Author: Money Mechanics

Key Takeaways Delistings are up 45% this year, according to a Realtor.com report, as more sellers pull their properties off the market rather than lower selling prices.The share of home sellers who cut their prices is up to 18%, up from pre-pandemic levels.While home listing prices have been flat since 2022, some areas are seeing price growth as buyers look for deals. Home buyers are shying away from high home prices and elevated borrowing costs, and as a result, sellers are pulling their properties off the market at record rates, new data from Realtor.com showed. Delisted homes for sale are…

Key Takeaways Josh Brown, CEO of Ritholtz Wealth Management, has added Delta Air Lines to his “Best Stocks in the Market” list, citing evidence high-income consumers are continuing to spend on travel.Brown and colleague Sean Russo also put Expedia on the list. The company raised its outlook for full-year sales and profitability in its third-quarter earnings report last month. Data says times are tough. The unemployment rate rose and inflation accelerated in September. Companies laid off more than 150,000 employees in October. Last month consumer sentiment fell to its lowest level since 2022. All told, it doesn’t sound like a…

Question: I’m retired with $2.2 million in savings and work two retail shifts a week for fun. My young colleague just got her hours cut, and I don’t need the money. Should I quit so she can have my shifts?Answer: There’s a reason so many people end up having to work in retirement.The Social Security Administration puts the average monthly retirement benefit today at $2,012. Meanwhile, the median retirement savings among Americans ages 65 to 74 at just $200,000 as of 2022, the last year for which data are available. From just $107.88 $24.99 for Kiplinger Personal Finance Become a…

Beazley has continues to seek $100 million of natural catastrophe reinsurance through its third natural catastrophe bond, the London Bridge 2 PCC Limited (Fuchsia 3 – 2025-1) deal, but the company is aiming to capitalise on investor appetite and has lowered the price guidance for the notes, Artemis can report.The London headquartered specialty insurance and reinsurance underwriter returned to the catastrophe bond market with the third in the Fuchsia series of nat cat bonds last month. Initially the target was to secure $100 million of peak peril catastrophe reinsurance on a fully-collateralized basis from this issuance. That target remains the…

The share of Redfin users clicking into the climate-risk section of home listings nearly doubled after the 2025 Los Angeles wildfires started burning. The same effect took hold in Florida during hurricane season. In both instances, the bump in user engagement was short-lived.House hunters on Redfin.com are more likely to click into the climate-risk section of home listings when major natural disasters hit, but it doesn’t take long for this effect to fade.  In the 90 days leading up to the 2025 Los Angeles wildfires, Redfin users clicked into the climate-risk section of California home listings 4.2% of the time,…

Amazon said on Wednesday it will invest an additional $35 billion in India by 2030, taking its total planned commitment in the country to about $75 billion as it expands its retail and cloud operations in the South Asian nation. The e-commerce giant said the new investment will support its efforts to digitize small businesses and strengthen its logistics and operations footprint in India. The company said it aims to enable AI access for up to 15 million small businesses and generate 1 million direct, indirect, induced and seasonal jobs by 2030. Citing an Economic Impact Report by Keystone Strategy,…

Key Takeaways Gen Z workers have an average 401(k) balance of $13,500, with a 7.2% employee contribution rate that climbs to 10.9% when employer matches are included. Gen Z started working with financial advisors at an average age of 23, earlier than any previous generation. Despite having the smallest balances, 63% of Gen Z workers say they’re confident they’ll be financially prepared for retirement—higher than any other generation. It’s perhaps a timeless pattern that older generations depict the young as reckless with money, less eager to work, and maybe even a worrisome sign of the future. Any such stereotypes need…

Key Takeaways Greece has leapt to the top spot among global retirement destinations, according to International Living’s 2026 Annual Global Retirement Index. The country’s improving economy, affordability, health care system, climate, and culture are all appealing factors for retirees. Greece’s extensive network of islands and coastlines, health-promoting Mediterranean diet, and the Golden Visa available to those buying property also make the country a top destination. With its Mediterranean climate, delicious food, and stunning island settings, it’s no wonder that Greece consistently ranks among the top tourist and honeymoon destinations globally. Long a top draw for vacationers, Greece is also emerging…

How Low Will Your Savings Rate Go After the Fed’s Move? 5 minutes ago Financial markets overwhelmingly expect the Federal Reserve to announce another quarter-point rate cut on Wednesday. That matters to anyone with cash in the bank, since the central bank’s benchmark rate impacts what banks and credit unions are willing to pay on customer deposits. That means even a small shift is likely to ripple through to your savings account APY. If the Fed does indeed cut by a quarter point, savings and certificate of deposit (CD) yields would be expected to drift a bit lower in the weeks that follow—roughly in line…

I’m a new mom, so naturally I can’t wait for my daughter to walk, talk, and start investing. OK, maybe that last one is just me since I write for Investopedia. But the sooner I start teaching her the value of compound interest, the better off she’ll be in 18 years. Now, you may be thinking, “If she writes for Investopedia, why is she asking ChatGPT which accounts to open for her four-month-old daughter?” Well, ChatGPT may not always be right, but it may offer fresh perspectives. And when you’re just getting back to work after maternity leave and functioning…