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Today, July 19, 2024, the IRS and Treasury Department released long-awaited final regulations on Required Minimum Distributions. RMDs are mandated yearly withdrawals from IRAs, 401(k)s and other tax deferred retirement plans. The final regulations clarify changes brought about by the SECURE Act, which took effect in 2020, and the SECURE…
Mortgage rates were mixed this week with the standard 30-year note declining slightly for the fourth consecutive reading, while shorter-term rates ticked up a bit. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.86% this week…
A federal appeals court on Thursday issued a ruling that blocks the Biden administration from continuing to implement a new version of its student loan debt handout plan that is designed to reduce monthly payments for borrowers. The U.S. Eighth Circuit Court of Appeals granted a request by seven Republican…
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. Borrowers…
The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in recent years.Such programs, also known as earned wage access, allow workers to tap their paychecks before payday, often for a fee, according to the CFPB.The CFPB proposed an interpretive rule…
A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages.Banks and health care providers saw their services disrupted and TV broadcasters went offline as businesses worldwide grappled with the ongoing outage.…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Corporate America gave social activism a go. Between 2020 and 2023-ish, it really seemed like the big guys were done with the old ways of ignoring societal injustices and…
Note: I have covered Barnes & Noble Education, Inc. or “BNED” (NYSE:BNED) previously, so investors should view this as an update to my earlier article on the company. Barnes & Noble Education Overview Over the past couple of months, shares of Barnes & Noble Education have been nothing short of…
Stay informed with free updatesSimply sign up to the Technology sector myFT Digest — delivered directly to your inbox.Businesses across the world, from airlines to financial services and media groups, have been hit by a global IT outage, causing massive disruption to a wide range of services and operations. Thousands…
Thousands of supporters chanted “fight, fight, fight” and pumped their fists Thursday night as Donald Trump basked in the love of the new Republican Party he built and that hails him as a superhero touched by God. States away, Joe Biden sat isolated and sick in his Delaware beach house…