With the price of gold poised to break yet another record, prospective investors may want to act quickly. Getty Images/iStockphoto The price of gold has surpassed numerous price records this year and is up by close to 30% from where it started on January 1. Gold began the year priced at $2,063.73 per ounce but has since surged past the $2,600 mark with many investors expecting it to hit $3,000 soon. This is due, in part, to gold’s traditional benefits of hedging against inflation (by maintaining its value during such periods) and diversifying portfolios (when other asset classes underperform). But gold,…
Author: user
Traffic projections decades into the future are exaggerated at best and falsified at worst, resulting in bridges and highways that are built wider than they need to be. (Dissent) People who value transit should use it regularly, even if it’s a less convenient than driving, because of all the benefits and the importance of voting with your feet, writes Reece Martin. WPLN has a guide to the Nashville transit referendum, and Atlanta Civic Circle explains a similar November in Cobb County that would fund 108 miles of bus rapid transit. And a Colorado ballot measure would allow the Regional Transportation…
We’re rolling into what is expected to be another wild tech earnings season, and you can bet AI is going to be front and center. And if there’s one company that everyone is watching, it’s Nvidia (NVDA).Shares of the chip giant are up more than 16% in the last month, and the stock is currently on pace to unseat Apple as the largest publicly traded company by market capitalization.The jump comes after Nvidia CEO Jensen Huang said demand for the company’s upcoming Blackwell chip is “insane” during an interview with CNBC on Oct. 3. Since then, shares of Nvidia have…
By Andy Sullivan WASHINGTON (Reuters) -Voters in Georgia turned out in record numbers as the battleground state opened early voting for the Nov. 5 presidential election between Democrat Kamala Harris and Republican Donald Trump, state officials said on Tuesday. At least 252,000 voters had cast ballots at early-voting sites as of 4 p.m. EDT (2000 GMT), nearly double the 136,000 who participated in the first day of early voting in the 2020 election, said Gabriel Sterling, Georgia’s No. 2 election official. “Spectacular turnout,” he wrote on social media. Trump, at a campaign event in Atlanta, expressed enthusiasm for the early…
In This StoryGeneral Motors (GM) is increasing its investment in a Nevada lithium mine and its operator to almost $1 billion as it looks to secure a long-term supply of a critical mineral for electric vehicle batteries.The next president will face a debt problem that could lead to a crisis, strategist saysThe Detroit automaker said it would contribute $625 million to a new joint venture with Canadian firm Lithium Americas (LAC). This deal, which follows a $320 million investment in February 2023, consists of $430 million in cash and $195 million letter of credit facility. In total, GM has invested…
The AMC Rebel Machine, a forgotten gem in the annals of American muscle cars, offers a unique blend of performance and style that sets it apart from its more famous contemporaries. While the Big Three dominated the muscle car scene in the late 1960s, AMC managed to carve out a niche with its own line of powerful and distinctive vehicles. The Rebel Machine, in particular, stands out as a testament to AMC’s ingenuity and commitment to performance. Unlike many of its competitors, the Rebel Machine was not solely focused on drag racing. Instead, it was designed to be a well…
Biofuel trade groups and major U.S. airlines applauded the tax-credit rules, which allow producers to subtract from their overall emissions if they do things like use renewable electricity, deploy carbon capture and storage, and source crops from farmers who use so-called “climate-smart” agricultural practices. Gevo, the potential loan-guarantee recipient, says it’s planning to adopt all three strategies for its plant in South Dakota. But climate groups have questioned Treasury’s methodology for analyzing total CO2 emissions from crop-based fuels. They’re concerned that it risks undercounting the full life-cycle impacts of biofuels, which could result in making SAF that is just as…
Large technology companies are investing billions of dollars in nuclear energy as an emissions-free source of electricity for artificial intelligence and other businesses. Source link
Volkswagen has revealed the Tayron, a seven seat SUV that will replace the Tiguan Allspace in Europe and the US. It shares the MQB platform with the five seat Tiguan and is produced by FAW-VW in China. The Tayron will be marketed as the Tiguan in the US, where it will be produced by the Puebla assembly plant in Mexico. In China, the Tayron is available with a choice of 1.5 and 2.0 liter TSI engines. The 1.5 liter engine is made of aluminum alloy, while the 2.0 liter engine is made of cast iron. In Europe, the Tayron is…
Investing.com — U.S. stocks were mostly higher Wednesday following a rout the previous day as chip stocks steadied and Wall Street continued to roll out quarterly earnings. At 3:35 p.m. ET (19:35 GMT), the rose 337 points, or 0.8%, while added 0.5%, and gained 0.3%. Morgan Stanley continues upbeat earnings from banks Morgan Stanley (NYSE:) stock rose more than 6% after the lender’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals. This rounded off the numbers from the sector, following largely positive earnings from the likes of Goldman Sachs (NYSE:), Citigroup (NYSE:) and Bank of…