Author: Money Mechanics

(Image credit: Getty Images)Stocks were volatile Tuesday, as volume thinned out ahead of Thanksgiving. As a reminder, the stock and bond markets are closed on Thursday for the holiday and will close early on Black Friday. Today, tech stocks remained in focus as AI bubble worries lingered, while several retailers rallied thanks to upbeat earnings reports.After tumbling to notable losses in mid-morning trading, the blue-chip Dow Jones Industrial Average closed up 1.4% at 47,112, the broader S&P 500 added 0.9% to 6,765, and the tech-heavy Nasdaq Composite gained 0.7% to 23,025.Nvidia (NVDA) was the worst Dow Jones stock today, shedding…

Black Friday is already delivering some of the best streaming discounts of the year, and Hulu is stepping in early with a great deal. Instead of waiting until Thanksgiving weekend, Hulu’s holiday savings event is officially underway.This year, Hulu is focusing heavily on premium add-ons like STARZ, delivering deep discounts that let you watch more for less. Whether you’re catching up on dramas or starting your holiday movie marathon, Hulu’s new offer means you can stack major entertainment without the premium price tag.And if you’ve been waiting for a reason to try STARZ or jump back in for a new…

Black Friday streaming deals are rolling out fast, and Hulu is once again jumping ahead of the pack.Starting November 25, Hulu subscribers can add HBO Max with Ads for only $2.99 per month for 12 months. Considering the standard HBO Max price is $10.99 per month, this limited-time offer unlocks a full year of TV and blockbuster movies at a fraction of the usual rate.Whether you’ve been waiting to catch originals, revisit holiday classics or binge this year’s new releases, Hulu’s HBO Max Black Friday deal makes premium streaming more affordable than ever. From just $107.88 $24.99 for Kiplinger Personal…

Key Takeaways A December Fed rate cut is once again looking likely, but that doesn’t necessarily mean mortgage rates will drop. Today’s 30-year mortgage rates are sitting near a 13-month low, but they can move in either direction after a Fed cut. Instead of trying to time the perfect rate, focus on financial readiness and the right home. If mortgage rates fall later on, refinancing can give you another chance to capture the savings. Why a December Fed Cut Is Back on the Table Financial markets are once again betting the Federal Reserve will cut its benchmark interest rate by…

Key Takeaways Polymarket returns to the U.S. after nearly four years of restricting access to customers in the States.CEO and founder Coplan said the process that has historically taken “years” was wrapped in four months. Polymarket is back on American shores. The popular predictions marketplace operator said late Tuesday that the Commodity Futures Trading Commission cleared the way for U.S. customers to bet on events—whether they’re central bank policy moves or how the Packers will fare against the Lions come Thanksgiving—through their brokerages. Polymarket’s regulatory clearance to return to the U.S. coincides with a boom in events trading, with pretty…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. November 25, 2025 Federal Reserve Board announces approval of application by Steel Newco, Inc For release at 5:15 p.m. EST The Federal Reserve Board on Tuesday announced its approval of the application by Steel Newco, Inc., of Peachtree Corners, Georgia, to become a bank holding company by merging with Synovus Financial Corporation, of Columbus, Georgia, and Pinnacle Financial Partners, of Nashville, Tennessee. As a result, Steel Newco will indirectly acquire Synovus Bank, of…

When is Black Friday? Black Friday is Friday, Nov. 28, the day after Thanksgiving. While it’s typically associated with general retail sales, we’re seeing a lot more online deals, as well. Cyber Monday, the traditional online shopping sale day, is Monday, Dec. 1. Both of these days will have some great deals, and there will be some overlap. Are laptops really cheaper during Black Friday? Absolutely. Both Black Friday and Cyber Monday see price drops that are often better than regular sales. Online retailers feel the pressure to deliver significant deals during the holiday, and consumers expect to find exclusive deals that are…

It isn’t easy working for President Trump, especially when his friend Chris Ruddy, CEO of Newsmax, is trying to undermine the Administration’s deregulatory agenda. That’s the tough spot that Federal Communications Commission Chair Brendan Carr finds himself in as he tries to relax antiquated TV broadcast ownership caps.The President came out swinging against this deregulation on social media over the weekend. “If this would also allow the Radical Left Networks to ‘enlarge,’ I would not be happy,” he wrote. “NO EXPANSION OF THE FAKE NEWS NETWORKS. If anything, make them SMALLER! President DJT.” Did Mr. Ruddy feed him this fake…

Key Takeaways Most big banks—including Chase, Bank of America, and Wells Fargo—pay virtually nothing on savings, with many customers not realizing how much more they could be earning elsewhere. Your savings are just as safe at smaller or online banks, thanks to federal deposit insurance that protects balances up to $250,000. Opening a high-yield savings account usually takes only minutes online, making it easy to stop settling for poor rates. How Big Banks Keep Their Savings Rates So Low It’s common knowledge that banks pay interest on savings accounts. They do so because they want you to deposit your money…

Key Takeaways Kohl’s shares hit their highest point since July 2024 on Tuesday after the retailer’s third-quarter results topped estimates.The results come a day after Kohl’s said interim chief executive Michael Bender is officially its permanent CEO, after previous head executive Ashley Buchanan was fired for cause earlier this year. Kohl’s (KSS) shares soared Tuesday after the retailer reported a surprise profit and better-than-expected sales, a day after removing the “interim” tag from CEO Michael Bender’s title. The company said Tuesday it earned an adjusted $0.10 per share, well above the $0.19 adjusted loss per share that analysts had projected,…