Americans have no idea how good we have it with respect to energy prices. Although we are suffering through the worst inflation since 1982, with higher energy prices as a component, we still enjoy much lower energy prices than our friends in Europe. American natural gas (as liquified natural gas, or LNG) is flowing toward […]
Mortgage rates are nearly three-fourths of a percent higher than they were a year ago, and home prices rose nationwide by 18.8% annually in December, making it harder than ever to find an affordable place to live. But in some cities, it’s a lot harder to find a home than others. Florida Atlantic University and Florida International University […]
Earlier this month, the Energy Information Administration reported that oil output in the Permian shale play had hit a record, and it was going to continue growing. And now, the two biggest Permian operators have revealed plans for significant production growth. Exxon and Chevron both said within the past week that they had plans for a substantial […]
A pair of active water management players have completed separate deals to expand their individual offerings in the Permian Basin of west Texas. Lagoon Water Midstream has closed a deal to acquire Double Drop Resources, a water management company located in the Midland Basin. With ongoing support from Macquarie Infrastructure Partners, the purchase expands Lagoon’s […]
Many Americans don’t have enough retirement savings to stay here. That helps explain why many of them are leaving the U.S. to retire in places where the cost of living is cheaper, according to financial experts. “This is becoming a huge trend,” says Christian Gulizzi, an international CPA at Gulizzi Consulting, a tax and accounting firm based in Italy. One […]
NEW YORK, Oct 6 (Reuters) – Bitcoin surged on Wednesday to its highest level in five months, as market sentiment continued to improve due in part to news a hedge fund controlled by billionaire investor George Soros trades bitcoin. Investors also expect a seasonal rally in cryptocurrencies this quarter. The world’s largest cryptocurrency in terms […]
Coal prices may have reached a peak after hitting a record, though they will remain elevated until the first half of 2022, according to the head of the Philippines’ largest producer. “At these levels, people will overproduce and then there will be too much supply, so prices will drop,” said Isidro Consunji, chairman of Semirara Mining […]
After a volatile period of reversals, the oil price rally is back with a bang as oil prices continue taking out multi-year highs. Bullish sentiment has taken over oil markets, with Brent breaking out above $80 for its best level since October 2018 while WTI was quoted at $75.64/bbl on Tuesday intraday trading, scoring the […]
Tesla CEO Elon Musk on Tuesday said the U.S. government should steer clear of trying to regulate the crypto market. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said at the Code Conference in Beverly Hills, California. Musk was responding on stage to a question […]
Dealing with IRA’s can be a headache at times. That’s why, here at Kiplinger, we have an entire section of our website devoted just to stories involving IRA’s. But we still get lots of questions about retirement, and one of the frequent questions we receive from readers who are saving for retirement is: “I contributed too […]
