Author: Admin

US liquefied natural gas exporters stand to gain from supply disruptions amid the war with Iran, but the benefits may be tempered by the fact that American producers are already near maximum capacity for shipping cargoes of the fuel.

Elon Musk’s xAI to repay $3 billion debt early, Bloomberg News reports

HBO Max and Paramount+ collectively reach over 200 million subscribers worldwide, which is more than Disney+, nearly on par with Amazon’s Prime Video and just behind Netflix.

The Iowa Board of Regents has approved two major academic restructuring initiatives at the University of Northern Iowa. The Department of Philosophy and World Religions will merge with the Department of History, establishing the UNI Humanities Hub. The Humanities Hub aims to strengthen career preparation across humanities majors by embedding internships into courses and expanding partnerships with nonprofit organizations, community partners and employers, a news release said. Separately, the Department of Political Science, the Criminology and Criminal Justice program, and the Philanthropy and Nonprofit Development program have been consolidated into the new School of Public Affairs and Service. This school…

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway shares fell Monday after the conglomerate reported a sharp decline in fourth-quarter operating earnings, while new CEO Greg Abel offered few signs of an immediate strategic shift in his first communication with shareholders.Class A shares of the Omaha-based conglomerate slid 5% to start the week. The stock’s decline came after Berkshire posted operating earnings of $10.2 billion for the fourth quarter, down more than 29% from $14.56 billion a year earlier. The drop was…

Northern Trust Asset Management has launched a tokenized share class of its NIF Treasury Instruments Portfolio, marking its entry into the digital assets market, according to the company. The structure uses distributed ledger technology to maintain a digital mirror of share ownership, while the underlying portfolio continues to invest in short-term US Treasurys.According to Monday’s announcement, the shares will initially be offered through BNY’s LiquidityDirect platform, which operates on Goldman Sachs’ Digital Asset Platform. The fund itself does not use blockchain technology or invest in crypto assets. Instead, authorized intermediaries are expected to maintain a blockchain-based mirror of ownership records for…

Mortgage rates and more will be vulnerable to the surge in the 10-year Treasury yield.

The price of oil grabs most of the energy-related attention during conflicts in the Middle East for understandable reasons: oil is the commodity on which the world runs (still) and analysts have roughly reliable models for what every $10 per barrel increase in cost does to global growth and inflation.So, on that front, one can say we’re still a long way from “oil shock” territory. Monday’s rise to $79 a barrel, up 9% since the end of last week, is sizeable, especially as the price was $62 at the start of this year, but remember that $125 was seen shortly…

On paper, a company that just turned 141 years old and increased its net income from $10.7 billion in 2024 to $21.9 billion in 2025 may not seem like a likely sell candidate. That argument gets even harder to make when considering that its stock is up nearly 12% this year, its forward price-to-earnings (P/E) multiple is 12.88, its net profit margin is more than 17%, and it’s operating at a beta of 0.39—making it nearly 61% less volatile than the broad market. But when it comes to communication services mainstay , it might be time for swing traders and…

Key PointsShares of white nicotine pouch and smoking accessories maker and marketer Turning Point Brands (NYSE: TPB) are down 20% as of 11 a.m. ET this morning after the company released fourth-quarter earnings. During the quarter, Turning Point grew sales by 29% while adjusted earnings per share dipped 3%, with both figures outpacing Wall Street’s consensus. However, management guided for adjusted EBITDA to decline 15% sequentially as the company continues its shift away from legacy smoking accessories and Zig-Zags to white nicotine pouches, and the market is taking a wait-and-see stance today. Ultimately, I don’t believe today’s sell-off is anything…