The rally in gold futures is closing in on a historic test at 2011’s all-time high at $1,912. The relentless advance since March highlights structural instability as a result of dovish central bank policies and loan guarantees that now threaten to drop U.S. interest rates below 0%. That could be catastrophic for Main Street Americans,
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Warren Buffett. Gerald Miller | CNBC Warren Buffett just announced his annual charitable donations to the five philanthropies he’s chosen to give the vast bulk of his fortune to. This year, the “Oracle of Omaha” is distributing 15.9 million class B shares of Berkshire Hathaway valued at about $2.9 billion. That brings his total philanthropic
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A Redfin Corp. ‘For Sale’ sign stands outside of a home in Seattle, Washington. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Marathon Oil — The oil company’s stock climbed 1% in extended trading after falling 7.05% earlier Thursday. Oil dropped 3% during the day amid concerns over rising
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Joe Biden and Donald Trump Ron Adar | Echoes Wire | Barcroft Media via Getty Images; Mandel Ngan | AFP | Getty Images Goldman Sachs is warning that the upcoming presidential election could see delayed results, and is therefore recommending that clients hedge their market bets through December in anticipation of heightened volatility through November.
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Massive industrial conglomerate General Electric (NYSE:GE) has been through a number of dynasties, each marked by a CEO with a unique vision. The price of GE stock has reflected these vicissitudes, sometimes with gains and other times with gut-wrenching losses. Source: JPstock/Shutterstock.com Current CEO Larry Culp’s tenure, while not a new development anymore, is still
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A pedestrian passes by the New York Stock Exchange, NYSE, in New York on March 17, 2020. (Photo by Michael Nagle/Xinhua via Getty) (Xinhua/Michael Nagle via Getty Images) Xinhua News Agency Companies struggling to get through the coronavirus slashed the amount of money they returned to shareholders through dividends in the second quarter. The net
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Nikola Motor Company Badger pickup truck Source: Nikola Motor Company Check out the companies making headlines in midday trading.  Nikola — Shares of Nikola soared nearly 18% after JPMorgan hiked its rating on the controversial electric vehicle company to overweight from neutral. The bank said the stock looks attractive for long-term investors after a 40% plunge this month
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