Check out the companies making headlines in midday trading: Rocket Lab — The space company soared more than 16%, hitting a 52-week high, after packing and shipping two Mars-bound spacecraft to Cape Canaveral, Florida, for launch. The two spacecraft were designed, built, integrated and tested by Rocket Lab for the…

For more than a century, Americans have been turning to a trusted and reliable source for local news: the radio. Now, the terrestrial broadcasts are facing an existential threat as listeners and advertising dollars rapidly shift, forcing stations to slash staff and even sign off the air for good. This…

By Ewa Manthey Spot gold rose above $2,500/oz on Friday afternoon, exceeding the previous record hit last month. The inrease followed disappointing US housing data that has reinforced bets of faster and deeper cuts from the Federal Reserve. Lower borrowing costs are positive for gold as it doesn’t pay interest.…

The World Health Organization’s declaration of a public health emergency for mpox is the second such alert on the infectious disease in barely two years — and experts fear this one is even more serious. The latest outbreak, centred on Democratic Republic of Congo and identified in about a dozen…

Former President Donald Trump said the Presidential Medal of Freedom, which honors civilians, “is actually much better” than the Medal of Honor because service members who receive the nation’s highest military decoration are often wounded or awarded it posthumously. Read the full article here

The Inflation Reduction Act has generated many initiatives to cut drug costs for Medicare beneficiaries. So, it’s possible that those past the age of 65 and still working probably don’t care about any of them. However, the IRA may have created a dilemma. Will the drug coverage incorporated into the…

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…

Borrowers who got a glimpse of lower student loan payments on the Saving on a Valuable Education income-driven repayment plan ran into another roadblock late last week.On Aug. 9, The 8th Circuit Court of Appeals officially blocked President Joe Biden’s administration from moving forward with lowering monthly payments and forgiving…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks jumped Thursday after a better-than-expected July retail sales report indicated consumer spending is holding up despite recession fears. This macroeconomic backdrop “is about as…

The standard, 30-year fixed-rate mortgage averaged 6.49% this week, up slightly from the prior week’s level, Freddie Mac reported Thursday. But that’s still well below this year’s peak and the two-decade high last fall — and that appears to be enough to entice homeowners to refinance. Mortgage applications surged 17%…