For decades, the pitch for community-owned electric utilities has been simple enough to fit on a bill insert: lower rates, reliable service, and decisions made close to home. The numbers still back that up. What has changed, according to Scott Corwin, president and CEO of the American Public Power Association (APPA), is the difficulty of…
Atai Capital Management, an investment management firm, recently released its first-quarter 2026 investor letter. A copy of the letter is available to download here. The portfolio demonstrated strong performance in the quarter, returning 6.6% compared to 4.3% decline for the S&P 500, a 0.9% gain for the Russell 2000, and a 1.5% gain for the…
What happened: Comcast (CMCSA) stock jumped 8% on Monday. What’s behind the move: Comcast announced Monday that it intends to divide its operations into two standalone public companies, separating its media assets from its technology and connectivity businesses. The transaction will be completed through a tax-free spin-off of NBCUniversal and Sky. “Comcast will continue to…
This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Dive Brief: Financial analytics and indexing firm MSCI announced Wednesday it is acquiring physical climate risk modeling company First Street in a bid to help companies meet rising regulatory and reporting requirements. The…
Gold (GC=F) August futures opened at $4,101.10 per troy ounce on Monday, June 29, 2026, essentially flat, up 0.1%, from Friday’s closing price of $4,096.30. As of 7:58 a.m. ET, the price of gold was $4,051.10 a.m. ET. Gold prices have been relatively steady since last week. For comparison, gold prices opened up last Monday…
Summary In a week shortened by the July 4th holiday (observed by U.S. stock markets on Friday, July 3), the big news for the week will be the employment report that comes out on Thursday. Last week, the Dow Jones Industrial Average rose 0.6%, while the S&P 500 fell 1.9%, and the Nasdaq fell 4.6%….
Alphabet’s autonomous vehicle unit Waymo has established a German legal entity, signalling preparations for a potential entry into the European robotaxi market. The new entity, Waymo Germany, lists Google’s Munich office as its registered address, according to a filing cited by Bloomberg. Its stated purpose covers autonomous vehicle ride-hailing operations, as well as services that…
According to Curinos, a real estate data analytics company, the difference between the current home equity loan (HEL) rate and the average HELOC rate is 61 basis points. But that doesn’t mean selecting a HELOC over a HEL is the automatic right decision. It’s how you plan to use your funds which will dictate the…
According to rates from the Zillow lender marketplace, the current 30-year fixed-rate purchase loan fell by 13 basis points to 6.17%, 9 basis points lower than the current 30-year refi rate. The 15-year fixed-rate purchase fell by 5 basis points today to 5.75%, 2 basis points higher than the average 15-year refinance rate. Finally, the 5/1…
Today’s savings account rates still hover well above the national average. However, the Federal Reserve cut the federal funds rate three times in 2025 and has left rates alone so far in 2026, which means deposit account rates have been on the decline. It’s more important than ever to ensure you’re earning the highest rate…
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