Author: Money Mechanics

Worthington Enterprises, Inc. WOR will release earnings for the first quarter, after the closing bell on Tuesday, Sept. 23.Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 70 cents per share. That’s up from 50 cents per share in the year-ago period. Worthington projects quarterly revenue of $291.84 million, compared to $257.31 million a year earlier, according to data from Benzinga Pro.On June 24, Worthington Enterprises reported better-than-expected fourth-quarter financial results.Worthington Enterprises shares gained 2.8% to close at $62.75 on Thursday.Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by…

This week, central banks, especially the Fed and BoE, dominate financial market attention. The Fed’s 25bp rate cut aligns with expectations, while BoE remains cautious on cuts. BoE’s decision affects GBP/USD volatility with eyes on key price levels. Looking for actionable trade ideas to navigate the current market volatility? Subscribe here to unlock access to InvestingPro’s AI-selected stock winners. This week’s focus is squarely on central banks, with the Fed and the Bank of England setting the tone. The Fed yesterday, in line with expectations, and signaled room for further easing as the softens. The Bank of England, by contrast,…

The Federal Reserve announced Wednesday it will lower its benchmark rate by a quarter point, paving the way for relief from some of the high borrowing costs that have weighed on consumers.The federal funds rate, which is set by the Federal Open Market Committee, is the interest rate at which banks borrow and lend to one another overnight. Although that’s not the rate consumers pay, the central bank’s moves still affect the borrowing and savings rates they see every day.”The impact on household finances is likely to be mixed,” said Brett House, economics professor at Columbia Business School.”For households with variable-rate loans or other…

Key Takeaways The wage gap between men and women has existed for decades, and persists in the U.S. economy, widening last year.More recent data suggests that women make about 82% of what men make, below the peak of about 84.6% reached in mid-2023.Certain jobs still tend to be dominated by men and women, and experts recommend steps like seeking out more education and certifications for women looking to boost their pay. Women still make less than men, and the pay gap between those two genders widened again last year, according to data released last week by the Census Bureau. The…

(Oil Price)– Energy security and affordability have trumped fears of stranded assets in recent years, prompting the world’s biggest international oil and gas firms to shift focus back to exploration after years of trying to develop clean energy solutions.   Big Oil has scaled back investments in renewables, at least those majors that tried to become key green energy providers, as poor returns from clean energy and demand, cost, and regulatory challenges further diminished the appeal of returns on investments in solar and wind. Back to the Basics European majors BP and Shell reversed their pledges from the early 2020s to…

Key Takeaways Recent analyses show that President Donald Trump’s crackdown on immigration is reshaping the economy in the short and long term.The population could be millions lower in 2034 than it would have been under previous policies.Because of the crackdown, lower-skilled workers could earn higher wages. Meanwhile, higher-skilled workers, who make up 63% of the population, could have lower earnings. President Donald Trump’s crackdown on immigration will have a seismic impact on the economy in the short term and far into the future, according to recent analyses.For decades, the U.S. economy has depended on the labor of immigrants, both authorized…

Key Takeaways The Fed’s rate cut on Wednesday will put downward pressure on savings and CD yields. For now, the best CD offers are still on the table—letting you lock in mid-4% returns well into 2026. Longer-term CDs may also be smart if Fed projections for additional cuts this year and beyond play out. Banks can change or withdraw CD offers without warning, so acting quickly may be a wise move right now. The full article continues below these offers from our partners. The Fed Cut Rates, but Savers Still Have Strong CD Options After nine months on hold, the…

Key Takeaways PayPal and Google said they’re partnering to create new shopping experiences online with artificial intelligence.As part of a multiyear tie-up, Google will embed PayPal across its platforms, and PayPal will use Google’s AI to enhance its e-commerce services and security, the companies said.Google is working to expand its role in agentic commerce, with AI agents that can help shoppers find and compare products, as well as make purchases online. PayPal and Google are teaming up to help you shop online with artificial intelligence. As part of a multiyear deal, Google will embed PayPal (PYPL) across its platforms for…

A high percentage of Medicare Advantage plan members make a critical mistake, according to a study from Mass General Brigham, a major hospital system.Medicare beneficiaries can choose between original Medicare and a Medicare Advantage plan. Advantage plans are required to cover everything that original Medicare covers. Advantage plans also may offer additional benefits, which many do. Most Advantage plans offer some level of dental, vision and hearing benefits, which aren’t covered at all by original Medicare. Advantage plans also often pay for additional services, such as transportation to medical appointments, fitness club memberships and more.The Advantage plans receive more money…

Key Takeaways The average FICO score dropped to 715 in April 2025, down from 717 in 2024, because of rising credit utilization and increased delinquencies. Student loan delinquencies surged after COVID-19 protections ended, appearing on borrowers’ credit reports in early 2025. Gen Z has been hit the hardest, with their average scores falling more than other groups due to student loan burdens. The last time scores fell this much or more was in 2009, when the average dropped three points. In the past year, credit scores have declined at their fastest rate since the Great Recession as borrowers deal with…