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Amex Charging Annual Fee for Delta Gold Card No-Fee Offers


Amex Charging Annual Fee for Delta Gold Card No-Fee Offers

The Amex Delta SkyMiles Gold and Delta SkyMiles Gold Business cards often have welcome offers that waive the annual fee for the first year. If you’re looking to apply, there are still NLL links available for Delta business cards.

But if you have applied, or plan to apply for one of the Delta SkyMiles Gold cards, you should keep an eye on your charges. American Express is apparently charging the annual fee during the first statement period. Joe flagged this in our Facebook Group, but there’s also a reddit thread about the same issue.

If you were charged the annual fee right away on the Delta SkyMiles Gold and Delta SkyMiles Gold Business cards, then start a chat with Amex online so they can look into it and open a case to have it refunded.

Let me know in the comments if you have been charged.

Why Navitas Semiconductor Stock Skyrocketed This Week


Navitas Semiconductor (NVTS 6.64%) stock posted massive gains this week. The chip company’s share price rose 40.3% compared to its closing price at the end of the previous week.

Navitas stock got a substantial lift from the bullish backdrop for the broader market, with the S&P 500 up 0.5% in the week and the Nasdaq Composite up 1.5%. While positive momentum for the market helps explain some of Navitas’s gains this week, the stock’s rally over the week still looks anomalous.

Image source: Getty Images.

It wasn’t a big news week for Navitas

Despite the explosive rally for the stock, there was little in the way of business-specific news for Navitas. Tech stocks rallied on news that the U.S. and Iran had extended their ceasefire agreement to continue working on a potential agreement to end the war, and the improved geopolitical outlook helped lift the semiconductor stock. In addition to bullish trading for the broader market, Navitas may have been a beneficiary of meme stock momentum and investors betting on a short squeeze.

Navitas Semiconductor Stock Quote

Today’s Change

(-6.64%) $-1.23

Current Price

$17.28

Semiconductor stocks are red right now

Semiconductor stocks were some of the market’s biggest winners over the last week, with big names including Intel, Nvidia, and Marvell posting significant gains over the stretch. Some more speculative names including Poet Technologies and Astera Labs also recorded strong rallies.

Navitas is benefiting from a voracious appetite among investors for high-growth semiconductor companies, and power-chip companies in particular have become a hot trade. On the other hand, the recent rally has seemingly transpired despite little in the way of major news. Navitas has a promising expansion outlook, but investors may want to be cautious with the company’s recent rally pushing its forward price-to-sales multiple up to roughly 100.

Keith Noonan has positions in Intel. The Motley Fool has positions in and recommends Intel and Marvell Technology. The Motley Fool recommends Astera Labs. The Motley Fool has a disclosure policy.

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[CO Only] Metrum Community Credit Union $200 Checking Bonus, Direct Deposit Not Required


Offer at a glance

  • Maximum bonus amount: $200
  • Availability: CO only, OOS might work
  • Direct deposit required: No
  • Additional requirements: See below
  • Hard/soft pull: Hard pull?
  • ChexSystems: Unknown
  • Credit card funding: Unknown 
  • Monthly fees: None 
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: None listed

The Offer

Direct link to offer

  • Metrum Community Credit Union is offering a $200 bonus when you open a new checking account and complete following requirements:
    • $50 bonus when you open a new High Yield or Cash Back Spending Account with eStatements and debit card
    • $150 bonus when within 1st 90-days after opening when account meets all qualifications and receives a high yield interest or cash back paid to the account:
      • Cash Back Spending Account qualifications: (a) post and clear seventeen or more debit card purchase transactions during the statement period and (b) enroll to receive periodic statements electronically.
      • High Yield Spending Account qualifications: (a) complete a total of $500 or more in direct deposits (ACH) during the statement period (b) post and clear seventeen or more debit and/or credit card purchase transactions during the month and (c) enroll to receive periodic statement electronically.

