Gold has long been considered a store of wealth, and the gold price often garners its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs […]
The S&P/TSX Venture Composite Index (INDEXTSI: JX ) improved by 13.93 points last week, closing at 546.26. Thursday (November 30) brought good news for the US economy, with the Federal Reserve signaling that it is likely done hiking interest rates . However, its wait-and-see approach leaves the door open to possible changes. That sentiment was […]
Amazon Web Services has unveiled recent upgrades to two of its home-grown silicon chips. Meanwhile, Sam Altman has officially resumed his post as OpenAI CEO and has named new board members to replace Helen Toner, Tasha McCauley and former Chairman Ilya Sutskever. However, his ousting may have resulted in setbacks for OpenAI’s plans to launch […]
Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking this metric in 2001, meaning it’s even worse than readings during the financial crisis more than a decade ago. Sales were down 8.5% from October of last […]
The entertainment industry is grappling with how to talk about the war between Israel and Hamas nearly two months after it erupted. Some in Hollywood say they’re being silenced for speaking out on human rights, decrying what they see as censorship and retaliation in a business anchored in expression. Others say surging antisemitism requires clearer […]
Gold began the final month of the year auspiciously, hitting a fresh all-time high. February gold futures ended Friday (December 1) at US$2,091.70 per ounce, but as Lobo Tiggre of IndependentSpeculator.com pointed out, the yellow metal closed at its highest level ever regardless of the contract. The move has generated excitement among market participants, but […]
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too early to declare victory over inflation. Despite a string of positive indicators recently regarding prices, the central bank leader said the Federal Open Market Committee plans on “keeping policy restrictive” until policymakers are convinced that inflation […]
Red Lobster’s parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss in the third quarter of the year because its $20 shrimp promotion wasn’t very profitable and was more popular than the company anticipated. ‘The proportion of the people selecting this promotion was much higher compared […]
Atlantic Lithium (ASX:A11, AIM:ALL, OTCQX:ALLIF) intends to leverage Ghana’s 180,000 tonnes of estimated resources through its flagship Ewoyaa project, set to become Ghana’s first lithium-producing mine. Atlantic Lithium intends to produce spodumene concentrate capable of conversion to lithium hydroxide and carbonate for electric vehicle batteries. In June 2023, Atlantic Lithium released a definitive feasibility study […]
Many Peaks (ASX:MPG) capitalizes on Australia’s and Canada’s ongoing push to strengthen domestic critical mineral production by advancing its gold-copper assets in Queensland, Australia, and other key energy transition projects in Newfoundland and Labrador, Canada. Many Peaks’ Canadian assets target REE and lithium deposits where Newfoundland represents an emerging district of lithium strategically positioned with […]