What The Rising Gold Price Signals (Spoiler Alert: Nothing Good) Authored by Antonius Aquinas, The recent run-up in the gold price has not garnered the attention among the mainstream financial media outlets as it should. Gold has, in part, been overshadowed by the rise in the price of bitcoin and other cryptocurrencies. Naturally, the financial press, which is really an arm of the government and its central bank, wants to ignore, as much as possible, references to gold as...
Both Coca-Cola and PepsiCo are also enjoying buoyant demand for their products in international markets such as Europe and Asia where relaunches of Georgia Coffee, Sprite reformulations and a foray into newer markets have helped bump up sales. Coca-Cola's organic revenue in Europe, Middle East and Africa rose 15% in the first quarter, while in North America it increased 7%. Coca-Cola has also increased the number of weeks that retailers promote its 1.25-liter sodas as part of a value bundle...
(Reuters) -Procter & Gamble raised its annual core profit forecast on Friday, as it benefits from easing commodity costs and higher product prices of its cleaning and household items.
Several countries have been beefing up their defense budgets in light of mounting geopolitical tensions. Goldman names European stocks to play the theme.
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by the supply-demand dynamic and continued demand for spot bitcoin exchange-traded […]
NBC will once again hike prices on its Peacock streaming service, the second such jump for the subscription platform in two years. Peacock Premium and the ad-free Peacock Premium Plus will see a price increase in mid-July. Both will increase $2 in price to $7.99 and $13.99 a month respectively. Annual subscriptions will go up […]
Record gold prices have sent recycling of the precious metal to the highest level in more than three years, as consumers cash in on jewelry, an industry body revealed Tuesday. The World Gold Council (WGC) added, however, that total demand for gold dropped five percent in the first quarter year-on-year
McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also continues to see consumers worldwide pull back on their restaurant spending. “Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending, which is putting pressure on the [quick-service restaurant] industry,” CEO Chris Kempczinski said on the company’s...
Streamflation is real y'all. Peacock just announced its raising prices again, less than a year after it last upped subscription costs. The new price will be $8 per month for Peacock with ads and $14 per month for an ad-free experience, starting on July 18 for new subscribers and August 17 for pre-existing users. An ad-free subscription will be the same price as Disney+ and nearly as much as Netflix. Mrs. Davis was good, but was it that good? To put this into perspective, just one year ago a...
Peacock may not be taking part in the 2024 NewFronts, but the NBCUniversal streamer is making its presence felt—with a price increase. Top line Beginning in July, the price of Peacock Premium, its ad-supported tier, will go up by $2 to $7.99/mo. The ad-free version, Premium Plus, will also see a $2 bump to $13.99/mo. With the news, Peacock's annual plans come in at $79.99 for Premium and $139.99 for Premium Plus. Between the lines According to Peacock, the change will be effective...
00:00Let's start with McDonald's. An interesting reaction there when it
Independent digital investment advisor Betterment has reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. Subject to customary closing conditions, those accounts will be transferred to Betterment around June 29, the companies said in a Monday (April 22) press release. Customers will have the option to opt out of this transfer. Those who are transferred […]