The debate over whether artificial intelligence (AI) is humanity’s greatest threat or greatest hope has reached a fever pitch, and everyone seems to have an opinion. A recent survey from Maveron and A/B Consulting found that Americans are nearly evenly split on the matter: 37% of consumers are excited about AI, while 40% are fearful.… Continue reading Humans Invented AI and We Will Determine Its Fate
Big Money Is Chasing Sports Collectibles: Investing Opportunity or Market Top?
When approaching the sports collectibles market as a potential investment strategy, it is imperative to enter with eyes wide open and invest only what you can afford to lose. It can be risky, valuations can fluctuate substantially, and the timing of any purchase or sale will ultimately determine long-term success. Sports memorabilia has been changing… Continue reading Big Money Is Chasing Sports Collectibles: Investing Opportunity or Market Top?
Stock Market Today: Stocks Close Mixed Ahead of July Jobs Report
Stocks spent most of Thursday morning in positive territory as investors cheered the latest inflation data. While the indexes ran out of steam around lunchtime, a mid-afternoon rally brought them off their session lows, and put a cap on what’s been a very tough month for the equities market. The Bureau of Economic Analysis… Continue reading Stock Market Today: Stocks Close Mixed Ahead of July Jobs Report
Chewy Says People Are Now More Discerning on Where They Shop
Chewy (CHWY) beat second-quarter sales and earnings expectations and said it believes high inflation is causing pet store customers to become more discerning on where they shop. For the quarter ended July 30, Chewy reported earnings with net sales growth of $2.78 billion, up 14.3%, and adjusted net income of $63.3 million, up 1.9%, compared… Continue reading Chewy Says People Are Now More Discerning on Where They Shop
Warren Buffett and Vivek Ramaswamy are miles apart politically. But the investing icon and Republican upstart have a few things in common.
Warren Buffett and Vivek Ramaswamy differ in their political views but have some things in common. They like bargains and holding companies, and worry about the impact of social issues on business. The Republican upstart once said he wanted to build the “Berkshire Hathaway of drug development.” Loading Something is loading. Thanks for signing up!… Continue reading Warren Buffett and Vivek Ramaswamy are miles apart politically. But the investing icon and Republican upstart have a few things in common.
China tries again to support its battered economy, bringing in new measures to boost the yuan
China ramped up its efforts to support the struggling yuan Friday. Its central bank slashed the amount of foreign currency financial institutions are required to hold. The renminbi has plummeted against the dollar this year, with China’s economy stagnating. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading China tries again to support its battered economy, bringing in new measures to boost the yuan
Dollarization is the only way for Argentina to stop its ‘death spiral’, economist Steve Hanke says
Red-hot inflation and a plunging peso have fueled calls for Argentina to ditch its currency. Economist Steve Hanke reiterated his view that the country should adopt the dollar as the means of exchange. “DOLLARIZATION is the only way to stop Argentina’s death spiral,” he wrote in a post on X. Loading Something is loading. Thanks… Continue reading Dollarization is the only way for Argentina to stop its ‘death spiral’, economist Steve Hanke says
US stocks trade mixed to close out tough August as traders brace for jobs report
Jennifer Sor Getty Images / Drew Angerer US stocks traded mixed on Thursday and ended August in the red. The S&P 500 closed off the month 1% lower, while the Dow and Nasdaq shed 2%. Investors are eyeing the release of Friday’s job report, which will inform the Fed’s next policy move. Loading Something is… Continue reading US stocks trade mixed to close out tough August as traders brace for jobs report
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