Consumer Products

A robot that explores the oceans can search for lost cities and shipwrecks

A version of this story appeared in CNN’s Wonder Theory newsletter. To get it in your inbox, Subscribe for free here. CNN – The ocean is full of secrets that lead to legendary knowledge. During a recent expedition to the port, the conversation soon turned to tales of piracy and exploration. A guide shared stories …

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15 High Quality Dividends You Can Buy For Sale Now

John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “Whether it’s socks or stocks, we like to buy low-quality goods.” 2022 is the year that offered attractive buying opportunities. Pouring money into stocks during a bull market means that you are buying at a high price. But if you’ve been …

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US economy shrinks in second quarter, GDP shows, calls for talk of recession

Numbers: The US economy contracted at an annualized pace of 0.9% in the second quarter to mark the second consecutive decline, fueling the debate over whether the US has really sunk into recession. Gross domestic product, a measure of the economy’s performance, contracted at a pace of 1.6% in the first three months of the …

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McDonald’s Profits: Customers ignore high menu prices as revenue rises

New York CNN Business – McDonald’s raises menu prices and customers eat them. The company said Tuesday that sales at US McDonald’s restaurants that open at least 13 months ago jumped 3.7% in the second quarter. This growth was driven by higher menu prices and “value offerings” on its regular menu as well as through …

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Stock market turmoil may not scare retail investors: ‘We’re not seeing investors respond in the usual way’

Surveys and buying data suggest that despite all the bearish dips so far this year, the stock market may not frighten many retail investors. A quarter (26%) of people said the stock market is the best place to spend money that they won’t need to tap for a decade, according to a new Bankrate.com survey. …

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