The Fine Print 

  • 1st $50 paid with new High Yield or Cash Back Spending Account opened and account enrolled with eStatements and debit card activated. Offer not available to existing primary accounts with checking/spending account opened in the last 12-months;
  • 2nd $150 bonus will be paid within 1st 90-days after opening when account meets all qualifications and receives a high yield interest or cash back paid to the account.
  • Qualifications for Cash Back and High Yield Spending Accounts apply.
    • Cash Back Spending Account qualifications: (a) post and clear seventeen or more debit card purchase transactions during the statement period and (b) enroll to receive periodic statements electronically.
    • High Yield Spending Account qualifications: (a) complete a total of $500 or more in direct deposits (ACH) during the statement period (b) post and clear seventeen or more debit and/or credit card purchase transactions during the month and (c) enroll to receive periodic statement electronically.
  • High Yield APY subject to change anytime, see rate sheet for current rates.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Neither of these accounts has a monthly fee.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF. 

Our Verdict

Hard pull worth it for some people, but not others. No direct deposit required at least on the cash back spending account. Will add to our best bank account bonuses.

Hat tip to reader Bockrr

Useful posts regarding bank bonuses:

  • A Beginners Guide To Bank Account Bonuses
  • Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
  • PSA: Don’t Call The Bank
  • Introduction To ChexSystems
  • Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
  • What Banks & Credit Unions Do/Don’t Pull ChexSystems?
  • How To Use Our Direct Deposit Page For Bank Bonuses Page
  • Common Bank Bonus Misconceptions + Why You Should Give Them A Go
  • How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
  • Affiliate Links & Bank Bonuses – We Won’t Be Using Them
  • Complete List Of Ways To Close Bank Accounts At Each Bank
  • Banks That Allow/Don’t Allow Out Of State Checking Applications
  • Bank Bonus Posting Times

Aligning Allocation to the Global Business Cycle


Asset classes do not move independently; their behavior reflects the prevailing phase of the global cycle. Across phases, both return potential and the way each exposure transmits risk within a portfolio change.

As growth and inflation momentum evolve, so do volatility patterns, correlations, and drawdown characteristics. Early in the cycle, risk assets may act as recovery engines. As the cycle matures, those same exposures can become sources of instability. Duration can shift from a performance drag during reflation to a stabilizer as growth slows. Credit may transition from carry engine to spread risk. Commodities and high-beta assets often lose diversification benefits once the cyclical momentum peaks.

The key insight is that exposures cannot be assumed to behave consistently over time. Their portfolio role changes as macro conditions change. Historical cycle patterns do not provide certainty, but they offer a probabilistic framework for assessing whether current risks are aligned with the prevailing environment.

Practitioner Tip: Rather than focusing solely on expected returns, professionals should regularly reassess how each exposure contributes to portfolio volatility, correlation, and drawdown risk as the cycle evolves and adjust when those relationships begin to shift.

Where Would Mortgage Rates Be Without War in Iran?


Mortgage rates have had a pretty good April, all things considered.

They’ve come down about 30 basis points (0.30%) over the past month, despite the conflict in Iran still raging on.

So I was curious where mortgage rates would be without a war in Iran, had it never gotten started at the end of February.

Back then, we were just below 6% for a 30-year fixed and apparently we’d still be there had history been different.

And while the difference in monthly payment might be negligible, the psychological factor could have been huge for home buyers this spring.

Mortgage Rates Have a 0.25% ‘Geopolitical Premium’

I asked xAI’s Grok where mortgage rates would be sans the conflict in Iran and it told me about a quarter-point lower.

If we use Freddie Mac’s latest 30-year fixed reading of 6.23%, that would put the popular loan type right below 6%.

Instead, borrowers are still facing rates well into the 6s, which even if not a big payment difference, must not feel as nice as a 5-handle rate.

There’s a reason most prices end in .99. It’s no different with mortgage rates.

Home buyers would much rather have a 5%-something versus a 6%-something. It just looks better. And I’m sure it feels better too.

Instead, those who’ve been buying homes this spring have had to settle for the higher rates, assuming they didn’t buy down the mortgage rate.

As for why, it’s what Grok coined as a “geopolitical premium” of about 25 bps.

Here’s how it breaks down:

  • Pre-conflict 30-year fixed mortgage rate: 5.98%
  • Minus embedded geopolitical premium today (~25 bps)
  • Plus/minus modest natural drift (0–10 bps lower)
  • Mortgage rate range: 5.85% to 6.05%
  • Midpoint guess: 5.95%.

Mortgage Rates Usually Fall During Uncertain Times

Typically, mortgage rates fall when there’s a war because there’s a flight to safety in bonds.

Investors seek a safe haven in uncertain times. This time is different.

We have a stock market at/near all-time highs as investors continue to chase higher returns in the face of $105+ per barrel oil.

