Author: Money Mechanics

Partly driven by the instability in the Middle East, diesel prices have jumped to $5 per gallon for the first time since December 2022, outpacing regular fuel prices.That’s a massive issue for moving companies that already run on tight margins.While the April  7 temporary ceasefire in Iran did ease supply concerns for the moment, oil supply risks persist and rising diesel costs continue to affect movers.“We are in a bit of a catch-22 right now. Costs are rising across the board, but customers are more price sensitive than ever. If we raise prices too much, we risk losing business so…

Stay informed with free updatesSimply sign up to the EU energy myFT Digest — delivered directly to your inbox.Europe boosted imports from Russia’s flagship liquefied natural gas project in the first three months of the year, as the Middle East conflict puts pressure on global supplies.Imports from the Yamal LNG project in Siberia increased by 17 per cent to 5mn tonnes in the first quarter compared to the same period in 2025, according to data from energy research group Kpler. This led to EU member states spending an estimated €2.88bn on gas from the vast plant, according to estimates by…

In-brief analysis April 8, 2026 Data source: U.S. Energy Information Administration, Annual Energy Outlook 2026, April 2026Note: Combination case assumes repeal of U.S. Environmental Protection Agency (EPA) 111 rule and greenhouse gas tailpipe emissions rule. In our Annual Energy Outlook 2026 (AEO2026), we project U.S. dry natural gas production, which accounted for 38% of total U.S. energy production in 2025, will increase significantly over the next several decades, meeting growing domestic and international natural gas demand. In AEO2026, which projects possible outcomes for the energy sector through 2050, we modeled…

One Alliance North America Insurance Company, the US domestic market homeowners and commercial lines specialist, has now raised the target size for its debut One Shield Re Ltd. (Series 2026-1) catastrophe bond issuance, with the company now looking to secure up to $125 million of multi-peril reinsurance, Artemis has learned.At the same time, we’re told that the spread guidance for the tranche of notes on offer has shifted towards the lower-end of guidance. One Alliance North America entered the catastrophe bond market for the first time in mid-March, with an initial target to secure $100 million or more in multi-peril…

February home sellers who cut their price lowered it by $41,000, on average, or 7.3%. Home sellers in Texas and Florida were most likely to make price cuts, while sellers in the Bay Area were least likely. More than one-third (34.2%) of February home sellers lowered their list price. That’s up from 31.5% a year earlier and represents the highest February share in records dating back to 2012.   February home sellers who lowered their list price cut it by an average of $40,915, or 7.3%—the highest February percentage since 2023. Among all February home sellers (not just those who…

Florida Attorney General James Uthmeier announced on Thursday his office will investigate OpenAI for its alleged harm to minors, potential to threaten national security, and its possible link to a shooting that took place at Florida State University last year. “ChatGPT may likely have been used to assist the murderer in the recent mass school shooting at Florida State University that tragically took two lives,” Attorney General Uthmeier said in a video posted to social media. On the day of the FSU shooting last April, the suspect allegedly asked ChatGPT how the country would react to a shooting at FSU,…

(By Oil & Gas 360) – A fragile ceasefire is holding just enough to steady markets, but not enough to restore confidence. Diplomatic momentum is building around a broader pause in hostilities. Lebanon has pushed for a temporary ceasefire with Israel to open the door to wider negotiations, a move seen by regional players as a necessary step to prevent further spillover. But on the ground, the situation tells a different story. Israel has continued large-scale strikes against Hezbollah targets in Lebanon, signaling that the Iran-focused ceasefire does not extend across all fronts. That disconnect, between diplomacy and military action, is now…

“Selling the OC” star Kaylee Ricciardi has opened up about her unique experience securing luxury rental homes for VIP Coachella guests, revealing the most absurd and extravagant requests that her celebrity clients have made for their potential properties.Ricciardi, 36, regularly deals with major celebrities and other big-time clients as a luxury real estate agent based out of The Oppenheim Group’s Newport Beach, CA, office. However, she admits to Realtor.com that when it comes to extreme demands, her Coachella clients take the cake.Coachella 2026—which kicks off on April 10 and will feature performances by everyone from Justin Bieber and Sabrina Carpenter…

(Image credit: Getty Images)A choppy start for stocks on Thursday turned into a positive finish as market participants weighed headlines on a fragile U.S.-Iran ceasefire. The day’s upside was sparked by a Bloomberg report that suggested Israel is prepared to hold negotiations with Lebanon, clearing a potential overhang in peace talks in the Middle East.At the close, the blue-chip Dow Jones Industrial Average was up 0.6% at 48,185, the broader S&P 500 was 0.6% higher at 6,824, and the tech-heavy Nasdaq Composite had added 0.8% to 22,822.Front-month West Texas Intermediate crude futures also gained ground today, rising more than 3%…

Goldman Sachs Private Credit Corp. just dodged a bullet. The firm’s non-traded business development company (BDC) reported in a recent filing that redemption requests in the first quarter of 2026 came in at exactly 4.999% of outstanding shares. It stopped a fraction of a percentage point below the industry-wide 5% quarterly cap that triggers mandatory withdrawal restrictions. Had it crossed that threshold, the fund would have joined a growing list of private credit companies such as Blue Owl Capital that have been forced to cap redemptions and effectively lock investors in. “We are the only non-traded BDC in the peer…