Axios

The CEO of mining giant Glencore said out loud what plenty of C-suite execs doubtless think: the "ESG pendulum has swung back over the last nine or 12 months," Gary Nagle said, per several outlets. State of play: Nagle's remarks Wednesday on the lessening pressure from investors on environmental, social...

"Pendulum has swung back" on ESG, mining CEO says

CBS News

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  After a brief stabilization period, gold's record-breaking year is back. In March, gold prices hit an all-time high of $2,160 per ounce and then repeated the feat in April, surpassing the $2,259 mark for another milestone achievement. The price of gold then soared to $2,435 on May 20, before adjusting to spot prices around $2,300 in June. But then, just when it appeared that gold's price had stabilized, it jumped to $2,493 on July 17, its latest record-setting price in 2024....

When will gold prices hit $3,000 per ounce? Here's what experts think

The gold price has just recorded a new record all-time high: $2,483 in the spot market on the night of July 17, 2024. Although this new record is a welcome development for precious metals investors, just within the last week a new signal has developed which may spell trouble for investors. This signal could suggest a significant top to develop soon in the gold price, so investors should monitor this developing situation closely.

Warning Signal for Gold & Silver Prices

Central banks across the world added more than 1,000 tonnes…. The price of gold decreased by 1% on Monday (5 August), falling below $2,400 per ounce (oz) for the first time since July. The metal appears to be caught up in a global market sell-off of raw metals. The spot...

Global market sell-off of metal caused the price of gold to fall by 1%

Warren Buffett has been selling a lot of stock, and that revelation is inducing his many admirers to follow suit. His Omaha, Nebraska-based conglomerate, Berkshire Hathaway Inc., reported Saturday that it reduced several positions and slashed its stake in top-holding Apple Inc., a sign to some in markets that the “Oracle of Omaha” was bracing for deep stock-market declines. The intended message wasn’t actually as clear-cut as meets the eye, but that nuance might not matter given the speed of the sentiment tailspin in markets.

Buffett's $277 Billion Cash Hoard After Selling Apple Is a Warning

Reuters

NEW YORK (Reuters) - Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces "uncertainty" on tariffs ahead of the U.S. presidential election, Newell CEO Chris Peterson said in an interview with Reuters.

Sharpie-maker Newell moves more operations from China as tariffs loom

Gold prices have been rising over the last couple of weeks and this week posted a new record high of $2,471 an ounce on the futures market. During Tuesday’s trading, spot gold rose 1.8% to nearly $2,466 an ounce. Gold prices have accelerated because traders have become increasingly convinced...

Price of gold hits new record high

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

(Reuters) — Intel was sued Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to post weak results, slash jobs and suspend its dividend, and caused its market value to sink more than $32 billion in a single day. The proposed class action...

Shareholders sue Intel after job, dividend cuts cause stock plunge

Gold prices steadied in early trading on Thursday as investors refocused their attention on the possibility for aggressive interest rate cuts in the U.S. and escalating tensions in the Middle East. Investors should monitor for a breakout or breakdown from an ascending channel on the gold chart, which will likely...

Watch These Gold Price Levels As Metal Steadies After Recent Selling

Stocks tumbled Thursday after fresh data stoked fears that the US economy is weakening as interest rates stay at a 23-year high.

Dow closes nearly 500 points lower as investors fear the US economy is faltering

The Motley Fool

Kinder Morgan's investment thesis is noticeably improving in the age of AI.

Meet the 5.4%-Yielding Dividend Stock That Is Crushing the S&P 500 and Nasdaq Composite in 2024

SAN FRANCISCO(CN) — A federal judge granted Friday morning a preliminarily approval for a $200 million settlement that will resolve a class action against Uber filed by shareholders who claim that the rideshare giant misrepresented its initial public offering in 2019. If U.S. Chief District Judge Richard Seeborg, a...

Uber reaches $200 million settlement with investors in IPO suit

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

GOBankingRates

Is your dream vacation abroad about to get cheaper? Or is your international investment portfolio in for a wild ride? Buckle up, folks, because some major global currencies might be headed for a...

7 International Currencies Expected To Plummet in Value by the End of 2025

Sean Kernan

Aviva Investors announced plans to shutter its Chicago office by the end of the year, while expanding its high-yield, credit-research, and trading teams in London and Toronto. This decision will affect 25 jobs in Chicago but underscores the company's commitment to strengthening its operations in other key financial hubs.

Aviva Closing Only US Office In Chicago

Markets Insider

US oil production hit a record high of 13.4 million barrels per day last week, up from 12.6 million barrels per day a year ago.

US oil production just hit a record high

The stocks have underperformed in 2024, but they all have great long-term growth prospects and investors should look at buying them on a dip.

3 Stocks Down More Than 11% in 2024 That Are Screaming Buys in August

ARCC Stock: A Stable Dividend for the Last 15 Years. There’ve been some positive developments for Ares Capital stock lately. It’s almost a lock that the Federal Reserve will begin cutting its key lending rate starting in September. And while interest rates are expected to decline over the next two years, they are still expected to remain above pre-2020 health crisis levels. In fact, the days of near-zero interest rates may be a thing of the past.

Ares Capital Stock: 9.1%-Yielder Reports “Another Strong Quarter”

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. Due to login issues, we are using both Rumble and YouTube for our videos. Rumble is also supportive of free speech (a good thing!), while YouTube has censored a lot of people for very questionable reasons. Click “SKIP AD” to bypass any ads and get straight to our video analysis. Super Force Signals (SFS) is also being rebranded as Super Gold Signals (SGS at https://supergoldsignals.com), to reflect the growing global importance of gold!

Gold Stocks: Some Refreshing Buys

NewsBreak

Swiss mining giant Glencore drops plan to exit coal

Swiss commodities giant Glencore announced Wednesday that it had decided against spinning off its coal business for now after consulting shareholders who view the polluting fossil...

Swiss mining giant Glencore drops plan to exit coal

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