Gold hits the skids and miners dig deep
Today's Breakfast with Benjamin shines a light on the slide in gold and its impact on miners, Volcker rule tweaks, Nasdaq settling its Facebook IPO glitch, the expected drop in oil prices, and quotes to ponder
- Gold miners see growth reversing on falling gold prices. Bracing for asset writedowns
- Regulators are finessing the Volcker rule to appease banks. Certain hedging strategies will be allowed
- Nasdaq will shell out $41.6 million on New Year’s Eve to victims of the botched Facebook IPO. Market makers say the glitch cost them $500 million
- Analysts say 2014 will be another weak year for oil prices. Global supply is expanding
- Are any healthy people signing up for Obamacare? White House won’t say. Sign-ups vs. actual enrollments
- Fifteen business quotes pulled from the movies. ”I’m a businessman. I’m anything I need to be at any time.”
- The best and worst quotes of the year. ”What’s fair and unfair is kind of an interesting debate I have at 10 o’clock at night by myself.”
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