Gold vs CDs vs stocks: When gold helps (and when it doesn’t)

New York Post may receive revenue from affiliate and advertising partnerships for sharing this content and/or when you make a purchase. Harry Markowitz, the economist often credited as the father of modern portfolio theory, is reputed to have said, “Diversification is the only free lunch in finance.” Diversification does a lot of work in your portfolio and is still one of the investment basics new savers learn. Many 20th-century investing assumptions have been tested in recent years, but the underlying principle behind diversification remains sound. Buying assets whose values aren’t correlated hedges against risk. Metal dealers, such as Thor Metals…

McDonald’s is quietly ditching a popular in-store feature nationwide

McDonald’s is quietly ending the era of self-serve soda fountains nationwide. The shift, years in the making, is part of a broader effort by McDonald’s to modernize its restaurants, reduce labor and maintenance demands, and adapt to changing consumer habits that increasingly favor takeout, delivery and drive-thru service over dining in. The company…

Ex-NYC Mayor Rudy Giuliani hospitalized in critical condition: spokesperson

Former New York City Mayor Rudy Giuliani is hospitalized in critical, but stable condition, a spokesperson for the close ally of President Trump said Sunday. “Mayor Rudy Giuliani is currently in the hospital, where he remains in critical but stable condition, the spokesperson said in a statement. “Mayor Giuliani is…

Elon Musk gets an apology from California regulators as a SpaceX lawsuit is settled

LOS ANGELES (AP) — California regulators apologized to SpaceX CEO Elon Musk this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission acknowledged its members made “improper” statements about Musk’s…

Father, 41, is ‘in love with life’ following bowel cancer diagnosis

There aren’t many people who can find the bright side of being diagnosed with cancer. But winemaker Nick Dugmore has found it. “Cancer’s been phenomenal for me, because I’ve never lived so f—ing purely and happy, and just in love with life in all my life,” Dugmore told news.com.au. It’s…

Humanoid robots seen handling airport baggage in futuristic true footage

The bots have got this in the bag. We may no longer fear disgruntled luggage handlers playing soccer with our suitcases. Japan Airlines is looking to fill a baggage handler gap by enlisting an army of automated bag bots to assist their human counterparts. Starting in May, these humanoid luggage…

‘We can no longer ignore diseases in the deep human past’: Malaria influenced early humans’ migrations across Africa, study suggests

The risk of malaria influenced where prehistoric people lived in sub-Saharan Africa, a new study suggests.The research is the first to link early human habitation with the deadly disease and contrasts with early assumptions that prehistoric people migrated to different regions mainly for agricultural reasons.In the study, researchers analyzed existing…

Jimmy Kimmel slams Trump again after FCC opens review of ABC TV licenses

Jimmy Kimmel doubled down on his criticism of President Trump after the president called for his firing and the Federal Communications Commission opened an investigation into ABC’s TV licenses. During the Tuesday monologue of his late-night show “Jimmy Kimmel Live!,” Kimmel flashed a clip of Trump apologizing for the first…

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