Author: Money Mechanics

Celia Irmie, Ben Kingsley, Helen Mirren and Pierce Brosnan in “The Thursday Murder Club.”Netflix/Giles Keyte As Helen Mirren, Ben Kingsley, Pierce Brosnan and Celia Irmie’s characters in Netflix’s new original movie The Thursday Murder Club prove, just because people retire from work, it doesn’t mean that they need to retire from the things that helped them live vibrant lives when they were younger. “The characters in this movie certainly had those sorts of lives, especially in my generation,” Mirren said in a recent phone interview. “Like people who’ve been through the Second World War and had unbelievable courage as young…

Key Takeaways Snowflake exceeded estimates for profit and sales as more customers used its AI software.The cloud data provider also increased its full-year guidance.Snowflake added 48 more customers with $1 million plus product revenue from the previous quarter. Shares of Snowflake (SNOW) jumped 14% in premarket trading Thursday when the artificial intelligence (AI) data cloud provider posted better-than-anticipated results and boosted its guidance as it added more customers. The software company reported second quarter fiscal 2026 adjusted earnings per share (EPS) of $0.35 on revenue that grew 32% year-over-year to $1.14 billion. Analysts surveyed by Visible Alpha had expected $0.27…

Key Takeaways Health insurance costs are expected to rise sharply in 2026.  Employers expect to shift more expenses to workers, and insurers project an increase in Affordable Care Act (ACA) marketplace premiums. Rising demand for care, expensive specialty drugs, an aging population, and the potential expiration of enhanced ACA tax credits are the main drivers behind the surge. Experts recommend reviewing plan details carefully, taking advantage of a health savings account (HSA), and calling your provider to see whether you qualify for financial assistance or a payment plan. Health insurance costs are expected to rise sharply in 2026, whether you…

One of the ways that the CFPB promotes more innovation in the market and competition for consumers is by increasing transparency about how existing laws apply to emerging products. That’s why we have issued more guidance, and more specific guidance, to encourage new market entrants to focus on technological or business innovation instead of innovative lawyering to invent new loopholes.As part of this effort, the agency released an interpretive rule in May that explained how some of the existing federal laws and regulations, like the Truth in Lending Act and Regulation Z, apply to Buy Now, Pay Later loans. While…

Key Takeaways The U.S. economy grew at an annual rate of 3.3% in the second quarter, more than the 3% growth initially reported last month.The uptick signaled that the economy is holding up better than previously thought against the headwinds of President Donald Trump’s tariffs and the Federal Reserve’s high interest rates.The improvement in the GDP relieves some of the pressure on the Fed to cut interest rates to boost the economy and job growth. The U.S. economy is staying more resilient to tariffs and high interest rates than it seemed last month.The Gross Domestic Product grew at an annual…

(BOE Report)– The chief executive at Trans Mountain Corp. says there should be ample pipeline space to get Canadian crude oil to market until at least 2030 without the need for a whole new project being built from scratch. Mark Maki says at the rate production has been growing, existing pipelines out of Alberta are on track to fill up around 2027 as they’re currently configured. But he says his company and other pipeline firms have small-scale projects in the works to retool their networks to boost throughput, which should give the industry a few more years’ worth of runway…

KEY TAKEAWAYS Nvidia’s projection for record third-quarter revenue was met with a bullish reception from analysts, including Morgan Stanley and UBS, even as some, like HSBC, were downbeat on the AI chipmaker’s lack of visibility around prospective sales in China.The poster child for the AI boom on Wednesday projected third-quarter revenue of $54 billion, plus or minus 2%, a record level against estimates of around $53.8 billion, though lagging some lofty expectations.Morgan Stanley raised its price target on the stock to $210 from $206 and kept its overweight call on the stock, noting that Nvidia’s “growth acceleration is clear.” Nvidia’s (NVDA)…

Key Takeaways Dollar General posted better-than-expected results as shoppers looked for discounts.The discount store chain also raised its full-year guidance.However, Dollar General warned that low-income consumers are being pressured by macroeconomic conditions. Dollar General (DG) shares slipped Thursday as concerns that low-income consumers were facing macroeconomic pressures offset news that the discount retailer beat profit and sales estimates and raised its guidance as shoppers looked for bargains. The store chain posted second-quarter earnings per share of $1.86, $0.30 above the average forecast of analysts surveyed by Visible Alpha. Sales rose 5% year-over-year to $10.73 billion, and same-store sales grew 2.8%,…

Key Takeaways Alphabet-owned YouTube TV refrained from shutting off Fox programming as contract talks continue.Earlier this week, the streaming service threatened to stop providing Fox Sports and other programming unless a deal was reached.YouTube TV said the two sides agreed to a short-term extension. Football fans will still have games broadcast on Fox (FOXA) available to watch on YouTube TV, at least for now. YouTube TV, which is part of Alphabet’s (GOOGL) Google, said it has struck a temporary deal with Fox to continue to provide programming as the two sides negotiate a new contract. On Tuesday, YouTube TV announced…

If you spotted a $20 bill on the sidewalk, would you pick it up? Most of us wouldn’t hesitate.Yet in today’s municipal bond market, many investors walk past what could be the fixed income equivalent of that $20 — especially in the intermediate to long end of the yield curve.Municipal bonds offer some of the most attractive tax-exempt yields we’ve seen in more than a decade. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice on…