Gold weathered the Federal Reserve’s 7th rate hike of this cycle this week. Gold-futures speculators and to a lesser extent gold investors have long feared Fed rate hikes, selling ahead of them. Higher rates are viewed as the nemesis of zero-yielding gold. But contrary to this popular belief, past Fed rate hikes have proven very […]
Fed Chairman Jerome Powell alleges that rising real US interest rates are not negatively influencing the global economy. His global conviction is now being strongly tested by Mr Market. Liquidity flowing to North America runs, away from tightening global monetary conditions, towards tightening American monetary conditions. In the short term, the global liquidity injection may […]
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(Reuters) – AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest $ 21 billion to $ 22 billion in the combined company. FILE PHOTO: Chief Executive Officer of AT&T Randall Stephenson […]
Senators Jeff Flake (R-AZ) and Chris Coons (D-DE) have sent Amazon CEO Jeff Bezos a number of privacy-related questions about Amazon’s Echo voice-controlled speaker, reflecting the growing concern about how the device records and retains users’ conversations, according to Wired. The senators, who serve as chair and ranking member of the Judiciary Subcommittee on Privacy, […]
Ever the showman and pitchman, William Shatner isn’t shy when he’s passionate about something. So onlookers may have expected something more from Star Trek’s original Capt. Kirk when he announced that Solar Alliance Energy, a company for which he’s the spokesperson, had purchased a 165,000 square foot warehouse in Murphysboro, Ill. as the first of […]
A Portland woman recently told a local news outlet that her Amazon Echo device had gone rogue, sending a recording of a private conversation to a random person in her contact list. On Thursday, two senators tasked with investigating consumer privacy sent a letter to Amazon CEO Jeff Bezos demanding answers. In the letter, Republican […]
When Venture Capitalist, AR thought leader, and Executive Producer of Augmented World Expo (AWE) Ori Inbar kicked off the event on May 29th with the phrase: “Go XR or go extinct!” I knew it was over. I had officially lost the war of words. As my old boss Ted Leonsis used to say, “it is […]