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Gold price rises to record on expectations of Fed rate cut

bear Prices hit a new high in Asian trade on Monday, largely based on growing investor confidence that the Federal Reserve will implement a significant interest rate cut later this week, reports Investing.com. Anticipation of lower rates, which are seen as beneficial for non-interest-bearing assets such as gold, has contributed significantly to the precious metals…

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5 things you need to be a successful day trader

Opinions expressed by Entrepreneur contributors are their own. There is no doubt that money allows you to take many shortcuts in life. You can hire all kinds of people to give you expert opinions. You can even hire them to do many complicated tasks. Money makes your environment as lush and customized as you want,…

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Nvidia AI Chip Demand Impacts Global Stock Market, Investors

Nvidia has jumped 140% year-to-date – and it's done about a quarter of the entire 17% total gain of the S&P 500. In June, Nvidia had an even bigger impact on the index's returns, accounting for over a third of the total returns. Demand for the company's AI chips is so high, says CEO Jensen…

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Sam's Club memberships are down to just $15 for a year

Disclosure: Our goal is to display products and services that we think you will find interesting and useful. If you purchase them, the Entrepreneur may receive a small portion of the sales revenue from our trading partners. As prices rise and membership fees increase at other clubs, savvy entrepreneurs know where to find the best…

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Why entrepreneurs should care about family offices

Opinions expressed by Entrepreneur contributors are their own. As someone who helps entrepreneurs connect with Family Offices, I've seen firsthand the incredible opportunities they offer. Globally, Family Offices currently manage approximately $3.1 trillion in assets under management (AUM), and this figure is projected to grow to $5.4 trillion by 2030. according to Deloitte. Others estimate…

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McDonald's is expanding its popular $5 meal deal

McDonald's it's expanding it $5 meal deal promotion, launched last summer, to cater to budget-conscious customers. Billed first as a limited-time response to provide relief to consumers affected by inflation, the promotion has gained traction with consumers looking for value from fast food brands. of $5 meal deal includes a McDouble or McChicken, small fries,…

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Amazon's CEO mandates employees to return to the office 5 days a week

Amazon CEO Andy Jassy made a case — and a mandate — for office work on Monday. In one publicly available message, Jassy said that Amazon Over 1.5 million employees must return to the office five days a week beginning January 2nd. Amazon is also bringing back desks to offices that had that setup before…

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Organic growth: It's not just a marketing problem

Organic growth has long been a challenge for financial advisors. Despite industry growth rates averaging between 4% and 7% in recent years, only a small percentage of advisors are seeing significant gains. Data from McKinsey and Tiburon show that organic growth is disproportionately concentrated among a select few, while most advisors struggle to move the…

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23andMe settles for $30 million after massive data breach

Reuters reported on Friday that the genetic testing company 23 and I has agreed to pay a $30 million settlement after a hack exposed the personal information of 6.9 million customers on the dark web. The company will also pay for three years of security monitoring for affected customers. The class action lawsuit alleged that…

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$1 billion Utah team joins Raymond James from LPL

A trio of advisers with about $1 billion in client assets under management are giving up their LPL affiliation to join Raymond James through the firm's independent channel. Utah-based Jaden Gurney, Trevor Hanson and Jonathan Rogers moved from Zions Bank and LPL to Raymond James Financial Services, one of several advisor/team moves announced Monday. Related:…

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