Author: Money Mechanics

Earlier in the week, we looked at the upcoming DuPont electronics business spinoff and what investors are getting with the new Qnity Electronics, which has a strong foothold in the semiconductor industry. Now, here is a look at what will be left of the new DuPont after the planned Nov. 1 split and the stocks starting to trade separately two days later. With electronics out of the picture, the new DuPont will focus on four key markets: health care, water, and diversified industrials. The revenue split is about 25% health care, 24% construction, 22% water, 16% industrials/aerospace, printing and packaging,…

TechCrunch Disrupt 2025 takes place October 27-29 in San Francisco’s Moscone West, and exhibit space is nearly full. With less than two days left to secure your table, now is the time to step in before a competitor takes your place. Showcase your brand to 10,000 founders, investors, media, and tech leaders on the hunt for the next breakthrough. Build a year’s worth of connections in just 3 days. Generate hot leads. Capture investor attention. If your work is making waves, your vision excites, or your team is ready to grow, this is your moment to shine at one of…

Key Takeaways Salesforce shares rose in premarket trading Thursday after the software maker issued a better-than-expected long-term sales outlook.The stock looks set to open around the 50-day MA after the company’s upbeat revenue outlook, potentially setting the stage for a breakout from a descending broadening formation.Investors should watch critical overhead areas on the Salesforce chart around $270 and $290, while also monitoring support levels near $230 and $212. Salesforce (CRM) shares gained ground in premarket trading Thursday after the software maker issued a better-than-expected long-term sales outlook. The company said it expects revenue to surpass $60 billion in 2030, comfortably…

KEY TAKEAWAYS Large U.S. banks surpassed earnings expectations with their third-quarter financial results.The major financial institutions enjoyed higher revenues from dealmaking and asset management as the U.S. stock market continued surging.Some bank executives cautioned against complacency, though, in an uncertain environment. Large U.S. banks, reveling in a market-friendly environment, surpassed third-quarter revenue and earnings expectations this week. At the same time, they emphasized that geopolitical uncertainty requires vigilance to ensure the good times last. With a frothy stock market boosting dealmaking, corporate lending and returns on asset management and trading, banks ranging from JPMorganChase (JPM) to Wells Fargo (WFC) topped…

Four Biggest US Airlines Look Unlikely to Make Money Flying Passengers This Year 58 minutes ago It’s not looking good for any of the major U.S. airlines to actually make money flying passengers in 2025. United Airlines (UAL) reported third-quarter results after the bell yesterday, and through nine months of 2025, it has produced higher cost per available seat mile (CASM) than passenger revenue per available seat mile (PRASM). Like the other major U.S. carriers, United Airlines has higher expenses than passenger revenue per available seat mile. Justin Sullivan / Getty Images With PRASM of 16.00 cents but CASM of…

Buying a home is an emotional roller coaster. You learn a lot about yourself, your needs, and a whole lot more along the way. So, let’s set the scene.It was the summer of 2021. We were growing tired of renting, so we decided to try buying a home. However, there was a problem: Where we lived in Florida, we couldn’t get a shack for under $500k.Instead, we moved to the Midwest, where our money went quite a bit further. We bought a home built in 1985 that was a capsule in time. Thanks to my in-laws, we were able to…

Calls for the Federal Reserve to cut interest rates have been growing louder, and the central bank has now acted.On September 17, the Fed reduced its benchmark rate by a quarter of a percentage point, its first cut since December, citing concerns about a weakening labor market.This, among other recent economic developments, has sparked a debate about whether the Fed’s 2% inflation target is still appropriate. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice on…

Editor’s note: This is part four of a four-part series exploring financial fact vs fiction. Each article examines five of the top 20 most common financial myths — from investments to retirement and Social Security to life insurance. Parts one, two and three — This Roth Conversion Myth Could Cost You, Why Your ‘Magic Number’ Isn’t Actually Magical and Why Inflation Is Lower, But Prices Are Not — covered the first 15.We’ve come to the fourth and final installment of our deep dive into the top 20 most common financial myths.Throughout this series, we’ve examined a wide variety of topics,…

Two-thirds of dog owners and 80% of cat owners said they took their pets on a flight at least once in the previous year, according to a recent survey from the American Pet Products Association (APPA). Nearly a third said they’d taken their pets with them on three or more trips in that time.The good news is that flying with your pet is relatively safe. Among all major airlines required to report animal losses, injuries or deaths to the Department of Transportation, there were just 13 incidents in 2024. With a total of 161,335 animals transported, that’s a less than…

If you’re interested in purchasing gold through gold mutual funds, we can’t say we’re surprised. The yellow precious metal is enjoying one of its greatest breakouts of the past century.After several attempts to make a sustained run above the $2,000-per-ounce mark over the years, it finally broke through in 2024, then sailed past the $3,000 mark earlier in 2025. More recently, it cleared the $4,000 price level.That’s roughly a doubler in less than two years’ time, and nothing generates more new-investment buzz than an all-time heater. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor.…