Author: Money Mechanics

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…

Crude is unwinding the entire conflict in real time. West Texas Intermediate sank nearly 4% toward $69 a barrel in Friday dealing, its lowest level since February 27 — the day before the airstrikes that opened the US-Iran war first sent prices spiraling. Brent, the international benchmark, eased below $73. is on track for a roughly 10% weekly drop, the largest in a month, and a third straight weekly decline. The premium that pushed crude above $120 at the peak of the conflict has been ripped out of the price, and the speed of the unwind is the entire story.…

(BOE Report) – Fewer vessels transited the Strait of Hormuz on Friday than earlier this week, hours after a Taiwanese-operated ship was fired on by Iran, ship tracking data showed. The U.N. shipping agency temporarily paused its voluntary scheme to evacuate hundreds of stranded ships and thousands of seafarers from the Gulf after the ship was damaged in the attack close to the Omani side of the waterway. Nevertheless, at least four tankers including three very large crude carriers, which can each carry a maximum of 2 million barrels of oil, entered the Gulf to load oil, ship tracking data…

A plum waterfront location is one of the most sought-after amenities on the market, particularly when it comes to the beautiful Maine coastline—but finding a home that features a staggering 3,000 feet of private frontage across three sides is almost unheard of.Yet that is exactly what is on offer in Yarmouth, thanks to a newly listed $14 million estate that is tucked away at the heart of a private peninsula overlooking Dead Man’s Cove.The property, which is listed with Anna Charlotte of Legacy Properties Sotheby’s International Realty, stretches across 7.1 acres into Casco Bay, boasting more than 3,000 feet of…

Basswood Capital Management, a director by deputization at Dime Community Bancshares (NYSE:DCOM), reported the indirect sale of 44,402 shares across multiple open-market transactions on June 12, June 15, and June 16, 2026, for total proceeds of approximately $1.76 million, as disclosed in the SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 weighted average purchase price ($39.70); post-transaction value based on June 16, 2026 market close. Key questions What is the scale of this sale relative to Basswood Capital Management, L.L.C.’s overall position?The 44,402 shares sold represent 3% of pre-transaction holdings, leaving the firm and its…

When is Amazon Prime Day?  Amazon Prime Day runs from Tuesday, June 23 to Friday, June 26. Do Amazon Prime members get free games?Yes! Amazon Prime members get access to a selection of free digital titles through the Amazon Luna service. Prime members can also claim exclusive perks and bonuses through Twitch, like in-game items and discounts. This month, Amazon Luna is offering Mafia III Definitive Edition, Tomb Raider IV/V/VI Remastered, and XCOM Enemy Unknown Complete Pack, along with a slew of indie titles from GOG.How did we choose these Best Buy deals?ZDNET only writes about deals we want to buy –…

More Americans are growing concerned about their ability to afford retirement.A recent survey from Northwestern Mutual found that 48% of Americans believe they’ll outlive their savings.Many also believe they’ll need at least $1.46 million in savings to retire comfortably in 2026, a $200,000 increase from 2025. 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 advice on investing, taxes, retirement, personal finance and more -…

The aphorism “If you fail to plan, you’re planning to fail” is commonly attributed to Benjamin Franklin.Even if the words are his, he wouldn’t have been thinking about income taxes when he wrote them. Those were introduced in 1862 to temporarily fund the Civil War. The 16th Amendment made them permanent in 1913.Today’s income taxes are quite complex compared to the type of taxation people would have known in the days of the Founding Fathers. And you’ll need to take an active, strategic approach to managing them if you want to optimize your financial position. From just $107.88 $24.99 for…

Welcome to Kiplinger’s My First $1 Million series, in which we hear from people who have made $1 million. They’re sharing how they did it and what they’re doing with it. This time, we hear from a married and retired 55-year-old public high school teacher in Midland County, Michigan. He reports his annual salary when he began teaching was $30,000. At retirement in 2020, it was $68,000.See our earlier profiles, including a writer in New England, a literacy interventionist in Colorado, a semiretired entrepreneur in Nashville and an events industry CEO in Northern New Jersey. (See all of the profiles…