Author: Money Mechanics

Key Takeaways For the average worker, commuting may not just be an inconvenience—it amounts to roughly $8,100 in lost time each year.As some large employers call workers back to the office full-time, the debate continues over the effects of remote or hybrid policies on productivity, collaboration, and creativity. How much time do you spend on your daily commute? 15 minutes? An hour? Time spent commuting can feel like lost time, and an analysis by MyPerfectResume, a resume-builder website, attempts to quantify its value. What This Means For You Time spent commuting can quietly erode earnings, especially in high-cost metro areas.…

Key Takeaways While discussing AI, Goldman Sachs CEO David Solomon said young talent will always be “a huge core part” of the banking company.Young college graduates are having a hard time finding jobs, but economists don’t think AI is the primary reason they’re struggling. AI isn’t endangering the future of young bankers at Goldman Sachs, according to its CEO. AI may alter how the financial services industry functions, but it won’t stop young talent from being “a huge, core part of Goldman Sachs,” David Solomon said Friday on CNBC. He also acknowledged that AI may reduce how many workers are…

Key Takeaways Many cash options are still paying 3%–5%, giving savers a chance to stay ahead of today’s 2.4% inflation rate.Top savings accounts, CDs, brokerage cash accounts, and Treasuries offer solid returns with minimal risk.Choosing the right home for your cash can meaningfully increase what $10,000—or far more—earns over time. See Where Cash Is Paying the Most Right Now—All in One Chart The latest inflation report shows consumer prices rising 2.4% over the past year—compared to 2.7% last month—a welcome sign that price pressures are easing. But at any level, inflation makes it important for your savings to earn more…

(Image credit: Getty Images)A cooler-than-forecast inflation update on the heels of a hotter-than-anticipated January jobs report buoyed the risk-on mood early, heading toward another big but holiday-shortened week for earnings and economic data. The Russell 2000 broke first and fastest on Friday, and the main U.S. equity indexes reflected a return of risk appetite for most of the trading session. But momentum stalled late.Small caps led the way as seven of 11 stock market sectors closed in the green – not including communication services, tech, consumer discretionary and financials.At the closing bell, the Dow Jones Industrial Average was up 0.1%…

Key Takeaways Rivian shares jumped more than 25% Friday after the electric vehicle maker reported better-than-expected quarterly results and issued a rosy outlook for sales growth.Plans to launch its R2 SUV are still on track for the second quarter, and Rivian said it will announce details about the R2 and other products at an event on March 12. A solid fourth quarter and ambitious plans for 2026 sent Rivian stock soaring Friday. Rivian (RIVN) shares jumped more than 25% after the electric vehicle maker narrowly topped revenue estimates at $1.29 billion, while recording a smaller adjusted loss than analysts had…

The Olympics are inspiring for many reasons. Athletes see them as literal goals to reach, while those of us mortals at home are moved by the competitors’ perseverance, fortitude and collegiality. It’s a beautiful thing for us to get together every few years across the globe and put our best foot forward.You might never stand at the 420-foot top of a ski jump, but there are still lessons you can take from the Olympics into your career.5. Put yourself in the right position for your careerOne of the most interesting career lessons in these Olympics has nothing to do with…

Bitcoin drops 50 percent as macro pressure reshapes crypto cycle. Miner selling and ETF outflows deepen capitulation fears. Key resistance at 70K to 78K defines the recovery path. Cryptocurrency markets are going through a tough phase in the first quarter of 2026, and this cycle feels different from the earlier ones.  is now trading around $65,000, after dropping about 50% from its record high of $126,000 in October 2025. This is more than a normal price pullback. The decline reflects a mix of global economic policies, liquidity stress at some companies, and bigger structural changes in the crypto mining industry.Global…

Adam Schwebach of reinsurance broker Gallagher Re is expecting more new cedents to enter the insurance-linked securities (ILS) market in 2026, describing it as a product that can no longer be ignored for catastrophe risk.Artemis recently spoke with Schwebach, Head of North America Property at Gallagher Re, about reinsurance supply demand dynamics in Florida, and the impact of ILS investors in the state after the much needed reforms. “From an overall perspective, we think that there’s still ample supply of reinsurance within the state,” said Schwebach. “There are opportunities and probably a little bit more demand for reinsurance below the…

Let’s start by setting the context for today’s CPI number. A couple of months ago, we missed a CPI because of the shutdown. The BLS simply didn’t have any data to calculate the October 2025 CPI. That wasn’t the real problem. The real problem was that the BLS’s handbook of methods more or less forced it, in calculating the November CPI index, to assume unchanged prices for October for some large categories – in particular, rents. This caused a large, illusory decline in y/y inflation figures. Importantly, this was also temporary – there has been some catch-up but the big…

The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease.The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month, the Bureau of Labor Statistics reported Friday. That pulled the inflation rate down to where it was the month after President Donald Trump in April 2025 announced aggressive tariffs on U.S. imports. Excluding food and energy, the core CPI was up 2.5%, the lowest level since April 2021. Economists…