Brett Heath, CEO and director of Metalla Royalty & Streaming (TSXV:MTA,NYSEAMERICAN:MTA), believes gold is only at the beginning of its current cycle, with US$2,600 to US$3,000 per ounce potentially in sight this year. However, that’s starting to change, with some investors at both the retail and institutional levels getting interested.…
The US Bureau of Labor Statistics released its latest consumer price index (CPI) figures on Wednesday (August 14), revealing a 0.2 percent increase in July from the previous month. While the gain was not unexpected, it marks a change from the 0.1 percent month-on-month decline seen in June. On a…
Learning about the aluminum production from countries around the world offers insight into the important industrial metal, which is used in a wide range of essential applications globally. The reason aluminum is one of the most in-demand industrial metals is its versatility. The metal is non-toxic and lightweight; it also…
Google’s (NASDAQ:GOOGL) Made by Google event on August 13 (Tuesday) showcased a range of new products in its Pixel lineup, with a particular emphasis on its new Pixel 9 smartphones and artificial intelligence (AI) capabilities. Four new models were introduced: the Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL…
Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand. The home improvement retailer said it now expects full-year comparable sales to decline by 3% to 4% compared with…
Mars will acquire Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands, the companies announced Tuesday. The M&M owner Mars is acquiring the Kellogg spin-off company for $83.50 per share, according to the press release. The addition of Kellanova, which separated from its parent company in 2023, will bring…
Starbucks is replacing its CEO with the head of Chipotle as it seeks to revive flagging sales and appease outside investors. Starbucks announced Tuesday morning that Brian Niccol, who has led the burrito chain since 2018, will take over the coffee giant starting next month. Laxman Narasimhan, who took over as…
The Murdoch family feud taking place in an obscure Nevada court highlights the state’s surging popularity as a global center of family trusts and a friendly home to the world’s biggest fortunes. According to legal industry rankings, Nevada is now the top state in the country when it comes to…
A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family units were completed in June than in any month in nearly 50 years, according to Zillow Group,…
Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked…