Category archives for: Finance

Physical Demand Drives Gold Pricing

Wall Street analysts announced this morning that physical demand for gold has increased the pricing index of the precious metal several times over. Gold has been on a streak for the last couple of years. It has managed to reach new heights on several occasions and has broken all the records that were set in […]

Madoff Trustee Scores $7.2 Billion Settlement

Madoff Trustee Scores $7.2 Billion Settlement

Irving Picard, the trustee of the Madoff estate, announced this morning that he has won a $7.2 billion settlement from the estate of Jeffry Picower in New York. The settlement is the next phase in the forward movement to recover lost monies that were stolen from victims of Madoff’s massive Ponzi scheme. The total amount that […]

Yahoo’s Future Called into Question

The future of Yahoo, once the world’s most powerful internet company, is being called into question today by a host of US investors. The issue at hand is the apparent lack of movement by the company to install and support new innovations in the US market. While the company has hinted at changes and new […]

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