Author: Money Mechanics

The first half of 2026 will be a tough act to follow. In our 2026 full-year outlook, we were bullish on stocks, but we cautioned investors to dial back risk in their portfolios.Right on cue, the broad market peaked on January 27, then sank more than 9%, a whisker below the 10% threshold that marks an official correction. But it’s the about-face from the market’s low at the end of March that has been truly stunning, with the S&P 500 Index taking just 11 trading days to set a new high — and subsequently notching six more by April 30,…

The soaring cost of jet fuel has caused many airlines to raise prices, making the cost of your summer trip more expensive than ever. At a time when all of your other costs are going up, too, you might be straining to make your usual travel plans fit your budget.Instead of cancelling their summer vacation plans altogether, travelers are trying everything to offset or avoid fuel surcharges. That includes things like swapping destinations for one of the cheapest countries to visit, opting for a slight downgrade in hotel to save money or even shortening the overall length of their trip.If…

Refresh 2026-06-15T16:50:13.414Z Who is Kevin Warsh? On May 13, the Senate voted 54-45 to confirm Kevin Warsh as the new Federal Reserve chair, replacing Jerome Powell, who had served in that position since 2018.But who is Kevin Warsh? Warsh previously served on the Federal Reserve Board from February 2006 through March 2011. He was Fed Chair Ben Bernanke’s right-hand man during the 2008-09 global financial crisis and was his primary liaison to Wall Street, which earned him credibility he still retains.Before his time at the Federal Reserve, Warsh was special assistant to the president for economic policy and executive secretary…

Artie Beaty/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysAndroid Auto now goes beyond roads, helping you explore outdoors.Most of these apps offer offline use.Some off-road vehicles already have Android Auto built in.Android Auto is a fantastic companion for your daily drive, but it can be surprisingly useful other times, too – like long road trips. And thanks to a recent rise in developer support, it’s even expanding beyond roadways.There’s a growing catalog of Android Auto apps designed to help you navigate and explore outdoors. Whether you’re driving across the country in an RV, heading to national parks for…

In a latest announcement from CEO Vlad Tenev, financial services giant Robinhood Markets (NASDAQ: HOOD) continued to show a knack for entering new business lines. According to Tenev, Robinhood Securities, a subsidiary of Robinhood, is now approved to serve as an IPO underwriter. Notably, Robinhood has already been a participant in the IPO market for years. The platform has allowed retail investors to gain early access to IPOs—a privilege often reserved for institutional investors.. The announcement meaningfully changes Robinhood’s position in the IPO arena. However, in isolation, is this move a large growth opportunity for Robinhood, or is something more…

Toronto, ON – June 15, 2026 – Cboe Canada Inc. (“Cboe Canada”) today announces the listing of the Purpose SpaceX (SPCX) Yield Shares ETF, following the landmark initial public offering of Space Exploration Technologies Corporation (“SpaceX”) on June 12, 2026. This newest ETF in the Purpose Investments Yield Shares suite is now available for trading under the ticker symbol SPXY.SpaceX, the aerospace and technology company founded by Elon Musk, has captured the imagination of investors worldwide. SPXY, now gives Canadians a first-of-its-kind, income-generating avenue to participate – not just through price appreciation, but through a yield-focused structure designed to generate…

I’ve worked with enough successful business owners to know that almost every one has the same gap in their plans.Take a scenario I see all the time: Dave built a widget company from nothing into a $30 million business. He’s sharp, disciplined and completely focused on growth.But when I ask him what his plan looks like after the company’s sale, he stares at me like I’ve asked him to solve a riddle in an unknown language. 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…

Editor’s note: This is part one of a two-part series about estate planning. Part two will explore the three-step process for designing your estate plan. When most people think about estate planning, they think about a will. It’s often framed as a final step, a document that ensures your wishes are carried out and your assets are distributed properly.While that’s important, it misses a much bigger point: A will governs only what’s left. 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…

If you have retirement savings in an IRA or 401(k), Uncle Sam is your partner on that money because every dollar you pull out of it is taxed.Consider this common scenario: One spouse in a retired household passes away and the surviving spouse becomes a single taxpayer, which affects their overall tax liability, even though their income goes down.Let’s say the couple’s total income was $200,000 a year. While they were married, this meant they had an effective tax bracket of about 15%. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just…

Cash accounts are having a moment, thanks to the decent interest rates they now pay, at long last. But selecting one can be a daunting task given the profusion of choices —from money market accounts to money market mutual funds to a small clutch of newly hatched money market exchange-traded funds.The term money market has become a catch-all description for a variety of interest-bearing products that follow different rules. The offerings also vary in yield, ease of accessibility and, to a small degree, levels of safety. “In some respects, money market has become more of a marketing term than a…