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Gold Is Becoming More of a Reserve Currency, Taleb Says

1 day 16 hours ago
Nassim Taleb, author of “The Black Swan” and distinguished scientist at Universa Investments, says gold is becoming more of a reserve currency, because the US dollar is not as reliable as it once was. He speaks at the Greenwich Economic Forum. (Courtesy Greenwich Economic Forum) (Source: Bloomberg)

Constellation Acquires SpikeAde For $75 Mln; Shares Down

1 day 16 hours ago
(RTTNews) - On Tuesday, Constellation Brands, Inc. (STZ), a U.S.-based total beverage alcohol company, announced the acquisition of SpikedAde, a differentiated, consumer-led spirit-based ready-to-drink (RTD) beverage brand competing in the emerging sports drink-inspired "Ade" seg
RTTNews

Constellation Acquires SpikeAde For $75 Mln; Shares Down

1 day 16 hours ago
(RTTNews) - On Tuesday, Constellation Brands, Inc. (STZ), a U.S.-based total beverage alcohol company, announced the acquisition of SpikedAde, a differentiated, consumer-led spirit-based ready-to-drink (RTD) beverage brand competing in the emerging sports drink-inspired "Ade" seg
RTTNews

Dollar Slips on Lower T-note Yields and Strength in Stocks

1 day 16 hours ago
The dollar index (DXY00 ) fell by -0.32% on Tuesday, falling back from Monday’s 1.5-year high. The widening of the US Aug trade deficit to a 17-month high was bearish for the dollar. Also, lower T-note yields on Tuesday weighed on the dollar. In addition, Tuesday’s rally in the S&P...
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