Bud Financial uses AI and transactional data in retail banking and wealth management to provide advice and prompts to customers, to measure a customer’s risk and also monitor risk across a financial institution’s portfolio. Based in the UK, Bud Financial takes advantage of open banking regulation to access customer data.…

Electric utilities are not especially popular with bond investors these days. Consider the spread-versus-Treasurys on the ICE BofA U.S. Electric Utility Index. The spread is the amount of additional yield the market demands for owning corporate bonds rather than supposedly default-risk-free U.S. Treasurys. On June 2, 2023, the utilities’ spread…

ArcelorMittal has traded roughly flat this year, underperforming the broader indices amid mixed signals in the steel sector. Steel prices have softened a bit this year, amid easing supply chain issues and lower commodity price inflation following the Fed’s rate hikes over the past year. Moreover, the company’s Q1 2023…

Sophia Amoruso teamed up with SoFi to create a financial guide specifically designed for women. Although women control the majority of discretionary spending, there is still a gap in financial literacy between men and women when it comes to investing. Amoruso found herself making financial mistakes in her twenties after…

Artificial intelligence is advancing so rapidly, it can be hard to speculate about its effects on elders. What we can see is that applied to healthcare, it could be very positive. For older adults with multiple chronic conditions, there are different doctors with different perspectives, each a specialist in one…

For decades, the idea of being subjected to an Internal Revenue Service (IRS) audit has inspired fear in the minds of taxpayers. For Black Americans, that fear has escalated due to the disproportionate number of audits completed for the demographic. The recent cash infusion of $80 billion dollars to the…

We have all heard the saying “shirtsleeves to shirtsleeves in three generations”, there is a similar saying in Chinese that goes “Wealth does not last beyond three generations” (富不过三代 ). Both adages describe the general inability of wealthy families to maintain their wealth for over three generations. This has long…

Designing a beautiful nursery can be almost as exciting as welcoming a baby. It’s important to create a space not just for sleeping but also to enjoy such a special time. Still, there’s no denying the amount of pressure on new parents to choose the right things to buy or…

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…

The Department of Education announced that it approved $42 billion in student loan forgiveness through updates to the Public Service Loan Forgiveness (PSLF) program.  The updates have affected more than 615,000 borrowers since October 2021, the Education Department said.Originated in 2007, the PSLF program was designed to offer debt relief…