Author: Money Mechanics

Key Takeaways The Federal Reserve’s latest set of projections foresees inflation as measured by core PCE prices falling to a 2% annual rate by the end of 2028.If the Fed’s assessment is accurate, inflation will have run above the Fed’s target for more than seven years.The projections highlighted the central bank’s struggles to wrestle inflation down to its target as tariffs push up consumer prices. Federal Reserve Chair Jerome Powell once called the pandemic-era burst of high inflation “transitory.” Fed officials now expect it to last more than seven years from when it started. That’s according to the latest set of…

Key Takeaways The SEC has approved general listing standards for crypto ETFs.The new framework is expected to lead to an explosion in crypto ETF listings in the coming weeks and months.Under the new framework, crypto ETFs can be fast-tracked if the underlying crypto asset has had a futures market on a regulated exchange for at least six months and meets other standards. The Securities and Exchange Commission has paved the way for a flurry of new crypto-related exchange-traded funds. The SEC late Wednesday announced that it approved generic listing standards for commodity-based exchange-traded products, fast-tracking the approval for crypto funds.…

NVIDIA Corp. NVDA  CEO Jensen Huang revealed that the company’s $5 billion investment and collaborative efforts with Intel Corp. INTC were the result of nearly a year of discussions between the two firms. Nvidia plans to work with Intel to build AI data center systems that combine Intel’s x86 processors with Nvidia’s GPUs and networking products, according to CNBC. Read Next: NBA Star Kevin Durant Forgot His Coinbase Password—And Bitcoin Soared 11,000% “We’re going to become a very large customer of Intel CPUs, and we’re going to be a large supplier of GPU chiplets into Intel,” Huang said.Details of the PartnershipHuang personally discussed…

Yesterday’s session was just perfect.Fed Cut Sparks Whipsaw Reaction in Markets The initial reaction was in tune with what made sense given Fed’s , but it was soon overwhelmed by the buy-the-rumor-sell-the-fact type of reaction. The one that you knew was coming. declined and the rallied back up, both created reversals. Gold a bearish one, and the USD Index – a bullish one. Both moves continue today – gold is down, and the USD Index is up. While gold’s and miners’ decline might be turning most heads, it’s the USD Index’s picture that holds the key to understanding what’s most likely…

When readers ask me about tax relief companies, I look for the same basics every time: who is actually doing the work? What services do they offer? How much do they charge? What are their reviews and ratings? Five Star Tax Resolution is a firm in the “tax problem solving” space, and my goal here is to explain how to evaluate them, what to expect from the process, and the questions I would ask before signing anything… What Five Star Tax Resolution does Like other popular tax resolution firms (such as Tax Relief Advocates who you probably hear continuously on…

That total is more than triple what sellers anticipated. More than half (55%) said they were surprised by the costs — and nearly one-quarter (22%) went into debt to cover them. Forty percent reported feeling financially strained during the process. In 2025, the average seller profit was $166,702 — up 14% from 2024. Still, 51% of those surveyed said their profits were lower than expected due to high expenses. Other findings of the report include: 80% of sellers reported regrets, most commonly about agent commissions 67% of sellers who went without an agent believed they saved money, although only 68%…

Aleksandra Konoplia/Moment via Getty ImagesFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysRay3 has multimodal reasoning abilities, according to Luma AI.AI developers are pushing video models onto creative industries.Some tools are positioned as automated creative partners.Just a few years ago, AI-generated video clips were a laughing stock on the internet — anyone remember the nightmarish video of AI-generated Will Smith wolfing down spaghetti? The technology has come a long way since then: Today, tech startups are competing to deliver generative AI tools which, at least in their vision of the future, aim to rival the quality of Hollywood production studios…

Is a deal with AI darling Nvidia enough to win investors over to Intel’s stock? A $5 billion investment and a promise to co-develop chips for data centers and PCs from the chip designer at the heart of the AI boom sent Intel (INTC) shares soaring 23% to around $31 Thursday. That brought the stock to levels not seen since July 2024, before a wider-than-expected loss and massive restructuring plan announced that August dealt a blow to investor confidence and sent its stock reeling. Roughly a year later, the struggling chipmaker has welcomed a new CEO, laid off workers, and…

Key Takeaways Financial paralysis is when thinking about your finances leaves you feeling afraid, anxious, or avoidant. This can happen to anyone, no matter how much money you have. Financial paralysis can make you ignore bills, avoid looking at your bank account, and fail to make smart money moves, like investing for retirement. Small steps, such as setting up a repayment plan for bills or using a robo-advisor to open an individual retirement account (IRA), can help you make progress and feel less overwhelmed. If thinking about your finances makes you feel so overwhelmed or anxious that you can’t move…

Key Takeaways A chip industry mainstay got a boost from a big investment and collaboration with an industry peer on Thursday, Sept. 18, 2025, while a soft quarter weighed on a financial data firm.Intel shares took off after Nvidia announced a significant investment in the company and a chipmaking collaboration.Shares of financial data provider FactSet dropped as margin pressure dragged on its profit results and guidance. The announcement of a major investment from and partnership with an artificial intelligence chip leader helped send shares of a semiconductor giant surging, while a financial data provider faced pressure after a lackluster earnings…