(Reuters) – Bond manager PIMCO said on Friday it has withdrawn from the Climate Action 100+ investor coalition, following the withdrawal of other fund firms. In a statement sent by a representative, PIMCO said “we have concluded that our Climate Action 100+ participation is no longer aligned with PIMCO’s approach…

We are living through what is being called the silver tsunami. According to Legal Jobs, “about 10,000 baby boomers turn 65 each day, and the entire generation is expected to reach retirement age by 2030.” While many people spend their working years aiming to eventually retire, there are reasons why…

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…

The White House on Wednesday announced that President Biden has canceled another $1.2 billion in student loan debt for more than 150,000 borrowers earlier than expected. In an executive action that was originally planned for July, Biden has activated a Savings on Valuable Education (SAVE) plan policy that cancels debt…

Nearly every store has rewards credit cards available for customers, but not all the offers add up to major savings. These offers are often the “genesis” of long-term issues, one personal finance expert warns. “There’s just a trickle effect that could last maybe years for that consumer,” financial planner and…

Household debt levels in the U.S. increased in the first quarter of 2024, which created new challenges for already stressed credit card borrowers, according to a new report from the Federal Reserve Bank of New York released Tuesday. The report found that overall debt levels rose by $184 billion, or…

Want to watch your money grow?  A high-yield savings account allows your money to make money, with very little work from you. A high-yield savings account offers a higher interest rate on deposits made than a traditional savings account. Shortly after depositing into a high-yield savings account, you’ll see how much…

Paramount and Skydance have agreed to terms of a merger, CNBC’s David Faber reported Monday. A deal could be announced in the coming days, he said.A Paramount special committee and the buying consortium — David Ellison’s Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms.…

Fast fashion giant Shein, founded in China, is taking steps for going public in the United Kingdom, according to multiple media reports, in what would likely provide a shot in the arm for London’s ailing main stock exchange. The online retailer is preparing to file a prospectus with the UK’s…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. The Nasdaq rose Monday — led by Nvidia ‘s more than 3.5% gain after CEO Jensen Huang unveiled a new suite of artificial intelligence chips…