3h ago
Costco doubles Kirkland synthetic motor oil price to $57.99 and limits purchases as supply tightens
Costco has doubled the price of its Kirkland Signature full synthetic motor oil from $30 to $57.99 and capped purchases at two bottles per customer per week as crude oil trades around $100 a barrel and supplies tighten. U.S. diesel prices have topped $6 per gallon for the first time, reaching $6.06. Refiners are prioritizing higher-margin gasoline and diesel output, constraining the availability of motor oil.
3h ago
4h ago
U.S. diesel average hits record $6.20 a gallon, adding pressure ahead of November midterms
The U.S. average price of diesel has climbed to a record $6.20 per gallon, up sharply from $3.69 in January 2025. The rise has been driven by the war between the United States and Iran, which has disrupted oil shipping through the Strait of Hormuz and stoked fears of supply interruptions. Because diesel is a key industrial fuel, the surge could lift supply-chain costs and become a political flashpoint ahead of the midterm elections.
4h ago
5h ago
Anthropic selects Nasdaq for potential IPO, targets October listing
Anthropic has chosen Nasdaq as the venue for a potential IPO and is aiming for an October listing. Founded by former OpenAI executives, the company’s valuation has not been finalised after a previous funding round that valued it just under $1 trillion. Its developer tool Claude Code has helped lift projected annual revenue to $65 billion, even as the company lost almost $42 billion in 2025 and is expected to keep burning cash for years, according to US media reports.
5h ago
9h ago
Santander to pay customers £829 on average under FCA motor finance redress scheme
Santander will join the UK Financial Conduct Authority’s redress scheme and pay compensation to customers affected by missold motor finance agreements. The programme covers about 12.1 million deals made between 2007 and 2024, with total payouts expected to reach £7.5 billion. The average compensation is estimated at £829 per eligible agreement, with many cases linked to now-banned Discretionary Commission Arrangements.
9h ago
10h ago
Tokenized $GRND tops prior-day U.S. stock volume as Solana sees 63% of equity trading after hours and holder addresses pass 727K
Solana’s on-chain market for tokenized equities posted a milestone as more than 20 stocks—including NKE, GRND, HTZ and DKNG—went live on the network via Sunrise and were issued by Backpack Securities. Tokenized $GRND recorded more than $31M in trading in its first 24 hours, exceeding its previous day’s U.S. market volume. The update also said 63% of tokenized equity trading took place after the U.S. closing bell and holder addresses surpassed 727K. Solana also announced a $100K-prize tokenized equities hackathon, Stocklana, and a Washington x Wall Street Summit scheduled for Sept. 14 featuring SEC Chair Paul Atkins and Commissioner Hester Peirce.
SOL
SOL-1.78%
10h ago
10h ago
Bitcoin falls below $77,000 as spot ETF outflows reach $462 million
Bitcoin slipped below the $77,000 level. Over the same period, spot bitcoin ETFs recorded net outflows of $462 million, suggesting institutional sentiment has turned more cautious. The simultaneous price decline and fund withdrawals have raised questions about whether the recent upswing can be sustained. Together, the drop and ETF outflows point to strong short-term selling pressure and fading rebound momentum.
BTC
BTC-0.55%
10h ago
10h ago
Willis Towers Watson sues after 18 employees quit in 44 minutes and join Lockton
Willis Towers Watson filed a lawsuit in Boston after 18 employees resigned within 44 minutes and joined rival Lockton. The team focused on insurance and risk management for the construction industry and generated more than $5 million in annual revenue. Willis Towers Watson generates roughly $10 billion in annual revenue, while Lockton is the largest privately held independent insurance broker in the U.S. with global revenue of approximately $4.5 billion.
10h ago