Author: Money Mechanics

The Florida State Board of Administration, which manages allocations to insurance-linked securities funds and reinsurance strategies on behalf of the giant Florida Retirement System Pension Plan, has said it is likely to reduce its exposure to property catastrophe risk as expected mean loss returns have declined.But, the investor that has somewhere north of $2 billion allocated across a range of ILS fund strategies for the giant Florida Retirement System Pension Plan is maintaining a focus on diversification within its allocations, with specialty lines one area continuing to be assessed for additional opportunities. Returns have been strong for the Florida pension…

Artie Beaty/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysAndroid Auto can cause your phone to overheat due to its intensive data usage.There are several tricks you can use to keep your phone cool.Closing apps, running your car’s AC, and using a new cable can all help.Android Auto can be an incredibly useful tool, but it’s pretty taxing on your phone. When your device is navigating, streaming music, charging, sending data, and more at the same time, it’s no surprise it might start to run hot — especially if you live in a warm climate. I’ve seen high…

(By Oil & Gas 360) – May was supposed to be about stabilization. Instead, it became another month dominated by geopolitical disruption, volatile oil prices, shifting LNG flows, accelerating energy consolidation, and rising concerns about the long-term reliability of global supply. At the center of nearly everything remained the Iran conflict and the continued disruption surrounding the Strait of Hormuz, one of the world’s most important energy chokepoints. Roughly one-fifth of global oil and LNG flows normally transit the strait, and ongoing instability continued to reshape shipping routes, energy trade patterns, and pricing dynamics throughout May. Oil markets experienced sharp swings during…

Elevated housing costs, a slower-than-usual housing market and a cooling rental market are squeezing potential returns for U.S. investors.  Real estate investors’ market share was 19%, largely unchanged from a year earlier, reflecting the overall sluggishness of the U.S. housing market in the first quarter.  Investors cut back sharply on buying condos, and on buying lower-priced homes.  When investors buy fewer homes, there are fewer homes to sell: Investors had 7.8% of all listings, the smallest share in 5 years.  Investor purchases of condos fell most in Detroit and Orlando, and rose most in the Bay Area. U.S. investor home…

Environmental activist Erin Brockovich has a new mission: Bringing more transparency to data center construction and the impact those data centers have on nearby communities. Brockovich — who was famously played by Julia Roberts in a film dramatizing her legal case against Pacific Gas & Electric — recently launched a website with a map of data centers across the United States. The website describes the map as “work in progress” that includes data centers reported by members of the surrounding community. In a Substack post, Brockovich said that after putting out a call for reports of data center-related issues in…

We just covered From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and Keel Infrastructure Corp. (NASDAQ:KEEL) ranks 20th on this list. Keel Infrastructure Corp. (NASDAQ:KEEL) first appeared in the 13F portfolio of Situational Awareness LP. in the fourth quarter of 2025. Back then, this position comprised close to 7 million shares. Filings for the first quarter of 2026 show that the fund owns close to 20 million shares in the firm, up around 188% compared to filings for the previous quarter. The firm operates digital and energy infrastructure with focus on high-performance computing…

CNBC’s Diana Olick sits down with Jon Paul Pérez and Nick Pérez of Related Group.CNBC Property Play brings you interviews with some of the biggest names in real estate, touching on everything from commercial and residential to finance and the mortgage markets, innovation in the industry and the growing risk to assets and operations from climate change.CNBC’s Diana Olick sits down with Jon Paul Pérez and Nick Pérez of Related Group to discuss the next phase of South Florida’s explosive growth. From the influx of billionaires and major companies to the rise of luxury branded residences, workforce housing, AI-driven development…

(By Oil & Gas 360) – May may ultimately be remembered as the month energy markets stopped treating geopolitical disruption as temporary and started pricing it as structural. What began as rising tension around the Strait of Hormuz evolved into something broader: tighter inventories, shifting trade flows, renewed LNG urgency, and growing concern that the global energy system has far less flexibility than many assumed. By month’s end, the market was no longer simply reacting to headlines, it was reassessing the reliability of supply itself. THE 5 BIG THEMES THAT MATTERED THIS MONTH 1. Hormuz became the center of the…

“When the robots take over, I hope they think of me fondly.”That tongue-in-cheek internet joke has turned sour with the increasing usage of artificial intelligence (AI).Today, it’s nearly impossible to click through a few pages without encountering an AI overview — a constant reminder of how much our relationship with information has shifted. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice on investing,…

(Image credit: Getty Images)In the wake of large IRS budget cuts and the significant loss of its workforce, is the agency turning into a paper tiger?Since President Trump began his second term in office, IRS funding has declined precipitously, and there has been a sharp drop in personnel. Congress set the IRS’s fiscal year 2026 budget at $11.2 billion, 9% less than the IRS’s 2025 fiscal year funding, and House appropriators want to slash it further, to $10.2 billion for 2027. Additionally, the IRS has lost over 20% of its workers since January 2025 through voluntary deferred resignations and layoffs,…