Author: Money Mechanics

The solar industry is cutting how much goes into every panel as fast as it can, and the market is still headed for a sixth straight annual shortage. That is the tension worth understanding, because solar has been the single biggest growth engine in silver demand for half a decade, and the people who track the market just took a large slice of it off the table. Silver use in photovoltaics fell 6% in 2025 to 186.6 million ounces and is forecast to fall a further 19% in 2026 to roughly 151 million ounces, according to Metals Focus and the…

By David Enna, Tipswatch.com The Treasury’s reopening auction of a 5-year Treasury Inflation-Protected Security — CUSIP 91282CQP9 — generated a real yield to maturity of 1.955%, a good result for investors. Real and nominal Treasury yields moved higher late Wednesday after the Federal Reserve held short-term interest rates in a range of 3.50% to 3.75%. But dot-plot projections from Fed members made it clear that rate increases could be coming later in the year if U.S. inflation does not begin cooling. I watched Kevin Warsh’s news conference and I’d say he tried valiantly to make things look calm at the…

(Oil & Gas360) By Greg Barnett, MBA – If Matt Simmons helped explain the growing engineering complexity beneath the world’s oil reservoirs, Thomas A. Petrie spent decades explaining something equally important above ground: oil is never just a commodity. It is capital, power, diplomacy, security, industrialization, and national survival operating simultaneously. In Following Oil, Petrie chronicled how energy systems reorganize political systems over time. He understood that oil markets are never static because nations themselves are never static. Wars, nationalization, financial crises, technological revolutions, and trade realignments continuously alter the balance between producing nations and consuming nations. That process accelerated…

Just weeks away from the official launch of “Trump Accounts,” the child savings vehicles from the 2025 tax bill, a targeted spinoff is set to roll out.Dubbed “Fostering the Future Accounts,” this new initiative is designed to help children in foster care save for future housing, educational, and career development costs as they transition to adulthood.First Lady Melania Trump and U.S. Department of the Treasury Secretary Scott Bessent announced in a press release that these new accounts will open on July 4, 2026. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just…

If you’ve been saving in a traditional 401(k) or IRA, you’ve probably heard of Required Minimum Distributions or RMDs. These are withdrawals you’re required to take every year after you turn 73. It’s a way for the Internal Revenue Service to get paid back for all that tax-free income you’ve saved over the years.While there are strategies to avoid and reduce RMDs, for many retirees, it’s just a part of life once you hit 73. But that doesn’t mean it’s one of those things you shouldn’t give too much thought to. After all, your RMDs are treated as ordinary income,…

The 2026 U.S. Open is officially underway at historic Shinnecock Hills Golf Club, though players got a later-than-expected start after heavy fog delayed first-round tee times by about two hours Thursday morning.The weather could remain a major storyline throughout the championship, with tournament officials monitoring the potential for storms and wind gusts of up to 40 mph. If conditions worsen, Shinnecock’s fast greens, thick rough and exposed layout could make one of golf’s toughest tests even more demanding.Defending champion J. J. Spaun returns after capturing his first major title last year, while world No. 1 Scottie Scheffler arrives looking to…

Actress Lindsay Lohan has shared a rare glimpse at her “incredible” home life with her husband, Bader Shammas, and their 3-year-old son, Luai—12 years after she relocated from Los Angeles to Dubai in order to escape the endless scrutiny she endured in Hollywood. “Mean Girls” star Lohan, 39, shared a series of Instagram images and videos of her adorable family both in the U.S. and in their home city, while paying tribute to her spouse on his 40th birthday. The clip showed off many of the fun-filled family days Lohan and Shammas have shared with their son, including a clip of…

If your weekend barbecue shopping trip feels more expensive this year, you’re not alone.The biggest culprit? High beef prices, which are up about 14% year over year, according to the Bureau of Labor Statistics. This cost is sometimes referred to as the “burger tax.”This burger sticker shock comes as shoppers across the U.S. have been dealing with higher grocery bills for years, especially when buying staples like meat, eggs, and dairy products. 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…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 18, 2026 Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program For release at 9:00 a.m. EDT The Federal Reserve Board on Thursday requested comment on a proposal to require certain payment stablecoin issuers to maintain an effective customer identification program. The proposal would introduce requirements for these stablecoin issuers that are comparable to customer identification program requirements for banks and…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 18, 2026 Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Consent prohibition order against Matthew Cheong Former employee of Manufacturers and Traders Trust Company Embezzlement by bank employee Additional enforcement actions can be searched for here. For media inquiries, please email [email protected] or call…