Author: Money Mechanics

HP Series 5 Pro 14-inch WQXGA Portable Monitor ZDNET’s key takeaways The HP Series 5 Pro 14-inch WQXGA Portable Monitor is on sale for $339.It’s a travel-friendly screen that delivers sharp, vibrant visuals and a rich set of features.However, the low refresh rate may limit its usability for certain workloads. It’s hard to believe, but there was a time when I didn’t see the value in a second monitor. I figured juggling multiple tabs was good enough — until I finally set up a dual-monitor setup with my desktop and instantly realized what I’d been missing. Now, I can’t imagine…

(BOE Report) – EDMONTON – Capital Power Corp. has announced agreements to pursue U.S. natural gas power acquisitions and to supply electricity to a data centre developer in Alberta. The Edmonton-based power generator says it has reached a memorandum of understanding with Apollo Funds to form a US$3-billion investment partnership to buy merchant natural gas assets across the United States. Separately, Capital Power says it has entered into a binding MOU to negotiate an electricity supply agreement with an unidentified investment-grade data centre developer in Alberta with an expected 2028 start date. CEO Avik Dey says his company sees growth opportunities…

Key Takeaways The 10-year Treasury yield rose to a three-month high on Wednesday morning even as investors awaited an interest rate cut from the Federal Reserve.The disconnect between official rates and market rates is likely being driven by a variety of factors, including an uncertain economic outlook, rising government debt, and threats to the Federal Reserve’s political independence. Official interest rates are declining, but not the rates that could matter the most to everyday Americans. Treasury yields ticked up to a three-month high on Wednesday morning despite near certainty on Wall Street that the Federal Reserve was hours away from…

Key Takeaways GE Vernova boosted its financial targets and doubled its quarterly dividend, sending shares higher Wednesday.Analysts said GE Vernova could beat its targets, suggesting it’s likely to benefit from growing power demand. GE Vernova (GEV) shares surged to a record high Wednesday after the company boosted its financial targets and doubled its quarterly dividend. The stock was up over 13% near $707 in recent trading, leaving it on track to close at an all-time high. (Read our daily markets coverage here.)  The energy equipment manufacturer said during its investor day Tuesday that its 2025 sales are trending toward the higher…

KEY TAKEAWAYS As Americans’ average lifespans continue to increase, the average amount of savings will likely not last an entire retirement.Additionally, as inflation continues to persist, retirement accounts need to have more savings to afford the increased price of goods and services.Retirement accounts can shift to a “purpose-oriented portfolio strategy” and increase savings so that they earn 4% to 5% more than inflation. Americans are facing longer retirement as well as higher prices and their savings may not stretch as far as they’d like. Not only are people living longer, but sometimes they are forced to retire sooner than they…

KEY TAKEAWAYS Occupations that don’t require a formal education certificate generally have more positions available than jobs that require more education.However, the top-paying job on the list, laborers and freight movers, pays $38,940, compared with the national median annual salary of $49,500. Fast food and counter workers will have more job openings than any other occupation in the U.S. economy over the next decade—about 904,300 each year through 2034, according to new projections from the Bureau of Labor Statistics. Below, we take you through the jobs that make the BLS list of top 10 jobs with the most expected openings…

The Divisions Could Trigger Dissents Just Now Disagreements may show up in Wednesday’s vote count, with analysts expecting dissents in both directions. Fed Governor Stephen Miran voted for a larger 50 basis point cut at October’s meeting—and is expected to do so again. Miran, who is President Donald Trump’s latest Fed appointee, says rates are overly high and tamping down growth. At least a couple of more FOMC officials may also vote against Wednesday’s action, though from the opposite direction. Kansas City Fed President Jeffrey Schmid dissented in October and favored keeping rates unchanged. A few other Fed officials seem to be…

Key Takeaways Delistings are up 45% this year, according to a Realtor.com report, as more sellers pull their properties off the market rather than lower selling prices.The share of home sellers who cut their prices is up to 18%, up from pre-pandemic levels.While home listing prices have been flat since 2022, some areas are seeing price growth as buyers look for deals. Home buyers are shying away from high home prices and elevated borrowing costs, and as a result, sellers are pulling their properties off the market at record rates, new data from Realtor.com showed. Delisted homes for sale are…

Key Takeaways Josh Brown, CEO of Ritholtz Wealth Management, has added Delta Air Lines to his “Best Stocks in the Market” list, citing evidence high-income consumers are continuing to spend on travel.Brown and colleague Sean Russo also put Expedia on the list. The company raised its outlook for full-year sales and profitability in its third-quarter earnings report last month. Data says times are tough. The unemployment rate rose and inflation accelerated in September. Companies laid off more than 150,000 employees in October. Last month consumer sentiment fell to its lowest level since 2022. All told, it doesn’t sound like a…

Question: I’m retired with $2.2 million in savings and work two retail shifts a week for fun. My young colleague just got her hours cut, and I don’t need the money. Should I quit so she can have my shifts?Answer: There’s a reason so many people end up having to work in retirement.The Social Security Administration puts the average monthly retirement benefit today at $2,012. Meanwhile, the median retirement savings among Americans ages 65 to 74 at just $200,000 as of 2022, the last year for which data are available. From just $107.88 $24.99 for Kiplinger Personal Finance Become a…