DIRS.INFO The most relevant business & tech news

☆ When I graduated college, my dad told me exactly what to do with every paycheck. More than a decade later, I'm still doing it.
▼ + stars: | 2023-09-30 | by ( Jennifer Streaks | Senior Personal Finance Reporter | Read More | ) www.businessinsider.com time to read: +5 min

He told me, "If you're working, there are steps you should take so you are always comfortable." Save as much money as you canI save money now automatically so it's in my savings account before I even see it. Pay all of my household bills first, including that cell phone billSometimes we have to learn these money lessons the hard way. I pay every bill in my home first: rent, cable, electric, water, and my cell phone bill. Our cell phones are such a big part of our lives, and you may even use your cell phone for work.

Persons: I'm, what's Organizations: Costco, Netflix, Apple Locations: Paris

☆ Premarket stocks: Warning signs suggest this year's rally is on shaky legs
▼ + stars: | 2023-09-29 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

It’s too soon to tell, but there are alarm bells ringing that indicate investors should be — and are — on edge. Stocks rebounded this year after a bruising 2022, as artificial intelligence excitement led investors to fuel a powerful tech-driven surge. While shares of tech behemoths have led the market’s surge this year, the rally had begun to broaden out in early summer. High yields often mean bad news for stocks, since investors tend to gravitate toward virtually risk-free Treasury bonds when they offer high returns over stocks. Spending in the second quarter grew at its weakest pace since the first quarter of 2022, when it was flat.

Persons: Stocks, Liz Young, “, ”, bode, Goldman Sachs, Danielle Wiener, Bronner, Hudson, Bryan Mena Organizations: CNN Business, Bell, CNN, Federal Reserve, Nvidia, Apple, Microsoft, Silicon Valley Bank, Signature Bank, Treasury, OPEC, Goldman, New, Girl Scouts Heart, Commerce Locations: Ukraine, New York

A credit score under these thresholds is also called a sub-prime credit score, which means that creditors might think twice when reviewing your application for a credit line. However, a combination of serious negative marks on your credit score may seriously hurt your credit score, putting you on the lower end of the score range. While one credit check on your credit report may dent your credit score by a few points, several of these in a short period of time will significantly hurt your credit score. While one credit check on your credit report may dent your credit score by a few points, several of these in a short period of time will significantly hurt your credit score. Lowest credit score frequently asked questionsWhat is the lowest credit score to buy a house?

Persons: VantageScore, aren't, you'll, Enoch Omololu, Erik Beguin, Kendall Meade Organizations: Self, New Canadians, Austin Capital Bank Locations: annualcreditreport.com, Chevron

☆ Q4 Big Ideas: Malcolm Ethridge makes the bull case for SoFi Technologies
▼ + stars: | 2023-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQ4 Big Ideas: Malcolm Ethridge makes the bull case for SoFi TechnologiesMalcolm Ethridge, Executive Vice President at CIC Wealth, explains why he's bullish on SoFi Technologies going into the fourth quarter.

Persons: Malcolm Ethridge, SoFi Technologies Malcolm Ethridge Organizations: SoFi Technologies, CIC Wealth

It's easier to check in regularlyI used to be so anxious looking at my bank accounts that I'd only check them once a month. When I decided to move all of my money into one bank, I picked one that had historically high APYs for its savings accounts and CDs. While APY rates can fluctuate, I've found my bank to offer competitive rates that make me confident in my decision to keep my money here. Earn top savings rates and manage it all with a single secure login. When I had money in different banks, it would take a few business days for money to transfer to a different bank.

Persons: I've

Cruise travel insurance can help cover emergency costs as well, which is why I have an annual travel insurance policy. For Caribbean cruises in particular, this part is easy since almost all spots in and around cruise ports accept US dollars. Drinks (if you drink a lot)I drink a lot on cruises, and I'm not just talking about cocktails and beer. This is why I always have a drink package when I cruise, which is easy since I normally cruise with MSC Cruises. On my next Caribbean cruise, we've booked a resort day pass at an all-inclusive resort in Puerto Plata, Dominican Republic through a platform called Resort for a Day.

