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Consumer Staples stocks have quietly produced gains so far this quarter, nearly keeping pace with the tech-dominated S&P 500. While there has been an uptick just recently in Consumer Discretionary stocks, namely a fresh high in shares of Amazon (AMZN), many blue-chip Staples continue to trade at premium valuation multiples…
Iran’s presidential poll was heading for a second round on Saturday after no candidate garnered half the votes in an election marred by a record low turnout. The run-off will offer voters a stark choice between a reformist promising to improve relations with the west and ease social restrictions, and a…
TOKYO (Reuters) – Japanese authorities are committed to a flexible exchange rate, which acts as a shock absorber and supports the Bank of Japan’s monetary policy objective, a senior International Monetary Fund (IMF) official said on Wednesday. “We’ve had very good discussions with Japanese authorities on exchange rate issues. Let…
(Reuters) – Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs. While job cut announcements in the United States more than doubled month-on-month…
When you receive Social Security retirement benefits while working, you could run into one of the more complicated and confusing rules, the Social Security earned income limit, or earnings test. The rule exists because Congress historically discouraged people from working while receiving Social Security benefits. You can receive Social Security…
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…
President Joe Biden’s income-driven repayment plan hit a legal snag this week after two federal judges blocked parts of it that were set to take effect next week. The Biden Administration introduced the Saving on a Valuable Education (SAVE) plan after the Supreme Court struck down Biden’s student loan forgiveness…
A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees they charge merchants that accept their credit and debit cards. U.S. District Judge for the Eastern District of New York Margo Brodie in Brooklyn said she was unlikely to grant…
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…
Intro Waldencast plc (NASDAQ:WALD) (incorporated in 2020) is a provider of independent brands in the beauty & wellness industry. It provides the ‘Milk Makeup’ & ‘Obagi’ brands which are tailored to a host of clientele in the makeup & skincare categories. Both brands underwent a successful business combination with Waldencast…