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☆ The best time to sell your home — in 2023, listings in this period sold for $7,700 more, research finds
▼ + stars: | 2024-03-18 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Spring, the season when home buying and selling activity kicks off, is around the corner. Available housing supply is already rebounding: The number of new listings jumped 14.8% from a year ago, the largest annual gain since May 2021, according to new data from Redfin, a real estate site. Buyers are typically looking to land a new home before their children's new school year while a seller's house benefits from the fresh flowers and renewed greenery post-winter. In 2023, homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home, according to a new Zillow analysis. "We've learned that real estate cycles don't always happen [at this] time of year," said Melissa Cohn, regional vice president at William Raveis Mortgage.

Persons: Amanda Pendleton, We've, Melissa Cohn Organizations: Zillow, Finance, William, Mortgage Locations: Redfin, U.S

☆ Gold prices near record highs
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold prices near record highsWheaton Precious Metals CEO Randy Smallwood joins 'Money Movers' to discuss what's driving the price of Gold, if it's sustainable, and if the move is higher from adjacent commodities.

Persons: Randy Smallwood Organizations: Wheaton Precious

☆ 4,000-year-old tube of ancient red lipstick discovered in Iran, scientists say
▼ + stars: | 2024-03-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —A small stone vial discovered in southeastern Iran contained a red cosmetic that was likely used as a lip coloring nearly 4,000 years ago, according to archaeologists. More than 80% of the analyzed sample was made up of minerals that produce a deep red color — primarily hematite. The substance found in the stone vial was made from different minerals — including hematite, shown in red. Whether the vial from Iran was the earliest lipstick, “all comes down to what this new discovery was actually used for,” she said. The rest is slowly emerging from new excavations.”It’s not clear who would have worn the lipstick — or in what context.

Persons: It’s, Massimo Vidale, ”, —, Joann Fletcher, Fletcher, Laurence Totelin, Totelin, ” Totelin, kohl, ” Vidale, Vidale, “ Organizations: CNN, University of Padua’s Department of Cultural Heritage, University of York’s, Cardiff University, Archaeological Museum, Jiroft Locations: Iran, Italy, Egypt, Jiroft

☆ Here's what bitcoin experts see ahead for the world's biggest cryptocurrency
▼ + stars: | 2024-03-17 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +5 min

The narrative on bitcoin is still bullish, though commentators see more volatility ahead. Bernstein analysts wrote this week that the rally firms up their view that bitcoin is on track to hit $150,000 by mid-2025. Here's what some of the market's top commentators have said about the outlook for the world's most popular cryptocurrency. Related stories"We built bitcoin institutional flows in our estimates to arrive at bitcoin price. Saylor said that following the bitcoin halving in April, dwindling supplies would continue to fuel demand, propelling the price momentum even higher, saying "the natural sellers are the miners."

Persons: Bitcoin, Bernstein, —, Kris Marszalek, Gautam Chhugani, Mahika Sapra, Michael Novogratz, Jamie Dimon, He's, Michael Saylor, Saylor Organizations: Service, CNBC, Galaxy, Galaxy Digital, Wednesday, JPMorgan JPMorgan, Australian Financial

☆ Swarms of drones are a rising threat to the US homeland, and law enforcement isn't ready
▼ + stars: | 2024-03-17 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

RAND focused on various ways that terrorists inside the US could wreak havoc with drone swarms. Current technology allows unmanned aircraft to be employed in what RAND terms "surrogate swarm technology," in which formations are only loosely coordinated. James Newsome/US ArmyNations such as America and China are busy developing military drone swarms. Such technology is becoming available to the public: the FAA has already allowed limited use of drone swarms to spray crops. Thus the question isn't if intelligent drone swarms become a domestic security threat, but when.

