Author: Money Mechanics

Find out which banks are offering the best MMA rates right now. As interest rates begin to fall following the Fed’s recent rate cuts, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your balance, but may also include a debit card and/or check-writing capabilities. Wondering where the top money market account rates can be found today? Here’s what you need to know. From a historical perspective, money market…

is down today while other markets fluctuate. This tells us two things: 1. Silver’s delivery notice day will probably (no guarantees) not be a major issue. 2. The previously discussed outlook, based on the situation in the , the situation in the stock market, and the link to the post-2011 top price patterns, remains intact. Silver Stalls as Comex Delivery Fears FadeSilver price was down over 6% earlier today, and it moved slightly higher since that time. But that’s not really important. The important thing is that it’s not soaring right now – and it should be soaring if tomorrow’s delivery notice was to break COMEX.…

Today, Redfin announced a partnership with Compass International Holdings that will expand the number of homes buyers can discover on Redfin.com. Through this partnership, home sellers, and the Redfin and Compass International Holding’s network of real estate professionals that represent them, will have the choice to display their homes on Redfin.com with no days on market, no price history, and no home valuation estimates. Redfin and Compass share a belief that giving sellers more flexibility in how they introduce their homes to the market can increase confidence to list, helping bring more listings online for buyers. That means more inventory…

In a flurry of deal offers in the high tens of billions of dollars, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. On Thursday, Warner Bros. Discovery announced that Paramount Skydance’s newest offer of $31 a share was a “superior proposal,” giving Netflix four business days to counter. Netflix then said it would not raise its $82.7 billion all-cash bid for the legacy studio, and would walk away from the deal. “The transaction we negotiated would have created shareholder value with a clear path to regulatory approval,” said Netflix co-CEOs Ted…

Key Takeaways A new plan floated by President Trump would provide workers who don’t have employer-sponsored plans with retirement accounts.These accounts will mimic the existing Thrift Savings Plan currently used by federal workers, according to the White House.The initiative builds on a provision in the Secure 2.0 law that would provide low-income workers with a $1,000 matching contribution to their retirement accounts beginning in 2027. President Trump just unveiled a policy that would provide retirement accounts next year to workers who don’t have access to 401(k)s. “Your 401(k)s are way up. Yet half of all working Americans still do not…

(Image credit: Getty Images)The biggest company in the world by market capitalization beat expectations and raised guidance, but Nvidia (NVDA, -5.5%) was a major drag on the main equity indexes the day after its earnings report. Mega-cap tech names, including the leader of the AI revolution and most of the Magnificent 7, as well as every other notable chipmaker, led the way lower even as the total number of stocks that rose exceeded those that fell on Thursday.Nvidia lost about $260 billion in market cap even after Chief Financial Officer Colette Kress confirmed the semiconductor superstar’s revenue opportunity related to…

Key Takeaways Shares of Nvidia plunged Thursday, despite a strong earnings report.The stock has had a tough start to the year amid uncertainty about the trajectory of the AI boom.CEO Jensen Huang told CNBC that he believes investors may be missing how large the computing industry could become, and how much Nvidia is set to grow with it. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Investors are underestimating Nvidia, according to its CEO. Shares of the chipmaker fell more than 5% Thursday, even though the AI chipmaker delivered a blockbuster earnings report and strong outlook the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A large credit fund managed by KKR tumbled on Thursday after reporting a jump in troubled loans and lower investment income, highlighting the mounting strains in private markets.FS KKR Capital Corporation, a publicly traded vehicle holding private loans, dropped 15 per cent after saying that it would slash its dividend and the valuation of the assets within its portfolio. The markdowns of the FSK fund come amid fears of rising defaults across private equity portfolios and particularly software companies vulnerable to new…

Losses from winter storms Hernando and Fern, both of which have occurred in the opening months of 2026, are expected to impact primary insurers more than reinsurance capital providers, according to ratings agency AM Best.In a new report, AM Best stated that while these losses will contribute to a meaningful decline in first-quarter underwriting profits, the impact is expected to be less severe than that of the 2025 California wildfires. “Winter Storm Hernando dropped record snowfall and blizzard conditions in the northeastern United States. The storm resulted in widespread power outages, particularly in Massachusetts, New Jersey, Delaware, and Rhode Island.…

Rocket Mortgage reportedly maintained a 97% net client retention rate, reflecting strong loyalty and lifetime value among borrowers. “2025 was where Rocket demonstrated who we are. We acquired Redfin. We acquired Mr. Cooper. We executed and delivered against our goals in every quarter,” CEO Varun Krishna said during the company’s earnings call. “We grew market share to 5.5% in Q4, up from 3.8% the year prior. This is no coincidence. It is the result of strategy and disciplined execution.” Krishna said the results capped a “transformational year” for the company, citing stronger market share and growth across Rocket’s teams. He…