Author: Money Mechanics

OpenAI is working on a new tool that would generate music based on text and audio prompts, according to a report in The Information. Such a tool could be used to add music to existing videos, or to add guitar accompaniment to an existing vocal track, sources said. It’s not clear when OpenAI plans to launch such a tool or whether it would be available as a standalone product (as opposed to integrating with OpenAI’s ChatGPT and video app Sora). One source told The Information that OpenAI is working with some students from the Juilliard School to annotate scores as…

(BOE Report)– CALGARY, Alberta, Oct. 24, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has, through its wholly owned subsidiary Gran Tierra Energy Colombia GmbH, a Swiss limited liability company (the “Seller”), entered into a crude oil sale and purchase agreement and a related prepayment addendum (together, the “Oriente Crude Oil Agreements”). Under the Oriente Crude Oil Agreements, the Seller will receive an initial advance in an aggregate amount not to exceed $150 million and may receive an additional advance of up to $50 million, subject to certain conditions. These advances…

This article explains the many Social Security benefits that are available for you determine your best Social Security claiming strategy. As you work through this planning process keep 3 things in mind:Claiming Social Security benefits is a one-time decision you must make correctly.A married couple needs to look at this decision as a joint life decision, not as individuals in a silo.Take the wrong benefit at the wrong time, it is always smaller, and it is forever. BENEFITSWorker BenefitThis is your own personal benefit. You are always paid your own benefit first regardless of what benefit you are entitled to.…

Below is a profound picture of the bubble But first, let’s review one of several “gold bubble” headlines that have appeared recently. In this piece, the analyst in question and his bubbly views are behind a paywall. But a writer at Investing.com highlights the analyst’s views publicly. Gold may be in a bubble set to burst, economist warns If you are not familiar with me, rest assured I have been down this path of rebuking “gold bubble” theorists before. Before we get to the chart, let’s excerpt and respond to a few thoughts from the first link above: ’s record-breaking…

Credit: www.grasshopper.bank Wondering if Grasshopper Bank (www.grasshopper.bank) and their business banking solutions are right for your company? Now, we understand that selecting the right bank for your business can be a challenge, especially today with the variety of options available. Now, there are so many options, I know. From brick-and-mortar banks to online institutions, is Grasshopper a good option? Let’s take a a deep dive and review their business debit and checking accounts… Grasshopper Bank vs Traditional Banks Forbes calls Grasshopper “not your Grandma’s bank” Traditional banks are not always the best option for startups and small businesses, as their…

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although the top end of the market fared better, according to a new report.Despite the steady stream of headlines about eye-popping sales and soaring prices in Manhattan real estate, the median price per square foot for Manhattan condos is essentially flat from a decade ago, according to a report from Brown Harris Stevens. One in…

The annual automatic increases in Social Security taxes and benefits are based on different formulas, both of them set by Congress.getty The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment (COLA) increase in their benefits in 2026, up slightly from this year’s 2.5% increase, reflecting the upward creep in inflation, the Social Security Administration announced today. Meanwhile, the maximum amount of a worker’s earnings subject to Social Security tax (also known as the wage base) will increase by a heftier 4.8%, or $8,400 to $184,500, from $176,100 in 2025. That adjustment, which means higher…

KEY TAKEAWAYS Social Security benefits will increase by 2.8% in 2026 to contend with the cost of living.However, rising prices for essentials like health care and groceries mean many seniors still feel they’re falling behind. While Social Security beneficiaries will see larger paychecks next year, the annual cost-of-living adjustment for 2026 may not be enough to keep up with older Americans’ growing expenses. The Social Security Administration announced on Friday morning that the 2026 cost-of-living adjustment for benefits will be 2.8%. The adjustment, also known as COLA, is calculated every year based on inflation in the third quarter. The increased…

Key Takeaways Seventy-seven percent of Americans age 50 and over say the Social Security cost-of-living adjustment (COLA) does not keep up with rising prices. The COLA for 2026 is 2.8%. To offset the Social Security COLA’s inability to keep up with inflation, you’ll need strategies to stretch your income farther. If Social Security’s annual increases won’t be enough for your budget, experts recommend delaying benefits until age 70 for maximum payouts and diversifying retirement income sources beyond Social Security. Social Security recipients will see their monthly checks increase by 2.8% in 2026, the Social Security Administration has announced. For the…

Key Takeaways The Consumer Price Index rose 3% over the year in September, up from 2.9% in August and the highest annual inflation since January.The acceleration was lower than the uptick to 3.1% that forecasters had expected.Inflation has remained stubbornly high in the post-pandemic era, driven up by tariffs and squeezing household budgets. Inflation stayed stubbornly high in September, keeping the squeeze on the buying power of household budgets.The Consumer Price Index rose 3% over the year in September, up from a 2.9% annual increase in August, the Bureau of Labor Statistics said Friday. That was the highest 12-month inflation…