FINANCE
SEN. RICK SCOTT: Ben & Jerry’s Israel Boycott Likely is Breaking the Law
Sen. Rick Scott, R-Fla., wrote in a letter on Tuesday that the Commerce Department must investigate Ben & Jerry's for possibly violating a 1969 law when it banned ice-cream sales in the West Bank, the New York Post reported.
Scott also wrote that anti-Semitism may have motivated Ben & Jerry's...
Automakers’ Projections Fall Well Short of Biden’s Goal for Electric Vehicles
Detroit-based automakers in early August seconded President Joe Biden's dream that Americans would purchase between 40% and 50% electric vehicles by 2030, but automaker production estimates now indicate that sales will not likely reach 20%.
After analyzing the industry's production estimates, AutoForecast Solutions found that automakers plan to make only...
‘Woke’ Companies Ignore Call to Disassociate from LGBT Leader Who Helped Cuomo
A think tank devoted to fighting corporatism has called upon the CEOs of top companies to pull their support for the Human Rights Campaign, a leading LGBT activist group, after its president helped cover up sexual-harassment allegations against New York Gov. Andrew Cuomo.
BOOKED: @FreeEntProject's Scott Shepard talks with @afncwoodward...
Will the U.S. Currency Regime Fall?
Afghanistan has fallen.
The U.S. government’s nearly two-decade-long, multi-trillion-dollar “nation building” effort in the troubled, tribal country may now have nothing to show for itself.
“President Joe Biden and other top U.S. officials have been stunned by the pace of the Taliban’s nearly complete takeover of Afghanistan,” reports the Associated Press.
Unsurprisingly,...
Socialist Venezuela to Slash 6 Zeros from Its Failed Currency
(Mike Gleason, Money Metals News Service) Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
After getting off to a rough start to open the week, precious metals markets appear to be stabilizing.
Gold and silver prices got walloped in a futures selling raid ahead of Monday’s market open. Some leveraged...
Biden Orders USDA to Permanently Boost Food Stamp Benefits by 25%
(Headline USA) The Biden administration has approved a significant and permanent increase in the levels of food stamp assistance available to one-in-eight Americans—the largest single increase in the program's history.
Starting in October, average benefits for food stamps (officially known as the SNAP program) will rise more than 25 percent...
Inflation Forces Wholesale Prices to Biggest Hike Ever in July
The Producer Price Index (PPI) shot up 1% in July, bringing the 12-month PPI average to the highest annual jump on record at 7.8%, according to data released by the Labor Department on Thursday.
The news follows up on data released earlier in the week that showed consumer inflation at...
‘Pathetic’ Biden Begs OPEC to Produce More Oil as Gas Prices Skyrocket
As America's gas prices skyrocket, President Joe Biden on Wednesday issued a "pathetic and embarassing" plea to the Organization of the Oil Exporting Countries to produce more oil, the Washington Times reported.
"It’s pretty simple: if the President is suddenly worried about rising gas prices, he needs to stop killing...
Debt Ceiling and Budget Battles to Underpin Gold Prices
The gold market has no shortage of issues following Sunday evening’s “flash crash” that saw prices drop sharply at the open.
A mysterious $4 billion sell order – suspiciously placed during the most illiquid time of the day – caused a waterfall $100 decline in gold prices while silver dropped...
Inflation Inflicts Greater Pain on US Consumers in July Report
Consumer prices continued their steady rise upward in July, with inflation running at 5.4% annually, well above the Federal Reserve target of 3%, according to data released by the Labor Department.
The index for all items less food and energy, called the core index, increased 0.3 percent in July on...
St. Louis Taxi Company Bans Masked, Vaccinated Customers
A taxi company in St. Louis, Missouri announced it will not serve customers who have been vaccinated against the coronavirus or insist on wearing masks inside the cars.
"We don't allow any type of masks in our vehicles," Charlie Bullington, the owner of Yo Transportation, told KMOV. "The second one...
Bullion Investors Hang Tight!
(Clint Siegner, Money Metals News Service) The precious metals futures markets launched shortly after Richard Nixon closed the gold window and removed the last vestige of gold backing from the Federal Reserve Note. Officials introduced paper gold and silver contracts specifically to increase price volatility and discourage physical ownership of...
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