Twelve schoolchildren and their driver were killed in South Africa on Wednesday when their minibus overturned and caught fire on a road in Gauteng province, officials said. The accident took place a day after schools reopened after the winter holidays. Seven other children were injured in accident, which took place…
A fire broke out in the spire of the cathedral in the French city of Rouen on Thursday morning. The blaze erupted at the top of the spire of the gothic Our Lady of the Assumption Cathedral in Rouen, in the northern region of Normandy. Images posted on X by…
Will Fed Chief Jay Powell rouse King Midas from his summer slumber? Gold investors are eager to have that question answered. The Fed’s response will determine whether investors press pause or pull the trigger. Thursday’s CPI data seemed favorable enough. Consumer prices are easing, raising Wall Street’s hopes for a…
This is a complimentary excerpt from the subscriber-only DecisionPoint Alert. NVIDIA (NVDA) broke down today in what looks like an echo of last month’s pullback. There is a short-term double top with price resting on the confirmation line. This could just be a one day event; however, if we assume…
Here are some observations from golf that you might want to take into consideration. 1. I cannot begin to count the number of times while playing golf that someone thinks they are “away” when the distance between their ball and the cup versus the other person’s ball and the cup…
What a strange trip it’s been! After breaking out of its June 20 to July 3 sideways movement, the S&P 500 ($SPX) index finally broke out to the upside–until it didn’t. That was on Thursday. Friday was a different story. After Thursday’s CPI report, the stock market reacted in a…
A copper crunch is coming as demand builds and the hunt for viable deposits comes up short. That’s according to Robert Friedland, a well-known mining industry financier whose current roles include board leadership positions at Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and Ivanhoe Electric (TSX:IE,NYSEAMERICAN:IE). ‘We see a crisis coming in physical markets,…
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that the U.S. economy is likely in for a period of slower economic growth. Pepsi and Delta Air Lines both offered subdued financial outlooks as they reported quarterly earnings Thursday, and…
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Doug Sharp isn’t a rich man — but he has played one in Hollywood. Sharp, 59, lives in Los Angeles and until recently got the bulk of his income…
Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress on inflation could end up short-changing seniors and other Social Security recipients when they learn their annual cost-of-living increase later this year. According to the latest estimate from The Senior Citizens…