Author: Money Mechanics

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Even Andrea Orcel admits his recent M&A efforts haven’t quite gone to plan. The chief executive of Italian lender UniCredit, who is perhaps the best-known dealmaker in European banking, has repeatedly run into opposition in his attempts to take control of Germany’s Commerzbank and smaller Italian bank Banco BPM.One might assume that rivals would be debating how best to avoid ending up in Orcel’s position. Certainly, there have been mistakes they could learn from: for example, don’t underestimate the importance of getting…

Every year, the IRS adjusts certain tax thresholds and amounts to keep pace with inflation, and this year is no different. In addition to new tax brackets and higher standard deduction and estate limit amounts, the IRS just unveiled new income tax thresholds for capital gains in 2026.If you have investment income, these updated capital gains brackets (effective for tax returns you’ll file in early 2027) could impact your tax bill.So, let’s dive into the latest IRS numbers for 2026 and what they mean for you. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor.…

Paying taxes may be the last thing on your mind as you head into a busy season of turkey, stuffing, and televised football. You may even feel tempted to hand over your income return to a professional before tax season begins. And according to a new survey, that’s not a surprise.Market research company, Talker Research, recently found that, at a certain stage in life, more than a third of taxpayers are “happy to just let professionals handle their taxes for them,” citing that finances may get “too complicated the more you age.”*Age aside, there are several circumstances when professional tax…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Markets were buoyed on Monday by news of another AI tie-up: Amazon promising to deliver $38bn in AI computing capacity to OpenAI over seven years. It makes sense to us that Amazon’s shares rose 4 per cent on the deal. But shouldn’t some of Amazon’s competitors…

Gold consolidates below $4000 as the Dollar Index strengthens above the 200 Day SMA. Chinese Central Bank PBoC slows Gold purchases as tax policy changes dampen demand. Optimism in the US-China trade deal reduces safe-haven demand for Gold. Data vacuum creates uncertainty about economic conditions. Price stability below the key resistance $4030 pauses the gold rally. The strong and one-sided bullish rally in that recorded an all-time high of $4380 was spectacular, historic, and stubborn, with literally no pullback and extremely overbought conditions on higher time frames. RSI on the monthly time frame was screaming at 92+ as the momentum…

The holidays are on the way with Black Friday just a few weeks away. Retailers like Amazon, Best Buy, and Walmart have been amping up the savings with serious seasonal sales — and the month of October — which ushered in early offers — was packed with them. No matter the time of year, ZDNET’s team of expert product testers and editors is searching through all of the best deals coming and going to help you find the best value on all the products you want (and those you didn’t know you needed). Now, we’ve gotten some data that shows what items ZDNET…

(Investing) – ABU DHABI  -Executives at two of Europe’s top gas suppliers,  and QatarEnergy, on Monday warned they could stop doing business with the European Union if it does not significantly loosen a sustainability law that could impose fines of 5% of their global revenue. Exxon CEO Darren Woods told Reuters on the sidelines of the ADIPEC meeting in Abu Dhabi that the EU’s Corporate Sustainability Due Diligence Directive would have “disastrous consequences” if adopted in its current form. The directive requires companies doing business in the bloc to address human rights and environmental risks across their supply chains, and aims to…

Editor’s note: This is the fifth article in a step-by-step guide for getting your financial house in order. We’ve already brought you information on compiling your net worth statement, reviewing asset titling and beneficiary designations, the importance of powers of attorney and wills, trusts and related documents. For October, we’re addressing how to talk to your agents, beneficiaries and other relevant parties about their roles and responsibilities. Getting your estate plan and financial house in order is a major accomplishment, but it doesn’t end when the documents are signed.One of the most important — and often overlooked — steps is…

There is a great benefit in having a family doctor and lawyer who build strong, lasting relationships, often with several generations of the same family.The result is more personalized, effective health care and prompt access to legal representation.However, there is one particular upsetting frustration that can be a matter of life or death — or the result can be seeing your nervous client walk into the office holding a lawsuit they were just served with. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit…

Key Takeaways The electric vehicle company has launched a media blitz, asking shareholders to approve a trillion-dollar pay package for its CEO or risk losing him.Another proposal, with a vote due this week, asks for board authorization to invest in xAI, the Musk-founded company that developed AI-assistant Grok and owns social media platform X. Tesla wants to make Elon Musk, the world’s richest person, even richer. Again. The electric-vehicle company, which aims to pivot into AI and robotics, is set to hold its annual shareholder meeting on Thursday; Its board is asking investors to vote for a plan that includes…