Author: Money Mechanics

“Flippers face weaker selling conditions amid economic uncertainty, rising inventory and persistently high mortgage rates,” the report stated. As a result, the report found that just 26% of flippers reported good sales in Q3 2025 compared to the seasonal norm, which is down from 34% one year ago. Fix-and-flip prices declined 3.7% year over year in the third quarter, while the share of homes that sold below their expected after-repair value climbed to 21%, the highest percentage since late 2022. Flippers are cutting prices more quickly than other sellers to avoid steep holding costs. At the same time, renovation expenses…

Adrian Kingsley-Hughes/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysStarlink hardware that hasn’t been used since early 2024 needs updating. This hardware will be bricked if not updated by Nov 17. Users of affected hardware should have received an email from SpaceX. Got a Starlink dish? Not sure when you last used it? Is it sitting somewhere gathering dust? You need to read this! Because you might have until November 17 to update it, otherwise it’ll be the end of the line for it. According to a SpaceX support document, the issue affects hardware running the2024.05.0 firmware. It must be activated and pointed at…

Key Takeaways Berkshire Hathaway CEO Warren Buffett, in a letter to shareholders on Monday, said he would retain a “significant” stake in the company as a vote of confidence in his successor Greg Abel. Abel will take over as CEO at the end of this year when Buffett plans to step down after 60 years at the helm of the conglomerate. Buffett also said he was accelerating the pace of charitable donations made to his children’s foundations, to which he intends to donate the entirety of his fortune. Warren Buffett sought to allay investor concerns about his upcoming retirement in…

Key Takeaways A defense tech darling’s stock surged on Monday, Nov. 10, 2025, amid hopes that the government may reopen soon, while comments from President Trump calling for changes to healthcare payments dragged on insurers.Palantir Technologies shares powered higher, as the software firm stands to benefit if the government shutdown comes to an end.Shares of Centene and other health insurers tumbled after Trump suggested that federal healthcare money should circumvent insurers and go directly to people. A data analytics software giant got a boost from hopes that its major client, the federal government, could be on its way toward returning…

HOST: Mark Longo, The Options Insider This episode breaks down an absolutely wild Friday marked by massive options volume and a dramatic intraday market reversal. Today’s Drama: Bulls vs. Bears The Reversal: Markets (SPY/S) fought back from a sharp morning sell-off to close fractionally positive, highlighting fierce dip-buying. QQQ closed in the red. Volume Surge: Options activity blew past the Average Daily Volume (ADV) in VIX, SPY, QQQ, and IWM. Top Single Stock Action NVIDIA (NVDA): 5.5 Million Contracts. The 185 Calls ($0.66 avg.) were a massive win, closing worth over $3.00. Tesla (TSLA): Nearly 4 Million Contracts. Volume in…

Key Takeaways Redfin found that several counties at the highest risk of flooding had more people moving out than in last year. Counties around Miami, Houston, New Orleans, and Brooklyn were among those seeing the biggest outflows as rising insurance costs and flood risks drive residents away. Living in a flood-prone area can dramatically affect your finances, from higher insurance premiums to potential property value declines and repair costs after extreme weather events. Americans are voting with their moving vans on flood risk. For the first time since 2019, more people fled high-flood counties than moved to them last year,…

Key Takeaways Feelings of inadequacy can lead to lifestyle creep, overspending, or decision-making based on incomplete information about others’ finances. We’re wired to compare ourselves to others, but when used effectively, it can motivate (instead of paralyze) our financial progress. Highlight reels on social media rarely show the debt, trade-offs, or sacrifices that happen behind the scenes, leading to distorted perceptions of someone’s financial reality. Comparing savings habits, debt management, or investment consistency is far healthier than comparing possessions or lifestyles. Whether you’re swapping stories at a neighborhood barbecue or scrolling through social media, there’s a natural tendency to compare…

Key Takeaways Bullish bitcoin price targets for the year-end range from $120,000 to $200,000, suggesting upside, with analysts saying the worst of October’s derivatives-linked rout in crypto markets is in the rearview mirror.Crypto-linked stocks Coinbase Global and Robinhood got a lift Monday, while MicroStrategy is flat. The price of bitcoin is edging upward again. Its latest slide hasn’t scared off the bulls, who are out with new upbeat targets as the coin tests a recovery. The price of the world’s most well-known cryptocurrency may soon return to previous highs, Wall Street analysts say. Their 2025 outlooks for bitcoin (BTCUSD) range…

Key Takeaways Net worth is valuable as a personal progress tracker rather than a comparison tool.  Keep your debt-to-income ratio below 36%, and prioritize eliminating high-interest debt first.  Traditional retirement benchmarks suggest having 1x your annual salary saved by age 30, 3x by 40, 6x by 50, 8x by 60, and 10x by 67.  Maintain an emergency fund of three to six months of essential expenses in a high-yield savings account. Most people know how they feel about their finances—they may feel stressed, secure, behind, or ahead on their goals. However, relying on your feelings alone will not give you…

The share of college graduates earning two majors has doubled in the past decade as students seek an edge in an unpredictable job market. Double majors face significantly less earnings risk than single majors, especially when the fields are unrelated, a 2024 study by the National Bureau of Economic Research (NBER) found. Double majors have surged 100% in the past 10 years, with about 12% of 2023-2024 graduates earning such credentials compared with 6% a decade earlier, according to a new analysis from the The Hechinger Report. Meanwhile, the number of students graduating with two majors at schools like the…