Author: Money Mechanics

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.SoftBank’s billionaire founder Masayoshi Son held talks with Intel’s chief executive about buying its faltering contract chipmaking business in the weeks before Monday’s announcement that the Japanese company would invest $2bn in the US group’s shares.Son has met Intel’s Lip-Bu Tan since the latter’s appointment in March to discuss a potential deal, according to multiple people with knowledge of the talks, as the US company tries to find a solution for its advanced chip manufacturing business, which is struggling to compete with…

It’s a hot IPO summer as new listings make their long-awaited return to public markets. After a cool first half of 2025, the demand for Initial Public Offerings has exploded in Q3, with anticipated companies like Circle Internet Group Inc. (NYSE: CRCL) and CoreWeave Inc. (NASDAQ: CRWV) surpassing even the rosiest expectations upon their debut. And it doesn’t appear that momentum is slowing as several more promising companies are unveiling their listings.  Factors Contributing to the IPO Rebound in Q2 2025 A range of factors has kept the IPO market subdued recently. Not only was the macro-environment poor in the first…

Most people understand the risks of being a cosigner for a car purchase or lease. But how should you reply if a good friend or a close family member says, “Will you please be my guarantor — not cosigner, just a guarantor — for the apartment I would like to lease?”Is there a difference?”Mr. Beaver,” “Nick” began in his phone call, “I’ve read your column for years and need some guidance. My nephew, ‘Mitch,’ is 42 and has a horrible credit score. He had difficulty in the past paying bills on time, but recently cleaned up his act, has a…

On Monday, edged higher, after finding stiff resistance at $3396, tested a low at $3370, just below the immediate support at the 50 DMA at $3380, resulted in the formation of a bearish hammer in the daily chart, despite some reversal, gold futures are still sustaining below the 50 DMA on Tuesday which indicates weakness to persist till the U.S. President couldn’t succeed in establishing ceasefire between Russia and Ukraine.I anticipate that if a Ukraine deal is reach that involves European countries taking up the burden, a sell off likely to start in gold futures as the futures are still…

Core inflation, however, rose to 3.1% annually despite moderating shelter costs. By David Enna, Tipswatch.com The July inflation report offered a mixed bag of results. Seasonally adjusted all-items inflation increased 0.2% for the month, as expected, and held steady at 2.7% year over year, less than expected. But core inflation, which removes food and energy, rose 0.3% for the month and 3.1% year over year, higher than expectations. Core inflation rose above 3.0% for the first time since March 2025 and remains well above the Federal Reserve’s overall target of 2.0% (for a different index). The Bureau of Labor Statistics…

Shares of Soho House & Co. (SHCO) are soaring 16% in premarket trading Monday after the exclusive members club announced plans to go private for roughly $2.7 billion including debt, in a deal involving hotelier MCR and actor Ashton Kutcher. Shareholders will receive $9.00 per share in cash, well above the club’s $7.64 closing price Friday but much lower than Soho House’s $14 IPO price in 2021. An investor group led by MCR and its CEO, Tyler Morse, “will acquire the outstanding shares of Soho House not held by certain significant shareholders,” the release announcing the deal said. Billionaire Ron…

The U.S. direct investment abroad position, or cumulative level of investment, increased $206.3 billion to $6.83 trillion at the end of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase was led by an $88.4 billion increase in the position in Europe, primarily in Luxembourg and Germany. By industry, manufacturing affiliates had the largest increase, led by manufacturing of computers and electronic products.The foreign direct investment in the United States position increased $332.1 billion to $5.71 trillion at the end of 2024. The increase was led by a $204.7 billion increase in the position…

In-brief analysis July 30, 2025 This TIE was updated on August 4 to clarify language. Data source: Standard International Trade Classification data published by the U.S. Census BureauNote: Prices are adjusted for inflation. The value of energy trade between the United States and Canada remained steady in 2024 at an estimated $151 billion compared with $154 billion in 2023, according to data from the U.S. Census Bureau. Energy trade value is the total value of energy imports and exports between two countries and is driven by commodity volumes and prices. Most of…

For all the power it wields over the global economy, the Federal Reserve projects remarkable cool. Whereas rate-setters at other central banks frequently disagree with each other over the direction of monetary policy, Fed policymakers tend to stick together. That serenity is now being ruptured, just as President Donald Trump ramps up his attacks on the Fed, and his tariffs put America’s economy to the test. On July 30th two rate-setters, Christopher Waller and Michelle Bowman, voted against the majority decision to keep interest rates unchanged at 4.25-4.5%, preferring to cut them by a quarter of a percentage point instead.…

Editor’s Note: This story has been updated to include comments from the Financial Services Agency of JapanJapan is set to approve the nation’s first yen-denominated stablecoin, the country’s market regulator confirmed Tuesday.Disclosure: 82% of retail CFD accounts lose moneyJPYC Stablecoin On The Way In JapanA Financial Services Agency spokesperson told Benzinga that JPYC Inc., the stablecoin’s issuer, has been registered as a regulated entity authorized to issue yen-backed stablecoins.JPYC also revealed in an X post that it has become the first fund transfer service provider in Japan to issue cryptocurrencies that are pegged 1:1 to the national currency.The company said…