Author: Money Mechanics

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. March 11, 2026 Federal Reserve Board announces approval of application by Associated Banc-Corp For release at 6:00 p.m. EDT The Federal Reserve Board on Wednesday announced its approval of the application by Associated Banc-Corp, of Green Bay, Wisconsin, to acquire American National Corporation, and thereby indirectly acquire American National Bank, both of Omaha, Nebraska. For media inquiries, please email [email protected] or call 202-452-2955. Last Update: March 11, 2026 Source link

The February 2026 Consumer Price Index of All Urban Consumers (CPI-U) report indicates that inflation increased by 0.3% this month, up from the 0.2% rise in January. These data were released at 8:30 am EST on March 11, 2026, by the Bureau of Labor Statistics (BLS). Before seasonal adjustment, the year-over-year (Y-o-Y) inflation rate in the all-items index grew by 2.4%, matching the annualized figure from January. It was a relatively uneventful CPI release as the figures aligned with economists’ consensus estimates. The table below is courtesy of Investing.com. The left column represents February’s figures, while the right column represents forecasters’…

“For the third year in a row, we’re the number one retail mortgage lender because we stay focused on one thing — giving buyers more ways to get to the closing table,” Ron Leonhardt, founder and CEO of CrossCountry Mortgage, said in a statement. “The Builder Division is a strategic investment in that commitment. By working more closely with builders, this team will help create stronger partnerships and open the door to more homeownership opportunities for borrowers.” The new division will offer a package of residential and commercial financing solutions for builders and their customers, according to a press release.…

Key Takeaways Capital expenditures (CapEx) are long-term investments in fixed assets like buildings and machinery.Revenue expenditures (OpEx) cover daily operating costs, such as wages and utilities.CapEx is recorded as an asset and affects long-term financial health.OpEx is expensed immediately and influences current profits and tax liabilities. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Understanding Capital Expenditures and Revenue Expenditures Capital expenditures (CapEx) are long-term investments that a company makes in fixed assets, such as buildings, machinery, or equipment, to fuel its growth. Revenue expenditures (OpEx), on the other hand, cover the daily operating costs needed to…

(By Oil & Gas 360) – The global shift toward lower-carbon energy is facing growing pressure from a mix of investor activism, policy changes, and geopolitical turmoil, underscoring how complex the energy transition has become. At BP, a group of activist investors has pushed back after the company declined to support a shareholder proposal calling for stronger emissions commitments. The dispute reflects a broader divide in the investment community, where some stakeholders are demanding faster progress toward climate targets while others are urging companies to maintain financial discipline and focus on returns in a volatile commodity environment. Policy shifts are also…

Key Takeaways A recognized gain is the portion of a realized gain that is taxable in the current year.A realized gain occurs when you sell or dispose of an asset for more than its adjusted basis.In most simple asset sales, the recognized gain is equal to the realized gain.Recognized gains are determined by the basis, which is the price at which you purchased the asset. Your gain is the money you made from the sale minus the adjusted basis price. Get personalized, AI-powered answers built on 27+ years of trusted expertise. What Is a Recognized Gain? When an investment or…

Key Takeaways A  mutual savings bank is a thrift institution created to serve low-income individuals by investing in long-term, fixed-rate assets.MSBs are owned by depositors, who have voting rights similar to shareholders in public companies.These banks provide a safe place for savings and offer loans, prioritizing community members’ financial services. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Defining Mutual Savings Banks (MSB) A mutual savings bank (MSB) is a financial institution owned by its depositors rather than outside shareholders. These banks accept savings deposits and use that money to make loans, especially home mortgages. Mutual savings…

Key Takeaways High-yield savings accounts offer interest rates up to 15 times higher than standard savings accounts.Increased competition among banks has led to a surge in high-yield savings account options.These accounts are ideal for saving money while earning higher returns.Interest rates can vary, so compare offers from different banks.High-yield savings accounts are a secure option for growing your savings. What Is a High-Yield Savings Account? A high-yield savings account is a type of savings account that can pay up to 15 times the national average of a standard savings account. The competition on savings rates has skyrocketed, creating a new…

Key Takeaways IKEA is a privately held company that sells furniture and home goods through physical stores and online platforms around the world.The company operates through a complex corporate structure that has historically helped its parent entities manage and reduce tax liabilities.IKEA’s profitability can be affected by shifts in operating costs, supply chains, and global economic conditions.The company continues to expand its presence globally, including the U.S., through new stores and distribution locations. IKEA is a Swedish multinational company that was founded in 1943 by 17-year-old Ingvar Kamprad. It is one of the world’s largest private companies and is one of…

Key Takeaways Deciding to leave an inheritance affects retirement plans and financial strategies.Trusts can manage inheritances and avoid probate issues.Federal estate taxes apply only to large estates, but some states tax inheritances.Communication with children about inheritance plans can prevent future conflicts. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Deciding whether or not to leave an inheritance for your children can impact the amount of money that you save, the retirement plans that you choose, and how you take qualified retirement plan distributions. However, beyond a desire that you may have to leave some wealth to your…