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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Iran exports news halts 3-week run of price rise for oil
The trouble-hit Iran has reiterated that it'll take the exports to the pre-sanctions level after the sanctions are lifted. This has curbed the three-week streak of oil price rise. The oil price rose encouraging for the first time since April.
Dec 28, 2015 09:21 PM EST
Sportswear Stores Struggle in Race to Reach Consumers
Due to the increased sales of online retailers, independent sportswear companies are already suffering. But their major fear is competing with the large vendors like Nike. It gets tough for the small retailers to change their orders with every change in fashion taste as the ordering cost is high, but large vendors can easily afford it.
Dec 28, 2015 09:53 PM EST
Mexico's Pemex to slash down jobs in 2016
Mexico state-run oil major Petroleos Mexicanos (Pemex) may reduce jobs in 2016 as part of its restructuring plan. The company is keen on making partnerships along the production chain. Pemex may tap private capital for funding the business strengthening operations.
Dec 26, 2015 08:19 PM EST
JPMorgan alerts Japan Inc to brace up for ¥100/USD
The latest forecast form JPMorgan Chase & Co has alerted the Japanese industry to be ready for the rising Yen to ¥100/USD in 2016 from the current 121. However, it also said that the surge in currency value may not harm drastically. Contrary to this, another survey carried out by Nikkei Research for Reuters indicated yen would fall to 130 per dollar.
Dec 26, 2015 08:17 PM EST
Starbucks upbeat on record gift card sales on Christmas Eve
American coffee chain Starbucks is bullish on gift card sales this Christmas Eve. It sold 2.5 million gift cards last year. Starbucks has associated with Swarovski for selling $200 gift cards including $50 worth coffee that have been encrusted with crystals.
Dec 26, 2015 08:08 PM EST
Palantir Technologies Reached $2 Billion in Valuation
Palantir Technologies Inc., the data analysis company has raised another $200 million funding, adding up to its $2 billion of company's valuation.
Dec 25, 2015 07:47 PM EST