Author: Money Mechanics

Fed policy decision, ‘Mag 7’ earnings, and Trump-Xi meeting will be in focus this week. Meta is expected to report solid earnings and guidance thanks to AI-driven momentum and an improving digital ad market. Starbucks’ stock is trading in a vulnerable range, with technical indicators pointing to potential downside if earnings disappoint. Looking for actionable trade ideas? Subscribe now to unlock access to InvestingPro’s AI-selected stock winners! The stock market ended higher on Friday, with the major indexes clinching fresh records as cool inflation data and upbeat corporate earnings lifted investor sentiment. Source: Investing.com For the week, the 30-stock rallied…

Coke beverages are displayed in a 7-eleven convenient store on July 17, 2025 in Austin, Texas. Brandon Bell | Getty ImagesAmid recession fears, a government shutdown and tariff uncertainty, consumers are increasingly diverging in their spending.Wealthier Americans are engaging their purchasing power, while lower-income Americans are starting to pull back — commonly described as a “K-shaped” economy. Friday’s consumer price index report shed more light on the pressures facing large swaths of the country.The CPI report, which measures price changes across a range of goods and services, was delayed due to the government shutdown, originally scheduled to be released nine…

Meta’s X competitor, Threads, is introducing a new “disappearing posts” feature that will allow the app’s over 400 million monthly users to share their thoughts and engage in conversations that are automatically archived after 24 hours. The option, dubbed “ghost posts,” launches on Monday for Threads users worldwide. Users will now be able to create a ghost post on mobile devices by toggling on the new “ghost” icon on the app’s compose screen. When the post is published, it appears in others’ timelines with a dotted conversation bubble around it to differentiate the post from other content. Other users on…

Key Takeaways Novartis is buying Avidity Biosciences in an all-cash deal valued at $12 billion to access Avidity’s experimental treatments for neuromuscular diseases.The purchase price of $72 per share is a 46.5% premium to Avidity’s closing price Friday.Avidity stock was up more than 40% in midday trading Monday, as were shares of Dyne Therapeutics, which is also developing RNA therapies for neuromuscular diseases. Shares of Avidity Biosciences (RNA) soared more than 40% Monday after Novartis (NVS) agreed to buy the U.S. biopharmaceutical firm for about $12 billion in cash to expand its RNA-based disease-fighting pipeline. The Swiss-based drugmaker said Avidity…

(Investing) – Oil prices steadied Monday as traders digested potential progress in U.S.-China trade talks, starting to discount the chances of an economically costly trade war between the world’s two largest economies. At 08:25 ET (12:25 GMT),  for December fell 0.1% to $65.14 a barrel and  rose 0.1% to $61.54 a barrel. U.S., China agree to framework trade deal The U.S. and China have agreed to a framework trade deal, which will be discussed when leaders Donald Trump and Xi Jinping meet later in the week, U.S. officials said over the weekend. Washington is expected to not make good on its threat of…

Many people know it is important to have a financial power of attorney so someone else can manage your finances when you are not able. What many people don’t know is that the Social Security Administration doesn’t recognize traditional powers of attorney.An additional step must be taken to appoint the person who will manage your Social Security benefits when help is needed. To ensure a person of your choice can manage your Social Security benefits, contact the SSA and make an advance designation of a representative payee. Created under a 2018 law, this rule allows a person to choose one…

Key Takeaways The S&P 500 hit a fresh record high Monday morning at the start of a busy week that includes high-stakes trade talks, the Federal Reserve’s decision on interest rates, and a wave of earnings reports from major technology companies.The index has traded higher within an ascending broadening formation since late May, recently finding support near the pattern’s lower trendline and 50-day moving average.A continuation of the S&P 500’s current uptrend could see a rally toward the ascending broadening formation’s upper trendline near 7,075. Major support levels lie on the chart around 6,600, 6,500 and 6,360. The S&P 500 (SPX)…

Chuck Berry released the song “Johnny B. Goode” on March 31, 1958. If you happened to pick up the single and were smart enough to flip it over and play the B side, you got to hear another amazing song: “Around and Around.”The Rolling Stones covered that song on their second U.S. album, 12 X 5, in 1964. They performed it during their first appearance on The Ed Sullivan Show, and it was a regular part of their set on tour in 1964 and 1965.”Around and Around” has also been covered by other notable artists, including David Bowie, The Animals,…

Key Takeaways Too much cash in your checking account won’t earn you interest, can easily be spent, and may not be insured. Keep about one month’s worth of expenses in your checking account at any given time. Consider high-yield savings and money market accounts for easy access and annual percentage yields of up to 5.00%. Certificates of deposit let you lock in a fixed interest rate for a period of time and are good for short to medium time frames when you don’t need a highly liquid account. Retirement accounts such as 401(k)s and IRAs let you save for the…

Shares of US Rare-Earth Firms Sink Before Bell on Bessent Comments 15 minutes ago Shares of U.S. rare-earth producers dropped in premarket trading on comments by Treasury Secretary Scott Bessent that would delay export curbs of the minerals. Critical Metals (CRML), USA Rare Earth (USAR), and MP Materials (MP) sank a respective 10%, 9%, and 6% before the bell after Bessent told ABC that “I believe they are going to delay that for a year while they re-examine it.” The U.S. firms’ shares had soared earlier this month following Washington’s trade spat with Beijing. Rare-earth minerals are key to many…