Investing

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Investing

Chevron, Shell make stunning Venezuela move as Iran crisis deepens

Chevron (CVX) and Shell are closer to inking major deals as the Iranian crisis looms in the backdrop.  Both energy giants are inching toward some of the first major production agreements in Venezuela since the January political upheaval, Reuters reports. This led to a massive opening in the market. The story is massive, but the

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Cathie Wood buys $2 million of tumbling AI stock

Cathie Wood, chief of Ark Investment Management, doesn’t give up on her favorite stocks easily. That’s what she just did, buying one of her top holdings that’s down 15% year-to-date. Wood gained a reputation after the flagship Ark Innovation ETF (ARKK) delivered a 153% return in 2020. Last year, the fund gained 35.5%, far outpacing

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Veteran analyst drops surprising gold price prediction

Ed Yardeni foresees gold having a long runway ahead.  Despite the recent sluggishness, the veteran strategist believes the shiny yellow metal has the potential to reach $6,000 an ounce by the end of 2026 (a 20% increase from current prices) and $10,000 by the end of the decade. At the time of writing, spot gold

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U.S. gas prices jump amid ongoing fighting in Persian Gulf

President Trump and his administration argue every day that the U.S.-Israel campaign against Iran is succeeding, and succeeding every way possible. Except in the markets and at gas pumps across the United States where motorists look stunned when they realize retail gas prices are up nearly 30% since the beginning of 2026. That was not

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Warren Buffett makes a stunning move with his Berkshire stake

Warren Buffett has spent decades building one of the greatest fortunes in American history. Now, at 95, he has a very clear idea of what happens to it when he is gone. The Oracle of Omaha is directing his roughly $150 billion estate to the charitable foundations of his three children, Susie, Howard, and Peter,

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Popular cruise destination slapped with new state of emergency

With the first modern travel advisory dating back to 1978 when the U.S. State Department tried sending out bulletin-style notices about countries commonly visited by Americans, this eventually evolved into a four-tier system in which a rating is assigned to all 193 governments and two non-member observer states recognized by the United Nations. The first

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Ryanair plane stormed by bailiffs over unpaid traveler compensation

As a low-cost airline, Dublin-based Ryanair frequently fields accusations of trying to squeeze passengers in any way they can. The low-cost business model in general relies on luring in travelers looking for a bargain with a rock-bottom fare and then making up for the difference by charging for additions that would normally come included if

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Harmony Gold doubled its dividend but the market had other plans

Harmony Gold had good news for shareholders this week. They doubled the dividend. Investors responded by dumping the stock. Shares of the South African miner fell on the New York Stock Exchange after the company released its first-half results on Wednesday. The numbers told two very different stories at once. On one hand, operating profit

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Here is what you should do in downtown Miami on your next trip

For most who don’t live in the area, Miami immediately brings up associations of the white sand beaches and parties of South Beach. The entire island of Miami Beach sees the main bulk of tourists due to its proximity to the coastline and large concentration of beachfront hotels. The downtown core of the city, meanwhile,

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Gas prices get rocked by Iran war volatility

President Trump said this week the war with Iran was basically done. Oil prices fell quickly on the statement news. In fact, futures trading of Light Sweet crude oil, the benchmark U.S. crude oil, has seen the price fall nearly 12% from March 6 and nearly 33% its peak on March 9. But did you

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