Persons: —, What's, Alfred Hitchcock's, James Newsome, Daniel Gerstein, Gerstein, isn't, Michael Peck Organizations: Service, RAND Corp, Business, RAND's Homeland, Analysis, Department of Homeland Security, RAND, Kremlin, 11th Armored Cavalry Regiment, Threat Systems Management Office, US Army Nations, FAA, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Afghanistan, Ukraine, Russia, America, China, North Carolina, Forbes

☆ Gold's three-week winning streak under pressure amid U.S. inflation heat
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: +2 min

Gold prices were on track on Friday to snap a three-week winning streak as surprisingly hot U.S. inflation readings prompted traders to re-think on how swiftly and deeply the Federal Reserve could cut interest rates this year. A reading on consumer inflation earlier this week also showed some stickiness in inflation. Higher inflation adds pressure on the U.S. Fed to keep interest rates elevated, weighing on non-yielding assets such as gold, and increasing appeal for bonds, raising the dollar. Other data showed U.S. retail sales rebounded last month, but were below analyst estimates, while fewer people sought unemployment claims. Spot platinum fell 0.4% to $927.35 per ounce, palladium dropped 0.2% to $1,066.86, while silver was up 0.6% at $24.97.

Persons: Hugo Pascal Organizations: U.S, Fed, Traders Locations: Singapore, InProved .

☆ How doomsday preppers made gold and silver precious end-of-the-world assets
▼ + stars: | 2024-03-14 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

Gold tends to gain value when people lose faith in banks and money, as it did in the Great Recession. Earlier this month, the gold contract for April settled at $2,126.30 per ounce, the highest level since the contract's creation in 1974. Gold, nostalgia and the end of the world...At the heart of people's apocalyptic fantasies is nostalgia, Berger said. When everything else is going down the tubes, gold is the one thing that's likely going to do well. Trump has called for returning to the gold standard and, at least at one point, owned up to $200,000 of the metal, reports found.

Persons: James Berger, William Bernstein ,, Bernstein, Berger, Hay, William Bernstein, Donald Trump's, Trump, Vladimir Putin, Ethan Swope Organizations: Yale University, CNBC, NBC, NATO Locations: United States, Russian, Ukraine, Gaza, Aguanga , California

☆ My grandma used to babysit me. Then I babysat her.
▼ + stars: | 2024-03-14 | by ( Tommie Brown | ) www.businessinsider.com time to read: +4 min

I never expected my later 20s would be spent babysitting my grandma. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaking care of my grandma during the last years of her life was not a part of the plan when I envisioned my 20s. My grandma babysat me when I was a kidI grew up extremely close to my grandma. As the duties to her care grew more intimate and demanding, the resentment of having to be within this familial hierarchy of care grew as well.

Persons: — Organizations: Service

☆ A lower-risk way to play the gold breakout from here
▼ + stars: | 2024-03-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

We'll break down the rally in gold, why gold miners have been trailing it and the options trades I'm putting on from here accordingly. Investing in gold and silver mining companies, rather than purchasing the precious metals has frequently been promoted as a way to get "leverage" to the price of gold or silver. Notice that the share price of the VanEck Gold Miners ETF (GDX ) tracking the companies, has declined more than 15.5% since the highs in April of 2023. GDX GLD mountain 2023-04-13 VanEck Gold Miners ETF (companies) vs. SPDR Gold shares ETF (commodity) It should be said that GDX and Newmont Corporation pay dividends, whereas gold itself does not. Additionally gold miners are sometimes located in suboptimal geographic locations/jurisdictions where they may be subject to geopolitical factors beyond the price volatility of the commodities they produce.

Persons: Warren Buffett Organizations: Gold Miners, Newmont Corp, Gold Miners ETF, SPDR, Newmont Corporation, Mining, Consumers Locations: Washington

☆ YouTube's mass exodus of stars show the uncertainty of the creator economy
▼ + stars: | 2024-03-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at a potential exodus of stars from YouTube and what it means for the creator economy. What's on deck:This story is available exclusively to Business Insider subscribers. AdvertisementBut some people who helped fuel YouTube's rise are walking away from the platform that gave them their big break. TikTok's challenges represent the ongoing uncertainty content creators face trying to make a living in such an unpredictable and shrinking world.

