Author: Money Mechanics

Kerry Wan/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysApple officially launched its new Apple Upgrade leasing program.Customers can lease iPhones, Watches, iPads, and Macs.Apple Upgrade is best for those who like to upgrade their iPhone annually.Apple Upgrade, the company’s new device leasing program, allows customers to lease devices through the buy-now, pay-later giant Klarna for 12-, 24-, or 36-month periods before upgrading.Apple Upgrade replaces the iPhone Upgrade Program, a 24-month financing plan, and lets customers forgo bundled AppleCare and complete only a soft credit check to determine lease eligibility. Instead of paying off a device you own, the new…

(By Oil & Gas 360) – The global energy landscape continues to evolve at an unprecedented pace, with Asia emerging as the epicenter of the industry’s transformation. Shifting geopolitical dynamics, evolving trade corridors, changing production policies, and rising energy demand are creating a market that is more interconnected and more volatile than at any point in recent history. For investors, understanding these structural shifts may prove just as important as forecasting the next move in oil or natural gas prices. Asia’s growing influence is rooted in economics as much as demographics. China, India, and Southeast Asia continue to account for…

Article published at 10:45 a.m. CTJJ Kinahan is Senior Vice President, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:Crude oil prices drop amid hopes of peace dealHeavy week of mega-cap earnings on tapFederal Reserve expected to keep interest rates steadyWe’re walking into a weighty week of potential market-moving events on nearly every corner. Investors will be focused on a number of mega-cap earnings reports and a Federal Reserve meeting that could surprise and/or disappoint.The U.S. and Iran held off on back-and-forth strikes in the Middle East this weekend after two weeks of hostilities.…

The U.S. homeownership rate remains at a plateau, holding at 65.0% in the second quarter of this year, according to the latest data from the the Housing Vacancy Survey.The homeownership rate was unchanged from a year ago, and not statistically different than the rate in the first quarter of 2026 (65.3%), the U.S. Census Bureau report shows.The stagnant trend reflects the difficult fundamentals in the housing market. Younger people are still struggling to attain homeownership given a limited supply of reasonably priced homes.”The rate continues to plateau in a narrow low- to mid-65% band, with affordability pressures and limited supply…

Data security company Cyera, which recently raised $600 million at a $12 billion valuation, announced Tuesday that it signed a letter of intent to acquire Oasis Security for approximately $1 billion in a deal expected to be paid mostly in cash, with the remainder in Cyera shares. Oasis focuses on non-human identities, primarily AI agents. As the number of AI agents proliferates, companies must deploy cybersecurity software that monitors these agents’ behavior and grants them permission to access other software. Founded in 2022, Oasis has raised about $195 million from Accel, Craft Ventures, Cyberstarts and other investors. The deal highlights…

NFL icon Myles Garrett appears to have a hidden talent for real estate—at least judging by the incredible success of his recently-listed Ohio home, which has come under offer less than a week after it was put on the market for $2.1 million. As exclusively revealed by Realtor.com®, Garrett, 30, made the decision to part ways with his longtime Wadsworth, OH, abode soon after he was traded by the Cleveland Browns to the Los Angeles Rams, and just days after he snapped up a new $23 million manse in the Hidden Hills. Now, the listing for the five-bedroom, 5.5-bathroom dwelling,…

Stocks were choppy early on Tuesday, but falling oil prices and a round of well-received corporate earnings helped the Dow Jones Industrial Average and S&P 500 climb higher into the close. The Nasdaq Composite, however, couldn’t sidestep an extended slump in chip stocks.At the close, the tech-heavy Nasdaq Composite was 0.2% lower at 24,876, pressured by weakness in semiconductor stocks. The iShares Semiconductor ETF (SOXX), which counts Advanced Micro Devices (AMD, -8.2%) and Micron Technology (MU, -8.9%) among its biggest holdings, fell 4.8% and is now down 23% for the month to date.The continued sell-off is being “driven by concerns…

Kevin Warsh is leading only his second meeting as Federal Reserve Chair, and this one is proving far less predictable than his first. The Federal Open Market Committee’s two-day July meeting began Tuesday and will conclude Wednesday, July 29, with an interest rate decision followed by a press conference.  Unlike Warsh’s first meeting in June, when the Fed’s decision to hold rates steady was widely expected, this time markets are genuinely split on what happens next. Related: Bitcoin traders brace for Fed’s rate call and inflation this week Why this decision is so uncertain Two conflicting forces are pulling the…

(BOE Report) – Oil prices fell on Monday, settling at their lowest levels in over a week, after the U.S. abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would allow shipping to resume in the Strait of Hormuz. Brent crude futures fell $8.42, or 8.7%, to settle at $88.36 a barrel, the lowest since July 17. U.S. West Texas Intermediate crude futures fell $6.70, or 7.5%, to close at $82.61, the lowest since July 16. Brent futures last week surpassed $100 a barrel as the conflict, which has reduced…

Article published at 9:15 a.m. CTJJ Kinahan is Senior Vice President, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:Crude oil prices drop on hopes of peace pactTech stocks pressure Nasdaq early onEarnings out from Sherwin-Williams, Coca-Cola and Johnson & Johnson The markets are mixed again in early trading with the Nasdaq Composite under pressure after yesterday’s chip maker fallout that also pushed down tech shares in South Korea and Europe. In fact, it was the third worst day in Soth Korea’s KOSPI index history.Crude oil prices are also dropping as hopes of diplomacy…