Persons: I'm, Coke, we've Organizations: Voyages, MSC Cruises, Caribbean, MSC Yacht Club, Yacht, MSC, tote Locations: Caribbean, Europe, Miami, Puerto Plata, Dominican Republic

☆ Opinion: Taylor Swift-Travis Kelce frenzy sends a toxic message
▼ + stars: | 2023-09-25 | by ( Jane Carr | Opinion Frankie De La Cretaz | ) edition.cnn.com time to read: +8 min

CNN —Taylor Swift broke sports media when she showed up to the Kansas City Chiefs game on Sunday, seated next to tight end Travis Kelce’s mother, Donna. The outing capped a frenzied period of speculation in which the rumor mill had been working overtime to speculate whether Swift and Kelce were, in fact, an item. Swift has been incredibly vocal about how much she dislikes when people speculate about her dating life. “I feel like watching my dating life has become a bit of a national pastime,” she told Rolling Stone in 2014. “Taylor is very focused on work right now and hanging out with her girlfriends,” a source told People magazine.

Persons: Frankie de la, “, Mary, CNN — Taylor Swift, Travis Kelce’s, Donna, Swift, Delia M, Harrington, Kelce, Jason, Sophie Turner, “ Travis Kelce ”, Pat McAfee, “ I’ve, —, Stone, I’ve, ”, they’re, ” Swift, Stephen A, Smith, ” Kelce, Colin Cowherd, “ Travis Kelce, — MEL, “ Taylor, “ Travis Organizations: National Women’s Football League, ”, The New York Times, Sports, CNN, Kansas City Chiefs, NFL, Philadelphia Eagles, MTV, ESPN, Chiefs, —, Swift’s PR Locations: Arrowhead

The stock market can seem like a scary places. We reached out to financial advisors to find out their thoughts on storing cash in savings instead of investing, and here's what they said. Villar uses the example of CD rates from a year ago, which were around 3.5% for a 48-month CD. In the meantime, some investment gains in the stock market could have more favorable tax treatment. Further, consumers can use high-yield savings accounts and CDs as part of their investment strategy to hold their emergency funds, short-term savings and risk-free investments.

Persons: Jeff Rose, Mike Villar, Villar, John Grace, Walter Russell of Russell, Russell, Read Organizations: Investor's, Corporation, Walter Russell of Russell & Company

I have seen this myself when I go to the grocery store and buy five items … for $60. As we know, inflation has resulted in higher consumer costs: higher prices for groceries, gas, and other everyday goods and services. Take advantage of memberships like Costco, where you can buy items in bulk and fuel up at Costco gas stations for less per gallon than the competition. When I sat down and went through my budget, I found several items I didn't know I was even paying for. Leave room for small splurgesYou can save money and not deny yourself happiness.

Organizations: Federal Reserve, Costco, Marriott, Netflix, HULU, Apple

I married my husband when we were both 21 years old. We sold our first house for twice what we paid for it, and I found a way to make my English degree pay. We always wait for movies to leave theaters before we see them, and we've walked miles to avoid paid parking. This mindset has saved us a lot of money through the years, even as it shifted from survival strategy to muscle memory. Because honestly, I am pretty sure those younger, hungrier versions of ourselves are the ones who got us here.

Persons: He's, it's, we've, Harry Potter Organizations: futon

Before inflation and high interest rates, mortgage rates were around 3% and now they can be as high as nearly 7%. The higher interest rates have made many potential homeowners press pause, but are interest rates the only thing you should be watching when considering a home purchase? You have significant debt alreadyIn reality, everyone seems to be carrying some form of debt. To move, means you have to sell your home — and it is really hard to change your mortgage payment. If you have significant debt, maybe wait to purchase a home until that debt is paid off.

