Author: Money Mechanics

Key Takeaways In a Monster survey, nearly 80% of workers said they’ve been ‘career catfished’ into jobs that didn’t match what was promised, while 13% admitted to misrepresenting themselves to employers.One expert recommends addressing job description discrepancies with your boss before deciding whether to find a new job.For employees, avoiding ‘catfishing’ can mean being honest about your own skills and not exaggerating your work experience. Have you ever been excited to start a new job only to find out a few weeks later that it’s completely different than what you expected? You may have been ‘career catfished’. ‘Career catfishing’ is…

Stay informed with free updatesSimply sign up to the Technology sector myFT Digest — delivered directly to your inbox.The writer is a fellow at Stanford’s Hoover Institution and author of ‘Breakneck: China’s Quest to Engineer the Future’ Each month brings fresh indications that China is catching up with the US on the development of artificial intelligence. At the end of 2024, the Chinese start-up DeepSeek decisively demonstrated that Silicon Valley possesses no monopoly on frontier models. It’s large language AI model was shown to achieve a comparable performance using far fewer chips than those of the US. In the wake of…

KEY TAKEAWAYS Delta Air Lines’ third-quarter results blew past analysts’ estimates, and the carrier raised its full-year outlook. Delta’s results, the first by a major airline this earnings season, drove its shares as well as those of rivals United Airlines and American Airlines higher Thursday. Delta Air Lines (DAL) reported record third-quarter revenue and issued a rosy outlook, driven by higher premium and corporate travel sales. The air carrier’s stock jumped over 6% following the news, making it one of the S&P 500’s best-performing stocks Thursday. Shares of rivals United Airlines (UAL) and American Airlines (AAL) also rose. Delta posted…

You may find that your most fruitful tax breaks aren’t hiding in itemized deductions — but they may be waiting for you after age 65.Data from the IRS shows that 90% of taxpayers choose the standard deduction over itemizing at tax time, including retirees.But where do you start? When federal tax breaks, like the deduction for medical expenses, are disallowed for non-itemizers, claiming the standard deduction can seem counterintuitive. 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…

The pricing dispute between BHP Group and China’s state-run iron ore buyer, China Mineral Resources Group (CMRG), may extend into early 2026, reported Bloomberg, citing sources with knowledge of the matter. Negotiations between the two parties have stalled, leading to concerns about the impact on one of BHP’s key trading relationships. Despite the ongoing dispute, BHP has faced minimal disruption to its shipments to China as the company has already fulfilled most of its iron ore allocation for November and December. Following CMRG’s order to halt purchases at the end of last month, BHP offered approximately 50 cargoes to international…

In-brief analysis October 9, 2025 We estimate crude oil inventories in China increased by about 900,000 barrels per day (b/d) between January and August this year, essentially acting as a source of demand by removing barrels from the global markets. The stock builds in China limited the downward price pressure we would otherwise expect to see with growing inventories, keeping the Brent crude oil spot prices in a relatively tight range around $68 per barrel (b) in the second and third quarters of 2025. We estimate global petroleum inventories rose by an average of 1.8…

The sunset is reflected in the windows of the US Capitol as a man runs on the National Mall in Washington, DC, on October 1, 2025, the first day of the US federal government shutdown.Andrew Caballero-reynolds | Afp | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.When the government shuts down, real estate watchers tend…

Key Takeaways CDs offer a fixed rate of return, creating a low-risk source of passive income for your retirement. CD yields are still excellent, despite recent rate cuts. Investing in a top-earning CD before the Fed lowers rates further can help you take advantage of the current high yields. Shop around to make sure you get the best rate possible. Know the risks that come with CDs, including liquidity risk, opportunity cost, and reinvestment risk. The full article continues below these offers from our partners. Being close to retirement often means changing your lifestyle, spending habits, and investments. Since your…

Key Takeaways More than half of early retirees in Gen X are considering “unretiring” for a variety of financial, social, and emotional reasons. Before you retire early, meet financial milestones that include being debt-free, having multiple income sources, and having enough savings to cover healthcare expenses before you can access Medicare. Retirement can be socially isolating. Part of being ready for early retirement includes having strong social connections, a plan to structure your time, and activities that give you a sense of purpose. If you’re thinking of retiring early, how much you have saved is important, but it’s not the…

KEY TAKEAWAYS PepsiCo posted quarterly earnings ahead of estimates and announced a new chief financial officer Thursday.The beverage maker said Steve Schmitt, chief financial officer for Walmart’s U.S. unit, will take over as CFO from Jamie Caulfield effective Nov. 10. PepsiCo (PEP) posted quarterly earnings slightly ahead of analysts’ expectations and announced a new chief financial officer Thursday. The maker of Pepsi soda and Doritos chips posted adjusted earnings per share of $2.29 on revenue that rose 2.7% year-over-year to $23.94 billion for the third quarter. Both figures topped analysts’ projections compiled by Visible Alpha, thanks in part to strength in…