This opinion piece puts the transferability component of the Inflation Reduction Act’s (IRA, P.L. 117-169) energy tax credit changes into historical context. A musical accompaniment is necessary to properly set the stage. Since readers probably shouldn’t play YouTube clips at work, we’ll have to rely on memories here. It’s 1924,…

Outfits that manage people’s retirement funds, such as State Street, Northern Trust and Fidelity, are supposed to strive to get the best possible returns for their clients. That’s the law. Yet, shockingly, the majority of the largest money management firms are ignoring their fiduciary responsibilities by letting politics, not sound…

Legendary British rock star Rod Stewart is saying goodbye to his sprawling Los Angeles mansion. Listed for a whopping $70 million, the estate is located in the prestigious gated enclave of North Beverly Park, known as one of the most expensive communities in the city. The estate was custom-built for…

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. Based…

Economists say the United States is not in a recession, but many companies seem to be bracing for one.  With numerous companies announcing massive layoffs and others on hiring freezes, the class of 2023 is getting ready to enter an uncertain job market. “I’ve been looking for jobs for quite awhile,”…

Visa Inc., MasterCard Inc., and Discover Inc., have paused their work on a plan to track when cardholders make purchases at gun stores. The payment processing companies said Thursday they have suspended their work on the International Organization for Standardization’s new merchant category code (MCC) for firearms and ammunition stores.…

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Palantir’s boss Alex Karp opposes the idea of a pause in artificial intelligence research, in contrast to an open letter from the Future of Life Institute signed by some of the biggest names in the tech industry.The letter, which has garnered over 31,000 signatures including names like Tesla CEO Elon…

UBS and the Swiss government announced Friday that they had signed a loss protection agreement, which will come into effect once the takeover of Credit Suisse is completed.The provisions will see the Swiss government cover losses of up to 9 billion Swiss francs ($10 billion) following UBS’ acquisition of its…

China’s cyberspace regulator plans to issue new rules clamping down on the use of wireless file sharing functions such as Bluetooth and Apple’s AirDrop on national security grounds. The move comes after protesters in China used AirDrop during anti-government protests in October 2022 to share content, bypassing strict internet censorship.…