It scares me to admit I’ve been investing for over 50 years. It’s been a great ride, and fortunately I’m still going strong. One of my investment mantras thru all these years has been Charlie Munger’s quintessential advice: “try to be consistently not stupid.” We all make investing mistakes, but not all of us learn the appropriate lessons from those ...
Josef Schachter of the Schachter Energy Report shares his updated outlook for oil and natural gas. He sees a buy window potentially opening for stocks in June, and also believes oil prices are due to rise. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com ...
It was a slow start to the week for gold, but it didn’t take long for the price to pick up. The yellow metal began the period at the US$3,220 per ounce level, but was gaining steam by Tuesday (May 20), briefly breaking US$3,300. Gold continued higher the next day, and after pulling back briefly on Thursday (May 22) was ...
United Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union said Friday. The deal includes “40% of total economic improvements” in the first year and retroactive pay, a signing bonus, and quality of life improvements, like better scheduling and on-call time, the Association of Flight Attendants-CWA said. The union did not provide further details about ...
President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire its U.S. rival had been blocked on national security grounds. “This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. ...
(Reuters) – The United States said on Thursday it would impose sanctions on Sudan after determining that its government used chemical weapons in 2024 during the army’s conflict with the paramilitary Rapid Support Forces, a charge the army denied. Measures against Sudan will include limits on US exports and US government lines of credit and will take effect around June ...
A Norwegian man managed to sleep through an enormous container ship running aground on his front lawn. Johan Helberg, who lives in Byneset, on the Trondheim Fjord, was woken by his neighbor on Thursday morning asking if he had noticed a boat outside, TV2 Norway reported. When he looked out his door, he saw a 135-meter-long (443-foot) container ship parked ...
A major prisoner exchange between Russia and Ukraine is now under way, according to a Ukrainian source familiar with the matter. The swap started on Friday, with Kyiv and Moscow swapping hundreds of prisoners. As with previous exchanges, Ukrainian and Russian authorities were not expected to publicly state that it was taking place until after it had been completed. However, ...
Hours after the Al Haj bakery handed out its last piece of bread on Thursday, Jihad Al Shafie was still waiting, his hope of bringing some food to his family long gone. Like many in the crowd standing outside the bakery in central Gaza, Al Shafie lined up early in the morning, anticipating freshly baked pita from the first deliveries ...
“It is with deep sorrow that we announce the passing of Sebastião Salgado, our founder, mentor, and eternal source of inspiration,” Instituto Terra said in a post on Instagram. “Sebastião was much more than one of the greatest photographers of our time,” the post continued. “Alongside his life partner, Lélia Deluiz Wanick Salgado, he sowed hope where there was devastation ...