Author: Money Mechanics

No one is perfect. We don’t always get it right on the first try — on the golf course or in retirement.According to one legend, Canadian golfer David Bernard Mulligan once hit a bad tee shot, re-teed and jokingly called it a “correction shot.” His friends embraced the term, and the “mulligan” was born.Many retirees wish they could do the same. For example, 62% of retirees would like to go back and plan differently for retirement, a Lincoln Financial Group survey found. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is research director of the Centre for Social Justice, a think-tankThe launch of the John Lewis Christmas advert is slowly becoming as much part of the national calendar as Wimbledon and Trooping the Colour, and this year’s tear-jerker is a classic of the genre.Its beating heart is the repairing of a relationship between a father and son. As a father of teenage boys, it hits hard. But it has surprised me how many mothers have sent it to me —…

Key Takeaways Adults are a growing audience for toy and game companies, which are catering to them with products that nod to popular movies and bands from the ’80s and ’90s.Social media and packaging that masks which version of a product a shopper is buying have fueled the phenomen, as have hot markets. Do you remember the good old days? Game and toy makers are counting on it. Companies are embracing their adult customers, announcing releases that evoke nostalgia for cultural touchstones of the ’80s and ’90s. Nintendo is reviving games designed for the tabletop Virtual Boy console. Lego is…

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. What keeps CFOs awake at night? It very much depends on the CFO. Asked to select their three biggest current challenges from a long list of options, U.S. finance chiefs surveyed by professional services firm Jefferson Wells cited profitability as their overall top concern. At least, some of them did. About a third (34%) of the 184 participating CFOs, polled in September, placed the bottom line among their top three concerns. “CFOs clearly expressed their increased focus on profitability in…

Thank you, I really appreciate the opportunity to speak to you today.1 I am excited to be discussing stablecoins. This innovation has been unfairly treated as a pariah by some, but stablecoins are now an established and fast-growing part of the financial landscape. Putatively, stablecoins were originally intended to facilitate holding and trading cryptocurrency. But their proliferation has been aided by providing users with a stable store of value, a means of payment, and the ability to move capital quickly, irrespective of territorial borders. Demand for dollars continues to be strong, so it’s no surprise that a more efficient means…

The World Bank has announced today that following the events of Hurricane Melissa, the Government of Jamaica will receive a full 100% payout of its $150 million IBRD CAR Jamaica 2024 parametric catastrophe bond.Recall that the World Bank facilitated and supported the issuance of Jamaica’s $150 million IBRD CAR Jamaica 2024 parametric catastrophe bond. As we reported on November 1st, just days after Melissa made landfall in Jamaica, the World Bank indicated that a payout of the country’s catastrophe bond was likely. “Analysis carried out by third-party calculation agent, AIR Worldwide Corporation, concluded that Hurricane Melissa reached pre-agreed parametric triggers qualifying for a…

Key Takeaways Researchers found that the quality and timing of a graduate’s first job explain most of the earnings gap between low- and high-income students five years after college. Lower-income graduates are more likely to land in lower-paying firms and earn about 12% less five years out, even after accounting for grades, major, and college. Graduates who secure a reliable job before or soon after graduation and stay at least two years earn thousands more later on. New research from Columbia University and the National Bureau of Economic Research reveals a troubling pattern: your first job after college can lock…

(World Oil)– Mach Natural Resources LP reported steady third-quarter 2025 results, highlighting production growth, new well success, and disciplined capital spending. The company averaged 94,000 boed, generated $273 million in total revenue, and reported Adjusted EBITDA of $124 million for the quarter. The quarter included the closing of two acquisitions in the Permian basin and San Juan basin on Sept. 16, expanding Mach’s scale and operational footprint. “These transactions have transformed our scale and operating footprint while remaining fully aligned with the disciplined strategy that has guided Mach since inception,” said Tom L. Ward, CEO of Mach Natural Resources. Mach achieved…

Key Takeaways Take-Two Interactive on Thursday delayed the launch of its next high-profile “GTA” game until November 2026.That news appears to have overshadowed some upbeat financial projections from the company, dragging on the stock today. Some of the biggest video-game news of the season is about a game that isn’t even expected this year—though it was once. Shares of Take-Two Interactive (TTWO) on Friday fell 8%, putting it among the S&P 500’s bigger decliners, following last night’s news that the company will postpone the release of one of the industry’s highest-profile games—the sixth installment in the “Grand Theft Auto” series—until…

October HighlightsIn October 2025, Cboe FX recorded a monthly Spot Average Daily Volume (ADV) of $51.8 billion, a 20.9% increase from October 2024 ($42.8 billion).Cboe SEF ADV1 topped $3.4 billion in October, its second highest monthly ADV on record and a 118.2% increase from October 2024 ($1.5 billion).At $18.9 billion, Cboe FX ECN Firm ADV2 accounted for 51.7% of the Spot ECN total, second only to April 2025 ($22.4 billion), and a 34.0% increase from October 2024 ($14.1 billion).Cboe FX Spot Full Amount reached an ADV of $15.2 billion in October, a 15.1% increase from October 2024 ($13.2 billion).Cboe’s U.S.…