Author: Money Mechanics

The GAM Swiss Re Cat Bond UCITS Fund has expanded its assets under management (AUM) meaningfully over recent months, reaching $2.03 billion as of August 4th, 2026, while GAM’s underlying performance fee income has sharply increased to CHF 6.0 million.Recall in 2025, the Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC) registered investment adviser subsidiary of the global reinsurer entered into a co-investment management agreement for the range of catastrophe bonds and insurance-linked securities (ILS) funds offered by global asset manager GAM. In announcing its half-year 2026 results, GAM has reported growing catastrophe bond AUM, as well as continued growth within its…

Elyse Betters Picaro / ZDNETFollow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeaways Fast self-correction matters more than raw accuracy alone.Wispr Flow led on corrections, vocabulary, and reliability.Free, local FluidVoice nearly matched the paid winner.Since February, I have dictated 120,896 words. In the last three months alone, I have dictated 50,234 words. I’ve done this across 2,314 individual microphone recording sessions, averaging about 24 words per dictation sequence. With improvements in AI, dictation quality, speed, and accuracy have come a long way. Over the years, I’ve tried to work with speech recognition many times, but it…

(World Oil) – Occidental President and CEO Richard Jackson used the company’s second-quarter earnings release to reinforce a strategy centered on maximizing existing assets, strengthening the balance sheet and delivering long-term free cash flow growth through disciplined execution. “Our second quarter results demonstrate the strength of Oxy’s resources and the competitive advantages that position us for continued value creation,” Jackson said. He said the company is focused on unlocking greater value from its portfolio through advanced recovery technologies, value-based development and continued cost efficiencies while maintaining a disciplined financial approach. “We are unlocking more from our assets through our industry-leading advanced recovery capabilities…

Hinge Health (NYSE:HNGE) reported second-quarter 2026 revenue of $213 million, up 53% from a year earlier and above the company’s prior guidance range of $200 million to $202 million. The digital healthcare company also raised its full-year revenue and operating-income outlook, citing durable improvements in member engagement, or yield, alongside continued margin expansion. Co-Founder and CEO Daniel Perez said the quarter provided another indication that the company’s strategy of automating care delivery is gaining traction. Hinge Health’s core musculoskeletal, or MSK, business remains its primary platform, while the company is expanding into migraine and gastrointestinal care. Revenue growth and cash…

Crypto derivatives are moving into the regulated mainstream. Following the 2024 launch of spot Bitcoin ETFs, the CFTC approved Kalshi’s Bitcoin perpetual futures contract on May 29, 2026 — the first time this once-exotic crypto product has landed on a regulated U.S. exchange. CFTC Chair Selig has signaled that approvals for other asset classes are likely to follow, and in a recent interview he compared perpetual futures to “zero day options.” That comparison has prompted a wave of investor questions about how perpetual futures (“perpetuals”) stack up against zero-day-to-expiration (0DTE) options. Cboe’s latest Volatility Insights report argues the comparison, while…

While coastal and Sun Belt states continue to dominate U.S. foreign real estate transactions, Michigan has quietly emerged as one of the top destinations for U.K. buyers drawn by an affordable lifestyle and a long-established job pipeline.Between April 2025 and March 2026, Michigan was the third most popular landing place for home shoppers from the U.K., capturing 18% of all U.K. purchases nationwide, according to the new National Association of Realtors® 2025 International Transactions in U.S. Residential Real Estate report.In the NAR report, “foreign” or “international” buyers include foreign nationals living abroad, non-U.S. citizens who are recent immigrants (less than two years at…

By the time September arrives, taxes are probably the last thing on your mind.Summer is winding down, spring filing is behind you, and the third-quarter estimated payment due on September 15 feels like a formality.For most business owners, it is whatever they paid last quarter, sent off without much thought. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal…

Ball Corporation Q2 2026 Earnings Call Summary – Moby Strategic Performance Drivers Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why it’s our #1 pick. Tap here. Performance was driven by a 4.3% increase in global volumes, marking the sixth consecutive quarter of growth as aluminum cans continue to gain market share over other substrates. Management attributed the 14.4% comparable diluted EPS growth to disciplined cost management, favorable price/mix, and the execution of the Ball Business System. North American operations are currently running notably tight…

One of the common complaints about the Consumer Price Index (CPI) is that it doesn’t reflect the way inflation feels to the individual. Much of the reason that is so is the fact that we have built-in cognitive biases; a simple example of this is that we tend to encode price increases as ‘inflation’ while price decreases are recorded as ‘good shopping.’ Accordingly, prices which oscillate get recorded in our brains as ‘inflation’, even if the net movement is not much. My favorite example of this is gasoline. Ask anyone, any time, if they think gasoline prices are higher or…

Hiring at private companies slowed considerably in July, with most of the job growth coming from healthcare, payrolls processing firm ADP reported Wednesday.Nonfarm job growth excluding government totaled a seasonally adjusted 44,000 for the month, below the downwardly revised 95,000 in June and less than the Dow Jones consensus forecast for 75,000. On net, all of the gains came from the services sector, which added 47,000 while goods-producing companies saw a decline of 3,000.Of those jobs, the education and health services sector produced 36,000, continuing a long-standing trend for the industry in leading employment growth. Financial activities added 10,000, professional…