Author: Money Mechanics

Key Takeaways Palantir shares plunged to lead tech stocks lower a day after the AI software maker posted record revenues that blew past analysts’ expectations and boosted its outlook.While longtime bulls said they were encouraged by the strong results, several analysts reiterated worries the stock could be overvalued. Data analytics software maker Palantir is seeing “otherworldly” growth as companies and governments clamor for its flagship Artificial Intelligence Platform, its CEO told investors yesterday. So why is its stock suffering today? Shares of Palantir Technologies (PLTR) were down 9% around $189 in recent trading, making it one of the leading decliners…

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(World Oil) – Comstock Resources Inc. reported higher third-quarter earnings on improved natural gas prices and continued strong drilling results in the Haynesville and Bossier shales, while moving forward with the sale of its Shelby Trough assets for $430 million (USD). Natural gas and oil sales, including hedging gains, rose to $335 million, generating $190 million in operating cash flow. Adjusted EBITDAX totaled $249 million, and adjusted net income was $28 million ($0.09 per share). Comstock produced 112 Bcf of natural gas in the quarter, realizing $2.99 per Mcf after hedging. Production costs averaged $0.77 per Mcfe, resulting in a…

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Key Takeaways The typical first-time homebuyer is now 40 years old, the highest on record and up from the late 20s in the 1980s.High mortgage payments, rent, and student loans have made it harder for younger people to afford what was once a milestone of adulthood. Housing is so unaffordable and younger adults are so financially stressed, most are now entering their fifth decade of life before they’re able to buy a house.That’s according to a report by the National Association of Realtors, released on Tuesday, which found the median age of a first-time buyer hit a record high of…

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Key Takeaways Housing costs vary dramatically across legendary TV towns—from $205,471 in Mount Airy, North Carolina, to $1.17 million in Pasadena, California. Retiree populations differ wildly: Mount Airy’s population is made up of 27% who are 65 and over, while Bozeman, Montana, skews younger at just 11%, meaning the availability of services for older adults and the community atmosphere varies significantly. Monthly rent spans from $949 in Mount Airy to $3,100 in Miami—a $2,151 difference that could mean an extra $25,812 annually to spend on retirement living. You’ve watched “Yellowstone.” You loved “Parks and Recreation.” You binged “The Golden Girls.” But the towns…

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KEY TAKEAWAYS At 34 days, this government shutdown is now tied as the longest in U.S. history.This year’s shutdown affects all government agencies and statistical services, whereas previous shutdowns were only partial since some agencies were funded by Congress.Several key economic reports have been delayed by the shutdown, including the jobs report, inflation data and retail sales report. It’s a government shutdown like no other. It’s the 34th day of the government shutdown that began on Oct. 1, tying it with the longest-ever government shutdown that took place in 2018. That shutdown also lasted 34 days, but wasn’t a full…

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Key Takeaways New York State is planning to offer a one-time $1,800 “BABY Benefit” to low-income parents on public assistance, funded through the fiscal year 2026 budget.Specific details on eligibility criteria and payment distribution have not yet been announced by the governor’s office.Research published by the National Bureau of Economic Research earlier this year suggests that cash payments to parents may not have an impact on child development. In New York, some new parents may be eligible to receive a one-time $1,800 benefit when they have a new baby. To be eligible, parents must receive public assistance. However, the governor’s…

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Key Takeaways Rewards cards can help build credit if used responsibly. Applying for new cards may trigger hard inquiries and lower your average credit age. High balances can spike utilization and lower your score. Earning rewards shouldn’t come at the cost of interest charges or missed payments. Managing multiple rewards cards can be beneficial if you’re organized and pay on time. Rewards credit cards offer cash back, points, or miles on your everyday purchases, but they also play a significant role in your credit health. Depending on how you manage your account, these cards can either strengthen your credit over…

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Key Takeaways Choosing a travel rewards card starts with understanding how you travel and spend money.Premium cards may offer better perks—but only if you’ll use them.It’s important to compare both earnings and redemption options when considering cards.The best card for one traveler may not suit another, so compare multiple cards against your spending habits and travel plans.  Using the right travel rewards credit card can make your trips more affordable, but with so many options available, it’s easy to feel overwhelmed. Whether you’re a frequent flyer, an occasional vacationer, or someone who’s just getting into maximizing travel perks, it’s important…

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First Advantage Debt Relief (www.FirstAdvantageDebtRelief.com) is a for-profit Debt Relief company that specializes in debt settlement for consumers struggling with unsecured credit card debt. Their Certified Debt Specialists negotiate with creditors to settle debts for less than you owe, but as with all settlement programs, it’s important to understand that this type of relief is not for everyone. Let’s take a closer look and see how it compares to New Era Debt Solutions, our top-rated company of 2025. #1 Rated Debt Relief Company in 2025? Looking for the #1 rated debt relief & settlement company in America this year? Check…

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A 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.Commercial real estate dealmaking is having a rough 2025, after gaining significant momentum coming out of the pandemic. Transactions are still happening, but they have stalled at well below pre-Covid levels. The overall dollar value of deals has grown just 5% from last year as of the third quarter, according…

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