Author: Money Mechanics

The S&P 500 and the Nasdaq once again hit new all-time highs on Wednesday. However, not all stocks are in the same boat, with some lagging far behind. Discover 8 US stocks that have been battered in recent weeks and could see explosive gains. The closed at 7,365 on Wednesday, up 1.46%. The jumped 2.03% to 25,839. Both indices reached new record highs. Markets moved higher due to two main reasons: hopes of a possible agreement between the US and Iran to end the war, and strong earnings from tech companies.On the geopolitical side, fell more than 7% to around…

A woman is suing Ant Anstead and his girlfriend, Renee Zellweger, for $10 million after allegedly sustaining injuries while visiting the couple at their Laguna Beach rental home.Tracey Belland filed a lawsuit against Anstead, 47, and Zellweger, 57, in Feb. 2026, claiming she was hurt after allegedly tripping over a rug that was reportedly covering a hole on the patio.Belland claimed that she was hurt during her Aug. 14, 2024, visit to the California home, which was being rented by Anstead.According to the lawsuit, which was first obtained by TMZ, Belland claims that a “thin rug had been placed over…

(World Oil) – OPEC’s crude production fell to a new 36-year low last month as the Iran war continued to choke off exports from the Persian Gulf and forced further shut-ins, according to a Bloomberg survey. Output from the Organization of the Petroleum Exporting Countries declined by 420,000 bpd to 20.55 MMbpd in April, the lowest since 1990, driven by deeper losses in Kuwait and Iran, the survey showed. The group’s production had already plunged by 8.6 MMbpd in March, the biggest slump in decades, when the conflict first shuttered the Strait of Hormuz waterway. The supply loss in the Persian…

In April 2026, Cboe FX Spot Average Daily Volume (ADV) reached $53.8 billion.Cboe SEF ADV1 topped $4.0 billion, representing a 17.2% increase from April 2025’s ADV of $3.4 billion.At $20.3 billion, Cboe FX ECN Firm ADV2 accounted for 53.1% of the Spot ECN total.At $2.8 billion, Cboe FX ECN Metals ADV accounted for 7.3% of the Spot ECN total.Cboe’s U.S. Treasuries platform observed a record day on April 30 of $2.0 billion and continues onboarding new participants. For more information and to sign up to receive the latest updates, subscribe via Cboe U.S. Treasuries.Cboe FX is now adding five MENA…

It is a familiar scenario. A family inherits a valuable piece of real estate, often after decades of appreciation, only to discover that not everyone shares the same vision for what comes next. One sibling may see long term upside and steady income, while another sees concentration risk, illiquidity, and an unwanted operational burden. The tension is not only financial. It is deeply personal.Consider siblings who inherit a multifamily property in New York City. One wants out and has no interest in becoming a landlord or entering a business partnership with family. The others believe the property is a strong…

From gas to health care, prices are rising, and while some costs may come back down, retirees need to prepare for fluctuating expenses in retirement. After all, it wasn’t too long ago that inflation was around 8%.Sure, your Social Security benefits will keep up with the pace of inflation, but your retirement savings, pension and other income won’t, which can significantly affect your retirement lifestyle.”Inflation is something that is constantly changing,” said Chandler Riggs, CFP, VP and financial consultant at Fidelity Investments. As a result, “it should be a concern to retirees.” From just $107.88 $24.99 for Kiplinger Personal Finance…

We may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. We may not cover every available offer. Our relationship with advertisers may impact how an offer is presented on our site but our editorial selection of products is made independently. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. We calculate a typical annual reward for each card, assuming $36,000 spent annually and less any annual fee. Interest rates, fees, rewards and other…

(Image credit: Getty Images)Fidelity Investments has built one of the most extensive mutual fund platforms in the industry. As of April 30, its online screener lists more than 300 mutual funds. For many investors, especially those with a workplace 401(k), Fidelity mutual funds are already familiar.Many of these have no minimum investment requirements and no transaction fees when traded on Fidelity’s brokerage platform. The lineup covers virtually every asset class, including stocks, bonds, commodities and money markets, with a large share of actively managed strategiesThat said, the firm has also made significant progress in exchange-traded funds (ETFs), which Fidelity’s screener…

For years, conversations about the trillions in household spending that flow through everyday purchases have included what is often called the “pink tax.” That’s been shorthand for the idea that similar products can cost more when marketed to women: think personal care items (like a pink vs. blue razor).But historically, those differences have not always been easy for consumers to see or compare in real time. They were typically identified through comparisons or broader studies after the fact.Now, as Mother’s Day spending is projected to reach $38 billion this year, a different pricing system is changing how those disparities can…

Front-month futures dropped to below $100 per barrel again in morning trade in Europe on Thursday, reversing earlier gains, as the market hopes the U.S. and Iran could be able to reach an agreement that would eventually reopen the Strait of Hormuz. Following a steep selloff on Wednesday, which crashed the prices by 7%, Asian trade on Thursday began with nearly 1% gains for both benchmarks, amid investor concern that the U.S.-Iran deal is not as imminent as signals on Wednesday suggested. The continued blockage at the Strait of Hormuz and the fast-depleting global inventories, including in the U.S., have…