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Precious Metals

“Gold prices to breach all-time highs? Some expect bullion to hit $2,500”

August 11, 2023

“… …” https://www.cnbc.com/2023/08/11/gold-prices-to-breach-all-time-highs-with-some-calling-for-2500.html

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Banking, Economy, Personal Finance

“U.S. Credit-Card Balances Soar 16% to Pass $1 Trillion for 1st Time”

August 9, 2023

https://finance.yahoo.com/m/1f9b0a3e-858d-3724-bcb4-0dfe23a5d302/u-s-credit-card-balances.html This article is behind a pay wall but I want to comment on something. Now is the worst time ever to have bad debt. This is prime time to pay debt off. Keep some reserves. The biggest investment opportunity… Continue Reading…

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Business

“Honda posts 78% rise in Q1 profit on U.S. sales jump”

August 9, 2023

“Japan’s Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen… Like other automakers, Honda said it benefited from strong sales to retail customers in… Continue Reading…

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Business

“Bud Light May Never Recover From The Controversy That Cost $400 Million In Lost US Sales “

August 9, 2023

“Bud Light may never recover from the ongoing controversy surrounding the brand, according to an anonymous beer distributor who spoke to the New York Post on July 31… During the past few months, the company experienced hiring freezes and mass layoffs. Beer… Continue Reading…

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Business

“sony raises forecast on PlayStation gaming growth but profit drops 31% in first quarter”

August 9, 2023

“Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming… Continue Reading…

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Business, Stocks

“From $40 billion to ‘going concern’ — WeWork warns of possible bankruptcy”

August 9, 2023

“The spectacular collapse of a company once valued by SoftBank at $40 billion has been years in the making, but is still surprising given the number of large commercial buildings around the world that don the company’s name. The combination of the… Continue Reading…

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Stocks

“biotech Firm Pops 677% on Social Anxiety Spray Trial Success”

August 8, 2023

“A beaten down micro-cap biotech company, Vistagen Therapeutics Inc., notched its best day ever, surging by as many as four digits after its experimental nasal spray for social anxiety disorder hit targets in a late-stage trial. The drug developer’s stock… Continue Reading…

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Business

“Paramount to sell Simon & Schuster to KKR for $1.62 billion; media giant’s earnings top estimates”

August 8, 2023

“Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday as it reported earnings that topped Wall Street estimates… Paramount executives said during Monday’s earnings call that the proceeds… Continue Reading…

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Economy

“China reports double-digit plunge in July exports and imports, missing expectations”

August 8, 2023

“China said Tuesday that exports fell by 14.5% in July from a year ago, while imports dropped by 12.4% in U.S. dollar terms. That’s worse than what analysts had expected. A Reuters poll predicted a 12.5% decline in exports in… Continue Reading…

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Real Estate

“Home prices hit record highs in nearly two-thirds of major markets”

August 8, 2023

“Home prices are ticking up again and reaching new highs in many markets across the country, according to a new report. Prices grew by 0.8 percent in June after slowing for more than a year, pushing prices to record levels in around… Continue Reading…

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