Oil prices are surging – these eight stocks are still bargains for long-term investors:

Oil prices are surging – these eight stocks are still bargains for long-term investors:

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

New York’s Waldorf Astoria Hotel Finds a Rocky Path to Condo Conversion:

New York’s Waldorf Astoria Hotel Finds a Rocky Path to Condo Conversion:

The Chinese owner of Manhattan’s historic Waldorf Astoria hotel has been struggling to complete its plan for converting hundreds of guest rooms into luxury condos. The process has fallen at least two years behind the initial schedule and costs have ballooned, leading to the departure last week of the top US executive overseeing the project. … Read more