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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Kinder Morgan, Andersons set sights on ethanol projects
Anderson Inc and Kinder Morgan Inc have drawn up separate plans for ethanol projects. The demand for ethanol is rising as gasoline consumption is increasing on cheaper prices. It's expected that ethanol blend may surpass the 10 percent blend wall limit in 2016.
Dec 22, 2015 09:43 PM EST
Top iron ore shipper forecasts 19% drop in 2016
Australia's Department of Industry & Science has lowered price forecast on iron ore for 2016 to $41.30 a metric ton from $51.20. Iron ore is the largest export earner for Australia, The export revenues fell 43 percent in 2015. The oversupply and slump in Chinese commodities market are keeping more pressure on iron ore prices.
Dec 22, 2015 09:37 PM EST
Cyberbullying Insurance is now available - to those who can afford it
Global insurance giant Chubb (CB) launched a new cyberbullying insurance that will cover as much as $74,600 for wealthy clients across the U.K. and the Republic of Ireland.
Dec 22, 2015 09:34 PM EST
Ericsson gets patent income from Apple’s iPhone sales profit
Ericsson has signed patent agreement with Apple over the wireless technology used in iPhones and iPads. The deal meant Apple would make one time payment and ongoing patent royalties payment to Ericsson.
Dec 22, 2015 09:28 PM EST
McDonald's Japan Shares Plunge After Report That US Parent Company May Sell Stake
McDonald fell the most in almost five years after a report that says the American fast food chain was looking for investors to offload its stake in the Japanese that's struggling to recover from a series of food scandals. McDonald's Corp., the U.S. parent company, is reportedly looking to gain about 100 billion yen ($825 million) and has asked potential buyers to respond by mid-January.
Dec 22, 2015 07:50 AM EST
Woolworths targets Chinese shoppers with new online store on Tmall Global site
Supermarket giant Woolworths is aiming to tap growing Chinese consumer demand for Australian products by setting up shop on Alibaba's Tmall Global. The embattled retailer took the move to defend its business after it found other retailers and individuals were selling its products through the Chinese site.
Dec 23, 2015 09:49 AM EST
Hillary's tough financial measures shrugged off by Wall Street
Wall Street is not worried about Hillary Clinton's proposal of stringent measures. The Democrat Presidential candidate is facing criticism over the contributions received from the Wall Street. Hillary said the donations from securities and investment segment are less than three percent of the total contributions she received.
Dec 22, 2015 08:23 PM EST
Panasonic to acquire US refrigeration firm Hussmann for $1.5 billion
Japanese electronics maker Panasonic announced it has agreed to buy the U.S. refrigeration firm Hussmann in a $1.54 billion deal. The deal is expected to close in April 2016.
Dec 22, 2015 10:00 AM EST
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