Higher gas prices are about to make summer getaways a little more expensive this year. We’re ignoring the typical tips that rarely make a difference (“declutter your trunk,” really?) and giving you price discounts that really add up, from saving a dime a gallon or more on gas to over 50 cents a gallon on…
The Trump administration is expanding the government’s burgeoning investment portfolio, announcing this past week that it will award grants to nine quantum computing companies, including a new IBM (IBM) venture, in exchange for equity stakes. With the investment, quantum technology — a sector garnering intense investor interest despite questions about its near-term commercial viability —…
Caturus has reached a final investment decision (FID) on its $13bn Commonwealth liquefied natural gas (LNG) project in Cameron Parish, Louisiana, US. The company also secured $9.75bn in project financing for the construction of a 9.5 million tonnes per annum export facility. Mubadala Energy, the Abu Dhabi-headquartered international energy company, holds a 24.1% interest in…
When you put your money in a traditional savings account, the bank pays you interest. In the world of cryptocurrency, there’s a similar way to earn returns — it’s called yield farming. What is yield farming in crypto? Yield farming in crypto is a way to earn rewards by putting your cryptocurrency to work on…
The market is at the start of the next commodity supercycle, according to energy strategist and investor Jeff Currie of Carlyle Group. In a thread posted to X Friday morning, Currie laid out a multipronged argument for why the market is right at the beginning of the next years-long rally cycle for commodities. First, the…
Associated British Foods has acquired New Zealand bagel maker Abe’s Bagels through its regional subsidiary George Weston Foods. Financial terms were not disclosed. The deal was confirmed in a LinkedIn post by Catherine Parlane, the general manager of sales and marketing at the private-equity-backed Abe’s Bagels. “I’m proud to share that Abe’s Bagels has been…
Polen Capital, an investment management company, released its first-quarter 2025 investor letter for “Polen 5Perspectives Small Growth Strategy”. A copy of the letter is available to download here. Polen 5Perspectives Small Growth Composite Portfolio returned 3.3% gross and 3.0% net of fees, respectively, in the first quarter of 2026, compared to the -2.8% return of…
Consensys, the Ethereum (CRYPTO: $ETH) development firm, has paused its planned initial public offering (IPO) until this autumn due to poor market conditions. The company, best known for its MetaMask wallet, had engaged banks such as JPMorgan Chase (NYSE: $JPM) and Goldman Sachs (NYSE: $GS) to lead its IPO this spring. However, those plans have…
The latest financial results of cryptocurrency exchange Bullish (NYSE: $BLSH) have come up short as trading activity on its platform slowed in recent months. The company, which focuses on institutional investors, reported first-quarter revenue of $92.8 million U.S., which was below Wall Street estimates of $94.9 million U.S. Bullish also reported a net loss of -$3.85…
By Heekyong Yang and Gregor Stuart Hunter SEOUL, May 14 (Reuters) – SK Hynix is on the verge of topping a $1 trillion market value, just weeks after Samsung Electronics crossed the milestone, as strong demand for artificial intelligence places South Korea at the heart of Asia’s AI boom. SK Hynix shares have risen more…
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