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…

Gold and silver plummet — here’s why Iran war is hammering prices

Gold and silver futures plummeted Thursday to one-month lows after a historic metals rally earlier this year as the Iran war crushed hopes for interest rate cuts anytime soon. Precious metals are seen as a safe-haven asset thanks to their ability to hold value while other assets fall, and typically…

Nearly 90K bottles of Children’s Ibuprofen Oral Suspension recalled nationwide after complaints of ‘gel-like mass’

A children’s pain reliever sold nationwide has been recalled after reports of foreign material in the product, according to federal regulators. Nearly 90,000 bottles of Children’s Ibuprofen Oral Suspension have been recalled after consumers reported finding a “gel-like mass and black particles” inside the medication, according to an enforcement report…

Monte Verde, one of the earliest Indigenous sites in South America, is much younger than thought, study claims. But others call it ‘egregiously poor geological work.’

A team of archaeologists is questioning the 14,500-year-old date of Monte Verde in Chile, one of the oldest human occupations in the Americas, and proposing a much younger age for the key Paleo-Indian site. The researchers suggest their new date challenges the current narrative of how early the Americas were…

UCLA’s Tyler Bilodeau, Donovan Dent set to play in NCAA Tournament

PHILADELPHIA — Tyler Bilodeau took a pass, rose from near the free-throw line and swished a jumper. On the other end of the court, Donovan Dent made a step-back jumper. All signs pointed toward UCLA’s two leading scorers returning Friday when the Bruins open the NCAA Tournament inside Xfinity Mobile…

Hochul delivers savage response to renaming NYC train station for Trump

Gov. Kathy Hochul said Manhattan’s Moynihan Train Hall at Penn Station will keep its name — despite President Trump requesting that the major hub be renamed after him. “It will over my dead body,” Hochul said when asked Thursday whether the late Sen. Daniel Patrick Moynihan’s name should remain on…

Should compulsive shopping and gaming be considered an addiction? Psychiatrists are considering expanding the definition.

What counts as an addiction — should compulsive shopping or gaming qualify?Researchers are currently debating whether to classify problematic behaviors as addictions in the next edition of psychiatry’s “bible” of mental health disorders. The current version of the American Psychiatric Association’s Diagnostic and Statistical Manual of Mental Disorders, DSM-5, includes…

MSG’s Madelyn Burke moving on from Giants after a decade

Madelyn Burke, a multi-platform host covering the New York Giants, most recently with MSG Network and Giants.com, is leaving after a decade on the beat. Burke, who also served as a host for CBS Sports HQ, announced the news in a social media post on Thursday. “After 10 seasons of covering the…

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