Persons: —, we've, Rebecca Zisser, It's, Insider's Lindsay Dodgson, MatPat, Lindsay, Andy Kiersz, Critics, it's, Alistair Barr, Dan, Jamie Dimon doesn't, Dimon, Karim Qubadi, Abanti Chowdhury, OpenAI, Musk's, Christopher Nolan's, Tyler Le, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, YouTube, Business, Nielsen, Gaming, ISI, SensorTower, BI, CPI, JPMorgan, Elon, University of Chicago, Quest, realtors, Meta, Google, Companies, Adidas Locations: United States, New York, London

☆ Gold and sacrificial victims found in tomb of ancient leader, archaeologists say
▼ + stars: | 2024-03-13 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

Researchers found the ancient tomb in El Caño Archaeological Park, a site in Coclé province known as a hotbed for pre-Columbian discoveries, particularly lavish burial chambers. The civilization of the region surrounding El Caño at the time treated the site as sacred and worshipped their “ancestors,” referring to those remembered for having done important things. The grave is the ninth tomb excavated by researchers at the El Caño Archaeological Park, which is known for its richness in archaeological discoveries and lavish burial chambers. Ancient burial practicesThe archaeologists found the body of the supposed religious leader buried face down and on top of the body of a woman, the release stated. There have been two attempts — the most recent in 2021 — to figure out whom the various tombs found at the El Caño site once belonged to, Mayo said.

Persons: Julia Mayo, ” Mayo, Fundación El, Mayo, El Caño, ”, Nicole Smith, Smith, Guzmán, Ana María Navas Méndez, Caño, Gúzman, —, ” Navas Méndez Organizations: CNN, Panama’s Ministry of Culture, El Caño Foundation, El, Smithsonian Tropical Research, Sierra, Illinois State University Locations: Panama, El, Coclé, Panama City, America, Quimbaya, Colombia, South America, ” City

☆ Mars could be creating 'giant whirlpools' deep within our planet's oceans
▼ + stars: | 2024-03-13 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Mars may be 140 million miles away, but its gravitational pull could be impacting Earth's oceans. Scientists at the University of Sydney in Australia believe the red planet's tug is creating "giant whirlpools" in the oceans called eddies, which can shift the deep-sea floor. This, they claim, is part of a 2.4-million-year climate "grand cycle" on Earth that has been ongoing for at least 40 million years. The red planet's orbit and ours are locked in an intricate dance, and every so often, these line up so that Mars' gravitational pull on Earth is just a little more intense — this is called resonance. This information is crucial when refining models helping us see how our planet's intricate climate will progress over time.

Persons: Adriana Dutkiewicz, NASA's, Dietmar Müller, Malin, Matthew England, Benjamin Mills, wasn't, Mills Organizations: Service, University of Sydney, Business, NASA's Goddard Space, geosciences, Nature Communications, Mars NASA, JPL, Systems, University of New, New, University of Leeds Locations: Australia, Japan, New, University of New South Wales, Sydney

☆ I went car-free in the suburbs when my vehicle needed repairs. I'm happier and healthier, and wish I did it sooner.
▼ + stars: | 2024-03-12 | by ( Michael Kavate | ) www.businessinsider.com time to read: +6 min

The 10-minute walk took me past a row of colorful houses and apartments, red-and-yellow nasturtiums poking from their yards. The train ride, too, gave me precious time to read. It turned out swapping the train for two wheels took a bit more sweat, but no more time at all. My route took me under freeways, but most of the streets I took were so quiet that I could hear birds singing. AdvertisementGiving up my car has made me healthier, happier, and more connected to my neighbors than before.

