Author: Money Mechanics

Wholesale prices unexpectedly fell in June as sliding energy costs helped brighten the inflation picture, the Bureau of Labor Statistics reported Wednesday.The produce price index posted a seasonally adjusted 0.3% decline for the month, compared with the Dow Jones consensus estimate for the final demand cost measure to be unchanged. On an annual basis, the index indicated a 5.5% inflation rate. The May reading was revised sharply lower, from an initially reported increase of 1.1% to 0.6%.Excluding food and energy, the core PPI rose 0.2%, against the outlook for a 0.3% increase. The core PPI less trade services rose 0.1%…

Jack Wallen/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET key takeawaysVirtual LANs enable you to isolate devices on your network.This step is crucial because some devices are less secure.Not all ISPs allow for the creation of VLANs.Picture this scenario: You have one local area network (LAN) at home. On that network, you have your desktops, laptops, tablets, phones, and IoT devices, such as thermostats, smart TVs, speakers, and more.Your IoT devices can see other devices and vice versa. Even though the IoT devices have considerably less security than your desktops and laptops, they are allowed to connect to the same…

A Florida county that has spent decades making national headlines as the site of some of the country’s most heinous and violent crimes is going through a surprising resurgence among homebuyers seeking an affordable beach retreat on the Gulf Coast. Escambia County—which encompasses Pensacola—has quietly become one of the best-value beach markets in the Sunshine State, offering a bargain slice of the coastal lifestyle at a time when prices among the rest of Florida’s oceanfront communities remain very much out of reach for the average buyer.True crime fanatics will no doubt be familiar with the area, which has something of…

Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025. So far in 2026, the Fed has left interest rates alone, and so now could be your last chance to lock in a competitive CD rate before rates move further. CD rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. CD rates today,…

A $1.45 million house that once held Benjamin Franklin’s son under Revolutionary War confinement has undergone a dramatic restoration that returned it to its centuriesold origins—while cultivating a unique mix of historical charm and modern elegance. Located in Connecticut, the so-called Ebenezer Grant House last changed hands in 2024, when it sold for just $399,000. In the two years since, however, it has been given a top-to-bottom renovation that left it looking unrecognizable—while turning it into one of the most polished pieces of 18th-century real estate in the state. As a result, the asking price for the home, which sits…

Waymo says robotaxi service has resumed after it made “temporary adjustments” in San Francisco amidst a power outage that appears to have affected around 7,000 PG&E customers in the city. According to a screenshot posted on social media, Waymo told SF customers that service was “temporarily paused” and that “freeway routes are unavailable.” When TechCrunch reached out to the Alphabet-owned company for comment, a spokesperson said in a statement, “We are making temporary adjustments to our service while we monitor local conditions. We know riders depend on us, and we will return to normal operations as soon as possible.” Following…

(Oil Price) – JERA, the biggest Japanese LNG importer and largest power producer, is studying a potential listing in the United States as part of a plan to boost its international footprint, Reuters reported on Friday, quoting anonymous sources with knowledge of the matter. The unlisted JERA has launched a feasibility study to assess potential investor demand and the U.S. market conditions and regulatory requirements, according to two of Reuters’ sources. No plan for a U.S. listing has been finalized yet, and no decisions have been taken at JERA as the feasibility study is at an early stage, Reuters’ sources said. While JERA…

Billionaire real estate developer Stephen Ross has launched a 10,000-square-foot immersive Experience Center in downtown West Palm Beach, FL, showcasing his vision for transforming the area into the “Wall Street of the South.”Ross’ firm, Related Ross, along with fellow billionaire Ken Griffin, will invest more than $10 billion across Palm Beach County to attract global companies and talent to South Florida. Ross, the chairman of Related Companies, built his career in New York City, where he spearheaded the massive Hudson Yards development.The billionaire, who also owns the Miami Dolphins, has planned developments that are expected to add more than 6 million square feet of office space, 1.4 million…

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Remember the days of blinking in-store coupon dispensers and thick, mailbox-clogging booklets full of grocery discounts? Depending on where you live, that might still be your weekly reality.But those days are fading fast, as rising print costs and falling newspaper circulations push glossy inserts into history. Yet the need to save on food costs is stronger than ever — especially since strategic couponing can still slash roughly 17% off the average grocery run.That’s where the grocery store surprise bags come in. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99,…