Author: Money Mechanics

(Image credit: Getty Images)Graduation season is here! While most students fresh out of high school or college welcome a cash gift, you can go a step further by offering it in a way that helps them form good habits and sets them up for a bright financial future. Consider these options.Give them a savings boost.One of the best gifts you can give a young graduate is a jump-start on their savings. You could, for example, seed their emergency fund, giving them money to put in their savings account.Or you could supplement their retirement savings. If the grad is earning income,…

(Image credit: Getty Images)Retirement is what dreams are made of. You finally get to kick back, relax, and pursue all those things you never had time for. But sometimes it isn’t what you imagined.Perhaps you need extra cash, have too much time on your hands, or miss the social connections that come with going to work every day. Maybe it’s a little of all of the above. That may have gotten you thinking, should I go back to work in some capacity?If so, you aren’t alone. A recent AARP survey found that 7% of adults over 50 re-entered the workforce,…

Indian ride-hailing company Rapido said on Friday it had raised $240 million in fresh funding at a $3 billion valuation to compete better in the country’s growing but challenging mobility market. Led by Prosus, the equity round saw participation from existing investors, including WestBridge Capital and Accel. The round was part of a larger $730 million primary and secondary financing. Rapido was previously valued at $2.3 billion during a secondary transaction last year. Rapido said the fresh capital would be used to increase its footprint in high-growth markets, strengthen its driver network, and invest in technology and platform efficiency. “We…

(Image credit: Getty Images)For wealthy couples, a later-in-life divorce — colloquially referred to as a “gray divorce” — is rarely defined by the obvious fight over who keeps what.The real financial damage is usually buried in the technical details that receive too little attention and are discovered too late: The Social Security rule that turns on timing, the pension decisions or language that seem harmless until benefits begin, the retirement transfer that was “agreed to” but never properly implemented.In gray divorces, small procedural mistakes do not stay small. They compound quietly into real losses. When navigating a gray divorce, there…

(Image credit: Getty Images)For the past three years, shopping for insurance has felt about as productive as checking for flights during a blizzard. Carriers weren’t writing. Premiums were climbing. And if you did manage to find a quote, it usually came in higher than what you were already paying.So most people stopped looking.Can’t blame you. When every door is slammed shut, you stop knocking. But here’s the thing: The doors are starting to open again. 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…

Issuer AUM ($, mm) Net Flows ($, mm) % of AUM YTD 2026 Net Flows($,M) BlackRock, Inc. 4,467,263.26 2,838.14 0.06% 187,647.11 Vanguard 4,370,500.06 1,858.62 0.04% 196,036.68 State Street 1,710,948.66 2,436.11 0.14% 20,044.48 Invesco 932,947.74 4,796.88 0.51% 24,819.36 Charles Schwab 564,719.83 220.06 0.04% 21,732.26 JPMorgan Chase 313,696.63 313.46 0.10% 28,289.12 Dimensional 287,497.36 180.04 0.06% 18,397.77 First Trust 264,066.65 251.12 0.10% 14,933.76 World Gold Council 189,772.21 341.40 0.18% -482.49 Fidelity 169,873.62 268.20 0.16% 12,558.19 VanEck 164,546.21 -670.01 -0.41% 7,434.43 AXS Investments 149,897.71 -180.70 -0.12% 35,341.65 The Capital Group Companies 139,555.36 435.62 0.31% 24,968.87 American Century Investments 134,410.09 167.28 0.12% 17,709.50 ProShare Advisors…

Ethereum, Solana, and SEI face critical resistance levels amid cautious altcoin market recovery. Bitcoin dominance and macroeconomic uncertainty continue limiting broader altcoin rally momentum. Solana and SEI show strong technical breakouts supported by growing ecosystem developments. As the crypto market moves through the first half of May, investors are still taking a careful approach to risk. While continues to hold its main upward trend, the flow of money into altcoins has not yet turned into a full altcoin rally. A major reason is the continued pressure from macroeconomic factors that are limiting investor appetite for risk. Uncertainty around the ,…

According to broker Aon, underwriting discipline remains intact despite the softening global re/insurance property market, as firms continue to prioritise risk selection and technical pricing, driven by heightened concerns regarding climate-driven natural catastrophes, secondary perils, and evolving geopolitical risks.At the same time, the broker also outlined that despite the softer market conditions, insureds continue to demonstrate a strong interest in alternative risk transfer solutions. In its recently published Q1 2026 Global Insurance Market Overview, Aon detailed how an influx of capacity and heightened competition are driving price reductions across most geographies, with several markets, including large-account U.S. property, experiencing double-digit…

(By Oil & Gas 360) Part II – If Part I is about what Canada has built, Part II is about what it hasn’t fully unlocked. Because the next phase of Canada’s energy story is not just in the Western Canadian Sedimentary Basin. It’s onshore, it’s offshore, it’s frontier, and increasingly, it’s global. For decades, Canada’s oil and gas system was built around a single reality: the United States was the market. Nearly all crude exports flowed south, creating a highly efficient but highly concentrated trade relationship. That model worked when infrastructure, pricing, and geopolitics were aligned; today, that model is…

Country star Carrie Underwood lives a double life: During her working week, she’s a chart-topping A-lister and a red carpet regular; but behind the scenes, she spends her days knee-deep in chicken poop on her family’s 400-acre Tennessee farm.Underwood, 43, has been in the spotlight since 2004, when she auditioned for the fourth season of “American Idol,” eventually going on to win the competition, a victory that propelled her to stardom—and the top of the Billboard charts. The Oklahoma native has maintained a thriving music career ever since, even becoming the first “American Idol” winner to serve as a judge…