Author: Money Mechanics

Key Takeaways Jeff Bezos, the founder and former CEO of Amazon, is funding and leading a startup focused on applying AI to the manufacturing and engineering fields, The New York Times reported.His latest venture—Project Prometheus—has $6.2 billion in funding and about 100 employees, the Times said. It’s back to the future for Jeff Bezos. The 61-year-old Amazon (AMZN) founder is once again leading a team that aims to develop the technology of tomorrow. Bezos will be co-CEO of Project Prometheus, an AI startup focused on manufacturing and engineering, in fields including computers, cars and aerospace,The New York Times reported Monday.…

Medicare premiums and deductibles increased in 2026 from 2025 levels, with Part B premiums rising by about 9.7%. To get the most from your plan, it’s important to understand your premiums, deductibles and out-of-pocket costs, which will vary depending on your plan and income.You could also owe a monthly surcharge on Medicare Part B and Part D premiums based on an income-related monthly adjustment amount (IRMAA).Medicare open enrollment runs from October 15 to December 7 annually. During this period, you can switch from original Medicare to a Medicare Advantage plan, or vice versa. You can also choose a new Advantage plan or Medicare Part D prescription…

Subscribe Now: Apple Podcasts / Spotify / PlayerFM The cold winds of volatility have been blowing through the markets, leaving many to question the durability of this bull market. Is this just good old-fashioned sector rotation, or the beginning of the unwinding of the risk trade that has propelled the stock market to multiple record highs this year? Keith Lerner of Truist Wealth helps us navigate these recent shockwaves and identifies new opportunities for investors seeking stability. Plus, don’t call it a comeback, but bonds are having their best run in over a decade. And, all eyes will be on…

Refresh 2025-11-17T17:35:57.222Z Hedge funds bought Nvidia stock in Q3 Nvidia shares outperformed the broader market in Q3, gaining 18.1% on a total return basis (price change plus dividends) vs the S&P 500’s 8.1% total return. (Image credit: YCharts) During this July 1 through September 30 time frame, hedge funds were were net buyers of Nvidia stock.According to WhaleWisdom, 48 hedge funds initiated new NVDA positions over the three-month period and 316 increased their stakes. This compares to 33 hedge funds that closed out of their Nvidia stakes entirely and 342 that reduced their positions.The net change in hedge fund share…

It’s astonishing that oil prices aren’t soaring higher, given the dramatic headlines. Ukraine has managed to strike deep into Russia with long-range drones, hitting one of the country’s top ten refineries at Novokuybyshevsk and a military base—an operation confirmed by Ukraine’s General Staff and reported by the Kyiv Independent. Meanwhile, in the Gulf of Oman, the Marshall Islands-flagged tanker Talara was intercepted and diverted by Iranian Revolutionary Guards on November 14, suspected of carrying unauthorized goods. US Central Command and UKMTO have issued warnings about persistent threats in the region, urging extreme caution for maritime transit. Yet, despite these significant…

Navigating Debt in Delaware’s High-Cost Reality One of the smallest nation in the states, Delaware, despite being small in size, Delaware has its own challenges that are anything but small, majority of the locals living in Wilmington, Newark, and Dover are facing challenges of the rising living costs, a reflection of it can be seen in medical, insurance, rent, and credit card which refuses to shrink. On the other hand, student loans weigh too much, especially with the state’s proximity to the major universities and young professionals who carry loans into their careers. Locals who are carrying $10,000 or more…

With approximately 250 million unique monthly visitors, Zillow is the most widely used real estate portal in the United States. It’s among just a handful of online real estate platforms that transformed the way Americans buy, sell and rent homes.The company offers a free mobile and web app that provides significant detail on approximately 165 million homes. In the past, these listing data were available only to real estate agents in the industry’s Multiple Listing Services system.Zillow also offers innovative products like the “Zestimate,” a machine learning algorithm that approximates a home’s value. The feature has a median error rate…

Jack Wallen / Elyse Betters Picaro / ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysBoth Linux Mint and Zorin OS are great operating systems.You’ll find ease of use and a wide range of supported hardware.Find out which of these is best suited for your needs.Zorin OS saw a dramatic uptick in downloads after the end of Windows 10. Within a two-day stretch, Zorin OS had over 100,000 downloads, which was a record for the distribution.Meanwhile, Linux Mint has been one of the most popular distributions for some time. Given that both of these distributions are enjoying a continued rise…

Key Takeaways Platte City is just a few miles from Kansas City International Airport (MCI), which offers nonstop domestic flights and limited international service. The county’s median home value of $317,600 is well below the national average, making it an affordable option for retirees. Retirees can enjoy nearby wineries, antique shops, and museums, with easy access to larger events and cultural attractions in Kansas City. The area has a relatively low climate risk and experiences four full seasons, with hot summers and cold winters. While it might not be on your retirement radar yet, Platte City, Missouri, is a midwestern…

(Investing) – LONDON -Oil prices climbed nearly 2% on Friday, boosted by supply fears after the Black Sea port of Novorossiisk halted oil exports following a Ukrainian drone attack that hit an oil depot in the major Russian energy hub.  were up $1.04, or 1.65%, at $64.05 a barrel by 1428 GMT, while U.S. West Texas Intermediate crude advanced $1.15, or 1.96%, to $59.84 a barrel. The contracts were more or less stable on the week. At those levels, Brent was heading for a weekly gain of around 0.7% and WTI a modest gain of 0.15%. Friday’s attack damaged a ship…