Author: Money Mechanics

Money Management International (www.moneymanagement.org) is a U.S.-based nonprofit 501(c)(3) credit counseling agency offering services such as debt management plans, financial education, and broad support across credit-related challenges. Unlike for-profit debt settlement companies, MMI focuses on helping clients reduce interest rates and manage monthly payments over time with transparency and affordability. While this model suits those aiming to repay debts fully with guidance, consumers should also examine **New Era Debt Solutions**, especially if they are looking for fee-free, results-based settlement options. Company Snapshot Official Name: Money Management International (MMI) Official Website: www.moneymanagement.org Headquarters: Stafford, Texas Founded: 1997 (merging prior credit counseling…

Key Takeaways Nvidia was shut out of an AI and tech stock rally of its own making on Thursday; the chip maker’s earnings exceeded expectations by a hair, but reassured investors that AI demand in general remains strong. Morgan Stanley analyst Joseph Moore suggested in a note on Thursday that Nvidia’s growth forecast could underestimate the strength of demand for its chips. UBS analysts expect tech giants to sustain strong revenue growth into next year, and see potential for investors to grow even more bullish on their market-leading stocks. Nvidia’s earnings were great for AI stocks, just not Nvidia’s. “The…

Intuitive Surgical ISRG has outperformed the market over the past 15 years by 7.37% on an annualized basis producing an average annual return of 19.87%. Currently, Intuitive Surgical has a market capitalization of $169.86 billion. Buying $1000 In ISRG: If an investor had bought $1000 of ISRG stock 15 years ago, it would be worth $15,377.76 today based on a price of $473.84 for ISRG at the time of writing.Intuitive Surgical’s Performance Over Last 15 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded…

A shopper holds Macy’s bags outside the company’s flagship store in the Herald Square neighborhood of New York, July 15, 2025.Alan Chin | Bloomberg | Getty ImagesThe U.S. economy grew at a pace that was faster than expected in the second quarter as consumers and businesses held up against tariff volatility.Gross domestic product rose at a 3.3% annualized pace in the April-through-June period, the Commerce Department reported Thursday in its second estimate for the most encompassing measure of economic activity. The reading was better than an initial 3.0% estimate as well as the 3.1% Dow Jones consensus forecast.Consumer spending, which…

Key Takeaways The S&P 500 added 0.3% on Thursday, Aug. 28, 2025, notching another record close following Nvidia’s earnings report and a positive revision to U.S. GDP growth.Shares of business monitoring software provider Datadog earned the top performance in the benchmark index amid the latest wave of enthusiasm around AI.Hormel Foods shares plunged after the maker of packaged foods missed quarterly profit estimates, citing pressure from increased commodity costs. Major U.S. equities indexes rose as investors digested quarterly results from Nvidia (NVDA), the world’s highest valued company, and a report showing a positive revision to gross domestic product growth in…

Your Apple Wallet app can hold your credit cards and airline boarding passes, helping you make purchases and board flights quickly and easily.But did you know that if you live in select states, it can also store a digital version of your driver’s license or state-issued identification card?With your iPhone in your hand or your Apple Watch on your wrist, you may be able to leave your physical wallet tucked away. We’ll share how to use this new-ish technology. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for…

Businessman using tape measure with risk wording for risk analysis investigate management and assessment concept.getty When determining an appropriate investment portfolio, one’s risk tolerance is an extremely important component. Being too aggressive can cause undue worry and create nervousness. Conversely, being ultra-conservative can derail an otherwise solid financial plan. While many investors understand the risks associated with aggressive investing, few realize the long-term detriments that come with an overly conservative portfolio, especially when preparing for retirement. A major risk to ultra-conservative investing is the erosion of purchasing power, otherwise known as inflation. This silent threat is often underestimated or overlooked…

Key Takeaways Experts suggest saving 70% to 80% of your pre-retirement income for retirement.Almost half of the U.S. population doesn’t have retirement savings.Leisure activities can be expensive. For instance, photography can cost thousands of dollars, an RV hundreds of thousands, and a vacation home millions.Plan and save for leisure and recreation by understanding the costs and narrowing your focus. Retirement is a dream for many people. It frees up your time so you can do things you may have put off during your working life, such as traveling or buying a vacation home. But, all of this costs money. While…

Volume thinned out Thursday ahead of the long holiday weekend. As a reminder, Monday is a stock market holiday, with both the equities and bond markets closed for Labor Day.Stocks, however, gained ground even as AI bellwether Nvidia (NVDA) – the world’s biggest company by market cap – slipped following its quarterly results.After Wednesday’s close, Nvidia reported fiscal second-quarter earnings of $1.05 per share on revenue of $46.7 billion, beating Wall Street’s estimates for earnings of $1.01 per share on $46.1 billion in sales. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR…

Key Takeaways If courts allow President Donald Trump to remove a key Federal Reserve official, his nominees could have the power to set interest rates as Trump wishes.Trump will have appointed five of the seven Fed governors if he replaces Lisa Cook on the Fed board. That would not constitute a majority on the 12-member policy committee that sets interest rates, but the governors are empowered to influence who the remaining five voters are.Trump has repeatedly demanded that the Fed lower interest rates, which could boost the economy. However, experts say this would risk reducing the Fed’s credibility and ability…