Author: Money Mechanics

Key Takeaways Buffett’s guiding rule is never risk what you truly need for something you don’t need.High interest consumer debt, especially credit card debt, is a near-certain savings killer and should be paid off before investing. Warren Buffett thinks your biggest financial drag isn’t saving too little. Rather, it’s credit card debt quietly compounding at 18% or more. “The idea of trying to borrow money at 18% [or more] and thinking you’re going to get ahead in life—it isn’t going to work,” he said when asked about high-interest debt in 2001. According to Buffett, paying off high-interest debt will beat…

Stock futures were little changed Thursday after major equities indexes staged a two-day rally, while shares of Nvidia pointed slightly higher after the AI chip giant’s highly anticipated quarterly results came in better than analysts expected.  Dow Jones Industrial Average, S&P 500, and Nasdaq 100 futures all hovered near the flat line in recent trading. Yesterday, the tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow finished up 1.3%, 0.8%, and 0.6%, respectively, for their second straight session of gains after tumbling Monday on tariff and AI-disruption concerns. After the bell Wednesday, Nvidia’s earnings report blew past Wall Street estimates as…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The London Stock Exchange Group plans to launch a £3bn share buyback as it comes under pressure from activist investor Elliott Management to improve its performance. LSEG’s announcement on Thursday that it will launch an accelerated buyback programme over the next year comes as it grapples with a falling share price amid investor worries about the impact of AI on its business.David Schwimmer, chief executive, defended the company’s resilience against the threat of AI, saying that it was “unlikely verging on impossible”…

Gold has historically responded not only to inflation expectations, but more structurally to shifts in liquidity regimes. A long-term comparison between prices and U.S. M2 money supply highlights a recurring pattern: major monetary expansions have often coincided with sustained upward movements in gold. The post–Bretton Woods era of the 1970s, the post-2008 quantitative easing cycle, and the 2020 pandemic liquidity surge all reinforced this relationship. While correlation does not imply causation, gold’s sensitivity to broad monetary expansion remains evident over multi-decade periods. Liquidity as a Structural Driver Gold’s medium- and long-term performance is closely linked to: Real yield dynamics Monetary aggregate…

President Donald Trump walks past Supreme Court Chief Justice John Roberts, Associate Justice Elena Kagan, Associate Justice Brent Kavanaugh and Associate Justice Mary Coney Barrett as he arrives for the State of the Union address during a Joint Session of Congress at the U.S. Capitol on Feb. 24, 2026, in Washington, D.C.Win Mcnamee | Getty Images News | Getty ImagesPresident Donald Trump defended his tariff agenda during his State of the Union address Tuesday, even as a Supreme Court ruling striking down his emergency tariffs cast fresh confusion over the raft of trade deals negotiated with global partners.The court ruled…

Salesforce pulled out all the stops to convince investors that the AI revolution won’t be its death when it announced fourth-quarter earnings on Wednesday. Salesforce reported a solid quarter of $10.7 billion in revenue, up 13% year-over-year. For the year, it reported $41.5 billion in revenue, up 10% over the previous year, with both results boosted by its $8 billion acquisition of data management company Informatica last May. Net income landed at $7.46 billion, and the company offered strong guidance for the year ahead, projecting revenue of $45.8 billion to $46.2 billion — a 10% to 11% increase. It also…

(Investing) – MOSCOW/LONDON – OPEC+ is likely to consider raising its oil output by 137,000 barrels per day for April, three sources with knowledge of OPEC+ thinking said as the group prepares for peak summer demand and a price boost from tensions between the U.S. and OPEC member Iran. The resumption of output increases after a three-month pause would allow OPEC leader Saudi Arabia and members such as the UAE to regain market share at a time when other OPEC+ members, such as Russia and Iran, contend with Western sanctions while Kazakhstan recovers from a series of oil production setbacks. Eight…

I concluded my January 16 Barchart quarterly report on the grain and oilseed markets with the following: Global population growth increases the demand side of grain and oilseed fundamental equations, and each year, supplies must keep pace with the growing demand. The current price levels could limit downside risks, while the upside could be explosive if weather conditions create shortages. Nearby CBOT corn futures moved 3.98% lower in 2025, settling at $4.4025 per bushel on December 31, 2025. Over the past few weeks, corn prices have traded in a narrow range, remaining near the 2025 closing price. Daily nearby continuous…

In this season of Love Is Blind, the real plot twist is affordable housing.  Love may be blind, but one thing is clear: Ohio is one of the most affordable states in the nation for homebuyers.  One thing sticks out watching the hometown portion of Love Is Blind, Ohio, the season that’s currently airing on Netflix: The cast members live in bigger, nicer houses than what we’re used to seeing for single twenty-something and thirty-somethings in expensive coastal cities. It’s especially notable that going into the show, they were all single–and it’s more difficult to afford rent or mortgage payment…

I do love some transparency. Jack Wallen/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysKDE Plasma can be highly customized.If you want KDE Plasma to look like Windows 11, you can.It only takes the addition of a theme and a widget to make this work.KDE Plasma is a remarkably customizable desktop environment. On top of being highly flexible, it’s also fast and stable, so it would make perfect sense why you might want to migrate from Windows to a KDE Plasma-powered desktop distribution.But if you want to carry over the look and feel of Windows 11, how do you…