So really it’s not so much a geopolitical premium as it is an energy price premium, given oil was closer to $70 per barrel pre-conflict.

If we consider the 10-year bond yield, it was just below 4% prior to the war with Iran, and now sits around 4.30%.

This means it’s mostly the difference in yields pushing 30-year fixed mortgage rates higher, and a little bit of the spread widening.

The next question is when can mortgage rates return to pre-war levels? That’s a tougher one to answer because the path remains very unclear.

Colin Robertson
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Trump sends Witkoff and Kushner to Pakistan to salvage ceasefire talks with Iran



U.S. envoys are expected to travel to Pakistan on Saturday in a new bid to salvage ceasefire talks with Tehran, even as Iran’s top diplomat arrived in Islamabad and ruled out direct negotiations with U.S. representatives.

The latest effort to broker a deal in Islamabad comes as an indefinite ceasefire has paused most fighting, but the economic fallout is still mounting with global energy shipments disrupted by the near closure of the Strait of Hormuz.

Officials have not specified when President Donald Trump’s envoys Steve Witkoff and Jared Kushner, who are expected to lead the U.S. negotiation team, are due to arrive. The White House declined to comment on Saturday.

On Saturday, Iran resumed commercial flights from Tehran’s international airport for the first time since the conflict with the U.S. and Israel began about two months ago. Flights were scheduled to depart for Istanbul, Oman’s capital of Muscat and the Saudi city of Medina, according to Iran’s state-run television. Iran partly reopened its airspace earlier this month due to the ceasefire.

Iran’s Foreign Minister Abbas Araghchi meanwhile met with the Pakistan military’s chief of staff and Prime Minister Shehbaz Sharif. Araghchi wrote on Telegram that they spoke about regional developments, including Iran’s red lines for negotiations. Araghchi didn’t offer further details, but said Tehran would continue engaging with Pakistan’s mediation efforts “until a result is achieved.”

Pakistan works to get the US and Iran back to the negotiating table

Islamabad, where weeklong security restrictions have disrupted daily life in the capital, was in near-lockdown early Saturday ahead of the expected talks. Residents struggled to commute even short distances due to the now routine checkpoints, road closures and diversions.

The usually busy arteries leading to the airport and the heavily fortified Red Zone were largely deserted Saturday, with movement tightly restricted. Security forces — including troops, paramilitary commandos and police — maintained a strong presence at key intersections, especially near the airport, while helicopters circled overhead.

Pakistan has been trying to get U.S. and Iranian officials back to the table since Trump this week announced an indefinite extension of the ceasefire, honoring Islamabad’s request for more diplomatic outreach.

The White House said Friday that Trump was sending Witkoff and Kushner to meet with Araghchi. But shortly after Iran’s top diplomat arrived in Islamabad, his ministry said any talks would be indirect and that Pakistani officials would convey messages between the two sides.

Araghchi and Trump’s envoys held hours of indirect talks in Geneva on Feb. 27 over Tehran’s nuclear program, but walked away without a deal. The next day, Israel and the United States started the war against Iran.

White House press secretary Karoline Leavitt told Fox News on Friday that Witkoff and Kushner and would “hear the Iranians out.”

“We’ve certainly seen some progress from the Iranian side in the last couple of days,” Leavitt said. She did not offer any details about what U.S. officials were hearing.

Trump extends the Jones Act waiver for 90 days

Separately Friday, the White House said Trump issued a 90-day extension to the Jones Act waiver, making it easier for non-American vessels to transport oil and natural gas.

He first announced a 60-day waiver in March, hoping to stabilize energy prices and ease oil and gas shipments to the U.S. following the effective closure of the Strait of Hormuz, a strategic waterway through which a fifth of the world’s oil passes in peacetime.

The price of Brent crude oil, the international standard, retreated on the news, vacillating between $103 a barrel and more than $107 on Friday — still nearly 50% higher than when the war began.

Iran has kept its stranglehold on traffic through the strait, attacking three ships this week, while the U.S. is maintaining a blockade on Iranian ports and Trump has ordered the military to “shoot and kill” small boats that could be placing mines.

Germany’s Defense Minister Boris Pistorius announced Saturday that the country was sending minesweeper ships to the Mediterranean to help remove Iranian mines from the Strait of Hormuz once hostilities end.

