Author: Money Mechanics

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 09, 2026 Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT. For release at 4:00 p.m. EDT The Federal Reserve Board on Tuesday announced that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT. The Board’s stress test is one tool used to measure whether banks have adequate capital…

(World Oil) – The Permian basin continues to strengthen its position as a key driver of U.S. energy production and economic growth, supporting more than 940,000 jobs nationwide and contributing billions of dollars to local, state and national economies, according to new reports released by the Permian Strategic Partnership (PSP). The organization’s 2025 Annual Report and accompanying Power of the Permian economic impact study highlight the basin’s expanding role in U.S. energy security and long-term economic development. According to the report, the Permian currently accounts for more than 44% of active drilling rigs operating in the United States and is projected to…

Dividend investing is one of the most reliable ways to generate passive income from your portfolio. But how much of that income you actually keep depends heavily on one factor — taxes — and specifically whether your dividends qualify for the preferential tax treatment the IRS calls “qualified” status.Depending on your income level, you may owe nothing on your qualified dividends. But even at high-income levels, the taxes will almost always be lower than what you pay on most other investments.Dividend tax rules here are quirky and can make a major difference in how much of your dividend income you…

Drive through eastern Loudoun County, Virginia, and you will quickly understand why some parts of the area are often referred to as “Data Center Alley.”Massive, windowless gray cement structures rise up behind fences and security gates, while cranes loom over roads once lined with trees, now covered in mud from construction traffic, working to make way for yet another data center.This mixed suburban/rural area is now home to the world’s largest concentration of data centers. Around 200 facilities are currently operating in Loudoun alone, with more planned, and they handle over one-third of the world’s daily internet traffic. From just…

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $55.9 billion in April, down $0.7 billion from $56.6 billion in March, revised.U.S. International Trade in Goods and Services DeficitDeficit:$55.9 Billion–1.2%°Exports:$327.1 Billion+2.6%°Imports:$383.0 Billion+2.0%°Next release: Tuesday, July 7, 2026(°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changesSource: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, June 9, 2026Exports, Imports, and Balance (exhibit 1)April exports were $327.1 billion, $8.3 billion more than March exports. April imports were…

Strong NFP report pushes gold lower on Fed hike bets Israel-Iran ceasefire headlines do little to offer support US inflation data could further strengthen the Fed tightening case Technical outlook remains bearish, with next support at $4,100 fell sharply on Friday, as the astoundingly strong bolstered expectations that the Fed may need to raise before the turn of the year. The precious metal tumbled from slightly below the key $4,500 zone, broke below the 200-day exponential moving average (EMA), and dipped its toe below the March 26 low of $4,345. Although headlines about an Israel-Iran ceasefire have been circulating since…

First, take a breath — if back taxes or bankruptcy has you stressed, you are not alone, and you have more options than you might think. A free or low-cost NFCC-certified counselor can walk through them with you whenever you’re ready. So, does bankruptcy clear tax debt? The honest answer is “yes, it can, but only under strict conditions.” Some older income tax debt can be wiped out in bankruptcy, but a lot of tax debt cannot, and even when the debt is erased, an existing tax lien can survive. This guide breaks down exactly which tax debts qualify, the…

Seeed Studio’s SenseCAP T1000-E tracker card pros and cons Pros Compact yet fully featured tracker card.It’s more than just a tracker card — it has a full mesh client built inside.The app unlocks many features, and the card can be flashed with different firmware. Cons The battery lasts two or three days.It uses a proprietary magnetic charging cable.It’s a deep rabbit hole that can sometimes have a steep learning curve. Follow ZDNET: Add us as a preferred source on Google.I’ve said it before, and I’ll say it again: Apple AirTags were a total game changer for me. Being able to…

The options market is moving faster, tools are getting better, and discipline matters more than ever. Tradier’s TraderFest, sponsored by Cboe, recently brought together traders and industry leaders to discuss topics just like this. Cboe’s Henry Schwartz, Vice President, Derivatives Market Intelligence, dove deep on the current state of the options industry in his presentation, Behind the Numbers: The Options Market Today presentation. Likewise, JJ Kinahan, Senior Vice President, Head of Retail Expansion and Alternative Investment Products, joined fellow industry leaders to discuss innovation in retail trading products — an area that’s growing rapidly. Across the entire conference, one theme…

If you were in construction or agriculture in the late 1990s to early 2000s, chances are that the name Nextel calls up fond memories.They developed a walkie-talkie-type push-to-talk cell phone that was very popular back then. With that kind of phone, you could instantly contact others on the same network and also place regular cell calls.Smartphone technology passed Nextel by, and the company went out of business in mid-2013. 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 FREE ISSUE Sign…