Cava Group (CAVA) raised its planned IPO valuation from $1.5 billion to $2.2 billion and is expected to begin trading this Thursday, June 15, 2023. I originally warned investors about the dangers of investing in the Cava IPO on May 25, 2023. It appears most investors did not heed my…

Medicare is always facing a fiscal cliff. It consistently faces higher expenses every year, often worsening its outlook for the future. In the most recent Medicare trustees’ report, a more nuanced — and slightly more optimistic view — is on hand. The near-term view is not positive, but fairer winds…

In May, inflation abated a bit and gasoline prices fell 19% — that should feel good at the household level. Inflation is mending and sentiment is that the Fed won’t raise rates tomorrow. What’s your inflation language? How you refer to the current period of price hikes signals what you…

Former Italian prime minister Silvio Berlusconi died Monday at the age of 86. Berlusconi, who ultimately became a billionaire, wasn’t born into luxury. He grew up in Milan in a middle-class family, the son of a bank employee and housewife. He went on to study law at the University of…

That the Glenrock estate in Tallong, Australia, has had only five owners in more than 200 years is a testament to its allure and sustainability. At the heart of the more than 2,300-acre agricultural holding is a grand 1830s Georgian and Greek revival mansion painstakingly restored over a 12-year period.…

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. During…

Most Americans agreed that the economy is in or near a financial crisis. Still, many believed that having a plan will help them through it, according to a recent Nationwide survey. Eighty-eight percent of Americans said that having a plan for their investments made them feel more confident that they could…

U.S. consumers’ anxieties over inflation in the short term have declined to the lowest point in two years, but their concerns over obtaining credit have ticked up, according to new data from the Federal Reserve Bank of New York. The New York Fed’s Survey of Consumer Expectations released Monday shows…

With the Federal Reserve expected to pause its rate-hiking campaign at this week’s meeting, regional banks stocks have made a comeback, but that doesn’t mean all the trouble is in the rearview mirror. “This banking situation was certainly, in large part, caused by the Fed and their aggressive rate-hiking policy,”…

AMD said on Tuesday its most-advanced GPU for artificial intelligence, the MI300X, will start shipping to some customers later this year.AMD’s announcement represents the strongest challenge to Nvidia, which currently dominates the market for AI chips with over 80% market share, according to analysts.GPUs are chips used by firms like…