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Stay informed with free updatesSimply sign up to the Life & Arts myFT Digest — delivered directly to your inbox.One of the world’s great divides is between people who can afford to go on holiday and those who can’t. Asser Khattab, a Syrian refugee in France, recalls, “I grew up…
Vice President Kamala Harris on Friday is expected to call for a federal ban on price gouging to lower grocery prices and everyday costs for Americans in her first economic policy speech in Raleigh, North Carolina. The proposal is part of Harris’ efforts to prevent corporations in the food and…
Young adults in the U.S. have been skeptical about Social Security at least since the days when I was one of them. Today’s younger generations are no different, and that’s affecting their retirement planning. About 47% of non-retirees believe Social Security won’t pay them any retirement benefits, according to a…
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…
Check out the companies making headlines in premarket trading. Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars for $83.50 per share in cash. The deal values Kellanova at about $36 billion and is expected to close in the…
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table in September.The consumer price index, a broad-based measure of prices for goods and services, increased 0.2% for the month, putting…
Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut rates next month after a yearslong battle with inflation that sent rates spiking to…
Note: I have covered Bristow Group Inc. (NYSE:VTOL) previously, so investors should view this as an update to my earlier articles on the company. Last week, leading helicopter services provider Bristow Group or “Bristow” reported strong second quarter results, with both top-and bottom line results outperforming consensus expectations: Company Press…
Stay informed with free updatesSimply sign up to the Hedge funds myFT Digest — delivered directly to your inbox.Hedge fund Caxton Associates has made gains of about $270mn this month, as bets on US government debt and the Japanese yen made it one of the big winners from the recent…
Voters keep telling pollsters that their economic insecurities are the biggest issue in the 2024 election. So, it’s a knock on both parties that none of their candidates have yet found a decisive way to address those fears. But both nominees will make new attempts to convince Americans they can…