Author: Money Mechanics

The Zytglogge, a medieval clock tower in Bern, Switzerland, circa 1965. (Photo by Archive Photos/Getty Images)Getty ImagesIf we are what we do and we don’t do it anymore, then who are we? This is a question that surrounds the theme of retirement. The title of “Who Am I: Now That I Am Not Who I Was,” by Connie Goldman highlights that retirement is often framed around what we lose—status, income, or structure. We also lose our social network from the workplace. These losses can lead a lot of people to consider their retirement with trepidation or even dread. Sahil Bloom,…

Growing your family is one of life’s most exciting journeys. You envision little hands, bedtime stories, first steps, and all those moments that redefine what it means to feel at home. But as your heart expands, so do your responsibilities and your monthly bills. According to the most recent data from the Brookings Institution, economic and policy researchers determined that an average middle-income family with two children will spend more than $300,000 from birth to age 17 for a child born in 2015. With figures like that, it’s easy to feel overwhelmed. However,  the good news is that with thoughtful…

Key Takeaways Taking your 2025 RMD early can make sense even if you don’t need the funds, since moving them now means you can lock in one of today’s high rates before future Fed cuts push yields lower. The central bank is widely expected to cut rates again on Oct. 29, with a strong chance of another reduction in December. The best CDs let you lock in today’s high yields—rates that are unlikely to still be available by year-end. Or for cash you need to keep accessible, consider one of today’s best high-yield savings accounts. The full article continues below…

CVS Health, Humana, and UnitedHealth Group have announced that they will pull back on Medicare Advantage (MA) and Part D prescription drug plans next year. These changes are a response to financial pressures, including changes to government funding and rising healthcare costs. This has led insurance carriers to scale back their offerings in less profitable regions.”The combination of (Centers for Medicare and Medicaid Services) funding cuts, rising healthcare costs, and increased utilization have created headwinds that no organization can ignore,” said Bobby Hunter, who is the CEO of Government Programs at UnitedHealthcare.Insurers feel cost pressures One of the reasons insurers…

Key Takeaways The latest wave of optimism around AI helped lift tech stocks on Wednesday, Oct. 8, 2025, while competition weighed on a credit score provider.Shares of AI chipmaker Advanced Micro Devices extended their recent rally, along with shares of server maker Dell.Equifax said it would offer credit scores to consumers at reduced prices, and shares of rival credit data provider Fair Isaac tumbled. An AI chipmaker’s stock extended its rally in the wake of a major artificial intelligence deal. Meanwhile, the latest salvo in an escalating competition between credit score providers weighed on one of the industry’s big players.…

Key Takeaways Members of the Federal Reserve’s policy committee are worried about both high inflation and the faltering job market, according to minutes from their most recent meeting released Wednesday.While the job market is the predominant concern, higher-than-expected inflation could deter future rate cuts.The minutes offered a barometer of Fed officials’ thinking in advance of the FOMC’s next meeting on Oct. 28 and 29. If you’re awaiting interest rates to fall in the coming months, you probably won’t be disappointed—but inflation could easily spoil the party. Officials at the Federal Reserve cut the central bank’s influential interest rate by a quarter…

Stocks resumed their uptrend Wednesday as a rally in the technology sector offset any worries over the ongoing government shutdown. Nvidia (NVDA, +2.2%) was in focus after commentary from CEO Jensen Huang lifted the collective artificial intelligence (AI) spirits.Speaking to CNBC, Huang said that “demand of computing has gone up substantially” in the past six months. He added that demand for Blackwell, the company’s most advanced AI chip, “is really, really high.”Huang also said that Nvidia is involved in the latest funding round for Elon Musk’s AI startup and that he’s “super excited” about it. “Almost everything that Elon is…

The recent US government shutdown has boosted interest in Bitcoin, driving potential short-term price gains. Speculation grows on the US government buying Bitcoin, possibly pushing prices even higher. JP Morgan’s Bitcoin inclusion recommendation underscores its growing acceptance as a mainstream asset. Looking for actionable trade ideas to navigate the current market volatility? Subscribe here to unlock access to InvestingPro’s AI-selected stock winners. has recently achieved new all-time highs in US dollar terms, reaching approximately $126,000. In the short term, the recent US government shutdown has sparked increased interest in digital currencies, as evidenced by investor movements in exchange-traded funds (ETFs).…

As the insurance-linked securities (ILS) market moves into 2026, GC Securities aims to grow its business by expanding in catastrophe bonds, property sidecars, casualty ILS, multiline facilities, and surplus notes, while also putting a particular focus on artificial intelligence, senior leaders from the firm told Artemis in an interview.For those unaware, GC Securities is the capital markets and insurance-linked securities (ILS) specialist unit of reinsurance broker Guy Carpenter. Artemis spoke with Shiv Kumar, President, and Cory Anger, Managing Director of GC Securities in a recent interview, where they both explained what opportunities they see to grow their business into 2026…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. October 08, 2025 Minutes of the Federal Open Market Committee, September 16–17, 2025 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on September 16–17, 2025. The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these…