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Antero Midstream (NYSE:NYSE:AM) is a midstream energy operator with a market cap of just over $7 billion. AM portfolio assets are comprised of gathering pipelines, compression facilities, interests in processing and fractionation plants, and water handling systems. AM is also active in establishing joint ventures to grow enter into larger projects without assuming full risk. Here the most notable JV of AM is formed together with MPLX LP (NYSE:MPLX), where the underlying operations are around developing and operating large scale processing and fractionation assets. If we look at the historical five-year total return performance and compare it with the overall…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.France was heading towards a hung parliament and rocky talks to form a government after an unexpected leftwing victory thwarted Marine Le Pen’s efforts to bring the far right to power.With almost all votes counted on Sunday, the leftist Nouveau Front Populaire (NFP) bloc had won the most seats in the high-stakes snap election, a severe blow to Le Pen’s Rassemblement National party, which had seen a parliamentary majority within reach.The outcome represents a resounding success for the co-ordinated anti-RN strategy, under…

More than a handful of House Democratic ranking members told House Minority Leader Hakeem Jeffries in a Sunday call that President Joe Biden needs to step aside from the 2024 campaign, according to sources familiar with the call. Jeffries held the call to take the temperature of ranking members after Biden’s dismal debate performance last month. The call, held before lawmakers return to Washington this week, was filled with deep concern about potential damage to the Democratic ticket and how it imperils the party’s chances to win back the House majority. Jeffries did not share with his colleagues where he stands…

If “Failures are finger posts on the road to achievement,” as C.S. Lewis suggested, my opportunities for achievement are many. Indeed, the only reason that I have an opportunity to share this insight with you today is that I failed at one person’s version of financial advising. Although very real, that person was a mythic amalgamation of Michael Scott, Steve Carell’s legendary manager character on The Office, and Alec Baldwin’s motivational speaker “from the home office” in Glengarry Glen Ross. He’d almost surely dispute the former parallel but take pride in the latter. He was the regional leader of a…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.990% as of July 3, which is 0.134 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.375%, which is unchanged from yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate…

Credit cards are a ubiquitous part of American finances as individuals seek ways to gain financially for the present and future. Regardless of age or income, credit card use is customary in the United States. In 2023, 82% of US adults had a credit card, according to the Board of Governors of the Federal Reserve System. Some people use credit cards and pay off the balance each month while others build up substantial credit card debt and carry a balance with a significant amount in interest. BEST REWARDS CREDIT CARDS AND HOW POINTS CAN BE REDEEMED FOR TRAVEL, CASH BACK OR…

People in their 30s may be a long way off from their retirement savings goals, but they have plenty of time to get on track.On average, Americans say they’ll need around $1.46 million saved up to retire comfortably, according to Northwestern Mutual’s “2024 Planning and Progress” study. And for millennials, the majority of whom are in their 30s, that number is a little over $1.6 million.However, many in their 30s have much less than that saved.The median 401(k) balance for people in their 30s is around $22,100 as of the first quarter of 2024, per the latest data from Fidelity…

Starbucks ‘ new breakfast deals may hit the sweet spot for customers. But the coffee giant needs to serve up bigger changes to its operations to get back into Wall Street’s good graces. Offering food and beverage combos may boost Starbucks’ traffic in the short-term, analysts said, but it’s probably not a sustainable path over time given the company’s reputation as a premium coffee brand. The more substantial issues that are hurting sales, such as customer wait times, need to be resolved before declaring the company out of the woods after reporting a terrible quarter two months ago. “It’s execution.…

John Deere announced it will lay off about 600 employees across three US factories as the Illinois-based company shifts production to a newly planned facility in Ramos, Mexico. Effective August 30, about 310 employees will be laid off at two Iowa-based plants in Dubuque and Davenport, as well as 280 from a factory in East Moline, Illinois. In total, the three factories have roughly 4,175 production and maintenance employees. The Illinois factory primarily produces harvesting equipment such as combines, while the two Iowa factories manufacture construction and forestry equipment. The decision is the latest in a string of production layoffs…

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