The silver price put on a strong performance in 2024, hitting highs not seen in over a decade. Despite some volatility, factors like increasing industrial demand, safe-haven buying from investors and weakening mining supply all came together during the year to support gains in the price. All told, silver is…
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its opioid painkiller OxyContin, a court filing said Friday. A former top partner at McKinsey, Martin Elling, also agreed to plead guilty to…
Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before its inaugural season. “Our players haven’t even taken the court yet and the foundation we are building with our partners unites unparalleled expertise, strategic insight, and an incredible product,” Unrivaled President Alex…
CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s litigation was an attempt to circumvent the contract between the two companies. The agreement between CrowdStrike and Delta includes a clause limiting CrowdStrike’s liability and a…
Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its U.S. locations, CNBC has learned. It’s not clear how many of Walmart’s stores have the recording devices, but some locations now have signs at entry points warning shoppers that it has…
Today Erin looks at the Broadcom (AVGO) chart and compares it to the NVIDIA (NVDA) chart. She shows us the differences between the two and tells you whether she believes AVGO will be the new NVDA, meaning it will perform as NVDA used to perform with a concerted move up…
Good morning and welcome to this week’s Flight Path. The “Go” trend in equities continued again this past week but we saw some weakness as GoNoGo trend painted a few weaker aqua bars. Treasury bond prices experienced a change in trend as a few bars of “Go Fish” gave way…
President-elect Trump claims that President Biden’s administration ‘knows what is happening’ regarding unexplained drone sightings over New Jersey, New York and other states. Trump made the statement Monday during a lengthy press conference with reporters at Mar-a-Lago, saying the U.S. military certainly knows the origin of the drones. ‘The government…
President-elect Trump tangled with a reporter who asked him Monday if he would entertain the idea of preemptive strikes on Iran. Trump, following remarks at Mar-a-Lago, took questions from the media, and one reporter asked if he would target Iran’s nuclear facilities, ‘Well I can’t tell you that. I mean,…
President-elect Trump claims that President Biden’s administration ‘knows what is happening’ regarding unexplained drone sightings over New Jersey, New York and other states. Trump made the statement Monday during a lengthy press conference with reporters at Mar-a-Lago, saying the U.S. military certainly knows the origin of the drones. ‘The government…