Paul Schrader, at the age of 78, is getting a bit philosophical, a trifle introspective and if the truth be told, he is extremely pessimistic about the future.The legendary former film critic turned screenwriter-director — his long list of credits include, as screenwriter, Martin Scorsese’s Taxi Driver (1976) and Raging Bull (1980) and, as writer-director, American Gigolo (1980), First Reformed (2017) and this year’s Oh Canada — will arrive in Tuscany this week, as a special guest of the Lucca Film Festival. On Sept. 25 he will teach a Masterclass to university students, and the day after, on Sept. 26, he…
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NEW YORK (AP) — The rush for gold just keeps coming.Gold hit another all-time high this week. Recent gains for the precious metal are largely credited to ongoing economic uncertainty, geopolitical tensions and strong demand from central banks around the world.If trends continue, analysts have bullish outlooks on the price of gold for the months ahead. But the future is never promised. Here’s what you need to know.Where does the price of gold stand today?The New York spot price of gold closed Tuesday at just over $2,657 per Troy ounce — the standard for measuring precious metals, which is equivalent…
Incidental income from normal stock portfolio management can provide sufficient cash flow. Find out why there is no need to look at dividend yield in retirement. Source link
(Reuters) – U.S. Steel said on Wednesday the board of arbitration, jointly selected by the steelmaker and the United Steelworkers union, has ruled in favor of Nippon Steel’s $14.9 billion buyout deal. (Reporting by Utkarsh Shetti in Bengaluru; Editing by Shilpi Majumdar) Copyright 2024 Thomson … Source link
Intel (INTC) is in the midst of one of the most tumultuous periods in its 56-year history. Declining sales, missed opportunities to compete in the AI space, and a massive turnaround effort by CEO Pat Gelsinger looking to return the company to its former glory are putting significant pressure on the chip giant’s bottom line and share price.And things for the company are only getting more interesting.Last Monday, Intel announced that it signed a deal with Amazon (AMZN) to build custom chips for Amazon Web Services, a positive sign for the company’s nascent third-party foundry business.Then, on Friday, the Wall…
Despite a significant drop in European EV sales this year, automakers are pressing forward with their electrification plans. Peugeot, for example, is set to reveal its new e-3008 and e-5008 crossover SUVs at the upcoming Paris Motor Show. These electric vehicles boast impressive range capabilities, surpassing even the Tesla Model Y. With certifications for their efficiency, Peugeot aims to position these models as competitive options in the European market. The e-3008 and e-5008 are expected to offer a range of up to 700 km and 668 km, respectively, on a single charge. These figures significantly exceed the range of the…
The Ghia L6.4, a rare and luxurious coupe built in limited numbers during the early 1960s, remains a fascinating example of automotive artistry. Despite its high price tag, the L6.4 offered exceptional performance thanks to its powerful Mopar internals. The car’s origins can be traced back to the Dodge Fire Arrow IV concept, which was designed by Virgil Exner in 1954. Impressed by the concept’s elegance, businessman Eugene Casaroll acquired the rights to produce it and, with the help of Exner and Ghia, transformed it into the Dual-Ghia. However, financial difficulties forced Dual Motors to cease operations, leaving the L6.4…
Image source: Getty Images Mining is back! Or is it? After boom years, miners like Glencore (LSE: GLEN) have found the going tough lately. Last year, post-tax profits at Glencore fell over 80% and the dividend was cut by three-quarters. But with signs that demand for raw materials could be set to rebound even amid a fairly weak economy, might the Glencore share price rise from here? Uncertain demand picture On one hand, the outlook for mining continues to be plagued both by uncertainty and a generally weak economic backdrop. More positively, though, governments including China have lately been laying…
Despite its success in the US automotive market, Toyota faces a disappointing sales performance for one of its most anticipated models. While the Ford Mustang has seen a surge in sales, Toyota’s GR86 and GR Supra have struggled to compete. The GR86, produced jointly with Subaru, has sold reasonably well, but the GR Supra, a flagship sports car, has underperformed significantly. To address this, some digital designers have proposed a TRD tuned version, offering enhanced performance and off road capabilities. This move could potentially revitalize the model’s popularity and align it better with Toyota’s racing heritage. By leveraging TRD’s expertise…
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly eased on Wednesday with energy shares, while U.S. Treasury yields rose as investors stuck to the view that the Federal Reserve will be able to create a soft landing for the U.S. economy. gave back earlier gains a day after China’s central bank unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government’s growth target. In the U.S., Wednesday’s data that showed new home sales falling in August had little impact on markets. Data on Tuesday showing U.S. consumer…