Author: Money Mechanics

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.Intuit Inc…

Real gross domestic product (GDP) increased in 2,404 counties, decreased in 691 counties, and was unchanged in 17 counties in 2021, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). The percent change in real GDP ranged from 81.8 percent in Coke County, TX, to –34.8 percent in Chouteau County, MT (table 1). GDP is the value of goods and services produced within a county. The size of a county’s economy as measured by GDP varies considerably across the United States. In 2021, the total level of real GDP ranged from $11.7 million in Petroleum County,…

In-brief analysis August 28, 2025 On August 25, 2025, the Monday before Labor Day weekend, the retail price of regular gasoline averaged $3.15 per gallon (gal) across the United States, 5% (or 17 cents/gal) lower than at the same time last year. The cost of crude oil typically accounts for a little more than half of the retail gasoline price. Falling crude oil prices, driven by increasing global crude oil supply, have contributed to lower retail gasoline prices heading into this Labor Day. From August 1 to August 25, Brent crude oil prices averaged $67…

Declining mortgage rates have pushed monthly payments down to their lowest level since the start of the year, leading to a modest improvement in demand. But Redfin agents report that many prospective buyers are waiting for rates to drop lower before making a move.  The weekly average mortgage rate is sitting at 6.58%, its lowest level in 10 months. Falling mortgage rates have pushed the median U.S. monthly mortgage payment down to $2,616, its lowest level since the start of the year. Lower housing costs are bringing some house hunters off the sidelines. Pending home sales rose 1.6% year over…

Hazal Ak / iStock via Getty ImagesFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysAI agents help identify and remove waste in business.All waste is costly, but not all costs are wasteful.CEOs pursue cost efficiency with AI to protect performance.In an AI-powered economy, business leaders are focused on enhancing the productivity and efficiency of their workforce and operations. To accelerate value creation, while focusing on cost reductions and efficiencies, companies are identifying and removing silos — structural, data, and organizational — so they can successfully deploy hyper automation and emerging technologies like autonomous AI agents and robots,…

The One Big Beautiful Bill (OBBB) gives most people 65 and older a new deduction on their federal income taxes starting in 2025.But to get the full or partial amount, you can’t exceed the income limits. For some older adults, it can thus make sense to reduce their taxable income to get under the limit.Through 2028, eligible taxpayers 65 and older can get an additional $6,000 deduction (or $12,000 for a married couple if both spouses are 65). This is in addition to the standard deduction for all taxpayers and the extra deduction for older adults. From just $107.88 $24.99…

When the Federal Reserve gathers for its upcoming September meeting, it might do something it hasn’t done since December — implement an interest rate cut. At this point, economists and Wall Street alike are pretty convinced that a rate cut is coming. And while it may not be a drastic cut, it could have an impact on many consumers’ finances.As a retiree, you may be wondering what moves to make — or not make — ahead of the Fed’s upcoming Sept. 16-17 meeting. Here are a few things to consider.Consider your liquidity needsIt’s common for retirees to put money into…

Some people inherit family money, but many build wealth on their own. Luck can help, but lasting success usually comes from strategies anyone can use.The wealthy tend to view money differently. Instead of focusing only on spending, they treat money as a tool for ownership, growth and opportunity.You don’t need to come from wealth to build it yourself. Here are five rules that separate the wealthy from everyone else. 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…

It’s not up to us to determine a home’s worth — that’s what a licensed appraiser does. A home appraisal is an independent evaluation that provides an unbiased estimate of a property’s fair market value. Conducted by a neutral third party, an appraisal is required for most real estate transactions that involve a mortgage.And since the majority of buyers rely on financing, appraisals are a standard part of the homebuying process. According to the National Association of Realtors (NAR), about 81% of primary residence purchases involve a mortgage, along with 43% of vacation home purchases.With so many transactions depending on…

When markets are trading near record levels, the number of stocks getting Strong Buy consensus recommendations with high potential price upside tends to go down. But that doesn’t mean there aren’t select bang-the-table bargains to be found.After all, it’s not a stock market, the cliche goes, but a market of stocks.True, the S&P 500 is up a whopping 30% on a price basis since its early April nadir and looks pricey by historical measures. But then, as an index weighted by market cap, much of this upside is driven by the S&P 500’s biggest companies. From just $107.88 $24.99 for…