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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

Markets

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.

Markets

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.

Markets

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.

American Airlines to buy $200 million worth of shares in China Southern

The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.

Mar 28, 2017 11:51 AM EDT

Qatar pushes £5 billion UK investment despite Brexit

Qatar claims that Brexit will have no impact on its investment efforts as the country is looking into the long-term view.

Mar 28, 2017 12:10 PM EDT

UK banks face new stress test scenario by the Bank of England

Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.

Mar 28, 2017 11:15 AM EDT

New pound coin's hidden security features, problems and availability

The new 12-sided £1 coin comes into circulation on Tuesday with a hidden security feature that would stamp out fraud and counterfeiting.

Mar 29, 2017 03:39 AM EDT

Starbucks lags behind Dunkin's performance

Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.

Mar 27, 2017 12:37 PM EDT

More big brands pull ads from YouTube

The brands told reporters on Thursday that they were pulling either some or all of their ads from Google-partnered websites. This comes after they were being alerted that their ads were still appearing next to extremist videos even after when YouTube has apologized for the matter.

Mar 27, 2017 12:16 PM EDT

Investors pull out from US stock funds

Wall Street has been put on defensive mode ever since Donald Trump became the president of the United States. This led to investors pulling out $8.9 billion from US stock funds that ended on March 22 according to a research conducted by EPFR Global.

Mar 27, 2017 08:02 AM EDT

Tech analyst notes key factors that could prevent Apple from becoming worth $1 trillion

The Cupertino-based company Apple's value is skyrocketing at the moment. With a valuation worth about three-quarters of a trillion dollars, the company is the best performer among tech companies. But a tech analyst notes three key factors that could prevent Apple from becoming worth $1 trillion.

Mar 27, 2017 12:26 PM EDT