Organizations: Federal Reserve

It got me thinking about the money I have stashed away in my current high-yield savings account. Here's why I'm sticking to my current savings account. With Ally, I can enjoy the fact that there are no monthly account fees, nor a minimum balance requirement. That's more money than I would ever feel comfortable keeping in a short-term savings account, let alone locked for a long stretch. Sure, rates are a big part of deciding which high-yield savings account to go with.

Persons: I've, Ally, There's, you'll Locations: Michigan

☆ WWE to bring back 'SmackDown' to NBCUniversal's USA Network
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

Apr 2, 2023; Inglewood, CA, USA; L to R; Solo Sikoa and Roman Reigns and Paul Heyman and during Wrestlemania Night 2 at SoFi Stadium. Mandatory Credit: Joe Camporeale-USA TODAY Sports/File Photo Acquire Licensing RightsSept 21 (Reuters) - WWE's "Friday Night SmackDown" will be back on USA Network late next year, after the wrestling company struck a new partnership deal with Comcast's (CMCSA.O) NBCUniversal to air more shows. WWE, part of TKO Group (TKO.N), will also produce four primetime specials per year for NBC as part of the five-year deal. "With Friday nights on USA, primetime specials on NBC, and the WWE hub on Peacock, we'll continue to use the power of our portfolio to super-serve this passionate fanbase," NBCUniversal Entertainment Chairman Frances Berwick said. USA Network is currently home to "WWE NXT" and "WWE Raw".

Persons: Sikoa, Paul Heyman, Joe Camporeale, we'll, Frances Berwick, Samrhitha, Saumyadeb Chakrabarty, Anil D'Silva Organizations: USA Network, WWE, NBC, Thomson Locations: Inglewood , CA, USA, SoFi, Bengaluru

Identify your financial habits and adjust if need be"Your financial habits will strengthen or weaken your financial health," Jean-Baptiste writes, "and your biggest and smallest life decisions impact your financial habits." She continues: "You have to intentionally develop financial habits that will be the foundational blocks that you build into your daily routines." I had to look at my financial habits and determine if my habits were putting me in a position to save." This piece of advice really resonated with me because I also had to develop financial habits that made room for me to save money. Jean-Baptiste writes, "Saving money is a skill that is developed with practice and steady financial habits.

Persons: Melissa Jean, Baptiste, —, Jean, Uber, I've Organizations: Service

☆ Cramer's Lightning Round: SoFi is a buy
▼ + stars: | 2023-09-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Carpenter's year-to-date stock performance. Stock Chart Icon Stock chart icon Golar's year-to-date stock performance. Stock Chart Icon Stock chart icon Aehr's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon Harmonic's year-to-date stock performance.

Persons: Carpenter, you've, Jim Cramer's Locations: Philadelphia, Emerson

☆ Lightning Round: I'm a buyer, not a seller, of SoFi, says Jim Cramer
▼ + stars: | 2023-09-21 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I'm a buyer, not a seller, of SoFi, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Dycom Industries, Golar LNG, Aehr Test Systems, SoFi and more.

Persons: SoFi, Jim Cramer Organizations: Dycom Industries, Golar, Systems Locations: Golar LNG

☆ Latinos who don’t speak Spanish are getting shamed for it
▼ + stars: | 2023-09-20 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +10 min

They’re all Latinos who’ve been shamed for the way they speak Spanish. About half of US Latinos who don’t speak Spanish have been shamed because of it, the study says, noting that 54% of Latinos who speak no more than a little Spanish say another Latino has made them feel bad for it. “There’s a subtle but ongoing shift in the share of Latinos who speak Spanish at home,” Lopez says. “I don’t know how he knows what I said on Univision, because he doesn’t speak Spanish.” Cruz fired back – in Spanish – and the debate continued. According to Pew’s study released this week, most US Latinos speak Spanish, but the share of Latinos who do differs by generation.

