Author: Money Mechanics

Key Takeaways The July Personal Consumption Expenditures index showed that overall prices rose by 2.6% over the past year, meeting economists’ forecasts and matching the prior month’s results.The closely followed core PCE inflation reading ticked slightly higher from the prior month to 2.9%.Federal Reserve officials are closely monitoring inflation ahead of a possible interest rate cut next month. Friday’s inflation reading will likely cause central bankers to focus even more on next week’s jobs report. The Federal Reserve’s preferred inflation measurement stayed higher than the central bank’s target in July, but it didn’t dash traders’ hopes for a rate cut.…

’s price fell due to profit-taking after reaching a $124,447 peak. Fed rate cut speculations and Trump tensions create selling pressures on risky assets. Institutional demand strong; Ethereum sees inflow shift, pressuring Bitcoin ETF flows. Looking for actionable trade ideas to navigate the current market volatility? Subscribe here to unlock access to InvestingPro’s AI-selected stock winners. In early August, Bitcoin hit a record high of $124,447. However, it then fell by nearly 12% because investors sold off their holdings to take profits and some leveraged positions were closed. Meanwhile, statements from at suggested the possibility of a in September, but…

CreditAssociates (www.creditassociates.com) is a Texas-based debt relief company specializing in debt settlement programs. They promote themselves as a fast-track way to become debt-free, often advertising that clients can resolve debt in 24–36 months by negotiating down what they owe. While their marketing promises are aggressive, consumers should be cautious and compare them against more transparent companies like New Era Debt Solutions, which consistently receives top ratings for client satisfaction and fee clarity. #1 Rated Debt Relief Company in 2025? Thinking about CreditAssociates? Before enrolling, we highly recommend reviewing New Era Debt Solutions, our #1 pick for 2025. With no upfront…

Key Takeaways If you’re worried about retirement, take action now in to assuage your fears. Save more each year in your 401(k)—even 1% more makes a difference—and save enough to receive a matching contribution from your employer. Establish a retirement savings cushion, putting aside two to four years of living expenses in money market funds, certificates of deposit (CDs), and short-term bonds. Don’t wait for retirement to try out a new budget. Give it a test-drive now and see what changes you may need to make, such as boosting your current income and cutting expenses. If just thinking about retirement…

Key Takeaways Single people should build investment contributions into their budget as a non-negotiable line item, just like rent or utilities, to ensure they save for their future even when living costs are high. Even investing $50 monthly can grow dramatically over decades because of compounding, making it crucial to start now rather than waiting for when you have a higher income. Living alone means all the bills fall on your shoulders. But even solo, you need to save and invest over time. “Investing is not a luxury, it’s your ticket to a better life—even when money is tight,” Netta…

Federal prosecutors filed a misdemeanor charge against a Washington man accused of throwing a sub-style sandwich at a federal officer after a grand jury declined to indict him on a felony, according to court records and prosecutors.Prosecutors Bypass Grand Jury In D.C. Sandwich Toss CaseAccording to a Reuters report, prosecutors on Thursday charged Sean Charles Dunn, by information, a move that bypasses the grand jury and allows the case to proceed directly to a judge to determine probable cause. The downgraded count carries a maximum one-year sentence, far less than the eight-year maximum attached to the initial felony assault allegation.Authorities…

It’s not for a lack of trying on the part of some technology providers.  If anything, title professionals are overwhelmed by the constant stream of new solutions promising to revolutionize their operations. The real challenge lies in how these technologies work together—or more accurately, how they don’t. Too many providers build walls around their platforms, forcing agents to choose between the most effective solutions for their own unique operations and seamless workflow integration. This approach completely ignores how title agencies—especially larger firms – operate in the real world. It’s been said many times before but bears repeating: every title agency…

Kerry Wan/ZDNETFollow ZDNET: Add us as a preferred source on Google.It’s been agreed upon by the ZDNET team that the OnePlus 13 is this year’s sleeper hit. At a starting price of $899, the flagship phone can compete against more expensive phones like the Pixel 10 Pro XL and Samsung Galaxy S25 Ultra. And we have OnePlus’ clean yet highly customizable software experience to thank for that.Also: You can try Android 16’s new lock screen widgets – if you have one of these phonesIf you switched to a OnePlus phone recently or have been using one since its startup days, there’s a good…

More and more Americans over 55 are choosing to rent rather than own their homes. Over the last decade, renters in this age group have risen faster than any other, with the number of renters aged 65 and older surging 30% in the same period, according to a recent Point2Homes study.What’s behind the move from owning to renting as people get older? A lot of different factors are at play from rising costs to the desire to cut down on time spent maintaining a property. Despite the common assumption that ownership is always the best choice, there are situations where…

You’re smart. You work hard. But when it comes to money, things just feel … stuck.Maybe it’s the unopened credit card statements, the vague anxiety that hits every time you check your bank app or the simple fact that no matter how much you try to budget, something always throws you off.If you’re overwhelmed by your finances, you’re not alone — and you’re definitely not beyond help. Most of us were never taught how to manage money in a way that feels doable in real life. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor.…