Author: News Room
As the frontrunner for the Democratic party’s nomination, Kamala Harris will have to run, for better or worse, on President Joe Biden’s economic record. That could be problematic for the vice president, who is being regarded as the near-certain replacement for Biden on the party ticket. While Biden-Harris can lay claim to a number of achievements, their legacy on inflation is what’s being remembered most by voters, who generally pan the administration’s record. It will be just one challenge Harris will have to overcome to defeat her Republican opponent, former President Donald Trump . “She’s got to bear some responsibility…
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal carved out for Amazon Prime Video, according to a person familiar with the matter.”In an effort to continue our long-standing partnership, during both exclusive and non-exclusive negotiation periods, we acted in good faith to present strong bids that were fair to both parties. Regrettably, the league notified us of its intention to accept other offers for the games in our current rights package, leaving us to proceed under the matching…
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. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender…
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 6.875% as of June 21, which is 0.250 percentage points higher than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.000%, which is 0.010 percentage points higher than yesterday. With mortgage rates changing daily, it’s a good idea to…
Retiring by the beach is a popular dream of many, but while escaping the 9-to-5 grind on a deserted island may seem like a fun idea, the reality of a life without everyday conveniences is another matter entirely. Of course, there is a solution. Many expat havens around the world offer beachside living along with every city convenience. Here’s my pick of beachside cities ideal for retirees in Europe, Latin America, and Southeast Asia. Valencia, Spain Valencia has much to offer expats, including great weather, a friendly community, Mediterranean beaches, excellent infrastructure and health care, and a safe environment. Home…
June 28Facing immediate criticism over his debate performance, the president returns to the campaign trail with stops in North Carolina and New York. During his energetic speech to supporters in North Carolina, Biden acknowledges his debate shortcomings: “I know I’m not a young man. I don’t walk as easy as I used to, I don’t speak as smoothly as I used to, I don’t debate as well as I used to, but I know what I do know. I know how to tell the truth!”Source: PoolJuly 1-7Biden has a mix of official and campaign events around the Fourth of July,…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS President Joe Biden has dramatically reset the 2024 presidential race by announcing he will drop out of the contest after weeks of pressure from his Democratic party to step aside. The calls began following a disastrous debate performance last month and re-intensified after the attempted assassination of Donald Trump appeared to give the Republican nominee new momentum. Biden endorsed his vice-president, Kamala Harris, soon after his announcement on Sunday, although the Democratic party has yet to give their official backing.…
Investment Thesis I published on Aehr Test Systems (NASDAQ:AEHR) in late March (before its fourth-quarter FY2024 results and outlook) with a positive thesis that the weakness had been priced into the stock and FY24 guidance, arguing that the stock is better positioned to outperform expectations as SiC demand picks up in FY25. I’m now updating my thoughts on Aehr post-earnings. I believe my positive thesis has played out, and now the market has priced in a lot of the good news, with the stock surging +22% after earnings. I continue to be buy-rated on the stock for longer-term investors as…
The world learned relatively quickly that cybersecurity firm CrowdStrike was behind a crippling global tech outage on Friday. But figuring out who will pay the bill for the damages could take a lot longer. What one cybersecurity expert said appears to be the “largest IT outage in history” led to the cancellation of more than 5,000 commercial airline flights worldwide and disrupted businesses from retail sales to package deliveries to procedures at hospitals, costing revenue and staff time and productivity. The problem was caused by a few bits of CrowdStrike’s own bad code in a software “content update.” Unfortunately, fixing…
Independent Sen. Joe Manchin on Sunday called on President Joe Biden to exit the race against former President Donald Trump.”I came to the decision with a heavy heart that I think it’s time to pass the torch to new generation,” said Manchin on CNN’s “State of the Union.”The West Virginia senator, who registered as an independent in May but caucuses with Democrats, also called for an open nomination process, suggesting Pennsylvania Gov. Josh Shapiro and Kentucky Gov. Andy Beshear as contenders. That contrasts with others who view Vice President Kamala Harris as the favorite to take over the top of…
