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(Stefan Gleason, Money Metals News Service) The Federal Reserve’s most recent policy statement came with a curious omission. Fed officials removed language from previous statements that proclaimed “the U.S. banking system is sound and resilient.” That begs the question: Is the banking system no longer sound and resilient? The Fed initially...

(Mike Maharrey, Money Metals News Service) Economics always wins. Ask UPS workers. The shipping giant recently announced plans to lay off 12,000 employees, citing a forecast for weaker shipping demand in 2024. The company said the downsizing will save about $1 billion in employee costs. According to a report published...

(Luis Cornelio, Headline USA) Senate negotiators revealed the text of a contentious border deal on Sunday, unveiling the long-awaited content of a bill that President Joe Biden and Democrats have been anticipating.  Most of the $118.28 billion is allocated to non-border issues. According to a one-pager released by the Senate, the bill...

(Dmytro “Henry” Aleksandrov, Headline USA) Even though 27 states and Washington D.C. banned "conversion therapy" for minors because they "increase" the risk of suicide, it was recently revealed that not only is this not the case but the treatment decreases the risk of suicide or thoughts of suicide among the...

(Headline USA) Before claiming the prize last week, a group of employees and teachers from a Kentucky middle school who bought a $1 million Powerball winning ticket found a perfect hiding spot where nobody would think to look. They tucked it in a math text book. With literacy rates having reached...

(Headline USA) A small venture capital firm faced tough questions from conservative judges Wednesday as it defended a grant program for black women-owned businesses in a lawsuit that has become emblematic of a growing legal backlash against corporate diversity programs. The Fearless Fund, which provides early stage funding for businesses...

(Gwendolyn Sims, Headline USA)  On Wednesday, the U.S. House of Representatives passed the Tax Relief for American Families and Workers Act of 2024. The bipartisan bill passed the House 357 to 70 to expand eligibility for the child tax credit for lower-income families. It adjusts payments for inflation for...

(Mike Gleason, Money Metals News Service) After a sluggish January for precious metals, gold and silver markets saw a rally during the first day of February trading, only to see it reverse on Friday, February 2, after a strong U.S. jobs report. Metals and equity markets had turned down on...

(Headline USA) Elon Musk wants Tesla investors to decide on moving the company's corporate listing to Texas after a Delaware court decided he shouldn't get a multibillion-dollar pay package. https://twitter.com/elonmusk/status/1752491924848820595 The electric car company's CEO said early Thursday that Tesla would get shareholders to vote on whether to switch its corporate...

(Mike Maharrey, Money Metals News Service) Where there’s fire, there’s smoke. And there is definitely smoke in the U.S. banking system. The mainstream consensus is that the Federal Reserve successfully raised interest rates, slayed the inflation monster, and did it without breaking anything in the economy. Most people seem convinced...

(Dmytro “Henry” Aleksandrov, Headline USA) The Chinese communist regime started censoring economists and journalists who dared to raise concerns about the poor state of the Chinese economy to save the image of the country's stability. In addition to that, top lieutenants of CCP dictator Xi Jinping urged officials to “promote the...

(Brett Rowland, The Center Square) EBay Inc. agreed Wednesday to pay $59 million and make changes to its compliance program as part of a settlement with the U.S. Department of Justice that it violated the federal law by selling thousands of pill presses and encapsulating machines through its website. The...