Persons: I'd, California's, I've Organizations: Service, Oakland Locations: Los Angeles, America, South Berkeley, Oakland, Berkeley, Chance

☆ Gold's recent run is one for the history books and has gotten out of hand, Barclays says
▼ + stars: | 2024-03-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Gold prices are anticipating the Federal Reserve's first interest rate cut this year but the historic move has gotten out of hand, according to Barclays. The precious metal has rallied about 7% over the past month, a move that has been surpassed only 6% of the time over the past decade, analysts led by Stefano Pascale told clients in a note released Tuesday. Gold rose for nine consecutive trading sessions — a near record run — according to the analysts. Large funds that had bet against gold started short covering in the wake of the Fed pivot, while demand for gold from central banks remained high, providing tailwinds for the precious metal. With gold getting ahead of itself, in Barclays' view, the British bank recommends that investors replace long delta positions with options to gain upside exposure, lock-in gains and limit downside risk.

Persons: Stefano Pascale, Pascale Organizations: Federal, Barclays

☆ Opinion: Precious samples from Mars have been collected. Now it’s up to Congress to get them back
▼ + stars: | 2024-03-12 | by ( Opinion Jonathan I. Lunine | ) edition.cnn.com time to read: +5 min

He served on the NASA Mars Sample Return Independent Review Board in 2023. Within these tubes are priceless samples of Mars that hold the clues to when and how Mars went from Earth-like habitability to uninhabitable desolation. Mars Sample Return is among the most challenging and complex robotic missions ever attempted, requiring the largest lander ever put on Mars, which would carry a rocket to launch the samples off the surface into Martian orbit. Mars holds secrets about what makes it possible for a planet to support life, locked in the samples that await return to Earth. NASA must provide that plan to Congress as soon as possible so that Congress can move forward with adequate funding.

Persons: Jonathan Lunine, David C, Duncan, Jonathan I, Mars Organizations: Cornell University, NASA, CNN, Jet Propulsion Laboratory, JPL, Apollo, European Space Agency, US National Academy of Sciences, MSR, Planetary Science Locations: Washington, DC, China

☆ When the Pandemic Hit Home
▼ + stars: | 2024-03-12 | by ( Catherine Pearson | ) www.nytimes.com time to read: +11 min

The World Health Organization declared Covid-19 a pandemic on March 11, 2020 — but we all have our own memories of when normal life stopped. ASIA EDWARDS, 39, BLOOMFIELD, N.J.Johnna Wallace While driving to work at the beginning of the pandemic, I couldn’t help but wonder: Was this how I was going to die? I am an emergency room nurse. Scott McGlasson My 55-year-old wife was dying from metastatic breast cancer when the pandemic hit. WENDY LAMPARELLI, 57, RIDGEFIELD PARK, N.J.Ellen Blossom Our home was hit by a tornado on March 3.

Persons: Sheehan Fisher, Katie MacGregor, KATIE MacGREGOR, WHITING , MAINE Asia Edwards Covid, ASIA EDWARDS, Johnna Wallace, JOHNNA WALLACE, Julie DeJager, Tom Hanks, JULIE DeJAGER, CLEVELAND , OHIO Katherine Schwartz, Covid, it’ll, ”, Wanda, KATHERINE SCHWARTZ, Jean Martirez Barton, —, “, JEAN MARTIREZ BARTON, Lauren Alzos, I’d, LAUREN ALZOS, BROOKLYN Farah Alvin My, Chuck E, cupcakes, ” FARAH ALVIN, Vicky Fleming I’m, VICKY FLEMING, Scott McGlasson, SCOTT McGLASSON, MINNEAPOLIS Aisha McMillan, AISHA McMILLAN, BALTIMORE Melissa Manning, MELISSA MANNING, CITY Sarah Cornwell, SARAH CORNWELL, Christie Poulton, CHRISTIE POULTON, Wendy Lamparelli, WENDY LAMPARELLI, Ellen Blossom, ELLEN BLOSSOM, NASHVILLE Maryann Briggs, Jasmine, MARYANN BRIGGS, Matt Dominianni, MATT DOMINIANNI, Carrie Shanafelt, CARRIE SHANAFELT, BRONX Ali Jordahl, Terri Tilford, I’m immunocompromised, TERRI TILFORD, Tim Prendergast, TIM PRENDERGAST Organizations: World Health Organization, Northwestern University Feinberg School of Medicine, The Times, Costco, GREAT, BJ’s Wholesale, Broadway, CITY, NASHVILLE, Bronx ., BRONX, ALI, ATLANTA, TIM Locations: Mason City , Iowa, WHITING , MAINE Asia, BLOOMFIELD, N.J, DURHAM, CONN, CLEVELAND , OHIO, New Mexico, Chicago, Albuquerque, EVANSTON, Manhattan, BROOKLYN, P.P.E, GREAT BARRINGTON, MINNEAPOLIS, BALTIMORE, HILLSBORO, RIDGEFIELD PARK, Covid, BOULDER, COLO, Bronx, Atlanta, PALM SPRINGS, CALIF

