Author: Money Mechanics

After Coinbase CEO Brian Armstrong called for a rethink of accredited investor laws in the United States, billionaire investor Mark Cuban replied on June 16 with a blunt line on X: “Just sell em MemeCoins Brian!” It was short, sarcastic, and very Cuban. But behind the joke sits a serious criticism of how American markets treat retail investors. On X, formerly known as Twitter, Armstrong argued that the current rules keep ordinary investors away from some of the most attractive early-stage opportunities, while wealthy investors continue to get access before everyone else. A system built around wealth, not knowledge His main…

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Adam Doud/ZDNETFollow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeawaysI tested three fast-charging smartphones.I used OEM and third-party chargers.Two phones beat their rated speeds; one fell short.Charging speed is one of those numbers that marketing people love to toss around. That’s especially true when it comes to OnePlus. It can be a throwaway line, but when new phones launch, you’ll often hear about advertised charging speeds. From 25 watts all the way up to 120 watts, how fast your phone can charge might matter to you. It also matters how fast the plug you buy is, too,…

(Oil & Gas 360) By Greg Barnett, MBA, Part 2 of 3- The United States has not failed to recognize the potential of natural gas as a transportation fuel. On multiple occasions, the concept has been elevated to the national stage, debated within Congress, and supported by both industry and policymakers. The most prominent example remains the effort led by T. Boone Pickens, whose proposal to convert the nation’s heavy-duty transportation fleet to natural gas represented the closest the United States has come to a coordinated strategy. The fact that this effort did not mature into a sustained national program…

New York City Mayor Zohran Mamdani has confirmed that Taylor Swift and Travis Kelce are going to say “I do” in the Big Apple—revealing that the highly anticipated wedding will take place before the FIFA World Cup draws to an end on July 19.Mamdani, 34, who was sworn in as mayor of New York City on Jan. 1, 2026, let slip the information during a press conference in which he addressed the NYPD’s ability to keep New Yorkers safe during large events, particularly when so many big-ticket occasions are taking place at the same time.Speaking specifically about the World Cup,…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. More than a decade ago, Carlos Rodriguez Sr., executive chairman of Driftwood Capital, a Miami-based real estate and hospitality investment firm, started acquiring properties in Brevard County, Florida. There was not a lot of demand after the space shuttle program was canceled in 2011, and there…

Two weeks ago, OpenAI said it would relaunch the robotics program it shuttered in 2021 — the latest signal that the biggest AI labs are racing to teach machines to operate in the physical world. But building capable robots requires something the AI industry doesn’t yet have, which is the training data to match that used for language models. That gap is creating a new kind of infrastructure business. Unlike LLMs that were trained on a vast sea of publicly available text, robots need data that captures physical interaction, and that kind of data barely exists. YouTube videos and footage…

The markets have chopped around and traded mostly sideways over the past month, with the S&P 500 remaining mostly flat after bouncing back on June 11 after President Donald Trump announced that he was halting attacks on Iran. But prior to his social media post, the benchmark index was on the verge of a pullback, having fallen 4.5% from its one-month high. Conditions remain volatile, though, with the Chicago Board Options Exchange’s CBOE Volatility Index (VIX) reaching its highest level since early April. But that has not dissuaded Goldman Sachs from maintaining its bullish outlook. In fact, in late May,…

Article published at 9:00 a.m. CTJJ Kinahan is Senior Vice President, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:Markets are sharply higher amid hopes of 60-day ceasefire on FridayFed Reserve kicks off Kevin Warsh eraSpaceX options trading opens TuesdayAn interim peace deal reached between the U.S. and Iran yesterday to end the four-month war is pumping positive market activity in the early going. The memorandum of understanding is set to be inked on Friday in Geneva, Switzerland, kicking off a 60-day ceasefire period as the two nail down specifics of the accord.President Trump…

It’s a tale as old as time: If you live in a high-cost area like Long Island, San Francisco, or Seattle, your paycheck doesn’t stretch nearly as far as it would in, say, Pittsburgh. Yet, the IRS taxes your income exactly the same.A new bill from lawmakers on Capitol Hill would flip that script by linking your federal tax obligations to your home address.The Cost of Living Tax Cut Act, introduced by House Reps. Laura Gillen (D-NY-04) and Mike Lawler (R-NY-17) would adjust federal income tax brackets based entirely on where a taxpayer lives. From just $107.88 $24.99 for Kiplinger…