Author: Money Mechanics

Managing debt in Ohio can be overwhelming, especially with the rising credit card balances, medical bills, and personal loans. From bustling urban centers like Columbus, Cleveland, and Cincinnati to smaller towns and rural communities, residents deal with various financial pressures. While some of the struggle with the high cost of living, others have limited access to local financial counselling, for households having more than $15,000 loan, professional debt relief programs, running from credit counselling and consolidation to all the way to settlement and bankruptcy, offer more practical ways to reduce financial strain, regain control, and plan for more secure financial…

U.S. homebuyers will start to get some relief in 2026, with affordability improving as income growth outpaces home-price growth. Next year will mark the beginning of a long, slow recovery for the housing market.  The Great Housing Reset will take shape in 2026. It won’t be a quick price correction, and it won’t be a recession. Instead, the Great Housing Reset will be a yearslong period of gradual increases in home sales and normalization of prices as affordability gradually improves. It will start next year, with incomes rising faster than home prices for a prolonged period for the first time…

When is Cyber Monday? In 2025, Cyber Monday is on Dec. 1. It’s one of the best times of the year to score deep discounts on Nintendo Switch consoles, games, and accessories from major retailers like Best Buy, Walmart, and Amazon.  Is the Nintendo Switch really cheaper during Cyber Monday? Absolutely. The Nintendo Switch is almost always cheaper during Cyber Week. Retailers also slash prices on popular console packages, accessories, and games, with saving that can easily reach $100 or more. This sales event is usually the price time to get a Switch or Switch 2. Nintendo rarely lowers the prices on…

Key Takeaways Strategy CEO Phong Le last week stunned investors when he said the company would sell bitcoin under certain conditions.The enterprise software company has not sold a single bitcoin since it established a coin treasury in August 2020Strategy stock has lost about 60% of its value since hitting a record high in July. Math is greater than faith, apparently. Strategy (MSTR), the enterprise software company made famous for stockpiling bitcoin, stunned its investors with the possibility that it could sell. Though Strategy executive chairman and bitcoin evangelist Michael Saylor has long advocated for holding bitcoin indefinitely and recently said…

Key Takeaways If you don’t act before your CD’s maturity date, your money may get locked into a lousy rate and a new term you don’t want. With a Fed rate cut expected, it’s worth researching your options early so you can make a proactive decision that protects your earnings. Even if you want a new CD, you can almost always earn much more with one of today’s best CDs instead of the bank’s rollover CD. Need flexibility instead? Moving your CD balance into a top high-yield savings account offers easy access and a solid return. The Costly CD Mistake…

Key Takeaways An aerospace giant got a lift on Tuesday, Dec. 2, 2025, as an executive provided an optimistic forecast for deliveries and free cash flow, while a major chipmaker extended its rally.Boeing shares took off after the plane maker’s chief financial officer offered a bright outlook for 2026.Intel stock added to its recent string of gains amid speculation about new business from Apple. Shares of an aircraft manufacturer skyrocketed as a top executive said deliveries and free cash flow would trend higher in 2026, while a large semiconductor player extended its hot streak. Major U.S. equities indexes moved higher…

Key Takeaways President Trump has imposed a wide range of tariffs throughout 2025, frequently changing or adding new trade measures and creating a fast-shifting policy landscape.As of Dec. 2, his broad import taxes now affect most countries worldwide, reshaping global trade and influencing the U.S. economy. President Donald Trump upended trade policy and the economy in 2025 by imposing a slew of tariffs on nearly every country in the world.Trump began imposing tariffs almost as soon as he took office this year and has frequently added new ones, altered or called off old ones, and threatened others, making trade policy…

Key Takeaways Procter & Gamble’s CFO said Tuesday that the consumer product maker was seeing a “nervous and cautious” consumer in recent months.Tariffs and the government shutdown have exacerbated the “tougher context” for sales in the U.S., CFO Andre Schulten said. Procter & Gamble (PG) shares hit their lowest point in two years on Tuesday after the consumer goods giant’s finance chief issued a warning about the health of the American economy. “I think the context in the US is more volatile, probably the most volatile we’ve seen in a long time,” said P&G CFO Andre Schulten when asked at…

WASHINGTON, DC – DECEMBER 02: (L-R) Tech billionaire Michael Dell speaks as his wife Susan Dell and U.S. President Donald Trump look on while making an announcement about “Trump accounts” in the Roosevelt Room at the White House on December 02, 2025 in Washington, DC. Dell is contributing $6.25 billion of his own money to the program, which aims to have the government provide $1,000 in seed money for investment accounts that will be granted to children born in the next four years. (Photo by Chip Somodevilla/Getty Images)Getty ImagesMichael and Susan Dell just pledged $6.25 billion to expand Trump’s child…

Key Takeaways Rates for 30-year mortgages have been drifting lower and now sit near their lowest level in 14 months.Though the Fed is widely expected to cut its benchmark rate next week, that’s no guarantee of lower mortgage rates. Lately, the two have moved in opposite directions.If you’re financially ready, locking in now could be smarter than waiting. You can always refinance later if mortgage rates fall further. Mortgage Rates Are Hovering Near Their Lowest Level in 14 Months Rates on 30-year new-purchase mortgages have fallen in the past week to almost their lowest level since October 2024. On Black…