Author: Money Mechanics

Death and taxes are life’s two certainties, but what if you could have more control over the latter in retirement? That’s the goal of the “Take That, Uncle Sam” rule of retirement spending.With this approach, money is withdrawn strategically to limit your tax exposure. The less you pay Uncle Sam, the more you have to spend or leave to your heirs.It’s a strategy any retiree can use, but timing is everything. Those who spend more early in retirement must structure their plan differently from those who wait until later. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter,…

Key Takeaways Senator Thom Tillis of North Carolina, a Republican, has threatened to block President Donald Trump’s pick to lead the Federal Reserve.Tillis objects to the Justice Department’s investigation into current Fed Chair Jerome Powell.Tillis is not seeking re-election in November, so he could hold up the nomination for less than a year. A key Republican lawmaker likes President Donald Trump’s pick to head the Federal Reserve—and is threatening to block his appointment anyway.While Trump has chosen his nominee for the chair position, former Fed Governor Kevin Warsh must still be approved by the Senate. North Carolina Senator Thom Tillis,…

For a long time, “unlimited” phone plans felt like the safe choice. You paid one flat monthly bill and didn’t have to think much about how many texts you sent or how often you opened an app on the go. But for many people, that peace of mind now comes with a higher price tag, especially when most of the day is spent connected to Wi-Fi at home, work or around town.That’s why some light phone users are starting to look at pay-as-you-go plans again. Instead of paying $70 to $100+ every month for data you rarely touch, these plans…

Key Takeaways Seniors on Medicare should pay close attention to what kind of visit they have with their primary care physician to make sure it’s covered.Unlike traditional health insurance, Medicare Part B doesn’t cover annual physicals. New to Medicare? Knowing the difference between a wellness visit and a routine physical exam could save you a lot of money. Medicare Part B insurance—which helps cover preventative and medically necessary services—offers yearly wellness visits at no cost to patients. Unlike traditional insurance, which typically covers annual preventative care, routine physical exams are not covered by Medicare Part B, so a patient must…

Key Takeaways Palantir stock is expected to make more big moves by the end of the week after reporting earnings on Monday.Revenue is expected to keep growing to record highs, but that wasn’t enough to keep the stock rising last quarter amid concerns about valuation. Palantir Technologies is slated to post fourth-quarter results after Monday’s closing bell, with traders expecting another big swing following the report. Based on current options pricing, Palantir (PLTR) stock is expected to move at least 9% by the end of next week. At the high end, that would put the stock around $158 based on…

(Image credit: Getty Images)Stocks opened lower Friday and stayed there through the close. While Wall Street seems to generally approve of President Donald Trump’s pick to replace Jerome Powell as Fed chair, price action today was dictated by a massive precious metals sell-off and the latest round of earnings reports.Ahead of Friday’s open, President Trump announced via Truth Social that he has picked Kevin Warsh to succeed Fed Chair Powell when his term expires in May, pending Senate approval.”I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE…

Key Takeaways Through a process of elimination, we can move through the periodic table to find out why most elements were never suited to hold value.Gases, reactive or radioactive elements, and metals that are too common or too rare all fall away when tested as stores of wealth.Gold stands apart by clearing every hurdle, while close rivals like silver and platinum are undone by small but critical limits. Gold’s Long History as Money, Jewelry, and a Store of Value For thousands of years, gold has played an outsized role in how societies store value. It has been minted into coins,…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. January 30, 2026 Federal Reserve Board announces approval of application by Cornerstone Capital Bancorp, Inc. For release at 4:00 p.m. EST The Federal Reserve Board on Friday announced its approval of the application by Cornerstone Capital Bancorp, Inc., of Houston, Texas, to acquire Peoples Bancorp, Inc., and thereby indirectly acquire Peoples Bank, both of Lubbock, Texas. For media inquiries, please email [email protected] or call 202-452-2955. Last Update: January 30, 2026 Source link

While the overall catastrophe bond market saw issuance rising around 40% year-on-year in 2025, broking group Aon saw its activity supporting issuance of new cat bonds rising by more than 50%, CEO Greg Case said today.In the fourth-quarter of 2025, Aon reported growth in revenues related to its insurance-linked securities (ILS) business in the double-digits, outpacing its overall reinsurance divisions’ 8% organic revenue expansion in the period. Speaking during the Q4 earnings call just now, Aon CEO Greg Case provided some additional colour and said his firm saw the cat bond business it acts on growing faster than the overall…

Selling a business in Arizona can be a very strong win in 2026 if you prepare for what AZ buyers actually care about: clean books, transferable licenses, stable staffing, and predictable cash flow in a state where seasonality (snowbirds + heat) can swing revenue. The Phoenix metro (Phoenix, Scottsdale, Tempe, Mesa, Chandler, Gilbert) is where you’ll see the deepest buyer pool, but Tucson, Flagstaff, Prescott, and fast-growing secondary markets can still fetch great multiples when the fundamentals are tight. Want a realistic Arizona business valuation before you talk to buyers? Earned Exits can help you estimate a fair sale range…