Author: Money Mechanics

YANTAI, CHINA – JULY 14, 2026 – Containers parked at Yantai Port International Container Terminal in Yantai City, Shandong Province, China on July 14, 2026. Cfoto | Future Publishing | Getty ImagesChina’s economy in the second quarter expanded at its weakest pace since the fourth quarter of 2022, reinforcing calls for policy stimulus as an accelerating slide in investments deepened the strain on growth, while consumption stayed subdued. Gross domestic product growth came in at 4.3% in the April to June period, data from the National Statistics Bureau showed Wednesday, missing economists’ forecast for 4.5% growth in a Reuters poll,…

Prakhar Khanna/ZDNETFollow ZDNET: Add us as a preferred source on Google.At Samsung Unpacked 2026, Samsung introduced its newest Galaxy foldable phones: the Galaxy Z Fold 8 and Galaxy Z Flip 8. They’re both foldable smartphones, but they’re more different than you’d think. The Z Flip 8 is a flip phone (like from 20 years ago, but with a cover screen), whereas the Z Fold 8 is a book-style foldable phone with a rather unique passport-sized form factor. Also: Samsung Galaxy vs. Google Pixel: I’ve used both brands extensively, and this one’s betterWhen fully spread out, the Z Fold 8 looks like a 7.6-inch tablet…

(World Oil) – Matador Resources has agreed to acquire Permian basin operator Paloma Permian LLC for $1.275 billion in cash while also expanding its position in the emerging Woodford play, where the company reported encouraging results from its first exploratory well in southeast New Mexico. The acquisition from EnCap Investments portfolio company Paloma includes 16,235 net undeveloped acres in Eddy and Lea counties, N.M., along with producing properties expected to average approximately 11,100 boed (57% oil) during the third quarter of 2026. The transaction also adds an estimated 55 MMboe of proved reserves and more than 156 net drilling locations across the Bone Spring and Wolfcamp formations. The…

Wellness has long been a focus for wealthy homebuyers—but that trend has now been taken to an awe-inspiring new level with the debut of a $75 million Miami penthouse that is not only designed to improve its residents’ lives, but to actually extend them. Described as the world’s first “Human Optimization Residence,” the unit is located inside the exclusive Rivage Bal Harbour development and is the final penthouse available at the property. The home, which is known as The Ocean Penthouse, is “intentionally designed to enhance longevity, recovery and everyday performance,” according to a description provided to Realtor.com®. The reimagined…

When MercadoLibre (NASDAQ: MELI) reported another quarter of strong revenue growth, investors quickly shifted their attention elsewhere: Operating margin narrowed. Logistics costs increased. Shipping subsidies remained elevated. These became investors’ focus instead of the headline growth of 49%. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue » The market’s concern was straightforward: MercadoLibre’s growth is becoming more expensive. That’s a fair concern, since profitability ultimately determines…

Only one unit remains in a brand new luxury tower overlooking New York City’s beloved Bryant Park.The 88-floor, 100-unit 520 Fifth Avenue is down to its final available condo, 44A, after a string of sales, says its listing agent Christopher Sadoux with the sales team at Corcoran Sunshine.Last year, the team took home the prize for the highest number of units sold across the realty firm’s new development portfolio, due to the Midtown East skyscraper.Developed by longtime NYC real estate investment, development, and management firm Rabina, the 1,002-foot mixed-use tower—the highest along Fifth Avenue—was sizzling with sales from its debut, says…

Six twentysomethings in East London have built what they say is the anti-San Francisco hacker house. The goal is a “holistic improvement in life,” rather than “12 weeks, Demo Day is coming,” Rowan Aldean, 26, explained.  Intrigued, I spent an afternoon visiting the house, meeting its residents, and doing a vibe check. I arrived after Aldean escorted me through the clean sidewalks of a new East London development to where the six-story building stood facing the water.  The house is called the London Island Founder House — or “Lift House” — and Aldean and his wife, Zahraa, 22, an upcoming…

When a family member or close friend passes away, the person named as executor often steps into the role thinking of it as an honor. In reality, it can quickly become something much more demanding.Consider a typical situation: An individual dies with a family home, investment and retirement accounts and has named beneficiaries. The executor will need to gather financial records, coordinate with attorneys and accountants, manage or sell property, file tax returns and make decisions that directly affect what each beneficiary ultimately receives.Add in multiple properties in different states, business interests, artwork and digital assets, and settlement of an…

In 1964, The Beatles released A Hard Day’s Night, a soundtrack to a whirlwind year that captured the frenzy of Beatlemania.Buried among the album’s better-known hits is a John Lennon song called “When I Get Home.” The song is energetic, upbeat and driven by a simple desire: After a long and exhausting journey, he just wants to get home.More than 60 years later, many young Americans share that same desire. The difference is that today’s journey home is proving far more difficult than Lennon could have imagined. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed…

Members of Generation X grew up navigating the challenges of such video games as Pac-Man, taking care of themselves after school and riding bikes without a helmet.Today, as they approach retirement, one of their most profound challenges will be ensuring they have enough money to see them through their later years.Born from 1965 to 1980, Gen X is now in its peak retirement-planning years. 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 Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters…