Author: Money Mechanics

Stocks notched comfortable gains Monday as market participants cheered President Donald Trump’s upbeat commentary on U.S.-China trade negotiations. Market participants also looked ahead to this week’s Fed meeting, where the central bank is expected to issue its first rate cut of the year.At the close, the tech-heavy Nasdaq Composite was up 0.9% at 22,348 and the broader S&P 500 had added 0.5% to 6,615 – new record closing highs – while the blue chip Dow Jones Industrial Average tacked on 0.1% to 45,883.Trade talks between top officials from the United States and China continued for a second day today, with…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.No listed Nordic company has ever raised more capital in one go than Ørsted, which on Monday launched a DKr60bn ($9.4bn) rights issue. What’s more, Ørsted is doing so at a time of unprecedented turbulence in the renewable energy industry. Its bankers will want to make sure that they’re not left holding the bag.The Danish power group is raising money equivalent to more than 70 per cent of its current market capitalisation, printing new shares at a huge discount. The price of DKr66.6…

Medicare generally covers the COVID-19 vaccine, including all updated versions, at no cost to beneficiaries. However, some people have been charged or turned away due to recent issues with pharmacy billing and system updates, as well as a delay between the FDA’s and CDC’s formal recommendations.Here’s what Medicare beneficiaries need to know about getting the COVID-19 vaccine this fall.Does Medicare cover COVID-19 vaccinations?Medicare’s coverage of the COVID-19 vaccine falls under Medicare Part B, which also covers other preventive vaccines like the flu and pneumonia shots. This means you should not have to pay a copay, deductible, or any other out-of-pocket…

Once upon a time, if you wanted to invest in gold, you’d need to find a reputable dealer, verify the authenticity of the product, arrange payment and then secure transportation and storage of the physical bouillon all on your own.For many, the result was the most expensive headache you’d ever endured. The time-consuming process made investing in gold feel like a luxury reserved for the ultra-wealthy or most dedicated of hobbyists.Today, digital platforms are rewriting the gold investing story. You can buy gold while handing logistical headaches over to someone else. This modernization has not only streamlined the investing process…

Gold (GC=F) futures opened at $3,680.20 per ounce on Monday, up 0.8% from Friday’s close of $3,649.40. Gold has opened above $3,600 daily since September 9. Investors are awaiting the Fed’s next interest rate decision on September 17. A 25-basis-point cut is widely expected, though President Trump told reporters Sunday that he expected “a big cut.” The Fed will also release its dot plot this week, a chart outlining how each Fed committee member predicts interest rates will evolve over the next few years. The dot plot is an indicator of future rate changes, given the information available today. The…

Oracle Corp ORCL shares were trading higher Monday, continuing a remarkable surge from last week. The stock is building on a five-day gain of nearly 25%, as investors cheered the company’s aggressive pivot towards artificial intelligence infrastructure.The stock is gaining on Monday after Berenberg maintained a Hold rating and raised its price target from $202 to $306. The stock may also be up after President Donald Trump hinted at TikTok deal.What To Know: The rally ignited last week despite Oracle narrowly missing fiscal first-quarter revenue and earnings estimates. Wall Street quickly looked past the slight miss, focusing instead on the…

In-brief analysis September 15, 2025 Per capita CO2 emissions from primary energy consumption decreased in every state from 2005 to 2023, according to recently released data in our State Energy Data System. Total energy-related CO2 emissions in the United States fell 20% over that time, and the population grew by 14%, leading to a 30% decrease in per capita CO2 emissions. CO2 emissions across the country primarily declined because less coal was burned in the electric power sector. Increased electricity generation from natural gas, which releases about half as many CO2 emissions per unit of…

Canadian searches for U.S. homes dropped off when the White House announced steep tariffs on Canadian goods in the spring. The decline is especially steep in West Palm Beach, FL, a popular second-home destination for snowbirds.  The number of Canadian Redfin.com users searching for homes to buy or rent in the U.S. dropped 19.5% year over year in August. For comparison, the total number of prospective buyers and renters searching on Redfin.com declined, too, but by a fraction of the amount.  The number of Canadians searching for U.S. homes started dropping significantly in February, when the White House implemented 25%…

A new iOS app called Awake, designed specifically for heavy sleepers who must complete missions to turn off their alarms, launched Monday. The app is only available to users with the iOS 26 update, which also came out on Monday.  Unlike traditional alarm clocks that can be silenced with a simple tap, Awake is intended to actively engage users’ brains to ensure they fully wake up. Once the alarm sounds, users must complete a series of interactive missions to turn it off.  These tasks include a variety of challenges, such as rotating the iPhone, completing a set of push-ups, or…

(World Oil) – MEG Energy Corp.’s board turned down Strathcona Resources Ltd.’s sweetened offer to buy the oil sands producer, recommending that shareholders stick with a rival offer from Cenovus Energy Inc. Source: MEG Energy Strathcona, controlled by former investment banker Adam Waterous, last week offered 0.8 of a share for each share of MEG, valuing the Calgary-based target at around C$7.6 billion ($5.5 billion), based on Friday’s closing price. The new offer is about 10% higher than Strathcona’s original takeover bid made in May and tops the price Cenovus agreed last month to pay for MEG. But it’s still…