Author: Money Mechanics

Key Takeaways People who received an unsolicited referral text from Cash App could receive up to $147 thanks to a class-action suit.Individuals who lived in Washington and received such a text between Nov. 14, 2019, and Aug. 7, 2025, have until Oct. 27 to file a claim. If you received an unsolicited referral text to create a Cash App account, you could receive between $88 and $147 thanks to a recent class action settlement. Cash App parent Block (XYZ) has agreed to pay $12.5 million to settle a lawsuit related to text messages sent to Washington residents through its “Invite…

(Oil Price) – Just five years ago, no one could predict the surge in electricity demand that the United States is currently experiencing because of the proliferation of data centers as AI takes center stage in the tech industry. Many, however, predicted that nuclear is due for a renaissance—and it is getting it, in both conventional form and, in the future, in small modular reactors. A lot of studies have looked into the amount of energy that AI data centers consume, and while their calculations may vary, the overall conclusion does not: AI consumes enormous amounts of electricity to perform he…

Key Takeaways Medicare open enrollment 2026 starts on Oct. 15 and ends on Dec. 7, 2025. During this time, you can switch between Original Medicare and Medicare Advantage (MA), choose a new MA plan, and/or update your prescription drug coverage.  Plan changes made during this period take effect on Jan. 1, 2026. Prepare for open enrollment by noting current plan changes, comparing new options, and tapping reputable counselors, such as licensed Medicare brokers or state navigators. If you miss this window, you might get a second chance to make plan changes during MA open enrollment or a special enrollment period.…

Key Takeaways Fitness Bank links its savings and checking account rates to your daily step average, offering unusually high yields for customers who stay active.Rates are tiered by activity level, topping out at 4.45% for savings and 5.25% for checking, with a 0.25% savings boost available when you maintain both accounts and meet the requirements.Step averages reset monthly, and customers 65 and older qualify for the same top rates with lower daily step goals. The full article continues below these offers from our partners. How Fitness Bank’s Step-Linked Rates Work Traditional banks sometimes tie interest rates to your balance size…

Key Takeaways Delta Air Lines and United Airlines are expected to report relatively strong third-quarter performance due to robust international, corporate and premium ticket sales, analysts said.Other airlines may have struggled more as consumers take fewer domestic flights in the main cabin, analysts said. Delta is slated to be the first airline to report third-quarter earnings this Thursday. Its results may also be the best in the industry, analysts say. “Premium” carriers that rely more on international and first-class tickets, such as Delta Air Lines (DAL) and United Airlines (UAL), are performing well, analysts said. Meanwhile, budget carriers are seeing…

Financial abuse in the U.S. is a $37 billion a year problem. Clever thieves, using every imaginable trick, get aging parents to do things that result in thefts. AI is making it worse! Now voices of family can be cloned and used by predators to get a grandparent, for example, to think a grandchild is in financial trouble. Fake images can be sent in emails. Family vigilance is ever more important to keep aging loved ones financially safer.Clever scammers can steal fastNurPhoto via Getty ImagesWhen Should You Do Something?Here at AgingParents.com, we’re in the advice business. Family members seek consultations…

Key Takeaways Rocket Lab shares took off as the satellite launch provider signed a multi-mission contract with Japan’s iQPS, a satellite manufacturer and operator.Rocket Lab also announced its launch window for the next trip for Synspective, another Japanese satellite company. Shares of Rocket Lab (RKLB) traded at a record high when the satellite launch provider announced details about several planned missions. The company said it just signed another multi-launch contract with Japanese satellite manufacturing and operating firm Institute for Q-shu Pioneers of Space (iQPS) to deploy iQPS’s commercial Earth-imaging constellation. The three trips by Rocket Lab’s Electron rocket, planned for…

Warren Buffett’s Berkshire Hathaway Inc. (BRK.A, BRK.B) is the single largest private holder of U.S. Treasury bills, surpassing even the Federal Reserve’s own holdings. As of the end of the first quarter of 2025, Berkshire controlled about $305 billion in Treasury bills, while the Fed’s holdings had dropped to $195 billion. This shift reveals much about Buffett’s take on today’s investment climate. What Are Treasury Bills and Why Do They Matter? Treasury bills (T-bills) are short-term debt securities issued by the U.S. government, with maturities ranging from four weeks to one year. They pay no periodic interest but are sold at a…

Key Takeaways Major U.S. equities indexes climbed Wednesday as enthusiasm for artificial intelligence stocks boosted the tech sector.Nvidia’s CEO said in an interview with CNBC that demand for AI has grown “substantially” this year, and shares of the chipmaker rose. Advanced Micro Devices shares added to their recent rally in the wake of a massive deal with OpenAI. Major U.S. equities indexes climbed Wednesday as enthusiasm for artificial intelligence stocks boosted the tech sector. The Dow, S&P 500, and Nasdaq all gained. Nvidia (NVDA) shares rose after CEO Jensen Huang said in a televised interview with CNBC that AI demand…

After remaining sideways to marginally lower for an extended period, QuantumScape (QS) has skyrocketed by 312% in the last six months. Recently, QuantumScape had two key announcements that have accelerated the stock upside. First, QuantumScape and PowerCo SE showed off its solid-state batteries in a Ducati demo motorcycle at IAA Mobility. This marks an important step towards commercialization. Further, QuantumScape and Corning (GLW) announced an agreement for ceramic separator development and commercialization. These announcements have translated into significant price action, but valuation is a potential concern. QuantumScape, headquartered in San Jose, California, is focused on the development and commercialization of…