Author: Money Mechanics

Key Takeaways A casino stock surged on Thursday, Oct. 23, 2025, as its recent investments began to pay off, while a health insurer came under pressure amid rising medical costs.Las Vegas Sands stock gained ground after the casino operator beat quarterly estimates and raised its dividend.Shares of Molina Healthcare tumbled as the insurer’s medical cost ratio climbed, reflecting increased expenses from its government-sponsored plans. A casino, hotel, and resort operator touted benefits from recent projects in Asia as factors behind its strong quarterly performance, and its shares powered higher. Meanwhile, a health insurer’s stock plunged after the company reported increasing…

It was a choppy start to Thursday’s session, but stocks stabilized by mid-morning. Earnings season continues to drive price action, though market participants are anxious to see the delayed release of the September Consumer Price Index (CPI) report, which is due out tomorrow morning.At the close, the blue-chip Dow Jones Industrial Average was up 0.3% at 46,734, the broader S&P 500 was 0.6% higher at 6,738, and the tech-heavy Nasdaq Composite had gained 0.9% to 22,941.Honeywell (HON) emerged as the best Dow Jones stock today, rising 6.8% after the industrial conglomerate reported higher-than-expected third-quarter earnings and revenue thanks to strong…

Safe Withdrawal Rates for Every Investment Horizon, From 3 to 50 YearsThis article draws heavily on Bill Bengen’s new groundbreaking safe withdrawal rate research and references his latest updates. Bill was kind enough to review the article and his insights are included. Bill is widely recognized as the originator of the “4% rule” and nearly every academic paper, financial-planning article, and media piece on retirement withdrawal rates references his work. Bill now unveils his updated safe withdrawal rate for a 30-year investment horizon* — increasing it from 4.0% to 4.7%. The increase from 4.0% to 4.7% stems primarily from Bill’s…

KEY TAKEAWAYS This year’s rally in gold paused this week as some investors reaped the rewards of profits they have made.Analysts, though, remain bullish that demand for gold will persist.That would be good news for gold miners, whose shares have soared this year. The year-long rally in the price of gold paused this week as some investors cashed in and trimmed their exposure to the precious metal. Nevertheless, analysts say the structural demand that has underpinned gold’s surge remains in place. Gold fell 6% Tuesday, suffering its biggest one-day drop in 12 years and its largest one-day dollar decline ever.…

Key Takeaways The Mortgage Bankers Association said that mortgage rates could be as high as 6.5% at the end of 2026, while Fannie Mae projections show rates as high as 5.9% at that time.That would mean an extended period of elevated mortgage rates not seen in more than two decades.Experts have predicted mortgage rates need to fall to 5.75% to bring buyers back into the housing market. The Fed is poised to cut interest rates again next week, but it may not matter much for the housing market. Recent projections show that mortgage rates are likely to stay high through…

It’s okay if you miss work after retiring — even Michael Jordan does. The GOAT of basketball hung up his sneakers over twenty-one years ago, but he still wishes he could take a ‘magic pill,’ suit up, and hit the court.The six-time NBA champion knows a lot about retirement. He retired twice, in 1993 and 1999, and as a result, he’s espoused a lot of wisdom over the years. From how he spends his time to the things he misses most, here are four memorable things Jordan has said about retirement.Four Michael Jordan wisdoms on retirement life (Image credit: Getty…

Key Takeaways IBM shares slid on Thursday as investors scrutinized the tech giant’s third-quarter earnings and focused on slowing cloud growth.IBM delivered “an overall clean quarter” according to Bank of America analysts, who reiterated their “Buy” rating on the stock. The devil is in the details, as they say. Shares of IBM (IBM) slid Thursday after the tech company’s third-quarter results exceeded expectations on the top and bottom lines, but contained a few tidbits that left Wall Street disappointed.  IBM reported adjusted earnings of $2.65 per share, up 15% from the year-ago quarter and above the consensus estimate of $2.44.…

Republic Technologies Inc. has arranged a $100 million secured convertible note facility with a leading institutional investor to strengthen its Ethereum operations and increase its ETH reserves. The financing carries 0% interest and opens with a $10 million tranche. In a statement shared with Cryptonews.com, the company said over 90% of the proceeds will be used to acquire ETH that will support validator and attestation infrastructure. The structure of the facility removes mark-to-market collateral requirements, which prevents margin calls and provides additional capital flexibility. Republic added that similar facilities in the market typically charge 8–10% interest and require greater collateral…

Thank you for asking me to be part of this celebration of 25 years of the New Markets Tax Credit (NMTC) and also the historic achievement of its permanent extension.1 I consider the credit a great achievement for communities all across the United States. I’m honored to be here with you celebrating its legacy of bringing jobs and opportunity to lower-income communities—a lasting impact that benefits all Americans. Before I talk about the NMTC itself, let’s go back and remember some history of how it came about. In the 1990s, there was a lot of partisan conflict about federal anti-poverty…

Silver futures continue to exhibit strong mean reversion behavior within both the daily and weekly VC PMI frameworks, with the current price at $49.005, reflecting a 2.78% gain on the session. The recent rebound from $46.82 marks a pivotal technical recovery from deeply oversold conditions, where both the Daily Buy Zones ($46.78–$45.89) and Weekly Buy Zone ($47.12–$44.11) were tested successfully. This validation of demand beneath the $47 level underscores the market’s capacity to absorb selling pressure and reestablish its equilibrium point near the Daily VC PMI mean at $47.7 The structure now shifts toward testing the upper resistance cluster defined…