Author: Money Mechanics

Here’s a look at how today’s high-yield savings account rates stack up. The Federal Reserve cut the federal funds rate three times in late 2024, and it recently announced its first rate cut of 2025 which means deposit rates are on the decline. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical savings account — as much as 4% APY and higher. Not sure where to find the best savings interest rates today? Read on to…

Accessible Keys for Video [Space Bar] toggles play/pause; [Right/Left Arrows] seeks the video forwards and back (5 sec ); [Up/Down Arrows] increase/decrease volume; [M] toggles mute on/off; [F] toggles fullscreen on/off (Except IE 11); The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off. Good morning and welcome to the third public outreach meeting hosted by the federal banking agencies related to the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA).1 The bank regulatory system has grown extensively in recent years and has become overly complicated with often…

futures are entering a critical transition phase as we approach the end of 2025. The Variable Changing Price Momentum Indicator (VC PMI) framework identifies a clear reversion from the Buy 1 Daily ($3,937) and Buy 1 Weekly ($3,973) zones, with current price action sustaining above the VC PMI Daily mean of $3,991. This structural recovery confirms that the market has rebalanced from deeply oversold conditions, initiating a new mean reversion sequence toward the upper resistance bands of $4,055 (Sell 1) and $4,106 (Sell 2). The 5-day pattern shows price momentum turning up following a sharp retracement from the $4,171.5 high.…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. October 30, 2025 Federal Reserve Board issues enforcement actions with former employee of First Horizon Bank and former employee of NobleBank & Trust For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: Consent prohibition order against Md Hasan Rabbany Joy Former employee of First Horizon Bank, Memphis, Tennessee Embezzlement of bank funds Consent prohibition order against James Woodward Former employee of…

Planto served at Rate between 2019 and 2022, during which time he earned Chairman’s Circle honors and built a reputation for exceptional client service, mentorship and results. “There’s nothing like the culture at Rate,” Planto said in a statment. “It’s a place where top producers share ideas, learn from each other, and have the technology and support to deliver the best possible experience for clients. “I’ve also seen the incredible talent that’s joined Rate recently and the growth happening in the Houston market — it’s an exciting time to be back and part of this team. It feels like coming…

Creative suite company Canva launched its own design model on Thursday that understands different layers and formats today to power its features. The company also introduced new product forms, updates to its AI assistant, and the ability to create with its coding tool for sheets to make widgets for getting repeatable insights. Canva said that it is launching its own foundational model, trained on its elements, that would generate designs with editable layers and objects as compared to a flat image. It said the model works across different formats, including social media posts, presentations, whiteboards, and websites. “We started by…

Key Takeaways Investors will be focused on Amazon’s cloud business and AI investments when the e-commerce giant reports third-quarter earnings after the closing bell on Thursday.Amazon’s second-quarter cloud growth disappointed Wall Street after big beats from competitors Alphabet and Microsoft, both of which reported strong results on Wednesday.Options pricing suggests some traders expect Amazon stock to set its first record high since early February if Wall Street likes Thursday’s results. Amazon is scheduled to report third-quarter earnings after markets close on Thursday, and all eyes are likely to be on the e-commerce giant’s cloud business.  Amazon is expected to report…

Key Takeaways Alphabet reported earnings that topped Wall Street estimates, as quarterly revenue surpassed $100 billion for the first time.Alphabet shares broke out from a flag pattern earlier this month, indicating a continuation of the stock’s strong uptrend. However, the relative strength index sits in overbought territory, increasing the likelihood of near-term profit-taking or consolidation.The measuring principle forecasts a potential upside target of $360. Investors should also monitor major support levels on Alphabet’s chart around $235 and $205. Alphabet (GOOGL) shares jumped to a record high Thursday after the Google parent reported earnings that topped Wall Street estimates, as quarterly…

Key Takeaways Chipotle cut its full-year comparable-restaurant sales forecast as the fast casual chain experiences “a significant pullback” by customers between the ages of 25 and 34.In its earnings announcement, the company warned of “persistent macroeconomic pressures.” The return of carne asada may not be enough to lure a crucial group of customers to Chipotle. Shares of Chipotle Mexican Grill (CMG) were down 17% in early trading Thursday, a day after the fast-casual chain reported weaker-than-expected third-quarter revenue and trimmed its comparable-restaurant sales forecast for the full year. “We continue to see persistent macroeconomic pressures,” CEO Scott Boatwright said in…

Key Takeaways Eli Lilly hiked its outlook as sales soared for its popular weight-loss drugs Zepbound and Mounjaro. The company also recently announced a partnership with Walmart that will expand access to Zepbound. Strong sales of Eli Lilly’s weight-loss treatments Mounjaro and Zepbound helped power strong quarterly earnings, and the drugmaker boosted its outlook. The Indianapolis-based firm reported adjusted earnings of $7.02 per share on revenue that soared 54% year-over-year to $17.60 billion for the third quarter. Analysts surveyed by Visible Alpha had expected $5.91 and $16.06 billion, respectively. Mounjaro sales more than doubled to $6.52 billion, topping projections of $5.41…