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Why Wall Street Believes Gold Could Reach $8,000: A New Era of Portfolio Allocation CWEB News

Gold's recent surge toward $5,600 per ounce in early 2026 has captured global attention, but according to a compelling new analysis from JPMorgan and...
US

How much will Middle Eastern Funds commit in Paramount WBD deal? CWEB Business News

Paramount Skydance had said that sovereign wealth funds from the Middle East would invest in its bid for Warner Bros Discovery and a popular...
US

Movie theaters are on life support — how will the film industry adapt?

Business
A movie theater in Brea, Calif., has shuttered its doors due to the coronavirus pandemic. AP Photo/Jae C. Hong Matthew Jordan, Pennsylvania State University Since the start...

Full of Rage Football Fans Are Returning To Stadiums Next Month Post COVID — 19

Business
  The British government is looking for a return of fans to football and other sports from September. Trials began only over the last week,...

Should students get a discount if they won’t be on campus because of COVID-19?

Business
  COVID-19 has caused colleges to spend more to cope with the pandemic. elenaleonova/GettyImages Robert Massa, University of Southern California Not long after the COVID-19 pandemic caused...

A COVID-19 vaccine needs the public’s trust — and it’s risky to cut corners on clinical trials, as Russia is

Business
On Aug. 11, Russian President Vladimir Putin announced that a coronavirus vaccine developed in the country has been registered for use. Russian Health Ministry/Handout/Anadolu Agency...

Lyft Reports an Alarming Revenue Drop of 61%

Breaking News
  The San Francisco-based company's revenue slumped to $339.3 million in the April-June quarter, down 61% Lyft, which belongs to the Zacks Internet - Services industry,...

Uber CEO Dara Khosrowshahi Says the Car Ride Service May Shut Down Temporarily in California

Breaking News
The shutdown may last for temporarily or for several months if the court does not rule in Uber's favor. Uber and competing Lyft have...

Sumner Redstone Media Tycoon, Dies at age 97

Business
  Summer Redstone was an American businessman and media magnate. He was the majority owner and chairman of the board of the National Amusements theater...

Pac-12 Cancels Football Season Until 2021

Business
  The Pac-12 has officially announced that the 2020 fall football season has been cancelled. The official announcement was made by commissioner Larry Scott. The growing...

Trump Administration Collaborates with Moderna to Produce 100 Million Doses of COVID-19 Investigational Vaccine

Business
  Under the leadership of President Trump, the U.S. Department of Health and Human Services (HHS) and Department of Defense (DoD) today announced an agreement...

Ed Sheeran and wife Cherry Seaborn ‘expecting their first child together any day

Celebrity
  View this post on Instagram   This is the final video from my no.6 collaborations project, it's for Put It All On Me feat @ellamai, enjoy...

Tesla Approves Five For One Stock Split

Business
If Tesla’ stock price was to remain the same until the end of the month, it will be trading at around $300- $400 per...

Disney Ends the 20th Century Fox Brand

Technology
Disney drops the Fox name from its brand. Disney (DIS) announced on Monday it renamed, 20th Century Fox Television, as 20th Television as a...

Biden Picks Kamala Harris for Vice President

Business
The nomination will be accepted at the Democratic nominations during the Democratic convention that will be held virtually next week. Biden tweeted- "I have the...

Instacart Partners with Walmart’s Sam’s Club for Same-Day Delivery Competing with Amazon-Whole Foods

Breaking News
  Amazon will now face competition from Walmart owned Sam’s Club for same day delivery. If the partnership goes well, it could mean that Instacart...

Martin Scorsese Signs First-Look TV and Film Deal with Apple TV+ as Part of First-Look Deal

Business
  Killers of the Flower Moon," which is currently in pre-production will produce and direct projects for Apple TV+ as part of the multi-year deal. “Based...

Bubble Up or Shut Down  

Business
  According to MLB commissioner Rob Manfred, they are internally  holding "preliminary discussions" about having its playoffs in a bubble-like model. The discussions have come...

S&P 500 hitting record territory

Business
  Stocks continue to shrug off the latest U.S.-China tensions as President Trump explores a variety of tax cuts   while lawmakers attempt to restart...

SoftBank Japans Tech Giant Rise On Investments

Business
Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 14% in April to June from a year earlier as its investments...

Apple pledges $2.5 billion to address California state’s housing crisis

Breaking News
Apple Inc. (AAPL) Nasdaq reached yet another high. Apple will invest $400 million toward affordable housing projects and homeowner assistance programs in the state...

A Giant Among Giants and why Louis Vuitton is The King of the Luxury Industry

Breaking News
LVMH Moet Hennessy Louis Vuitton SE the world’s leading luxury products group owns 75 prestigious brands. Revenue was 53.7 billion euros for  2019....

Oh Please, Plesac! Indians Pitcher Sent Home for Going Out to a Bar  

Business
The Cleveland Indians sent starting pitcher Zach Plesac home after he violated MLB & team rules by leaving the hotel to go out in...

Celebrity Kelly Osbourne lost 85 lbs and looks unrecognizable

Celebrity
  View this post on Instagram   Today I’m feeling #Gucci 💜❤️ A post shared by Kelly Osbourne (@kellyosbourne) on Aug 3, 2020 at 11:24am PDT   Actress Celebrity...

St Louis Cardinals Playing the COVID-19 Blues Instead of Baseball

Business
  Just when it seemed things were setting down in St. Louis,  Lane Thomas has tested positive for COVID-19, the Cardinals announced Sunday. That brings...

Celebrity Alyssa Milano shows shocking amount of hair loss as a result of COVID-19

Business
  I was acutely sick w/ Covid19 in April. I still have many symptoms. I am what they call a “long hauler”. Last night, I...

