into Israeli-occupied territory raised fears of a full-blown war.Israeli leaders across the political spectrum vowed to retaliate forcefully for the deaths of 12 civilians, mostly children, who were killed when a rocket slammed into a football pitch in Majdal Shams, a town in the occupied Golan Heights, on Saturday. Israel directly blamed Hizbollah, with whom it has been exchanging near-daily fire since the outbreak of the Gaza war last October. Hizbollah has denied responsibility.Israeli defence minister Yoav Gallant said…
Flights were postponed, surgeries canceled, and banks disrupted. In all, 8.5 million Microsoft (MSFT) Windows devices were affected. This was all because of what CrowdStrike (NASDAQ:CRWD) called a “defect in a single content update.” Congress is calling on CEO George Kurtz to testify before a subcommittee, although we don’t know when. This was easily the worst week in CrowdStrike’s history. The stock dropped off a cliff, going from a record high near $400 to $250 per share, an epic 38% drop. The price-to-sales ratio fell from a nosebleed level to a more modest valuation, as shown below. Data by YChartsThe…
“Deadpool & Wolverine” barreled through the $200 million benchmark, cementing the blockbuster as the record holder for the highest grossing opening weekend for an R-rated movie. According to studio estimates, “Deadpool & Wolverine” — the 34th movie in the Marvel Cinematic Universe lineup — has grossed $205 million in domestic sales and $438.3 million globally in its debut. The first Deadpool movie set the record for the highest grossing opening weekend for an R-rated film when it was released in 2016 to roughly $132 million, and “Deadpool 2” cinched the second-place spot with $125 million in domestic sales in 2018.…
Marvel is back on top.”Deadpool & Wolverine” shattered box office records this weekend, tallying $205 million in domestic ticket sales during its opening, the highest debut of 2024 and of an R-rated film ever.The film outpaced analysts’ expectations, which called for an opening haul between $160 million and $180 million.”The massive debut for ‘Deadpool & Wolverine’ should convince those who were throwing in the towel for the big screen back in May that you can never underestimate the power, allure resiliency and, yes, unpredictability of the movie theater experience,” said Paul Dergarabedian, senior media analyst at Comscore.Internationally, the film secured…
NASHVILLE — Former President Donald Trump stopped short of promising to establish an official U.S. bitcoin strategic reserve currency during his Saturday keynote speech at the biggest bitcoin conference of the year.Instead, the Republican presidential nominee pledged simply to maintain the current level of bitcoin holdings that the U.S. has amassed from seizing assets from financial criminals.”For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin,” Trump said at this year’s Bitcoin Conference in Nashville.”If I am elected, it will be the policy of my administration, United States of America,…
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 6.625% as of July 24, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.990%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…
Before converting a traditional IRA to a Roth IRA, residents of states with income taxes should review how their states will treat the transactions. Under federal tax law, the owner of a traditional IRA can roll over some or all of the account to a Roth IRA. The amount rolled over will be included in gross income, to the extent of its pre-tax contributions and earnings, as though it were distributed. But the amount rolled over stays in the Roth IRA to compound tax free, and eventually the account can be distributed tax free to either the owner or the…
