Author: Money Mechanics

Key Takeaways Warren Buffett says that emotional intelligence is key to making wise investment decisions. Investors with patience and self-control often outperform those who follow emotion in the market. If you’ve ever bought a stock during a market boom, only to panic and sell at a loss, you already know emotions can be costly.  With recent headlines full of stock market swings, it’s natural for investors to be nervous, but Buffett has stayed calm, slowly amassing a record cash pile for potential future purchases. Why is he so steady when others panic? Buffett told those assembled at Berkshire Hathaway Inc.’s…

Key Takeaways Las Vegas, New Mexico, is an ideal location for retirees seeking natural beauty and outdoor adventure. The Santa Fe National Forest, the Santa Fe National Historic Trail, and the Gallinas River are all just minutes from the city center. This scenic small town has nine National Register historic districts with over 900 registered historic sites.With 33 hospitals in its surrounding county, accessible healthcare options are abundant.The nearest airport is the Albuquerque International Sunport, which is 110 miles from Las Vegas.  You’ve heard of Las Vegas, Nevada, but there’s actually another Las Vegas that’s a hidden gem in the southwest. Considered one…

Find out if now is the right time to put your money in a savings account. The Federal Reserve recently implemented a series of cuts to the federal funds rate. As a result, deposit interest rates are falling from their historic highs. Still, it’s possible to find high-yield savings accounts paying above 4% APY. So, if you’re looking for the best rates available today, here’s a breakdown of where to find them. Although savings interest rates are elevated by historical standards, the national average rate for savings accounts is still just 0.4%, according to the FDIC. The good news: Top…

Oil prices have fallen over the past two sessions due to several key factors. The market reacted negatively to the latest OPEC+ outlook, which now expects demand and supply to stay balanced next year instead of showing a drop in global reserves. In addition, US inventories came in much higher than expected, signaling that production remains strong under President Donald Trump. has dropped below $60 a barrel again, and sellers seem ready to push prices to new long-term lows.Oil Remains a Strategic CommodityEven though the global shift toward renewable energy continues, it appears the world will depend on oil for…

Jonathan Gray, Chief Underwriting Officer at Pool Re, the UK’s leading terrorism reinsurer, has emphasised that while its catastrophe bond activity is smaller than the traditional retrocession programme, it remains ‘absolutely central’ to the firm’s risk protection framework.Regular readers will recall that Pool Re returned to the catastrophe bond market earlier this year with Baltic III, securing £100 million (around US$130 million) of capital markets support for terrorism risk. This marked the second renewal of its landmark terrorism catastrophe bond and the third issuance in the Baltic series. In a recent interview with our sister publication, Reinsurance News, Gray underscored…

A proposed 50-year mortgage could lower monthly payments, but buyers would pay far more interest over time and build equity far more slowly. The Trump administration is considering the idea of introducing a 50-year fixed-rate mortgage as a way to make housing more affordable. But stretching a loan over five decades introduces tradeoffs that aren’t obvious at first glance. Redfin Head of Economics Research Chen Zhao says a 50-year loan can reduce the monthly payment compared with a 30-year loan—but the amount saved depends entirely on how different the mortgage rate is.  “We shouldn’t expect the interest rate for a…

After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials — specifically its revenue and compute costs over the past couple of years.   Zitron reported this week that in 2024, Microsoft received $493.8 million in revenue share payments from OpenAI. In the first three quarters of 2025, that number jumped to $865.8 million, according to documents he viewed. OpenAI reportedly shares 20% of its revenue with Microsoft as part of a previous deal where the…

(World Oil) – The Trump administration rescinded restrictions on oil drilling in Alaska’s mammoth state petroleum reserve, reversing a move by former President Joe Biden that put limits on an area holding an estimated 8.7 billion barrels. The policy reversal finalized Thursday applies to a 2024 rule that banned drilling on nearly half of the 23 million-acre National Petroleum Reserve-Alaska, a rugged landscape of tundra and wetlands roughly the size of Indiana that teems with wildlife. Biden in 2024, designated 13 million acres of the reserve as “special areas,” limiting future oil and gas leasing, while maintaining leasing prohibitions on…

Doctor holds flask with urine sample and takes a patient’s pulse; Abraham Toorenvliet (1620–1692). The Doctor’s Visit. (Photo by Jacob van Toorenvliet/Buyenlarge/Getty Images)Getty ImagesIt’s been a year since I switched from traditional Medicare to a Medicare Advantage program. How did it work out? For years my wife and I were covered by traditional Medicare and a secondary insurance plan paid by my wife’s former employer. Last year the insurance rates jumped so much that the amount we’d get was not nearly enough to cover the premiums. We would be paying $600 per month for just my premium. The amount the…

In-brief analysis November 14, 2025 Working natural gas in storage in the Lower 48 states ended the natural gas refill season (April 1–October 31) with more than 3,900 billion cubic feet (Bcf), according to estimates based on data from our Weekly Natural Gas Storage Report released on November 6. U.S. inventories are starting winter 2025–26 at about the same level as last year, the most since 2016. As of October 31, inventories are 4% above the five-year (2020–24) average after above-average injections into storage throughout much of the injection season. Natural gas inventories in the…