Author: Money Mechanics

Dear Wealth Wise: I’m 46 with two teens. I’m debt-free, own my home outright plus three rentals, and have a $5 million portfolio that I actively manage across diversified markets. I live well below my means, am extremely frugal, and do most repairs myself. I met a great partner (48) who also has two teens, owns a home with a mortgage, has a great job with a pension in six years, and has a 401(k) worth $400K. He spends way more freely than I do. We’re discussing the future but have different views on money and different asset levels. How…

During periods of market stress, waves of selling are typically triggered by balance-sheet constraints, funding pressures, and forced deleveraging. Because of this, investors often presume that catastrophe bonds, particularly in an ETF format, will mimic high-yield credit during a macro crisis, experiencing the same indiscriminate selling and liquidity breakdowns.However, a new paper from Rick Pagnani, CEO of specialised insurance-linked securities (ILS) investment manager King Ridge Capital LLC, argues that this assumption is both analytically and structurally flawed when measured against the actual mechanics of the cat bond market. Recall in late December 2025, King Ridge Capital Advisors launched its UCITS…

Most Republicans and Democrats believe there should be federal policies in place to make housing more affordable, according to a recent Redfin survey.  For instance, 85% of Democrats say there should be first-time buyer tax breaks, and so do 77% of Republicans. These survey results align with broad bipartisan support behind the federal ROAD to Housing Act recently passed by Congress. Redfin Chief Economist Daryl Fairweather says the bill shows that government policies can help housing affordability without spending big.  Most Americans support government policies that would help make housing more affordable. Roughly four in five (79%) U.S. residents believe…

Maria Diaz/ZDNETFollow ZDNET: Add us as a preferred source on Google.The TCL Nxtpaper 11 Plus is an Android tablet that comes with a stylus and flip case for only $259, thanks to a 30% Amazon Prime Day deal. The original price was $370, and it’s worth every penny, so a $110 discount is a solid deal (though the price is a bit higher than the Prime Day price of $224). Also: Prime Day is over, but these 60+ top deals are still live (for now): Apple, Garmin, LG, moreAs a tablet, the TCL Nxtpaper 11 Plus rivals those at three times its price.…

This week’s Baker Hughes Rig Count shows that the U.S. increased by 10 last week, resulting in a total count of 573 rigs. Canada increased by 11 over last week, resulting in a total Canadian count of 197 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash, and the Permian experienced an increase this week. Meanwhile, 1 region experienced a decrease this week: The Cana Woodford is down 1, at 19. Major Basin Variances This Week +/- Ardmore Woodford 2 0 Arkoma Woodford 1 0 Barnett 0 0 Cana Woodford 19 -1 DJ-Niobrara 9…

Thousands of Tartan Army members flooded Boston this month for Scotland’s matches against Haiti and Morocco, marking the team’s first World Cup appearance since 1998.​It’s no surprise that Scotland’s passionate fans have left their mark on Boston—quite literally.​From fans rallying through Fenway Park after Scotland’s historic win, chanting “Flower of Scotland,” to bagpipes sounding at 6 a.m. and local bars running out of Samuel Adams Boston Lager, Bostonians have been treated to true Scottish pride. Fortunately, locals seem to have taken a major liking to their transatlantic visitors.​Navigating expensive hotels and a tight short-term rental market can be daunting for…

June 26 (Reuters) – SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, ‌paving the way for a surge in passive investments in Elon ‌Musk’s rocket and AI giant. Inclusion in the index typically boosts the stock price, as exchange-traded ​funds looking to replicate the index’s performance buy shares of the newly included firm. To make it more attractive for companies seeking U.S. listings, Nasdaq, along with other index providers FTSE Russell and MSCI, relaxed its entry requirements including profitability, ‌the number of days after ⁠a company goes public and…

Senator Elizabeth Warren, a Democrat from Massachusetts, speaks to members of the media in the Senate Subway at the US Capitol in Washington, DC, US, on Tuesday, May 19, 2026. Al Drago | Bloomberg | Getty ImagesThe Senate on Monday by a vote of 85-5 passed a bipartisan affordable housing bill that would limit the number of single-family homes major investors can purchase, after months of debate spanning both chambers of Congress.The vote came after lawmakers reached a deal last week on the bill, which is aimed at increasing the supply of homes while limiting private equity’s influence on the…

Instagram users could soon see more ways to tune their content, according to a recent post from Instagram head Adam Mosseri. Specifically, Mosseri was showing off new ways that users might access Your Algorithm, a feature that allows them to specify which topics they want to see more of, and less of. Instagram launched Your Algorithm last year and has been introducing it to more areas of the app. “We want to evolve Your Algorithm from a setting to something that feels central to your experience on Instagram,” Mosseri said. He also noted, “Some of this is testing now, some…

When Serena Ryan and Justin Walsh first had the idea to launch a hostel in the White Mountains of New Hampshire, their goal was twofold: one, to live in an environment they had fallen in love with; and two, to fulfill a vital need in the hiking community.Serena, 37, had been reading a memoir about the Appalachian Trail when she learned there was a shortage of clean accommodations for people in Woodstock, NH. It was an area the then-couple knew well. Serena traveled there every weekend, her bags packed and loaded into the car by Thursday night like clockwork.  Justin, 40, was…