DIRS.INFO The most relevant business & tech news

☆ Take some gains and sell today's rally if you are overweight tech: SoFi's Liz Young
▼ + stars: | 2023-03-28 | 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 EmailTake some gains and sell today's rally if you are overweight tech: SoFi's Liz YoungJosh Brown, Liz Young and Jim Lebenthal join 'Halftime Report' to discuss sector technicals, trading the tech market, and the cyclical versus defensives debate.

Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). Our Experts for the Best Personal Loans With No Origination FeesWe consulted personal loan and financial experts to give their insights into finding the best personal loans with no origination fees. See our full ratings methodology for personal loans »Best personal loans without origination fees LightStream Personal LoanSoFi Personal LoanDiscover Personal LoanWells Fargo Personal LoanPenFed Credit Union Personal LoanUSAA Personal Loan Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Personal Loan With No Origination Fees Frequently Asked QuestionsCan you get a personal loan without an origination fee? How to Choose the Best Personal Loan With No Origination FeesTo select the best personal loan for you, look at the factors that are most important to you.

☆ This week triggered a capitulation of investor consensus, says Virtus Investment's Joe Terranova
▼ + stars: | 2023-03-16 | 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 EmailThis week triggered a capitulation of investor consensus, says Virtus Investment's Joe TerranovaVirtus Investment Partners' Joe Terranova and SoFi's Liz Young join 'Closing Bell' to discuss the mega cap backstop, the need to pause Fed rate hikes and fragilities in the banking sector.

☆ Yields and growth are both up but ultimately, they can't both win, says SoFi's Liz Young
▼ + stars: | 2023-03-16 | 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 EmailYields and growth are both up but ultimately, they can't both win, says SoFi's Liz YoungSoFi's Liz Young joins 'Closing Bell' to discuss whether the Fed will pause or hike, the market expectations for Fed policy and what parts of the market are rallying today.

☆ Why student-loan borrowers probably don't need to worry about a major lender's lawsuit to end the payment pause
▼ + stars: | 2023-03-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Student-loan lender SoFi filed a lawsuit to end the student-loan payment pause. Still, it could place constraints on any additional debt relief Biden would implement down the road. After his relief's implementation was put on hold, Biden extended the student-loan payment pause. SoFi's case would likely complicate an additional payment pause extensionSoFi's complaint targeted the latest extension of the student-loan payment pause and didn't explicitly mention a potential further extension. Still, even as Democratic lawmakers have expressed their support for a continued payment pause until borrowers get relief, Republican lawmakers are not on board — some have introduced legislation to block another payment pause extension.

The Best 2% Cash Back Credit Cards of March 2023In terms of versatility, cash back is the most flexible credit card reward. The Best 2% Cash Back Credit CardsBest all-around 2% cash rewards credit card Wells Fargo Active Cash® Card 4.3 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.3 out of 5 Stars Intro offer $200 cash rewards bonus after spending $1,000 in purchases in the first three months from account opening Rewards Earn unlimited 2% cash rewards on purchases. Best All-around 2% Cash Rewards Credit CardThe Wells Fargo Active Cash® Card has no annual fee and earns a flat 2% cash rewards on purchases. Wells Fargo Active Cash card reviewBest 2% Cash Back Card for Balance TransfersLong considered the best cash back credit card, the Citi® Double Cash Card still holds its own despite new offerings from other issuers. How to Choose a 2% Cash Back Credit Card2% cash back credit cards offer some of the simplest credit card rewards around, and they're great for people who don't want to deal with bonus categories, transferring points, or shuffling several cards to get the best return on spending.

☆ A major student-loan lender just asked a federal court to end the payment pause — and return borrowers not eligible for Biden's broad relief back into repayment 'at minimum'
▼ + stars: | 2023-03-06 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Student-loan lender SoFi asked a federal court to end Biden's student-loan payment pause. SoFi also detailed how it has been harmed by the additional payment pause extension. "Because the Moratorium suspended payments and interest for federal student loans, and because privately refinanced loans are ineligible for programs and policies applicable to federal student loans, the Moratorium has eliminated the primary benefits of student loan refinancing. After releasing its fourth-quarter earnings last month, Noto told Yahoo Finance that the latest payment pause extension will "subsidize people that don't need it." "The Department of Education should immediately cancel all federal student loans.

See Insider's picks for the best private student loans >>What is student loan interest? See Insider's picks for the best tax software >>"Student loan interest is tax deductible," says Leslie Tayne, a financial attorney who specializes in student loan debt. Insider's Featured Student Loan Refinance Companies SoFi Student Loan RefinancingSplash Financial Student Loan RefinancingEarnest Student Loan Refinancing Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. APR Variable: 5.09% - 8.99%, Fixed: 4.49% - 8.99% Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 3.99% - 9.24% with AutoPay, Fixed: 4.39% - 9.24% with AutoPay Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Actual rate and available repayment terms will vary based on your income. See Insider's picks for the best student loans without a cosigner >>Will my student loan interest rate change?

