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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Despite Job Market Rebound, Fed Struggles to Find Desired Slack in Labor Landscape
The COVID-19 pandemic's labor wounds were largely healed by the end of the U.S. economy last year, but policymakers at the Federal Reserve are still stuck waiting for wage and job growth to slow down to a reasonable level.
Jan 08, 2024 10:28 AM EST
US Chip Stocks Drop Sharply After Strongest Year Since 2009, Raising Recession Concerns
U.S. chip stocks continued their losing streak on Wednesday, as Wall Street's primary semiconductor benchmark fell from all-time highs after the industry had its best year since 2009, when it recovered from the financial crisis.
Jan 04, 2024 10:20 AM EST
Analysts Predict Steady Growth for US Economy in 2024, Dispelling Recession Fears
Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.
Jan 03, 2024 09:50 AM EST
2024 Bids Farewell to Old Ways, Reshapes Investment Landscape
Investors seem to be persuaded that the main Western central banks are about to make the long-awaited shift from rising to lowering interest rates. As a result, markets rose, but as the globe becomes used to an economic system where money is not easily obtained, 2024 may surprise us.
Jan 03, 2024 06:41 AM EST
Wall Street Slump Sparks Rush for Stability After 2023 Boom
Wall Street on Tuesday gave back some of its significant gains from the previous year due to a poor start to 2024.
Jan 02, 2024 08:07 PM EST
Fab Four: These Undervalued Gems Could Be the 2024 Market Leaders
The true question, though, is whether the "Magnificent Seven"will continue to dominate the industry in 2024, or may other equities take the lead in 2024?
Jan 02, 2024 08:56 AM EST
Fed Pivot Calms Junk Bond Jitters, But Concerns Remain Over Debt Sustainability
The market for junk debt is thriving because to investor expectations that the Federal Reserve would begin lowering interest rates. This will also help the lowest-rated corporations in a timely manner and probably cap the default rate in 2024.
Jan 02, 2024 08:42 AM EST
The Best of Money Times 2023
Welcome to "The Best of Money Times 2023," a curated compilation that highlights the most insightful, intriguing, and influential financial news and analyses of the year. In this comprehensive overview, we navigate through the dynamic landscape of global finance, covering a myriad of topics ranging from economic trends and market dynamics to investment strategies and corporate developments.
Dec 30, 2023 11:22 PM EST
Falling Rates Revive Buyer Optimism, Fueling Housing Market
This week's mortgage rates are down one further, to their lowest point since May.
Dec 29, 2023 12:10 PM EST
S&P Squeezes Out Tiny Gains, Hinting at Fragile Bullish Recovery
On the last trading day of 2023, the S&P 500 retraced its early gains and settled marginally higher on Thursday.
Dec 29, 2023 04:23 AM EST
Red Sea Ripples Rock Oil Markets: Prices Slump Nearly 2% on Edgy Investors
Wednesday saw an almost 2% decline in oil prices, offsetting the gains of the previous day as investors kept an eye on events in the Red Sea, where merchants are returning after further attacks on Tuesday.
Dec 28, 2023 07:37 PM EST
U.S. Dodges Recession in 2023, But Experts Warn of Challenges in 2024
Predictions regarding 2023 were almost unanimous: a recession was on the horizon. As the year draws to an end, the anticipated economic slowdown has not materialized.
Dec 27, 2023 09:17 AM EST
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