Author: News Room
Sir Keir Starmer will gift Joe Biden an Arsenal football shirt with the number 46, a reference to his status as the 46th US president, when the pair meet for the first time on Wednesday. The new UK prime minister, a passionate football fan and season ticket holder for the north London Premier League club, thought it would “make a personal gift”, a Downing Street official said ahead of the bilateral talks at the White House. While Starmer will be attending a meeting of Nato leaders at a summit in Washington during the Euros semi-final match between England and Netherlands…
Today, we put RxSight, Inc. (NASDAQ:RXST) in the spotlight again for the first time here in 2024. The stock of this ocular medical device and product concern has more than quadrupled since the end of 2022. Is there still gas to drive this rally, or is profit taking more likely in the months ahead? An analysis follows below. Seeking Alpha RxSight, Inc. bills itself as “an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery.” RxSight has a “razor and razor blade” business model. The company sells Light Delivery Devices which can then be…
President Joe Biden will sit down with NBC Nightly News anchor Lester Holt for an interview that will tape and air next Monday, the network announced. The interview will take place in Austin, Texas and will air unedited in its entirety as part of a primetime special and on NBC’s streaming service at 9 pm ET, the network said. Portions of the interview will first air Monday at 6:30 pm ET on NBC Nightly News. The network said it will also post a full transcript online. The interview will mark Biden’s second sit-down with a major broadcast network following his halting performance at CNN’s…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. New highs (again): The market is extending its recent win streak, with the S & P 500 and Nasdaq rallying for the seventh session in a row. The gains picked up steam in the late morning to early afternoon as Federal Reserve Chair Jerome Powell answered questions from the House Financial Services Committee. Once again, Powell said a lot of the right things, acknowledging how the central bank now must balance…
A widely-anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming months.The consumer price index (CPI) report for June is due out at 8:30 am ET. Recent economic releases have suggested that inflation and economic growth are both cooling, including last week’s report that unemploymenin June ticked up to 4.1%.Thursday’s report comes after Fed Chair Jerome Powell delivered two days of testimony on Capitol Hill this week. The central bank chief did not indicate when exactly rate cuts will begin. However, Powell did say that the Fed sees the risks to the…
A growing number of Californians are struggling to pay their credit card bills as they continue to battle steep interest rates and high inflation. New findings published by WalletHub, a personal finance platform, show that several California cities are leading the nation in an uptick in credit card delinquencies. Chula Vista – a San Diego suburb with a population of about 279,000 – saw the biggest increase in credit card delinquencies, which surged nearly 85% during the first quarter of 2024 compared to a year earlier. The city edged out Madison, Wisconsin, and Garland, Texas, for the No. 1 spot. 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 interest rate on a 30-year fixed-rate mortgage is 6.990% as of July 1, which is 0.115 percentage points higher than on Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is unchanged from Friday. With mortgage rates changing daily, it’s a good idea to check today’s…
It probably isn’t surprising to you that taxes can be one of your biggest expenses while in retirement. Of course, this doesn’t make paying all those taxes less painful. The tax burden you bear on your retirement income can vary depending on where you live. Currently, there are just 12 states that take taxes out of your retirement income distributions. While I wouldn’t recommend someone move in retirement to save money on taxes, I would be remiss if I didn’t point out that tax planning doesn’t end once you retire. Keep reading to find the 12 states that allow you…
A group of angry creditors will face-off against Rudy Giuliani in bankruptcy court on Wednesday, where they have asked a judge to put his finances under the control of an independent trustee in order to lock down his assets and begin to collect what they’re owed. Since declaring bankruptcy late last year, Giuliani appears to have remained flush with cash, including being paid $75,000 by a documentary project. He’s also continued to spend thousands of dollars each month on dozens of Amazon, streaming media and other purchases, according to court records. Those transactions and a general lack of transparency around…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseEuropean delegations to a Nato leaders’ summit in Washington this week have sought meetings with foreign policy associates of Donald Trump, as nervousness rises inside the military alliance regarding President Joe Biden’s re-election prospects.Biden is trailing in the polls and under intense pressure to withdraw from the White House race after a disastrous debate performance last month reignited deep concerns in his party over his age and fitness for office.Ministers and senior officials from multiple European governments, particularly from…