☆ Sectors that lead you into a market peak rarely lead you out of a trough, says SoFi's Liz Young
▼ + stars: | 2023-02-28 | by ( ) 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 EmailSectors that lead you into a market peak rarely lead you out of a trough, says SoFi's Liz YoungVirtus Investment Partners' Joe Terranova and SoFi's Liz Young join 'Closing Bell' to discuss Goldman Sach shares dropping following its investor day, resilience in the trading market and competition among banks and financials.

Below, you'll find our top picks for the best banks for avoiding ATM fees. The best banks for avoiding bank ATM fees have free regional or national ATM networks, so you won't be charged for using an ATM. The Best Banks for Avoiding ATM FeesLendingClub Bank: Best online bank for avoiding domestic ATM feesConnexus Credit Union: Best credit union for avoiding domestic ATM feesChase: Best national bank for avoiding domestic ATM feesCharles Schwab: Best institution for avoiding international ATM feesTD Bank: Best regional bank for avoiding domestic ATM feesBetterment: Best online banking platform for avoiding domestic ATM feesWe've included brick-and-mortar banks, online banks, credit unions, and online banking platforms, so you can choose from a variety of options. Unlimited refunds on out-of-network ATM fees Check mark icon A check mark. You could also refer to the schedules of fees document to review ATM fees and ATM withdrawal limits."

☆ Personal spending growth outpacing personal income growth is worrying data: SoFi's Liz Young
▼ + stars: | 2023-02-24 | 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 EmailPersonal spending growth outpacing personal income growth is worrying data: SoFi's Liz YoungLiz Young, SoFi's head of investment strategy, and CNBC's experts discuss the core PCE price index data, the actual inflation data, and more.

Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). As Marcus is no longer accepting new loan applications as a result of its decision to shutter its personal loan business, Marcus is best for existing customers who already have a loan with the company. Marcus Personal Loan DetailsMarcus personal loan amounts range from $3,500 to $40,000 and can be repaid over three to six years, depending on the agreement you strike with the lender. Currently, Marcus is accepting personal loan applications by invitation only, so it is significantly harder to get a Marcus personal loan than in the past. How Marcus Personal Loans Compare Side-by-side snapshot Marcus Personal LoanSoFi Personal LoanLightStream Personal Loan Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

☆ Stock futures slip as investors await key inflation and consumer data: Live updates
▼ + stars: | 2023-02-23 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures slipped Thursday night after the S&P 500 snapped a four-day losing streak. Dow Jones Industrial Average futures fell by 56 points, or 0.17%. S&P 500 and Nasdaq 100 futures dipped 0.16% and 0.27%, respectively. Consumer spending is forecasted to rise 1.4% in January, up from a decline of 0.2% the prior month. Economists polled by the Dow Jones are anticipating new home sales to have risen 0.6% in January.

☆ SoFi's Liz Young says market's in limbo, expects catalyst to the downside
▼ + stars: | 2023-02-23 | 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 says market's in limbo, expects catalyst to the downsideCNBC’s ‘Halftime Report’ investment committee, Cerity's Jim Lebenthal, SoFi's Liz Young, Short Hills Capital's Steve Weiss and Blue Line Capital's Bill Baruch, discuss stocks reversing gains today and where the market goes from here.

☆ The stock market has been flipped and investors are taunting the Fed
▼ + stars: | 2023-02-21 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

As my colleague Matthew Fox writes, the stock market has been completely flipped upside down so far in 2023. This is the type of trading behavior you'd expect to see when interest rates are closer to 0% than 5%. To Kolanovic, the errant investor behavior foreshadows a plunge in the stock market. US stock futures fall early Tuesday, as investors stay worried that persistent inflation means interest rates will stay higher for longer. SoFi's Liz Young warned that a lack of reserve funds could stop this year's stock market rally: "What the equity market is not pricing in at this point, or is not worried enough about, is consumer spending."

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). Federal student loan rates for the 2023-24 school year have risen by the widest margin in about 20 years. While private student loan rates aren't directly affected by federal rates, they're likely to increase because they don't have to stay as low to remain competitive with federal ones. For instance, the Biden administration extended the repayment pause on federal student loans through the end of August 2023. Insider's Featured Student Loan Refinance Companies SoFi Student Loan RefinancingSplash Financial Student Loan RefinancingEarnest Student Loan Refinancing Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

If the 3.5 million Americans taking out loans had bad credit, that difference in interest rate would cost them a cumulative $93 billion. See Insider's picks for the best personal loans »Insider's Featured Personal Loan Companies LightStream Personal LoanMarcus Personal LoanSoFi Personal Loan Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. The cost of borrowing money with bad credit adds up fastWe don't know exactly how many borrowers have good and bad credit, so there's no way to be sure how much more Americans with bad credit are paying on the whole. In other words, bad credit could mean Americans would cumulatively pay as much as $93 billion extra this year. A recent Credit Sesame survey of 5,000 adults in the United States also found Black and Hispanic Americans had lower average credit scores than white Americans.

