Author: Money Mechanics

Truecaller has opened a public fight with India’s telecom regulator over rules governing caller ID apps, saying the country’s anti-spam framework is making it harder to protect consumers from unwanted calls in its biggest market. On Wednesday, CEO Rishit Jhunjhunwala (pictured above) took to X to publicly challenge the Telecom Regulatory Authority of India (TRAI), accusing the watchdog of preventing Truecaller from displaying community-reported spam information for calls from the country’s dedicated 1400 and 1600 number series, a restriction he said had enabled abuse of those numbers and eroded trust in legitimate business calls. The dispute stems from a framework…

Seasoned athlete Simone Biles and her husband, NFL player Jonathan Owens, are on the move once again as they head to Indiana ahead of the upcoming football season—when the safety will make his debut with the Indianapolis Colts                         Days after Biles, 29, and Owens, 30, traveled to New York City to attend the wedding of Taylor Swift and Travis Kelce, the couple jetted off once again, this time making their way to Naptown, accompanied on the trip by their beloved dogs. Both the gymnast and the football pro shared Instagram Stories images of themselves with their dogs during their…

Deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates of 4% or higher. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD rates today? CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% APY. Today, Wednesday, July 8, 2026, the highest CD…

I didn’t think Trump would be this foolish, but here we are. Geopolitical Risk Surges Trump said an interim peace deal signed between the two last month is over. Oil prices spiked 8 percent, stocks are down, and bond yields surged. Trump Calls Iran Scum Rational Last Month, Scum Today The Wall Street Journal reports Trump Says Ceasefire With Iran Is Over After Latest Attacks President Trump said he believed his ceasefire deal with Iran was over and that the U.S. would likely carry out more strikes soon, following another round of Iranian attacks on ships in the Strait of…

A few weeks into the Warsh Fed Chairmanship, and there are a couple of changes that I think are worth pointing out. Both are subtle, and I present them as a longtime Fed watcher and rates strategist and Inflation Guy. The first one is something I missed at first, until I heard it again. Warsh has been talking in terms of the Federal Reserve having a 2% inflation target or goal. This may not seem like much, since central bankers routinely pledge allegiance to that goal. But over the Powell term as Chairman, that went from being something concrete to…

In June 2026, Cboe FX Spot Average Daily Volume (ADV) reached $59.6 billion, a 23.4% increase versus June 2025’s ADV of $48.3 billion.Cboe SEF ADV1 topped $4.6 billion, representing a 59.0% increase from $2.9 billion in June 2025.At $23.4 billion, Cboe FX ECN Firm ADV2 accounted for 53.8% of the Spot ECN total, and a 34.7% increase from $17.1 billion in June 2025.At $2.5 billion, Cboe FX ECN Metals ADV increased 21.4% from $2.1 billion in June 2025 and accounted for 5.7% of the Spot ECN total.Cboe’s U.S. Treasuries platform observed a record day of $2.7 billion on June 30…

In this photo illustration an younger person is helping an old man to look at a file with documents. HEIDELBERG, GERMANY – FEBRUARY 14: on February 14, 2020 in Heidelberg, Germany. (Photo by Ute Grabowsky/Photothek via Getty Images)Photothek via Getty ImagesGermany’s latest pension debate has crossed the Atlantic with an obvious question: if Germany is considering raising its retirement age toward 70, why can’t the United States do the same?The answer is simple: Germany and the United States are starting from different places.The German pension reform package is not a straightforward plan to make people work longer. Germany’s pension proposals…

Sen. Elizabeth Warren has called for the resignation of Bill Pulte from his dual roles headingthe Federal Housing Finance Agency (FHFA) and the Office of the Director of National Intelligence (ODNI), following a scathing report that labeled the high-ranking official “unqualified” and accused him of rampant abuses of power.”Bill Pulte has spent the last year at FHFA as Donald Trump’s attack dog, abusing every tool at his disposal to investigate the President’s perceived political enemies,” Warren, a Democrat from Massachusetts, said in a statement on Monday. “Now, he’s taken the helm of our nation’s intelligence community, where he’s reportedly already started…

The June jobs report on Thursday could be more robust than expected due to a strong kick from the World Cup, according to Goldman Sachs.Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus from economists surveyed, which would be a step down from the sturdy 172,000 growth in May.But Goldman said private data from Homebase, a small business payroll firm, suggests that the “Beautiful Game” has had at least a modest impact on hiring, contributing about 40,000 positions last month.The firm’s latest report indicates that while the pace of hiring in June looks…

The Washington Post / Contributor via Getty ImagesFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysLinus has no interest in supporting obsolete hardware or software.While Rust is important, it’s no panacea for bad programming logic.Linux developers have adopted AI tools for maintenance work. MUMBAI — At Open Source Summit India 2026, Linux creator Linus Torvalds and his friend Dirk Hohndel discussed the current state of Linux and where it’s headed.Linux 7.1: Slow and steady, not splashyThe conversation opened with Hohndel asking about what Torvalds thought about the Linux 7.1 release. Torvalds said he doesn’t think in terms of blockbuster releases:…