Industry

Gold Prices Soar Due To Uncertainty Caused By Wars

Rising US Debt Levels and Economic Instability Fuel Gold Price to New Record High of $2,700 per Ounce

Gold prices have surged to $2,729 per ounce, with experts predicting further increases due to rising US debt and central bank purchases.


Disney Extends CEO Succession Timeline to Early 2026 for More Due Diligence

Disney plans to announce a new CEO successor by early 2026, with James Gorman taking over as chairman of the succession planning committee in January 2025.

7-Eleven, Convenience Store Giants Face Decline in US Cigarette Sales Due to Vape

US cigarette sales are declining due to rising vape use, prompting convenience store to explore mergers and pricing strategies.

US East and Gulf Coast Port Workers Set to Strike, Threatening $5 Billion Daily Economic Loss

US East and Gulf Coast port workers plan to strike at Tuesday, potentially halting half of the nation's shipping and costing the US economy $5 billion daily due to a standoff over pay.


Latest News

Masjid al-Haram
Countries showcase their culture and history through architecture. Here are the top 5 most expensive buildings in the world and why they were built.
Boeing Clinches $7.5 Billion Deal to Develop 'Smart' Bombs for US Military
Boeing's shares rose 3% in premarket trading after a tentative labor agreement with a Pacific Northwest union, which includes a 25% wage increase and a commitment to build future aircraft in Seattle, potentially averting a major strike.
Ford and Other Top Companies Pull Back from DEI Initiatives—Here's Why It's Bad for Business
Anti-DEI activism pushes major companies like Ford and Molson Coors to scale back their diversity efforts, risking brand reputation and investor confidence.
Volvo Joins GM and Ford in Dropping 'Ambitious' Electric Vehicle Sale Due to Tough EV Market
Volvo has revised its 2030 goal from exclusively electric vehicles to offering a mix of electric and plug-in hybrid models due to slower EV demand and new trade tariffs.
Kamala Harris Campaigns In Detroit On Labor Day
A win for Kamala Harris and the Democrats would boost US economic growth and job opportunities for Americans, while a Trump victory could lead to reduced economic output due to higher tariffs and stricter policies, according to Goldman Sachs.
Bluesky Interface
Bluesky saw a surge in users in Brazil after the country banned Elon Musk's X platform, leading to performance issues due to high traffic.
Tesla Annotators Get ‘Intimate View of Driver’s Daily Life’ While Doing Repetitive Labeling Jobs at About $20 Per Hour
Tesla's Autopilot software relies on an extensive team of data annotators who label intimate driver video clips under strict surveillance, raising privacy concerns and leading to worker pushback.
US Economic Growth Paces Stronger Than Expected, Thanks to HIgh Consumer Spending
The US economy grew at a 3.0% annualized rate in Q2 2024, driven by strong consumer spending and a rebound in corporate profits, reflecting continued economic growth.
US Plans to Buy Up to 4.5 Million Barrels of Oil for Strategic Petroleum Reserve
US crude oil prices rose to $74.92 per barrel on Thursday, driven by supply disruptions in Libya and weak demand from China.
Pharmaceutical Company Eli Lilly Headquarters
Eli Lilly is launching a lower-priced version of its weight loss drug Zepbound to increase access and combat counterfeit versions.
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