The squeeze on shipments through the strait has rippled through global maritime trade flows, including through the Panama Canal nearly halfway around the world.

A growing toll even as ceasefires hold

Since the war began, at least 3,375 people have been killed in Iran, and more than 2,490 people in Lebanon, where new fighting between Israel and the Iran-backed militant group Hezbollah broke out two days after the Iran war started, according to authorities.

Additionally, 23 people were killed in Israel and more than a dozen in Gulf Arab states. Fifteen Israeli soldiers in Lebanon and 13 U.S. service members throughout the region have been killed.

The U.N. peacekeeping force in southern Lebanon has also sustained casualties. An Indonesian peacekeeper died of wounds sustained in an attack on his base on March 29, raising to six — four Indonesians and two French — the number of force members killed since the war erupted, UNIFIL said Friday.

The situation in Lebanon remained tense after Trump announced Thursday that Israel and Lebanon had agreed to extend a ceasefire between Israel and Hezbollah by three weeks. Hezbollah has not participated in the Washington-brokered diplomacy.

In a video released by his office Friday, Israeli Prime Minister Benjamin Netanyahu hailed “a process to achieve a historic peace between Israel and Lebanon.”

KelpDAO Bridge Exploit Analysis : North Korean Hackers Steal $292 Million Via Off-Chain Attack


Chainalysis noted that on April 18, 2026, cybercriminals believed to be tied to North Korea’s Lazarus Group executed one of the largest DeFi heists of the year, siphoning approximately $292 million (116,500 rsETH) from KelpDAO’s LayerZero-powered bridge. Unlike typical smart-contract vulnerabilities, this breach targeted off-chain infrastructure, exposing critical weaknesses in cross-chain verification systems.

Chainalysis indicated that the incident underscores how even audited protocols remain vulnerable when single points of failure exist in supporting networks.

The attack centered on KelpDAO’s use of LayerZero’s bridging adapter for transferring rsETH across chains.

The setup relied on Decentralized Verifier Networks (DVNs) to confirm transactions from the source chain, Unichain.

In a risky configuration common for new deployments, KelpDAO employed a single verifier—the LayerZero Labs DVN—creating a 1-of-1 dependency. Attackers exploited this by compromising two internal RPC nodes operated by LayerZero.

They gained access to the DVN’s node list, injected malicious software on isolated clusters, and simultaneously launched a DDoS assault on an external RPC node.

This forced the system to rely exclusively on the tainted internal nodes.

The compromised nodes deliberately reported fabricated block data, falsely indicating that rsETH had been burned on Unichain. No such burn ever occurred.

With the forged message validated by the sole DVN, the Ethereum-side contract released the full 116,500 rsETH to attacker-controlled addresses.

Every on-chain step—message relay, signature verification, and fund transfer—appeared legitimate, evading conventional monitoring tools that scan only individual transactions.

KelpDAO’s team quickly identified the anomaly and activated emergency pauses across Ethereum and its Layer 2 deployments.

They blacklisted the attacker’s addresses and collaborated with security firm SEAL-911, successfully thwarting a follow-up attempt that could have drained an additional $95 million (40,000 rsETH).

On April 20, the Arbitrum Security Council, working with law enforcement, froze more than 30,766 ETH of the stolen proceeds on downstream addresses, preventing immediate laundering while preserving chain integrity for other users.

Chainalysis analysts emphasize that the exploit succeeded because bridges depend on an essential cross-chain invariant: assets released on the destination chain must precisely match those burned or locked on the source.

Here, the phantom release created unbacked rsETH, threatening liquidity pools and collateral systems that rely on the token. Traditional audits and transaction monitors missed the breach entirely, as the manipulation occurred entirely off-chain.

The event highlights urgent lessons for DeFi infrastructure. Single-verifier setups and over-reliance on any one party’s RPC infrastructure represent unacceptable risks in high-value bridges.

Industry professionals recommend multi-DVN configurations and real-time invariant monitoring tools capable of cross-referencing burns and releases across chains.

Such systems could trigger rapid pauses before funds are swapped or bridged further.

While the swift response limited total losses, the attack serves as a reminder and concerning wake-up call that proper governance, coordinated freezes, and advanced detection layers are now essential to safeguarding decentralized finance against state-sponsored threats. Chainalysis concluded that as investigations continue, the case may reveal additional tactics used by the TraderTraitor subgroup of the infamous Lazarus Group.