Author: Money Mechanics

Last week’s scenario? Played out perfectly. bulls smashed through the key red resistance zone just above 5900, closed the gap, and broke that long-standing psychological wall at 6000. What happened next? A textbook follow-through. Asia picked up the bullish baton, the market gapped higher and … printed fresh highs at 6213.50.  So, what now?  With daily indicators flashing warning signals, and key technical levels getting closer… we’re entering a zone where momentum, discipline and precision matter most. Daily Chart (D1): The Breakout That Ignited the Fire  In our Friday’s Lab Note, we wrote the following:  (…) the critical support zone (the…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. December 10, 2025 Federal Reserve Board and Federal Open Market Committee release economic projections from the December 9-10 FOMC meeting For release at 2:00 p.m. EST The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the December 9-10 meeting. For media inquiries, email [email protected] or call 202-452-2955. Projections (PDF) | Accessible Materials Last Update: December 10, 2025 Source link

NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court.Repeating assertions he had made prior to the high court hearing a month ago, Bessent cited several sections of 1962 Trade Act that give the president sweeping powers over import duties.”We can recreate the exact tariff structure with [sections] 301, with 232, with 122,” he said during an onstage interview at The New York Times DealBook Summit.Asked by host Andrew Ross Sorkin — the founding editor…

HP Series 5 Pro 14-inch WQXGA Portable Monitor ZDNET’s key takeaways The HP Series 5 Pro 14-inch WQXGA Portable Monitor is on sale for $339.It’s a travel-friendly screen that delivers sharp, vibrant visuals and a rich set of features.However, the low refresh rate may limit its usability for certain workloads. It’s hard to believe, but there was a time when I didn’t see the value in a second monitor. I figured juggling multiple tabs was good enough — until I finally set up a dual-monitor setup with my desktop and instantly realized what I’d been missing. Now, I can’t imagine…

(BOE Report) – EDMONTON – Capital Power Corp. has announced agreements to pursue U.S. natural gas power acquisitions and to supply electricity to a data centre developer in Alberta. The Edmonton-based power generator says it has reached a memorandum of understanding with Apollo Funds to form a US$3-billion investment partnership to buy merchant natural gas assets across the United States. Separately, Capital Power says it has entered into a binding MOU to negotiate an electricity supply agreement with an unidentified investment-grade data centre developer in Alberta with an expected 2028 start date. CEO Avik Dey says his company sees growth opportunities…

Key Takeaways The 10-year Treasury yield rose to a three-month high on Wednesday morning even as investors awaited an interest rate cut from the Federal Reserve.The disconnect between official rates and market rates is likely being driven by a variety of factors, including an uncertain economic outlook, rising government debt, and threats to the Federal Reserve’s political independence. Official interest rates are declining, but not the rates that could matter the most to everyday Americans. Treasury yields ticked up to a three-month high on Wednesday morning despite near certainty on Wall Street that the Federal Reserve was hours away from…

Key Takeaways GE Vernova boosted its financial targets and doubled its quarterly dividend, sending shares higher Wednesday.Analysts said GE Vernova could beat its targets, suggesting it’s likely to benefit from growing power demand. GE Vernova (GEV) shares surged to a record high Wednesday after the company boosted its financial targets and doubled its quarterly dividend. The stock was up over 13% near $707 in recent trading, leaving it on track to close at an all-time high. (Read our daily markets coverage here.)  The energy equipment manufacturer said during its investor day Tuesday that its 2025 sales are trending toward the higher…

KEY TAKEAWAYS As Americans’ average lifespans continue to increase, the average amount of savings will likely not last an entire retirement.Additionally, as inflation continues to persist, retirement accounts need to have more savings to afford the increased price of goods and services.Retirement accounts can shift to a “purpose-oriented portfolio strategy” and increase savings so that they earn 4% to 5% more than inflation. Americans are facing longer retirement as well as higher prices and their savings may not stretch as far as they’d like. Not only are people living longer, but sometimes they are forced to retire sooner than they…

KEY TAKEAWAYS Occupations that don’t require a formal education certificate generally have more positions available than jobs that require more education.However, the top-paying job on the list, laborers and freight movers, pays $38,940, compared with the national median annual salary of $49,500. Fast food and counter workers will have more job openings than any other occupation in the U.S. economy over the next decade—about 904,300 each year through 2034, according to new projections from the Bureau of Labor Statistics. Below, we take you through the jobs that make the BLS list of top 10 jobs with the most expected openings…

The Divisions Could Trigger Dissents Just Now Disagreements may show up in Wednesday’s vote count, with analysts expecting dissents in both directions. Fed Governor Stephen Miran voted for a larger 50 basis point cut at October’s meeting—and is expected to do so again. Miran, who is President Donald Trump’s latest Fed appointee, says rates are overly high and tamping down growth. At least a couple of more FOMC officials may also vote against Wednesday’s action, though from the opposite direction. Kansas City Fed President Jeffrey Schmid dissented in October and favored keeping rates unchanged. A few other Fed officials seem to be…