June 9 (Reuters) – Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom’s custom chips and networking solutions as part of a tie-up between the asset managers and the chipmaker. The initial commitment will expand the Claude Code creator’s AI computing capacity by one gigawatt, the companies…
Diesel prices are continuing on a mostly downward trend, with the benchmark price used for most fuel surcharges falling to one of its lowest levels since military action against Iran commenced at the beginning of March. The Department of Energy/Energy Information Administration average weekly retail diesel price was published Tuesday, effective Monday, at $5.21/gallon. It…
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, June 9 (Reuters) – MSCI’s global equities gauge pared earlier gains on Tuesday as it saw little support from Wall Street where investors waited anxiously for inflation data while the dollar dipped with oil prices on hopes for easing Middle East tensions after Iran and Israel halted…
What happened: Micron (MU) reversed gains on Tuesday, sinking into negative territory. Memory and storage maker Sandisk (SNDK) also declined after initially opening in green territory along with custom chipmaker Marvell Technology (MRVL). What’s behind the move: The declines on Tuesday came ahead of Wednesday’s Consumer Price Index (CPI) report, giving investors clues over how…
VPK Group has taken full control of Fencor Packaging Group, the parent company of Manor Packaging, in a move that adds to its UK operations. Fencor runs a manufacturing site in Whittlesey, Cambridgeshire, with related storage and warehousing activities to support distribution to customers across the UK. This follows VPK’s 2024 purchase of a minority…
Deposit account rates are on the decline — but the good news is you can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates of 4% or higher. Read on for a snapshot of CD rates today and where…
High-yield savings account rates have been falling, but some of the best accounts still pay above 4% APY. In order to get the highest interest rate possible on your savings, it’s important to do your research and find competitive offers. Not sure where to start? Here’s a closer look at savings interest rates today and…
Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate, liquidity, and flexibility. Unlike traditional savings accounts, MMAs typically offer higher returns and may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings you want to…
According to the Zillow lender marketplace, the average 30-year fixed rate is 6.41%, up 3 basis points since yesterday. The 15-year fixed loan is currently at 5.81%, 7 basis points higher than yesterday. The 5/1 ARM is 6.66%, 34 basis points higher than on Monday. Weekly survey of mortgage lenders with the lowest rates: Leaders price…
According to the June 2026 ICE Mortgage Monitor report, American homeowners tapped their home equity at the highest Q1-level in five years, as more and more homeowners chose not to give up low rates on their first mortgages. Affordable rates on home equity loans and lines of credit make it easier for homeowners to decide…
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