Author: Money Mechanics

The death of software has been greatly exaggerated. “If AI is going to kill a business, the signs would already be there,” D.A. Davidson analyst Gil Luria said in a research note, observing the industry is now in its third year of the AI shift. The biggest impact on the software industry thus far has been “narrative and scared customers unwilling to commit,” he added. The latter may be a factor that’s starting to change, as companies come to realize “neither they nor their software vendors have been run over” by AI. As this “scared” money returns to the market,…

futures continue to demonstrate classic VC PMI mean-reversion behavior within a well-defined price and time structure. After peaking near 4512, price rotated lower into the BUY-1 Daily zone at 4421, briefly probing toward BUY-2 Daily at 4381, before stabilizing and reverting back toward the VC PMI Daily Mean at 4455. This reaction confirms the probabilistic framework of the VC PMI model, where price extremes statistically favor reversion back toward the mean before any sustained trend continuation. From a time-cycle perspective, the recent high aligns with a completed short-term cycle crest, followed by a corrective phase into mid-week. This downswing respected…

Selling a business in New York can be a huge win, but it’s not a “list it and pray” state. Buyers (especially in NYC and the surrounding metro) tend to be thorough, legal-heavy, and deadline-driven. Upstate deals can move faster, but financing, seasonality, and the buyer pool look very different depending on the industry and county. Want a realistic sale price range for your New York business? EarnedExits helps owners estimate valuation and prep for a cleaner, buyer-friendly exit. It’s especially useful in NY where diligence is intense and small issues can turn into big retrades. Get a Valuation Snapshot…

Despite lower monthly mortgage payments, a holiday hangover is muting homebuying demand.  The median U.S. monthly housing payment fell to $2,365 during the four weeks ending January 4, down 4.7% from a year earlier and the lowest level since the start of 2024.  Monthly payments fell largely because the weekly average mortgage rate dropped to 6.15% last week, the lowest level in over a year and down from roughly 7% at the beginning of 2025. Rates are declining because the labor market and overall economy are showing signs of weakness; we will know more about how 2026 is shaping up…

Prakhar Khanna/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysXGIMI’s Memo One AI glasses are lightweight and comfortable for all-day wear.The Memomind lineup includes three models, including one under 30 grams.Bright screens and AI features make the Memo One stand out.XGIMI, best known for making projectors, announced its first-ever AI glasses series, the Memomind. It consists of three models: the Memo One, Memo Air, and Memo Air Display. Also: CES 2026 live: Biggest news on TVs, laptops, weird gadgets that stole our attentionI went hands-on with the Memo One AI Glasses at CES 2026 and returned delighted. They’re lightweight,…

(Oil Price) – Oil prices rose early on Friday as protests in Iran continued to escalate, unnerving market participants that one of the biggest oil producers in the Middle East could see supply threatened. Both the WTI and Brent benchmarks traded about 0.7% higher as of 8:05 a.m. ET, as the market assessed potential risks to supply from the ongoing unrest in Iran. The U.S. benchmark crude futures, WTI, were up by 0.74% to trade at $58.16 per barrel, while the international benchmark, Brent, was up above the $62 per barrel mark, at $62.42, up by 0.71%. Oil prices had jumped by more…

(Image credit: Getty Images)The tax landscape shifted dramatically when Congress passed, and the president signed, what they referred to as the One Big Beautiful Bill (OBBB).The bill was packed with plenty of changes, perhaps the most important being that it kept tax rates from going up at the end of this year. If the bill hadn’t passed, we would have reverted to the tax rates that existed before the Tax Cuts and Jobs Act of 2017, and taxes would have increased as of January 1.Of course, although the OBBB describes these tax rates as now permanent, we know that in…

Key Takeaways Lake Havasu City offers a lower cost of living than many parts of Arizona and the U.S., allowing retirees to enjoy a comfortable lifestyle on a fixed income.The city’s lakefront location and desert landscape provide endless opportunities for outdoor recreation, making it ideal for active retirees.With historic landmarks, a thriving art scene, and cultural activities, retirees will find plenty to explore.Lake Havasu’s strong sense of community and frequent social events ensure retirees remain connected.With accessible healthcare, convenient public transportation, and a major airport nearby, the city is a practical retirement option. Dreaming of a retirement filled with sunny…

Global reinsurance company TransRe has announced the promotion of Mike Torre and expansion of his responsibilities to the position of Global Property Portfolio and Third-Party Capital Leader, reporting to Lisa Moser, President of Global Portfolio Management.In this capacity, he will oversee the firm’s global property portfolio, while continuing to fulfill his existing duties in developing and executing the organisation’s third-party capital initiatives at TransRe Capital Partners, the firm’s dedicated unit that specialises in sharing risks with third-party institutional investors. Torre joined TransRe in 2018 from re/insurance broker Aon and took on lead responsibility for the third-party reinsurance capital business in…

Here is a guide to a workaround. By David Enna, Tipswatch.com It’s a new year and I am sure a lot of investors in Series I and EE Savings Bonds are using TreasuryDirect’s Savings Bond Calculator to determine year-end values for their investments. This year, though, there is a problem. Using the calculator involves clicking on an .html file stored on your computer, which opens a summary of your investment values. To update those values, the user clicks on the “Return to Savings Bond Calculator” link to export the values into the calculator. No login to TreasuryDirect is necessary. Here…