cash
Investing.com — In a recent interview, Investing.com spoke with Luciano Duque, the Chief Investment Officer of C3 Bullion, and Christopher Werner, the chairman and CEO of C3 Bullion, to understand how they are changing the perception of from a static asset into a revenue-generating investment. Traditionally, gold has been regarded…
By Mike Dolan LONDON (Reuters) – A flood of money was expected to cascade from U.S. cash funds to riskier assets as interest rates began to tumble. But so far, this flood has been missing in action, raising the question of whether this is a sign of extreme caution, plain…
Netflix makes money. A lot of money.This is not news now. But a few years ago, when the company was burning billions a year, it wasn’t a foregone conclusion.Good luck, would-be Netflix competitors! Netflix made a lot of money in the last three months.Yawn. What else is new? Netflix is…
A string of disasters strained FEMA’s relief budget before Hurricanes Helene and Milton hit.FEMA for two months had to pause $9 billion meant for communities still recovering from past disasters.The budget crunch is the new norm as the climate crisis fuels more destructive storms. When Hurricane Helene hit Florida in…
Amazon’s cash balance is expected to reach almost $400 billion by 2027, far outpacing tech rivals.This cash gusher stems from record profits, cost-cutting, and success in cloud and advertising.Shareholders will want some of this money. So far, Amazon is investing in AI and other growth plans. Amazon’s ballooning cash balance…
Investing.com — The surge in money market funds’ assets, which have reached record highs, exposes investors to reinvestment risk as the Federal Reserve shifts towards a rate-cutting cycle. While holding cash has provided stable returns in recent years, investors may now face diminishing returns as interest rates fall, creating a…
By Valerie Volcovici WASHINGTON (Reuters) – Former President Donald Trump has said he would cancel all unspent funds from President Joe Biden’s signature climate law if he wins the presidential election on Nov. 5. But the vast majority of grants will be spent by the time a new president takes…
Sam Altman founded OpenAI in 2015 with a lofty mission: to develop artificial general intelligence that “benefits all of humanity.”He chose to be a nonprofit to support that mission.But as the company gets closer to developing artificial general intelligence, a still mostly theoretical version of AI that can reason as…
By Duncan Miriri and Laurie Chen NAIROBI/BEIJING (Reuters) – China stopped short of providing the debt relief sought by many African countries this week, but pledged 360 billion yuan ($50.7 billion) over three years in credit lines and investments. The Forum for China-Africa Cooperation (FOCAC) launched in 2000 took on…
Torri Hanna has juggled family and business obligations, replaced her damaged car, covered her credit cards and heating bills, saved up for a down payment, and purchased a new home. She couldn’t have done it without her guaranteed basic income.Hanna is a fiber artist who owns a yarn store/art studio…
