Author: Money Mechanics

Key Takeaways A survey of economists showed that most experts believe the economy faces risks of recession and high inflation.The 159 respondents largely said President Donald Trump’s economic policies would increase those risks.The policies that a majority of economists were concerned with were tariffs, immigration crackdowns, and the One Big, Beautiful Bill, among others. Economists see increasing risks to the economy, many of which may be caused by President Donald Trump’s economic policies.Tariffs, the recently-passed tax and spending bill, the government’s crackdown on immigration, Trump’s interference with the Federal Reserve, and the administration’s management of government economic statistics are all…

Tech giant Apple Inc AAPL recently announced a price increase for its streaming customers, taking its AppleTV+ subscriptions from $9.99 per month to $12.99 per month, its first price increase since 2023.Deepwater Asset Management Managing Partner Gene Munster breaks down what the price increase could mean.Gene Munster On Apple’s Price IncreaseThe price increase for Apple’s streaming segment represents a “small example of a big opportunity” for the tech giant, Apple bull Munster wrote in a recent blog post.Munster says that Apple is looking to increase its revenue per device through items like subscriptions and price increases for services and hardware.”I…

Thank you for the opportunity to speak to you today.1 I am here to discuss one of the most important resources that policymakers have: the lessons of history. In discharging my responsibilities at the Federal Reserve, I have been thinking a lot about history. Its study provides the opportunity to step out of the particular circumstances of today to inform our understanding of the core issues at the heart of financial regulation. While we must be attentive to new and even unprecedented challenges, experience shows that understanding the lessons of history gives policymakers a great advantage. Many of the decisions…

An Evergrande commercial complex in Beijing on Jan. 29, 2024.Greg Baker | Afp | Getty ImagesChina Evergrande Group was delisted from the Hong Kong Stock Exchange on Monday — an ignominious exit for the former high-flying developer that once epitomized Beijing’s economic rise and later came to symbolize the country’s property bust.Following its listing in 2009, Evergrande had become one of China’s hottest stocks, with the company’s market cap peaking at $51 billion in 2017. Trading in the company’s shares had been suspended since January 2024 when it received a liquidation order, with its market value falling to just above…

Key Takeaways The S&P 500 fell 0.4% on Monday, Aug. 25, 2025, ahead of this week’s highly anticipated earnings results from Nvidia and an update on the Federal Reserve’s favored measure of inflation. Keurig Dr Pepper stock tumbled after the company announced it would buy the parent of Peet’s Coffee and then separate its coffee and beverage businesses.Seagate Technology shares moved higher as Cantor Fitzgerald analysts said strong market dynamics and pricing could help boost the data storage company’s gross margin. Major U.S. equities indexes lost ground to start the trading week after Friday’s rally as investors looked ahead to Wednesday’s…

385848 27: Cast members of NBC’s comedy series “Friends.” Pictured (l to r): David Schwimmer as Ross Geller, Courteney Cox as Monica Geller, Jennifer Aniston as Rachel Cook, Matthew Perry as Chandler Bing, Matt LeBlanc as Joey Tribbiani and Lisa Kudrow as Phoebe Buffay. Episode: “The One Where They All Turn Thirthy.” (Photo by Warner Bros. Television)Getty Images It is amazing how much we can accumulate. I don’t have just a junk drawer, but I should clean out all my drawers and closets. Stuff seems to multiply. Maybe we are collectors or maybe we inherited possessions passed down to us.…

Key Takeaways Intel shares lost ground to start the week after surging Friday following news that the U.S. government had reached a deal to take a 10% stake in the embattled chipmaker.After attracting buying interest near a multi-month floor earlier this month, the stock has continued to climb higher on above-average volume, potentially setting the stage for a breakout from an established trading range.Investors should watch key overhead areas on Intel’s chart around $26 and $30, while also monitoring important support levels near $22 and $19. Intel (INTC) shares wavered to start the week after surging Friday following news that…

Investors, traders and speculators stepped back after a furious rally triggered by Federal Reserve Chair Jerome Powell’s dovish speech at the Jackson Hole Economic Symposium.With the direction of interest rates seemingly settled, attention has turned to the biggest stock ever by market capitalization and the most important company on the planet amid a still-expanding artificial intelligence revolution.”The baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” was all Powell had to say Friday for market participants to price in easier money. Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Save up to…

Key Takeaways A new Nationwide survey found that 61% of U.S. adults that currently receive or expect to receive Social Security said they wouldn’t survive financially if they were forced to miss even half a monthly benefits payment.More than 80% of Americans are concerned about the long-term outlook of Social Security, and nearly 22 million U.S. reitrees rely on the program’s benefits as their only source of income.Younger generations are particularly concerned about whether they will receive benefits when they are eligible, and financial advisors are cautioning some to plan for the worst. More than half of Social Security recipients said…

Key Takeaways The number of visitors to Las Vegas fell by 11% in June, and was down 7% through the first six months of this year. Over a whole year, 7% would be the largest decline in more than 50 years, bigger than the drop felt during the Great Recession. Experts have pointed to several reasons for the drop, from a lackluster U.S. economy to a decline in international travel and changing habits among generations. Las Vegas, one of America’s most popular tourist destinations, is showing signs of a downturn. Data released at the end of July showed that visitor…