Word: owning
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...indicative of the less-than-investor-friendly ways of the business. One could buy stock in gold-mining companies, but that added a layer of volatility and risk. Since 2004, however, it's been possible - through exchange-traded funds (ETFs) - to effectively own gold without the hassle of actually owning it. Gold is now something you can hold in a portfolio, like any financial asset. Lots of investors have chosen to do so. The SPDR Gold Shares ETF has assets of $40 billion, and similar ETFs around the world have another $10 billion. (See pictures of black gold...
With the Afghan war now into its ninth year, Obama is facing increasing pressure from Congress to justify its cost. Members of his own party are talking of a war tax, underscoring their opposition to reinforcing the 68,000 U.S. troops now there. "If this war is important enough to...
The biggest multischool site, JuicyCampus, was receiving thousands of hits a day when it folded in February - after advertisers pulled out. This happened around the time that two state attorneys general began investigating the site for possibly violating consumer-protection laws and its own terms of use. But wannabe sites...
There's no handbook for how to abdicate, but Oprah Winfrey offered up a pretty good model for monarchs who don't wish to go quietly. Employing her house blend of sentimentality, determination, pride and genuine emotion, the queen of all media announced that the 25th season of The Oprah...
In 1991, an actress named Deepika Chikhalia won a parliamentary seat, five years after winning fame for her portrayal of the goddess Sita, India's most revered symbol of womanhood, in a wildly popular television serial based on the Hindu epic the Ramayana. Hoping to copy her success, other political...