“Gold, like many other assets, is ebbing and flowing in reaction to stimulus assumptions,” said Jonathan Citrin, founder and executive chairman at investment firm CitrinGroup. And this week, Federal Reserve Chairman Ben Bernanke and crew “leaned once …
Tight physical supply lends support * As equities gain, lagging investment demand could hurt * Shanghai gold, silver futures rise to record volume (New throughout, adds comment, byline, dateline) By Frank Tang and Clara Denina NEW YORK/LONDON, July …
Third, the recent rise in the dollar hurts our competitive position in exporting and whatever advantage we had seems to be diminishing under Japan's recent forced currency devaluation. The only meaningful hope the U.S. has for truly returning to a …
When the Brazilian billionaire Eike Batista appeared on the Charlie Rose show in 2010, he and his country were on a roll. Brazil's economy, driven by a worldwide commodity boom, grew a blistering 7.5 percent that year. And Mr. Batista's prodigious …
High School. Students during a meeting at the guidance office at Akins High School in Austin, Texas, April 4, 2013. (Photo: Ben Sklar / The New York Times)Ever since the emergence of talking pictures, schools have been a major subject of both Hollywood …
Still, in pursuit of some LOLs, Bloomberg Businessweek (a publication that's owned, coincidentally, by billionaire and politician Michael Bloomberg) has assembled a snazzy infographic, comparing hip-hoppers' inflated lyrical boasts of wealth with …
Mexican President Enrique Peña Nieto met Thursday with the world's richest man, Microsoft (NASDAQ: MSFT) cofounder Bill Gates, and fellow billionaire Berkshire Hathaway (NYSE: BRK.) CEO Warren Buffett, to discuss opportunities for investing in Mexico.
… for younger and mass-affluent investors," Mr. Reiner says. Big brokerages such as Bank of America's (BAC) Merrill Lynch are also trying to make inroads with mass-affluent investors, largely through online and phone-based services to manage portfolios.
After all, the largest portion of the nation's aging population still heavily relies on government subsidies such as Social Security and Medicare to help pay for senior lifestyle and care facilities. In this sense, a … Risks to Consider: Although the …