Author: Money Mechanics

is back at the centre of the market conversation because it touches almost everything investors are trying to price: inflation, interest rates, currencies, equities, consumer demand and geopolitical risk. That matters in the current market environment. After months of investors trying to look through geopolitical shocks, Middle East tensions are again moving into asset prices. Fresh hostilities between the U.S. and Iran have kept traders focused on the Strait of Hormuz, energy supply and the risk that higher oil prices could feed back into inflation. has been moving around the low $90s, with markets reacting quickly to every sign of…

Gallagher Re’s new Arthur Re Ltd. platform adds another dimension to the reinsurance broker’s global retrocession offering, and according to Jason Bolding, Global CEO of Gallagher Securities, the platform allows the firm to bring clients more flexible capital solutions while streamlining the issuance process for index-based catastrophe bonds.Artemis recently spoke with Bolding about the Bermuda-domiciled unrestricted special purpose insurer (SPI) and segregated accounts company, which was established last year by Gallagher Re and its specialist capital markets division, Gallagher Securities. To begin, Bolding explained the primary market drivers that triggered the launch of the platform, “The idea behind this platform,…

Tennessee has a headline that grabs every seller’s attention, and it deserves to: there is no state income tax. The old Hall tax on interest and dividends was fully repealed back in 2021, so the gain on the sale of your business isn’t taxed at the state level the way it would be in most of the country. For a retiring owner cashing out years of work, that can mean a meaningfully larger number landing in your account. It’s a real reason the state keeps pulling in new residents and out-of-state buyers. Before you talk to buyers, get a realistic…

(Oil & Gas 360) – FOR IMMEDIATE RELEASE SAGE ENERGY PARTNERS WHOLLY OWNED SUBSIDIARY SAGE WATER RESOURCES ANNOUNCES SUCCESSFUL RECOVERY AND ENHANCED CYBERSECURITY HARDENING OF UINTA BASIN INFRASTRUCTURE FOLLOWING TARGETED GEOPOLITICAL CYBER INCIDENT DUCHESNE, UTAH — June 10, 2026 — Sage Energy Partners / Sage Water Resources (SWR), a leading Native American-owned and operated water infrastructure and management provider in the Uinta Basin, today announced the completion of a comprehensive security hardening of its Programmable Logic Control (PLC) automation system following a targeted cyber incident. On March 15, 2026, SWR detected unauthorized activity on its PLC at its salt water disposal facility…

Uncle Sam uses a pair of scissors to cut a Social Security card in front of the U.S. Capitol building.gettyThe 2026 Social Security Trustees Report landed Tuesday and moved the day of reckoning into the next presidential term. The retirement trust fund now runs dry in 2032. At that moment, by automatic operation of law, every retirement and survivor check shrinks about 22 percent. Fold in the smaller disability fund and the date stretches to 2034, with a 17 percent across the board cut. Six years. That is the runway.The report’s headline number is worse than its dates. The 75-year…

Foreclosures have continued apace, with Florida leading the nation in May, according to a new report.Nationwide, foreclosure filings dropped 5% last month from April but surged 14% from a year ago, according to the May 2026 U.S. Foreclosure Market Report released by property data provider ATTOM.Florida had the worst foreclosure rate in the country, with 1 in every 2,110 housing units in the Sunshine State carrying a foreclosure filing, compared with 1 in every 3,562 housing units nationwide.Florida was followed in foreclosure rates by South Carolina and Maryland, while Vermont and South Dakota had the lowest foreclosure rates in the…

By David Enna, Tipswatch.com While the news was expected, the May inflation report issued today by the Bureau of Labor Statistics is disturbing: U.S. all-items inflation rose 0.5% for the month on a seasonally-adjusted basis, rising to an annual rate of 4.2%, the highest since April 2023. Core inflation, which strips out food and energy, was a bit tamer with a rise of 0.2% for the month and 2.9% for the year, up from 2.8% in April. The monthly core rate was below expectations — the one sliver of good news this morning. In just over three months since the…

Jack Wallen/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysAlpine Linux is a small but mighty distribution.With a bit of work, it can be shaped into a lightning-fast desktop OS.Alpine Linux is free to download and install.I’ve used every conceivable Linux distribution, from the extremely lightweight to the overstuffed and bloated. With almost every distribution type, I can find a rock-solid use to make the most of what it offers.Also: The best Linux laptops: Expert tested for students, hobbyists, and prosAlpine Linux is no outlier. However, for the most part, I’ve used this lightweight, security-focused distribution for…

With America’s 250th anniversary just weeks away, eyes are turning to the last remaining legacy properties built by the country’s founding fathers more than two centuries ago. One newly listed North Carolina estate is vying for a place among those historical dwellings, despite being built just 103 years ago.Located in Asheville, NC, the extraordinary abode looks almost identical to the home of George Mason, who was a delegate to the U.S. Constitutional Convention in Philadelphia in 1787 and is considered a key author of the United States Bill of Rights.In 1750, 26 years before America declared its independence from Great…

Stocks opened lower Wednesday and stayed there through the close as geopolitical worries ramped up after the U.S. launched strikes against Iran late Tuesday and President Donald Trump threatened more attacks. Another red-hot inflation reading weighed on sentiment, too.President Trump kept to his word. After saying on Tuesday that the U.S. “must, of necessity, respond” to the shooting down of an Army Apache helicopter, the military launched multiple strikes against Iranian targets last night.And in an early morning Truth Social post, Trump criticized Iran, saying it has “taken too long to negotiate a deal,” and “will have to pay the…