☆ Stock market investors need to start worrying about Americans running out of savings, SoFi strategist says
▼ + stars: | 2023-02-17 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

That could stop this year's stock market rally in its tracks, according to SoFi's Liz Young. “What the equity market is not pricing in at this point, or is not worried enough about, is consumer spending,” she said Thursday. "I question some of the narrative around us having all these pent-up savings and sitting on these stockpiles of cash," Young said. It also bucks the stock market itself, which has surged at the start of 2023. Read more: The prediction war between stock market bulls and bears is reaching a feverish pitch.

☆ Stock futures slip Thursday night as inflation data, Fed officials' comments worry investors: Live updates
▼ + stars: | 2023-02-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

U.S. stock futures slipped on Thursday night after the major averages suffered declines amid concerns of stubbornly high inflation metrics. S&P 500 and Nasdaq 100 futures dipped by 0.3% and 0.4%, respectively. Fed commentary aside, consumers have been a key focal point for investors this week, particularly in light of the latest round of inflation and retail sales data. There are things to be happy about — the labor market is still tight," SoFi's head of investment strategy Liz Young said on CNBC's "Closing Bell: Overtime." Richmond Fed President Tom Barkin will be speaking about the labor market on Friday morning.

☆ Watch CNBC's full post-market discussion with SoFi's Liz Young, Hightower's Stephanie Link and NewEdge's Cameron Dawson
▼ + stars: | 2023-02-16 | 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 EmailWatch CNBC's full post-market discussion with SoFi's Liz Young, Hightower's Stephanie Link and NewEdge's Cameron DawsonSoFi's Liz Young joins 'Closing Bell: Overtime' to discuss the markets today and what was behind stocks move lower. With Hightower's Stephanie Link and NewEdge Wealth's Cameron Dawson.

☆ The equity market is not worried enough about savings going dry, says SoFi's Liz Young
▼ + stars: | 2023-02-16 | 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 EmailThe equity market is not worried enough about savings going dry, says SoFi's Liz YoungSoFi's Liz Young joins 'Closing Bell: Overtime' to discuss the markets today and what was behind stocks moving lower.

Average interest rates on refinanced student loans are mixed from two weeks ago, according to Credible. Federal student loan rates for the 2023-24 school year have risen by the widest margin in about 20 years. While private student loan rates aren't directly affected by federal rates, they're likely to increase because they don't have to stay as low to remain competitive with federal ones. For instance, the Biden administration extended the repayment pause on federal student loans through the end of August 2023. Insider's Featured Student Loan Refinance Companies SoFi Student Loan RefinancingSplash Financial Student Loan RefinancingEarnest Student Loan Refinancing Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

Add to that mix the classic 60/40 portfolio model — a standard investing benchmark — that helps investors achieve that last point. Below, CNBC Select spoke to two financial professionals about how novices can put a 60/40 portfolio strategy in action. Once you're ready to invest, here are four simple ways to start putting money into a 60/40 portfolio. Vanguard Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected. Wealthfront Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected.

☆ The CEO of a major student-loan lender says he doesn't support broad debt relief and that borrowers 'that are capable of paying need to be put back into payment'
▼ + stars: | 2023-02-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

SoFi CEO Anthony Noto told Yahoo Finance he doesn't support broad plans to cancel student debt. The student-loan payment pause is set to end 60 days after June 30, or 60 days after the lawsuits blocking the relief are resolved. He's not a fan of broad proposals like President Joe Biden's plan to cancel up to $20,000 in student debt for federal borrowers making less than $125,000. But those... that are capable of paying need to be put back into payment, and they shouldn't have their loans forgiven either." Noto had previously expressed his belief that the student-loan payment pause should not continue for all borrowers.

Thousands of no-transaction-fee mutual funds and fee-free mutual funds Check mark icon A check mark. Pros Check mark icon A check mark. Thousands of no-load mutual funds and 50+ Schwab-managed funds; fractional shares (Stock slices) available Check mark icon A check mark. Free stock, option, ETF, and cryptocurrency trades; 1.5% APY on uninvested cash for non-Gold users and 3% for Gold members Check mark icon A check mark. Competitive mobile and online offerings for digital investors and traders Check mark icon A check mark.

Search resuls for: "SoFi's"

25 mentions found