☆ TEDx Talk host who spent 10 years interviewing experts on love: 5 ways to get unstuck from an intense crush and save your relationships
▼ + stars: | 2024-03-11 | by ( Amanda Mccracken | ) www.cnbc.com time to read: +4 min

I would waste time and energy fantasizing about relationships with men who I inexplicably found flawless, but in reality were emotionally or physically unavailable. I've spent 10 years interviewing experts on longing, as well as people who've experienced limerence, for my podcast The Longing Lab, TEDx talk, and forthcoming book, "When Longing Becomes Your Lover." The emotional reward was the happy hormone dopamine I'd feel from imagining a relationship together or anticipating a response. Writing it down helped me believe it — and recognize my limerent feelings toward unavailable men as a dead end. I found his love and availability very attractive — something I never would have seen in my 20s and 30s.

Persons: —, I've, Lisa Wade's, haven't, Jennifer Douglas, Douglas, I'd Locations: perfectionism

☆ Gold prices could keep climbing — but analysts expect silver to steal the show before long
▼ + stars: | 2024-03-11 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A record-breaking rally for gold may yet continue, particularly as investors position for interest rate cuts — but analysts say silver appears well placed to outshine the yellow metal in the second half of the year. Spot gold prices on Monday edged higher to $2,178 per ounce, after settling at their highest since 1979 on Thursday last week. Spot silver prices, meanwhile, were last seen up 0.2% at $24.36 per ounce at 6:24 a.m. London time (1:24 a.m. Precious metal prices have pushed higher in recent weeks amid growing expectations of U.S. interest rate cuts. Gold, which is typically considered a "safe haven" asset at times of financial uncertainty, has rallied despite high interest rates and a relatively strong U.S. dollar.

Persons: Jerome Powell, Marcus Garvey, CNBC's Organizations: Macquarie Locations: London

LOS ANGELES (AP) — There is a whole other show that happens offscreen at the Oscars that the home audience doesn't see on television. “It’s not OK, it’s bad, I’m going home.”GRETA GERWIG AND THE COSTUME DESIGNERSOut in the lobby Gerwig had a fan who wanted to talk to her about something very specific: Ann Roth’s ‘Barbie’ cameo. During the performance, the Dolby Theatre took on the feel of a Taylor Swift concert, with everyone in the room standing and breaking into spontaneous, joyous dance. And the biggest fan in the room was Gerwig, who was given her own personal Ken right up in her face. During the commercial break Mark Ronson found his way to Gerwig, Robbie and a crowd of admirers.

