Author: Money Mechanics

Article published at 9:30 a.m. CTJJ Kinahan is Senior Vice President, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:Samsung says it expects strong 2Q growthTech investors worry about AI spending spreeVIXN is up 43% on the year In the on-again, off-again rotational trading episodes that have defined much of the movement through the top three major indices in recent weeks, the spin is back on technology stocks. Chip stocks are tumbling in the early going today after taking over market activity yesterday, pushing all three to the upside, even if was just barely.But…

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“Barry,” a reader in Reno, Nevada, was “losing hair over this,” he said on a phone call describing the mess he and his former fiancée are in.”Five years ago, planning to be married, ‘Christy’ and I bought a home with acreage in the country. But I admit I was a jerk and kept putting off marriage until she grew tired of my excuses, so we broke up. Both of our names are on the deeds, but only my name is on the loan, and she will not agree on a sales price.”I paid for an appraisal and was given an…

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Last summer’s tax law changes introduced new floors on charitable deductions for high earners. In response, donor-advised fund (DAF) contributions surged.According to the Wall Street Journal (paywall), new accounts rose 123% at National Philanthropic Trust and nearly doubled at Vanguard Charitable in the final months of 2025, as donors moved appreciated assets into tax-advantaged vehicles at historic valuations.Today, more than $326 billion sits in DAFs — capital explicitly set aside for public good but not yet deployed. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to…

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Total market bond funds offer competitive yields, but do they belong in your portfolio?Often complex and misunderstood, these funds encompass more than basic bond investments; they vary in structure, management approaches and risk characteristics.Active management in the bond market presents unique challenges, as managers must carefully navigate duration and credit exposures to outperform benchmarks, often by adjusting duration or targeting higher-yield corporate bonds. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit…

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A major tax question surrounding new Trump Accounts has now been answered by the IRS.The federal tax agency recently issued guidance clarifying how contributions to the children’s savings accounts will be treated for federal gift tax purposes. This clarification comes as the accounts officially launched on July 4 with a full-court press on July 6.Here’s more of what you need to know. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and…

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If one thing is unique about military retirement, it’s that retirement for most service members means finding another job, since most retire in their 40s. That’s just the tip of the iceberg. Active duty personnel, who have worked in a much different professional and financial environment than most Americans, must master new, usually more expensive, benefits and work life.”I wish there was a better word for it … ‘career shift’ or something else, not calling it ‘retirement,’ because for most people, that is definitely not what it is,” says Kate Horrell, a Navy spouse and financial counselor who specializes in…

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Miranda Yaver is an assistant professor of health policy and management at the University of Pittsburgh and author of Coverage Denied. Here, she speaks with Kiplinger Personal Finance Magazine about why coverage gets denied and what you can do about it. Kiplinger: Your new book, Coverage Denied, shines a light on health insurance claims denials. How common is this issue, and what led you to tackle it?Yaver: When I was starting out with new health insurance as a research fellow after getting my doctorate, many of my routine claims for diagnostic tests and prescription drugs were denied. I was overwhelmed…

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Thank you for the opportunity to join you today to discuss the Financial Stability Board’s (FSB) consultation report on Sound Practices for Responsible Adoption of Artificial Intelligence.1 Both Federal Reserve staff and staff from the FSB Secretariat are eager to consider and incorporate feedback on the consultation report so that we can finalize the report later this year as a U.S. G-20 deliverable. Before offering a few thoughts about the report itself, I want to thank Hern Shin Ho from the Monetary Authority of Singapore. Hern Shin led the FSB work stream that produced this report in a very compressed…

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Swisscanto Asset Management International S.A. has launched its first UCITS catastrophe bond fund under Luxembourg Law, the Swisscanto (LU) Bond Fund Cat Bonds, debuting with just over US $25 million in assets under management (AUM).According to the announcement, the fund will invest exclusively in standardised, tradable cat bonds to provide qualified investors with focused, liquid, and transparent access to insurance risk premiums. The strategy is embedded in the risk and governance framework of Zürcher Kantonalbank, Switzerland’s second-largest asset manager and the investment manager for Swisscanto funds. The fund will be run by a dedicated cat bond team led by Senior…

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PARIS, FRANCE – JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France. Li Yang | China News Service | Getty ImagesEurope wants to narrow its record trade deficit with China by October, but the bloc’s worst-ever heat wave is driving unprecedented demand for imports of Chinese-made air conditioners, a telling tale illustrating how hard it will be for Brussels to address the trade imbalance.The European Union and China released a rare joint statement on Monday aimed at balancing trade between the two economies and addressing…

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