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…

Shortly after the opening bell, we will buy 50 shares of Broadcom at roughly $142.47. Following the trade, Jim Cramer’s Charitable Trust will own 700 shares of AVGO, increasing its weighting in the portfolio to 3.16% from 2.94%. The stock market is headed for another rough day as concerns about…

Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment rate…

There’s been one big question on the minds of Wall Streeters this tech earnings season: When will anyone start making actual money from artificial intelligence? In the 18 months since ChatGPT kicked off an AI arms race, tech giants have promised that the technology is poised to revolutionize every industry…

By Tracy Chen, CFA, CAIA The world watched expectantly as China completed its Third Plenum of the 20th Party Congress, looking for signs of a potential end to exported deflation and weak domestic growth. However, unlike the Third Plenums of 1978 and 2013, which ushered in new chapters of economic…

Bill Ackman descended on downtown Omaha in early May for what UBS billed as a “special fireside chat”.It was an opportunity to get Ackman and his partner Ryan Israel in front of the kinds of investors who had stuck with Warren Buffett for decades, investors who might be interested in…

House Freedom Caucus Chair Bob Good, who was targeted for defeat by former President Donald Trump, conceded the Republican primary in Virginia’s 5th Congressional District after a recount Thursday. “While I am disappointed in the ultimate outcome, it has been my distinct honor to serve as the congressional representative for Virginia’s…

Just about any Medicare beneficiary who takes prescription medications has heard about the donut hole. It has had quite an interesting history. When Part D prescription drug coverage began in 2006, those who landed in the donut hole had to pay 100% of the cost for every drug. That’s likely…

Mortgage rates remained relatively unchanged from last week, with a slight movement higher.  Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage increased to 6.78% this week from 6.77% last week. The average rate on a 30-year loan was 6.81%…

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…