Buy Gold Bars at Costco? Why Guns, Gold, and Hard Assets Go Viral
The numbers show that when the going gets tough, Americans get to buying guns and gold. Signs of this gold rush might even be found amongst something as commonplace and red, white, and blue as Costco's floor-to-ceiling pallets of bulk household products and its $1.50 hotdog line. But the gold's origins are not so red, white, and blue.
Apr 12, 2024 02:28 PM EDT
Tech Titans Urge Senate: The Case for a TikTok Ban
Recently, Vinod Khosla, a luminary in venture capitalism, alongside Jacob Helberg, a senior advisor at Palantir, escalated the discourse by penning a compelling open letter to the U.S. Senate. Their message? It's time for a TikTok Ban.
Gold's Glittering Rally: Hitting Record Highs Amid Rate Cut Buzz
Gold is not just commanding attention now; it's practically screaming from the rooftops. On Monday, bullion prices soared to another record high, driven by whispers of U.S. interest rate cuts and its timeless allure as a safe haven asset. Let's dive into what's sparking this golden rally.
Why You Need to Think About Investing in LSD
What's not normal is pretending that mental illness doesn't affect everyone to some degree, or that it isn't getting worse. It is. It's why there's a rich history of psychedelics in literature. In Plato's Phaedo, the philosopher says he was inspired by the Eleusinian Mysteries, an ancient religious ceremony where participants took psychedelics.
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US Firms are Attracted to Invest in Israeli Cannabis R&D
Firms in United States are looking into Israeli cannabis research and development. Israel, the pioneer in high tech agriculture is now leading the medical marijuana R&D.
Mar 30, 2016 08:23 AM EDT
India Announces Guidelines For Online Market Places Allowing 100% FDI
Indian finance ministry has issued a new set of guidelines for regulating the online market places. The guidelines also include definition of ‘ecommerce’, ‘inventory based model’ and ‘market place model’ to bring clarity in this sector. However, clarity in segmentation of ecommerce business has been applauded by the analysts.
Mar 30, 2016 08:20 AM EDT
Wall Street Responded Janet Yellen Remark With Positive Sentiment
Wall Street hits the record high in 2016. The market reacted positively after the Fed chairwoman's speech in the Economic Club Of New York on Tuesday.
Mar 30, 2016 08:18 AM EDT
Russia's oil giant Rosneft promises to make investments amid weak oil prices
Rosneft, the Russia-based oil firm, has promised to make investments of roughly EUR 13 billion annually through 2018, which is an increase of 30% for the year 2016.
Mar 30, 2016 08:15 AM EDT
US Seeks to Strengthen Economic Relationship with ASEAN to Counter China
As China has increased its influence in Southeast Asia, U.S. stepped in. United States plan to match China in rebalancing Asia by increasing partnership with ASEAN.
Mar 30, 2016 08:08 AM EDT
BoE Increases Capital Buffer Ceiling To Facilitate Probable Post Brexit Lending Market
The Financial Policy Committee (FPC) of Bank of England (BoE) has warned on Tuesday about possible financial outlook after Brexit. To tackle the possible lending market debacle, the committee has raised bank’s capital buffer requirement. However, the move has been criticized by the Brexit supporters whenever the referendum poll gets nearer.
Mar 30, 2016 08:05 AM EDT
Prime Minister Li Keqiang is Optimist for China's Economic Recovery
In the annual Boao Forum for Asia (BFA) last Thursday, Premier Li Keqiang deliver keynote speech. He pledged the government will refrain to intervene in economic and market.
Mar 30, 2016 08:03 AM EDT
Mexico's January economic activity increases 2.9%
Economic activity in Mexico increased 2.9% during January 2016 from the corresponding period in 2015. The rise in economic activity was due to a robust performance by three sectors in the country.
Mar 30, 2016 08:01 AM EDT
Bitcoin underrated by more than $200 according to Investment Bank Needham & Co
The report released by Needham & Company, an investment bank and asset management company, showed that bitcoin has been undervalued by more than $200, nearly 58% based on the current price.
Mar 30, 2016 07:58 AM EDT
Current and Former Players Participated in Four-Day NFL Finance Camp
National Football League (NFL) will hold boot camp on April 4 to 7, 2016. A total of 28 current and former players with their family members participated in the finance camp in Florida.
Mar 30, 2016 07:56 AM EDT
France Emerged as Booming Tech Landscape, Startups Raised Almost 1 Billion Euros in 2015
French tech startups managed to secure almost 1 billion euros in funding last year, establishing the country’s place in the European tech landscape. Most investments were still made by domestic investors, although there are prominent foreign investors involved in big fundings.
Mar 29, 2016 09:35 AM EDT
Ineos Plans to Relocate HQ to England this 2016
After moving its headquarter for six years in Swiss, the petrochemical giant sets to return home. Founder and CEO Jim Ratcliffe planned to relocate its headquarter back to England.
Mar 29, 2016 09:29 AM EDT