Author: Money Mechanics

Waymo announced Tuesday that it’s going to bring both of its vehicles — the Jaguar I-Pace SUV and the Zeekr van — to Denver and Seattle starting this week, the latest move in a continued expansion across the United States. The vehicles will be manually driven to start, before the company starts testing its autonomous tech in both cities. Waymo told TechCrunch that it hopes to start offering robotaxi trips in Denver next year and the Seattle metropolitan area “as soon as we’re permitted to do so.” Denver and Seattle will be two of the most extreme-weather cities that Waymo…

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Maybe its time for Medicare Advantage to have a type of informed consent.getty Anyone who has had an MRI, a surgical procedure or even a vaccination comes face to face with informed consent. Patients have the right to receive information about care and treatments so they can make well-informed decisions. This process requires a healthcare professional to: Provide the name and a description of the proposed procedure and an explanation of its purpose (information should be provided in both medical and layman’s terms) Educate a patient about the risks, benefits, and alternatives of a given procedure or intervention, and Assess…

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Key Takeaways Nearly 86% of people report using a budget regularly. Less than 25% said they stick to their budget. Reasons why people can’t stick to budgets include overspending, increasing expenses, debt, and unrealistic goals. Age, income, and race often play into how and whether people budget. Money is on the mind of many consumers. As many as 54% of Americans spend more than four hours a day thinking about their finances. So, it’s no surprise that consumers consider money management a priority, with more than two-thirds saying they use budgets to get through the month. However, research shows that…

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Shares of Google’s parent company popped in after-hours trading, after a federal judge ruled that the tech giant doesn’t have to sell its Chrome browser, a major win for the search giant that soothes worries it might have had to give up a key part of its business. Alphabet (GOOGL) stock was recently up 7% in extended trading, after dropping close to 1% during the regular session amid broader market losses. (Read Investopedia’s full coverage of today’s trading here.) It’s added about 12% in 2025 through Tuesday’s close. Tuesday’s order from Judge Amit Mehta, who ruled a year ago that Google…

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Key Takeaways The Bureau of Labor Statistics is scheduled to revise its job growth figures from early 2024 through early 2025 next week.Forecasters expect job growth to have been slower than previously thought.The adjustment is part of a routine process that has become controversial in recent months after President Donald Trump accused the head of the BLS of rigging the data. Job growth figures are about to be massively revised downward—again.Forecasters expect the Bureau of Labor Statistics to revise its job growth estimates downward for April 2024 through March 2025 next Tuesday as part of a routine annual benchmark process.…

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(World Oil)– Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by 1.9 million barrels per day (bpd), 93% of which was produced from just 10 counties in Texas and New Mexico, according to a new report from the Energy Information Administration (EIA). Production from the rest of the U.S., including producing areas in offshore state or federal waters, grew by just 130,000 bpd. The 10 counties are all within the Permian basin, a large geologic feature underlying 66 counties in New Mexico and Texas. Two of these counties, Lea and Eddy in…

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Key Takeaways The S&P 500 fell 0.7% on Tuesday, Sept. 2, 2025, with stocks coming under pressure to start the abbreviated trading week as investors looked toward Friday’s key jobs report.Kraft Heinz announced a plan to separate into two companies. Shares of the food maker plunged. Nvidia shares slipped amid a retreat in chip shares. Ulta Beauty shares bounced higher as analysts praised the cosmetic retailer’s strong quarterly results and strategic advances. U.S. stocks lost ground on the first trading day of September. The S&P 500 ended Tuesday’s session down 0.7% as the markets returned to action following the extended…

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Index options and ETF options—especially those that track broad market indices like the S&P 500—are very similar. With one trade, market participants can gain broad market exposure, hedge their portfolios, or execute a variety of trading strategies. At 1/10th the size of SPX®, XSP® offers very similar notional size, weekly expirations, and PM-settlement to SPY, but with even more potential benefits.Contra Assignment Implications of ETF OptionsExample: Both XSP index and SPY ETF close at $602.30 on March 1st. Market moves higher to $603.50 after the market close.Potential Tax Savings with Index Options*Get more XSP resources and learn more benefits here…

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Key Takeaways The Trump administration closed the de minimis import tax exemption loophole on Friday, which could further disrupt the online shopping industry. Previously, packages valued at less than $800 could enter the U.S. without being subject to import duties and tariffs. The exemption for imports from China ended in May and has now been extended across the globe, with experts predicting higher prices and shipping delays for U.S. consumers. If you’re wondering why the prices of items that have been sitting in your shopping cart online are rising, the expiration of the de minimis tax exemption on Friday is…

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Wall Street trading desks won’t get back to normal levels of activity until after this holiday-shortened week and the start of the NFL season, but the first session of what is historically the worst month of the year for the stock market unfolded in regular form Tuesday.With Nvidia (NVDA) earnings out of the way and three trading sessions until Jobs Friday, investors, traders and speculators weighed a set of less-than-stellar incoming data.As LPL Financial Chief Technical Strategist Adam Turnquist writes, “Over the last 75 years, the S&P 500 has posted an average return of -0.7% in September, making it the…

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