Business

Mostly no. Columbus Day, Monday, October 12, 2026, is a Federal Reserve holiday, so most banks close their branches, though ATMs and online banking keep working and some banks set their own hours.

No. Roth IRAs have no required minimum distributions while the original owner is alive, and since 2024 neither do Roth 401(k)s, but beneficiaries who inherit them must follow RMD rules.

Anduril is putting $3.7 billion into Arsenal-2 in Baltimore County, plus a Navy contract worth up to $2.9 billion, for about $6.6 billion in total for Virginia-class submarine parts.

Mostly by supply and demand in the currency market, driven by inflation, interest rates, trade and current account balances, public debt, and political stability; some countries peg or manage their rates instead.

The merged company is called Skydance Corporation after Paramount Skydance completed its $110 billion takeover of Warner Bros Discovery on October 6, 2026.

No. All U.S. Post Office locations are closed on Columbus Day, Monday, October 12, 2026, with no regular mail delivery; service resumes Tuesday, October 13.

Yes. The NYSE and Nasdaq are open for normal trading on Columbus Day, Monday, October 12, 2026, but U.S. bond markets and most banks are closed.

Dogecoin (DOGE) is a meme-based cryptocurrency launched as a joke in December 2013. It uses scrypt proof-of-work, one-minute blocks, and has no supply cap, adding about 5 billion coins a year.

For 2026, total contributions to all traditional and Roth IRAs are capped at $7,500, or $8,600 for people age 50 or older, or your taxable compensation if that is less.

Schneider Electric is buying PTC for $205 per share in cash, valuing PTC’s equity at about $22.6 billion, with closing expected by the third quarter of 2027.