Author: Money Mechanics

Key Takeaways AMD CEO Lisa Su told CNBC in an interview Tuesday that she believes physical AI enabling autonomous machines such as humanoid robots and self-driving cars could be the “next big thing.”Nvidia CEO Jensen Huang earlier this week suggested a pivotal moment in robotics with AI may have already arrived. The AI boom is only getting started, according to the industry’s biggest players, with some predicting that the next wave of innovations will come in the physical world. So-called physical AI, which powers autonomous machines like humanoid robots and self-driving cars, could be the “next big thing,” Advanced Micro…

Popular footwear manufacturer Deckers Outdoor (DECK) has seen shares decline by almost 50% over the past 52 weeks. Just for comparison, the broader S&P 500 Index ($SPX) has gained 17% over the same period. DECK stock’s trajectory has been subdued as the company’s famous UGG and HOKA brands face headwinds. There are concerns that UGG’s popularity is peaking after years of strong performance, while HOKA’s dominance in running shoes is approaching saturation. The company is also facing headwinds from tariff imposition as well as competing brands. However, Deckers continues to report topline growth and a surge in profitability. So, does…

Fiat bugs have been desperately trying to call a top in and . They were just waylaid (again) by geopolitical events in Venezuela and… The fallout could be even more bullish for the world’s mightiest money which of course is gold. Iran is now a boiling cauldron of discontent. The citizens shout, “Death to the dictator!” and the US government threatens to attack the regime. Meantime, in Asia, Chinese social media is filled with purported plans to take out the leaders of the government of Taiwan… in the same way that Maduro was taken out. Further, President Donnie’s fantasy of…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. January 06, 2026 Minutes of the Board’s discount rate meeting on December 10, 2025 For release at 2:00 p.m. EST The Federal Reserve Board on Tuesday released the minutes from its recent meeting to review and determine the discount rates provided to depository institutions through the discount window. Today’s minutes cover the Board meeting that occurred on December 10, 2025. The Board’s process for setting the discount rate is distinct from the process…

This Week In A Nutshell The first jobs report of 2026—and the first “normal” report post-government shutdown—will be published on Friday. We’ll be on the lookout for signs that the labor market is weakening more than expected, which would bring about lower rates. Upcoming Attractions This is jobs week with a series of labor market data releases culminating in the potentially market-moving jobs report on Friday. Jobs report (Friday) – This is the first on-time jobs report since the October government shutdown and should be mostly free from distortions. Forecasters expect a reading of about 70,000 jobs created in December…

Key Takeaways Only about half of Americans under 35 had money in retirement accounts in 2022, according to the latest data available.Among young adults who do have retirement accounts, the median balance was $18,800.Time is younger savers’ biggest advantage, since even modest early contributions can compound significantly for decades. How Many People Under 35 Have Any Retirement Savings If you’re in your 20s or early 30s, you may not be thinking much about retirement. Only about half of U.S. households with a reference person under age 35 had any money in retirement accounts in 2022, according to the latest available…

Key Takeaways Tech and eyewear companies are lining up to release new smart glasses, which they believe may one day be as ubiquitous as cell phones.The newest models aren’t as heavy or bulky as their predecessors and are growing more useful thanks to AI, executives said. The outlook for smart glasses may have finally cleared up. Tech and retail experts are optimistic they can get Americans to reconsider adding glasses to their lineups of pocketable personal electronics. The product is becoming more practical and intuitive thanks to AI, the advent of lightweight electronics and partnerships with fashionable eyewear brands, industry…

(BOE Report) – European energy companies Eni and Repsol are struggling to recover recover about $6 billion in gas payments from Venezuela and are facing indifference from U.S. officials about the debt, the Financial Times reported on Tuesday. Eni, Repsol, and the U.S. Treasury did not immediately respond to Reuters’ request for a comment. Reuters could not immediately verify the report. Italy’s Eni produces gas from the Perla offshore field in Venezuela, a 50-50 joint venture with Repsol, operated by the local company Cardón IV. Eni and Spain’s Repsol have supplied Venezuela with large quantities of gas and naphtha that is used…

Key Takeaways Expanded eligibility rules now allow people whose disabilities began before the age of 46 to open ABLE savings accounts.ABLE accounts allow tax-free growth and withdrawals for qualified disability expenses.Contribution limits remain capped annually, but working individuals without employer retirement plans may be able to contribute more. Starting this year, approximately 6 million more people with disabilities became eligible for ABLE accounts, a type of tax-advantaged account available to individuals with disabilities, according to the National Disability Institute. Previously, individuals were only eligible for this account if their disability began before the age of 26. However, eligibility requirements expanded…

Key Takeaways Block’s Investor Day in November 2025 included an inquiry into the crypto industry’s biggest open question: Is Jack Dorsey Satoshi Nakamoto?Dorsey, who has denied it in the past, said it “does not matter.” The crypto industry’s biggest open question—who is Satoshi Nakamoto?—remains unanswered. That hasn’t stopped people from guessing. The latest to float the notion that Block (XYZ) chief and crypto enthusiast Jack Dorsey could be the pseudonymous creator of the Bitcoin network were Baird analysts, who raised the question anew this week. At Block’s Investor Day earlier this month, Seaport Research analyst Jeff Cantwell asked Dorsey directly.…