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Major stock indexes ended higher to kick off the second half of 2024. Bond yields jumped as markets assessed the election outlook in the US and Europe.
We recently compiled a list of the 10 Cheap and High-Quality Stocks Picked by Former SAC Capital Analyst. In this article, we are going to take a look at where Allison Transmission Holdings, Inc. (NYSE:ALSN) stands against the other cheap and high-quality stocks. Jonathan Tepper, the chief investment officer of little-known hedge fund Prevatt Capital, […]
Global miner Rio Tinto is negotiating with workers at its Oyu Tolgoi copper operations in Mongolia to avert further industrial action over a sharp drop in wages that triggered an earlier strike in May. Rio Tinto moved underground at Oyu Tolgoi, one of the world's largest copper-gold deposits, in March last year and is ramping up to produce around 500,000 tons of copper a year from 2028 onwards. The copper production would be worth some $5 billion annually at current prices, which have retreated below $10,000 a ton from a record near $11,000 a ton in May.
Governor Gavin Newsom has signed the Personal Finance Education bill (Assembly Bill 2927), establishing a new law guaranteeing that all California high school students will receive personal finance education. The measure was passed by the Senate and the Assembly last week with unanimous bipartisan support and was supported by leading education and business organizations.
California lawmakers are considering legislation that would require artificial intelligence companies to test their systems and add safety measures so they can't be potentially manipulated to wipe out the state's electric grid or help build chemical weapons — scenarios that experts say could be possible in the future as technology evolves at warp speed. It is fiercely opposed by tech companies, including Meta, the parent company of Facebook and Instagram, and Google. Democratic state Sen. Scott Wiener, who authors the bill, said the proposal would provide reasonable safety standards by preventing “catastrophic harms” from extremely powerful AI models that may be created in the future.
On July 4, Britain is all but certain to boot out its Conservative Party after 14 years in power amid scandal and rising poverty.
We recently compiled a list of the 10 Cheap and High-Quality Stocks Picked by Former SAC Capital Analyst. In this article, we are going to take a look at where British American Tobacco p.l.c. (NYSE:BTI) stands against the other cheap and high-quality stocks. Jonathan Tepper, the chief investment officer of little-known hedge fund Prevatt Capital, […]
Mosaiq Group is a new entity comprising five luxury packaging makers which has already obtained financial backing by private equity Arca Space Capital.
Communication errors are responsible for some of the deadliest plane crashes, showing a pilot can make or break a crisis. An airline safety expert breaks down what the industry has learned from past accidents.
Steve Alden, a new golf champion, finds himself target of an assassination plot. But who would want to kill him and why? Liz Feinman takes her readers into the glamorous yet treacherous world of an exclusive country club, where wealth, ambition and envy converge.