Author: Money Mechanics

ZDNET’s key takeaways Thinner than similar tracker tags by some 30% 18-month battery life, rechargeable using a Qi charging pad Tough, durable, and dust- and water-resistant. Follow ZDNET: Add us as a preferred source on Google.My Camino Frances hike — well, the last 70 or so miles — starts in a few days for me and my walking buddy, and one of the things that I don’t want to happen along the way is that we lose anything important. Keys, backpacks, wallets, passports, and even coats are finder tagged. I’m an iPhone user, and so I’ve stuck AirTags onto pretty much everything…

Nationally, the average home equity line of credit interest rate remains under 8%, according to the analytics company Curinos. With the holidays looming, a HELOC can be an excellent source of cash when you need it most. According to Curinos data, the average weekly HELOC rate is 7.64%, its lowest point so far in 2025. This rate is based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio (CLTV) of 70%. Homeowners have a huge amount of value tied up in their houses — nearly $36 trillion at the end of the quarter of…

Would-be homebuyers are sitting on the sidelines, wary of economic uncertainty and still-high housing costs. A dwindling pool of supply is propping up prices.  The median U.S. home-sale price rose 2.3% during the four weeks ending November 16, the biggest increase in seven months. Sale prices are rising despite slow homebuying demand because total inventory is dwindling. Still, it’s important to note that home prices are growing slower than wages and inflation, meaning homebuying is becoming slightly more affordable.  Pending home sales fell 0.8% year over year, a modest decline but the biggest in four months. Many would-be buyers are…

Roblox CEO Dave Baszucki joined The New York Times’ Hard Fork podcast to discuss the gaming platform’s new age verification feature — but he seemed to get frustrated at the number of questions focused on child safety. The interview began with Baszucki describing the feature, which will require all users who want to submit a face scan if they want to access Roblox’s messaging features. But by the time he was asked about a report claiming the company had prioritized growth over safety, Baszucki seemed to tire of the topic, responding, “Fun. Let’s keep going down this.” And when co-host…

(Oil Price)– The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial intelligence, following a visit by Prime Minister Mark Carney in Abu Dhabi. Reuters reported the news, citing a statement by the Emirati authorities that did not feature any details on the investment agreement. Earlier reports, however, mentioned an investment pact signed by Carney and his hosts in Abu Dhabi. The pact was “a prelude to a trade agreement in any scenario that Canada has been in,” the former premier of Quebec, Jean Charest, who accompanies Carney on his UAE…

Key Takeaways On average, American workers say that they would need an additional $70,000 of household income each year to feel financially stable, according to a report by insurance company Aflac.Households earning under $50,000 per year would like an additional $48,834, on average, in annual income, while those earning over $100,000 would like an additional $86,518.Many workers report high levels of anxiety about health care costs, and almost half (44%) couldn’t cover a $1,000 health care expense out of pocket. Many Americans don’t feel financially secure. In some ways, this isn’t surprising: a rising cost of living and anxiety about…

Stay informed with free updatesSimply sign up to the Mining myFT Digest — delivered directly to your inbox.BHP has made a new approach for rival Anglo American in a move that would create the world’s largest copper producer and disrupt Anglo’s planned $57bn combination with Teck Resources. The renewed interest in Anglo came in recent days, according to people familiar with the approach, a year and a half after BHP walked away from a £39bn offer following fierce opposition from Anglo’s board. BHP’s move comes as shareholders of Anglo and Teck prepare to vote on their combination on December 9.…

Silver (SI) has entered one of the most strategically important technical configurations of the fourth quarter: a descending bear-flag correction inside a primary rising trend channel, supported by a powerful alignment of the 30-, 60-, and 90-day cycles. Although the surface pattern appears bearish, its internal structure—combined with cycle timing—suggests a high-probability bullish breakout if price closes above the critical $51.12 Weekly VC PMI level. The September–October impulse wave carried into a hyperbolic advance, culminating at the $54.415 high, a precise confluence of the Daily Sell 1, Weekly Sell 1, the 100% Fibonacci expansion, and the upper acceleration band of…

Gundlach: ‘Treasurys look vulnerable to me’ By David Enna, Tipswatch.com A few years ago, I was working in the kitchen and listening to CNBC in the background. A guest came on and talked, talked, talked about debt investments and risks. The CNBC anchors, apparently in awe, said nothing and just let him talk for 10 minutes straight. Gundlach The guy was talking sense. I thought: Who is this guy? I ran over to the TV to catch his name: Jeffrey Gundlach. That was the first time I heard of Gundlach, who is sometimes called “The Bond King.” He is the…

Actor-entrepreneur Mark Wahlberg paid $37 million for a fully furnished mansion in Delray Beach, Florida, last month. The deal piqued interest and prompted coverage from TMZ to Architectural Digest, with most of the focus on the celebrity buyer.But aside from the name recognition, the home’s skyrocketing price over the past five years also makes it stand out.The actor’s transaction in October marks the home’s fourth sale in that same time period, and a dramatic 118% price increase from its sale in January 2020 when the fully furnished mansion traded for $17 million.The grand entrance to the almost 17,800 sq ft…