HW_EMAIL1_0230PM

(Ken Silva, Headline USA) The U.S.-built pier to Gaza was broken apart by strong winds and heavy seas last week, just days after it became operational—the latest setback to a Biden administration boondoggle that faces criticism for failing to live up to its $320 million price tag. U.S. officials say that...

(Mike Maharrey, Money Metals News Service) Last month, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the country’s economy. At the time, I warned that a gold-backed currency would be a great step, but that it wasn’t going to solve Zimbabwe’s problems unless the government changed its...

(Headline USA) President Joe Biden and Vice President Kamala Harris got off to a rough start in what was touted as an aggressive and lofty plan to win back black voters who have strayed from the Democrat plantation due to the administration's awful stewardship and often cavalier, exploitative way...

(Headline USA) OpenAI says it's setting up a safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday that the committee will advise the full board on...

(Headline USA) A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange. Salame, 30, was a...

(Headline USA) A northern Virginia-based tech company is paying $38,500 to settle claims that it discriminated by posting a job listing seeking white, U.S.-born candidates for an opening as a business analyst. Ironically, it says the offensive listing was posted vindictively by an employee who was neither white nor U.S....

(Headline USA) With the U.S. economy stuck in an inflationary holding pattern, one of the only ways to bring prices back down---short of the government stopping its aggressive spending and open-borders policies---is for the stores themselves to intervene. Biden has regularly barked at retailers to lower their prices, blaming "corporate...

(Mike Maharrey, Money Metals News Service) After a tepid March and April, Indian gold demand surged during an important May festival.  India ranks as the second-largest gold market in the world behind only China.  Moderating prices helped drive a resurgence in gold demand ahead of and during the Akshaya Tritiya festival...

(Mike Maharrey, Money Metals News Service) If you listen to government officials and central bankers talk about price inflation, you might think they don’t have the foggiest idea of what caused it. It might have been supply chain problems, or perhaps it was Putin’s fault. Maybe greedy corporations are...

(Mike Gleason, Money Metals News Service) As hopes for rate cuts fade, metals markets are giving back some of their recent gains. On Wednesday, minutes from the Federal Reserve’s latest policy meeting showed central bankers are frustrated by the lack of progress on inflation. After several months of official inflation...

(Dmytro “Henry” Aleksandrov, Headline USA) Walmart decided not to learn from the mistakes of Bud Light and Target by promoting its new pro-LGBT apparel on social media ahead of "Pride" month on June 1, 2024. "Not just a slogan. #PrideAlways is a reminder to lead with love," the woke company...

(Ben Sellers, Headline USA) With the Memorial Day weekend kicking off the vacation and travel season, as well as the opening of many a swimming pool, a recent report suggested that some remote workers might be giving their employers the short shrift while enjoying extra holiday benefits. The Harris Poll,...