Wall Street sees gold nearing $3,000 after soaring more than 20% this year – Fortune
Gold has outperformed the broader U.S. stock market this year, and Wall Street has become bullish on the precious metal as the Federal Reserve moves closer to cutting interest rates. Bullion is up about 21% in 2024, compared with a 16% gain for the S&P 500. Gold surged as much as 2.2% on Friday, topping […]
2023 Lahaina Wildfire Lawsuits Nearing $4 Billion Settlement
Hawaii’s Democratic governor said Wednesday that parties in a lawsuit over the 2023 wildfires are close to a settlement. The lawsuit was filed against the state, Maui County and public utilities in response to a devastating wildfire that ravaged Lahaina in August 2023 and caused devastating damage to residents, according to the Associated Press. report […]
Nets’ Jordi Fernandez has with Canada nearing Olympic knockout round
The Nets gave Jordi Fernandez his first NBA head coaching job in part because of his developmental ethos, but also because of his international background. And on the biggest international stage of all, the 2024 Paris Olympics, Fernandez’s work is drawing rave reviews. Fernandez, who was hired by Brooklyn in April, led Canada to a […]
Labor market nearing pre-pandemic conditions, Fed report says
Olu Omodunbi, chief economist at Huntington Private Bank, told Craman Countdown that the jobs report points to a slowdown in the labor market. of Federal Reserve The U.S. labor market has returned to the “tight but not overheated” conditions it was in before the coronavirus pandemic threw the economy into turmoil, the Treasury Secretary said […]
Only 1 in 5 workers nearing retirement is financially on track: "It will come down to hard choices" – CBS News
The rule of thumb for people who are 55 and have 10 more years to work before reaching traditional retirement age is that they should already have about eight times their salary saved in their retirement accounts. But a new study finds that today’s median 55-year-olds have just $50,000 saved, hardly enough to retire comfortably. […]
This Is So 2024: FanDuel Reportedly Nearing Naming Rights-Deal For Diamond Sports Channels
We could soon see major sports leagues being broadcasted by a major sports betting company … no, I’m not kidding. In what’s truly a “this is so 2024” moment, Diamond Sports Group confirmed Tuesday they are nearing a deal on a naming-rights sponsorship agreement for their 18 regional sports networks, according to Sportico. The move […]
Lakers, JJ Redick nearing head coaching hiring, per report
The Los Angeles Lakers are on the brink of filling their head coaching vacancy, and a top candidate for the job has emerged. Lakers ‘focused’ on JJ Redick as next head coachAccording to NBA insider Shams Charania, Redick has no coaching experience. As well as leading his 9-year-old son’s road team,. The Lakers fired head […]
REBNY data shows healthy office occupancy, nearing pre-pandemic levels
Never mind the predictions of foreclosures and ruin: The New York Association of Realtors’ latest office building “visit” analysis paints a less bleak picture of the endlessly discussed and debated commercial real estate market. Attendance at Manhattan offices continues to recover slowly as more companies have encouraged employees to return to their desks over the […]
High school senior nearing graduation killed in crash after college student allegedly drove drunk at 131 mph
The lives of two young Illinois men were forever changed after a fatal Mother’s Day crash that left one dead and the other facing criminal charges. Glenview police say 21-year-old Taeyeon Kim was responsible for the crash that claimed the life of 17-year-old Marko Niketic. Kim appeared in court for the first time on Saturday, […]
Francis Ford Coppola Warns American Politics Nearing Point ‘Where We Might Lose Our Republic’
Legendary film director Francis Ford Coppola is not optimistic about the political situation in the United States. godfather and apocalypse of hell He warned that the United States was close to losing “our republic.” “What’s happening in America, in our republic, in our democracy is exactly the same as Rome lost its republic thousands of […]