Author: Money Mechanics

Already registered or subscriber? Please log in to continue reading Want to keep reading? Unlock your free article — Your gateway to Property Intelligence Register FREE and enjoy one complimentary article every month, packed with: Daily market briefings so you act faster on deals and developments Finance insights to manage risk and spot opportunities. Expert analysis that informs strategy and builds credibility Sector-specific intelligence to identify risks and opportunities. Legal and compliance updates to stay on the right side of regulation. People moves to keep you connected with industry leaders. Ready for more? Subscribe today for unlimited access to…

Physical badges used to be all you needed for identity management at a company. But with humans now working alongside machines and AI agents in digital environments, even the identity tools built for the cloud era are proving inadequate. That’s the gap Israeli startup Oak is stepping out of stealth to fill, it says. Co-founded by serial entrepreneur Shai Morag, the company has been quietly building a unified control plane that governs identity across an organization, and is now emerging publicly with its product generally available and already deployed by enterprise clients, backed by $60 million in seed funding that…

The Knox School stands on 40 waterfront acres overlooking Stony Brook Harbor. Soon, the century-old campus could also overlook a 140-foot cell tower.The telecommunications company behind the project says it’s needed to close a gap in wireless coverage in Nissequogue, a small village on Long Island’s North Shore. Residents, meanwhile, have repeatedly argued that the tower would intrude on the community’s prized coastal views.“The installation would introduce a prominent and permanent visual intrusion that is neither necessary nor well-suited to its setting,” Michael Utevsky, mayor of neighboring Head of the Harbor, wrote in a January letter opposing the project.In April,…

Gold (GC=F) August futures opened at $4,005.90 per troy ounce on Tuesday, July 14, 2026, essentially unchanged from Monday’s closing price. The price of gold moved slightly higher this morning to $4,007.70 per troy ounce as of 7:50 a.m. ET. Today’s opening price of gold is the lowest since late June, as conflict continues to escalate between the U.S. and Iran. The United States says they are reinstituting a naval blockade of Iranian ports, and is proposing a 20% fee to guard the ships passing through the Strait of Hormuz. The renewed tensions in the Middle East continue to push…

For the first time this cycle, a miner has filed hard numbers on a forced production cut, and a mine-safety crackdown in China is behind it, not anything the price did. today, having slipped back below its early-July low. The metal is down roughly 18% from where it closed 2025, near $71, and it sits about 52% below the all-time high of $121.62 set on January 29, though it remains up more than half from a year ago. Against , the is about 69. The correction of the past two months has been a monetary story, driven by a firm…

The U.K. Office of Budget Responsibility (OBR) published its “Fiscal Risks and Sustainability” report (link) and it contains the eye-catching chart above. I will draw your attention to the top line which represents a “worse case” projection of the debt/GDP ratio marching merrily off to 1,000%. I do not expect to be able to pay off on any bets in 2076, but I find it safe to say that the debt/GDP ratio will not do that. Even the low end projection is implausible.I will first explain why the high projection is nonsensical, which then leads to a discussion why any…

Okay, I will admit that I came into today thinking ‘this is one of the more low-stress releases in quite a while. We know headline inflation is going to be negative, and it’s just a question of whether core is 0.20% or 0.26%.’ The Bloomberg consensus was for -0.12% (seasonally adjusted) on headline CPI, and +0.23% on core CPI. That core CPI forecast would annualize to 2.8% or so, clearly indicating that inflation hadn’t fully returned to target but also not super alarming. The swap market was aligned with economists’ forecasts. Wow, were we collectively wrong on that! The conspiracy…

(By Oil & Gas 360) – Turkey’s oil and gas strategy is evolving into something much larger than an effort to reduce dependence on imported energy. What began as a campaign to increase domestic production is becoming a broader upstream strategy focused on expanding technical capabilities, attracting international partners, and establishing a stronger presence in regional and global energy markets.   The shift reflects Turkey’s economic reality. The country remains heavily dependent on imported oil and natural gas, making it vulnerable to commodity price volatility and geopolitical disruptions. Every additional barrel produced domestically reduces import costs, improves the current account, and…

There can be many advantages to receiving retirement income from a fairly-priced annuity.gettyAre you concerned that you might outlive your money in retirement? You’re not alone. Almost two-thirds (62%) of survey respondents feared outliving their money more than they feared dying, according to Living and Funding Longer Lives, a 2025 survey by Corebridge Financial.The best way to address the fear of running out of money in retirement is to build a portfolio of lifetime retirement income that covers your living expenses, with a margin for surprises. To build such a portfolio, you’ll need to shift your thinking. When you were…

To see our latest updates on the Nancy Guthrie case, please click here.Six months after “Today” show star Savannah Guthrie’s 84-year-old mother, Nancy Guthrie, was abducted from her Arizona home, true-crime enthusiasts are actively disrupting the investigation.According to newly released court documents obtained by Fox News, authorities have issued fresh warnings and charged three men with misdemeanors near the Catalina Foothills search area. The influx of internet sleuths has grown so intense that one content creator allegedly turned a roadside area near the site into a full livestreaming set—complete with traffic cones, a tripod, and a “pee tent.”Six months after “Today” show…