Author: News Room

It’s that time of year when a storm developing in the Caribbean has the potential to become a hurricane. That’s when an early warning system becomes so important. This integrated system of hazard monitoring, forecasting and prediction, disaster risk assessment, communication and preparedness activities systems helps people get ready to take appropriate action, including evacuation, if necessary. A hurricane can be devastating for those in its path but it also has a significant impact on many others, including first responders, volunteers, and reconstruction workers. IRA Impact Not All Positive In the world of Medicare, the Inflation Reduction Act is making…

In a new interview with a youth culture media outlet, President Joe Biden made false or misleading claims about immigration, inflation, his administration’s spending, and a remark he made about Israel at last month’s CNN presidential debate. Biden sat down Friday with Speedy Morman, a host for Complex. Here is a fact check of some of Biden’s comments, which were released in a YouTube video Monday. Morman asked Biden about his debate remark that “we’re providing Israel with all the weapons they need and when they need them.” Biden responded, “I said defensive weapons. I denied them offensive weapons that they were using, 2,000-pound bombs and…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseFundraising groups aligned with Donald Trump raised more than $400mn for his presidential election campaign between April and June — a record second-quarter haul that almost matches the sums raised during his entire 2016 campaign, according to a Financial Times analysis of federal filings. The figure, which is likely to grow as more political action committees report this weekend, is three times the first-quarter total and roughly double their contributions from the same period of the 2020 election. The…

Investment update Following my last update on Safran (OTCPK:SAFRF) the stock is +15% excluding $2.37 dividends per share. In that note, titled “Industry Tailwinds Shifting Capital Productivity, FCF Higher, Rallying On Fundamentals”, I outlined several factors behind the buy thesis: Attractive European play for global aerospace and defense industry positioning. Industry tailwinds – 1) US + world defense budget projections, 2) global military expenditure trends, 3) negative working capital from its current order book, Exceptional economics with recently higher turnover and at the margin, driving FCF for redistribution and growth of future earnings. Extensive reinvestment runway to redeploy such funds…

In 2016, a venture capitalist and Yale law graduate named JD Vance published a memoir, “Hillbilly Elegy.” The instant bestseller turned Vance into a media star and was later adapted into an Oscar-nominated film directed by Ron Howard. Eight years after its publication, Vance’s book has found its way back onto the bestseller lists, thanks to his appointment as Donald Trump’s running mate. Less than 24 hours after Trump announced Vance was his vice-presidential pick, “Hillbilly Elegy” shot to the top of Amazon’s bestselling books. On Tuesday, the 2020 film adaptation of “Hillbilly Elegy,” starring Glenn Close and Amy Adams, was the 6th most-watched movie on Netflix’s Top 10 in…

House Democrats are circulating a letter for signatures that urges the Democratic National Committee to slow down its nomination process for President Joe Biden.The letter asks the DNC to cancel its plan to hold a “virtual roll call” to officially nominate the president. This process could begin as soon as Sunday, weeks ahead of the Democratic convention where the nominee is typically voted on in person.”Stifling debate and prematurely shutting down any possible change in the Democratic ticket through an unnecessary and unprecedented ‘virtual roll call’ in the days ahead is a terrible idea,” the letter read.The letter has received…

We are selling 60 shares of Stanley Black & Decker at roughly $90.01 each. Following the trade, Jim Cramer’s Charitable Trust will own 890 shares of SWK, decreasing its weighting to 2.37% from 2.50%. Much like we took advantage of Tuesday’s weakness in tech stocks to buy some Advanced Micro Devices , we’re using this rotation into Federal Reserve rate cut plays to lighten up on some Stanley Black & Decker. After all, the S & P Short Range Oscillator is overbought, so we don’t want to put too much new money to work. We are investors — not traders…

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 26, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.000%, which is also unchanged from yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

I’ve never met anyone who loves paying more taxes on their retirement income. Building a retirement income you won’t outlive is hard enough without overpaying your taxes. Any strategy that helps you increase the amount of your tax-free retirement income will help minimize these two challenges. As a tax planning-focused Certified Financial Planner, I love helping people stay on track to reach financial freedom. Financial security can help you live a happier, healthier, and wealthier retirement. The larger your retirement tax burden, the more income-producing assets (cash, investments, real estate, 401(k), Cash Balance Pension Plans, etc.) you will need to…

Former President Donald Trump has selected US Sen. JD Vance as his running mate, Trump announced on social media Monday.Vance, 39, is in his first term as a senator from Ohio. The venture capitalist and author of the best-selling memoir “Hillbilly Elegy” was elected in 2022 after receiving a boost from Trump in a contentious Republican primary.It was a reversal from just six years earlier. Vance was a key voice in the “Never Trump” movement during the 2016 election and has a well-documented history of opposing Trump publicly. But he earned Trump’s endorsement in 2022 after a concerted yearlong effort to…