Author: Money Mechanics

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $59.6 billion in August, down $18.6 billion from $78.2 billion in July, revised. U.S. International Trade in Goods and Services Deficit Deficit: $59.6 Billion –23.8%° Exports: $280.8 Billion +0.1%° Imports: $340.4 Billion –5.1%° Next release: To be determined. Report delayed due to recent lapse in federal funding. (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services,…

futures continue to behave with mathematical precision as the market completes a full mean-reversion cycle from the hyperbolic peak at 4250 down to the 3997 low. This decline was not a trend failure but a highly technical rotation driven by the VC PMI AI model and the synchronized time-cycle structure that remains firmly bullish into late November and December. The high at 4250 aligned exactly with the 61.8% Fibonacci retracement, the Weekly Sell 1 zone ($4,328), and the upper boundary of the 30-day acceleration window. When multiple cycle and Fibonacci structures cluster with VC PMI Sell levels, the market typically…

The product is currently available for a limited number of Wealthfront clients who plan to buy or refinance a home in Colorado. It will expand to Texas, California and additional states in the coming months, a press release from the company confirmed. Clients can join a waitlist to express interest. Full rollout is expected in early 2026. Until then, the company will be focused on adding an improved set of features, including prequalification from the Wealthfront dashboard and preapproval in minutes for most applications. Wealthfront claims its platform reduces the cost of loan origination, allowing it to offer lower mortgage…

Roborock F25 Ultra Wet and Dry Vacuum with Steam ZDNET’s key takeaways The Roborock F25 Ultra possesses a steam function and offers four flexible cleaning modes, complemented by a competitive battery lifeIt’s equipped with top features like lay-flat technology, self-cleaning capabilities, and voice-prompted instructionsIt’s heavy in price and size, and struggles to offer seamless edge control and detail cleaning for grout. more buying choices Follow ZDNET: Add us as a preferred source on Google.It seems like everyone’s got a vacuum mop. They’ve inundated our social media feeds, spliced videos showing splashy success — sucking up cereal and milk, ketchup and…

Will Results Revive the Bull Market. This Investor Thinks So. 6 minutes ago Nvidia’s results and outlook might be good enough to re-energize the bull market, one investor said Wednesday. The company is “ground zero for the entire Artificial Intelligence build out,” Northlight Asset Management CIO Chris Zaccarelli said in emailed comments. Amid worries of a bubble, he said, “the largest technology companies in the world are extremely profitable and they are reinvesting billions of dollars into data centers, servers, and chips and the spending is real.” Investors may now have reason to revive their bullish outlooks, he wrote.“While a…

Key Takeaways Alphabet stock rose Wednesday, extending a recent rally that’s made it the best-performing member of the Magnificent 7 so far this year.Google on Tuesday released Gemini 3, the latest iteration of its flagship AI model. And Berkshire Hathaway surprised Wall Street earlier this week when it revealed a $5 billion bet on the tech giant. Alphabet has its groove back.  Shares of Alphabet (GOOG, GOOGL) were up nearly 4% in Wednesday afternoon trading, pacing the Magnificent Seven as tech stocks found some footing after days of declines. The gains put Alphabet stock up about 55% since the start…

Key Takeaways Plug Power shares tumbled Wednesday after the hydrogen fuel cell maker announced a sale of $375 million in convertible notes.The company said it will use the money to pay off debt.The stock has lost 60% of its value since hitting a 52-week high in early October. Plug Power (PLUG) shares sank Wednesday after the maker of hydrogen fuel cells announced it would sell $375 million in debt that could be converted into stock. The company said the notes would pay a rate of 6.75%, and be sold to qualified institutional investors in a private offering. Plug Power said…

Key Takeaways Target hopes AI can help it better track and respond to trends, as well as market merchandise.The retailer thinks inventory that doesn’t inspire shoppers is part of its problem, along with disorderly stores and a tough consumer environment. Target is trying a new trick for tapping trends: asking AI. The retailer is involving artificial intelligence in merchandising and marketing decisions as it tries to recapture its reputation for affordable-but-fashionable finds. Staff are using Target Trend Brain—an internal generative AI tool—to predict and respond to fads, Target (TGT) CEO Michael Fiddelke said on a conference call Wednesday. It’s also…

Medicare-related costs going up again in 2026.gettyOn November 14, the Centers for Medicare and Medicaid Services announced the premiums, deductibles and costs for Medicare Part A, hospital insurance, and Part B, medical insurance, for 2026. This is the latest that CMS has released the updates in a few years. The 2023 costs were announced on September 27 and, every year since, it’s been a little later. No doubt the government shutdown had an impact. Here’s a quick look at what you need to know as you start planning for next year. Costs That Apply to Every BeneficiaryPart B, medical insurance,…

Key Takeaways The price of the world’s largest cryptocurrency fell below its weekly low to the $88,000 level on Wednesday, Messari data show.Strategy, a big corporate bitcoin buyer, isn’t too concerned. “We’re pretty indestructible,” Michael Saylor said in an interview with Fox Business. The bumps and bruises keep coming for bitcoin. Michael Saylor says he’s unbowed. The world’s most well-known and biggest cryptocurrency is continuing to sink. On Wednesday, bitcoin (BTCUSD) set a new weekly low, falling below$89,000, according to research platform Messari. Meanwhile, crypto-linked stocks were in retreat on a tentatively upbeat day for markets: Strategy (MSTR) slid more…