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Business News

Location American Business News for 30 July 2016

Jim Grant Is Bullish on Gold, Bearish on Kraft

Barron's - 30 Jul 2016 11:01
Jim Grant Is Bullish on Gold, Bearish on Kraft The founder of Grant's Interest Rate Observer foretells fiat money's end game, and a bull market in metals.
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Gold tops Rs31,000-level after 29 months

livemint.com - 30 Jul 2016 14:42
Gold tops Rs31,000-level after 29 months Gold of 99.9% and 99.5% purity soared Rs540 each to Rs31,340 and Rs31,190 per 10 grams, respectively
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(Reuters) - U.S. authorities have issued subpoenas to Goldman Sachs Group Inc for documents related to the bank's dealings with scandal-hit Malaysian state fund 1MDB, the Wall Street Journal reported late on Friday.
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President Trump May Be Bad For Markets

Forbes - 30 Jul 2016 17:00
President Trump May Be Bad For Markets A lot of people seem to think that if Donald Trump becomes the next U.S. President, then it will be good for our stock markets. After all, he is a successful business man. And we also tend to think that Republicans are t...
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Week Ahead On Wall Street: Jobs Report, Earnings Parade Marches On Here's what investors should watch the week of July 31.
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Stress Tests Find Some Big European Banks Wanting

The New York Times - 30 Jul 2016 03:46
Stress Tests Find Some Big European Banks Wanting Banca Monte dei Paschi di Siena of Italy, the worst performer in the stress tests, announced that it would raise 5 billion euros in new capital.
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9 outdoor clothing brands you'll like as much as Patagonia

Business Insider - 31 Jul 2016 01:00
9 outdoor clothing brands you'll like as much as Patagonia The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we may get a share of the revenue from your purchase. When looking for reliable, quality outdoor gear, Pata...
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Interest rate cut: good news for mortgages, bad news for savers If the Bank of England cuts rates to 0.25%, it will benefit home-buyers, but once again savings will be hit Those with large tracker mortgages can prepare to break out the prosecco. If you rely on savings income, it's mo...
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Why not invest in your local chippy? It could be a source of renewable energy As negative interest rates loom, savers are scouting around for alternatives. A new investment promises 8% returns - from recycled cooking oil Next Thursday the Bank of England is widely expected to make its first rate c...
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Cities around the world where beer is the cheapest Whaddya know, the 2016 beer price index is here.          
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New identity theft insurance is free for consumers 13.1 million Americans were victims of identity theft in 2015, study found.          
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Instagram is making a once-luxury product go mainstream

Business Insider - 30 Jul 2016 15:45
Instagram is making a once-luxury product go mainstream Juice Generation A few years ago, some people might have argued that having access to information about wellness was a privilege strictly reserved for the elite. But now, it's becoming more mainstream — and it's likely...
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Cloud-computing startup's IPO another big win for tech stocks A sluggish year for tech initial public offerings is warming up. Talend -- a cloud-computing startup with offices in France and California -- saw its shares surge 42 percent, to $25.50, in their first day of trading on t...
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Primary Is Aiming To Be The Warby Parker Of Children's Clothing With Affordable Unisex Apparel Christina Carbonell and Galyn Bernard launched Primary in 2015, a baby and children's gender-neutral fashion brand offering an array of unisex basics such as hoodies, polos and layering tees from ranging from $6-$25. Pr...
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Republicans and Democrats are both using the same argument to gin up enthusiasm among jaded voters Alex Wong/Getty Images PHILADELPHIA — Following a dark and occasionally rocky Republican convention in Cleveland last week, Democratic planners wanted to strike a different, more harmonious note. But as raucous prote...
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A lot of frustrated investors are turning to junk bonds to generate extra cash flow. Compared to government bonds, junk bonds yield a juicy interest rate. But with the extra interest comes risk. Jill Schlesinger reports.
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21 movie sequels that are way better than the originals

Business Insider - 30 Jul 2016 18:17
21 movie sequels that are way better than the originals LucasFilm via YouTube Sequels are taking over Hollywood. But that's nothing new. If a movie does well, or if it's based on an existing property, the likelihood that it will get a sequel is very high. Some sequels are si...
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How The $50 Billion Dollar Wedding Industry Could Be A Platform For Philanthropy Beth Helmstetter is looking to fuse philanthropy with weddings. Photo Courtesy of Subject. Beth Helmstetter is an event planner and designer.  She specializes in destination weddings.  She has an MBA in nonprofit admin...
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Here's what Yahoo's former CEO had to say about the company's $4.83 billion sale to Verizon (YHOO, VZN) LinkedIn In 2012, Ross Levinsohn was Yahoo's interim CEO and in the running to take on the job permanently, having spent years running the company's sales organization. Yahoo gave the job to former Googler Marissa Mayer,...
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Where To Work? The Best Paying States For Tech Jobs In America If you are a technology worker looking for new challenges, this data can be helpful for making decisions on relocation and skills development.
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Deutsche Bank's CEO said something that should frighten the bank's employees Thomson Reuters Deutsche Bank's profits in the second quarter nosedived to just 20 million euros, or $22 million, from 800 million euros in the same period last year. The results were affected by a tough environment for ...
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The Fed may have given a sign that they're preparing for negative interest rates Thomson Reuters I think it’s possible that the Fed will push rates below zero when the next recession arrives.I explained why a few months ago in my free weekly column, Thoughts from the Frontline, at Mauldin Economics...
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