Author: Money Mechanics

Key Takeaways Scholastic’s quarterly loss increased and sales slumped as schools limited spending on books because of uncertainty over government education funding.The children’s book publisher reported revenue at its Education Solutions segment slid 28%.Scholastic is seeking investors for sale-leaseback deals for its real estate in New York City and Jefferson City, Missouri. Scholastic (SCHL) shares sank Friday after the children’s books publisher reported a quarterly loss as schools pulled back on spending because of uncertainty over government funding. The company posted a fiscal 2026 first-quarter loss of $97 million, compared with the $92 million loss recorded a year ago. Revenue…

The Cboe Magnificent 10 Index is your gateway to the performance of 10 tech and growth-oriented U.S.-listed companies. This equal-weighted index is designed to capture the growth of large cap stocks shaping the future of the global economy. The value of the MGTEN Index will be available on the Cboe Global Indices Feed via the Cboe Global Indices Channel. The index includes:NVIDIA Corporation — NVDAApple Inc. — AAPLAmazon.com, Inc. — AMZNAlphabet Inc. (Google) — GOOGL (Class A)Microsoft Corporation — MSFTMeta Platforms, Inc. (Facebook) — METATesla, Inc. — TSLAAdvanced Micro Devices, Inc. (AMD) — AMDBroadcom Inc. — AVGOPalantir Technologies Inc. —…

Generation Z may soon face a crisis of debt woes, with a new survey showing that more than half (56%) of Gen-Z respondents (compared with 47% of all Americans) believe the Trump tariffs are contributing to their struggles with mounting credit card bills. For many young adults, this isn’t a matter of overspending—it’s about the rising cost of basics like food, clothing, and electronics, much of which is being pushed higher by tariffs. Why Tariffs Could Be Increasing Personal Debt With credit card delinquency rates among 18-to-29-year-olds over 10% and average card balances nearing $6,500, younger Americans are not wrong…

Key Takeaways While 70% of Americans, according to Gallup, say the wealthy pay too little, that doesn’t mean they’ll take advantage of tax loopholes themselves. Making it easier for regular people to use tax-saving strategies would help level the playing field. You’re more likely to copy your neighbor’s tax strategy than that of a billionaire, as tax-saving behaviors tend to spread through close social circles, rather than through news headlines about the 1%. A 2025 Gallup poll found that 50% of Americans say their income tax rate is unfair, with 70% saying that corporations pay too little and 58% claiming…

Key Takeaways Nearly 71 million Americans are covered by Medicaid, yet the program is expected to see nearly $1 trillion in cuts over the next decade.States with a larger proportion of Medicaid enrollees as a share of their population will be disproportionately impacted.California, New Mexico, New York, and Louisiana have the highest percentages of their populations covered by Medicaid, but Washington, D.C.’s share is higher than that of any state. Nearly 71 million Americans are covered by Medicaid, and in some states, a third or more of the population relies on the program. Yet, the federal government is scheduled to…

Key Takeaways Nvidia announced a $5 billion investment in Intel this week, raising worries Arm and Advanced Micro Devices could face stiffer competition.However, some Wall Street analysts indicated the tie-up could have less of an impact on Arm and AMD than a slide in their shares would suggest.Bank of America and Bernstein analysts said shares of companies that sell chipmaking equipment could get a boost if the deal leads to more business for Intel’s foundry. Some investors reacted strongly—and quickly—to Nvidia’s $5 billion investment in Intel, fearing stiffer competition for Arm and Advanced Micro Devices. Those initial worries appear to…

Johnson Controls Intl JCI has outperformed the market over the past 15 years by 2.32% on an annualized basis producing an average annual return of 14.77%. Currently, Johnson Controls Intl has a market capitalization of $71.80 billion. Buying $100 In JCI: If an investor had bought $100 of JCI stock 15 years ago, it would be worth $791.82 today based on a price of $108.77 for JCI at the time of writing.Johnson Controls Intl’s Performance Over Last 15 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of…

After sharp swings earlier this month, crypto markets settled into narrower ranges last week as investors weighed interest-rate policy and fresh regulatory signals. Bitcoin gained about 1.5%, extending its two-week climb in the wake of the Fed’s rate cut, while altcoins remained more hesitant. Ethereum’s partial downtrend dragged on broader altcoin sentiment, leaving the market without a clear direction.Fed in the SpotlightCaution dominated the first half of the week ahead of the Fed’s . Bitcoin hovered around $115,000, while altcoins lagged. On Wednesday, optimism over a potential cut pushed Bitcoin briefly above $116,000.The Fed delivered a widely expected 25-basis-point cut.…

As the insurance-linked securities (ILS) market continues to expand, Howden Capital Markets & Advisory (HCMA) expects to see a continuation of growth in the catastrophe bond space, alongside continued opportunities in property catastrophe-focused sidecars and growing interest in casualty sidecars, Mitchell Rosenberg, Global Co-Head of ILS told Artemis in an interview.Speaking with Artemis at the Monte Carlo Rendez-vous event, Rosenberg shared what HCMA’s outlook is for the global ILS sector as the industry begins to move into 2026. “HCMA looks at ILS quite broadly. In the cat bond market, we expect a continuation of growth in terms of new sponsors,…

President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow U.S. companies to hire foreign workers in fields that that typically require technical expertise like IT, engineering, mathematics, or medicine. The program is capped at 65,000 new visas annually, plus an additional 20,000 for foreign graduates with advanced degrees from U.S. universities. The visas are…