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…
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to how interest-rate policy affects the strength of the U.S. dollar. Here’s the basic idea: An environment of rising U.S. interest rates relative to those in other nations…
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 L.A. and until recently got the bulk of his income by…
The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. “As sports evolve, we want to make sure our policies reflect that,” Goodell said in an interview with CNBC’s Julia Boorstin…
Three days after the second round of France’s snap parliamentary election ended in gridlock, President Emmanuel Macron broke his silence to urge mainstream parties to form a solid majority in the National Assembly and shut out the extremes. France’s vote, which Macron unexpectedly called after his party was trounced by…