Author: Money Mechanics

When I was five years old, my parents moved us overseas. That first relocation led to seven more—Austria, Japan, Mexico, Canada, Peru—and eventually to a life where I’ve traveled to more than 80 countries. For me, “home” was always shifting, and that early experience taught me something my clients often discover later in life: living abroad isn’t just a postcard dream; it changes how you manage money, health, and even family legacies. Today, I’m hearing the same question over and over: “What would it look like if I retired abroad?” And it’s not just curiosity. More than 760,000 Americans receive…

Key Takeaways An AI server maker’s stock pulled back from its recent rally Thursday, Oct. 9, 2025, while strong results from a major carrier helped lift airline stocks.Shares of Dell Technologies gave back a portion of their gains in the previous session.Delta Air Lines topped quarterly estimates and raised its outlook, lifting shares of the air carrier and its rivals. Shares of an AI server maker reversed some of their recent gains, while airline stocks climbed as strong premium and corporate travel sales helped a major carrier top quarterly estimates. Major U.S. equities indexes moved lower Thursday as investors digested…

Key Takeaways Delta expects to make more revenue from premium airfare than the main cabin within a quarter or two, company executives said.Airlines are leaning into premium products and cutting capacity in the “coach” section, where they are using promotions to sell tickets. The main cabin won’t be Delta’s main source of revenue for much longer. Revenue from premium airfare will surpass main cabin sales within a quarter or two, Delta Air Lines (DAL) executives said Thursday. Revenue from premium airfare rose 9% year-over-year in the most recent quarter to $5.8 billion, while sales in the main cabin fell 4%…

By the power vested in me by this state, I now pronounce you married. You may now kiss—and file your taxes jointly. It may not have the air of romance, but after the wedding is planned and the honeymoon is booked, newlyweds have an important question in front of them as they start their lives together: whether they will file their taxes jointly or separately.  This decision carries a lot of weight, as both have tax implications and may result in a potentially larger tax bill—via the so-called marriage penalty—or perhaps a larger refund. Couples should carefully consider their assets…

Key Takeaways Stashing your savings at Bank of America means earning almost nothing—far less than the 4%–5% available at many smaller banks. Moving your money to a top high-yield savings account could earn you hundreds—or even over $1,000 more each year—without closing your Bank of America accounts. All FDIC-insured banks protect deposits up to $250,000 per depositor, so smaller banks are just as safe as the largest ones. The full article continues below these offers from our partners. Think Bank of America Is the Safer Choice? All FDIC Banks Offer the Same Protection—And Many Pay 4%–5%. The Federal Reserve may…

Key Takeaways Retail giant Costco reported September sales showing a rise a bit less upbeat than it reported a year ago. The stock rose Thursday anyway.One likely reason why: Investors noted that last year’s September sales were higher for reasons associated with port strikes and a hurricane. Costco stock got a lift on a day when U.S. indexes fell. Strong September sales numbers helped. Shares of the warehouse retail giant finished Thursday up some 3% to almost $943. The move was helped by September retail sales that rose 5% year-over-year to near $26.6 billion. Investors may have read the news…

Stocks trended lower throughout Thursday’s session, as worries about the ongoing government shutdown began to creep higher. Market participants also got a first look at third-quarter earnings season with Delta Air Lines (DAL) and PepsiCo (PEP) reporting.At the close, the blue-chip Dow Jones Industrial Average was down 0.5% at 46,358, the broader S&P 500 was 0.3% lower at 6,735, and the tech-heavy Nasdaq Composite had given back 0.08% to 23,024.With the government shutdown on its ninth day – and today’s Senate vote on a Republican funding proposal failing – there was no noteworthy economic data for market participants to consider.…

Key Takeaways Shares of companies outside of China that produce rare earths and minerals surged Thursday as the country moved to tighten exports.The sector has been on a tear recently, as the Trump administration has taken stakes in several strategically significant companies to shore up access for the United States. Rare earths and mineral miner stocks took off Thursday, adding to their recent gains after China moved to tighten restrictions on related exports from the country. China’s Ministry of Commerce on Thursday expanded licensing requirements for foreign companies to export products containing rare earths critical to producing a wide range…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US Department of Justice has opened an inquiry into the collapse of bankrupt auto supplier First Brands Group, as federal prosecutors look to untangle how investors and creditors have been left with billions of dollars in potential losses, according to people familiar with the matter.The probe is being led by the US attorney’s office for the Southern District of New York, the Manhattan unit that often handles large, complex white-collar cases, the people said. The inquiry is in its earliest stage,…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. October 09, 2025 Federal Reserve Board announces expanded operating days of two large-value payments services, Fedwire® Funds Service and the National Settlement Service (NSS), to include Sundays and weekday holidays For release at 4:30 p.m. EDT The Federal Reserve Board on Thursday announced expanded operating days of two large-value payments services, Fedwire® Funds Service and the National Settlement Service (NSS), to include Sundays and weekday holidays. The Reserve Banks will implement this expansion…