Persons: Sen, Ted Cruz, Oscar, Ariana DeBose, who’ve, ’, ”, Mark Hugo Lopez, ” Lopez, “, Marco Rubio, Cruz sparred, Rubio, ” Cruz, •, DeBose, Lin, Manuel Miranda, I’m, ” DeBose, Ariana Debose, Jackie Rodriguez, Rodriguez, She’s, Spanish Sin Pena, pena, Sin Pena, Wendy Ramirez, it’s, ” Rodriguez, “ It’s, José Medina, Medina, he’s, Carlos Torres, who’d, ‘ You’ve, You’ve, who’s, Yo Sabo, Torres, Jessica Rosales, sabo, ” Torres, Jessica Rosales Torres, Rosales, Pew’s, Spanish Jess Organizations: CNN, Pew Research Center, Pew, Census, Republican, Univision, Mexico’s CONCACAF, Pew Research, Getty Locations: Spanish, SoFi, Inglewood , California, U.S, Mexico, California

I've had an emergency fund since I was in college, and it's saved me multiple times. At the time, my emergency fund wasn't much more than $300 itself, but that was enough to get me through. I still wanted to do what I could to support the household, however, and my emergency fund allowed me to help with those costs. Having an emergency fund in place allowed me to have a financial foundation to make everything else work. Having the emergency fund allowed me to make tough life choices without the fear of financial repercussions.

Persons: I've, it's Organizations: Service Locations: Wall, Silicon

Their work progressed, and an Apple investing feature was meant to roll out in 2022. Source: AppleThe Apple Card launched with much fanfare three years ago, but the business brought regulatory heat and racked up losses as its user base expanded. Earlier this year, Goldman rolled out a high-interest savings account for Apple Card users, offering a 4.15% annual percentage yield. Before Goldman's pivot away from retail banking, the company examined ways to expand its partnership with Apple, sources said. WATCH: Goldman's Apple Card faces mounting credit losses

Persons: Goldman Sachs, Goldman, Tim Cook, Loren Elliott, That's, David Solomon, Charles Schwab, Morgan Stanley's, It's, Robinhood, Elon Musk's Organizations: Apple, Goldman, Reuters Apple, GameStop, AMC, Apple Card, American Express, . Stock, eToro, PayPal Locations: Cupertino , California, U.S, Block's

☆ A soft landing isn’t likely to happen, says SoFi’s Liz Young
▼ + stars: | 2023-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA soft landing isn’t likely to happen, says SoFi’s Liz YoungLiz Young, SoFi head of investment strategy, joins ‘Closing Bell’ to discuss today’s Fed decision and the long-term economic outlook.

Persons: SoFi’s Liz Young Liz Young, Bell

☆ NFL Thursday Night Football: D’Andre Swift runs over Minnesota Vikings in Philadelphia Eagles win as Justin Jefferson makes history
▼ + stars: | 2023-09-15 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

CNN —D’Andre Swift put in a dominant performance as the Philadelphia Eagles punished an error-prone Minnesota Vikings on Thursday in 34-28 win. However, between Swift and quarterback Jalen Hurts, the Eagles were able to find enough explosive plays to keep Minnesota at bay. The Vikings’ quarterback was hit 10 times, including two sacks. “And our staff, we need to go back and continue to find ways to re-emphasize how important it is when you have the football in your hands playing for the Minnesota Vikings. Sue Ogrocki/AP Tampa Bay Buccaneers WR Deven Thompkins runs with the ball during the fourth quarter of a 20-17 win against the Minnesota Vikings at US Bank Stadium in Minneapolis.

