Author: Money Mechanics

It’s been another busy week on the financial front with Kiplinger covering topics as far ranging as Amazon’s settlement with the FTC, the government shutdown and changes due to the new tax and spending bill. So, how much do you remember from the past seven days? Test your knowledge of this week’s financial and business news.If you slip up on an answer or two, you can follow the links below the quiz to refresh your memory.Stories making the newsWant try more quizzes? Try last week’s news quiz, or try a different one from our quiz archive.Read more on the Kiplinger…

The market has just delivered one of the most dramatic short-term moves in recent memory, advancing $4 in only two trading sessions. From lows anchored around $44, futures surged to test the Weekly Sell 1 ($47.95) and Daily Sell 1 ($47.68) zones, touching as high as $48.01 before consolidating. This kind of volatility is not a random occurrence—it marks the emergence of a new volatility regime and signals “escape velocity,” where price momentum transcends normal gravitational pull of equilibrium levels.VC PMI Structure The Variable Price Momentum Indicator (VC PMI) mapped out the critical benchmarks:Weekly VC PMI: $45.66 Daily VC PMI:…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. October 03, 2025 Federal Reserve Board announces approval of proposal by BancFirst Corporation For release at 2:45 p.m. EDT The Federal Reserve Board on Friday announced its approval of the proposal by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire AmeriBank Holding Company, and thereby indirectly acquire American Bank of Oklahoma, both of Collinsville, Oklahoma. For media inquiries, please email [email protected] or call 202-452-2955. Last Update: October 03, 2025 Source link

Recruiters speak to job seekers at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty ImagesIf it just seems like the first Friday of the month wasn’t the same without being able to pore through the Bureau of Labor Statistics’ hotly watched monthly jobs report, don’t worry. You probably didn’t miss much.While the BLS has gone dark with the shutdown in Washington, other reports outside the government data suggest the labor market just plodded along in September.The Dow Jones consensus forecast was for growth of…

The U.S. government shutdown that began this week is the first in seven years. While it might not feel immediately disruptive, for startups waiting on permits, visas, or regulatory approvals, even a few weeks can become an existential problem.  On this episode of Equity, Kirsten Korosec, Anthony Ha, and Max Zeff talk through how uncertainty is affecting startups in ways people might not realize, plus the messy reality of AI companies still trying to figure out sustainable business models. Watch to hear more about: Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.   …

(Oil Price)– Oil prices saw a small recovery on Friday morning after a continued selloff this week. Friday, October 3, 2025 An 8% weekly loss is a rare occurrence in oil markets, especially if it comes on the back of five straight daily declines. Even though Friday’s trading has shown a marginal recovery with ICE Brent edging closer to $65 per barrel, however it seems that Sunday’s OPEC+ meeting could prompt further price declines in case members agree to expedited production unwinding. Amidst a US government shutdown and record year-to-date high OPEC+ crude exports in September, bearishness is gradually becoming…

Key Takeaways After lagging the S&P 500’s gains for most of 2025, the Magnificent 7 recently overtook the benchmark index to reclaim its lead. Tesla, Google parent Alphabet, and Apple have been the biggest contributors to the group’s gains in recent weeks.There’s wariness in some corners about the performance of stocks. But many market watchers think that, at least in the short-term, the setup looks good for more upside. Last year’s Magnificent 7 tech leaders are rolling again. That hasn’t always been the case this year. As a group, the the large-cap technology companies—Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Amazon…

Key Takeaways If you’ve been waiting for the right time to buy a house, get ready: the peak buying window is coming, if not already here, for certain cities across the country.Oct. 12-18 is apparently the best week to buy a house, according to a new report from Realtor.com.However, not all real estate markets are the same. It may be a good idea to buy a house in Chicago this week, but buyers in Miami should wait until December. Prospective homebuyers waiting for the right time to make an offer, get ready: The peak buying window is coming in cities…

Key Takeaways Shares of USA Rare Earth jumped on Friday after its CEO said the rare earths miner was “in close communication” with the Trump Administration, sparking hope on Wall Street it could be the next target for government investment. The Trump administration this year has taken stakes in several strategically significant companies, including a lithium miner and another rare earths supplier. China controls the vast majority of the world’s supply and processing capacity for rare earths, critical components in a range of industrial and military applications. Shares of USA Rare Earth (USAR) soared on Friday after its CEO said…

Between the wind-down of peak travel season and the start of the Amazon Prime Big Deal Days sale, now is one of the best times of the year to upgrade your luggage and stock up on new travel gear. You’ll find premium brands like Samsonite, Apple and Karl Lagerfeld selling some of their most popular designs and tech at deep discounts.Whether you’re gearing up for holiday travel or just want to take advantage of this year’s deals to refresh your travel accessories for next summer, now’s the time to do it. To help you sift through thousands of early Prime…