Author: Money Mechanics

A major overhaul is coming for federal student loan borrowers. The One Big Beautiful Bill Act (OBBBA) was passed into law last year, but many of the changes related to student loans go into effect starting July 1, 2026. Those changes can affect everything from loan forgiveness eligibility, repayment options, loan limits, and much more. Whether you’re looking to borrow loans for the upcoming school year or you’re paying off existing loans, here’s what you need to know before July 1. Jump to FAQ section: New repayment options What are the new repayment plans? Here’s a look at the two…

In-brief analysis June 23, 2026 On April 28, 2026, the United Arab Emirates (UAE) announced that it was leaving OPEC, effective on May 1. OPEC was formed in 1960 by Iraq, Iran, Kuwait, Saudi Arabia, and Venezuela, with the stated objective to “coordinate and unify petroleum policies among Member Countries.” OPEC is best known for its effect on global crude oil prices. The UAE joined OPEC as the emirate of Abu Dhabi in 1967 and as of 2025 held the third-largest crude oil production capacity in the group behind Saudi Arabia and Iraq. The UAE…

More than half of homes are selling above asking price in Newark, San Francisco, San Jose and Nassau County, making them the most competitive markets in the nation. The AI boom is leading to bidding wars in the Bay Area, and in the Northeast, many metros are seller’s markets.  The least competitive markets are in Florida and Texas, where less than 10% of homes are selling above asking price. In those seller’s markets, demand has failed to keep up with supply.  Nationwide, about one-quarter of homes are selling above asking price, indicating bidding wars. Most homes are selling below asking…

When is Amazon Prime Day? Amazon Prime Day 2026 officially runs from Tuesday, June 23, through Friday, June 26. However, you don’t need to wait for the event to start saving. That’s because early deals are already appearing, as Samsung is rolling out discounts well ahead of the main sale. In fact, some of the strongest price cuts typically show up in the weeks leading up to Prime Day, so expect to see a lot more in the coming weeks.Is Prime Day a good time to buy Samsung devices?Amazon Prime Day is one of the best times of the year to…

(Oil & Gas 360) – Investor webcast scheduled for June 30, 2026, at 1:00 p.m. PDT. Vancouver, BC – June 23, 2026 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce that Dr. Paul Clarke, President and Chief Executive Officer, will host an investor webcast via Zoom on June 30, 2026, at 1:00 p.m. PDT to provide an overview of the Company’s portfolio, including recent technical and commercial milestones at its 100% owned Kiskunhalas project in southern Hungary (the “Kiskunhalas Project”). The webcast will review CanCambria’s progress across several key areas…

Article published at 9:05 a.m. CTJJ Kinahan is Senior Vice President, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:Tech stocks are in a free fallDrops follow global tech selloffSpaceX set for fourth straight day of declinesThe markets are looking at steep declines in early trading amid a global tech selloff of tech stocks as investors worry about high-priced valuations and heavy AI spending. Yesterday’s tech drop triggered a global meltdown that pressed South Korea’s tech-heavy Kospi index 10% lower, off record levels.Memory stocks Micron, Seagate, Sandisk and Western Digital all tumbled 7% and…

Portrait of an adorable baby boy playing with dollars at homegettyOn the Fourth of July, the federal government will start depositing $1,000 in the stock market for every eligible American newborn. Though the regressive policy has been created by the Trump administration it contains a kernel of an idea pushed by workers, unions, and the left for a century. Workers want wealth, not only wages.Why Workers Want WealthWealth is a claim on future income, the kind you hold whether or not you punch a clock and sell your labor. Wealth buys choice, leverage, and a cushion for the vagaries of…

Many retirees rely on their homes for financial security.Home equity accounts for a substantial share of net worth among households aged 65–74, according to the Federal Reserve’s Survey of Consumer Finances.But when it comes time to tap that value, often through a sale, converting housing wealth into cash doesn’t always go as planned for older adults. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert…

When people talk about closing costs and other expenses to prepare for when you buy a new home, they often forget to mention furniture, gadgets and new decor. And after 15 years of living in apartments, when I moved into a house, there was a lot to purchase.Suddenly, I had a separate dining room. And a living room that can fit an L-shaped couch. And a kitchen with enough storage space to finally fit my KitchenAid stand mixer. A backyard where we could grill! A basement where we could work out! Wonders never ceased, but those wonders have a price…

Amazon Prime Day is here. This is a four-day sales event running from Tuesday, June 23, through Friday, June 26.While many of these sales don’t have deep discounts, I use them as a chance to score discounts on items that improve my home’s functionality and safety. On this end, Prime Day doesn’t disappoint.But first, make sure you have an Amazon Prime membership to shop the event. If you don’t have one and you’re new to Prime, you can sign up for a 30-day free trial. Now, here are a few items that can give you peace of mind, improve your…