Author: Money Mechanics

Silver prices once again opened with a strong gap up during the morning Asian session today, hitting a fresh lifetime high. The market has become extremely difficult for traders to interpret, as daily volatility of 3%–4% in silver has now become common over the past two months. On 28th October, was trading near $45.543, and since then prices have surged sharply to a new lifetime high of $72.705 per ounce during today’s Asian session, marking an impressive nearly 69% rally in just two months. Silver March futures also touched a fresh record high near $72.750 today. In recent weeks, markets…

Customers at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y. Lori Van Buren | Albany Times Union | Hearst Newspapers | Getty ImagesHoliday road-trippers are feeling some relief at the pump this year.The average price of unleaded gasoline in the U.S. has been below $3 a gallon for most of the month — the lowest level since 2021, according to AAA. The association said it’s shaping up to be the cheapest December for drivers filling up their tanks going back to the pandemic year of 2020.Fuel prices are down about…

Jack Wallen/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysA Linux distro should match your needs.Both CachyOS and Nobara cater to different users.These operating systems are free to install and use.This time around, in my “vs.” series, I decided to go a different route and choose two distributions that are quite different. Instead of possibly clearing confusion between two similar Linux distros, I thought showing off the diversity the Linux desktop has to offer might be a good thing.Hence, CachyOS vs. Nobara.Two operating systems that cater to different types of users. But which users are they?CachyOS This is what…

(World Oil)– Baytex Energy Corp. has completed the sale of its Eagle Ford assets in the United States, closing the transaction for net proceeds of $2.14 billion after adjustments, the company said Dec. 19. The divestiture leaves Baytex in a net cash position and marks a strategic shift toward its core Canadian operations. The company said proceeds will be used to repay outstanding credit facilities, redeem its 8.5% senior notes due 2030 and fund a cash tender offer for its $575 million of senior notes due 2032. Baytex also said it plans to return a portion of the remaining proceeds to…

Key Takeaways Refreshing your digital presence can improve customer trust and visibility.Reviewing vendors may uncover better prices, terms, and service levels.Equipment assessments help prevent downtime and unexpected repair costs.Ensuring employee well-being supports productivity and long-term business growth.Updated insurance and retirement plans strengthen financial protection. Starting a new year is an opportunity for business owners to reassess operations, strengthen their financial footing, and set the tone for the months ahead. Taking a systematic approach now can help resolve inefficiencies, reduce costs, and position your business for sustainable growth. Whether you run a small operation or manage a larger team, focusing on…

Key Takeaways The Caribbean offers retirees stunning natural beauty, warm weather, and a relaxed lifestyle—often at a fraction of U.S. living costs. Saint Lucia and Grenada top most lists for their safety, natural beauty, and affordable monthly budgets of $1,500 to $2,500. Budget-conscious retirees can live in Belize or the Dominican Republic for as little as $1,500 to $2,000 monthly, while Saint Kitts and Nevis and Antigua and Barbuda offer more upscale experiences at higher costs. The Caribbean ticks a lot of the right boxes as a retirement destination. This tropical part of the Americas, comprising the islands and coastal…

KEY TAKEAWAYS An aerospace engineering degree has been leading to the highest-paying careers, and workers with this degree type have very low unemployment levels.Many workers in the top-paying fields also obtain graduate degrees. If you’re looking to get a high-paying job with security, you may need to look to the sky when considering what to major in. Aerospace engineering graduates earn a median of $125,000 mid-career and face just 1.4% unemployment, making it the bachelor’s degree most likely to land you a high-paying, stable job, according to Federal Reserve data. Computer engineering and chemical engineering follow close behind, both topping…

Key Takeaways Half of Americans under 35 have a retirement account, with participation rising to a high of 62% at ages 45–54.Among those with retirement accounts, typical balances start small, grow with age, and tend to peak in the early years of retirement.Starting early gives savings more time to grow, but boosting contributions later in your working years still makes a difference. How Many Americans Have Retirement Savings It’s easy to assume that most adults are saving for retirement—but whether that’s true depends a lot on age. Federal Reserve survey data shows that participation rises quickly in early adulthood, peaks…

Key Takeaways Warren Buffett’s central investing rule is about avoiding permanent losses, not scoring big wins.He focuses on protecting his company’s money and strategies to limit big mistakes. Buffett’s most famous investing advice is famous for being hard for many on Wall Street to follow: “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.” But he repeats the phrase often in interviews, shareholder letters, and investing guides for a reason. Buffett clarifies that this isn’t a pledge to avoid losses, but a philosophy that prioritizes protecting your money and long-term value over market noise. Despite…

Summer 2025 was the only time in records dating back to 2013 that sellers outnumbered buyers by a larger percentage. This mismatch means it’s a buyer’s market, with many buyers successfully negotiating lower prices and or concessions from sellers. Austin, TX is the strongest buyer’s market, while Nassau County, NY is the strongest seller’s market; San Francisco has pivoted from a buyer’s market to a seller’s market. There were an estimated 37.2% more home sellers than buyers in the U.S. housing market in November (or 529,770 more, in numerical terms)—the largest gap in records dating back to 2013 aside from…