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Monday, December 9, 2024

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TikTok Asks Federal Appeals Court to Bar Potential Ban until SCOTUS Review

(Headline USA) TikTok asked a federal appeals court on Monday to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews its challenge to the statute. https://twitter.com/TikTokPolicy/status/1866153212123775236 The legal filing was made after a panel of three judges...

Pentagon Sends Additional $988M in Military Support to Ukraine

(Shirleen Guerra, The Center Square) The Department of Defense announced a new round of nearly $1 billion in U.S. taxpayer money for Ukraine as the conflict with Russia continues. Federal spending known to have been allocated for Ukraine now totals at least $62 billion since the long-running war escalated in...

Precious Metals Investigator Hints at Looming Silver Supply Crunch

(Money Metals News Service) In a recent episode of the Money Metals Podcast, host Mike Maharrey sat down with Philip Newman, Managing Director of Metals Focus, to explore the evolving landscape of the precious metals market. The conversation touched on the impact of political changes, industrial demand, and shifting investor sentiment...

DOZENS of Banks Participated in FBI’s Warrantless Surveillance of J6ers, Report Reveals

(Ken Silva, Headline USA) Last year, an FBI whistleblower revealed that Bank of America provided a trove of data about January 6 protestors to the FBI—voluntarily and without a warrant. It turns out, that was just the tip of the iceberg. According to a Friday report from the House Weaponization Subcommittee, an...

REPORT: Federal Gov’t Wasting Billions on Unused Office Space as 94% Work Remotely

(Matt Lamb, Headline USA) A new Senate report revealed that millions of federal workers---including those who handle sensitive information, such as Social Security payments and tax returns---are working from home more than two years since the widely accepted end of the COVID-19 pandemic. Sen. Joni Ernst, R-Iowa, the founder of...

Federal Appeals Court Upholds TikTok Ban as Trump Pledges to ‘Save’ It

(Headline USA) A federal appeals court panel on Friday upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social-media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the...

Trump Announces First AI and Crypto Czar

(Julianna Frieman, Headline USA) President-elect Donald Trump announced the nomination of investor David Sacks to the new role of “White House A.I. & Crypto Czar” Thursday in a post on Truth Social. “I am pleased to announce that David O. Sacks will be the ‘White House A.I. & Crypto Czar,’" Trump wrote....

Global Gold ETF Holdings Dipped in November Even as North American Funds Reported Inflows

(Mike Maharrey, Money Metals News Service) The presidential election brought us the "Trump shock" and a healthy correction in the gold market. We saw this reflected in gold flows out of ETFs globally for the first time since April. While gold continued to flow into North American-based funds, all of the other...

Modern Gold Rush Driving Up Property Values in the Mojave Desert

(Mike Maharrey, Money Metals News Service) Do you like to do things the easy way or the hard way? If you want gold, you can do it the easy way. Just buy some at MoneyMetals.com. Or you could do it the hard way. Grab your pick and shovel and head out...

Bezos Says He Is ‘Optimistic’ About Trump’s De-regulatory Agenda

(Headline USA) Amazon founder and billionaire Jeff Bezos told big-wig investors this week that he is “optimistic” about President-elect Donald Trump’s agenda, specifically Trump’s plan to cut regulations throughout the federal government. "I’m very hopeful—he seems to have a lot of energy around reducing regulation," Bezos said during the New York...

Bitcoin Tops $100,000 with Trump-Election Crypto Rally Rolling on

(Headline USA) Bitcoin topped $100,000 for the first time as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on. The cryptocurrency officially to rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate...

Call It Expensive-otle: Burrito Chain Jacks Up Prices by 2% to Combat Bidenflation

(Shirleen Guerra, The Center Square) Consumers could soon pay more for a burrito at a popular U.S. chain as the company passes on higher food costs due to inflation. Chipotle Mexican Grill said it would implement a 2% increase at 20% of Chipotle locations to offset inflation. "For the first time...
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