Persons: Martin Scorsese, Margot Robbie, Ryan Gosling, Carey Mulligan, Jimmy Kimmel’s, Marcus Mumford, Emma Stone, Jennifer Lawrence, Greta Gerwig beelined, Robbie, Joy Randolph, Mulligan, Mumford, EMMA, ”, attentively, Florence Pugh, Pugh, John Cena, “, Stone, GRETA GERWIG, Gerwig, Ann Roth’s ‘ Barbie, Eduardo Castro, who’s, Roth, “ Barbie, Kimmel, She’s, Ma, ” Castro, Betty ”, ” Gerwig, Greta, Noah Baumbach, Gosling, Taylor, Ken, Mark Ronson, Ronson, Downey, Emily Blunt, chatted, Ball, Cord Jefferson, Kate McKinnon, Marlee Matlin, Steven Spielberg, Barbie ”, I’m Organizations: ANGELES, Associated Press, America, Dolby Theatre Locations: Gerwig

☆ Dartmouth basketball’s union vote is just a small part of the campus organizing wave
▼ + stars: | 2024-03-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

The Dartmouth College men’s basketball team achieved a significant milestone last week when they became the first college athletes to vote to join a union. And similar to the 13-2 margin vote in favor of the union at the Dartmouth basketball team last week, the unions are winning these votes overwhelmingly. Organizing athletes still uphill battleThe vote last week by the Dartmouth basketball team rightly got a lot of attention as the first group of college athletes to vote to join a union. Dartmouth basketball players don’t get a scholarship, and the college has announced it will seek to overturn the union vote, arguing that they are not employees. Haskins and Myrthil said they hope the victory of the union vote at Dartmouth will spark union votes on many other teams, including the big dollar programs.

Persons: don’t, Christian Sweeney, “, ”, we’ve, Romeo Myrthil, Cade Haskins, Laura Oliverio, Nadine Formiga, Sian Beilock, CNN’s Poppy Harlow, Dartmouth “, ” Romeo Myrthil, CNN Haskins, Myrthil, they’re, ” Haskins, Haskins, who’s, ‘, ’ ”, Douglas Murphy, CNN “, Murphy, Ed Burns, Dartmouth, he’s, “ You’re, “ Will, ‘ We’ll, ” Burns, “ They’re, Jim Harbaugh, Harbaugh, you’ve, It’s, Robert F, Logan Mann, Mann Organizations: New, New York CNN, Dartmouth College men’s, AFL, Dartmouth men's, Dartmouth, Columbia University, CNN, National Labor Relations Board, California State University, CSU Employees Union, Student Workers, “, NLRB, Dartmouth men’s, Ivy League, Michigan, Alabama, NCAA, University of Michigan, Department, NFL, United Electrical, Machine Workers of America, Dartmouth College Locations: New York, New York City, Dartmouth, Sweden, America, Minneapolis, Columbia, . Michigan, Hanover, N.H

Mr. Trump met with Ms. Riley’s parents before taking the stage, and the Trump campaign distributed signs at the rally with Ms. Riley’s photograph. At one point, Mr. Trump slurred his words and pretended to stutter in a mocking imitation of the president, who has dealt with a stutter since childhood. It was one of several such attacks Mr. Trump lobbed during the event. Mr. Trump called Ms. Willis “corrupt,” referring to allegations that she benefited financially after becoming romantically involved with a lawyer whom she hired on the case. “Perfect phone call,” Mr. Trump said, “other than we challenged the honesty of this election.

Persons: Donald J, Trump, Biden’s, Joe Biden, ”, Mr, Biden, Laken Riley, ” Mr, Riley’s, Trump’s, Riley, “ Joe Biden, Megyn Kelly, Jeff Zucker, Fani, Willis, Willis “, “, Maggie Haberman Organizations: Saturday, stoke, Republican, Trump, Mr, State, NBC Locations: Biden’s, Rome, Georgia, United States, Venezuelan, South America, America, New York

☆ ‘Decolonizing’ Ukrainian Art, One Name-and-Shame Post at a Time
▼ + stars: | 2024-03-08 | by ( Constant Méheut | ) www.nytimes.com time to read: +1 min

Knowing she might not make it out, Ms. Semenik, an art historian, mulled over the Ukrainian artworks she had long wanted to write about — and which were now in danger of disappearing. “They’re destroying artworks. They’re destroying museums. They’re destroying architecture,” Ms. Semenik recalled thinking in the basement. She vowed that if she escaped from Bucha, she would not allow Ukrainian art to fall into oblivion.

