Author: Press Room

This article was written byFollowFormer media research analyst. Main coverage areas are crypto, BTC miners, metal, and media equities. Outside of Seeking Alpha, I also write the Heretic Speculator newsletter over at Substack.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I’m not an investment advisor.Seeking Alpha’s Disclosure: Past performance…

Stay informed with free updatesSimply sign up to the Mining myFT Digest — delivered directly to your inbox.Rio Tinto and Glencore held talks last year about combining part or all of their businesses, in an indication of how the push by mining companies to secure metals needed for the energy transition has focused executives on large-scale deals.The London-listed companies engaged in early-stage talks as recently as October, according to people familiar with the matter, but the discussions did not progress to a deal.A full-blown merger between Rio and Glencore — which have market capitalisations of $103bn and $55bn, respectively —…

The devastating wildfires that are ravaging Los Angeles are a stark reminder of how vulnerable older adults can be during disasters. Tragically, some elders who were mobility challenged or who had no transportation to allow them to escape, lost their lives in those fires. This highlights the critical need for proactive disaster preparedness. If your aging loved ones anywhere have mobility issues, cognitive impairments, vision or hearing loss, this subject of preparedness needs your close attention. Here are some thoughts from lessons we learn in these disasters: Understand Aging Parents’ Unique Needs Start by assessing your parents’ specific situation: Health…

Mortgage rates continued their upward climb this week, leaping above 7% and adding further pressure on the stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 7.04%, up from last week’s reading of 6.93%. The average rate on a 30-year loan was 6.60% a year ago. “Mortgage rates ticked up for the fifth consecutive week and crossed seven percent for the first time since May of 2024,” said Sam Khater, Freddie Mac’s chief economist. “The underlying strength of the economy is contributing to this…

Capital One said it is experiencing a technical outage that’s keeping customers from getting payments.  The issue is tied to a third-party vendor and is “temporarily impacting some account services, deposits, and payment processing for portions of our consumer, small business, and commercial bank,” the bank posted on X. The company posted a follow-up message saying it is actively working with the vendor to resolve the issue and restore services.  CAPITAL ONE SUED BY CFPB FOR ALLEGEDLY CHEATING CUSTOMERS OUT OF $2 BILLION “We know it’s important to have your money when you need it, so we apologize for any inconvenience…

This article was written byFollowHarris Associates L.P. was founded in 1976 by dedicated investment professionals who believed that delivering successful investment results for clients requires a consistent investment philosophy, a commitment to superior investment research and a high level of customer service. Our roster of clients has grown over the years, but these basic beliefs remain unchanged. We are value investors who believe that, over time, the price of a stock will rise to reflect the value of the underlying company. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Goldman Sachs chief David Solomon has warned private companies to take “great caution” before deciding to go public, adding that the depth of capital in private markets has removed the need for many to list at all.“Today you can get capital privately, at scale . . . you can also get liquidity in the private markets. So the reasons to go public, when you really reach an incredible scale, are getting pushed out,” said Solomon at the Cisco AI Summit in Palo Alto.“If you are running…

In workshops, I like to ask participants if they have a legal will—a written document that outlines how they want to distribute their financial assets. And hands shoot up. Then I ask them if they have an ethical will. Very few hands go up. An ethical will is often called a legacy letter. Both are ways to share and pass on our beliefs, values, stories, and life lessons. contain your wishes, thoughts, feelings, memories, life lessons—anything you hold dear. These written documents help repair relationships by making amends. After my son graduated from college and moved out, I found a…

As President Joe Biden’s term draws to a close, he has granted federal student loan relief to an additional 150,000 borrowers. These 150,000 borrowers include almost 85,000 who attended schools that cheated and defrauded their students, 61,000 borrowers with total and permanent disabilities, and 6,100 public service workers. The debt forgiveness now brings the number of students whose student debt has been canceled during his administration to more than 5 million, according to a White House release.The latest wave of debt relief includes 6,100 borrowers who have had $465 million of debt forgiven through the Public Service Loan Forgiveness (PSLF) program.…

This article was written byFollowFranklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,300 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.4 trillion in…