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Inflation Pinch, EVs Cited as Gas Prices Drop Despite Summer Travel Season

Inflation Pinch, EVs Cited as Gas Prices Drop Despite Summer Travel Season

People are shocked to learn that gas prices are really falling around the country during this time of year, even though they generally rise during this season.

Jun 13, 2024 02:42 AM EDT


Gold Frenzy in Asia: Is There a Hidden Motive Behind the Rush?

Gold Frenzy in Asia: Is There a Hidden Motive Behind the Rush?

According to industry sources, demand for gold is surging in Asia as investors purchase the metal as a hedge against political and economic volatility, even if prices are nearing their record highs from May.

Jun 12, 2024 10:07 AM EDT


US Growth Lifts Global Forecast, World Bank Sees 2.6% Expansion This Year

US Growth Lifts Global Forecast, World Bank Sees 2.6% Expansion This Year

Based on consistent growth in the US, the World Bank revised up its forecast for the world economy on Tuesday, predicting that it will grow by 2.6% this year.

Jun 12, 2024 08:44 AM EDT


Buy Now, Pay Later Now More Manageable for Small Businesses

'Buy Now, Pay Later' Now More Manageable for Small Businesses

One common method used by consumers to pay for items is "buy now, pay later" services. The payment plan, which enables customers to spread out payments for products over several weeks or months, is typically advertised as zero-interest or reduced interest.

Jun 12, 2024 01:01 AM EDT


Alarm Over Fake Medical Devices: Roche Sues After Counterfeits Found on Amazon

Alarm Over Fake Medical Devices: Roche Sues After Counterfeits Found on Amazon

One of the biggest biotech firms in the world, Roche, said that "dangerous counterfeits" of its diabetic medical equipment were being sold on Amazon and purchased by patients across the country.

Jun 11, 2024 11:30 AM EDT


Gold Mine Production Stalls as Existing Resources Deplete, Industry Faces Challenges

Gold Mine Production Stalls as Existing Resources Deplete, Industry Faces Challenges

According to the World Gold Council, the mining sector is finding it challenging to maintain output growth as yellow metal resources become more difficult to locate.

Jun 11, 2024 11:04 AM EDT


Feds Team Up to Oversee Booming AI Industry

Feds Team Up to Oversee Booming AI Industry

The broad contours of an agreement that could result in increased government supervision of the quickly developing artificial intelligence market, which includes major players like Microsoft, Nvidia, and OpenAI, have been approved by federal regulators, two individuals with knowledge of the negotiations told CBS News.

Jun 11, 2024 10:25 AM EDT


Homeownership Costs Surge, Expect $18,000 Yearly in Taxes, Insurance, Utilities

Homeownership Costs Surge, Expect $18,000 Yearly in Taxes, Insurance, Utilities

The cost of house ownership is rising by thousands of dollars due to rising rates for utilities, property taxes, and homeowners insurance.

Jun 11, 2024 06:47 AM EDT


Adults Drive Toy Market for First Time Ever

Adults Drive Toy Market for First Time Ever

For the first time, adults purchased more toys for themselves last quarter than any other age group, exceeding the traditionally strong preschooler sector.

Jun 11, 2024 03:00 AM EDT


Spotify Leads Potential Price Increase Wave in Audio Streaming Services

Spotify Leads Potential Price Increase Wave in Audio Streaming Services

Following new pricing increases for its premium US membership plans, Wall Street bulls continue to laud Spotify's (SPOT) outlook, which has led to a spike in the company's shares. The stock has increased by almost 70% since the beginning of the year.

Jun 10, 2024 07:46 AM EDT


Big Tech Soars, But Can Other Sectors Keep Up to Fuel Market Rally?

Big Tech Soars, But Can Other Sectors Keep Up to Fuel Market Rally?

Since the start of the most recent stock market rise in October 2022, investors have taken it for granted that Big Tech will continue to expand.

Jun 10, 2024 03:36 AM EDT


"Roaring Kitty" Disappoints, GME Slips 40% After Long-Awaited Livestream

"Roaring Kitty" Disappoints, GME Slips 40% After Long-Awaited Livestream

Keith Gill, also known as "Deep-------Value" on Reddit and as "Roaring Kitty" on X and YouTube, conducted his first livestream after the three-year-old meme stock craze.

Jun 10, 2024 09:43 AM EDT


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