Author: Money Mechanics

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Markets were buoyed on Monday by news of another AI tie-up: Amazon promising to deliver $38bn in AI computing capacity to OpenAI over seven years. It makes sense to us that Amazon’s shares rose 4 per cent on the deal. But shouldn’t some of Amazon’s competitors…

Gold consolidates below $4000 as the Dollar Index strengthens above the 200 Day SMA. Chinese Central Bank PBoC slows Gold purchases as tax policy changes dampen demand. Optimism in the US-China trade deal reduces safe-haven demand for Gold. Data vacuum creates uncertainty about economic conditions. Price stability below the key resistance $4030 pauses the gold rally. The strong and one-sided bullish rally in that recorded an all-time high of $4380 was spectacular, historic, and stubborn, with literally no pullback and extremely overbought conditions on higher time frames. RSI on the monthly time frame was screaming at 92+ as the momentum…

The holidays are on the way with Black Friday just a few weeks away. Retailers like Amazon, Best Buy, and Walmart have been amping up the savings with serious seasonal sales — and the month of October — which ushered in early offers — was packed with them. No matter the time of year, ZDNET’s team of expert product testers and editors is searching through all of the best deals coming and going to help you find the best value on all the products you want (and those you didn’t know you needed). Now, we’ve gotten some data that shows what items ZDNET…

(Investing) – ABU DHABI  -Executives at two of Europe’s top gas suppliers,  and QatarEnergy, on Monday warned they could stop doing business with the European Union if it does not significantly loosen a sustainability law that could impose fines of 5% of their global revenue. Exxon CEO Darren Woods told Reuters on the sidelines of the ADIPEC meeting in Abu Dhabi that the EU’s Corporate Sustainability Due Diligence Directive would have “disastrous consequences” if adopted in its current form. The directive requires companies doing business in the bloc to address human rights and environmental risks across their supply chains, and aims to…

Editor’s note: This is the fifth article in a step-by-step guide for getting your financial house in order. We’ve already brought you information on compiling your net worth statement, reviewing asset titling and beneficiary designations, the importance of powers of attorney and wills, trusts and related documents. For October, we’re addressing how to talk to your agents, beneficiaries and other relevant parties about their roles and responsibilities. Getting your estate plan and financial house in order is a major accomplishment, but it doesn’t end when the documents are signed.One of the most important — and often overlooked — steps is…

There is a great benefit in having a family doctor and lawyer who build strong, lasting relationships, often with several generations of the same family.The result is more personalized, effective health care and prompt access to legal representation.However, there is one particular upsetting frustration that can be a matter of life or death — or the result can be seeing your nervous client walk into the office holding a lawsuit they were just served with. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit…

Key Takeaways The electric vehicle company has launched a media blitz, asking shareholders to approve a trillion-dollar pay package for its CEO or risk losing him.Another proposal, with a vote due this week, asks for board authorization to invest in xAI, the Musk-founded company that developed AI-assistant Grok and owns social media platform X. Tesla wants to make Elon Musk, the world’s richest person, even richer. Again. The electric-vehicle company, which aims to pivot into AI and robotics, is set to hold its annual shareholder meeting on Thursday; Its board is asking investors to vote for a plan that includes…

NEW YORK (AP) — More gains for Nvidia, Amazon and other AI superstars propped up Wall Street on Monday. The S&P 500 rose 0.2% and pulled closer to its all-time high set last week, even though the majority of stocks in the index sank. The Dow Jones Industrial Average dropped 226 points, or 0.5%, and the Nasdaq composite climbed 0.5%. Nvidia was the strongest force lifting the S&P 500, just like it has been for the year so far. The chip company rose 2.2% to bring its gain for the year to date to 54.1%. Amazon was the No. 2…

Having made its insurance-linked securities (ILS) grant scheme more restrictive back in 2023, to only offer the grant to catastrophe bonds or ILS covering regional risks from Asia Pacific, Singapore is reversing that move and expanding the ILS grant offering once again to cover cat bond risks from other locations around the globe, it appears.In addition, we understand that Singapore’s ILS grant scheme will be extended again, as its current iteration had been due to expire at the end of 2025. Around late 2017, Singapore drew up plans for an ILS Grant Scheme, to help fund some of the upfront…

In this pool photograph distributed by the Russian state agency Sputnik, Russian Prime Minister Mikhail Mishustin (R) arrives at the airport of Hangzhou on November 3, 2025. Dmitry Astakhov | Afp | Getty ImagesRussian officials appeared eager Monday to reaffiirm Moscow’s alliance with China following U.S. President Donald Trump’s high-profile meeting with Xi Jinping.Hot on the heels of Trump’s talks with Xi last week, which the U.S. president described as “amazing,” Russia has now sent a large delegation of its own to China for deal-making and talks.Russia’s Prime Minister Mikhail Mishustin arrived in Hangzhou on Monday for two-day talks with…