Author: News Room

Minnesota Gov. Tim Walz, the Democratic running mate of Vice President Kamala Harris, owns no stocks, bonds or real estate, according to his most recent financial disclosure.Walz’s salary as governor of Minnesota is $127,629. He was eligible for a raise last year to $149,550, but he chose not to accept it, according to the state.If Walz is elected vice president in November, he would make an annual salary of $284,600, based on the 2024 rates.When Walz was elected governor, he and his wife sold their Mankato, Minnesota, home and moved into the governor’s mansion in 2019. They listed the four-bedroom…

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 16, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Weight-loss drugs have been all the news recently. There are finally medications that can help people lose weight and that is a good thing. In recent years, obesity rates have nearly doubled among older adults in the U.S. Two of every five Americans ages 65 and older are obese. Wegovy is one drug that some of my clients would like to take. However, they quickly discover that Medicare Part D drug plans do not cover it. They do not understand why they can’t get a medication that can lower their risk for so many other health problems. Three Stumbling Blocks…

Justice Neil Gorsuch is defending the Supreme Court’s controversial decision to grant sweeping immunity to former President Donald Trump in a series of interviews, at one point framing the ruling as an extension of precedent. Gorsuch, who was Trump’s first nominee to the high court, told Fox News in an interview this week that the decision in Trump’s election subversion case was a natural extension of a 1982 precedent that granted former President Richard Nixon and his successors immunity from civil lawsuits for their official actions. Though justices rarely grant interviews, they often sit for questions when promoting a book.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hamas has chosen Yahya Sinwar, the architect of the deadly October 7 attack on Israel, to be its new political leader in a move that consolidates his grip over the Palestinian militant movement.Sinwar, who is Israel’s most wanted man, succeeds Ismail Haniyeh who was assassinated in Tehran last week in an attack that Hamas and Iran have blamed on Israel.The choice of Sinwar, a ruthless figure who is Hamas’s leader in Gaza, is likely to be seen by Israel as a provocative…

Among the biggest pieces of news to come out of Berkshire Hathaway Inc.’s (BRK.A, BRK.B) earnings is the announcement that the company sold half of its stake in Apple Inc. (NASDAQ:AAPL) stock over the past several months, or roughly $80 billion with (more than 2.5% of the company). After Apple’s recent fiscal Q3 earnings announcement, we understand why Berkshire Hathaway sold its stake. Apple Segment Performance Apple saw strong performance in certain segments, but growth remained modest. Apple Press Release The company saw $39.3 billion in iPhone sales showing a 2% YoY decline, as the segment appears to balance out.…

Elon Musk’s X has accused a group of major advertisers of antitrust violations in a new lawsuit claiming the group conspired to “boycott” advertising on the platform. The lawsuit claims an influential ad industry group organized “to collectively withhold billions of dollars in advertising from Twitter” because the group was concerned that the platform had deviated from brand safety standards after Musk’s acquisition in late 2022. The group is the Global Alliance for Responsible Media, also known as GARM, a voluntary ad-industry initiative run by the World Federation of Advertisers that aims to help brands avoid having their advertisements appear…

A Pakistani national with ties to Iran was charged in a foiled plot to assassinate U.S. government officials on American soil, the Department of Justice said Tuesday.Former President Donald Trump was one of the potential targets of the plot by Asif Merchant, who was arrested on July 12 in Texas before any attacks could be carried out, a senior law enforcement source told NBC News.Merchant unwittingly coordinated with a confidential law enforcement source, who put him in touch with two more undercover agents purporting to be hitmen, the DOJ said.Trump was nearly killed at a presidential campaign rally one day…

Check out the companies making headlines in midday trading. Airbnb — The online booking company plunged 13% after second-quarter earnings missed Wall Street estimates. Airbnb reported earnings of 86 cents per share, while analysts polled by LSEG were looking for 92 cents. The company also said it’s seeing signs of slowing demand from its U.S. customers. Reddit — Shares ticked down 2% despite the company’s second-quarter results beating Wall Street estimates on the top and bottom line. The social news company reported better-than-expected daily active user metrics. Reddit also issued its third-quarter revenue outlook, calling for $290 million to $310…

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 17, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…