Persons: Oksana Semenik, Semenik, mulled, Maria Primachenko, Ms Locations: Bucha, Kyiv, Moscow

☆ Markets are hitting record highs. And economists like El-Erian and Krugman can't shake off their fears
▼ + stars: | 2024-03-08 | by ( Zahra Tayeb | ) www.cnbc.com time to read: +4 min

Stellar prices for gold have also stolen investor attention, with the precious metal scaling a new record of over $2,100. The record-breaking numbers for markets, however, haven't stopped some investors from worrying about three key issues. Inflation resurgenceAfter months of cooling, U.S inflation is proving itself to be more stubborn than experts had predicted. That's despite the Federal Reserve embarking on an aggressive monetary policy campaign over the past year, in a bid to tame consumer price pressures from their 40-year highs. Ariel Investments' Vice Chair Charlie Bobrinskoy told CNBC markets are not focused on China's residential real estate problems.

Persons: Michael M, haven't, Nobel, Paul Krugman, Mark Zandi's, Mark Zandi, Krugman, Nouriel Roubini, Doom, Trump, Marko Kolanovic, Mohamed El, Erian, Ariel, Charlie Bobrinskoy Organizations: New York Stock Exchange, Santiago, Federal, stoke, Allianz, Bloomberg, CNBC, El, Ariel Investments Locations: New York City, U.S, China

☆ Costco is now selling $625 packs of silver coins as well as $2,000 gold bars — and shoppers are snapping them up
▼ + stars: | 2024-03-08 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Costco is now selling packs of one-ounce silver coins, priced at $625 for 25 coins. Its CFO said that sales of the coins and Costco's 24-karat gold bars had led its e-commerce growth. AdvertisementIt's not just $2,000 gold bars you can buy from Costco — customers can now snap up $625 packs of silver coins, too, as the retailer expands its precious metals business. On Costco's website, you can snap up a 25-count pack of 2024 Canada Maple Leaf silver coins. Each coin weighs one troy ounce and is made of 99.99% pure silver, Costco says.

Persons: —, It's, Richard Galanti Organizations: Costco, Service, CNN, Business

☆ How a brief exchange in a call explains the strained Biden-Netanyahu relationship
▼ + stars: | 2024-03-08 | by ( Mj Lee | Kevin Liptak | ) edition.cnn.com time to read: +9 min

Netanyahu bristled at recent media coverage citing anonymous Biden administration officials who said that the US was actively making plans for a post-Netanyahu government. When asked for comment on the exchange, an official in the prime minister’s office rejected the characterization of the call. Still, they insisted, the Biden-Netanyahu relationship remains more or less the same – precisely because their divergent worldviews were never a secret. That will continue.”Even if their relationship remains in many ways consistent, the backdrop is drastically changed and the stakes dramatically higher. Still, Netanyahu’s political standing was a subtext to the visit to Washington this week of Benny Gantz, a member of the Israeli war cabinet and Netanyahu’s chief political rival.

Persons: Joe Biden, Benjamin Netanyahu, Netanyahu bristled, Netanyahu, Biden swatted, Israel, Biden, ” Biden, ”, “, Bibi, it’s, Benny Gantz, Gantz, Kamala Harris, Jake Sullivan, Netanyahu’s, Harris, John Kirby, Privately, Ramadan, isn’t Organizations: Washington CNN, CNN, Democratic, Netanyahu, Biden, Air Force One, National Security, White House, State Department, Pentagon, Netanyahu’s, White, Camp David Locations: Gaza, Israel, Netanyahu Israeli, United States, Washington, Pennsylvania, East Jerusalem

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