Author: Money Mechanics

Key Takeaways Software development jobs require the most skills likely to be transformed by artificial intelligence (AI), according to a report from Indeed. Childcare roles, on the other hand, will be disrupted the least, the report found. Workers can better equip themselves for an AI-powered workforce by taking the time to invest in skills like prompt writing, one economist said. Generative AI is coming for your job. Well, pieces of it, anyway.  Here’s how you can use that as an opportunity to equip yourselves with skills that will make you more attractive to employers, say experts. Is AI Coming For…

Marriage offers a financial reset and a rare chance to update your health insurance and employer-sponsored benefits outside of open enrollment. As a qualifying life event, it gives you a 30- to 60-day window to compare plans and choose the one with the best coverage at the best price.  It’s also the perfect time to review retirement accounts, update beneficiaries on existing accounts and life insurance policies, and get quotes for car insurance to unlock multi-car discounts. By reviewing your coverage and making changes early, you’ll start your marriage with a clear plan and aligned financial goals. Key Takeaways Marriage…

The dollar index (DXY00) recovered from early losses on Thursday and finished up by +0.11%.  Hawkish Fed comments on Thursday sparked short covering in the dollar after Dallas Fed President Lorie Logan and Chicago Fed President Austan Goolsbee said the Fed should be wary about additional interest rate cuts. The dollar initially moved lower on Thursday as the US government shutdown entered its second day. Also, signs of weakness in the US labor market are bolstering the outlook for the Fed to cut interest rates at the October 28-29 FOMC meeting and are undercutting the dollar after Thursday’s report from private…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. October 03, 2025 Federal Reserve Board announces approval of application by Huntington Bancshares Incorporated For release at 11:45 a.m. EDT The Federal Reserve Board on Friday announced its approval of the application by Huntington Bancshares Incorporated, of Columbus, Ohio, to acquire Veritex Holdings, Inc., and thereby indirectly acquire Veritex Community Bank, both of Dallas, Texas. For media inquiries, please email [email protected] or call 202-452-2955. Last Update: October 03, 2025 Source link

Bitcoin broke above $120,000 this week, gaining 7% and ending its bearish trading phase. Heavy inflows into spot ETFs and rising institutional interest continue to support Bitcoin’smomentum. Technical outlook shows potential pullback to $116,500 before testing higher targets near $125,500–$132,000. Looking for actionable trade ideas to navigate the current market volatility? Subscribe here to unlock access to InvestingPro’s AI-selected stock winners. surpassed a critical resistance point in this week’s bullish trend and strengthened the market outlook by surpassing the $120,000 level again after weeks. The cryptocurrency, which recorded a value increase of up to 7% on a weekly basis, thus…

Andriy Onufriyenko/Getty ImagesFollow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeaways The AI boom has fueled hefty investments in software companies.Yet, not all software companies are seeing the same boost. Investors favor companies providing infrastructure for AI solutions.Billions of dollars are flowing into artificial intelligence companies such as OpenAI and Anthropic, yet investors in software firms that should also be well-positioned to benefit from the AI boom have largely been left on the sidelines.Cloud-based company Salesforce is down 28% year to date, closing at $240.36. Adobe is down 21% ending at $346.74. And a Morgan Stanley basket of SaaS…

KEY TAKEAWAYS Gold isn’t the only precious metal whose value has soared in 2025.Prices for silver and platinum also have surged in an uncertain market and economic environment.Factors underpinning demand for all three metals could persist for some time. The price of gold, a commodity on track to post its highest yearly return in almost a half century, has surged this year. But other precious metals have joined the ride, as well. In fact, prices for silver and platinum have surpassed gold’s strong rally. Silver closed September at its highest value in history, and platinum has outpaced both of its…

Getting married does not impact your individual credit score or merge your credit history with your spouse’s. However, joint credit cards or loans opened during marriage can affect both spouses’ credit. Understanding how credit works after marriage can help you avoid financial surprises and set you up for success as a couple. Key Takeaways Your credit stays separate from your spouse’s after you get married, but joint credit accounts affect both spouses’ credit. Making your spouse an authorized user can improve weak credit. Community property laws may affect legal responsibility for debts, but not how they appear on your credit…

At its most basic level, a share represents partial ownership in the future profits and assets of a company.As we noted in a recent post, companies have three main ways to use surplus cash flows:Reinvest those profits back into the business.Return profits in the form of a dividend.Return profits in the form of a buyback.Today we are going to focus on dividends. We will show how payment of a dividend affects share prices and look at what kinds of companies are more likely to pay dividends. Chart 1: A company’s aim is to earn profits, which they can reinvest or return…

Key Takeaways The Supreme Court is scheduled to hear at least two cases in its upcoming term that have major implications for the economy.One case will determine whether Trump’s far-reaching campaign to raise import taxes is legal.Another case will determine Trump’s ability to remove leaders at the Federal Reserve, and therefore the extent of his influence on the central bank’s monetary policy. The Supreme Court is scheduled to hear at least two cases in its upcoming term that will have major implications for the economy.The high court will decide the fate of the sweeping import taxes President Donald Trump imposed…