Author: Money Mechanics

(World Oil) – A bipartisan group of U.S. senators has introduced legislation aimed at preventing future presidential administrations from pausing or delaying liquefied natural gas (LNG) export approvals, drawing support from oil and gas industry organizations and energy workforce groups. The proposed LNG Export Security Act, introduced by Senators John Cornyn and John Fetterman, would amend the Natural Gas Act to strengthen protections for LNG export permitting and limit the ability of future administrations to halt approvals on broader policy grounds. The legislation follows the Biden administration’s 2024 decision to pause approvals for new LNG export permits while federal agencies reviewed economic and climate-related impacts,…

The latest round of “Renovation Resort” contestants have revealed judges Scott McGillivray and Brian Baeumler’s seemingly foolproof method for identifying the home updates that are almost certain to guarantee the highest return on your investment.It is a method that McGillivray and Baeumler rely on every time they scout out the best vacation home makeovers for their hit series; the winning design isn’t just about aesthetics, but also about the designer’s savvy strategy for boosting profits at the remodeled property. The reality TV judges are, of course, evaluating the creativity, craftsmanship, and style of each cabin to determine a winning design,…

The vibes around the current AI boom aren’t great, even in the tech industry, according to a lengthy social media post from Menlo Ventures partner Deedy Das.  Das described San Francisco as “pretty frenetic right now,” as “the divide in outcomes is the worst I’ve ever seen.” Using a “back of the envelope AI calculation,” he projected that there are around 10,000 people — founders and employees at companies like OpenAI, Anthropic, and Nvidia — that have “hit retirement wealth of well above $20M,” while everyone else worries “they can work their well-paying (but <$500k) job for their whole life and…

In a city where new construction could come with a hefty 400% markup compared with existing homes, one developer is betting on “attainable luxury” with a musical twist.The Rider is bringing a rock ‘n’ roll edge to Miami’s Wynwood neighborhood, offering a rare sub-$600,000 entry point into the new-construction market. It also offers high-end features: beach access, a nightclub, rooftop pool, golf simulator, fitness center, and wellness spa.But developer Diego Ojeda, president of South Florida’s Rilea Group who grew up with an “Easy Rider” poster tacked on his wall, wanted to tap into not only his own passion for music,…

Tech stocks have stormed back in recent weeks and have a lot of momentum heading into the summer. But even as the Nasdaq has rallied, the Vanguard Information Technology ETF (NYSEMKT: VGT) has performed even better. The Vanguard Information Technology ETF is up 22% year-to-date (YTD) and 50% over the past 12 months. Will AI create the world’s first trillionaire? Our team just released a report on a little-known company, called an “Indispensable Monopoly,” providing the critical technology Nvidia and Intel both need. Continue » That’s significantly better than the Nasdaq 100 and the Invesco QQQ (NASDAQ: QQQ), which tracks…

Institutional ETF inflows and corporate accumulation continue supporting Bitcoin’s recovery above key technical levels. Macroeconomic pressures and rising are limiting Bitcoin’s momentum near the $80,000 resistance. Bitcoin needs strong volume above $83,000 to confirm broader bullish continuation toward higher targets. As the market moves toward mid-May, is being influenced by two different trends. On one side, institutional demand is improving, with stronger inflows into spot Bitcoin ETFs, growing Bitcoin holdings among companies, and lower Bitcoin supply on exchanges. On the other side, macroeconomic pressures are still weighing on the market. Recent US inflation data have raised concerns again, bond yields…

(By Oil & Gas 360) – The lithium story is no longer just about electric vehicles. A new demand driver is emerging rapidly across global markets, AI infrastructure, and the explosive expansion of data centers. What began as a battery metal tied primarily to transportation is increasingly becoming part of a much broader conversation around power systems, backup storage, grid stability, and digital infrastructure. The scale of data center growth is beginning to reshape assumptions across the energy and materials sectors. Major technology companies are investing hundreds of billions of dollars into AI infrastructure, hyperscale computing, and cloud expansion. That…

An incredible Washington townhouse with a divine history—and a very bright future—has hit the market in Seattle for $2.42 million, having been carefully constructed inside an old church building. The 2,610-square-foot townhome is one of 12 units in the former Church of Christ Scientist in the city’s Capitol Hill neighborhood.From the outside, the building, which was completed in 1908, maintains all of the extraordinary design hallmarks from its former life, including the original stained glass windows, a spectacular glass dome ceiling, and carved wooden doors.Many of those features carry through to the interior, where marble floors lie under soaring ceilings,…

(Image credit: Getty Images)A big raise feels like a new chapter. It’s exciting and normal to assume a bigger paycheck will automatically turn into a bigger net worth.But plenty of people earn more each year and still feel as if they’re not getting ahead.Higher-income households tend to spend more across nearly every category, which keeps savings from growing as fast as expected. 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…

’s move through $50 was hard to ignore. After spending decades below that level, the breakout looked like a major technical confirmation that the long-running bullish case for the white metal was finally resolving. Then came the push through $100, an even more dramatic milestone that seemed to turn the move from important into historic. From a chart-focused perspective, both moments could be read in a fairly straightforward way: silver broke a major ceiling, kept accelerating, and therefore bullish conviction must have been strengthening beneath the surface. But price milestones do not tell us what is actually happening underneath a…