Persons: CNN — D’Andre Swift, Swift, LeSean McCoy, ”, Nick Sirianni, “, Jalen, DeVonta Smith, Kirk Cousins, Terrell Edmunds, Fletcher Cox, Derik Hamilton, Kevin O’Connell, we’ve, ” O’Connell, I’ve, we’re, Aaron Rodgers, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Hayden Hurst, Richie Grant, Dale Zanine, Jakobi Meyers, Denver Broncos CB Damarri Mathis, Ron Chenoy, Joe Burrow, Grant Delpit, Sue Ogrocki, Deven Thompkins, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, TJ Watt, Brock Purdy, Matt Freed, Patrick Mahomes, Jay Biggerstaff, Justin Jefferson, Jefferson, Odell Beckham Jr, Darius Slay, Michael Owens Organizations: CNN, Philadelphia Eagles, Minnesota Vikings, Eagles, Philadelphia, Detroit Lions, Research, Vikings, New York Jets, Buffalo Bills, NFL, Green Bay Packers, San Francisco 49ers, Pittsburgh Steelers, Acrisure, Getty Images Carolina Panthers, Atlanta Falcons, Benz, Falcons, USA, Network, Reuters Las Vegas Raiders, Denver Broncos CB, Raiders, Reuters, Cincinnati Bengals, Cleveland Browns, Browns, Tampa Bay Buccaneers, US Bank, Los Angeles Chargers, JK, Miami Dolphins, Chargers, Dolphins, Reuters Baltimore Ravens, Houston Texans, Baltimore, Texans, Getty Images Pittsburgh Steelers, Niners, Kansas City Chiefs Locations: Minnesota, Pennsylvania, Minneapolis, Missouri

☆ The latest data signals the Fed will pause next week and keep future rate hikes on the table
▼ + stars: | 2023-09-15 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

That data indicates that the Federal Reserve is still likely to hold rates steady next week, some investors say. Inflation: US inflation climbed 3.7% in August from the prior year, marking an acceleration for the second consecutive month, according to the latest Consumer Price Index. Excluding the boost from gas station sales, retail spending added 0.2% in August from July. Traders see a roughly 97% chance that the central bank keeps rates unchanged in September, according to the CME FedWatch Tool. The central bank has now raised its main interest rate at 10 consecutive meetings, taking it to the highest level since the launch of the euro currency in 1999.

Persons: “, ”, Sam Millette, Price, Taylor Swift, Bill Adams, Jerome Powell, Liz Young, CNN’s Olesya, Michelle Toh ., Read Organizations: CNN Business, Bell, CNN, Federal Reserve, Commonwealth Financial Network, National Federation of Independent Business, Comerica Bank, Traders, European Central Bank, Central Bank, ECB, Cornell University, Schroders, Fashion, Cornell’s Global Labor Institute Locations: Saudi Arabia, Russia, Jackson Hole , Wyoming, Bangladesh, Pakistan, Vietnam, Cambodia, Schroders

☆ SoFi's Liz Young on August inflation data: Consumers are facing an uphill battle
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi's Liz Young on August inflation data: Consumers are facing an uphill battleLiz Young, SoFi head of investment strategy, joins 'Squawk Box' to discuss the latest market trends, why she says this week's CPI data was either a positive or a worrying sign depending on who you ask, the impact on consumer, and more.

Persons: Liz Young

☆ SoFi CEO talks second-quarter growth and 'stealing share' from big banks
▼ + stars: | 2023-09-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Anthony Noto, CEO of digital banking and personal finance company SoFi , told CNBC's Jim Cramer the company has been able to grow immensely since it received its banking license. The company has its roots in financing student loans but was licensed to become a bank last year. SoFi's second-quarter report showed the company had gained more than 584,000 new members during the quarter, with more than 6.2 million total members, up 44% year over year. Noto added that SoFi is attracting customers with its mobile-first technology and financial products such as personal loans to pay off credit card debt, as well as student loan refinancing. "If you have a student loan, you want to lower your monthly payment, you're able to do that either via a lower rate or extending the term," Noto said.

Persons: Anthony Noto, CNBC's Jim Cramer, we've, SoFi's, Noto Locations: FactSet

☆ Jim Cramer goes one-on-one with SoFi CEO Anthony Noto
▼ + stars: | 2023-09-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer goes one-on-one with SoFi CEO Anthony NotoSoFi CEO Anthony Noto joins 'Mad Money' host Jim Cramer to talk quarterly growth in membership, consumer trends, competition in the banking sector and more.

Persons: Jim Cramer, Anthony Noto

Search resuls for: "SoFi"

25 mentions found