Author: Money Mechanics

Geopolitical shocks — terrorist acts, wars or military action — can give your portfolio a significant negative charge. The leading geopolitical source of market instability in 2025 has been the Middle East, as in years past. Israel’s decision to attack nuclear facilities in Iran in an attempt to retard that country’s weaponization efforts prompted a 1.1% drop in the S&P 500 index on June 13.Among the losers that day, according to S&P Global Market Intelligence, were leisure-travel companies Norwegian Cruise Line Holdings (NCLH) and Carnival Corp. (CCL), which each fell about 5%. Other travel and leisure companies that fell at…

Heart health is key to overall health. That’s why there has been ample research into how to improve cardiovascular function and combat age-related heart issues, including blood vessel narrowing and arterial stiffening.Some of the healthy-heart tips are pretty obvious. Exercise. Don’t smoke. Control your cholesterol, manage stress, and limit your drinking. Base your diet around fruits, vegetables, and healthy proteins instead of making processed or sugary snacks and fried foods staples. All of these are steps you can, and should, be taking.However, recent research suggests that there’s another step you can take that can have a major impact on the…

The most significant wealth transfer in history, an estimated $84 trillion, is underway as Baby Boomers pass on their fortunes to their Gen X and Millennial heirs.But most families aren’t ready, and the cultural divide between generations may make it more complicated than ever to preserve that legacy.Until recently, Baby Boomers enjoyed unprecedented generational dominance, not only as the wealthiest generation but also the largest generation by population. 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…

(Reuters) – Australia’s top supermarket chains Woolworths and Coles said on Monday they could incur millions in additional remediation costs following the federal court’s decision on historical underpayments to staff. Woolworths expects A$180 million ($117.9 million)-A$330 million in post-tax charge and said interests and tax could add A$140 million-A$200 million to its net liability. Coles, meanwhile, estimates an extra A$150 million-A$250 million in remediation bill. The case against the two companies, which together ring up two-thirds of Australian grocery sales, was brought by the country’s industrial relations watchdog, Fair Work Ombudsman (FWO), in 2020. The regulator had argued that the…

The Murdoch family’s long-running succession battle has ended, with Lachlan Murdoch cemented as the new leader of Rupert Murdoch’s vast media empire, including Fox News and News Corp. Fox News will remain unchanged, continuing its conservative direction as favored by patriarch Rupert Murdoch and son Lachlan Murdoch, despite years of speculation about possible shifts in editorial policy after the patriarch’s death.Read Next: Opendoor’s Meme Stock Mania Gets Comedic TwistDetails of the SettlementThe dispute centered on control of the Murdoch Family Trust, which holds voting power over Fox Corp and News Corp, and has played out over several years in Nevada courts. Lachlan, Rupert’s chosen successor,…

The economics of metals mining are relatively straightforward, and the same applies to the entire basic materials sector. These businesses are closely tied to and exposed to the cyclical nature of the commodity they mine, as lower prices will erode their margins, considering that the cost of operation remains constant regardless of the price. However, the opposite is also true; costs can stay relatively level through a commodity rally, expanding margins significantly. This is precisely why investors should keep an eye out for stocks in this area of the market. and have now broken out to new 52-week highs, creating…

The average rate on the 30-year fixed mortgage notched its biggest one-day drop in more than a year on Friday. Although mortgage rates are now at their lowest level since October, the average rate for a 30-year, fixed-rate mortgage is still just around 6.29%, according to Mortgage News Daily — a big leap from the under 3% levels near the start of the pandemic.But there are ways to get even better terms on a home loan, experts say.Where mortgage rates standMore signs point to an interest rate cut when the Federal Reserve meets on Sept. 17, which may offer a little more…

ReOrbit, a Finnish startup focused on helping nations control their own sovereign satellites, has raised a record €45 million (about US $53 million) Series A round of funding for a European space tech company. The funding round signals that Europe’s new space market is heating up, fueled by a geopolitical environment in which countries increasingly worry about relying on foreign technology for critical infrastructure. Founded in 2019 and based in Helsinki, ReOrbit provides both the hardware and software needed for independent satellite operations. According to its CEO, Sethu Saveda Suvanam, the company offers a solution to nations that can’t build…

(Oil & Gas 360) – DENVER, Sept. 8, 2025 /PRNewswire/ — SM Energy Company (“SM Energy” or the “Company”) (NYSE: SM) today announced that Chief Executive Officer Herbert S. Vogel has advised the Board of Directors of SM Energy (the “Board”) of his intention to retire as Chief Executive Officer on March 1, 2026, and that he has resigned as President of the Company effective September 4, 2025. Mr. Vogel intends to remain a member of the Board until the Company’s next annual meeting of stockholders, scheduled to be held in May 2026, and is expected to take on an executive advisor role…

KEY TAKEAWAYS Online ticketing reseller StubHub is attempting its third time to go public in the U.S., this time with a valuation that could top $9.3 billion. Like BNPL firm Klarna, StubHub is reviving a listing plan that was pulled in April.The online ticketing reseller’s planned IPO will be a test of whether the booming initial public offering market extends beyond high-profile tech and crypto firms StubHub is braving the new listings markets again. The online ticketing reseller’s planned IPO will be a test of whether the booming initial public offering market extends beyond high-profile tech and crypto firms—in part…