There was a time when augmented reality was going to change everything. Phone makers were racing to add AR features. Samsung built an entire suite of them, gave them a home under a menu called Read more…
Bank of England policymakers laid out a clear divide over how to respond to the renewed energy shock at a Treasury Committee hearing in parliament on Tuesday. Governor Andrew Bailey warned that “we’ve got higher Read more…
If you were to ask your financial advisor how they get paid, they might answer that they charge a percentage of the assets that they manage for you. Or, they might say that you don’t Read more…
The last time Audi, a subsidiary of Volkswagen Group (VWAGY), tried to build the smartest small car in Europe, it lost money doing it. The original A2, launched in 1999, wore an all-aluminum body, and Read more…
Costco has one of the most generous return policies in all of retail. The chain calls it a “Risk-Free 100% Satisfaction Guarantee” and explains its merchandise return policy as follows: “We guarantee your satisfaction on Read more…
Markets Brent oil is closing in on the psychologically important $100 barrier, touching an intraday top of $99.46 before paring gains somewhat. Tensions between the US and Iran flared up again militarily, crushing any hope Read more…
Michael Burry is famous for making bets that look strange before they look obvious. His latest one may be his most personal. The investor most famous for forecasting the collapse of the U.S. housing market Read more…
The NFIB Small Business Optimism Index declined by 1.1 points to 98.7 in August, but held above its 52-year historical average of 98.0. The Uncertainty Index retreated by 2 points to 89, remaining notably elevated Read more…
Brent hit new multi-week high on Tuesday following fresh escalation in the Middle East which threatens to further disrupt a tiny flow through the key Strait of Hormuz supply route. The price neared psychological $100 Read more…
A $40 billion institutional trade cycles through Vanguard’s S&P 500 exchange-traded fund (VOO) every quarter, affecting retirement account holdings, Bloomberg reported. Foreign institutions are behind the quarterly movement, exploiting a scheduling gap between VOO and Read more…