May 23, 2025

inc.

Investment

How is Quincy’s S&P credit rating and economic outlook?

QUINCY ‒ Quincy’s economic outlook has been revised downward from stable to negative, while maintaining its “AA” score on long-term debt, according to S&P Global’s ratings. “AA” is the third highest grade issued by the agency. The change stems in part from the $91.9 million loss on investment sustained by Quincy’s retirement system in 2022,

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Loans

A guide to student loans as the Education Department begins collections

NEW YORK (AP) — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their

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Banking

Cord Blood Banking Leader Cryo-Cell Announces Cash Dividend

OLDSMAR, Fla., May 08, 2025–(BUSINESS WIRE)–Cryo-Cell International, Inc. (NYSE American LLC Symbol: CCEL) (“Cryo-Cell”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced today that, as a result of the current economic environment and other capital allocation alternatives, its Board of Directors has approved the payment of a

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Mortgage

Interest rates to be cut ‘five times’ this year in major boost for mortgage holders

Fears of an economic slowdown are expected to prompt a Bank of England rate cut next week – with more to follow – leading to potentially big savings for millions of mortgage borrowers The Bank of England could slash its base rate to 3.75% this year in a boost to the home sales(Image: Yui Mok/PA

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Investors

Tariffs will take a bite out of Apple. Should investors buy or sell?

Prosper Junior Bakiny  |  The Motley Fool Apple to source more iPhones from India to beat Trump’s tariffs: Report Apple is reportedly looking to source more iPhones from India as a way to bypass President Donald Trump’s new tariffs. Straight Arrow News President Trump‘s economic policies are causing significant volatility in the stock market. On

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Banking

Pathward Recognized for Banking as a Service Innovation in 2025 FinTech Breakthrough Awards Program

Pathward has been named “Best Banking as a Service Solution Provider” in the 9th annual FinTech Breakthrough Awards program. Through its fintech partnerships, Pathward offers various payments solutions through retailers and other consumer-facing businesses. Prestigious annual awards program honors outstanding financial technology products and companies around the world SIOUX FALLS, S.D., April 02, 2025–(BUSINESS WIRE)–Pathward

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