Apple Gets a Wall Street   Price target  to $515

Breaking News
Wedbush analyst Daniel Ives raises Apple (NASDAQ:AAPL) price target to $515 due to  increase  iPhone 12 optimism. Apple reported $26.4B in iPhone...

Antonio Banderas Tests Positive For Coronavirus

Breaking News
Spanish actor Antonio Banderas has tested positive for  coronavirus. He announced his coronavirus diagnosis on Instagram. José Antonio Domínguez Bandera  (born 10 August 1960), known...

Is Twitter Buying TikTok?

Breaking News
Reports from the  WSJ  also suggested that Twitter  (NYSE:TWTR)  held preliminary talks about a potential combination with TikTok (BDNCE). Twitter would be a...

Would You Want a Personal AI That Knows Everything About You?

Business
A couple years ago I took part in a marketing video where I was recorded answering questions about my career path, interests, and goals....

Money buys even more happiness than it used to

Business
Don’t listen to the old adage. PonyWang/Getty Images Jean Twenge, San Diego State University Many factors determine happiness, but one has stirred considerable controversy over the years:...

$3000 Prediction for Gold and Precious Metals Continue To Rally

Business
Spot gold climb as high as $2,070 per ounce, recording its best weekly run since the Global Financial Crisis, while spot silver nearly touched...

Ivanka Trump And Attorney General William Bar Providing $35 Million To Human Trafficking Victims

Business
73 organizations  will be provided grants   for  six months and two years of l housing assistance for trafficking victims. The ...

Walmart Drive Ins Free Movies Black Panther, Pokémon Detective Pikachu, The Lego Batman Movie, Spider-Man

Breaking News
Walmart  (NYSE:WMT)  will begin running movies next week in partnership with Tribeca Film Festival at converted parking lots at some store locations. The...

New COVID-19 Test Results Announced by MLB

Business
Major League Baseball and the Major League Baseball Players Association jointly announced the latest COVID-19 testing results under MLB’s COVID-19 Health Monitoring & Testing...

FDA Accepts Biogen’s Aducanumab Biologics License Application for Alzheimer’s Disease with Priority Review

Business
  Biogen Inc (BIIB:NASDAQ) Biogen (Nasdaq: BIIB) and Eisai, Co., Ltd. (Tokyo, Japan) today announced that the U.S. Food and Drug Administration (FDA) has accepted...

Employment Situation Summary

Breaking News
Nonfarm payroll employment rises by 1.8 million in July; unemployment rate falls to 10.2% Total nonfarm payroll employment rose by 1.8 million in July, and...

Buffett buys back record $5.1 billion in Berkshire stock due to COVID-19

Breaking News
Warren Buffett’s companies   were affected during the Coronavirus outbreak. Some of his wholly owned busy were affected and suffered losses. Berkshire Hathaway repurchased...

Hot Hollywood celebrities Who Attended Medical School

Business
  Hot Hollywood celebrities who attended Medical School Surprisingly our favorite celebs had a life before they became a household name. Several of them attended medical...

MLB Announces Schedule for Make-Up Games Due to COVID-19 Postponements

Celebrity
Major League Baseball announced several scheduling updates following the postponement of recent games as a result of positive tests for COVID-19. All scheduled games...

How a Self Driving Car Can Land You in Jail

Business
One of the most prominent trade secret cases in recent years has come to a close as Anthony Levandowski was sentenced to 18 months...

Sports Teams are Forcing Businesses to Adapt Virtual Fans

Business
67 NFL players have opted out of the 2020 season due to the coronavirus pandemic, with athletes only allowed to withdraw if "a...

From marmots to mole-rats to marmosets — studying many genes in many animals is key to understanding how humans can live longer

Health
Is there a genetic switch that can help reverse the aging process? Dimitri Otis / Getty Images Amanda Kowalczyk, University of Pittsburgh Much of longevity and aging...

Former Angels Executive Eric Kay Charged With Distributing Drugs in Tyler Skaggs Case

Business
Los Angeles Angels former executive Eric Kay has  been charged by federal authorities in Texas with distributing fentanyl which led to the overdoes death...

Manny Still Being Manny at 48 Staging Baseball Comeback

Business
Boston Red Sox legend Manny Ramirez is still trying to play baseball. The former Cleveland Indians and Los Angeles Dodgers star last played in...

Elon Musk Gives SpaceX Employees the Day Off After Successful Week of Missions

Business
  On Friday, August 7 at 1:12 a.m. EDT, 5:12 UTC, SpaceX launched its tenth Starlink mission, which included 57 Starlink satellites and 2 satellites...

Pfizer Announces Agreement with Gilead To Manufacture Remdesivir For Treatment Of Covid-19

Business
  Pfizer Inc. (NYSE: PFE) today announced a multi-year agreement with Gilead Sciences, Inc. to manufacture and supply Gilead’s investigational antiviral remdesivir, as one of...

Mark Zuckerberg is Now Worth $100 Billion

Breaking News
  Mark Zuckerberg Now Worth $100 Billion .Only Jeff Bezos of Amazon and Bill Gates of Microsoft have passed the net worth of 100 billion. Mark...

Following Massive Explosion, Pentagon Flies Aid to Beirut

Politics
    AUG. 6, 2020 |  BY  C. TODD LOPEZ, DOD NEWS The Pentagon is in the process of shipping supplies to Beirut to provide much-needed assistance...

U.S. President Donald Trump’s administration will impose sanctions on Hong Kong Chief and TikTok

Breaking News
President Donald Trump has taken aim at China again, signing a pair of executive orders targeting not only TikTok but also widely used WeChat....
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