Author: Money Mechanics

Nasdaq First North Growth Market is celebrating its 20-year anniversary by crossing a monumental operational milestone: Video game developer and publisher Paradox Interactive has officially transitioned to the Nasdaq Stockholm Main Market, making it the 150th company to successfully “graduate” from the growth market platform.The twin milestones highlight two decades of First North functioning as Europe’s premier capital engine for small and medium-sized enterprises (SMEs) and showcase how the platform’s “stepping-stone” model supports ambitious growth companies seeking to transition to the regulated market.Two Decades of Scaling CapitalLaunched in 2006, First North has undergone a significant transformation. In its inaugural year,…

Kylie Kelce has revealed her horror at learning she may have a significant mouse problem at the sprawling Pennsylvania estate where she lives with her husband, former NFL star Jason Kelce, and their children—after a mishap with the family’s dishwasher led to a rather disgusting discovery. The mother of four laid bare her upset over the “bad” infestation during the latest episode of her podcast, “Not Gonna Lie,” admitting that the news was particularly shocking to her because she works so hard to keep the family home clean, especially the kitchen.”I am very particular about the kitchen and food preparation…

The most remarkable thing about the oil market on Thursday is what it is not doing. West Texas Intermediate traded near $90.68 a barrel, up 0.72%, and crude sat near $93.56, up 0.48%, even as Iranian officials declared the Strait of Hormuz closed to all vessels, Iranian forces carried out missile and drone attacks on U.S. ships in the waterway, and President Donald Trump threatened to escalate the bombing campaign dramatically after a second consecutive day of U.S. strikes. A headline set like that would once have sent crude vertical. Instead, oil is firm but contained. That gap between the…

The U.S. Bureau of Labor Statistics released its inflation reportfor May on June 10th. May Inflation Summary: The BLS reported Annual Inflation was up a “seasonally-adjusted” 0.5% from April’s 3.8% to May’s 4.2%. That was on top of the 0.5% “seasonally-adjusted” increase from 3.3% in March to 3.8% in April. When we look at the 2-decimal-place non-adjusted numbers, we see it rose even more in April, i.e., from March’s 3.26% to 3.81% (or 0.55%), and less in May (0.44%) to 4.25%. The CPI Index rose from 333.020 in April to 335.123 in May Monthly Inflation for May 2026 was 0.63%, up from 0.21% in May 2025.  Monthly Inflation for April 2026 was 0.85%, up from 0.31% in April 2025.  Next…

Heather Rae El Moussa has seemingly taken aim at the “cruel, heartless people” who broke into the Newport Beach, CA, home she shares with husband Tarek El Moussa and their son, after it was revealed that the property was “ransacked” by thieves while the couple was on vacation.Just before news of the incident was revealed, “Selling Sunset” star Heather, 38, took to Instagram to post an emotional statement, admitting that she and Tarek, 44, felt “violated” by the crime. “Disgusted by some of the cruel heartless people in this world. Tarek and I feel violated and to be honest really…

The prospect of 24/7 trading for U.S. listed options is no longer a thought experiment—it’s an industry conversation already underway. But turning the lights on around the clock is not as simple as flipping a switch. It requires rethinking clearing, collateral, and risk management frameworks; redefining the trading day itself; and ensuring that liquidity, market depth, and investor protections hold up during non-traditional hours. Moderator: Aniceto Solares, Principal, Regulatory Policy, OCCPanelists: Dave Barrett, Head of U.S. Options, Nasdaq Kevin Tyrrell, Vice President, Head of Markets, NYSE: ICE Alicia Crighton, Managing Director, Goldman Sachs Adam Leaman, Chief Commercial Officer, Zerohash This…

The staggering cost of tickets for the 2026 FIFA World Cup has caused widespread upset among soccer fans—but now, some relief is in sight after short-term rental company Airbnb vowed to give away more than 1,300 free tickets to customers who lease one of its properties during the tournament.Airbnb announced on June 9 that “select” properties across “all 16 host cities,” including New York City, Miami, and Los Angeles, will now come with a free ticket to a local match for every person included in the booking.Listings that are part of this sporting giveaway will be clearly marked with a…

The main equity indexes gapped up on Thursday despite another hotter-than-forecast inflation report, this time on the producer side, as President Donald Trump continued to share updates on negotiations with Iran via social media. Stocks held their gains through the trading session and surged late, with investors, traders and speculators apparently poised for whatever comes next in the Middle East, be it more war or real peace.By the closing bell, the blue-chip Dow Jones Industrial Average was up 1.9% at 50,848, the broad-based S&P 500 was higher by 1.8% at 7,394, and the tech-heavy Nasdaq Composite had added 2.5% at…

Japan’s three largest banks are collaborating on a new stablecoin that they plan to launch by March 2027. In a joint statement released, MUFG Bank, Mizuho Bank (NYSE: $MFG), and Sumitomo Mitsui Banking Corporation (NYSE: $SMFG) said that they plan to issue the stablecoin under a trust agreement. The three banks will serve as joint settlors for the stablecoin, which will be pegged to the Japanese yen currency.  More From Cryptoprowl: The banks added that they aim to launch live stablecoin transactions and will establish a council to examine operational frameworks and governance related to the stablecoin’s issuance. The three…

This is one thing Pennsylvania property owners should know more about: the tax on the sale in their state is lower than in almost all surrounding states. Pennsylvania levies a flat 3.07% personal income tax rate, which is considered one of the lowest among flat rates in the United States. In addition, Pennsylvania abandoned the previous tax on capital stock and franchise several years ago. As a result, for any business owners operating a pass-through entity, the profit from the sale will be taxed at a flat personal income tax rate without the entity-level franchise tax. Before you talk to…