Author: Money Mechanics

Key Takeaways Genisys Credit Union’s 6.75% APY stands out not just for its stellar rate, but for easier-than-usual requirements to qualify.With the Fed expected to cut rates soon, earning more on your cash now can help your savings outpace inflation and hold onto real value.Even if debit card requirements aren’t for you, plenty of other high-yield options can help your money beat rising prices. The full article continues below these offers from our partners. How This 6.75% Account Works—and What It Takes To Qualify High-yield checking accounts often pay more than even the best savings accounts because they ask you…

(Oil Price)– Valero Energy Corporation (NYSE: VLO) easily beat analyst forecasts of third-quarter earnings as refining margins surged by 44% from a year earlier, exceeding the average increase in U.S. refining margins. Valero reported on Thursday an adjusted net income of $1.1 billion, or $3.66 per share, for the third quarter of 2025. This compares to $371 million, or $1.16 per share, in net income for the third quarter of 2024. The $3.66 per share income easily beat the $3.05 consensus estimate for EPS in the Wall Street Journal. The refining giant’s refining margin per barrel of throughput surged by 44% to $13.14 between…

Key Takeaways Market cap measures the total value of a cryptocurrency and reflects its size in the market.Trading volume shows how much a crypto is being bought and sold—and how liquid it is.Price trends reveal short- or long-term momentum, but can be misleading without context.Understanding all three metrics together can help you better interpret market signals.Bigger doesn’t always mean better—and popularity doesn’t always mean stability. Cryptocurrency prices move fast—but to understand what’s really happening in the market, you need more than just the latest number. Market cap, trading volume, and price trends are three key indicators that offer insight into…

Key Takeaways Vibe coding lets you build apps by telling AI what you want, all in plain English.Teens who get early practice coding with AI could be tomorrow’s tech leaders.Young creators are already using AI to make games and apps in school clubs and at home. Alexandr Wang, a 28-year-old billionaire who co-founded Scale AI and now serves as Meta’s Chief AI Officer, recently said that 13-year-olds should spend all of their time vibe coding. But what exactly is vibe coding and why is it suddenly everywhere, from TikTok to tech conferences? Here’s a primer on vibe coding, and why…

Key Takeaways A casino stock surged on Thursday, Oct. 23, 2025, as its recent investments began to pay off, while a health insurer came under pressure amid rising medical costs.Las Vegas Sands stock gained ground after the casino operator beat quarterly estimates and raised its dividend.Shares of Molina Healthcare tumbled as the insurer’s medical cost ratio climbed, reflecting increased expenses from its government-sponsored plans. A casino, hotel, and resort operator touted benefits from recent projects in Asia as factors behind its strong quarterly performance, and its shares powered higher. Meanwhile, a health insurer’s stock plunged after the company reported increasing…

It was a choppy start to Thursday’s session, but stocks stabilized by mid-morning. Earnings season continues to drive price action, though market participants are anxious to see the delayed release of the September Consumer Price Index (CPI) report, which is due out tomorrow morning.At the close, the blue-chip Dow Jones Industrial Average was up 0.3% at 46,734, the broader S&P 500 was 0.6% higher at 6,738, and the tech-heavy Nasdaq Composite had gained 0.9% to 22,941.Honeywell (HON) emerged as the best Dow Jones stock today, rising 6.8% after the industrial conglomerate reported higher-than-expected third-quarter earnings and revenue thanks to strong…

Safe Withdrawal Rates for Every Investment Horizon, From 3 to 50 YearsThis article draws heavily on Bill Bengen’s new groundbreaking safe withdrawal rate research and references his latest updates. Bill was kind enough to review the article and his insights are included. Bill is widely recognized as the originator of the “4% rule” and nearly every academic paper, financial-planning article, and media piece on retirement withdrawal rates references his work. Bill now unveils his updated safe withdrawal rate for a 30-year investment horizon* — increasing it from 4.0% to 4.7%. The increase from 4.0% to 4.7% stems primarily from Bill’s…

KEY TAKEAWAYS This year’s rally in gold paused this week as some investors reaped the rewards of profits they have made.Analysts, though, remain bullish that demand for gold will persist.That would be good news for gold miners, whose shares have soared this year. The year-long rally in the price of gold paused this week as some investors cashed in and trimmed their exposure to the precious metal. Nevertheless, analysts say the structural demand that has underpinned gold’s surge remains in place. Gold fell 6% Tuesday, suffering its biggest one-day drop in 12 years and its largest one-day dollar decline ever.…

Key Takeaways The Mortgage Bankers Association said that mortgage rates could be as high as 6.5% at the end of 2026, while Fannie Mae projections show rates as high as 5.9% at that time.That would mean an extended period of elevated mortgage rates not seen in more than two decades.Experts have predicted mortgage rates need to fall to 5.75% to bring buyers back into the housing market. The Fed is poised to cut interest rates again next week, but it may not matter much for the housing market. Recent projections show that mortgage rates are likely to stay high through…

It’s okay if you miss work after retiring — even Michael Jordan does. The GOAT of basketball hung up his sneakers over twenty-one years ago, but he still wishes he could take a ‘magic pill,’ suit up, and hit the court.The six-time NBA champion knows a lot about retirement. He retired twice, in 1993 and 1999, and as a result, he’s espoused a lot of wisdom over the years. From how he spends his time to the things he misses most, here are four memorable things Jordan has said about retirement.Four Michael Jordan wisdoms on retirement life (Image credit: Getty…