Author: Money Mechanics

(Image credit: Getty Images)The September jobs report, delayed from its initial October 3 release date due to the record-long government shutdown, came in higher than expected. While this is good news for those worried about a sharp slowdown in the labor market, it does keep the odds of a December rate cut low.According to the Bureau of Labor Statistics (BLS), nonfarm payrolls rose by 119,000 in September, beating economists’ estimate for 50,000 new jobs. Figures for July were revised down by 7,000, from +79,000 to +72,000, while those for August were revised lower by 26,000, from +22,000 to -4,000.These revisions…

Key Takeaways Many market watchers have followed Nvidia’s earnings not only with bullish takes on the state of the stock, but on the AI trade and markets broadly.Investopedia gathered a selection of that sentiment today. “We expect AI to be the most important macro factor in 2026,” one analyst wrote. The highly anticipated results from chip giant Nvidia alleviated worries on Wall Street about the health of the AI trade.  The concerns may not have been completely extinguished with Nvidia’s (NVDA) better-than-expected report, but many market watchers followed the late-Wednesday release of the results with broadly bullish calls. (Read Investopedia’s full…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.If 2026 is Tim Cook’s final year as chief executive of Apple, he will be going out in style. The Financial Times’ report that succession planning at Apple is now in high gear makes it seem increasingly likely that the pre-eminent consumer tech company will soon be under new management.Strong demand for the iPhone 17 lifted Apple’s stock market value past $4tn for a while over the past month. With a strong tailwind from the huge stock buybacks that Cook instigated as…

(Image credit: Getty Images)Stocks shot higher out of the gate Thursday with bulls encouraged by Nvidia’s (NVDA) earnings report and stronger-than-expected September jobs data. However, the tide quickly turned and all three main indexes were staring at stiff losses by lunchtime as the AI bellwether turned lower and odds for a December rate cut dwindled.At Thursday’s open, stock market gains ranged between 1.3% and 2.1%. But at the close, the blue-chip Dow Jones Industrial Average was down 0.8% at 45,752, the broader S&P 500 was off 1.6% at 6,538, and the tech-heavy Nasdaq Composite had slumped 2.2% to 22,078.Nvidia’s Q3…

Key Takeaways Sebring and surrounding Highlands County offer a lower cost of living than Florida’s larger cities and many other Sunbelt retirement destinations.Famous for its auto racing track, Sebring has numerous other attractions, including museums, art galleries, and a historic downtown.Outdoorsy types will enjoy its parks, lakes, and golf courses.Sebring’s county offers over 200 healthcare establishments and is within driving distance of several larger cities, including Orlando and Tampa. Sebring, Florida, a small city in the center of the state about 90 miles south of Orlando, stands out as an affordable and attractive retirement destination. With a population of under…

Retirement should mean finally having time for morning hikes, afternoon bike rides, and the kind of active lifestyle you couldn’t have tied to a desk or factory floor. Almost 40% of retirees move at some point around the time they leave the workforce, and many are often looking to do the things they couldn’t do while working. Fortunately, there are towns across the U.S. that are great for retirees wanting a sense of community, natural beauty, and a fitness-friendly environment without relocating being a financial burden. 1. Lexington, Kentucky Jacobson Park offers scenic green spaces and recreational opportunities beyond Lexington’s…

Key Takeaways Abbott Laboratories has agreed to acquire Exact Sciences Corp. in a deal worth $21 billion, paying shareholders $105 per share.Exact Sciences makes a variety of cancer screening tests, including Cologuard, and expects to generate about $3 billion in revenue this year.Many pharmaceutical companies are spending billions to develop screenings and treatments for a variety of cancers, as millions of people are diagnosed with cancer every year. Shares of cancer screening test maker Exact Sciences Corp. (EXAS) surged Thursday after Abbott Laboratories (ABT) announced a deal to acquire the company for about $21 billion. Abbott said Thursday it will…

Technology stocks may be ready for a rebound after several weeks of decline. Nvidia’s (NASDAQ:NVDA) long-awaited finally met the high expectations that had built up. Earnings per share came in at $1.30 against the forecast of $1.25. Revenue reached $57 billion, ahead of the $54.89 billion expected by the Street. The outlook also came in stronger than most forecasts. Nvidia shares rose more than 5% in after-hours trading. The move lifted other major technology names and set the stage for a wider recovery on Thursday.Nvidia stands as the largest company in the world and the main engine of the AI-driven…

By David Enna, Tipswatch.com The Treasury’s reopening auction today of a 10-year TIPS, CUSIP 91282CNS6, generated a real yield to maturity of 1.843% for its 9-year, 8-month term. That result was above the “when-issued” market prediction of 1.824%, which indicates investor demand wasn’t strong. I had speculated that investors would be wary of this auction because inflation accruals for all TIPS have not been set for the month of December, just 12 days away. This may not be Earth-shaking, but it is unprecedented. Read about that here: “This week’s 10-year TIPS auction will be a test case for uncertainty.” However, the…

Key Takeaways Social media has turned impulse buying into a daily temptation, with one-click checkouts making it easy to spend without thinking.Some influencers are pushing back, urging people to resist shopping out of boredom.To combat overspending, try implementing a short waiting period before purchases, curating your social media feed, and exercising caution before taking out “buy now, pay later” loans. Have you ever found yourself mindlessly scrolling on Instagram, seduced by an advertisement for a coat you definitely don’t need? You might purchase it only to receive it weeks later and discover you don’t want it anymore. Impulse shopping can…