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Finance & Markets

Blackstone Nears $2 Billion Stake in Air Canada’s Points Program

Blackstone Inc. is nearing a deal to pick up a minority stake in Aeroplan, Air Canada’s travel loyalty program, for about $2 billion, according to people familiar with the matter.

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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WTI jumps over 6% as Strait of Hormuz reopening remains uncertain

West Texas Intermediate (WTI) jumps more than 6% on Monday, erasing last week’s losses as uncertainty over when the Strait of Hormuz will reopen keeps supply concerns and the geopolitical risk premium firmly in place. At the time of writing, WTI trades around $81.15 per barrel, near a one-week high.

4 savings account mistakes to avoid right now

To improve your chances of savings success, it's important to know which specific mistakes to avoid making right now.

  • Avoid high-yield savings accounts for minimal returns
  • Ignore fluctuating rates in high-yield savings accounts
  • Overcommit to CDs may incur early withdrawal penalties

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